Economists of the classical school of the eighteenth and investments nineteenth centuries have studied the competition and all other economic phenomena: Asset Management a theory which in fact conforms to describe and hedge funds explain the mechanisms, like the naturalists. In the twentieth century, overdraft the Austrian school faithfully followed this approach.
Economists of the neoclassical school (from Walras) attempt to establish quantitative laws for the economy. To this end, introduce the concept of pure funds and perfect competition, a scenario defined by a number of conditions that enable a rigorous mathematical treatment, but are not Ernst practically never in reality.
More recently, theorists of “imperfect competition” discussed the gaps between the investment management reality of competition and the model of FOX news pure competition and perfect, Buffet even referring to this model as well as an ideal that we Asset Management must achieve.
- How Ukraine Became a Market Economy and Democracy by Anders Aslund (Paperback – Feb 15, 2009)
- State Power and World Markets: The International Political Economy by Joseph M. Grieco funds and G. John Ikenberry (Paperback – Aug 2002)
- Poland’s Jump to the Market Economy (Lionel Robbins Lectures) by Jeffrey Sachs (Paperback – Aug 22, 1994)