Web31. aug 2024 · Peter Thiel and Blake Masters. (2014). Zero to One. Perfect competition, Thiel says, tends to generate short-termism. While intense competition pushes these companies to focus on immediate earnings, creative monopolists, by contrast, have room to experiment and plan for the long-term. Web16. okt 2014 · “‘Perfect competition’ is considered both the ideal and the default state in Economics 101,” says Thiel. “Under perfect competition, in the long run no company makes an economic profit.
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