In the real world, perfect competition is a myth—but underst... - Jean Tirole

"In the real world, perfect competition is a myth—but understanding it helps us see imperfections."

Jean Tirole Science

Economist Theorist French Born 1953 (age 73)

More from Jean Tirole

"The market is not an invention of capitalism. It has existed for centuries. It is an invention of civilization."

"Economics is not about money. It is a study of choice under constraint."

"Incentives matter more than intentions."

"The purpose of economic theory is to understand human behavior, not to condemn it."

"Science helps us understand the world."

"I've witnessed the birth of science, and it continues to amaze me."

"I'm something of a scientist myself."

"The fusion process is self-sustaining now!"