Nettbutikk for bedrifter og skoler

The Theory of Price Uncertainty, Production, and Profit

Pocket
Engelsk
Princeton Legacy Library
The Theory of Price Uncertainty, Production, and Profit
The Theory of Price Uncertainty, Production, and Profit
  • Forfatter: Clement Allan Tisdell
  • Format: Pocket
  • Antall sider: 208
  • Språk: Engelsk
  • Forlag/Utgiver: SD Books
  • Serienavn: Princeton Legacy Library
  • EAN: 9780691622224
  • Utgivelsesår: 2015
  • Bidragsyter: Tisdell, Clement Allan
Se flere produktegenskaper
399,-

Kjøp på nett

Firms and farmers, under pure competition, must make production decisions in the face of price uncertainty. The author has integrated diverse theories of behavior under uncertainty to provide a new framework for his mathematical analysis of the impact of price uncertainty on the behavior of the firm. Drawing upon the work of Knight, Hicks, von Neumann, and Morgenstern, he develops a schema that accounts for a greater diversity of behavior than do existing theories, yet one which yields simple economic theorems of practical value. The conclusions he draws apply to both socialist and capitalist economics.

Originally published in 1968.

The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of