Stock image for illustration purposes only - book cover, edition or condition may vary.
Introduction to Modern Austrian Capital Theory
M. Faber
€ 62.06
FREE Delivery in Ireland
Description for Introduction to Modern Austrian Capital Theory
paperback. Series: Lecture Notes in Economics and Mathematical Systems. Num Pages: 211 pages, biography. BIC Classification: KC. Category: (P) Professional & Vocational. Dimension: 244 x 170 x 11. Weight in Grams: 374.
During the fifties and the sixties the neoclassical concept of the production function was criticized in numerous papers. In particular, the aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely the neglect of the time structure of the production process, found, however, rela tively little attention. While up to the thirties the Austrian capital theory which stressed the time aspect of production was an important school, it fell into oblivion after the great capital controversies of the thirties. It took over thirty years, i. e. till the beginning of the seventies be fore ... Read more
During the fifties and the sixties the neoclassical concept of the production function was criticized in numerous papers. In particular, the aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely the neglect of the time structure of the production process, found, however, rela tively little attention. While up to the thirties the Austrian capital theory which stressed the time aspect of production was an important school, it fell into oblivion after the great capital controversies of the thirties. It took over thirty years, i. e. till the beginning of the seventies be fore ... Read more
Product Details
Format
Paperback
Publication date
1979
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
211
Condition
New
Series
Lecture Notes in Economics and Mathematical Systems
Number of Pages
201
Place of Publication
Berlin, Germany
ISBN
9783540091219
SKU
V9783540091219
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
Reviews for Introduction to Modern Austrian Capital Theory