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The Theory Of Price Uncertainty Produc
Clement Allen Tisdell
€ 114.89
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Description for The Theory Of Price Uncertainty Produc
Hardback. Series: Princeton Legacy Library. Num Pages: 208 pages, black & white illustrations. BIC Classification: KC. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 235 x 155 x 13. Weight in Grams: 457.
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. ... Read more
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. ... Read more
Product Details
Format
Hardback
Publication date
2017
Publisher
Princeton University Press United States
Number of pages
208
Condition
New
Series
Princeton Legacy Library
Number of Pages
208
Place of Publication
New Jersey, United States
ISBN
9780691649023
SKU
V9780691649023
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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