Author: Philip Roy Manger
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 361
Book Description
Demand Uncertainty and the Theory of the Competitive Firm
Author: Philip Roy Manger
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 361
Book Description
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 361
Book Description
Location and the Theory of the Imperfectly Competitive Firm Under Demand Uncertainty
Location and the Theory of the Imperfectly Competitive Firm Under Demand Uncertainty
Author: Zhaocheng Mai
Publisher:
ISBN:
Category : Demand functions (Economic theory)
Languages : en
Pages : 11
Book Description
Publisher:
ISBN:
Category : Demand functions (Economic theory)
Languages : en
Pages : 11
Book Description
Competitive Firm and the Theory of Input Demand Under Price Uncertainty
On the Theory of the Competitive Firm Under Uncertainty
Author: Laurence D. Booth
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 220
Book Description
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 220
Book Description
The Theory of the Firm and Industry in a Competitive Economy with Demand Uncertainty
A Theory of the Dynamic Competitive Firm Under Uncertainty
The Theory of Price Uncertainty, Production, and Profit
Author: Clement Allan Tisdell
Publisher: Princeton University Press
ISBN: 1400876338
Category : Business & Economics
Languages : en
Pages : 208
Book Description
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 the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Publisher: Princeton University Press
ISBN: 1400876338
Category : Business & Economics
Languages : en
Pages : 208
Book Description
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 the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Risk, Uncertainty and Profit
Author: Frank H. Knight
Publisher: Cosimo, Inc.
ISBN: 1602060053
Category : Business & Economics
Languages : en
Pages : 401
Book Description
A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Publisher: Cosimo, Inc.
ISBN: 1602060053
Category : Business & Economics
Languages : en
Pages : 401
Book Description
A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.