Available Formats
The Theory of Price Uncertainty, Production, and Profit
By (Author) Clement Allan Tisdell
Princeton University Press
Princeton University Press
15th February 2016
United States
Tertiary Education
Non Fiction
Production and quality control management
338.520182
Paperback
208
Width 152mm, Height 235mm
28g
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 Neum