The Theory of Price Uncertainty, Production, and Profit
€42.90
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Product Information
| ISBN | 9780691622224 |
|---|---|
| Publisher | Princeton University Press |
| Price (excl. tax) | €40.47 |
| Tax | €2.43 |
| Price (incl. tax) | €42.90 |
| Availability | 1 unit in external warehouse |
Product 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 Neum