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The theory of the firm has recently undergone a dramatic transformation, drawing heavily on the pathbreaking work of Armen Alchian. This volume explores his contribution to the debate, including essays by Harold Demetz, Ben Klein, Jerry Jordan and Art Devany.

Uncertainty. --- Risk. --- Economics. --- Alchian, Armen Albert, --- Economic theory --- Political economy --- Social sciences --- Economic man --- Economics --- Uncertainty --- Probabilities --- Profit --- Risk-return relationships --- Reasoning --- Alchian, Armen A. --- Alchian, A. A. --- Alchian, Armen,