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Expectation, enterprise and profit : the theory of the firm
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ISBN: 0415436508 1315016850 1136518134 0415313783 1299995950 1136518207 9781136518133 9781315016856 9780415313780 0415313678 9780415436502 9781136518201 9781136518270 1136518274 Year: 2003 Publisher: Oxon [England] : Routledge,

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Abstract

G.L.S. Shackle made numerous, pioneering contributions to the study of uncertainty in economic life. This volume studies the production process, where resources must be committed to specific technological purposes long in advance of the ultimate sale of goods to the consumer. The problems of such a system rest on the durability of the instruments it uses, whose huge expense can only be recouped if they can be used for many years. Yet at the time of investment, those years of use are in the future and uncertain.

The firm is the essential institutional means of confronting this uncertain

Microeconomics
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ISBN: 019513995X 9780195139952 Year: 2003 Publisher: Oxford Oxford university press

Organizing the new industrial economy
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ISBN: 9781849502542 1849502544 0762310812 9786611026752 1281026751 0080545386 9780080545387 9780762310814 Year: 2003 Publisher: Amsterdam ; Boston : Elsevier/JAI,

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The growing use of the internet by businesses and consumers is rapidly changing the structure, conduct, and performance of different sectors of the global economy. This ten chapter volume on organizing the 'new economy' documents some of these changes, and examines the ramifications for business strategy and public policy. Chapters in this volume explain how the Internet has altered the conduct of firms competing in 'new economy' markets (such as the online market for air travel information), changed the competitive and technological structure of a host of industries, and has impacted the valuation and performance of businesses (including online-retailers). In addition, contributors to this volume document that online price dispersion is ubiquitous worldwide, quantify the value of reputation in online auction markets, and explain optimal business behavior in 'new economy' settings where network effects, product compatibility, and market dynamics are important. The breadth of topics in this volume, coupled with the expertise and diverse backgrounds of its contributors, make 'Organizing the New Industrial Economy' a unique and valuable addition to the growing literature in the area. This volume is part of Emerald's Advances in Applied Microeconomics series - an annual research volume that disseminates frontier research well in advance of journals and other outlets.

Decisions, uncertainty, and the brain : the science of neuroeconomics
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ISBN: 0262072440 0262572273 9780262273930 0262273934 058544496X 9780585444963 9780262572279 9780262072441 Year: 2003 Publisher: Cambridge, Mass. : MIT Press,

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In this provocative book, Paul Glimcher argues that economic theory may provide an alternative to the classical Cartesian model of the brain and behavior. Glimcher argues that Cartesian dualism operates from the false premise that the reflex is able to describe behavior in the real world that animals inhabit. A mathematically rich cognitive theory, he claims, could solve the most difficult problems that any environment could present, eliminating the need for dualism by eliminating the need for a reflex theory. Such a mathematically rigorous description of the neural processes that connect sensation and action, he explains, will have its roots in microeconomic theory. Economic theory allows physiologists to define both the optimal course of action that an animal might select and a mathematical route by which that optimal solution can be derived. Glimcher outlines what an economics-based cognitive model might look like and how one would begin to test it empirically. Along the way, he presents a fascinating history of neuroscience. He also discusses related questions about determinism, free will, and the stochastic nature of complex behavior.

Welfare and competition : the economics of a fully employed economy
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ISBN: 1136521771 1315016982 0415314097 0415608198 9781136521775 9780415314091 9781315016986 9781136521843 9781136521911 9780415608190 1136521844 Year: 2003 Publisher: London : Routledge,

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Dealing with general economic theory, other than employment theory, the book discusses the theory of pure and monopolistic competition - with a special emphasis upon welfare aspects. Beginning with an analysis of the consumer and of the individual firm, the main stress is nevertheless placed on the analysis of the economic system as a whole.

Pricing and equilibrium : an introduction to static and dynamic analysis
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ISBN: 0415607132 1315016443 1136506683 0415313198 1306131170 9781136506680 9781315016443 9781136506758 9781136506826 9780415313193 9780415607131 1136506756 Year: 2003 Publisher: London : Routledge,

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This volume analyses value and equilibrium. Chapters on the decisions of household and on the theory of the firm (including short and long-term planning and investment) include both static and dynamic analysis.

* Based on the enlarged sixth German edition this English edition contains many diagrams and an introduction to linear programming, as well as full treatment of the author's well-known theory of production.

European welfare production : institutional configuration and distributional outcome.
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ISBN: 1402011490 9401037574 9400709773 Year: 2003 Publisher: Boston Kluwer Academic

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European Welfare Production is of interest to researchers in quality of life research, economists and political scientists interested in welfare regimes and comparative social welfare research, and administrators in social planning and social work. The aim of this book is to identify the variation in welfare regimes (distribution of responsibilities for welfare delivery between the labour market, the family and the welfare state) and the corresponding welfare outcome at the micro level. The research agenda of this report sets out from the tradition of the "social indicator movement", and recent regime research. Combining the data on `welfare production' provides insight into the way living conditions are monitored between the labour market, welfare state and family at national level. It also provides insight into the combined `welfare efficiency' of these institutions, with special focus on distributional features.

An outline of international price theories
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ISBN: 1136515909 1299978053 131501677X 041531366X 0415607434 9781136515903 9781315016771 9780415313667 0415313554 9780415313551 9781136515972 9781136516047 9780415607438 1136515976 Year: 2003 Publisher: Oxon [England] : Routledge,

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Abstract

Covering the period 1550 - 1939, this book examines the history and development of theories of international pricing and trade.

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