Free Delivery Over $100
|
|
|||
|
||||
OverviewG.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 uncertainty. Expectation, Enterprise and Profit is concerned with the nature and mode of life of the firm as a means of policy formation in the face of uncertainty. Chapters include: The Nature and Matrix of Production, Investment and Expectation, Interdependent Decision-Making and Profit and Equilibrium. Full Product DetailsAuthor: G.L.S. ShacklePublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.226kg ISBN: 9780415436502ISBN 10: 0415436508 Pages: 160 Publication Date: 13 March 2007 Audience: Professional and scholarly , General/trade , Professional & Vocational , General Format: Paperback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationG L S Shackle Tab Content 6Author Website:Countries AvailableAll regions |
||||
