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Prices And Production


Prices And Production
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Prices And Production And Otherworks


Prices And Production And Otherworks
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Author : Friedrich August von Hayek
language : en
Publisher: Bubok
Release Date : 2012-10-23

Prices And Production And Otherworks written by Friedrich August von Hayek and has been published by Bubok this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-23 with Business & Economics categories.


Economics never labels anything any more. Well, more accurately, it does; only now it hardly ever uses labels formed from people?s names. In part, this is due to the smorgasbord approach to ideas taken by economics. Like many other academic disciplines, economics ruthlessly mixes and matches, customizes and adapts, rips and mashes the most penetrating insights, the most appropriate models from all different sources, applying them to whichever economic problem is currently being addressed. In those circumstances the message gets through to the practitioner economist that it is more useful to know an idea itself, and how to apply and modify it, than to peer into its provenance or to understand how the originator of that idea thought about three or five other substantively different problems.



Prices And Production


Prices And Production
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Author : Friedrich August Hayek
language : en
Publisher:
Release Date : 1951

Prices And Production written by Friedrich August Hayek and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1951 with Currency question categories.




Prices And Production


Prices And Production
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Author : Friedrich August von Hayek
language : en
Publisher:
Release Date : 1931

Prices And Production written by Friedrich August von Hayek and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1931 with categories.




Cost Of Production And Price Over Long And Short Periods Dodo Press


Cost Of Production And Price Over Long And Short Periods Dodo Press
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Author : Frank H. Knight
language : en
Publisher:
Release Date : 2008-12-01

Cost Of Production And Price Over Long And Short Periods Dodo Press written by Frank H. Knight and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-12-01 with Business & Economics categories.


Frank Hyneman Knight (1885-1972) was an important economist of the twentieth century. He obtained a B. S. and an M. A. (the latter in German) in 1913 at the University of Tennessee. He then moved to Cornell University for doctoral studies. His initial main subject was philosophy, but he soon switched to economics. He studied with Alvin Johnson and Allyn Young, who both supervised the work on his dissertation that was completed in 1916 under the title Cost, Value and Profit. He would subsequently revise it for publication under its more familiar name Risk, Uncertainty and Profit (1921). The famously opinionated Knight used his numerous book reviews in Chicago's Journal of Political Economy as a vehicle for his thoughts on many subjects. As a result, he was embroiled in many debates with the most prominent economists of his day ranging over capital theory, welfare theory, Keynesian theory and positivist methodology. His other works include: Cost of Production and Price Over Long and Short Periods (1921) and The Ethics of Competition (1923).



Prices And Production


Prices And Production
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Author : Albrecht Ritschl
language : en
Publisher: Physica
Release Date : 2012-07-28

Prices And Production written by Albrecht Ritschl and has been published by Physica this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-07-28 with Business & Economics categories.


My original intention in writing this book was to consider evolving mar ket systems and Hayekian criteria of efficiency (see von Hayek (1931, 1945) ), and to discover those formal structures which might possibly lie at the base of economic systems capable of evolution. Much work in this field had already been done by others (see, for example, Kirzner (1975) and Nelson/Winter (1982) ), and a consensus seems to have been reached that something like system theory must be the logical point of departure for evolutionary theory in economics. But most of the previous work in this area is purely intuitive, and though there is much talk in it of systems and system theory, a precise definition of the concept of a system in this context is nowhere to be found. I had hoped to be able to sketch a working definition of pricing and production systems in a few pages and then to go on to investigate their performance within the framework of modern stability analysis. It soon became clear, however, that difficult and complex problems arise from the very outset of such an endeavor. If, for example, one speaks of dynamic systems of pricing and production, it should be made clear just how these systems differ from those portrayed in standard price theory and why that theory is inadequate for such analysis.



Cost Of Production And Price Over Long And Short Periods


Cost Of Production And Price Over Long And Short Periods
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Author : Frank H. Knight
language : en
Publisher:
Release Date : 2020-08-30

Cost Of Production And Price Over Long And Short Periods written by Frank H. Knight and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-30 with categories.


"Great difficulties are met with in stating a clear and straightforward exposition of price theory because of the fact that the given conditions or data of the problem are so different according to the length of the time period which the explanation takes into account. The forces which immediately regulate prices are different from those which ultimately control, and there are degrees or stages in both immediateness and ultimateness. The average student of economics is likely to be quite baffled by these distinctions and to get no clear ideas at all; but he is still more baffled by differences in degree, where distinctions are not sharply drawn and statements are left in the form of "it depends." This paper looks to the problem of exposition from the standpoint of the student rather than to the correction of errors in accepted doctrine, but the course of the argument will have to note cases in which current phraseology is misleading to unwary readers if it does not represent fundamental misconceptions on the part of economists themselves...."



Prices And Production


Prices And Production
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Author : Friedrich August von Hayek
language : en
Publisher:
Release Date : 1937

Prices And Production written by Friedrich August von Hayek and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1937 with categories.




Cost And Production Functions


Cost And Production Functions
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Author : R.W. Shephard
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Cost And Production Functions written by R.W. Shephard and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.


This study is the result of an interest in the economic theory of production intermittently pursued during the past three years. Over this period I have received substantial support from the Office of Naval Research, first from a personal service consulting contract directly with the Mathematics Division of the Office of Naval Research and secondly from Project N6 onr-27009 at Princeton Univer sity under the direction of Professor Oskar Morgenstern. Grateful acknowledgement is made to the ·Office of Naval Research for this support and to Professor Morgenstern, in particular, for his interest in the puolication of this research. The responsibility for errors and omissions, how ever, rests entirely upon the author. Professor G. C. Evans has given in terms of a simple total cost function, depending solely upon output rate, a treatment of certain aspects of the economic theory of production which has inherent generality and convenience of formulation. The classical approach of expressing the technology of production by means of a production function is potentially less restrictive than the use of a simple total cost function, but it has not been applied in a more general form other than to derive the familiar conditions between marginal productivities of the factors of produc tion and their market prices.



The High Cost Of Living


The High Cost Of Living
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Author : Karl Kautsky
language : en
Publisher:
Release Date : 1913

The High Cost Of Living written by Karl Kautsky and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1913 with Cost and standard of living categories.




Exchange Prices And Production In Hyper Inflation


Exchange Prices And Production In Hyper Inflation
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Author : Frank Dunstone Graham
language : en
Publisher: Ludwig von Mises Institute
Release Date : 1930

Exchange Prices And Production In Hyper Inflation written by Frank Dunstone Graham and has been published by Ludwig von Mises Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 1930 with Currency question categories.