Utility and production
a theory and applications
- ISBN: 9783790814231
- Editorial: Physica-Verlag Gmbh.
- Fecha de la edición: 2003
- Lugar de la edición: Heidelberg. Alemania
- Edición número: 2ND ED
- Colección: Contributions to economics
- Encuadernación: Rústica
- Medidas: 23 cm
- Nº Pág.: 202
- Idiomas: Inglés
Papel: Rústica
44,67 €
Sin Stock. Disponible en 5/6 semanas.
This microeconomics text presents the traditional economic theories about utility and production, as well as the main alternative theories of consumer and company behaviour. It contains new theoretical functions created from specific optimisation procedures. Moreover, it details clearly the common function expression forms such as Cobb-Douglas and CES in which the theory is checked. Furthermore, it presents empirical tests and their interpretation in relation to the theory. Finally, the last chapter looks at choice made under conditions of uncertainty.
