Information and Investment

Name: Information and Investment
Author: G. B. (Warden, Warden, Keble College, Oxford) Richardson

A Study in the Working of the Competitive Economy

Specificaties

Gebonden, 292 blz. | Engels

| e druk, 1991

ISBN13: 9780198287285

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e druk, 1991 9780198287285

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Samenvatting

This book was first published in 1960. It addressed issues of fundamental importance in economic analysis. The questions it raised are if anything, more central to the concerns of economists than they were on first publication. It is reissued with the addition of two of Richardson's subsequent papers which are of particular relevance: a new introduction by Richardson, and a preface.

Specificaties

ISBN13:9780198287285

Taal:Engels

Bindwijze:Gebonden

Aantal pagina's:292

Hoofdrubriek:Economie

Inhoudsopgave

Foreword; Introduction; Part I. The Theory of Perfect Competition: The tendency to equilibrium; The availability of market information; Part II. Information and adjustment: The co-ordination of competitive investments; The co-ordination of complementary investments; The scale of investments; The assortment of production; Competition, selection and market discipline; Part III. The Influence of Uncertainty: The need for adaptability; Attitudes towards risk; Risk and welfare: I. Private and social profitability; Risk and welfare: II. Consolidation and public ownership; Annexe I: The organization of industry; Annexe II: Planning versus competition; Index