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The Theory of Price Uncertainty, Production, and Profit
part of the Princeton Legacy Library series
- Binding:
- Paperback
- Pages:
- 208
- Published:
- December 7, 2015
- Dimensions:
- 154x236x15 mm.
- Weight:
- 326 g.
In stock
Delivery:
3-5 business days
Expected delivery: September 25, 2025
Description of The Theory of Price Uncertainty, Production, and Profit
Firms and farmers, under pure competition, must make production decisions in the face of price uncertainty. The author has integrated diverse theories of behavior under uncertainty to provide a new framework for his mathematical analysis of the impact of price uncertainty on the behavior of the firm. Drawing upon the work of Knight, Hicks, von Neum
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