Uncertainty, production, choice, and agency: the state-contingent approach
Auteur :
Chambers, Robert G. / Quiggin, John
Éditeur :
Cambridge University Press
ISBN :
9780521785235
Date de publication :
18 sept. 2000
Dimensions :
22,9 x 15,2 x 2,2 cm
Poids :
570 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Demonstrates that the state-contingent approach provides the best way to consider all problems in the economics of uncertainty, including consumer choice, the theory of the firm, and principal agent relationships. The authors show that dual methods apply under uncertainty and that the dual representations can be developed for stochastic technologies.