Uncertainty, Production, Choice, and Agency

John (Australian National University, Canberra) Quiggin, Robert G. (University of Maryland, College Park) Chambers

Cambridge University Press, 2000

110,50 €On orderDelivery: 2-3 weeks

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.

ISBN-13
9780521622448
ISBN-10
0521622441
Publisher
Cambridge University Press
Year
2000
Publication date
2000-09-25
Pages
390
Dimensions
229x152x25
Weight
661