The Timing of Economic Activities: Firms, Households and Markets in Time-Specific Analysis - Couverture souple

Winston, Gordon C.

Couverture souple

ISBN 10 : 0521070929 ISBN 13 : 9780521070928

Editeur : Cambridge University Press, 2008

Synopsis

The Timing of Economic Activities This study introduces 'time-specific' analysis of economic processes.

A propos du livre

Présentation de l'éditeur

This study introduces 'time-specific' analysis of economic processes. Economic processes are conventionally analysed from one point in time to another over a series of time units - days, weeks, or years. By contrast, these time-specific models focus on the temporal character of events within the unit time - their timing, duration, and sequence - utilizing the information that is lost in the macroscopic time perspective of standard economic theory. What time-specific analysis reveals are economic and technological characteristics of goods and services - prices and cost behaviour and temporal mobility or immobility within the unit time - that affect capital productivity and its utilization, optimal schedules of production, work, and consumption, least-cost methods of producing time-shaped outputs, and efficient welfare-maximizing behavior in time-specific, including peak-load, markets.

À propos de cette édition

• Éditeur: Cambridge University Press
• Date d'édition: 2008
• ISBN 10: 0521070929
• ISBN 13: 9780521070928
• Reliure: Broché
• Numéro d'édition: 1
• Nombre de pages: 360