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Synopsis
During the fifties and the sixties the neoclassical concept of the production function was criticized in numerous papers. In particular, the aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely the neglect of the time structure of the production process, found, however, rela- tively little attention. While up to the thirties the Austrian capital theory which stressed the time aspect of production was an important school, it fell into oblivion after the great capital controversies of the thirties. It took over thirty years, i. e. till the beginning of the seventies be- fore it came to a renaissance of the Austrian capital theory by var- ious writers. We may roughly classify the different attempts of Hits rebirth in modern economics" into three groups: 1. The approach of [1970, 1973, 1973a] has received most of the attention in the literature (Burmeister [1974], Faber [1975], Fehl [1975], [1975], Hagemann and [1976]). It will be shown in Chapter 9 that is only in so far a Neo-Austrian as he does explicitly take into consideration the vertical time structure of the production process. But he does not use the Austrian concepts of superiority of roundabout methods, of time preference and of the period of production. 2. The latter concept has been revived by the second group, to which Tintner [1970], von Weizs cker [1971a, 1971b, 1974], [1971, 1976 and [1973, 1975, 1976] belong.
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Introduction to modern Austrian capital theory.
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Introduction to Modern Austrian Capital Theory Lecture Notes in Economics and Mathematical Systems, Band 167
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Introduction to Modern Austrian Capital Theory
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Springer Berlin Heidelberg, 1979
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Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. During the fifties and the sixties the neoclassical concept of the production function was criticized in numerous papers. In particular, the aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely. N° de réf. du vendeur 4880346
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Introduction to Modern Austrian Capital Theory
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Paperback. Etat : Very Good-. Etat de la jaquette : No Dust Jacket. Library stamps and marks, residue from library binder removal along spine, slip residue on front cover, light tone, otherwise light wear. Solid trade paperback.; "In this book we focus on the second main problem of Austrian capital theory, the existence of a positive rate of interest." ; Lecture Notes In Economics And Mathematical Systems, 167; Ex-Library; Vol. 167; 211 pages. N° de réf. du vendeur 8663
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Introduction to Modern Austrian Capital Theory
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Taschenbuch. Etat : Neu. Druck auf Anfrage Neuware - Printed after ordering - During the fifties and the sixties the neoclassical concept of the production function was criticized in numerous papers. In particular, the aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely the neglect of the time structure of the production process, found, however, rela tively little attention. While up to the thirties the Austrian capital theory which stressed the time aspect of production was an important school, it fell into oblivion after the great capital controversies of the thirties. It took over thirty years, i. e. till the beginning of the seventies be fore it came to a renaissance of the Austrian capital theory by var ious writers. We may roughly classify the different attempts of Hits rebirth in modern economics' into three groups: 1. The approach of ~ [1970, 1973, 1973a] has received most of the attention in the literature (Burmeister [1974], Faber [1975], Fehl [1975], ~[1975], Hagemann and ~ [1976]). It will be shown in Chapter 9 that ~ is only in so far a Neo-Austrian as he does explicitly take into consideration the vertical time structure of the production process. But he does not use the Austrian concepts of superiority of roundabout methods, of time preference and of the period of production. 2. The latter concept has been revived by the second group, to which Tintner [1970], von Weizs~cker [1971a, 1971b, 1974], ~ [1971, 1976 and ~ [1973, 1975, 1976] belong. N° de réf. du vendeur 9783540091219
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Introduction to Modern Austrian Capital Theory
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Springer Berlin Heidelberg Mrz 1979, 1979
ISBN 10 : 3540091211
ISBN 13 : 9783540091219
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Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -During the fifties and the sixties the neoclassical concept of the production function was criticized in numerous papers. In particular, the aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely the neglect of the time structure of the production process, found, however, rela tively little attention. While up to the thirties the Austrian capital theory which stressed the time aspect of production was an important school, it fell into oblivion after the great capital controversies of the thirties. It took over thirty years, i. e. till the beginning of the seventies be fore it came to a renaissance of the Austrian capital theory by var ious writers. We may roughly classify the different attempts of Hits rebirth in modern economics' into three groups: 1. The approach of ~ [1970, 1973, 1973a] has received most of the attention in the literature (Burmeister [1974], Faber [1975], Fehl [1975], ~[1975], Hagemann and ~ [1976]). It will be shown in Chapter 9 that ~ is only in so far a Neo-Austrian as he does explicitly take into consideration the vertical time structure of the production process. But he does not use the Austrian concepts of superiority of roundabout methods, of time preference and of the period of production. 2. The latter concept has been revived by the second group, to which Tintner [1970], von Weizs~cker [1971a, 1971b, 1974], ~ [1971, 1976 and ~ [1973, 1975, 1976] belong. 212 pp. Englisch. N° de réf. du vendeur 9783540091219
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Introduction to Modern Austrian Capital Theory (Lecture Notes in Economics and Mathematical Systems, 167)
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Introduction to Modern Austrian Capital Theory
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Introduction to Modern Austrian Capital Theory
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Springer Berlin Heidelberg, Springer Berlin Heidelberg Mär 1979, 1979
ISBN 10 : 3540091211
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Taschenbuch. Etat : Neu. Neuware -During the fifties and the sixties the neoclassical concept of the production function was criticized in numerous papers. In particular, the aggregation of different capital goods into a single number was reprehended. A second essential disadvantage, namely the neglect of the time structure of the production process, found, however, rela tively little attention. While up to the thirties the Austrian capital theory which stressed the time aspect of production was an important school, it fell into oblivion after the great capital controversies of the thirties. It took over thirty years, i. e. till the beginning of the seventies be fore it came to a renaissance of the Austrian capital theory by var ious writers. We may roughly classify the different attempts of Hits rebirth in modern economics' into three groups: 1. The approach of ~ [1970, 1973, 1973a] has received most of the attention in the literature (Burmeister [1974], Faber [1975], Fehl [1975], ~[1975], Hagemann and ~ [1976]). It will be shown in Chapter 9 that ~ is only in so far a Neo-Austrian as he does explicitly take into consideration the vertical time structure of the production process. But he does not use the Austrian concepts of superiority of roundabout methods, of time preference and of the period of production. 2. The latter concept has been revived by the second group, to which Tintner [1970], von Weizs~cker [1971a, 1971b, 1974], ~ [1971, 1976 and ~ [1973, 1975, 1976] belong.Springer Verlag GmbH, Tiergartenstr. 17, 69121 Heidelberg 212 pp. Englisch. N° de réf. du vendeur 9783540091219
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Introduction to Modern Austrian Capital Theory (Lecture Notes in Economics and Mathematical Systems, 167)
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