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Item Details
Title:
PRODUCTION AND CAPITAL
By:
Kenneth J. Arrow
Format:
Hardback
List price:
£97.95
Our price:
£78.36
Discount:
20
% off
You save:
£19.59
ISBN 10:
0674137779
ISBN 13:
9780674137776
Availability:
Usually dispatched within 1-3 weeks.
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Stock:
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0
available
Publisher:
HARVARD UNIVERSITY PRESS
Pub. date:
1 July, 1985
Pages:
496
Synopsis:
Unlike the papers of some other great economists, those of Kenneth Arrow are being read and studied today with even greater care and attention than when they first appeared in the journals. The publication of his collected papers will therefore be welcomed by economists and other social scientists and in particular by graduate students, who can draw from them the deep knowledge and the discernment in selection of scientific problems that only a master can offer. The author has added headnotes to certain well-known papers, describing how he came to write them.The study of production is central to economic theory, and capital and its accumulation are two of the most interesting aspects of the modern production process. Capital may take the form of inventories of inputs, inventories of outputs, or machines and other fixed goods. The essential and unique aspect of all types of capital is that it must be accumulated as the result of prior stages of the production process. This gives the dynamic theory of production a recursive structure that can be exploited by economic analysis. The optimization of production under recursive conditions lends itself to general mathematical methods of dynamic programming and optimal control theory. This is the main theme of the essays included in this fifth volume of Kenneth Arrow's Collected Papers.
Illustrations:
14 line illustrations; 11 tables
Publication:
US
Imprint:
Harvard University Press
Returns:
Returnable
Some other items by this author:
ADVANCES IN THE SPATIAL THEORY OF VOTING
ADVANCES IN THE SPATIAL THEORY OF VOTING (HB)
ADVANCES IN THE SPATIAL THEORY OF VOTING (PB)
APPLIED ECONOMICS (HB)
APPLIED RESEARCH FOR SOCIAL POLICY (HB)
ASSETS, BELIEFS, AND EQUILIBRIA IN ECONOMIC DYNAMICS (HB)
ASSETS, BELIEFS, AND EQUILIBRIA IN ECONOMIC DYNAMICS (PB)
BARRIERS TO CONFLICT RESOLUTION (PB)
COLLECTED PAPERS OF KENNETH J ARROW - GENERAL EQUILIBRIUM V 2 (HB)
COLLECTED PAPERS OF KENNETH J ARROW - INDIVIDUAL CHOICE UNDER CERTAINTY & UNCERTAINTY V 3 (HB)
COLLECTED PAPERS OF KENNETH J ARROW - SOCIAL CHOICE & JUSTICE V 1 (HB)
COLLECTED PAPERS OF KENNETH J ARROW - THE ECONOMICS OF IMFORMATION V 4 (HB)
DISCOUNTING FOR TIME AND RISK IN ENERGY POLICY
DISCOUNTING FOR TIME AND RISK IN ENERGY POLICY
DISCOUNTING FOR TIME AND RISK IN ENERGY POLICY
DISCOUNTING FOR TIME AND RISK IN ENERGY POLICY (HB)
EDUCATION IN A RESEARCH UNIVERSITY (HB)
GENERAL COMPETITIVE ANALYSIS (HB)
HANDBOOK OF MATHEMATICAL ECONOMICS (HB)
HANDBOOK OF MATHEMATICAL ECONOMICS (HB)
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HANDBOOK OF SOCIAL CHOICE AND WELFARE (HB)
HANDBOOK OF SOCIAL CHOICE AND WELFARE (HB)
INCREASING RETURNS AND ECONOMIC ANALYSIS (HB)
INCREASING RETURNS AND ECONOMIC ANALYSIS (HB)
INTERNATIONAL PERSPECTIVES ON THE IRISH ECONOMY (HB)
ISSUES IN CONTEMPORARY ECONOMICS (HB)
KEYNES, POST-KEYNESIANISM AND POLITICAL ECONOMY (HB)
LANDMARK PAPERS IN GENERAL EQUILIBRIUM THEORY, SOCIAL CHOICE AND WELFARE SELECTED BY KENNETH J. ARROW AND GERARD DEBREU (HB)
LIVES OF THE LAUREATES (HB)
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MANAGERIAL LOGIC
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MORAL HAZARD IN HEALTH INSURANCE (HB)
ON ETHICS AND ECONOMICS
ON ETHICS AND ECONOMICS
ON ETHICS AND ECONOMICS
ON ETHICS AND ECONOMICS (HB)
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PUBLIC INVESTMENT, THE RATE OF RETURN, AND OPTIMAL FISCAL POLICY
PUBLIC INVESTMENT, THE RATE OF RETURN, AND OPTIMAL FISCAL POLICY
PUBLIC INVESTMENT, THE RATE OF RETURN, AND OPTIMAL FISCAL POLICY (HB)
SAVING LIVES, BUYING TIME (HB)
SOCIAL CHOICE AND INDIVIDUAL VALUES (PB)
SOCIAL CHOICE AND MULTICRITERION DECISION-MAKING (PB)
SOCIAL CHOICE RE-EXAMINED (HB)
SOCIAL CHOICE RE-EXAMINED (HB)
SOCIAL CHOICE RE-EXAMINED (HB)
SOCIAL CHOICE RE-EXAMINED (HB)
SPECULATION, TRADING, AND BUBBLES
SPECULATION, TRADING, AND BUBBLES (HB)
STUDIES IN RESOURCE ALLOCATION PROCESSES
STUDIES IN RESOURCE ALLOCATION PROCESSES (HB)
STUDIES IN RESOURCE ALLOCATION PROCESSES (PB)
THE ARROW IMPOSSIBILITY THEOREM
THE ARROW IMPOSSIBILITY THEOREM (HB)
THE ECONOMICS OF PUBLIC DEBT (HB)
THE ECONOMICS OF PUBLIC DEBT (PB)
THE ECONOMY AS AN EVOLVING COMPLEX SYSTEM (PB)
THE LIMITS OF ORGANIZATION (PB)
THE RATIONAL FOUNDATIONS OF ECONOMIC BEHAVIOUR
THE RATIONAL FOUNDATIONS OF ECONOMIC BEHAVIOUR (PB)
TO PROFIT OR NOT TO PROFIT
TO PROFIT OR NOT TO PROFIT (HB)
TO PROFIT OR NOT TO PROFIT (PB)
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