Utility and production, theory and applications
Material type:
- 3790814237
- 338
Item type | Current library | Item location | Shelving location | Call number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|---|
Books | Vikram Sarabhai Library | Rack 21-B / Slot 829 (0 Floor, East Wing) | General Stacks | 338 C6U8 (Browse shelf(Opens below)) | Available | 159669 |
This microeconomics text presents the traditional economic theories about utility and production, as well as the main alternative theories of consumer and company behaviour. It contains new theoretical functions created from specific optimisation procedures. Moreover, it details clearly the common function expression forms such as Cobb-Douglas and CES in which the theory is checked. Furthermore, it presents empirical tests and their interpretation in relation to the theory. Finally, the last chapter looks at choice made under conditions of uncertainty
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