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136 pages • missing pub info (editions)
ISBN/UID: 9780521462891
Format: Hardcover
Language: English
Publisher: Cambridge University Press
Publication date: 06 October 1994
Description
These two lectures explore how time is modeled in theoretical analyses of individual industries and of the entire economy. The atemporal Marshallian model is contrasted with an explicit time model with uncertainty about costs at the firm level. Th...
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136 pages • missing pub info (editions)
ISBN/UID: 9780521462891
Format: Hardcover
Language: English
Publisher: Cambridge University Press
Publication date: 06 October 1994
Description
These two lectures explore how time is modeled in theoretical analyses of individual industries and of the entire economy. The atemporal Marshallian model is contrasted with an explicit time model with uncertainty about costs at the firm level. Th...