Optimal Decisions In Markets And Planned Economies
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Budget Sets
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Central Planning Authority
collective decision theory
comparative economic analysis
Comparative Statics Results
Consumer Surplus
Contract Curve
Demand Function
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general equilibrium models
Int
Locally Convex Topological Vector Space
Marginal Revenue Product Curve
Maximal Coalition
Maximin Strategy
microeconomic planning in socialism
Model Specification Tests
Nash Equilibrium
Non-empty Interior
OLS Estimation
Optimal Reservation Price
planned economy optimization
power sharing economics
Price Vector
Private Ownership Economy
Reservation Price
socialist firm microeconomics
Taut Plans
Unit Variable Cost
Walrasian Equilibria
Product details
- ISBN 9780367297435
- Weight: 453g
- Dimensions: 152 x 237mm
- Publication Date: 31 Oct 2022
- Publisher: Taylor & Francis Ltd
- Publication City/Country: GB
- Product Form: Paperback
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Much research into the economics of socialist planned economies has emphasized macroeconomic issues central to setting and meeting macroeconomic goals, and research on the theory of the firm in capitalist economies is not generally relevant to socialist economies. In this volume, leading economists from both East and West fill the gap in the literature by examining in critical detail many different aspects of the microeconomics of the firm in socialist economies.
Richard E. Quandt (Professor of Economics, Professor of Economics, Princeton University)
