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Opis

This study introduces 'time-specific' analysis of economic processes. Economic processes are conventionally analysed from one point in time to another over a series of time units - days, weeks, or years. By contrast, these time-specific models focus on the temporal character of events within the unit time - their timing, duration, and sequence - utilizing the information that is lost in the macroscopic time perspective of standard economic theory. What time-specific analysis reveals are economic and technological characteristics of goods and services - prices and cost behaviour and temporal mobility or immobility within the unit time - that affect capital productivity and its utilization, optimal schedules of production, work, and consumption, least-cost methods of producing time-shaped outputs, and efficient welfare-maximizing behavior in time-specific, including peak-load, markets.

Szczegóły książki

Kategoria Książki po angielsku Economics, finance, business & management Economics Economic theory & philosophy

• Pełny tytuł: Timing of Economic Activities
• Podtytuł: Firms, Households and Markets in Time-Specific Analysis
• Autor: Gordon C. Winston
• Język: Angielski
• Oprawa: Miękka
• Liczba stron: 360
• EAN: 9780521070928
• ISBN: 0521070929
• ID: 02020488
• Wydawca: Cambridge University Press
• Waga: 530 g
• Wymiary: 229 × 152 × 20 mm
• Data wydania: 28. August 2008

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