Utility and production : theory and applications / Pablo Coto-Millán.

Format:

Book

Author/Creator:

Coto-Millán, Pablo, 1957-

Series:

Contributions to economics 1431-1933

Contributions to economics, 1431-1933

Language:

English

Subjects (All):

Utility theory.

Production (Economic theory).

Physical Description:

xii, 202 pages : illustrations ; 24 cm.

Edition:

Second edition.

Place of Publication:

Heidelberg ; New York : Physica-Verlag, [2003]

Summary:

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.

Notes:

"With 26 figures and 13 tables."

Includes bibliographical references.

ISBN:

3790814237

OCLC:

50516539