The Economics of Imperfect Knowledge: Collected Papers of G.B. Richardson (Economists of the Twentieth Century series) - Image 1

£105.00

Edward Elgar Publishing The Economics of Imperfect Knowledge: Collected Papers of G.B. Richardson (Economists of the Twentieth Century series)

Name: The Economics of Imperfect Knowledge: Collected Papers of G.B. Richardson (Economists of the Twentieth Century series)
Brand: Edward Elgar Publishing
Price: 105.0 GBP
Availability: InStock

Business & Economic History

It has never been this cheap. We have no record of a lower price.

£105 today · cheaper than every other day in the last 3 months

NEW HERE?

Amazon shows you one price. We show you all of them.

Tosheroon watches Amazon prices so you don't have to. Every product on Amazon has a price history — we make it visible. Set the price you'd actually pay, and we'll email you the second it gets there. No app, no account, one email.

WHAT'S ON THIS PAGE

↓ Price chart
when this has been cheap or pricey

↓ Forecast
where the price is heading next

↓ Statistics
all-time high & low, recent range

↑ Price alert
name your number, we'll email you

Price History & Forecast

Grey patches = out of stock. Cheaper = lower on the chart. Hover for exact prices.

Last 71 days · 71 data points (no recent data)

Historical

Generating forecast…

Price Distribution

Price distribution over 71 days • 1 price levels

Days at Price

Price Analysis

Most common price: £105 (71 days, 100.0%)

Price range: £105 - £105

Price levels: 1 different prices over 71 days

Description

The central theme of this important book is that the knowledge on which business decisions are taken is limited and uncertain, and that the availability of this knowledge is affected by the nature of the market structure in place. G.B. Richardson argues that the accepted theoretical models of market economies are generally based on assumptions about the knowledge possessed by economic agents which are ill-specified and unrealistic. As a result these models fail to explain properly how the economy really works. He examines the availability to firms of the information they need, as a function of the market structure within which they operate. Neglect of this relationship, he maintains, has rendered invalid the currently prevailing accounts of how markets allocate resources, and new criteria are proposed for judging the efficiency of alternative market forms. The book offers a fresh analysis of competition and cooperation between firms and of the process of innovation. The Economics of Imperfect Knowledge will be welcomed by those interested in microeconomic theory, industrial organization and competition policy. Review 'Though most of G.B. Richardson's writings are from the period 1953-1972, their relevance to modern economics is of enormous significance. They deserve to be read by a wide audience, ranging from those who teach the basics of supply and demand, through to industrial economists, those who work on competition policy, and anyone involved in the economics of transition (a process which would have been far less painful if more informed by Richardson's ideas). Taken together, Richardson's writings form a remarkably coherent and constructive critique of the conventional wisdom on how market processes work. The whole picture is best grasped by following his own gradual process of enlightenment and this collection is a wonderfully convenient tool for doing this, not least of all because of the delightful introduction in which Richardson reflects on how his thinking has evolved.' -- Peter E. Earl, Lincoln University, New Zealand About the Author G.B. Richardson, formerly Chief Executive of Oxford University Press and Warden of Keble College, Oxford, UK

Product Specifications

Brand: Edward Elgar Publishing
Format: hardcover
ASIN: 1858988497
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 26 August 1998
Listed Since: 15 December 2006

Barcode

No barcode data available

Edward Elgar Publishing The Economics of Imperfect Knowledge: Collected Papers of G.B. Richardson (Economists of the Twentieth Century series)

It has never been this cheap. We have no record of a lower price.

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Market Development in China: Spillovers, Growth and Inequality (Advances in Chinese Economic Studies series)

China's Regional Economic Development: A Case Study Of Wenzhou: 6 (Wspc-zjup Series On China's Regional Development)

Globalization, Population, and Regional Growth in the Knowledge-Based Economy: 43 (New Frontiers in Regional Science: Asian Perspectives, 43)

Economics Journals and Serials: An Analytical Guide (Annotated Bibliographies of Serials: A Subject Approach)

Pluralist Readings in Economics: Key concepts and policy tools for the 21st century

Routledge Chinese Economists on Economic Reform - Ma Hong

The Political Economy of Modern Britain

Edward Elgar Multinational Enterprises and Innovation Book

Modern Political Economy: A New Coursebook

Rethinking Regional Innovation and Change: Path Dependency or Regional Breakthrough: 30 (Economics of Science, Technology and Innovation, 30)

Two Decades of Market Reform in India: Some Dissenting Views (India and Asia in the Global Economy)

Advances in Mathematical Economics Volume 11

Springer Industry 4.0: Industrial Revolution of the 21st Century

China’s Economy: Towards 2049

Servitization, IT-ization and Innovation Models: Two-Stage Industrial Cluster Theory

Platform Strategy for Global Markets: Strategic Use of Open Standards and Management of Business Ecosystems

Platform Strategy for Global Markets: Strategic Use of Open Standards and Management of Business Ecosystems

Advances in Mathematical Economics Volume 11

Multicriteria and Multiagent Decision Making with Applications to Economics and Social Sciences: 305 (Studies in Fuzziness and Soft Computing, 305)

Macroeconomic Policy Regimes in Western Industrial Countries: 137 (Routledge Frontiers of Political Economy)

Case Studies on Modern European Economy: Entrepreneurship, Inventions, and Institutions

Routledge Competitiveness and Economic Development in Europe

Principles of Economics: An Incentives- and Examples-Based Approach to the Consequences of Economic Decisions

China's Regional Development: Review and Prospect