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£125.00
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Routledge Cost, Uncertainty and Welfare: Frank Knight's Theory
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Price distribution over 67 days • 1 price levels
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Most common price: £125 (67 days, 100.0%)
Price range: £125 - £125
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Description
Key Features
Routledge Revival edition restores this 1998 classic work examining Frank Knight's economic theory and its lasting influence on modern competition models.
The book develops Knight's central argument that uncertainty-control costs diminish for larger firms, creating sustainable economic rent through market dominance.
Traces the intellectual lineage from Knight's uncertainty theory to Chamberlin's monopolistic competition thesis, clarifying fundamental differences in their approaches.
Offers comprehensive cost analysis framework that unlocks the broader Knightian corpus and reshapes understanding of economic welfare under uncertainty.
Product Specifications
- Brand
- Routledge
- Format
- hardcover
- ASIN
- 1138611174
- Domain
- Amazon UK
- Release Date
- 12 December 2018
- Listed Since
- 15 July 2018
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