000			01655nam a2200181Ia 4500
999			_c7113 _d7113
005			20220616172650.0
008			200202s9999 xx 000 0 und d
082			_a338.5 The
100			_aG. C. Archibald (ed.)
245		0	_a"Theory of the firm, selected readings/edited by G. C. Archibald"
260			_aMiddlesex
260			_bPenguin Books
260			_c1973
300			_a463 : ill
520			_a'To the professional economist these Readings are unbelievably good value for money. But they can also be recommended wholeheartedly to the amateur' Higher Education Review In this book of Readings, Professor Archibald brings together papers which représent the main work being done in the field. Key methodological as well as theoretical problems are tackled in depth. In neo-classical general equilibrium theory, firms are completely described by their production functions.. Appropriately, Part One discusses the estimation of production functions and long-run costs. In Part Two pricing and market structure are analysed assuming profit-maximization (Stigler's classic article on oligopoly and the 'kinky demand-curve' is included here). Part Three provides an exposition of the measurement and effects of monopoly. Part Four is devoted to income distribution and relative shares.. Alternatives to profit maximization, such as Baumol's sales maximization hypothesis, the behaviour of a management utility function, are examined in Part Five. The growth and size of firms are covered in Part Six. Part Seven looks at linear programming and its relation to 'conventional' economic analysis.
650			_aPrices
942			_cB _2ddc