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020    1-136-51820-7
020    0-415-43650-8
020    1-315-01685-0
020    1-136-51813-4
024 7  10.4324/9781315016856 |2doi
035    (CKB)2550000001131137
035    (EBL)1474444
035    (OCoLC)862049066
035    (MiAaPQ)EBC1474444
035    (Au-PeEL)EBL1474444
035    (CaPaEBR)ebr10786395
035    (CaONFJC)MIL530846
035    (OCoLC)861199812
035    (FINmELB)ELB134806
035    (EXLCZ)992550000001131137
040    MiAaPQ |beng |erda |epn |cMiAaPQ |dMiAaPQ
050  4 HB172 |b.S53 2003
082 0  161
100 1  Shackle, G. L. S. |q(George Lennox Sharman), |d1903-1992., |eauthor.
245 10 Expectation, enterprise and profit : |bthe theory of the firm / |cG.L.S. Shackle.
264  1 Oxon [England] : |bRoutledge, |c2003.
300    1 online resource (263 p.)
336    text |2rdacontent
337    computer |2rdamedia
338    online resource |2rdacarrier
440  0 Routledge library editions. |pEconomics
490 0  Keynesian & post-Keynesian economics ; |vXI
505 0  Cover; Half Title; Title Page; Copyright Page; Original Title Page; Original Copyright Page; Dedication; Table of Contents; Preface; 1. The Nature of Production; 1. The Measure of Production; 2. The Nature of Production; 3. The Means of Production; 4. The Matrix of Production; 5. The Design of Production; 6. Reason, Knowledge and Time; 7. Time-Horizon and Policy; 8. Markets and Prices; 9. The Purpose of the Firm; 10. The Firm's Production Plan; 11. The Firm and the Public Interest; 2. The Matrix of Production; 3. The Firm's Tests of Rightness; 1. Variables, Values, Vectors and Functions
505 8  2. Difference-Quotient, Derivative, Differentiation3. Three Dimensions Represented in Two Dimensions; 4. The Logic of Cheapness; 5. Scale; 6. Costs; 7. Revenue; 8. The Test of Greatest Net Revenue; 9. Overheads; 4. Investment; 1. Durability; 2. Discounting; 3. Plant Accounting; 4. The Concept of Elasticity; 5. Deferment and the Leverage of Interest-Rate Changes; 6. The Interest Elasticity of Present Values; 7. The Reservoir of Investment Projects; 8. Uncertainty, Discounting and Horizon; 9. Focus Values; 5. Expectation; 6. Interdependent Decision-making; 7. Profit and Equilibrium
505 8  1. Policy, Surprise and Decision2. Elasticities of Surprise; 3. Equilibrium and the Unknown; Index
520    G.L.S. Shackle made numerous, pioneering contributions to the study of uncertainty in economic life. This volume studies the production process, where resources must be committed to specific technological purposes long in advance of the ultimate sale of goods to the consumer. The problems of such a system rest on the durability of the instruments it uses, whose huge expense can only be recouped if they can be used for many years. Yet at the time of investment, those years of use are in the future and uncertain. <BR><BR>The firm is the essential institutional means of confronting this uncertain
504    Includes bibliographical references and index.
588    Description based on online resource; title from PDF title page (ebrary, viewed November 12, 2013).
500    First published in 1970.
650  0 Microeconomics.
776     |z0-415-31378-3
776     |z1-299-99595-0
797 2  elibro, Corp.
830  0 Routledge library editions. |pEconomics.
906    BOOK