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136 pages • missing pub info (view editions)
ISBN/UID: 9780521119764
Format: Paperback
Language: English
Publisher: Cambridge University Press
Edition Pub Date: Not specified
Description
These two lectures explore how time is modeled in theoretical analyses of individual industries and of the entire economy. The atemporal Marshallian model is contrasted with an explicit time model with uncertainty about costs at the firm level. Th...
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136 pages • missing pub info (view editions)
ISBN/UID: 9780521119764
Format: Paperback
Language: English
Publisher: Cambridge University Press
Edition Pub Date: Not specified
Description
These two lectures explore how time is modeled in theoretical analyses of individual industries and of the entire economy. The atemporal Marshallian model is contrasted with an explicit time model with uncertainty about costs at the firm level. Th...