Production and Capital
By (author) Kenneth J. Arrow
Normal Price: $186.00
Your Price: $167.40 AUD, inc. GST
Shipping: $7.95 per order
You Save: $18.60! (10% off normal price)
Plus...earn $8.37 in Boomerang Bucks
Availability: Available to Backorder, No Due Date for Supply
Production and Capital by Kenneth J. Arrow
Book DescriptionUnlike the papers of some other great economists, those of Kenneth Arrow are being read and studied today with even greater care and attention than when they first appeared in the journals. The publication of his collected papers will therefore be welcomed by economists and other social scientists and in particular by graduate students, who can draw from them the deep knowledge and the discernment in selection of scientific problems that only a master can offer. The author has added headnotes to certain well-known papers, describing how he came to write them.The study of production is central to economic theory, and capital and its accumulation are two of the most interesting aspects of the modern production process. Capital may take the form of inventories of inputs, inventories of outputs, or machines and other fixed goods. The essential and unique aspect of all types of capital is that it must be accumulated as the result of prior stages of the production process. This gives the dynamic theory of production a recursive structure that can be exploited by economic analysis. The optimization of production under recursive conditions lends itself to general mathematical methods of dynamic programming and optimal control theory. This is the main theme of the essays included in this fifth volume of Kenneth Arrow's "Collected Papers."
Buy Production and Capital book by Kenneth J. Arrow from Australia's Online Bookstore, Boomerang Books.
Book DetailsISBN: 9780674137776
(235mm x 155mm x 45mm)
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 1-Jul-1985
Country of Publication: United States
Books By Author Kenneth J. Arrow
Social Choice and Individual Values, Paperback (July 2012)» View all books by Kenneth J. Arrow
Introduces Arrow's Impossibility Theorem and founded the field of social choice theory in economics and political science.
» Have you read this book? We'd like to know what you think about it - write a review about Production and Capital book by Kenneth J. Arrow and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a member - it's free to sign up!)
Author Biography - Kenneth J. Arrow
A past president of the American Economic Association, Kenneth J. Arrow was awarded the Nobel Memorial Prize in Economic Science in 1972.
Bestselling Books: Our Current Bestsellers | Australia's Hottest 1000 Books | Bestselling Fiction | Bestselling Crime Mysteries and Thrillers | Bestselling Non Fiction Books | Bestselling Sport Books | Bestselling Gardening and Handicrafts Books | Bestselling Biographies | Bestselling Food and Drink | Bestselling History | Bestselling Travel Books | Bestselling School Textbooks & Study Guides | Bestselling Children's General Non-Fiction | Bestselling Young Adult Fiction | Bestselling Children's Fiction | Bestselling Picture Books | Top 100 US Bestsellers
Phone: 1300 36 33 32 (9am-2pm Mon-Fri AEST) - International: +61 2 9960 7998 - Online Form
Address: Boomerang Books, 878 Military Road, Mosman Junction, NSW, 2088
© 2003-2016. All Rights Reserved. Eclipse Commerce Pty Ltd - ACN: 122 110 687 - ABN: 49 122 110 687
For every $20 you spend on books, you will receive $1 in Boomerang Bucks loyalty dollars. You can use your Boomerang Bucks as a credit towards a future purchase from Boomerang Books. Note that you must be a Member (free to sign up) and that conditions do apply.