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The Timing of Economic Activities: Firms, Households and Markets in Time-Specific Analysis - Hardcover

 
9780521247207: The Timing of Economic Activities: Firms, Households and Markets in Time-Specific Analysis

Synopsis

This study introduces 'time-specific' analysis of economic processes. Economic processes are conventionally analysed from one point in time to another over a series of time units - days, weeks, or years. By contrast, these time-specific models focus on the temporal character of events within the unit time - their timing, duration, and sequence - utilizing the information that is lost in the macroscopic time perspective of standard economic theory. What time-specific analysis reveals are economic and technological characteristics of goods and services - prices and cost behaviour and temporal mobility or immobility within the unit time - that affect capital productivity and its utilization, optimal schedules of production, work, and consumption, least-cost methods of producing time-shaped outputs, and efficient welfare-maximizing behavior in time-specific, including peak-load, markets.

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Book Description

This study introduces 'time-specific' analysis of economic processes. Economic processes are conventionally analysed from one point in time to another over a series of time units - days, weeks, or years. By contrast, these time-specific models focus on the temporal character of events within the unit time - their timing, duration, and sequence - utilizing the information that is lost in the macroscopic time perspective of standard economic theory.

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  • PublisherCambridge University Press
  • Publication date1982
  • ISBN 10 0521247209
  • ISBN 13 9780521247207
  • BindingHardcover
  • Number of pages359

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9780521070928: The Timing of Economic Activities: Firms, Households and Markets in Time-Specific Analysis

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ISBN 10: 0521247209 ISBN 13: 9780521247207
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First Edition. Fine cloth copy in an equally fine dust-wrapper. Particularly well-preserved overall; tight, bright, clean and especially sharp-cornered. Physical description : xvi, 343 pages : illustrations ; 24 cm. Subjects : Time and economic reactions. Economics Time factors. Bibliography. 1 Kg. Seller Inventory # 382082

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Winston, Gordon C
ISBN 10: 0521247209 ISBN 13: 9780521247207
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First Edition. Fine cloth copy in an equally fine dust-wrapper. Particularly well-preserved overall; tight, bright, clean and especially sharp-cornered. Physical description : xvi, 343 pages : illustrations ; 24 cm. Subjects : Time and economic reactions. Economics Time factors. Bibliography. 1 Kg. Seller Inventory # 382082

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C. Winston, Gordon:
Published by Cambridge University Press, 1982
ISBN 10: 0521247209 ISBN 13: 9780521247207
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