Destabilizing Impacts of Price and Quantity Adjustments to Relative Supply and Demand Classic Reprint
Language: English
Published by Forgotten Books, 2018
- Softcover
- New
Seller: PBShop.store UK, Fairford, GLOS, United KingdomPBShop.store UK
AbeBooks seller since June 11, 1999
Condition: New
US$ 28.10
Quantity: 15 available
Add to basketItem description from seller
New Book. Shipped from UK. Established seller since 2000.
Seller Inventory # LW-9781330741788
- Title
- Destabilizing Impacts of Price and Quantity Adjustments to Relative Supply and Demand Classic Reprint
- Author
- Nathaniel J. Mass
- Publisher
- Forgotten Books
- Publication year
- 2018
- Condition
- New
- Binding
- PAP
- Language
- English
- ISBN 10
- 1330741781
- ISBN 13
- 9781330741788
- Item weight
- 132 grams
Destabilizing the assumption of smooth markets: understand how price and quantity adjustments can sustain cycles and disequilibrium.
This non-fiction study examines how real firms manage stocks like inventories and backlogs, and how those stock dynamics can keep markets away from simple, knee-jerk equilibrium. It argues that traditional equilibrium analysis may miss the persistent fluctuations seen in production and pricing when delays and stock‑level decisions are included. The book blends theoretical modeling with computer simulations to illustrate how price feedbacks and stock management shape business cycles.
- How inventories and backlogs influence production decisions and the path toward or away from balance
- Why purely price- or quantity-driven models can miss sustained oscillations in the real world
- How feedbacks between price, delivery delay, and order rates can destabilize output and profits
- What this means for interpreting economic policy and for teaching dynamic analysis in economics
"Synopsis" may belong to another edition of this title.
PBShop.store UK
Fairford, GLOS, United Kingdom
AbeBooks seller since June 11, 1999
Shipping rates from United Kingdom to U.S.A.
| Item | 10 to 20 business days | 10 to 20 business days |
|---|---|---|
| First item | US$ 4.41 | US$ 4.41 |
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Hardbacks, PaperbacksSeller's business information
Pbshop.co.uk
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Fairford, United Kingdom GL7 4BX
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