Overview
- The state-contingent approach is described in a normative context
- Good numerical examples of how the state-contingent approach works
- Provides very good explanation of the state-contingent approach
- Gives a good review of the classical approach to the theory of planning under uncertainty
- Extends production economic theory to uncertain environment
Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)
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Table of contents(9 chapters)
About this book
Authors and Affiliations
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Department of Resource Economics, University of Copenhagen, Frederiksberg C, Denmark
Svend Rasmussen
Bibliographic Information
Book Title: Optimisation of Production Under Uncertainty
Book Subtitle: The State-Contingent Approach
Authors: Svend Rasmussen
Series Title: SpringerBriefs in Economics
DOI: https://doi.org/10.1007/978-3-642-21686-2
Publisher: Springer Berlin, Heidelberg
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag GmbH Berlin Heidelberg 2011
Softcover ISBN: 978-3-642-21685-5Published: 23 July 2011
eBook ISBN: 978-3-642-21686-2Published: 23 July 2011
Series ISSN: 2191-5504
Series E-ISSN: 2191-5512
Edition Number: 1
Number of Pages: VIII, 81
Number of Illustrations: 20 b/w illustrations
Topics: Microeconomics, Operations Management, Economic Theory/Quantitative Economics/Mathematical Methods