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)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (9 chapters)
Keywords
About this book
Authors and Affiliations
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