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The Timing of Economic Activities: Firms, Households and Markets in Time-Specific Analysis.
・ISBN 978-0-521-07092-8 paper GB£ 38.00
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お気に入り
★★★
| 著者・編者 | Winston, Gordon C., |
|---|---|
| 出版社 | (Cambridge University Press, UK) |
| 出版年月 | 2008 |
| ページ数 | 360 pp. |
| 言語 | ENG |
| ニュース番号 | ＜A03-14669＞ |
解説
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.