Expectation, Enterprise and Profit: The Theory of the Firm

by G.L.S. Shackle

Book Overview

Production is a complex system of interdependent activities, necessary to the system as a whole, which itself depends on the continuance of each individual activity that composes it. In such a system, resources must be committed to specific technological purposes long in advance to the ultimate sale of goods to the consumer.

The success of such an enterprise system rests on the durability of the instruments it uses. These are so complex,...

• Format: Paperback
• Language: English
• ISBN: 0202309495
• ISBN13: 9780202309491
• Release Date: July 2007
• Publisher: Routledge
• Length: 156 Pages
• Weight: 0.60 lbs.
• Dimensions: 0.4" x 6.3" x 9.1"