Production and decision theory under uncertainty

著者

書誌事項

Production and decision theory under uncertainty

Karl Aiginger

B. Blackwell, 1987

大学図書館所蔵 件 / 全57件

この図書・雑誌をさがす

注記

Bibliography: p. [199]-211

Includes index

内容説明・目次

内容説明

Theoretical research in the area of production and decision theory is often guided by the mathematical elegance of the problem, such as the existence and uniqueness of a solution or the availability of a theorem for solving the problem. In contrast, this book screens and develops the theory according to its potential applicability to real world issues. The analysis focuses particularly on the question of whether firms produce and invest more, the same or less under conditions of uncertainty. Four theoretic approaches are derived to assess the impact of uncertainty on production - risk attitude, cost and demand conditions, asymmetric costs of disequilibria, and asymmetries in the upward and downward flexibility of preliminary decisions.

目次

  • Part 1 Introduction: the impact of uncertainty - a theoretical topic of high relevance for real world behaviour. Part 2 Theoretical: interpreting reported expectations as optimal decisions (actions) under uncertainty
  • expected utility maximization and its alternatives
  • general propositions on the influence of uncertainty on optimal decisions
  • the theory of firms under uncertainty (one period models for optimal output or price decisions)
  • inventory models under uncertainty
  • the impact of uncertainty on the optimal choice of inputs
  • ex-post flexibility of production decisions
  • summing up the results of the theoretical models
  • decision theory and empirical evidence. Part 3 Empirical information on the relevance of the models and on the range of critical parameters: empirical evidence on the function of inventories (and order backlogs) under uncertainty
  • empirical evidence on whether prices are an action variable, a random variable or a relatively "stable" exogenous variable
  • towards a realistic description of the decision process in modern industrial society
  • the main findings of the book.

「Nielsen BookData」 より

詳細情報

ページトップへ