The Economic Theory of Costs: Foundations and New Directions

The theory of costs is a cornerstone of economic thinking, and figures crucially in the study of human action and society. From the first day of a principles-level course to the most advanced academic literature, costs play a vital role in virtually all behaviors and economic outcomes. How we make choices, why we trade, and how we build institutions and social orders are all problems that can be explained in light of the costs we face.

This...

• Format: Hardcover
• Language: English
• ISBN: 1138670936
• ISBN13: 9781138670938
• Release Date: September 2017
• Publisher: Routledge
• Length: 270 Pages
• Weight: 1.27 lbs.
• Dimensions: 0.7" x 6.1" x 9.2"