Risk, uncertainty and profit / Frank H. Knight ; with an introduction by by George J. Stigler.

By: Contributor(s): Material type: TextTextPublication details: Chicago, London : University of Chicago Press, 1971Description: xiv, 381 pages ; 21 cmISBN:
  • 0226446905
Subject(s): DDC classification:
  • 338.5
LOC classification:
  • HB 601 .K7 1971
Online resources:
Partial contents:
Part one, Introductory : Chapter I. The place of profit and uncertainty in economic theory -- Chapter II. Theories of profit; change and risk in relation to profit.
Part two, Perfect competition : Chapter III. The theory of choice and of exchange -- Chapter IV. Joint production and capitalization -- Chapter V. Change and progress with uncertainty absent -- Chapter VI. Minor prerequisites for perfect competition.
Part three, Imperfect competition through risk and uncertainty : Chapter VII. The meaning of risk and uncertainty -- Chapter VIII. Structures and methods for meeting uncertainty -- Chapter IX. Enterprise and profit -- Chapter X. Enterprise and profit (continued): the salaried manager -- Chapter XI. Uncertainty and social progress -- Chapter XII. Social aspects of uncertainty and profit.
Summary: "[This book] represents an attempt to state the essential principles of the conventional economic doctrine more accurately, and to show their implications more clearly, than has previously been done... The 'practical' justification for the study of general economics is a belief in the possibility of improving the quality of human life through changes in the form of organization of want-satisfying activity." -- From the preface.
List(s) this item appears in: Cataloged books (Erica)
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Holdings
Item type Current library Collection Call number Status Date due Barcode
BOOKS BOOKS Niebyl-Proctor Marxist Library General Stacks The Karl H. Niebyl Collection HB 601 .K7 1971 (Browse shelf(Opens below)) Not For Loan NPML20010023
Browsing Niebyl-Proctor Marxist Library shelves, Shelving location: General Stacks, Collection: The Karl H. Niebyl Collection Close shelf browser (Hides shelf browser)
HB 501 .L5 1939 Studies in the theory of money and capital / HB 501 .M313513 1975 Late capitalism / HB 501 .S97 1953 The present as history : HB 601 .K7 1971 Risk, uncertainty and profit / HB 601 .O23 1983 Profit theory and capitalism / HB 601 .P63 1946 Income: an introduction to economics/ HB 881 .B67 1954 Population /

Originally published in 1921 by Houghton Mifflin Company.

Includes index.

Part one, Introductory : Chapter I. The place of profit and uncertainty in economic theory -- Chapter II. Theories of profit; change and risk in relation to profit.

Part two, Perfect competition : Chapter III. The theory of choice and of exchange -- Chapter IV. Joint production and capitalization -- Chapter V. Change and progress with uncertainty absent -- Chapter VI. Minor prerequisites for perfect competition.

Part three, Imperfect competition through risk and uncertainty : Chapter VII. The meaning of risk and uncertainty -- Chapter VIII. Structures and methods for meeting uncertainty -- Chapter IX. Enterprise and profit -- Chapter X. Enterprise and profit (continued): the salaried manager -- Chapter XI. Uncertainty and social progress -- Chapter XII. Social aspects of uncertainty and profit.

"[This book] represents an attempt to state the essential principles of the conventional economic doctrine more accurately, and to show their implications more clearly, than has previously been done... The 'practical' justification for the study of general economics is a belief in the possibility of improving the quality of human life through changes in the form of organization of want-satisfying activity." -- From the preface.

Donation from Karl and Elizabeth Niebyl.

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