Product Description: This book introduces economic theory by concentrating on some of the most important matters with which theory deals. Beginning by developing the general criteria of efficiency in the allocation of resources between alternative uses, the book then illustrates how efficient allocation can be promoted directly, by state planning, or indirectly by private enterprise...read more

Product Description: G.B. Richardson's writings, although from 1953 to 1972, are still very relevant to modern economics. The central theme of this book of his papers is that the knowledge upon which business decisions are taken is limited and uncertain and that the availability of it is affected by market structure...read more (view table of contents, read Amazon.com's description)

Product Description: The work of G.B. Richardson has given insights into key issues and debates such as markets versus hierarchies, price stability, the economics of information and the concept of competition based upon differentiated firms.This collection encourages further development of Richardson's themes...read more (view table of contents, read Amazon.com's description)

Product Description: This book, first published in 1960 and now updated, offers a theoretical examination of the effects on investment of uncertainty resulting from inadequate information. The author investigates the limitations of the theory of distribution, and the misrepresentations which have been the result of too great a dependence upon the classical mode of competitive equilibrium...read more (view table of contents, read Amazon.com's description)