Cover image for Funds, Flows and Time An Alternative Approach to the Microeconomic Analysis of Productive Activities
Title:
Funds, Flows and Time An Alternative Approach to the Microeconomic Analysis of Productive Activities
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Publication Information:
Berlin, Heidelberg : Springer-Verlag Berlin Heidelberg, 2007.
ISBN:
9783540712916
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EB000759 EB 000759 Electronic Book 1:EBOOK
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Summary

Summary

This book sheds new light on long-established concepts of microeconomic production theory and combines general theoretical analysis with references to management tools. It deals with concepts of microeconomic production theory, using the fund-flow model of Nicholas Georgescu-Roegen as a basic reference. This long-neglected model allows for a representation of productive operations that can easily be accommodated to empirical application.