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内容简介:
This study introduces 'time-specific' analysis of economic
processes. Economic processes are conventionally analysed from one
point in time to another over a series of time units - days, weeks,
or years. By contrast, these time-specific models focus on the
temporal character of events within the unit time - their timing,
duration, and sequence - utilizing the information that is lost in
the macroscopic time perspective of standard economic theory. What
time-specific analysis reveals are economic and technological
characteristics of goods and services - prices and cost behaviour
and temporal mobility or immobility within the unit time - that
affect capital productivity and its utilization, optimal schedules
of production, work, and consumption, least-cost methods of
producing time-shaped outputs, and efficient welfare-maximizing
behavior in time-specific, including peak-load, markets.
书籍目录:
1. Introduction
2. Timing, information loss, and unit time in economic
analysis
Part II. Time-specific analysis of production:
3. Modeling the time-shape of processes, technology, and
prices
Time-shaped costs: optimal scheduling of storable production
5. Time-shaped output: least-cost production of perishable
peak-load products
Part III. Applications of time-specific analysis:
6. Shephard's dilemma: duality and the process of production
7. Factor intensities, capacity, and the Leontief paradox: Part IV.
Time-specific analysis of household activities:
8. Modeling the time-shape of work and consumption: the optimal
household schedule and the value of time
9. The anatomy of household activities: goal and process
work and home production
capital and self-control
Part V. Time-specific markets: 10. A theory of time-specific
markets: generalized peak loads
11. Welfare and distortions in time-specific exchange
Part VI. Postscript:
12. Time-specific analysis of nonrhythmic events: relational
exchange and the role of repetition.
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书籍介绍
This study introduces 'time-specific' analysis of economic processes. Economic processes are conventionally analysed from one point in time to another over a series of time units - days, weeks, or years. By contrast, these time-specific models focus on the temporal character of events within the unit time - their timing, duration, and sequence - utilizing the information that is lost in the macroscopic time perspective of standard economic theory. What time-specific analysis reveals are economic and technological characteristics of goods and services - prices and cost behaviour and temporal mobility or immobility within the unit time - that affect capital productivity and its utilization, optimal schedules of production, work, and consumption, least-cost methods of producing time-shaped outputs, and efficient welfare-maximizing behavior in time-specific, including peak-load, markets.
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