1st Edition

Optimal Decisions In Markets And Planned Economies

By Richard Quandt, Dusan Triska Copyright 1990
348 Pages
by Routledge

348 Pages
by Routledge

332 Pages
by Routledge

Much research into the economics of socialist planned economies has emphasized macroeconomic issues central to setting and meeting macroeconomic goals, and research on the theory of the firm in capitalist economies is not generally relevant to socialist economies. In this volume, leading economists from both East and West fill the gap in the literature by examining in critical detail many... Read more
Comparative economic systems; optimization in planning; optimization in markets; collective choice and power sharing; demand, expectations and disequilibrium; strategies and general equilibrium.

Biography

Richard E. Quandt (Professor of Economics, Professor of Economics, Princeton University)