Warianty tytułu
Making Decisions on Consumption and Production Quantity under Uncertainty
Języki publikacji
Abstrakty
Autor przedstawia teorię podejmowania decyzji w warunkach niedoskonałej wiedzy. Omawia zachowania konsumenta, drobnego oferenta i oferenta monopolisty w warunkach niepewności.
Imperfect knowledge of economic subject about the market environment results in the necessity of making decisions on production and/or consumption quantity in a different way as compared to the perfect knowledge situation. The paper is the analysis of economic behavior under the uncertainty which means that an economic subject has the knowledge on all the possible states of the environment but not on the probability distribution of their occurrence. It is a more realistic approach towards most economic activities as that assuming the transformation of uncertainty into risk which implies the perfect knowledge of a subject on the distribution concerned. The analysis concerns the market behavior of atomistic consumer and producer faced with the necessity of adapting their decisions to exogenous market prices. For all the cases under examination, the assumption has been made that the economic subjects are pesimists. It results in reducing possible profits by producers and benefits (utility) by consumers.(original abstract)
Czasopismo
Rocznik
Tom
Numer
Strony
65--76
Opis fizyczny
Twórcy
autor
Bibliografia
- Forlicz S.: Mikroekonomiczne aspekty przepływu informacji między podmiotami rynkowymi. Poznań 1996.
- Laplace P.S., de: Philosophischer Versuch über die Wahrscheinlichkeit. Leipzig 1932.
- Leland H.E.: Theory of a Firm Facing Uncertain Demand. American Economic Review 62, 1972.
- Miller D.W., Starr M.K.: Praktyka i teoria decyzji. Warszawa 1971.
- Moore P.G.: Ryzyko w podejmowaniu decyzji. Warszawa 1975.
- Morgenstern O.: Spieltheorie und Wissenschaft. Wien-München 1965.
- Schulenburg J.M., Graf V.D.: Marktprozeß und Marktstruktur bei unvollständigen Informationen. Zeitschrift für Wirtschafts- und Sozialwissenschaften 113, 1993.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
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