Quantification of Uncertainty in Spatial Microeconomics
Autor: | George H. Carter |
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Rok vydání: | 1983 |
Předmět: | |
Zdroj: | Review of Regional Studies. 13 |
ISSN: | 1553-0892 0048-749X |
Popis: | This paper presents a measure for quantifying uncertainty so that industry identification and entrepreneurial rewards can be given empirical content. One consequence of our new tool is that planners, regulators and economic researchers could possess a precise measure for the most indefinite of costs, profit. What is fair or excessive return in a world involving prices and market shares at different points is thereby determinable. |
Databáze: | OpenAIRE |
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