Uncertainty, Prediction, and Competitive Equilibrium

S-Tier
Journal: Quarterly Journal of Economics
Year: 1961
Volume: 75
Issue: 1
Pages: 41-62

Score contribution per author:

8.043 = (α=2.01 / 1 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

I. Introduction, 41. — II. The equilibrium of the competitive firm, 42; the cost of uncertainty, 42; the economics of prediction, 46; prediction and profit, 48; prediction and supply, 51. — III. The equilibrium of the competitive industry, 54; prediction and profit in a closed industry, 55; prediction and economic equilibrium in an open industry, 58; prediction and price variation, 58; decentralization of prediction, 60. — IV. Conclusions, 61.

Technical Details

RePEc Handle
repec:oup:qjecon:v:75:y:1961:i:1:p:41-62.
Journal Field
General
Author Count
1
Added to Database
2026-01-26