(Almost) Everything You Wanted to Know About the History of the Theory of Production/the Firm: But Were Afraid (too bored) to Ask

23 Pages Posted: 11 Feb 2022 Last revised: 4 Apr 2022

Date Written: April 2, 2022

Abstract

The 1500-1970 literature on the theory of production/the firm can be usefully divided into four approaches to the positive analysis of production or the firm: aggregate production, market structure, the representative firm and micro production. Each approach will be examined to establish the nature and development of the approach and the relationships between them.

Keywords: History of economic thought, theory of the firm, theory of production

JEL Classification: B10, B20, D20

Suggested Citation

Walker, Paul, (Almost) Everything You Wanted to Know About the History of the Theory of Production/the Firm: But Were Afraid (too bored) to Ask (April 2, 2022). Available at SSRN: https://ssrn.com/abstract=3984605 or http://dx.doi.org/10.2139/ssrn.3984605

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