A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot

This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis

How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditio

Economic analysis of choice under uncertainty has been dominated by the expected utility (EU) model, yet the EU model has never been without critics. Psychologi