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The Concept of Cost in Economics

In: The Economy as a Process of Valuation

Author

Listed:
  • Warren J. Samuels
  • A. Allan Schmid

Abstract

The Economy as Process of Valuation sheds new light on the potential benefits of concept and theory formation along dynamic and evolutionary lines for understanding economic processes. The emphasis is on aspects of the economy as a process of valuation rather than as a mechanistic result of forces yielding unique determinate results.

Suggested Citation

  • Warren J. Samuels & A. Allan Schmid, 1997. "The Concept of Cost in Economics," Chapters, in: The Economy as a Process of Valuation, chapter 4, pages 208-298, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:1088_4
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    Keywords

    Economics and Finance;

    Statistics

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