A Theory of Production

Investigates theories of production, concentrating on process and scale. Roberto Scazzieri presents a literature survey, develops his own theoretical framework, and applies his theory to recent economic history. It is based upon a rigorous reconstruction of the intellectual heritage of economics.

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This book presents a new theoretical framework for the analysis of production processes. It is based on a rigorous reconstruction of the intellectual heritage of economics, but also considers issues traditionally left aside by economists, such as the distinction between three dimensions of the production process (tasks, capabilities, and materials in process), the organizational approach to scale and size, and the idea that different institutional set-ups may be compatible with the same objective standard of efficiency.