Foundations of a Pure Cost Theory

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2014

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Expenses Costs (Economics)

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Damien Bazin et al., « Foundations of a Pure Cost Theory », HAL-SHS : économie et finance, ID : 10670/1.jr2pbh


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Foundations of a Pure Cost Theory represents the first translation of the original German version into English. This substantial book offers readers a critical and technical understanding of firms, how firms function and the environments in which they operate. Fundamental principles of cost production, market economy, optimum position and velocities of production are given prominence. Ultimately this work, which remains largely unknown, can be seen as a milestone text in our understanding of the strategies adopted by firms as a whole. The book has been meticulously translated from German into English, retaining the author's examples in their historical context and capturing the spirit of the time with all its subtlety and significance.

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