Heterodox production and cost theory of the business enterprise

Frederic Lee and Tae-Hee Jo ()

MPRA Paper from University Library of Munich, Germany

Abstract: Heterodox economists long complained about having no systematic alternative to neoclassical production and cost theory. This paper deals with this complaint. That is, it presents a theory of production and costs of the business enterprise that is a complete alternative to the neoclassical theory of production and costs of the firm.

Keywords: heterodox theory; accounting rules; structure of production and costs; segmented plants; direct costs; shop expenses; enterprise expenses (search for similar items in EconPapers)
JEL-codes: B5 D2 (search for similar items in EconPapers)
Date: 2010-12
New Economics Papers: this item is included in nep-hpe and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:27635

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