Elements of Pure Economics: Or the Theory of Social Wealth

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Psychology Press, 2003 - Business & Economics - 620 pages
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Elements of Pure Economics was one of the most influential works in the history of economics, and the single most important contribution to the marginal revolution. Walras' theory of general equilibrium remains one of the cornerstones of economic theory more than 100 years after it was first published.

 

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Contents

CHAPTER I
17
Concentration on Economic Incentives
25
CHAPTER II
27
Incentive and Disincentive Effects of Higher Wages
31
Varying Labour Reactions and their Probable Effect on Productivity of Incentive Schemes page
32
APPENDICES
33
CHAPTER
38
CHAPTER III
40
Interview Analysis Proportion of Satisfactions by Factors
134
Interview Analysis Proportion of Satisfactions by Firms
135
Interview Analysis Proportion of Satisfactions by Operations
136
Interview Anaylsis Frequency of Satisfactions Recorded in Interviews
137
CHAPTER iv
138
Changes in the Productive Departments of Laundry A
148
Output Costs and Earnings in 12 Selected Laundries 1401
151
Average Weekly Earnings at Laundry A
152

Relation between Earnings and Output page
46
Economic Incentives and the Wagestructure
51
Summary of Changes in Productivity and Earnings
57
Operation A I Changes in Output Costs and Earnings
59
Operation A 2 Changes in Output Costs and Earnings
61
Operation Bi Changes in Output
63
Operation B3 Changes in Output
64
Operation B4 Changes in Output
65
Operation C I Changes in Output Costs and Earnings
68
Operation D 2 Changes in Output Costs and Earnings
70
Operation D 3 Changes in Output Costs and Earnings
72
Operation D4 Changes in Output Costs and Earnings
74
Operation D 5 Changes in Output Costs and Earnings
76
Operation D 5 Changes in Output Costs and Earnings
77
Operation D 6 Changes in Output Costs and Earnings
80
Operation D 9 Changes in Output Costs and Earnings
83
17o Operation E Changes in Output and Earnings per Worker
86
Operation E Changes in Output Costs and Earnings
87
Operation C 3 Hours and Earnings
90
Summary
96
ATTITUDES AND REACTIONS
98
Summary of Trade Union Views
114
Conclusions
128
Labourcosts for July 1951 1952 and 1954 at Laundry A
153
Changes and Effects in the Delivery Department
156
Performance in Delivery Department at Laundry A
157
Summary and Conclusions
166
Grocery Incentive Scheme Society F
174
Grocery Incentive Schemes Society G pago
180
Numbers Employed Sales per Person and Wagecost
182
Dry Goods Incentive Scheme Society G
188
CHAPTER VI
194
Further Evidence of Incentive Effects in Factory Production
201
Room for the Extension of Piecerates to Services
211
CHAPTER VII
219
Background and Illustrations of the Prevailing Relations
226
Application of the Scheme
234
Problems arising out of the Scheme
247
CHAPTER VIII
262
CHAPTER
267
Additional Evidence on Incentive Effect
270
A Interview Outline Chapter III page
275
Details of Methods of Conversion and Original Data
292
Original Data on Output Hours of Work and Wages
293
Distribution of Workers at A to E According to Change
299
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