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Subjective equilibrium theory of the farm household /

It is obvious that most of the agricultural production in the world is under the control of farm households (or family farms). This book aims to translate the characteristics of the farm household as an economic entity, into an economic theory. The book was originally written in Japanese, but variou...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Nakajima, Chihiro, 1919-
Formato: Electrónico eBook
Idioma:Inglés
Japonés
Publicado: Amsterdam ; New York : Elsevier, 1986.
Colección:Developments in agricultural economics ; 3.
Temas:
Acceso en línea:Texto completo
Texto completo
Texto completo

MARC

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100 1 |a Nakajima, Chihiro,  |d 1919- 
240 1 0 |a N�oka shutai kink�oron.  |l English 
245 1 0 |a Subjective equilibrium theory of the farm household /  |c Chihiro Nakajima ; translated by Ryohei Kada. 
260 |a Amsterdam ;  |a New York :  |b Elsevier,  |c 1986. 
300 |a 1 online resource (xii, 302 pages) :  |b illustrations 
336 |a text  |b txt  |2 rdacontent 
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490 1 |a Developments in agricultural economics ;  |v 3 
504 |a Includes bibliographical references and index. 
506 |3 Use copy  |f Restrictions unspecified  |2 star  |5 MiAaHDL 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2010.  |5 MiAaHDL 
538 |a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.  |u http://purl.oclc.org/DLF/benchrepro0212  |5 MiAaHDL 
583 1 |a digitized  |c 2010  |h HathiTrust Digital Library  |l committed to preserve  |2 pda  |5 MiAaHDL 
520 |a It is obvious that most of the agricultural production in the world is under the control of farm households (or family farms). This book aims to translate the characteristics of the farm household as an economic entity, into an economic theory. The book was originally written in Japanese, but various modifications have been made and new information added to the English version. The author defines the farm household as an economic entity which is a complex of the farm firm, the labourer's household and the consumer's household, and whose behavioural principle is utility maximization. The main purpose of the book is to construct a theoretical model of the decision-making behaviour of the farm household. For this purpose the method of subjective equilibrium analysis, which was used by J.R. Hicks for the consumer's household and the firm in Value and Capital, has been applied to the farm household. The major motif of the book may therefore be called ``Hicksian motif''. In analyzing the subjective equilibrium of the farm household, this book extends the Marshallian concepts of consumer's surplus and producer's surplus, by developing the three new concepts of labourer's surplus, self-employed producer's surplus and consumer's surplus. The analyses using the five concepts of economic surplus are the minor motif of the present book, which the author calls ``Marshallian motif''. Another important characteristic of this book lies in the presentation of newly developed theories of land rent. The author has tried to integrate the theory of leasehold tenancy (i.e. fixed rent tenancy) and that of share tenancy with subjective equilibrium theory of the farm household. In his foreword, John W. Longworth of the International Association of Agricultural Economists says ``From time-to-time an academic treatise appears which is truly different. This is one such book. It presents a self-contained normative theory of the farm household which is much more than just an elegant development of Hicksian and Marshallian ideas. Professor Nakajima introduces new concepts and develops a simple model of the farm household. He then extends this model in various ways to examine the subjective equilibrium of farm households under a wide range of economic circumstances. The exposition is clear and logic with each step in the argument explained in detail using both rigorous mathematical notation and easy to follow diagrams ... With this book Nakajima is making his Life's Work available to non-Japanese Agricultural Economists. The international profession of Agricultural Economics will be richer for it.''. 
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776 0 8 |i Print version:  |a Nakajima, Chihiro, 1919-  |s N�oka shutai kink�oron. English.  |t Subjective equilibrium theory of the farm household.  |d Amsterdam ; New York : Elsevier, 1986  |w (DLC) 86188242  |w (OCoLC)14065179 
830 0 |a Developments in agricultural economics ;  |v 3. 
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