for a unit of product. But Paul will have a say as to the amount which he stands to win by that outlay.
Say the payment is ½ n shillings or pounds, n not now indefinitely large; Paul will demand a higher
prize than the bare actuarial 2r - l; unless he is a fatuous gambler (cp. Marshall, Principles, Bk. V. ch.
vii. §4, and p. 613, note, 5th edition; and Pigou on uncertainty-bearing). At what terms above the
actuarial limit Paul will touch the point of indifference, what is his demand-schedule in respect of
such transactions, depends upon his mentality, his “dispositions,” in the phrase of Walras relative
to supply and demand in general. Thus the share of the entrepreneur in the product equally with the
share of the workman depends on the play of demand and supply. It is no more predetermined than
the wage-fund.]
The name is absent
More intriguing information
1. Family, social security and social insurance: General remarks and the present discussion in Germany as a case study2. Regional Intergration and Migration: An Economic Geography Model with Hetergenous Labour Force
3. Database Search Strategies for Proteomic Data Sets Generated by Electron Capture Dissociation Mass Spectrometry
4. The name is absent
5. The name is absent
6. The Dynamic Cost of the Draft
7. CREDIT SCORING, LOAN PRICING, AND FARM BUSINESS PERFORMANCE
8. Clinical Teaching and OSCE in Pediatrics
9. The name is absent
10. Regional differentiation in the Russian federation: A cluster-based typification
11. Expectations, money, and the forecasting of inflation
12. The name is absent
13. PACKAGING: A KEY ELEMENT IN ADDED VALUE
14. Momentum in Australian Stock Returns: An Update
15. The name is absent
16. Does Presenting Patients’ BMI Increase Documentation of Obesity?
17. Fiscal Insurance and Debt Management in OECD Economies
18. PRIORITIES IN THE CHANGING WORLD OF AGRICULTURE
19. On Social and Market Sanctions in Deterring non Compliance in Pollution Standards
20. ISO 9000 -- A MARKETING TOOL FOR U.S. AGRIBUSINESS