Mathematical Investigations In The Theory Of Value And Prices (1892)

Mathematical Investigations in the Theory of Value and Prices is a book written by the renowned American economist Irving Fisher in 1892. The book is a comprehensive study of the theory of value and prices, which is a fundamental concept in economics. Fisher's work was a significant contribution to the field of economics, as he introduced new mathematical methods to analyze economic theories.The book is divided into three parts, with the first part focusing on the theory of value. Fisher provides a detailed analysis of the concept of value and how it is determined in the market. He also discusses the factors that influence the value of goods and services, such as supply and demand, production costs, and consumer preferences.The second part of the book is dedicated to the theory of prices. Fisher explores the various factors that affect the price of goods and services, such as changes in supply and demand, changes in production costs, and changes in consumer preferences. He also discusses the role of government policies in influencing prices.The final part of the book is devoted to the application of mathematical methods in economic analysis. Fisher introduces new mathematical techniques to analyze economic theories, such as the use of calculus to study the relationship between supply and demand.Overall, Mathematical Investigations in the Theory of Value and Prices is a seminal work in the field of economics, as it introduced new mathematical methods to analyze economic theories. Fisher's work has had a significant impact on the development of economic theory and remains relevant today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.