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Production and the Probabilities of Cost

A. J. Nichol
Quarterly Journal of Economics 1942 57(1), 69
Costs calculated in terms of probability, 69. — Deriving particular specifications of supply from given probabilities of cost: initial conclusions, 71. — More complex conditions: dispersion and skewness of cost expectations, 74; variations in dispersion, 78; in skewness, 85; in both, 86. — Influence of dispersion and skewness on monopoly, 86. — "Marginal probability of net revenue, " and "marginal production risk, " 87. — Conclusions, 88.

Professor Chamberlin's Theory of Limited Competition

A. J. Nichol
Quarterly Journal of Economics 1934 48(2), 317
His review of Cournot and Edgeworth does not get down to bedrock, 318.— Difficulties in his treatment of foresight (1) under conditions of decreasing variable costs, 319; the argument expressed in terms of the symbols of Cournot, 323; (2) under unequal conditions of increasing cost, 325; diagrammatic presentation, 333; nine points of conflict with his conclusions, 335.