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Heinrich von Stackelberg on joint production

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  • Stefan Baumgartner

Abstract

In the 1970s, considerable interest arose into the study of multi-output firms and industries. However, this literature did not seem to be aware of the contribution that von Stackelberg made to the issue almost half a century earlier. This paper outlines von Stackelberg's contribution to the theory of costs under joint production. It critically assesses the place of his contribution in the modern history of the theory of joint production and it suggests an answer to the question of why von Stackelberg's theory of joint production fell into oblivion and even contributed to the abandonment of the issue for decades.

Suggested Citation

  • Stefan Baumgartner, 2001. "Heinrich von Stackelberg on joint production," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 8(4), pages 509-525.
    • Handle: RePEc:taf:eujhet:v:8:y:2001:i:4:p:509-525
    DOI: 10.1080/09672560110079511
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    References listed on IDEAS

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    1. Sharkey, William W. & Telser, Lester G., 1978. "Supportable cost functions for the multiproduct firm," Journal of Economic Theory, Elsevier, vol. 18(1), pages 23-37, June.
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    8. Baumol, William J, 1977. "On the Proper Cost Tests for Natural Monopoly in a Multiproduct Industry," American Economic Review, American Economic Association, vol. 67(5), pages 809-822, December.
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    10. Neri Salvadori & Ian Steedman (ed.), 1990. "Joint Production of Commodities," Books, Edward Elgar Publishing, number 588.
    11. Niehans, Jürg, 1992. "Heinrich von Stackelberg: Relinking German Economics to the Mainstream," Journal of the History of Economic Thought, Cambridge University Press, vol. 14(2), pages 189-208, October.
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    Cited by:

    1. Winkler, Ralph, 2005. "Structural change with joint production of consumption and environmental pollution: a neo-Austrian approach," Structural Change and Economic Dynamics, Elsevier, vol. 16(1), pages 111-135, March.
    2. Henrik Egbert & Teodor Sedlarski & Aleksandar B. Todorov, 2021. "Foundations of contemporary economics: Heinrich von Stackelberg on market structure," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 107-124.

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