How Long to Read The Medieval Village Economy

How Long Does it Take to Read The Medieval Village Economy?

It takes the average reader 2 hours and 27 minutes to read The Medieval Village Economy by Robert M. Townsend

Assuming a reading speed of 250 words per minute. Learn more

Description

Robert Townsend has made path- breaking contributions to contract theory and general equilibrium analysis. In this book, he combines the theory of general economic equilibrium with the notion that allocations and institutions of a given economy might be Pareto optimal to try to explain various salient features of the medieval village economy. The medieval village economy in many ways reflects the economies of poor high-risk agrarian villages of the contemporary world and serves as an ideal testing ground for Townsend's theories. The environment of the medieval village resembles those of relatively simple models with such key elements as uncertainty and private information, and its institutions display distinctive features such as fragmented landholding patterns. In this book standard models of macroeconomics and the literature on contract theory and mechanism design are reinterpreted, applied, and extended. The author draws both descriptive institutional material and particular parameter values from historical observations, and characterizes solutions to the models analytically and numerically. The idea is to see whether the observed outcomes can be explained, shedding light both on the historical material and the models themselves.

How long is The Medieval Village Economy?

The Medieval Village Economy by Robert M. Townsend is 145 pages long, and a total of 36,975 words.

This makes it 49% the length of the average book. It also has 45% more words than the average book.

How Long Does it Take to Read The Medieval Village Economy Aloud?

The average oral reading speed is 183 words per minute. This means it takes 3 hours and 22 minutes to read The Medieval Village Economy aloud.

What Reading Level is The Medieval Village Economy?

The Medieval Village Economy is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Medieval Village Economy?

The Medieval Village Economy by Robert M. Townsend is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy The Medieval Village Economy by Robert M. Townsend on Amazon click the button below.