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A Simple Note To The Problem Of Efficiency And Increasing Returns
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Book Synopsis Increasing Returns and Economic Efficiency by : Y. Ng
Download or read book Increasing Returns and Economic Efficiency written by Y. Ng and published by Springer. This book was released on 2009-04-30 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recognizing increasing returns disrupts much of the established wisdom in economic analysis, making money non-neutral, equity conflict with freedom, and encouraging goods with increasing returns efficient. This book discusses these problems and ways they can be handled, helping to explain phenomena in the real world.
Book Synopsis Increasing Returns and Economic Analysis by : Kenneth J. Arrow
Download or read book Increasing Returns and Economic Analysis written by Kenneth J. Arrow and published by Springer. This book was released on 1998-04-12 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which uses inframarginal analysis to formally examine classical economic problems of specialization with insights on trade, growth, and many other issues. Part 2 analyses the implications of increasing returns and the associated non-perfect competition on some macro problems like the effects of nominal aggregate demand on output and the price level. Part 3 analyses the relationships of information, returns to scale, and issues of resources and trade.
Book Synopsis An Introduction to Efficiency and Productivity Analysis by : Timothy J. Coelli
Download or read book An Introduction to Efficiency and Productivity Analysis written by Timothy J. Coelli and published by Springer Science & Business Media. This book was released on 2005-07-22 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Softcover version of the second edition Hardcover. Incorporates a new author, Dr. Chris O'Donnell, who brings considerable expertise to the project in the area of performance measurement. Numerous topics are being added and more applications using real data, as well as exercises at the end of the chapters. Data sets, computer codes and software will be available for download from the web to accompany the volume.
Book Synopsis Data Envelopment Analysis by : Joe Zhu
Download or read book Data Envelopment Analysis written by Joe Zhu and published by Springer. This book was released on 2015-03-18 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook represents a milestone in the progression of Data Envelopment Analysis (DEA). Written by experts who are often major contributors to DEA theory, it includes a collection of chapters that represent the current state-of-the-art in DEA research. Topics include distance functions and their value duals, cross-efficiency measures in DEA, integer DEA, weight restrictions and production trade-offs, facet analysis in DEA, scale elasticity, benchmarking and context-dependent DEA, fuzzy DEA, non-homogenous units, partial input-output relations, super efficiency, treatment of undesirable measures, translation invariance, stochastic nonparametric envelopment of data, and global frontier index. Focusing only on new models/approaches of DEA, the book includes contributions from Juan Aparicio, Mette Asmild, Yao Chen, Wade D. Cook, Juan Du, Rolf Färe, Julie Harrison, Raha Imanirad, Andrew Johnson, Chiang Kao, Abolfazl Keshvari, Timo Kuosmanen, Sungmook Lim, Wenbin Liu, Dimitri Margaritis, Reza Kazemi Matin, Ole B. Olesen, Jesus T. Pastor, Niels Chr. Petersen, Victor V. Podinovski, Paul Rouse, Antti Saastamoinen, Biresh K. Sahoo, Kaoru Tone, and Zhongbao Zhou.
Download or read book Microeconomics written by Thijs ten Raa and published by Bloomsbury Publishing. This book was released on 2017-09-16 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconomics: Equilibrium and Efficiency teaches how to apply microeconomic theory in an innovative, intuitive and concise way. Using real-world, empirical examples, this book not only covers the building blocks of the subject, but helps gain a broad understanding of microeconomic theory and models.
Book Synopsis Benchmarking with DEA, SFA, and R by : Peter Bogetoft
Download or read book Benchmarking with DEA, SFA, and R written by Peter Bogetoft and published by Springer Science & Business Media. This book was released on 2010-11-19 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers recent advances in efficiency evaluations, most notably Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) methods. It introduces the underlying theories, shows how to make the relevant calculations and discusses applications. The aim is to make the reader aware of the pros and cons of the different methods and to show how to use these methods in both standard and non-standard cases. Several software packages have been developed to solve some of the most common DEA and SFA models. This book relies on R, a free, open source software environment for statistical computing and graphics. This enables the reader to solve not only standard problems, but also many other problem variants. Using R, one can focus on understanding the context and developing a good model. One is not restricted to predefined model variants and to a one-size-fits-all approach. To facilitate the use of R, the authors have developed an R package called Benchmarking, which implements the main methods within both DEA and SFA. The book uses mathematical formulations of models and assumptions, but it de-emphasizes the formal proofs - in part by placing them in appendices -- or by referring to the original sources. Moreover, the book emphasizes the usage of the theories and the interpretations of the mathematical formulations. It includes a series of small examples, graphical illustrations, simple extensions and questions to think about. Also, it combines the formal models with less formal economic and organizational thinking. Last but not least it discusses some larger applications with significant practical impacts, including the design of benchmarking-based regulations of energy companies in different European countries, and the development of merger control programs for competition authorities.
Book Synopsis Floating World, The: Issues In International Trade Theory by : Wilfred J Ethier
Download or read book Floating World, The: Issues In International Trade Theory written by Wilfred J Ethier and published by World Scientific. This book was released on 2014-05-21 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Floating World, Emeritus Professor of Economics Wilfred Ethier collates 22 papers that delve deep into the study on International Trade Theory. These papers are grouped into six distinct sections. Each covers an overarching research program in trade theory — Factor-Endowments Theory, Economies of Scale, International Factor Markets, Regional Integration, the Political Economy of Trade Policy, and Administered Protection. An additional section for important papers outside of those programs is also included. With papers originally written in the 1970s all the way up to recent times, Ethier provides contemporary commentary for each section, referring to further sources, candid accounts on the state of international trade theory at the time and how each paper contributed to further improvements of their respective research program.
Book Synopsis New Developments in Productivity Analysis by : Charles R. Hulten
Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.
Book Synopsis Parallel Processing and Applied Mathematics by : Roman Wyrzykowski
Download or read book Parallel Processing and Applied Mathematics written by Roman Wyrzykowski and published by Springer Science & Business Media. This book was released on 2004-04-26 with total page 1193 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the thoroughly refereed post-proceedings of the 5th International Conference on Parallel Processing and Applied Mathematics, PPAM 2003, held in Czestochowa, Poland, in September 2003. The 149 papers presented were carefully selected and improved during two rounds of reviewing and revision. The papers are organized in topical sections on parallel and distributed architectures, scheduling and load balancing, performance analysis and prediction, parallel and distributed non-numerical algorithms, parallel and distributed programming, tools and environments, applications, evolutionary computing, soft computing data and knowledge management, numerical methods and their applications, multi-dimensional systems, grid computing, heterogeneous platforms, high performance numerical computation, large-scale scientific computation, and bioinformatics applications.
Book Synopsis Shaping the Future of Water for Agriculture by :
Download or read book Shaping the Future of Water for Agriculture written by and published by World Bank Publications. This book was released on 2005 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural water management is a vital practice in ensuring reduction, and environmental protection. After decades of successfully expanding irrigation and improving productivity, farmers and managers face an emerging crisis in the form of poorly performing irrigation schemes, slow modernization, declining investment, constrained water availability, and environmental degradation. More and better investments in agricultural water are needed. In response, the World Bank, in conjunction with many partner agencies, has compiled a selection of good experiences that can guide practitioners in the design of quality investments in agricultural water. The messages of 'Shaping the Future of Water for Agriculture: A Sourcebook for Investment in Agricultural Water Management' center around the key challenges to agricultural water management, specifically: - Building policies and incentives - Designing institutional reforms - Investing in irrigation systems improvement and modernization - Investing in groundwater irrigation - Investing in drainage and water quality management - Investing in water management in rainfed agriculture - Investing in agricultural water management in multipurpose operations - Coping with extreme climatic conditions - Assessing the social, economic, and environmental impacts of agricultural water investments 'Shaping the Future of Water for Agriculture' is an important resource for those interested and engaged in development with a focus on agricultural water.
Book Synopsis Technological Foundations of Cyclical Economic Growth by : Nathan Edmonson
Download or read book Technological Foundations of Cyclical Economic Growth written by Nathan Edmonson and published by Transaction Publishers. This book was released on 2011-12-31 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: New technology is intimately associated with increased economic growth. The tools people have and when they acquired them tells us much about cyclical patterns of growth. Those interested in encouraging economic growth would do well to look to the conditions that spur the origins, development, and impact of technology—as well as the circumstances that spur prolific periods of invention, the mother of technology. Despite general recognition of the connection between technology and growth, economists rarely have gotten to the heart of the relationship. Joseph Schumpeter and John Hicks were aware of the role of technology in cyclical variability, but their thoughts were not elaborated upon after they passed from the scene. Nathan Edmonson goes beyond formal theory, reviewing the record of economic growth and the role of technology in this growth. What does the technology future hold? One clue is where past prototype inventions that that have fomented massive technological innovations have come from. Some parts of the private sector, such as Bell Labs, have been important. The government, particularly in its sponsorship of defense related research, has delivered a number of inventions. Universities are very much in the picture in certain fields, such as nanotechnology. The challenges we face at the onset of the twenty-first century are covered in depth and with imagination by Edmonson. The book will spur much rethinking about economic futures.
Book Synopsis General Equilibrium Models of Monetary Economies by : Ross M. Starr
Download or read book General Equilibrium Models of Monetary Economies written by Ross M. Starr and published by Academic Press. This book was released on 2014-05-10 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: General Equilibrium Models of Monetary Economies: Studies in the Static Foundations of Monetary Theory is a collection of essays that addresses the integration of the theory of money and the theory of value by using a mathematical general equilibrium theory. The papers discuss monetary theory, microeconomic theory, bilateral trade, transactions costs, intertemporal allocation, and the value of money. The Arrow-Debreu model of Walrasian general equilibrium theory provides a framework to represent money as a device for facilitating trade among economic agents without the use of money as a medium of exchange and as a store of value. The essays analyze the rationale for using a medium of exchange, for using a store of value, and for holding of idle balances in equilibrium. The essays show that by explicit modeling of the structure and difficulties of trade, a powerful class of models which deny money and finance a role in the economy, has by itself shown to have provided the foundation for the structures of trade. The collection will prove helpful for economists, statistician, mathematicians, students or professors of economics and business.
Author :United States. Congress. Joint Economic Committee. Subcommittee on Economic Growth and Stabilization Publisher : ISBN 13 : Total Pages :1272 pages Book Rating :4.:/5 (7 download)
Book Synopsis The Impact of the Soviet Grain Embargo on Rail and Barge Transportation by : United States. Congress. Joint Economic Committee. Subcommittee on Economic Growth and Stabilization
Download or read book The Impact of the Soviet Grain Embargo on Rail and Barge Transportation written by United States. Congress. Joint Economic Committee. Subcommittee on Economic Growth and Stabilization and published by . This book was released on 1980 with total page 1272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Scalable Optimization via Probabilistic Modeling by : Martin Pelikan
Download or read book Scalable Optimization via Probabilistic Modeling written by Martin Pelikan and published by Springer. This book was released on 2007-01-12 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: I’m not usually a fan of edited volumes. Too often they are an incoherent hodgepodge of remnants, renegades, or rejects foisted upon an unsuspecting reading public under a misleading or fraudulent title. The volume Scalable Optimization via Probabilistic Modeling: From Algorithms to Applications is a worthy addition to your library because it succeeds on exactly those dimensions where so many edited volumes fail. For example, take the title, Scalable Optimization via Probabilistic M- eling: From Algorithms to Applications. You need not worry that you’re going to pick up this book and ?nd stray articles about anything else. This book focuseslikealaserbeamononeofthehottesttopicsinevolutionary compu- tion over the last decade or so: estimation of distribution algorithms (EDAs). EDAs borrow evolutionary computation’s population orientation and sel- tionism and throw out the genetics to give us a hybrid of substantial power, elegance, and extensibility. The article sequencing in most edited volumes is hard to understand, but from the get go the editors of this volume have assembled a set of articles sequenced in a logical fashion. The book moves from design to e?ciency enhancement and then concludes with relevant applications. The emphasis on e?ciency enhancement is particularly important, because the data-mining perspectiveimplicitinEDAsopensuptheworldofoptimizationtonewme- ods of data-guided adaptation that can further speed solutions through the construction and utilization of e?ective surrogates, hybrids, and parallel and temporal decompositions.
Download or read book NASA Technical Paper written by and published by . This book was released on 1984 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Monthly Letter ... by : Royal Bank of Canada
Download or read book Monthly Letter ... written by Royal Bank of Canada and published by . This book was released on 1925 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Human Factors and Ergonomics in Consumer Product Design by : Waldemar Karwowski
Download or read book Human Factors and Ergonomics in Consumer Product Design written by Waldemar Karwowski and published by CRC Press. This book was released on 2011-06-22 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every day we interact with thousands of consumer products. We not only expect them to perform their functions safely, reliably, and efficiently, but also to do it so seamlessly that we don’t even think about it. However, with the many factors involved in consumer product design, from the application of human factors and ergonomics principles to reducing risks of malfunction and the total life cycle cost, well, the process just seems to get more complex. Edited by well-known and well-respected experts, the two-volumes of Handbook of Human Factors and Ergonomics in Consumer Product Design simplify this process. The second volume, Human Factors and Ergonomics in Consumer Product Design: Uses and Applications, discusses challenges and opportunities in the design for product safety and focuses on the critical aspects of human-centered design for usability. The book contains 14 carefully selected case studies that demonstrate application of a variety of innovative approaches that incorporate Human Factor and Ergonomics (HF/E) principles, standards, and best practices of user-centered design, cognitive psychology, participatory macro-ergonomics, and mathematical modeling. These case studies also identify many unique aspects of new product development projects, which have adopted a user-centered design paradigm as a way to attend to user requirements. The case studies illustrate how incorporating HF/E principles and knowledge in the design of consumer products can improve levels of user satisfaction, efficiency of use, increase comfort, and assure safety under normal use as well as foreseeable misuse of the product. The book provides a comprehensive source of information regarding new methods, techniques, and software applications for consumer product design.
