Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Efficiency In Economies With Increasing Returns
Download Efficiency In Economies With Increasing Returns full books in PDF, epub, and Kindle. Read online Efficiency In Economies With Increasing Returns ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Increasing Returns and Efficiency by : Martine Quinzii
Download or read book Increasing Returns and Efficiency written by Martine Quinzii and published by Oxford University Press. This book was released on 1993-01-07 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: Increasing returns to scale is an area in economics that has recently become the focus of much attention. While most firms operate under constant or decreasing return to scale on their relevant range of production, some firms produce goods or services with a technology which exhibits increasing returns to scale at levels of production which are large relative to the market. These goods are an important component of economic activity in a modern economy and are typically commodities produced either by a public sector or, as in the U.S., by regulated utilities. In this study, the author analyzes increasing returns using general equilibrium theory to take into account the interactions between production in the public and the private sector, and the effects of financing the public sector on the redistribution of income.
Book Synopsis Efficiency in economies with increasing returns by : Georg Tillmann
Download or read book Efficiency in economies with increasing returns written by Georg Tillmann and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Increasing Returns and Economic Efficiency by : Yew-Kwang Ng
Download or read book The Increasing Returns and Economic Efficiency written by Yew-Kwang Ng and published by . This book was released on 2003 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Equilibrium and Efficiency in Production Economies by : Antonio Villar
Download or read book Equilibrium and Efficiency in Production Economies written by Antonio Villar and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a substantially revised and enlarged version of the monograph General Equilibrium with Increasing Returns, published by Springer-Verlag as a Lecture Notes volume in 1996. It incorporates new topics and the most recent developments in the field. It also provides a more systematic analysis of the differences between production economies with and without convex production sets. Five out of twelve chapters are new, and most of the remaining ones have been reformulated. An outline of contents appears in chapter 1. As its predecessor, this book contains a formal and systematic exposition of the main results on the existence and efficiency of equilibrium, in production economies where production sets need not be convex. There is an explicit attempt at making of it a suitable reference both for graduate students and researchers interested in theory (not necessarily specialists in mathematical economics). With this twofold purpose in mind, the work has been written according to three key principles: (i) To provide a uhified approach to the problems involved. For that we construct a basic model that is rich enough to encompass the different models appearing throughout, and to derive all the results as coroilaries of a reduced number of general theorems. (ii) To maintain a relatively low mathematical complexity. Thus, when the estimated cost of generality exceeds the benefit of simplicity, we shall state and prove the theorems under assumptions that need not be the most general ones.
Download or read book Economies of Scale written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-20 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Economies of Scale In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of time. A decrease in cost per unit of output enables an increase in scale. At the basis of economies of scale, there may be technical, statistical, organizational or related factors to the degree of market control. This is just a partial description of the concept. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Economies of scale Chapter 2: Natural monopoly Chapter 3: Perfect competition Chapter 4: Piero Sraffa Chapter 5: Cost-of-production theory of value Chapter 6: Economies of scope Chapter 7: Monopoly Chapter 8: Economies of agglomeration Chapter 9: Marginal cost Chapter 10: Production-possibility frontier Chapter 11: Average cost Chapter 12: Returns to scale Chapter 13: Cost curve Chapter 14: New trade theory Chapter 15: Prices of production Chapter 16: Long run and short run Chapter 17: Tendency of the rate of profit to fall Chapter 18: Okishio's theorem Chapter 19: Minimum efficient scale Chapter 20: Ricardian economics Chapter 21: Socially optimal firm size (II) Answering the public top questions about economies of scale. (III) Real world examples for the usage of economies of scale in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Economies of Scale.
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 Efficiency by :
Download or read book Increasing Returns and Economic Efficiency written by and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Profitability, Mechanization and Economies of Scale by : Dudley Jackson
Download or read book Profitability, Mechanization and Economies of Scale written by Dudley Jackson and published by Routledge. This book was released on 2018-10-03 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this book introduces a new concept of profitability, called the 'efficiency rate of profit', which is defined as the ratio between the unit net margin and the unit capital requirement and shows how the efficiency rate of profit may be used in the assessment of mechanization and economies of scale. The book also shows how the efficiency rate of profit relates to the financial opportunity cost of investment, thus resolving the long-standing controversy over 'interest as a cost'. Using real-world plant-level data, the book explains fully the process of mechanization, how increasing returns to scale works at the plant level through power rule relating plant or equipment cost to capacity and how and why it is more cost effective to combine mechanization with expanding the scale of production in one combined 'package' of efficiency improvement.
Book Synopsis Increasing Returns, Specialization, and the Theory of the Allocation of Time by : Monchi Lio
Download or read book Increasing Returns, Specialization, and the Theory of the Allocation of Time written by Monchi Lio and published by . This book was released on 1996 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis When More Is Not Better by : Roger L. Martin
Download or read book When More Is Not Better written by Roger L. Martin and published by Harvard Business Press. This book was released on 2020-09-29 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: American democratic capitalism is in danger. How can we save it? For its first two hundred years, the American economy exhibited truly impressive performance. The combination of democratically elected governments and a capitalist system worked, with ever-increasing levels of efficiency spurred by division of labor, international trade, and scientific management of companies. By the nation's bicentennial celebration in 1976, the American economy was the envy of the world. But since then, outcomes have changed dramatically. Growth in the economic prosperity of the average American family has slowed to a crawl, while the wealth of the richest Americans has skyrocketed. This imbalance threatens the American democratic capitalist system and our way of life. In this bracing yet constructive book, world-renowned business thinker Roger Martin starkly outlines the fundamental problem: We have treated the economy as a machine, pursuing ever-greater efficiency as an inherent good. But efficiency has become too much of a good thing. Our obsession with it has inadvertently shifted the shape of our economy, from a large middle class and smaller numbers of rich and poor (think of a bell-shaped curve) to a greater share of benefits accruing to a thin tail of already-rich Americans (a Pareto distribution). With lucid analysis and engaging anecdotes, Martin argues that we must stop treating the economy as a perfectible machine and shift toward viewing it as a complex adaptive system in which we seek a fundamental balance of efficiency with resilience. To achieve this, we need to keep in mind the whole while working on the component parts; pursue improvement, not perfection; and relentlessly tweak instead of attempting to find permanent solutions. Filled with keen economic insight and advice for citizens, executives, policy makers, and educators, When More Is Not Better is the must-read guide for saving democratic capitalism.
Book Synopsis Minimum Efficient Scale by : Fouad Sabry
Download or read book Minimum Efficient Scale written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-04 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Minimum Efficient Scale In the context of industrial organization, the effective scale of production, also known as the minimum efficient scale (MES), refers to the lowest point at which a plant is capable of producing in such a way that its long-term average costs are minimized. Additionally, it is the point at which the company is able to acquire the economies of scale that are necessary for it to effectively compete within the market sector. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Minimum efficient scale Chapter 2: Economies of scale Chapter 3: Monopoly Chapter 4: Perfect competition Chapter 5: Profit maximization Chapter 6: Price elasticity of demand Chapter 7: Economies of scope Chapter 8: Marginal cost Chapter 9: Average cost Chapter 10: Marginal product Chapter 11: Diminishing returns Chapter 12: Returns to scale Chapter 13: Marginal revenue Chapter 14: Marginal revenue productivity theory of wages Chapter 15: Lerner index Chapter 16: Cost curve Chapter 17: Supply (economics) Chapter 18: Marginal product of labor Chapter 19: Socially optimal firm size Chapter 20: Robinson Crusoe economy Chapter 21: Monopoly price (II) Answering the public top questions about minimum efficient scale. (III) Real world examples for the usage of minimum efficient scale in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Minimum Efficient Scale.
Book Synopsis Increasing Returns and Path Dependence in the Economy by : W. Brian Arthur
Download or read book Increasing Returns and Path Dependence in the Economy written by W. Brian Arthur and published by University of Michigan Press. This book was released on 1994 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pioneering work on an important new approach to economics.
Book Synopsis Profitability, Mechanization, and Economies of Scale by : Dudley Jackson
Download or read book Profitability, Mechanization, and Economies of Scale written by Dudley Jackson and published by . This book was released on 2018 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this book introduces a new concept of profitability, called the 'efficiency rate of profit', which is defined as the ratio between the unit net margin and the unit capital requirement and shows how the efficiency rate of profit may be used in the assessment of mechanization and economies of scale. The book also shows how the efficiency rate of profit relates to the financial opportunity cost of investment, thus resolving the long-standing controversy over 'interest as a cost'. Using real-world plant-level data, the book explains fully the process of mechanization, how increasing returns to scale works at the plant level through power rule relating plant or equipment cost to capacity and how and why it is more cost effective to combine mechanization with expanding the scale of production in one combined 'package' of efficiency improvement.
Book Synopsis Equality and Efficiency REV by : Arthur M. Okun
Download or read book Equality and Efficiency REV written by Arthur M. Okun and published by Brookings Institution Press. This book was released on 2015-04-30 with total page 171 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later. In classrooms Arthur M. Okun may be best remembered for Okun's Law, but his lasting legacy is the respect and admiration he earned from economists, practitioners, and policymakers. Equality and Efficiency is the perfect embodiment of that legacy, valued both by professional economists and those readers with a keen interest in social policy. To his fellow economists, Okun presents messages, in the form of additional comments and select citations, in his footnotes. To all readers, Okun presents an engaging dual theme: the market needs a place, and the market needs to be kept in its place. As Okun puts it: Institutions in a capitalist democracy prod us to get ahead of our neighbors economically after telling us to stay in line socially. This double standard professes and pursues an egalitarian political and social system while simultaneously generating gaping disparities in economic well-being. Today, Okun's dual theme feels incredibly prescient as we grapple with the hot-button topic of income inequality. In his foreword, Lawrence H. Summers declares: On what one might think of as questions of "economic philosophy," I doubt that Okun has been improved on in the subsequent interval. His discussion of how societies rely on rights as well as markets should be required reading for all young economists who are enamored with market solutions to all problems. With a new foreword by Lawrence H. Summers
Book Synopsis Rethinking Economic Development, Growth, and Institutions by : Jaime Ros
Download or read book Rethinking Economic Development, Growth, and Institutions written by Jaime Ros and published by . This book was released on 2013-09 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the contributions that early development theory can make to growth economics in answering why some countries are richer than others and why some economies grow faster than others.
Book Synopsis Evolutionary Spatial Economics by : Miroslav N. Jovanović
Download or read book Evolutionary Spatial Economics written by Miroslav N. Jovanović and published by Edward Elgar Publishing. This book was released on 2020-01-31 with total page 789 pages. Available in PDF, EPUB and Kindle. Book excerpt: A crucial question in contemporary economics concerns where economic activities will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model, providing important concrete and theoretical insights, and illuminating areas of future enquiry.
Download or read book Beyond the Market written by Jens Beckert and published by Princeton University Press. This book was released on 2009-01-10 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beyond the Market launches a sociological investigation into economic efficiency. Prevailing economic theory, which explains efficiency using formalized rational choice models, often simplifies human behavior to the point of distortion. Jens Beckert finds such theory to be particularly weak in explaining such crucial forms of economic behavior as cooperation, innovation, and action under conditions of uncertainty--phenomena he identifies as the proper starting point for a sociology of economic action. Beckert levels an enlightened critique at neoclassical economics, arguing that understanding efficiency requires looking well beyond the market to the social, cultural, political, and cognitive factors that influence the coordination of economic action. Beckert searches social theory for the components of an alternative theory of action, one that accounts for the social embedding of economic behavior. In Durkheim and Parsons he finds especially useful approaches to cooperation; in Luhmann, a way to understand how people act under highly contingent conditions; and in Giddens, an understanding of creative action and innovation. Together, these provide building blocks for a research program that will yield a theoretically sophisticated understanding of how economic processes are coordinated and the ways that markets are embedded in social, cultural, and cognitive structures. Containing one of the most fully informed critiques of the neoclassical analysis of economic efficiency--as well as one of the most thoughtful blueprints for economic sociology--this book reclaims for sociology the study of one of the most important arenas of human action.
