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Efficient Resource Allocation Under Increasing Returns
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Author :National Bureau of Economic Research Publisher :Princeton University Press ISBN 13 :1400879760 Total Pages :647 pages Book Rating :4.4/5 (8 download)
Book Synopsis The Rate and Direction of Inventive Activity by : National Bureau of Economic Research
Download or read book The Rate and Direction of Inventive Activity written by National Bureau of Economic Research and published by Princeton University Press. This book was released on 2015-12-08 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
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 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 General Equilibrium with Increasing Returns by : Antonio Villar
Download or read book General Equilibrium with Increasing Returns written by Antonio Villar and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a book on general equilibrium in which firms are allowed to exhibit increasing returns to scale (more precisely, in which the convexity of production sets is not assumed). As such, it provides a full fledged general equilibrium model and analyzes the chief questions concerning existence and optimality. Increasing returns is a topic which many economists find it to be simultaneously very imponant, very difficult and very discouraging. It is very important because it refers to a well established technological phenomenon which is essentially incompatible with the functioning of competitive markets. It is very difficult because the standard concepts and tools for the analysis fail (in particular, the supply mappings are not well defined). It is very discouraging because the available models do not seem to solve the basic questions: Normative models where nonconvex firms follow marginal pricing do not achieve efficient outcomes, and positive models cannot incorporate monopolistic competition as a way of defming the behavior of those firms with increasing returns to scale. I would like to think that this monograph will contribute to show that "the increasing returns question" is neither too difficult nor too discouraging. Concerning the difficulty, it will be shown that the analysis can be carried out with essentially the same tools as those applicable to the standard competitive model. As for the relevance of the results available, let me point out the following.
Book Synopsis Proceedings of the Eleventh International Conference on Management Science and Engineering Management by : Jiuping Xu
Download or read book Proceedings of the Eleventh International Conference on Management Science and Engineering Management written by Jiuping Xu and published by Springer. This book was released on 2017-06-27 with total page 1808 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is organized in 2 volumes and 6 parts. Part I is Big Data Analytics, which is about new advances of analysis, statistics, coordination and data mining of big data; Part II is Information Systems Management, which is about the development of big data information system or cloud platform. Part III is Computing Methodology with Big Data, which is about the improvements of traditional computation technologies in the background of big data; Part IV is Uncertainty Decision Making, which is about the decision making methods with various uncertain information, such as fuzzy, random, rough, gray, unascertained. Part V is Intelligence Algorithm. Part VI is Data Security, which is a particularly important aspect in the modern management environment.
Download or read book Keynes written by Fausto Vicarelli and published by University of Pennsylvania Press. This book was released on 2015-09-30 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a volume in the Penn Press Anniversary Collection. To mark its 125th anniversary in 2015, the University of Pennsylvania Press rereleased more than 1,100 titles from Penn Press's distinguished backlist from 1899-1999 that had fallen out of print. Spanning an entire century, the Anniversary Collection offers peer-reviewed scholarship in a wide range of subject areas.
Book Synopsis The New Palgrave Dictionary of Economics by :
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Book Synopsis Optimization and Discrete Choice in Urban Systems by : Bruce G. Hutchinson
Download or read book Optimization and Discrete Choice in Urban Systems written by Bruce G. Hutchinson and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'l'he papers contained in this volume were originally presented at the International symposium on New Directions in Urban Systems Modelling held at the University of Waterloo in July, 1983. The papers have been reviewed and rewritten since that time. The exception is the introductory paper written specially by Manfred Fischer and Peter Nijkamp as an introduction to this volume. The manuscript was prepared in the word processing unit in the nepartment of Civil Engineering, university of Waterloo. The sustained work of Mrs. I. Steffler in preparing this manuscript is gratefully acknowledged. "'r. R. K. Kumar provided excellent assistance with the editorial process. The svrnposium and the preparation of this manuscript were supporteö financially by the Natural Sciences and Engineering Research Council of Canada, The Academic Development Fund and the Department of Civil Engineering, TTniversity of waterloo. TABLE OF CONTENTS PREFACE •....••...•..•...•..........•..••.•....•.•••.••.••.•..•••••.•.••.. III Categorical Data and Choice Analysis in a Spatial Context Manfred Fischer and Peter Nijkamp .•••....•.......•.•.....•.......•.......
Book Synopsis Valuation Of Wildland Resource Benefits by : George Peterson
Download or read book Valuation Of Wildland Resource Benefits written by George Peterson and published by Routledge. This book was released on 2019-06-21 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive review of the advanced techniques in the valuation of wildland benefits. It discusses concepts and problems in wildland benefit valuation, offering perspectives on the role of benefit-cost analysis as a decision-making tool in the formation of public land policy.
Book Synopsis Essays in Contemporary Fields of Economics by : George Horwich
Download or read book Essays in Contemporary Fields of Economics written by George Horwich and published by Purdue University Press. This book was released on 1981 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume honors Emanuel T. Weiler, the founder and first dean of Purdue University's School of Management and of the Krannert Graduate School of Management. Beginning in the mid-1950s, Weiler created a unique academic environment within which innovative and lasting contributions were made to both the teaching and content of economics and management. Members of the original economics faculty recruited by Weiler as well as several of their students wrote this collection of essays. All but one of the papers were prepared expressly for the volume and have not been published previously. The essays cover diverse areas which evolved from Weiler's leadership. The work has four major topical divisions (Economic Theory, Applied Economics, Macroeconomics, and Economics Education) plus a section of four memoirs.
Book Synopsis Social Ethics and Normative Economics by : Marc Fleurbaey
Download or read book Social Ethics and Normative Economics written by Marc Fleurbaey and published by Springer Science & Business Media. This book was released on 2011-04-11 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of thirteen essays on social ethics and normative economics honouring Serge-Christophe Kolm's seminal contributions to this field addresses the following questions: How should the public sector price its production and services? What are the normative foundations of criteria for comparing distributions of riches and advantages? How should intergenerational social immobility and inequality in circumstances be measured? What is a fair way to form partnerships? How vulnerable to manipulation is the Lindahl rule for allocating public goods? What are the properties of Kolm's ELIE tax proposal? Would the addition of EU-level income taxes enhance equity? How should we compare different scenarios for future societies with different population sizes? How can domain conditions in social choice theory be justified using Kolm's epistemic counterfactuals? How can Kolm's distributive liberal contract be implemented? What are the implications of norms of reciprocity for the organization of society? The answers to these questions give major insight into the state-of-the-art of social ethics and normative economics and are thus an indispensable source for researchers in both of these fields.
Book Synopsis Deregulation and Interdependence in the Asia-Pacific Region by : Takatoshi Ito
Download or read book Deregulation and Interdependence in the Asia-Pacific Region written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2007-12-01 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, real and artificial barriers to international transactions have fallen sharply, causing a rise in the overall volume of international trade. East Asia has been particularly affected by the economic stresses and gains derived from deregulation. Deregulation and Interdependence in the Asia-Pacific Region explores the broadly similar experiences of certain economies in the region—China, Hong Kong, Japan, Korea—in dealing with the potentially volatile process of deregulation, and examines the East Asian response to a rapidly transforming economic environment.
Download or read book Beyond Profit written by Samir Alamad and published by Springer Nature. This book was released on with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis 100 Pioneers in Efficient Resource Management by : Mario Schmidt
Download or read book 100 Pioneers in Efficient Resource Management written by Mario Schmidt and published by Springer. This book was released on 2018-12-04 with total page 549 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents about 100 current examples of how energy and materials can be saved in manufacturing companies. They serve to show which measures can be used in modern companies to exploit the potential for resource efficiency. The book is aimed at practitioners in companies and consulting firms, but is also suitable for the university sector as a practical introduction to the topic of resource efficiency. The materials used account for almost 43 percent of the costs of an average industrial company in Germany. Personnel costs, on the other hand, are only 22 percent, while energy costs are as low as 2 percent. If a company wants to save costs, above all it must consider the use of materials and produce in a resource-efficient manner. This simultaneously relieves the environment and reduces dependence on scarce raw materials. The implementation of resource efficiency is not easy. There are indeed numerous starting points in production, often in process innovations or in product development. However, only a few companies publish their measures and savings potentials. In practice, this means that there are often no learning examples in practice, but some of them are explicitly listed in this work. As you can see, resource efficiency in production and products can also be seen as a success factor for many companies. In the project 100 Pioneers in Efficient Resource Management, committed companies from Baden-Wuerttemberg are showing their solutions. The project was carried out by a competent team from the Pforzheim University and the State Agency for Environmental Technology. Leading trade associations in Baden-Württemberg have supported it.
Book Synopsis Paul A. Samuelson by : John Cunningham Wood
Download or read book Paul A. Samuelson written by John Cunningham Wood and published by Taylor & Francis. This book was released on 2005 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Samuelson is a key figure in economic thinking. This gathers the essential assessments of this important economist, and provides an unparalleled insight into his lasting impact on economics.
Book Synopsis Privatization of Agriculture in New Market Economies: Lessons from Bulgaria by : Andrew Schmitz
Download or read book Privatization of Agriculture in New Market Economies: Lessons from Bulgaria written by Andrew Schmitz and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 445 pages. Available in PDF, EPUB and Kindle. Book excerpt: The idea for this book began in Sofia, Bulgaria in September, 1992 when we met to plot a course for our University Affiliations project which had been recently funded by the U.S. Infonnation Agency. We believed that worldng on the book would provide valuable learning experiences for all the cooperators, and that the book itself would make a useful contribution to understanding the economic transition process and its policy implications. We recognized that a project of this nature would require the skills and knowledge of many people. To those 34 additional contributors to this volume, and to the many other friends, colleagues, and experts who gave generous advice, we give our sincerest thanks. We also acknowledge with thanks the support of several organizations to a reality. Much of the that transfonned this book from an idea research reported here was a major part of an educational project funded by the University Affiliations Program of the U.S. Information Agency. The project linked the University of California, Berkeley, Wye College of London University, and the Research Institute of Agricultural Economics, Sofia, in a cooperative effort to improve the quality of policy analysis. The research provided hands-on experience necessary for effective teaching in this area.
Book Synopsis Political Economy of Transition by : Jozef M. van Brabant
Download or read book Political Economy of Transition written by Jozef M. van Brabant and published by Routledge. This book was released on 2012-11-12 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book addresses the policy questions surrounding the challenge of transforming eastern European economies from their planned, administrative past to vibrant market-based entities. Jozef van Brabant considers in turn, the wider set of challenges facing these economies - stabilization, privatization, liberalization, institution building, and developing and maintaining the sociopolitical consensus - before examining the evolving role of the state. Using concrete examples from the eastern European countries throughout, including the Czech Republic and Bulgaria, this work systematically examines, in a society-wide context, the initial conditions of transformation, the policy tasks ahead and the manner in which policies have been pursued.