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Author : Roger Guesnerie
Publisher :
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4.:/5 (271 download)
Download or read book Second Best Pricing Rules in the Boiteux Tradition written by Roger Guesnerie and published by . This book was released on 1979 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : D. Bös
Publisher : Elsevier
ISBN 13 : 0080514707
Total Pages : 472 pages
Book Rating : 4.0/5 (85 download)
Download or read book Pricing and Price Regulation written by D. Bös and published by Elsevier. This book was released on 2015-12-04 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This clear, precisely written text presents an important branch of the modern, micro-economically based theory of industrial organization and of public finance, utilizing calculus only. Answers are provided to some pertinent economic questions, such as the pricing policies of vote-seeking politicians, of empire-building bureaucrats and of out-put-maximizing and energy-saving public utilities. These policies are compared with the welfare economic benchmark rules e.g. on marginal cost pricing and Ramsey pricing. Great significance is attached to price regulation. The book elucidates the recent replacement of rate of return regulation by price-cap regulation. It also explains why many simple rules like yardstick regulation fail to achieve optimal prices, which shows how complicated it is to induce managers to truthfully reveal their private information. How this can be achieved properly is shown in various principal-agent models on regulation with uncertain costs, uncertain demand and with soft budget constraints.
Author : Roger Guesnerie
Publisher : Cambridge University Press
ISBN 13 : 9780521629560
Total Pages : 322 pages
Book Rating : 4.6/5 (295 download)
Download or read book A Contribution to the Pure Theory of Taxation written by Roger Guesnerie and published by Cambridge University Press. This book was released on 1998-11-12 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the way in which tax systems affect economic efficiency and the distribution of welfare. It examines within a unified framework questions that are usually treated in different areas of the literature: institutional economics, positive economics, normative economics, and political economics. It adheres to the rigorous standards of pure theory while paying careful attention to the policy relevance of the arguments. Tax systems are viewed as information extracting devices that generate sets of equilibria of complex geometry. A tax reform methodology is proposed that sheds light on optimal taxes. Social conflicts in the determination of taxes are shown to have effects on social cohesion.
Author : Tito Boeri
Publisher : Routledge
ISBN 13 : 0429713959
Total Pages : 213 pages
Book Rating : 4.4/5 (297 download)
Download or read book Beyond The Rule Of Thumb written by Tito Boeri and published by Routledge. This book was released on 2019-04-23 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the rationale for correcting market prices in the evaluation of public investments. It also aims at covering techniques of project appraisals, such as the effects method, cost efficiency techniques, multicriteria analysis, and related logical frameworks.
Author : Richard Layard
Publisher : Cambridge University Press
ISBN 13 : 9780521466745
Total Pages : 518 pages
Book Rating : 4.4/5 (667 download)
Download or read book Cost-Benefit Analysis written by Richard Layard and published by Cambridge University Press. This book was released on 1994-06-30 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering all the main problems that arise in a typical cost-benefit exercise, this second edition reflects the most recent research in the area. It considers the main theoretical issues, the problem of ascribing a monetary value to things and includes six separate case studies.
Author : Marc Fleurbaey
Publisher : Springer Science & Business Media
ISBN 13 : 3642178073
Total Pages : 358 pages
Book Rating : 4.6/5 (421 download)
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.
Author : Wolfram Stadler
Publisher : Springer Science & Business Media
ISBN 13 : 148993734X
Total Pages : 413 pages
Book Rating : 4.4/5 (899 download)
Download or read book Multicriteria Optimization in Engineering and in the Sciences written by Wolfram Stadler and published by Springer Science & Business Media. This book was released on 2013-12-14 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are rarely asked to. make decisions based on only one criterion; most often, decisions are based on several usually confticting, criteria. In nature, if the design of a system evolves to some final, optimal state, then it must include a balance for the interaction of the system with its surroundings certainly a design based on a variety of criteria. Furthermore, the diversity of nature's designs suggests an infinity of such optimal states. In another sense, decisions simultaneously optimize a finite number of criteria, while there is usually an infinity of optimal solutions. Multicriteria optimization provides the mathematical framework to accommodate these demands. Multicriteria optimization has its roots in mathematical economics, in particular, in consumer economics as considered by Edgeworth and Pareto. The critical question in an exchange economy concerns the "equilibrium point" at which each of N consumers has achieved the best possible deal for hirnself or herself. Ultimately, this is a collective decision in which any further gain by one consumer can occur only at the expense of at least one other consumer. Such an equilibrium concept was first introduced by Edgeworth in 1881 in his book on mathematical psychics. Today, such an optimum is variously called "Pareto optimum" (after the Italian-French welfare economist who continued and expanded Edgeworth's work), "effi. cient," "nondominated," and so on.
Author : Roger Sherman
Publisher : Cambridge University Press
ISBN 13 : 9780521368629
Total Pages : 332 pages
Book Rating : 4.3/5 (686 download)
Download or read book The Regulation of Monopoly written by Roger Sherman and published by Cambridge University Press. This book was released on 1989-03-31 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Competition may not function well where technology calls for large and complex investments, as in the electrivity industry where public utilities often provide service. This book presents economic welfare foundations for the purpose of evaluating how well, from a social point of view, an enterprise performs when competition is unable to function. Problems with existing institutions are emphasized. Topics treated include welfare measures and their uses in peak-load pricing, second-best pricing, and income distribution. Professor Sherman covers public choice difficulties of government intervention, and describes problems with incentives in statutory monopolies and efforts to overcome them through the study of principal-agent relationships. Contestability and sustainable prices are also discussed, as well as effects of uncertainty and imperfect information.
Author : Jacques H. Drèze
Publisher : Cambridge University Press
ISBN 13 : 9780521435246
Total Pages : 604 pages
Book Rating : 4.4/5 (352 download)
Download or read book Underemployment Equilibria written by Jacques H. Drèze and published by Cambridge University Press. This book was released on 1991 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 1991 book is a selection of Jacques Drèze's work over the last decade on the topics of lasting unemployment, stagflation and unused capacity. At the theoretical level, the author has contributed to the formulation and analysis of general equilibrium models which allow for price rigidities and excess supply and lend themselves to econometric implementation, thus represents an attempt to integrate micro- and macroeconomics, and to use theory for empirical and policy purposes.
Author : Kofi Kissi Dompere
Publisher : Springer Science & Business Media
ISBN 13 : 9783540221616
Total Pages : 376 pages
Book Rating : 4.2/5 (216 download)
Download or read book Cost-Benefit Analysis and the Theory of Fuzzy Decisions written by Kofi Kissi Dompere and published by Springer Science & Business Media. This book was released on 2004-07-13 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Criticism is the habitus of the contemplative intellect, whereby we try to recognize with probability the genuine quality of a l- erary work by using appropriate aids and rules. In so doing, c- tain general and particular points must be considered. The art of interpretation or hermeneutics is the habitus of the contemplative intellect of probing into the sense of somewhat special text by using logical rules and suitable means. Note : Hermeneutics differs from criticism as the part does from the whole. Antonius Gvilielmus Amo Afer (1727) There is no such thing as absolute truth. At best it is a subj- tive criterion, but one based upon valuation. Unfortunately, too many people place their fate in the hands of subjective without properly evaluating it. Arnold A. Kaufmann and Madan M. Gupta The development of cost benefit analysis and the theory of fuzzy decision was divided into two inter-dependent structures of identification and measurement theory on one hand and fuzzy value theory one the other. Each of them has sub-theories that constitute a complete logical system.
Author : K. K. Dompere
Publisher : Springer Science & Business Media
ISBN 13 : 9783540221548
Total Pages : 424 pages
Book Rating : 4.2/5 (215 download)
Download or read book Cost-Benefit Analysis and the Theory of Fuzzy Decisions written by K. K. Dompere and published by Springer Science & Business Media. This book was released on 2004-07-02 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph is devoted to the identification and measurement theory of costs and benefits in a fuzzy information environment. The process of cost-benefit analysis is presented, requiring the development of real cost-benefit databases and the construction of cost-benefit criterion. These steps are accomplished with various theoretical constructs that provide sets of self-contained algorithms for application. This book integrates cost-benefit analysis, theory of fuzzy decisions and social decisions into unified decision algorithms accessible to practitioners, researchers, and graduate students. It features the essentials of fuzzy mathematics and algorithms in a comprehensive way, exposing a multi-disciplinary approach for the development of cost-benefit decision making in the framework of fuzziness and soft computing.
Author : D. Bös
Publisher : Springer Science & Business Media
ISBN 13 : 3642455239
Total Pages : 153 pages
Book Rating : 4.6/5 (424 download)
Download or read book Economic Theory of Public Enterprise written by D. Bös and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Martin Feldstein
Publisher : Elsevier
ISBN 13 : 0080547222
Total Pages : 507 pages
Book Rating : 4.0/5 (85 download)
Download or read book Handbook of Public Economics written by Martin Feldstein and published by Elsevier. This book was released on 1985-08-01 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first volume of the Handbook of Public Economics contains eight essays on various topics in Public Economics by international leaders in the field. It begins with an historical perspective on the growth of the area as a whole, and subsequent essays focus on the theory and evidence about the impact of taxation on economic behavior. The material presents an up-to-date survey of the field of public economics by those actually doing work on the frontier of the subject, and is written in a manner that renders it useful to the public finance specialist, whilst remaining understandable for the student and non-specialist.
Author : Dieter Bös
Publisher : Elsevier
ISBN 13 : 1483193233
Total Pages : 480 pages
Book Rating : 4.4/5 (831 download)
Download or read book Public Enterprise Economics written by Dieter Bös and published by Elsevier. This book was released on 2014-07-15 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advanced Textbooks in Economics, Volume 23: Public Enterprise Economics: Theory and Application focuses on economics, mathematical economics, and econometrics, including microeconomics, marginal-cost pricing, taxes, and income effects. The manuscript takes a look at the essential parts of public sector pricing models, normative optimum theory, and normative piecemeal theory. Discussions focus on welfare improvements with non-tight constraints, welfare -improving increases of public inefficiency, conditions for optimal prices and quantities, compensating for income effects, and conditions for optimal quality. The book then ponders on marginal-cost pricing, Ramsey pricing, rate of return regulation, and pricing with distributional aims. Topics include comparing distributional and allocative pricing, prices versus taxes, optimum Ramsey policy, influence of Ramsey prices on allocation, distribution, and stabilization, and consequences for allocation, distribution, and stabilization. The publication examines bus and underground services in London, economic theory and empirical analysis, and different approaches towards optimal quality, including empirical studies on bus and underground demand, organizational and political history, and microeconomics of the representative consumer. The book is a valuable source of data for researchers interested in public enterprise economics.
Author :
Publisher :
ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.F/5 ( download)
Download or read book Industrial Organization & Regulation Course Materials written by and published by . This book was released on 1981 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : A. Mitchell Polinsky
Publisher : Elsevier
ISBN 13 : 0444531203
Total Pages : 981 pages
Book Rating : 4.4/5 (445 download)
Download or read book Handbook of law and economics written by A. Mitchell Polinsky and published by Elsevier. This book was released on 2007 with total page 981 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Law can be viewed as a body of rules and legal sanctions that channel behavior in socially desirable directions - for example, by encouraging individuals to take proper precautions to prevent accidents or by discouraging competitors from colluding to raise prices. The incentives created by the legal system are thus a natural subject of study by economists. Moreover, given the importance of law to the welfare of societies, the economic analysis of law merits prominent treatment as a subdiscipline of economics. This two volume Handbook is intended to foster the study of the legal system by economists. The two volumes form a comprehensive and accessible survey of the current state of the field. Chapters prepared by leading specialists of the area. Summarizes received results as well as new developments."--[Source inconnue].
Author :
Publisher :
ISBN 13 :
Total Pages : 968 pages
Book Rating : 4.:/5 (49 download)
Download or read book Journal of Regulatory Economics written by and published by . This book was released on 1992 with total page 968 pages. Available in PDF, EPUB and Kindle. Book excerpt:
