Download or read book Intermediate Microeconomics written by Patrick M. Emerson and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Risk Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Download or read book Comparative Competition Law and Economics written by Roger J. Van den Bergh and published by Edward Elgar Publishing. This book was released on 2017-09-29 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offering a concise and critical comparison of EU competition law and US antitrust law from an economic perspective, this is the ideal textbook for international and interdisciplinary courses combining law and economic approaches.
Download or read book Recent Developments in the Theory of Industrial Organization written by Alfredo Del Monte and published by Springer. This book was released on 2016-07-27 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: New forms of organisation and market behaviour are emerging to replace and reshape older forms. This has produced great uncertainty in industrial organization theory. The purpose of this volume is to review and present some of the new approaches developed in industrial organization. The material is organised into four sections: recent approaches to Industrial Organisation, the behaviour of individual firms and the characteristics of industrial systems as a whole, new theories of the firm and market structure and technical progress and market structure - some special issues.
Download or read book Post Keynesian Theories of the Firm written by Nobantu L. Mbeki and published by Taylor & Francis. This book was released on 2023-04-07 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within Post-Keynesian economics there is a spectrum of approaches to theories of the firm but what they have in common, to their great benefit, is a proper integration of the concept of radical uncertainty: data that cannot be known. This book revisits Kalecki’s theory of the firm is located to show that it constitutes fertile theoretical ground on which to systematically understand the resultant indeterminacy when firms operate under conditions of radical uncertainty. The author proposes a way of generalising radical uncertainty by integrating some of the separate approaches within Post-Keynesian economics centred around Kalecki’s work. Through this, it is shown that radical uncertainty does more than just change the ultimate motivation of firms (dropping short run profit maximisation; more complex motivation; interconnectivity with the environment), it is central to the emergence, existence and motivation of firms, and critically also firm strategy. It is argued that firms do not simply respond to uncertainty: it is the systematic cause of their intentional behaviour. Through developing these arguments, the book also contributes to the methodology of Kalecki and Shackle, as well as Kaleckian price theory. This book will be important reading for anyone interested in theories of the firm, Post-Keynesian economics and heterodox approaches to economics more broadly.
Download or read book European Competition written by F.J.L. Somers and published by Routledge. This book was released on 2019-11-15 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe is increasingly becoming an everyday reality for many companies, not only for large corporations but small and medium-sized enterprises as well. European Competition offers students an introduction to the field of competition, cooperation and competition policy in the EU. To increase students' understanding of the workings of the Internal Market, most chapters start with case-studies. The book focuses on the subject areas economics and law and is written from both a business and a social/legal perspective. European Competition is an essential introductory textbook for students at both undergraduate and graduate levels in a wide range of degree and professional programmes. Including Economics, MBA and Law. It is of particular relevance to students interested in the European context of these disciplines and can be used as a core textbook for courses in European Integration or Business and International Environment in Europe and other parts of the world. This text is complementary to the book European Business Environment.
Download or read book Fairtrade and Market Failures in Agricultural Commodity Markets written by Loraine Ronchi and published by World Bank Publications. This book was released on 2006 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper concerns an NGO intervention in agricultural commodity markets known as Fairtrade. Fairtrade pays producers a minimum unit price and provides capacity building support to member cooperative organizations. Fairtrade's organizational capacity support targets those factors believed to reduce the commodity producer's share of returns. Specifically, Fairtrade justifies its intervention in markets like coffee by claiming that market power and a lack of capacity in producer organizations 'marks down' the prices producers receive. As the market share of Fairtrade coffee grows in importance, its intervention in commodity markets is of increasing interest. Using an original data set collected from fieldwork in Costa Rica, this paper assesses the role of Fairtrade in overcoming the market factors it claims limits producer returns. Features of the Costa Rican input market for coffee permit a generalization of the results. The empirical results find that market power is a limiting factor in the Costa Rican market and that Fairtrade does improve the efficiency of cooperatives, thereby increasing the returns to producers. These results do not depend on the minimum price policy of Fairtrade and therefore can inform on its organizational support activities. Finally, the results also suggest that producers selling to vertically integrated, multinational coffee mills face lower producer price 'mark-downs' compared with domestically owned non-cooperative mills. This result contradicts the popular view that the increasing concentration of vertically integrated multinational firms accounts for a decline in producers' share of coffee returns.
Download or read book Industrial Economics and Organization written by Donald A. Hay and published by Oxford University Press, USA. This book was released on 1991 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revised textbook for students specializing in industrial economics, giving a comprehensive review of recent theoretical and empirical works and emphasizing the need to relate the two to one another.
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2007 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Theory of the Growth of the Firm written by Edith Penrose and published by Oxford University Press. This book was released on 2009 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Edith Penrose's tightly argued classic laid the foundations for the resource based view of the firm, now the dominant framework in business strategy She analyses managerial activities and decisions, organizational routines, and also the factors that inevitably limit a firm's growth prospects. --from publisher's description.
Download or read book Engineering Economics and Financial Accounting written by Kesavan and published by Firewall Media. This book was released on 2005 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Theory of the Growth of the Firm written by Edith Penrose and published by OUP Oxford. This book was released on 2009-09-24 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: There are not many books that are genuine classics, and only a handful in business and management whose insights and ideas last for 50 years and more. This book is one of the very few 'must reads' for anybody seriously interested in the role of management within the firm. Originally published in 1959, The Theory of the Growth of the Firm has illuminated and inspired thinking in strategy, entrepreneurship, knowledge creation, and innovation. Edith Penrose's tightly-argued classic laid the foundations for the resource based view of the firm, now the dominant framework in business strategy. She analyses managerial activities and decisions, organizational routines, and also the factors that inevitably limit a firm's growth prospects. For this new anniversary edition, Christos Pitelis has written a new introduction which both tells the story of Penrose's extraordinary life, and provides a balanced assessment of her key ideas and their continuing relevance and freshness.
Download or read book Information Exchanges Among Firms and Their Impact on Competition written by Kai-Uwe Kühn and published by . This book was released on 1995 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The report assesses the initiatives for information exchange among firms and their consequences for welfare with a view towards the design of competition policy in this domain. To this end the report surveys critically the academic literature on static and dynamic models of competition in their relation to information exchange and examines the main antitrust legislation and cases in Europe and the US."--Page i.
Download or read book Fisheries and Uncertainty written by Daniel Vernon Gordon and published by Calgary : University of Calgary Press. This book was released on 1996 with total page 528 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent catastrophe in Atlantic fisheries resource management has important national and international implications that we would ignore at our peril. While Atlantic Canada is the specific focus of the papers in this book, the problems addressed are global. A fundamental reorientation of the economics of fisheries management is needed in which far greater prominence is given to the role of uncertainty.
Download or read book Psychology Rationality and Economic Behaviour written by B. Agarwal and published by Springer. This book was released on 2005-08-03 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has paid little attention to the psychology of economic behaviour, leading to somewhat simplistic assumptions about human nature. The psychological aspects have typically been reduced to standard utility theory, based on a narrow conception of rationality and self-interest maximization. The contributions in this volume, some focused on analytical models and methodology, others on laboratory and field experiments, challenge these assumptions, and provide novel and complex understandings of human motivation and economic decision-making. With a pioneering introduction by the book's two editors, this volume brings together exciting contributions to a field that is rapidly growing in influence and reach.
Download or read book Modern Microeconomics written by A. Koutsoyiannis and published by Springer. This book was released on 1975-11-01 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trawling for Minnows written by Damien J. Neven and published by Centre for Economic Policy Research. This book was released on 1998 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the policy of the European Union towards agreements between firms from three perspectives. First, it considers what the literature in industrial economics has to say about the effects of such agreements on competition, and about the consequent rationale for public intervention. Second, it examines the decisions of the European Commission and the European Court, asking to what extent these are consistent with the recommendations that emerge from the scientific literature. Third, it looks at the procedures of the Commission and the way it undertakes investigations and reaches decisions, in order to see to what extent these procedures represent an appropriate means of implementing a defensible policy.
