Download or read book The Monopolistic Competition Revolution in Retrospect written by Steven Brakman and published by Cambridge University Press. This book was released on 2011-07-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Avinash Dixit and Joseph Stiglitz revolutionized the modelling of imperfectly competitive markets and launched "the second monopolistic competition revolution". Experts in the areas of macroeconomics, international trade theory, economic geography, and international growth theory examine the success of the second revolution in this collection of papers. They reveal what appears to be "missing" and look forward to the next step in the modelling of imperfectly competitive markets. The text includes a comprehensive survey of the two monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.
Download or read book The Theory of Monopolistic Competition written by Edward Hastings Chamberlin and published by . This book was released on 1969 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Monopolistic Competition Revolution in Retrospect written by Steven Brakman and published by Cambridge University Press. This book was released on 2001-01-05 with total page 511 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1977 Dixit and Stiglitz revolutionized the modeling of imperfectly competitive markets, launching the second monopolistic competition revolution. This 2003 text includes a comprehensive survey of both monopolistic competition revolutions, and previously unpublished working papers by Dixit and Stiglitz that led to their famous 1977 paper.
Download or read book Economics Broadly Considered written by Jeff E. Biddle and published by Routledge. This book was released on 2001-03-29 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Warren J. Samuels has been a prominent figure in the study of economics in the twentieth century. This book brings together essays by leading scholars in the areas of economics in which Samuels has made his most important contributions: the history of economic thought, economic methodology, and institutional and post-Keynesian economics. This work
Download or read book Coll Sci Pap V5 written by Paul Anthony Samuelson and published by MIT Press. This book was released on 1986 with total page 1074 pages. Available in PDF, EPUB and Kindle. Book excerpt: The col. scient. pap. P.A. Samuelson /Ed. R.C. Merton.-v.5.
Download or read book On Concepts of Capital and Technical Change written by Thomas K. Rymes and published by CUP Archive. This book was released on 1971-09-30 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Issues in Contemporary Macroeconomics and Distribution written by George R. Feiwel and published by State University of New York Press. This book was released on 1985-06-30 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book and its companion volume, Issues in Contemporary Microeconomics and Welfare, capture and convey the spirit, fundamental issues, underlying tensions, rich variety, accomplishments, and failures in contemporary economics. It presents economics as a dynamic subject, showing its strengths and limitations, exploring alternative approaches, and tracing the sources of differences. The essays include original contributions by the theorists themselves; major interpretations, reflections, and assessments by leading economists, and evaluations of particular areas by rising young scholars.
Download or read book Economic Analysis in Historical Perspective written by J. Creedy and published by Butterworth-Heinemann. This book was released on 2014-05-20 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Analysis in Historical Perspective offers a wide discussion on economics and its history. One of the book's main principles is to place the several major areas of economic analysis in historical perspective. The book's first topic is about monetary economics; it includes subtopics such as concepts of money, supply and demand of money, monetary control, and rate of interest. The next chapter highlights the economics of welfare, including its nature, modern issues, classical paradigm, and advancements. In Chapter 4, the main topics are public finance, taxes, and the government's role in all of it. This chapter also elaborates on public expenditure, taxation, and income redistribution. In the last remaining chapters, the discussion circles around the topic's relevant theories, metrics, and statistics. The text serves as a valuable reference to undergraduates or postgraduates of economics.
Download or read book Knowledge Beliefs and Economics written by R. Arena and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this book also suggest the need for a more integrated perspective on the meaning, as well as the role, of knowledge and beliefs in economics in the future. Possible lines of future research such as the extension of the concept of rationality in economics or the focus on cognitive processes in economic action are discussed.
Download or read book Competition and Entrepreneurship written by Israel M. Kirzner and published by University of Chicago Press. This book was released on 2015-07-10 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stressing verbal logic rather than mathematics, Israel M. Kirzner provides at once a thorough critique of contemporary price theory, an essay on the theory of entrepreneurship, and an essay on the theory of competition. Competition and Entrepreneurship offers a new appraisal of quality competition, of selling effort, and of the fundamental weaknesses of contemporary welfare economics. Kirzner's book establishes a theory of the market and the price system which differs from orthodox price theory. He sees orthodox price theory as explaining the configuration of prices and quantities that satisfied the conditions for equilibrium. Mr. Kirzner argues that "it is more useful to look to price theory to help understand how the decisions of individual participants in the market interact to generate the market forces which compel changes in prices, outputs, and methods of production and in the allocation of resources." Although Competition and Entrepreneurship is primarily concerned with the operation of the market economy, Kirzner's insights can be applied to crucial aspects of centrally planned economic systems as well. In the analysis of these processes, Kirzner clearly shows that the rediscovery of the entrepreneur must emerge as a step of major importance.
Download or read book Exchange Rates and Prices written by Jayant Menon and published by Springer Science & Business Media. This book was released on 2013-12-11 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this study is to provide an in-depth analysis of the exchange rate pass-through relationship, using Australian imports of manufactures as a case study. The study begins by piecing together the theoretical literature on exchange rate pass-through, to provide the basis for the development of models for the empirical analysis. To place the empirical analysis m comparative context, a critical survey of the existing empirical literature on exchange rate pass-through is then undertaken. This is followed by a review of aspects of the structure and performance of Australian manufacturing that relate to the theme of the study. Next, the data and methodology are discussed. The analysis of exchange rate pass-through is conducted in two stages. First, it seeks to establish the degree to which Australian dollar (AUD) import prices of total manufactures and 50 product categories contained therein have responded to the massive fluctuations in the AUD during the 1980s. This is done by applying an econometric procedure which avoids the pit-falls in previous studies to a carefully assembled data set. Second, the study investigates the determinants of inter-product differences in the degree of exchange rate pass-through. This is done by relating the pass-through coefficients to a series of variables representing foreign control, quantitative restrictions (QRs), product characteristics and market structure within a cross section regression framework.
Download or read book The Analysis and Evaluation of Public Expenditures the PPB System pt 1 The appropriate functions of government in an enterprise system pt 2 Institutional factors affecting efficient public expenditure policy pt 3 Some problems of analysis in evaluating public expenditure alternatives written by and published by . This book was released on 1969 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Trade and Finance written by Peter B. Kenen and published by Cambridge University Press. This book was released on 2008-07-10 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: The nine papers in this volume were written for a conference on research in international trade and finance held at Princeton University in March 1973. Each author was asked to survey research on one major topic, with a view to answering three questions: What have we learned from recent empirical research? What are the major gaps in present knowledge? How should we go about filling those gaps? When answering the second question, authors were urged to look at the practical requirements of those who must make policy concerning the international economy, and at the opportunities and insights offered by recent developments in pure theory. When answering the third, they were urged to look at developments in econometric technique, newly available data, and work in progress in related fields.
Download or read book Selected Works of Joseph E Stiglitz written by Joseph E. Stiglitz and published by Oxford University Press. This book was released on 2019-06-20 with total page 1116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the third volume in a new, definitive, six-volume edition of the works of Joseph Stiglitz, one of today's most distinguished and controversial economists. Stiglitz was awarded the Nobel Prize in Economics in 2001 for his work on asymmetric information and is widely acknowledged as one of the pioneers in the field of modern information economics and more generally for his contributions to microeconomics. Volume III contains a selection of Joseph E. Stiglitz's work on microeconomics. It questions well-established tenets, including many that are so fundamental they are almost taken for granted, covering basic concepts of risk and markets; the management of risk; the theory of the firm; the economics of organization; and theory of human behaviour. Stiglitz reflects on his work and the field more generally throughout the volume by including substantial original introductions to the Selected Works, the volume as a whole, and each part within the volume.
Download or read book Bertil Ohlin written by Ronald Findlay and published by MIT Press. This book was released on 2002 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bertil Ohlin, international trade theorist, winner of the 1977 Nobel Prize in Economics, and leader of the Swedish Liberal Party for more than twenty years, is considered to be the major single influence on the development of international economics in the twentieth century. This volume, celebrating the centennial of Ohlin's birth, examines his life and his influence on modern economic thought. It also contains the first English translation of his licentiate thesis, in which he first set out his theory of international trade.
Download or read book Fundamentals Of General Equilibrium Analysis written by Takashi Suzuki and published by World Scientific. This book was released on 2020-09-03 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this book is to incorporate Marshallian ideas such as external increasing returns and monopolistic competitions into the general equilibrium framework of Walrasian tradition. New chapters and sections have been added to this revised and expanded edition of General Equilibrium Analysis of Production and Increasing Returns (World Scientific, 2009).The new material includes a presentation of equilibrium existence and core equivalence theorems for an infinite horizon economy with a measure space of consumers. These results are currently the focus of extensive studies by mathematical theorists, and are obtained by an application of an advanced mathematical concept called saturated (super-atomless) measure space.The second major change is the inclusion of a simple toy model of a liberal society which implements the difference principle proposed by J Rawls as a principle of distributive justice. This new section opens up a possibility to connect theoretical economics and political philosophy.Thirdly, the author presents the marginal cost pricing equilibrium and discusses welfare properties of the external increasing returns, which also belong to Marshall/ Pigou tradition of the Cambridge school.Finally, a new mathematical appendix treats basics of singular homology theory. Although the fixed point theorem is originally a theorem of algebraic topology, most economic students know its proof only in the context of the differentiable manifold theory presented by J Milnor. Considering the significance of the fixed point theorem and its playing a key role in general equilibrium theory, the purpose of this new appendix is to provide readers with the idea of a proof of Brower's fixed point theorem from the 'right place'.This volume will be helpful for graduate students and researchers of mathematical economics, game theory, and microeconomics.
Download or read book Handbook of the Circular Economy written by Miguel Brandão and published by Edward Elgar Publishing. This book was released on 2020-12-25 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: This crucial Handbook brings together the latest thinking on the circular economy, an area that has increasingly caught global attention. Contributors explore a broad range of themes such as recycling systems and new business models, as well as consolidating the many ways in which the topic has been dealt with in research, business and policy-making. The Handbook of the Circular Economy is not only relevant, but also essential for students, academics, and policy-makers trying to make sense of the plethora of ways in which the term has been applied and interpreted.
