Download or read book Prices for Homogenous Cost Functions written by Leonard J. Mirman and published by . This book was released on 1983 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Theory of Cost and Production Functions written by Ronald William Shephard and published by Princeton University Press. This book was released on 2016-04-19 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: A sequel to his frequently cited Cost and Production Functions (1953), this book offers a unified, comprehensive treatment of these functions which underlie the economic theory of production. The approach is axiomatic for a definition of technology, by mappings of input vectors into subsets of output vectors that represent the unconstrained technical possibilities of production. To provide a completely general means of characterizing a technology, an alternative to the production function, called the Distance Function, is introduced. The duality between cost function and production function is developed by introducing a cost correspondence, showing that these two functions are given in terms of each other by dual minimum problems. The special class of production structures called Homothetic is given more general definition and extended to technologies with multiple outputs. Originally published in 1971. 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.
Download or read book Cost and Production Functions written by Ronald William Shephard and published by . This book was released on 1953 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Production and Cost Functions written by Erkin Bairam and published by Routledge. This book was released on 2018-04-27 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. The objective of this book is to discuss specification and applications of new production, cost and profit functions. It is aimed at specialists in production, economic growth, costs, profits and applied econometrics in particular.
Download or read book A Note on Monotone Price Rules for Homogeneous Cost Functions written by Ori Haimanko and published by . This book was released on 1999 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Technical Bulletin written by and published by . This book was released on 1989 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Chicago Price Theory written by Sonia Jaffe and published by Princeton University Press. This book was released on 2019-09-10 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Price theory is a powerful analytical toolkit for measuring, explaining, and predicting human behavior in the marketplace. This incisive textbook provides an essential introduction to the subject, offering a diverse array of practical methods that empower students to learn by doing.
Download or read book Production and Cost Functions and Their Application to the Port Sector written by Lourdes Trujillo and published by World Bank Publications. This book was released on 2003 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seaports provide multiple services to ships, cargo, and passengers. These services can be performed by a combination of public and private initiatives. Usually, the role of public sector institutions is to regulate and supervise private firms. In performing that task public sector institutions require in-depth knowledge of firms' cost structure. This paper offers a review of the literature about ports' cost structure and of its implications for regulation. The paper argues that the operation of port terminals should be analyzed by means of multiproduct theory. This approach allows the calculation of several cost indicators (economies of scale, scope, and so forth) which are key tools to help regulators. This paper--a product of the Finance and Private Sector Development Division, World Bank Institute--is part of a larger effort in the institute to provide policy-relevant material to infrastructure regulators and policymakers.
Download or read book Some Propositions on Cost Functions written by Norman K. Womer and published by . This book was released on 1980 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, a model is developed for a firm producing to an order which specifies a quantity and a delivery date for output. The order serves to constrain a production program which minimizes the discounted cost of producing at a constant output rate. The model is formed by augmenting a homogenous production function with a learning hypothesis and deriving a cost function. The cost function is then compared to several results due to Alchian, Hirshleifer, and Oi.
Download or read book Demand Supply and Welfare Aspects of Pipe borne Water in Sri Lanka written by Dinusha Dharmaratna and published by Cambridge Scholars Publishing. This book was released on 2011-09-22 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water institutions establish the incentives, information, and compulsions that guide behaviour and influence economic outcomes. Water pricing policies that reflect the marginal cost of supply can bring about several positive benefits in the pipe-borne water sector including: 1) greater water use efficiency; 2) an increase in revenues that can be utilised to improve services; and 3) additional funds to enhance and expand the operation and maintenance of pipe-borne water supply systems. In order to design an appropriate pricing policy and bring about these positive changes, managers of pipe-borne water supply systems require an understanding of the determinants of water demand, supply and welfare changes. Further, the use of economic methodologies to estimate the effects of factors that influence pipe-borne water demand, supply and welfare in developing nations can assist water utility operators and policy makers to predict consumption responses to changes in water pricing. In turn, this provides important evidence for these decision makers to determine if price changes will result in higher revenues that can be used to fund critical infrastructure extension and maintenance. This is particularly important for developing nations where revenue constraints on water authorities can limit access to pipe-borne water supplies for large sections of the population. This book identifies under-pricing as the major problem faced by the Sri Lankan pipe-borne water sector. Recently, the water authority in Sri Lanka restructured its pricing strategy for pipe-borne water with the objectives of reducing water consumption and expanding the network. However, the success of the current pricing structure in achieving these objectives is uncertain. Therefore, to overcome the problems, this study examines the use of cost-reflective alternative pricing strategies for pipe-borne water distribution services. The book evaluates current and alternative pricing strategies for water against the criteria of efficiency and equity while maintaining the financial viability of the national water utility. In order to analyse the welfare impacts, understanding the demand for pipe-borne water by different user groups and the cost of pipe-borne water provision must be considered.
Download or read book Productivity Cost Structure and Pricing in Urban Bus Transport written by Sanjay Kumar Singh and published by Amani Int'l Publishers. This book was released on 2006 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cities play a vital role in economic growth and prosperity. Sustainable development of cities largely depends upon their physical, social and institutional infrastructure. In this context, the importance of transportation system is paramount. Urban transportation is probably the single most important component instrumental in shaping urban development and urban living. While urban areas may be viewed asengines of growth, urban transport is, figuratively and literally, the wheel of that engine. As cities expand to the point where walking can no longer satisfy the mobility requirements of the people, public transport becomes the major mode of transportation. Until recently the main function of public transport was to satisfy the individual needs of the less affluent members of the society. Now, it is requiredto attract all segments of the society to provide congestion relief and environmental preservation. Productivity improvement and efficiency in the public transport system must be concerned not only with keeping costs down, but also with providing a flexible framework within which all income groups can use public transport with confidence and convenience.
Download or read book Essays in Transportation Economics and Policy written by Jose A. Gomez-Ibanez and published by Brookings Institution Press. This book was released on 2011-01-01 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive survey of transportation economic policy pays homage to a classic work, Techniques of Transportation Planning, by renowned transportation scholar John R. Meyer. With contributions from leading economists in the field, it includes added emphasis on policy developments and analysis. The book covers the basic analytic methods used in transportation economics and policy analysis; focuses on the automobile, as both the mainstay of American transportation and the source of some of its most serious difficulties; covers key issues of urban public transportation; and analyzes the impact of regulation and deregulation on the U.S. airline, railroad, and trucking industries. In addition to the editors, the contributors are Alan A. Altshuler, Harvard University; Ronald R. Braeutigam, Northwestern University; Robert E. Gallamore, Union Pacific Railroad; Arnold M. Howitt, Harvard University; Gregory K. Ingram, The Wold Bank; John F. Kain, University of Texas at Dallas; Charles Lave, University of California, Irvine; Lester Lave, Carnegie Mellon University; Robert A. Leone, Boston University; Zhi Liu, The World Bank; Herbert Mohring, University of Minnesota; Steven A. Morrison, Northeastern University; Katherine M. O'Regan, Yale University; Don Pickrell, U.S. Department of Transportation; John M. Quigley, University of California, Berkeley; Ian Savage, Northwestern University; and Kenneth A. Small, University of California Irvine.
Download or read book Demand and Supply of Aggregate Exports of Goods and Services written by Hubert M. Strauss and published by Springer Science & Business Media. This book was released on 2004 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Focus on Macroeconomics Research written by Lawrence Z. Pelzer and published by Nova Publishers. This book was released on 2005 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Macroeconomics is that part of economics that focuses on economic growth and economic fluctuations. In a world under the push and pull of globalisation, it becomes crucial for the Developed Countries as well as the Developing Countries. It is necessary for some countries and companies to find the best regions to invest in while it is necessary for others to grow and compete for investment at the same time. This new book brings together an impressive array of research valuable for providing important insight into the international financial currents rippling around the world.
Download or read book India s Emerging Financial Market written by Tomoe Moore and published by Routledge. This book was released on 2007-09-27 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the early 1990s, financial liberalization started in India, and it was thought that such reforms would increase economic growth. This book is the first study to comprehensively apply the flow of funds model for India.
Download or read book Notes and Problems in Microeconomic Theory written by Peter B. Dixon and published by Elsevier. This book was released on 2012-12-02 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a unique approach to microeconomic theory, this book constructs (and proposes solutions to) major problems in mathematical programming, the theory of consumer demand, the theory of production, and welfare economics. Readers can thereby derive for themselves many of the major results achieved in microeconomics. Introductory notes set the scene for each chapter, and the subsequent sets of problems and annotated reading lists guarantee the reader a thorough grounding in microeconomic theory.
Download or read book Modeling Environmental Policy written by Wade E. Martin and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modeling Environmental Policy demonstrates the link between physical models of the environment and policy analysis in support of policy making. Each chapter addresses an environmental policy issue using a quantitative modeling approach. The volume addresses three general areas of environmental policy - non-point source pollution in the agricultural sector, pollution generated in the extractive industries, and transboundary pollutants from burning fossil fuels. The book concludes by discussing the modeling efforts and the use of mathematical models in general.
