Narrow search
Showing 1 - 10 of 281
Cover Image
About a dispute of some time ago: Umberto Ricci vs Attilio da Empoli
Fusco, Antonio Maria - In: Journal of Economic Studies 28 (2001) September, pp. 299-305
Reconsiders Umberto Ricci’s harsh comments on the book of the young Attilio da Empoli about the Theory of Economic Equilibrium and also re-examines da Empoli’s original theses about “ultramarginality” that aroused Umberto Ricci’s fierce criticism. In his reply, da Empoli punctually...
Persistent link: https://www.econbiz.de/10004976582
Cover Image
Ultramarginal cost in da Empoli’s work: Towards a general approach to the theory of competition
Matteo, Massimo Di; Luini, Luigi - In: Journal of Economic Studies 28 (2001) September, pp. 254-264
Highlights the theory of competition advanced by da Empoli in the late 1920s. The main point is the existence of discontinuities in industrial concerns. This leads to the possibility that prices exceed marginal costs and depend also on ultramarginal costs, a new concept elaborated by da Empoli....
Persistent link: https://www.econbiz.de/10004976602
Cover Image
Ultramarginal cost in da Empoli’s work
Di Matteo, Massimo; Luini, Luigi - In: Journal of Economic Studies 28 (2001) 4/5, pp. 254-264
Highlights the theory of competition advanced by da Empoli in the late 1920s. The main point is the existence of discontinuities in industrial concerns. This leads to the possibility that prices exceed marginal costs and depend also on ultramarginal costs, a new concept elaborated by da Empoli....
Persistent link: https://www.econbiz.de/10014863911
Cover Image
About a dispute of some time ago: Umberto Ricci vs Attilio da Empoli
Fusco, Antonio Maria - In: Journal of Economic Studies 28 (2001) 4/5, pp. 299-305
Reconsiders Umberto Ricci’s harsh comments on the book of the young Attilio da Empoli about the Theory of Economic Equilibrium and also re‐examines da Empoli’s original theses about “ultramarginality” that aroused Umberto Ricci’s fierce criticism. In his reply, da Empoli punctually...
Persistent link: https://www.econbiz.de/10014863914
Cover Image
A note on Launhardt’s market area analysis: the opportunity cost of transportation concept
Backhaus, Ursula - In: Journal of Economic Studies 29 (2002) October, pp. 436-438
An important aspect often overlooked in discussions is the concept of opportunity costs. In this note, location theory …
Persistent link: https://www.econbiz.de/10005009747
Cover Image
A note on Launhardt’s market area analysis: the opportunity cost of transportation concept
Backhaus, Ursula - In: Journal of Economic Studies 29 (2002) 6, pp. 436-438
An important aspect often overlooked in discussions is the concept of opportunity costs. In this note, location theory …
Persistent link: https://www.econbiz.de/10014862994
Cover Image
Transportation oil demand, consumer preferences and asymmetric prices
Broadstock, David C.; Collins, Alan; Hunt, Lester C. - In: Journal of Economic Studies 38 (2011) November, pp. 528-536
Purpose – The aim of this paper is to establish the role of asymmetric price decompositions in UK road transportation fuel demand, make explicit the impact of the underlying energy demand trend, and disaggregate the estimation for gasoline and diesel demand as separate commodities....
Persistent link: https://www.econbiz.de/10010610860
Cover Image
Da Empoli’s theory of equilibrium in retrospect
Meijer, Gerrit - In: Journal of Economic Studies 28 (2001) September, pp. 359-368
the main developments in the 1930s and later on were on market classifications and theories of pricing within these market …
Persistent link: https://www.econbiz.de/10004976555
Cover Image
Competition as a rivalrous process: Attilio da Empoli and the years of high theory that might have been
Wagner, Richard E. - In: Journal of Economic Studies 28 (2001) September, pp. 337-345
The Theory of Economic Equilibrium was written in the period of what George Shackle calls the “Years of High Theory”. Unlike the works that Shackle discusses, da Empoli’s volume received little attention and played no part in shaping the analytical formulations of the time. The Theory of...
Persistent link: https://www.econbiz.de/10004976612
Cover Image
Conditional pricing of risks
Ho, Ron Yiu Wah; Strange, Roger; Piesse, Jenifer - In: Journal of Economic Studies 40 (2013) 1, pp. 88-97
Purpose – This paper aims to examine the pricing effects of risks conditional on market situations. Design …/methodology/approach – The model used to test for the conditional pricing effects of risks is a modified version of Pettengill et al.'s cross …-sectional regression model, based on Hong Kong equity data. Findings – The paper postulates a five-factor asset pricing model, which …
Persistent link: https://www.econbiz.de/10010684924