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. Such methods tend to ignore many of the essential components of microeconomic theory including convex indifference curves … each class of models. These utility assumptions are then directly contrasted to those of microeconomic theory. The new …
Persistent link: https://www.econbiz.de/10009476614
We undertake a study where we examine changes in the profitability, productivity and price recovery of firms in the U.S. telecommunications industry over a sixteen-year period. We assess the performance of thirty-three major companies in the local-exchange sector over six time periods 1975,...
Persistent link: https://www.econbiz.de/10009476753
What are the conclusions that we have to draw from the foregoing discussion? We must conclude that the prevailing practice of evaluating benefits and costs in terms of present costs and prices is not only likely to lead to an under-statement of actual costs, but also may lead to gross...
Persistent link: https://www.econbiz.de/10009477009
A number of studies have applied non-market valuation techniques to measure the value of cultural goods. Virtually all of these studies are single case applications and rely mostly on stated preferences, such as contingent valuation techniques. We compare the relative value of multiple,...
Persistent link: https://www.econbiz.de/10009477025
Small and medium sized firms play an important role in the process of creative destruction. The focus of the paper is on the international diffusion of small and medium sized firms innovations. Small and medium sized firms face two challenges in globalization: property rights protection and...
Persistent link: https://www.econbiz.de/10009477262
This paper examines the implications of the Heckscher-Ohlin (HO) Model for the patterns of production and trade that will emerge as a country grows. It focuses primarily on world equilibria that include two or more cones of diversification. Starting with the textbook model of two factors and two...
Persistent link: https://www.econbiz.de/10009477290
We examine the determinants of performance of 68 Indian state-owned enterprises in the manufacturing sector for a five-year period: 1987 to 1991. Relative performance is determined using data envelopment analysis, with variations in performance patterns subsequently explained using regression...
Persistent link: https://www.econbiz.de/10009477429
The Banco de España uses various microeconomic models, mostly of an empirical nature, to support its decision-making in relation to the analysis of economic and financial risks and economic policy advice. These models, which complement those of a macroeconomic nature, seeks to identify the...
Persistent link: https://www.econbiz.de/10014502607
El Banco de España utiliza distintos modelos de carácter microeconómico, mayoritariamente de naturaleza empírica, para sustentar su toma de decisiones en relación con el análisis de los riesgos económicos y financieros y del asesoramiento de la política económica. Esta familia de...
Persistent link: https://www.econbiz.de/10014502610
ökonomische Theorie sowie fortgeschrittene quantitative Methoden voraus. Alle neun Aufsätze dieser Dissertation lassen sich in …
Persistent link: https://www.econbiz.de/10009429034