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This paper is aimed at discussing, within the framework of production microeconomics, the properties of production sets with hidden, non observable management inputs. We assume that the effect of such inputs is to enhance the productivities of factors, and may be described through a...
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This paper studies the optimal production subsidies for domestic firms that compete in an export market against each other as well as against foreign rivals. Assuming that all firms do not have identical cost curves, it shows that the optimal policy for the home government is to give the more...
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Hicks pretendait dans le cadre de l'analyse cout-benefice que la superficie a gauche de la courbe de demande -calculee en supposant que tous les autres marches sont en equilibre- etait egale a la somme des surplus de Dupuit-Marshall sur tous les marches plus le surplus des producteurs. ce papier...
Persistent link: https://www.econbiz.de/10005634422
This paper examines underemployment fluctuations in an OG model with cournotian competition on the market for a good. In the case of constant returns, it demonstrates the existence conditions of a stable two-period cycle (in prices and employment amounts) in the backward perfect foresight...
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In real markets, price adjustment and the matching of buyers and sellers involve considerable exchange of information. Previous experience is also important in partner selection and in the decision to accept a transaction. The dynamic processes involved can be described in terms taken from...
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