Producers Consumers and Partial Equilibrium

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  • Publisher : Academic Press
  • Release : 26 November 2016
  • ISBN : 9780128110249
  • Page : 422 pages
  • Rating : 4.5/5 from 103 voters

Producers Consumers and Partial Equilibrium Book PDF summary

Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial equilibrium among these economic actors. The book pulls together foundational content from many classic sources and organizes it in a self-contained format that rigidly adheres to optimization as the central behavioral postulate and analytical tool for economic theory. The book maintains a sharp focus on the properties of outcomes from optimizing behavior in varying environments. These properties are the refutable hypotheses from each optimization behavioral postulate, and they form the core content of this positive economic theory. In so doing, the book presents and documents the underlying formal structure of the theory with a higher degree of integration and completeness than is typical of Ph.D. textbooks in microeconomics. Includes comprehensive, focused and unified coverage of the mathematics required for the core theories of producer and consumer choice, and partial equilibrium Presents a generalized envelope theorem as a key source of refutable hypotheses Delineates the role of active versus inactive constraints in generating refutable hypotheses Discusses convex functions in economic optimization environments Presents the full formal details of core producer and consumer and producer theory in a unified and systematic manner Emphasizes the refutable hypotheses resulting from behavioral postulates and the completeness (duality) of those hypotheses for the postulated behavior within microeconomics Includes end-of-chapter exercises, full index, and an instructor’s solutions manual Includes a concordance that matches its chapters with those of major textbooks

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Producers, Consumers, and Partial Equilibrium

Producers, Consumers, and Partial Equilibrium
  • Author : David Mandy
  • Publisher : Academic Press
  • Release Date : 2016-11-26
  • ISBN : 9780128110249
DOWNLOAD BOOKProducers, Consumers, and Partial Equilibrium

Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial equilibrium among these economic actors. The book pulls together foundational content from many classic sources and organizes it in a self-contained format that rigidly adheres to optimization as the central behavioral postulate and analytical tool for economic theory. The

Introduction to Computable General Equilibrium Models

Introduction to Computable General Equilibrium Models
  • Author : Mary E. Burfisher
  • Publisher : Cambridge University Press
  • Release Date : 2011-02-21
  • ISBN : 9781139496599
DOWNLOAD BOOKIntroduction to Computable General Equilibrium Models

Computable general equilibrium (CGE) models are widely used by governmental organizations and academic institutions to analyze the economy-wide effects of events such as climate change, tax policies and immigration. This book provides a practical, how-to guide to CGE models suitable for use at the undergraduate college level. Its introductory level distinguishes it from other available books and articles on CGE models. The book provides intuitive and graphical explanations of the economic theory that underlies a CGE model and includes many

Production Quota Buyouts

Production Quota Buyouts
  • Author : Dwayne J. Haynes
  • Publisher : Unknown
  • Release Date : 2013
  • ISBN : OCLC:884960792
DOWNLOAD BOOKProduction Quota Buyouts

Under a treasury buyout (TB), producers gain, consumers are not taxed to fund the buyout, and society does not face efficiency losses due to the buyout. For these reasons, producers, consumers, and society favor a TB over a CTB. The third paper analyzes and compares the impact of the US Tobacco Quota Buyout within both a partial and a general-equilibrium framework. In a partial-equilibrium framework (as presented in the first paper) a tobacco quota buyout results in producer gains, consumer

Measuring the Impact of Distortions in Agricultural Trade in Partial and General Equilibrium

Measuring the Impact of Distortions in Agricultural Trade in Partial and General Equilibrium
  • Author : Stephen Tokarick
  • Publisher : International Monetary Fund
  • Release Date : 2003-05
  • ISBN : UCSD:31822033610601
DOWNLOAD BOOKMeasuring the Impact of Distortions in Agricultural Trade in Partial and General Equilibrium

This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies) in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger distortionary impact than subsidies. Removal of agricultural support would likely raise the international prices of food, resulting in an increase in the cost of food for many net-food- importing countries, although the increase is generally small. The results also show that most

Spatial Analysis and Planning under Imprecision

Spatial Analysis and Planning under Imprecision
  • Author : Y. Leung
  • Publisher : Elsevier
  • Release Date : 2013-10-22
  • ISBN : 9781483290096
DOWNLOAD BOOKSpatial Analysis and Planning under Imprecision

The book deals with complexity, imprecision, human valuation, and uncertainty in spatial analysis and planning, providing a systematic exposure of a new philosophical and theoretical foundation for spatial analysis and planning under imprecision. Regional concepts and regionalization, spatial preference-utility-choice structures, spatial optimization with single and multiple objectives, dynamic spatial systems and their controls are analyzed in sequence. The analytical framework is based on fuzzy set theory. Basic concepts of fuzzy set theory are first discussed. Many numerical examples and empirical

Domestic Distorions and International Trade

Domestic Distorions and International Trade
  • Author : Anonim
  • Publisher : World Bank Publications
  • Release Date : 2022-08-14
  • ISBN : 0987654321XXX
DOWNLOAD BOOKDomestic Distorions and International Trade

Handbook of Research Methods and Applications in Economic Geography

Handbook of Research Methods and Applications in Economic Geography
  • Author : Charlie Karlsson,Martin Andersson,Therese Norman
  • Publisher : Edward Elgar Publishing
  • Release Date : 2015-02-27
  • ISBN : 9780857932679
DOWNLOAD BOOKHandbook of Research Methods and Applications in Economic Geography

The main purpose of this Handbook is to provide overviews and assessments of the state-of-the-art regarding research methods, approaches and applications central to economic geography. The chapters are written by distinguished researchers from a variet

Natural Resources as Capital

Natural Resources as Capital
  • Author : Larry Karp
  • Publisher : MIT Press
  • Release Date : 2017-10-27
  • ISBN : 9780262534055
DOWNLOAD BOOKNatural Resources as Capital

An introduction to the concepts and tools of natural resource economics, including dynamic models, market failures, and institutional remedies. This introduction to natural resource economics treats resources as a type of capital; their management is an investment problem requiring forward-looking behavior within a dynamic setting. Market failures are widespread, often associated with incomplete or nonexistent property rights, complicated by policy failures. The book covers standard resource economics topics, including both the Hotelling model for nonrenewable resources and models for renewable

International Economics

International Economics
  • Author : Hendrik Van den Berg
  • Publisher : Routledge
  • Release Date : 2016-11-17
  • ISBN : 9781317370659
DOWNLOAD BOOKInternational Economics

Now in its third edition, Hendrik Van den Berg’s International Economics: A Heterodox Approach covers all of the standard topics taught in undergraduate international economics courses. Written in a friendly and approachable style, this new edition is unique in that it presents the key orthodox neoclassical models of international trade and investment, while supplementing them with a variety of heterodox approaches. This pluralist approach is intended to give economics students a more realistic understanding of the international economy than

Plant Pest Risk Analysis

Plant Pest Risk Analysis
  • Author : Christina Devorshak
  • Publisher : CABI
  • Release Date : 2012
  • ISBN : 1780641990
DOWNLOAD BOOKPlant Pest Risk Analysis

This text provides instruction on the concepts and application of risk analysis in the field of regulatory plant protection, covering topics such as the background on why and how risk analysis is conducted and specific methods for implementing risk analysis. This book also provides useful exercises and case studies to aid students of plant pathology and crop protection in their absorption of the subject. Equally useful for practitioners, this book is written by experts with a wealth of national and

Intermediate Microeconomics

Intermediate Microeconomics
  • Author : Patrick M. Emerson
  • Publisher : Unknown
  • Release Date : 2019
  • ISBN : OCLC:1235769692
DOWNLOAD BOOKIntermediate Microeconomics

Lecture Notes In International Trade Theory: Classical Trade And Applications

Lecture Notes In International Trade Theory: Classical Trade And Applications
  • Author : Larry S Karp
  • Publisher : World Scientific
  • Release Date : 2021-12-08
  • ISBN : 9789811249884
DOWNLOAD BOOKLecture Notes In International Trade Theory: Classical Trade And Applications

Lecture Notes in International Trade Theory covers classical international trade models (including the Ricardian, Ricardo Viner, and Heckscher-Ohlin-Samuelson models). The course is designed for M.Sc. and first year PhD students. It relies on both graphical and analytic methods, requiring only intermediate microeconomics and a solid grounding in calculus. The material emphasizes 'second-best' settings, where markets are imperfect. The goal is to equip students with a good enough understanding of open-economy general equilibrium relations that they understand how distortions ripple

Revolution Or Renaissance

Revolution Or Renaissance
  • Author : D. Paul Schafer
  • Publisher : University of Ottawa Press
  • Release Date : 2008-04-29
  • ISBN : 9780776617732
DOWNLOAD BOOKRevolution Or Renaissance

In Revolution or Renaissance, D. Paul Schafer subjects two of the most powerful forces in the world – economics and culture – to a detailed and historically sensitive analysis. He argues that the economic age has produced a great deal of wealth and unleashed tremendous productive power; however, it is not capable of coming to grips with the problems threatening human and non-human life on this planet. After tracing the evolution of the economic age from the publication of Adam Smith's The

User's Guide to RMM Software

User's Guide to RMM Software
  • Author : J. Ross Arnold
  • Publisher : Unknown
  • Release Date : 1991
  • ISBN : MINN:31951D030010519
DOWNLOAD BOOKUser's Guide to RMM Software

Environmental Problems of Central Asia and their Economic, Social and Security Impacts

Environmental Problems of Central Asia and their Economic, Social and Security Impacts
  • Author : Jiaguo Qi,Kyle T. Evered
  • Publisher : Springer Science & Business Media
  • Release Date : 2008-10-11
  • ISBN : 9781402089602
DOWNLOAD BOOKEnvironmental Problems of Central Asia and their Economic, Social and Security Impacts

Over the last 60 years, we have recognized increasingly that our world is connected, and the impacts of environmental catastrophes and economic crises in one region of our world have far-reaching and long-lasting consequences globally. Central Asia is a developing region with great potential, but there are valid concerns that current resource management practices are not sustainable, particularly with regard to the management of water resources. Recent changes in social structures, accompanied by regional climate change, have caused substantial environmental changes