Cost And Choice
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Cost And Choice
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Author : James M. Buchanan
language : en
Publisher: University of Chicago Press
Release Date : 1978
Cost And Choice written by James M. Buchanan and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Business & Economics categories.
"As he usually does, Professor Buchanan has produced an interesting and provocative piece of work. [Cost and Choice] starts off as an essay in the history of cost theory; the central ideas of the book are traced to Davenport and Knight in the United States, and to a series of distinguished writers associated at various times with the London School of Economics. The author emerges from this discussion with what can be described as the ultimate in subjectivist cost doctrines. . . . Economists should learn the lessons offered to us in this little book—and learn them well. It can save them from serious errors."—William J. Baumol, Journal of Economic Literature
Cost Choice And Political Economy
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Author : Jack Wiseman
language : en
Publisher:
Release Date : 1989
Cost Choice And Political Economy written by Jack Wiseman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
This book presents in one volume Professor Wiseman's seminal work on the theory of costs and the economist's treatment of the role of government. The major themes concern the subjectivity of costs and the unknowability of the future. From an initial scepticism about pricing rules, the arguments develop into a comprehensive critique of mainstream economic theory and, more positively, an exposition of the fundamentals of a new political economy grounded in choice-as-opportunity-cost.
Economics
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Author : J. R. Clark
language : en
Publisher:
Release Date : 1987
Economics written by J. R. Clark and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Economics categories.
Economics
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Author : Jeff R. Clark
language : en
Publisher: Houghton Mifflin Harcourt P
Release Date : 1987
Economics written by Jeff R. Clark and has been published by Houghton Mifflin Harcourt P this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Business & Economics categories.
Opportunity Cost
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-04-15
Opportunity Cost written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-04-15 with Business & Economics categories.
What is Opportunity Cost In microeconomic theory, the opportunity cost of a choice is the value of the best alternative forgone where, given limited resources, a choice needs to be made between several mutually exclusive alternatives. Assuming the best choice is made, it is the "cost" incurred by not enjoying the benefit that would have been had by taking the second best available choice. The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen". As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure efficient use of scarce resources. It incorporates all associated costs of a decision, both explicit and implicit. Thus, opportunity costs are not restricted to monetary or financial costs: the real cost of output forgone, lost time, pleasure, or any other benefit that provides utility should also be considered an opportunity cost. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Opportunity cost Chapter 2: Perfect competition Chapter 3: Output (economics) Chapter 4: Sunk cost Chapter 5: Cost Chapter 6: Competitive advantage Chapter 7: Managerial economics Chapter 8: Economic cost Chapter 9: Implicit cost Chapter 10: Operating surplus Chapter 11: Accounting constraints Chapter 12: AP Macroeconomics Chapter 13: Engineering economics Chapter 14: Barriers to exit Chapter 15: Profit (economics) Chapter 16: Shutdown (economics) Chapter 17: Asset Chapter 18: Output (economics) Chapter 19: Return on investment Chapter 20: Economics terminology that differs from common usage Chapter 21: Parable of the broken window (II) Answering the public top questions about opportunity cost. (III) Real world examples for the usage of opportunity cost in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Opportunity Cost.
Economics Cost And Choice
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Author : Clark
language : en
Publisher:
Release Date : 1987
Economics Cost And Choice written by Clark and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.
The Paradox Of Choice
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Author : Barry Schwartz
language : en
Publisher: Harper Collins
Release Date : 2009-10-13
The Paradox Of Choice written by Barry Schwartz and has been published by Harper Collins this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-13 with Psychology categories.
Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.
The Collected Works Of James M Buchanan
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Author : James M. Buchanan
language : en
Publisher:
Release Date : 2002
The Collected Works Of James M Buchanan written by James M. Buchanan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
An index to the series "The Collected works of James M. Buchanan."
Making Choices In Health
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Author : World Health Organization
language : en
Publisher: World Health Organization
Release Date : 2003
Making Choices In Health written by World Health Organization and has been published by World Health Organization this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with CD-ROMs categories.
"The Guide, in Part I, begins with a brief description of generalized CEA and how it relates to the two questions raised above. It then considers issues relating to study design, estimating costs, assessing health effects, discounting, uncertainty and sensitivity analysis, and reporting results. Detailed discussions of selected technical issues and applications are provided in a series of background papers, originally published in journals, but included in this book for easy reference in Part II." (from the back cover).
Health Policy
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Author : David Reisman
language : en
Publisher: Edward Elgar Publishing
Release Date : 2016-01-29
Health Policy written by David Reisman and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-29 with Medical categories.
This lucid and comprehensive book explores the ways in which the State, the market and the citizen can collaborate to satisfy people’s health care needs. It argues that health care is not a commodity like any other. It asks if its unique properties mean that there is a role for social regulation and political management. Apples and oranges can be left to the buyers and the sellers. Health care may require an input from the consensus, the experts, the insurers, the politicians and the bureaucrats as well. David Reisman makes a fresh contribution to the debate. He argues that the three policy issues that are of primary importance are choice, equality and cost. He explores the balance between the patient, the practitioner and public opinion; the disparities in outcome indicators and access to medical care; and the escalation in prices and quantities at the expense of other areas of social life. Reisman concludes that, despite its significance for the individual and the nation, there is no single definition of health or health care. The maximand is a mix. Yet decisions have to be made. This thought-provoking and insightful book will be of use to students and scholars of public policy, social policy and health economics. It will also be of interest to medical practitioners who want to situate hard choices about health and illness in a broad multidisciplinary context.