Economics Of Efficiency
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Economics Of Efficiency
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Author : Norris Arthur Brisco
language : en
Publisher:
Release Date : 1990
Economics Of Efficiency written by Norris Arthur Brisco and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with categories.
Economics Of Efficiency
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Author : Norris a Brisco
language : en
Publisher: Legare Street Press
Release Date : 2023-07-18
Economics Of Efficiency written by Norris a Brisco and has been published by Legare Street Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-18 with categories.
This book explores the concept of economic efficiency and its applications in various fields such as finance, management, and engineering. It provides a comprehensive framework for understanding the optimization of resources and decision-making processes. With real-world examples and case studies, Brisco explains how to measure and improve efficiency in different contexts. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Economic Efficiency In Law And Economics
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Author : Richard O. Zerbe
language : en
Publisher: Edward Elgar Publishing
Release Date : 2002-01-01
Economic Efficiency In Law And Economics written by Richard O. Zerbe 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 2002-01-01 with Law categories.
Economic Efficiency in Law and Economics is an interesting and worthwhile book. Megan Richardson, Economic Record Zerbe s new book is high-powered and potentially important. Bill Goodman, Monthly Labor Review In this path-breaking book, Richard Zerbe introduces a new way to think about the concept of economic efficiency that is both consistent with its historical derivation and more useful than concepts currently used. He establishes an expanded version of Kaldor Hicks efficiency as an axiomatic system that performs the following tasks: the new approach obviates certain technical and ethical criticisms that have been made of economic efficiency; it answers critics of efficiency; it allows an expanded range for efficiency analysis; it establishes the conditions under which economists can reasonably say that some state of the world is inefficient. He then applies the new analysis to a number of hard and fascinating cases, including the economics of duelling, cannibalism and rape. He develops a new theory of common law efficiency and indicates the circumstances under which the common law will be inefficient. The book will be of great interest to scholars, students, and practitioners interested in the concept of economic efficiency and how it should be applied to law and economics.
Truth Or Economics
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Author : Richard S. Markovits
language : en
Publisher: Yale University Press
Release Date : 2008-10-01
Truth Or Economics written by Richard S. Markovits and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-10-01 with Business & Economics categories.
Is economic efficiency a sound basis upon which to make public policy or legal decisions? In this sophisticated analysis, Richard S. Markovits considers the way in which scholars and public decision-makers define, predict, and assess the moral and legal relevance of economic efficiency. The author begins by identifying imperfections in the traditional definition of economic efficiency. He then develops and illustrates an appropriate response to Second-Best Theory and investigates the moral and legal relevance of economic-efficiency analyses. Not only do virtually all economic, legal, and public policy thinkers misdefine economic efficiency, the author concludes, they also ignore or respond inadequately to Second-Best Theory when analyzing the economic efficiency of public choices and misassess the relevance of economic-efficiency conclusions both for moral evaluations and for the answer to legal-rights questions that is correct as a matter of law.
Economics Of Efficiency Classic Reprint
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Author : Norris A. Brisco
language : en
Publisher: Forgotten Books
Release Date : 2017-12
Economics Of Efficiency Classic Reprint written by Norris A. Brisco and has been published by Forgotten Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12 with categories.
Excerpt from Economics of Efficiency The growing complexity of the American industrial system and the increasing keenness of competition have introduced a new era in business. Goods are produced and sold on small margins, and the extent of profits de pends ln a large measure upon efficiency. A new busi ness science has grown up in our midst, and it may be called the science of efficiency. Efficiency is the watchword of future industrial progress, growth, and expansion. The nation which produces with the greatest efficiency will be the one which will lead the van of industrial nations. The business man who heeds the edicts of efficiency will be the one who will be able to produce at the least cost, and to command markets. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
The General Theory Of Economic Efficiency
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Author : Stephan H. Loh
language : en
Publisher:
Release Date : 1999
The General Theory Of Economic Efficiency written by Stephan H. Loh and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Economics categories.
Welfare Economics And Second Best Theory
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Author : Richard S. Markovits
language : en
Publisher: Springer Nature
Release Date : 2020-05-30
Welfare Economics And Second Best Theory written by Richard S. Markovits and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-05-30 with Business & Economics categories.
This book examines the implications of The General Theory of Second Best for analyzing the economic efficiency of non-government conduct or government policies in an economically efficient way. It develops and legitimates an economically efficient economic-efficiency-analysis protocol with three unique characteristics: First, the protocol focuses separately on each of a wide variety of categories of economic inefficiency, many of which conventional analyses ignore. Second, it analyzes the impact of conduct or policies on each of these categories of economic inefficiency, primarily by predicting the respective conduct’s/policy’s impact on the distortion that the economy’s various Pareto imperfections generate in the profits yielded by the resource allocations associated with the individual categories of economic inefficiency—i.e., on the difference between their profitability and economic efficiency. And third, it is third-best—i.e., it instructs the analyst to execute a theoretical or empirical research project if and only if the economic-efficiency gains the project is expected to generate by increasing the accuracy of economic-efficiency conclusions exceed the predicted allocative cost of its execution and public financing. The book also uses the protocol to analyze the economic efficiency of specific policies so as to illustrate both how it differs from the protocols that most applied welfare economists continue to use and how its conclusions differ from those produced by standard analysis.
The Economic Efficiency Of Financial Markets
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Author : Jan Mossin
language : en
Publisher:
Release Date : 1977
The Economic Efficiency Of Financial Markets written by Jan Mossin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Finance categories.
Economic Efficiency Of The Organizational Decisions Of The Firm
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Author : Ramamohan T.V.S. Rao
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Economic Efficiency Of The Organizational Decisions Of The Firm written by Ramamohan T.V.S. Rao and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Over the past several years there has been an awareness that mar kets, contractual arrangements, and hierarchical organizations can be uti lized as alternative modes of coordinating resource utilization in the con text of the firm. In most practical situations mixed forms of organization are more frequent. That is, non-market coordination mechanisms are being utilized even in predominantly market oriented economies. The reasons for the use of one of these organizational modes over the others are still being examined extensively. Very often, asset specificity and bilateral monopoly, risk sharing under uncertainty, transaction cost considerations, and/or technological externalities (economies of scope) have been considered as the major reasons for preferring one of these modes over the others. However, the ultimate effect on the performance of the firm, of any of these aspects which result in the adoption of any specific organizational pattern, has to be through the cost curve and/or the demand curve. The neoclassical welfare concepts, which have been developed to examine the efficiency in the functioning of markets, are well known. The sources of inefficiency in the performance of the firm under different mar ket structures are also well documented. However, there is as yet no well established set of concepts to examine the economic efficiency of the other organizational forms. It is not clear that the neoclassical welfare concepts are not relevant even under the new organizational setting. Studies of this nature are a relatively new area of economic research.
Economics Of Efficiency
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Author : Norris a. (Norris Arthur) 1875 Brisco
language : en
Publisher: Wentworth Press
Release Date : 2016-08-25
Economics Of Efficiency written by Norris a. (Norris Arthur) 1875 Brisco and has been published by Wentworth Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-25 with History categories.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.