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Estimating market power and strategies / / Jeffrey M. Perloff, Larry S. Karp, Amos Golan [[electronic resource]]
| Estimating market power and strategies / / Jeffrey M. Perloff, Larry S. Karp, Amos Golan [[electronic resource]] |
| Autore | Perloff Jeffrey M. |
| Pubbl/distr/stampa | Cambridge : , : Cambridge University Press, , 2007 |
| Descrizione fisica | 1 online resource (xi, 340 pages) : digital, PDF file(s) |
| Disciplina | 338.4/301 |
| Soggetto topico |
Business enterprises - Finance
Corporations - Finance Accounting Strategic planning Organizational effectiveness |
| ISBN |
1-107-17428-7
1-280-91737-7 9786610917372 0-511-28996-0 0-511-29056-X 0-511-28869-7 0-511-30188-X 0-511-75398-5 0-511-28937-5 |
| Classificazione | 83.80 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Introduction -- Structure-conduct-performance -- Industry models of market power -- Differentiated-product structural models -- Strategic reasons for a dynamic estimation model -- Dynamic games involving economic fundamentals -- Estimation of dynamic games involving economic fundamentals -- Estimation of market power using a linear-quadratic model -- Estimating strategies: theory -- Estimating strategies-case studies -- Statistical appendix -- Bibliography. |
| Altri titoli varianti | Estimating Market Power & Strategies |
| Record Nr. | UNINA-9910457600403321 |
Perloff Jeffrey M.
|
||
| Cambridge : , : Cambridge University Press, , 2007 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Estimating market power and strategies / / Jeffrey M. Perloff, Larry S. Karp, Amos Golan [[electronic resource]]
| Estimating market power and strategies / / Jeffrey M. Perloff, Larry S. Karp, Amos Golan [[electronic resource]] |
| Autore | Perloff Jeffrey M. |
| Pubbl/distr/stampa | Cambridge : , : Cambridge University Press, , 2007 |
| Descrizione fisica | 1 online resource (xi, 340 pages) : digital, PDF file(s) |
| Disciplina | 338.4/301 |
| Soggetto topico |
Business enterprises - Finance
Corporations - Finance Accounting Strategic planning Organizational effectiveness |
| ISBN |
1-107-17428-7
1-280-91737-7 9786610917372 0-511-28996-0 0-511-29056-X 0-511-28869-7 0-511-30188-X 0-511-75398-5 0-511-28937-5 |
| Classificazione | 83.80 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto | Introduction -- Structure-conduct-performance -- Industry models of market power -- Differentiated-product structural models -- Strategic reasons for a dynamic estimation model -- Dynamic games involving economic fundamentals -- Estimation of dynamic games involving economic fundamentals -- Estimation of market power using a linear-quadratic model -- Estimating strategies: theory -- Estimating strategies-case studies -- Statistical appendix -- Bibliography. |
| Altri titoli varianti | Estimating Market Power & Strategies |
| Record Nr. | UNINA-9910784699703321 |
|
Perloff Jeffrey M.
|
||
| Cambridge : , : Cambridge University Press, , 2007 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Microeconomics / / Jeffrey M. Perloff
| Microeconomics / / Jeffrey M. Perloff |
| Autore | Perloff Jeffrey M. |
| Edizione | [Seventh edition, global edition.] |
| Pubbl/distr/stampa | Boston, [Massachusetts] : , : Pearson, , 2016 |
| Descrizione fisica | 1 online resource (800 pages) : illustrations, tables |
| Disciplina | 338.5 |
| Collana | The Pearson Series in Economics |
| Soggetto topico | Microeconomics |
| ISBN | 1-292-07170-2 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- Brief Contents -- Contents -- Preface -- Chapter 1: Introduction -- 1.1 Microeconomics: The Allocation of Scarce Resources -- Trade-Offs -- Who Makes the Decisions -- Prices Determine Allocations -- 1.2 Models -- Application: Income Threshold Model and China -- Simplifications by Assumption -- Testing Theories -- Positive Versus Normative -- 1.3 Uses of Microeconomic Models -- Summary -- Chapter 2: Supply and Demand -- Challenge: Quantities and Prices of Genetically Modified Foods -- 2.1 Demand -- The Demand Curve -- Application: Calorie Counting at Starbucks -- The Demand Function -- Solved Problem 2.1 -- Summing Demand Curves -- Application: Aggregating Corn Demand Curves -- 2.2 Supply -- The Supply Curve -- The Supply Function -- Summing Supply Curves -- Effects of Government Import Policies on Supply Curves -- Solved Problem 2.2 -- 2.3 Market Equilibrium -- Using a Graph to Determine the Equilibrium -- Using Math to Determine the Equilibrium -- Forces That Drive the Market to Equilibrium -- 2.4 Shocking the Equilibrium -- Effects of a Shift in the Demand Curve -- Solved Problem 2.3 -- Effects of a Shift in the Supply Curve -- 2.5 Equilibrium Effects of Government Interventions -- Policies That Shift Supply Curves -- Application: Occupational Licensing -- Solved Problem 2.4 -- Policies That Cause Demand to Differ from Supply -- Application: Price Controls Kill -- Solved Problem 2.5 -- Why Supply Need Not Equal Demand -- 2.6 When to Use the Supply-and-Demand Model -- Challenge Solution: Quantities and Prices of Genetically Modified Foods -- Summary -- Questions -- Chpater 3: Applying the Supply-and-Demand Model -- Challenge Who Pays the Gasoline Tax? -- 3.1 How Shapes of Supply and Demand Curves Matter -- 3.2 Sensitivity of the Quantity Demanded to Price -- Price Elasticity of Demand -- Solved Problem 3.1.
Elasticity Along the Demand Curve -- Demand Elasticity and Revenue -- Solved Problem 3.2 -- Application: Do Farmers Benefit from a Major Drought? -- Demand Elasticities over Time -- Other Demand Elasticities -- 3.3 Sensitivity of the Quantity Supplied to Price -- Elasticity of Supply -- Elasticity Along the Supply Curve -- Supply Elasticities over Time -- Application: Oil Drilling in the Arctic National Wildlife Refuge -- Solved Problem 3.3 -- 3.4 Effects of a Sales Tax -- Equilibrium Effects of a Specific Tax -- The Equilibrium is the Same No Matter Who is Taxed -- Solved Problem 3.4 -- Firms and Customers Share the Burden of the Tax -- Application: Taxes to Prevent Obesity -- Solved Problem 3.5 -- Ad Valorem and Specific Taxes Have Similar Effects -- Solved Problem 3.6 -- Subsidies -- Application: The Ethanol Subsidy -- Challenge Solution: Who Pays the Gasoline Tax? -- Summary -- Questions -- Chapter 4: Consumer Choice -- Challenge: Why Americans Buy More E-Books Than Do Germans -- 4.1 Preferences -- Properties of Consumer Preferences -- Application: You Can't Have Too Much Money -- Preference Maps -- Solved Problem 4.1 -- Application: Indifference Curves Between Food and Clothing -- 4.2 Utility -- Utility Function -- Ordinal Preferences -- Utility and Indifference Curves -- Marginal Utility -- Utility and Marginal Rates of Substitution -- 4.3 Budget Constraint -- Slope of the Budget Constraint -- Solved Problem 4.2 -- Effect of a Change in Price on the Opportunity Set -- Effect of a Change in Income on the Opportunity Set -- Solved Problem 4.3 -- 4.4 Constrained Consumer Choice -- The Consumer's Optimal Bundle -- Application: Substituting Alcohol for Marijuana -- Solved Problem 4.4 -- Optimal Bundles on Convex Sections of Indifference Curves -- Buying Where More is Better -- Food Stamps -- Application: Benefiting from Food Stamps. 4.5 Behavioral Economics -- Tests of Transitivity -- Endowment Effect -- Application: Opt in Versus Opt Out -- Salience and Bounded Rationality -- Application Unaware of Taxes -- Challenge Solution: Why Americans Buy More E-Books Than Do Germans -- Summary -- Questions -- Chapter 5: Applying Consumer Theory -- Challenge: Per-Hour Versus Lump-Sum Childcare Subsidies -- 5.1 Deriving Demand Curves -- Indifference Curves and a Rotating Budget Line -- Price-Consumption Curve -- Application: Smoking Versus Eating and Phoning -- The Demand Curve Corresponds to the Price-Consumption Curve -- Solved Problem 5.1 -- 5.2 How Changes in Income Shift Demand Curves -- Effects of a Rise in Income -- Solved Problem 5.2 -- Consumer Theory and Income Elasticities -- Application: Fast-Food Engel Curve -- 5.3 Effects of a Price Change -- Income and Substitution Effects with a Normal Good -- Solved Problem 5.3 -- Solved Problem 5.4 -- Application: Shipping the Good Stuff Away -- Income and Substitution Effects with an Inferior Good -- Solved Problem 5.5 -- Compensating Variation and Equivalent Variation -- Application: What's the Value of Using the Internet? -- 5.4 Cost-of-Living Adjustments -- Inflation Indexes -- Effects of Inflation Adjustments -- Application: Paying Employees to Relocate -- 5.5 Deriving Labor Supply Curves -- Labor-Leisure Choice -- Income and Substitution Effects -- Solved Problem 5.6 -- Shape of the Labor Supply Curve -- Application: Working After Winning the Lottery -- Income Tax Rates and Labor Supply -- Challenge Solution: Per-Hour Versus Lump-Sum Childcare Subsidies -- Summary -- Questions -- Chapter 6: Firms and Production -- Challenge: Labor Productivity During Recessions -- 6.1 The Ownership and Management of Firms -- Private, Public, and Nonprofit Firms -- Application: Chinese State-Owned Enterprises -- The Ownership of For-Profit Firms. The Management of Firms -- What Owners Want -- 6.2 Production Function -- 6.3 Short-Run Production -- Total Product -- Marginal Product of Labor -- Solved Problem 6.1 -- Average Product of Labor -- Graphing the Product Curves -- Law of Diminishing Marginal Returns -- Application: Malthus and the Green Revolution -- 6.4 Long-Run Production -- Isoquants -- Application: A Semiconductor Integrated Circuit Isoquant -- Substituting Inputs -- Solved Problem 6.2 -- 6.5 Returns to Scale -- Constant, Increasing, and Decreasing Returns to Scale -- Solved Problem 6.3 -- Application: Returns to Scale in Various Industries -- Varying Returns to Scale -- 6.6 Productivity and Technical Change -- Relative Productivity -- Application: Tata Nano's Technical and Organizational Innovations -- Innovations -- Application: Tata Nano's Technical and Organizational Innovations -- Challenge Solution: Labor Productivity During Recessions -- Summary -- Questions -- Chapter 7: Costs -- Challenge: Technology Choice at Home Versus Abroad -- 7.1 The Nature of Costs -- Opportunity Costs -- Application: The Opportunity Cost of an MBA -- Solved Problem 7.1 -- Costs of Durable Inputs -- Sunk Costs -- 7.2 Short-Run Costs -- Short-Run Cost Measures -- Short-Run Cost Curves -- Production Functions and the Shape of Cost Curves -- Application: Short-Run Cost Curves for a Beer Manufacturer -- Effects of Taxes on Costs -- Solved Problem 7.2 -- Short-Run Cost Summary -- 7.3 Long-Run Costs -- All Costs are Avoidable in the Long Run -- Minimizing Cost -- Isocost Line -- Combining Cost and Production Information -- Solved Problem 7.3 -- Factor Price Changes -- Solved Problem 7.4 -- The Long-Run Expansion Path and the Long-Run Cost Function -- Solved Problem 7.5 -- The Shape of Long-Run Cost Curves -- Application: Economies of Scale in NuclearPower Plants. Estimating Cost Curves Versus Introspection -- 7.4 Lower Costs in the Long Run -- Long-Run Average Cost as the Envelope of Short-Run Average Cost Curves -- Application: Long-Run Cost Curves in Beer Manufacturing -- Application: Choosing an Inkjet or a Laser Printer -- Short-Run and Long-Run Expansion Paths -- The Learning Curve -- Application: Learning by Drilling -- 7.5 Cost of Producing Multiple Goods -- Application: Economies of Scope -- Challenge Solution: Technology Choice at Home Versus Abroad -- Summary -- Questions -- Chapter 8: Competitive Firms and Markets -- Challenge: The Rising Cost of Keeping On Truckin' -- 8.1 Perfect Competition -- Price Taking -- Why the Firm's Demand Curve is Horizontal -- Deviations from Perfect Competition -- Derivation of a Competitive Firm's Demand Curve -- Solved Problem 8.1 -- Why We Study Perfect Competition -- 8.2 Profit Maximization -- Profit -- Two Steps to Maximizing Profit -- 8.3 Competition in the Short Run -- Short-Run Output Decision -- Solved Problem 8.2 -- Short-Run Shutdown Decision -- Application: Oil, Oil Sands, and Oil Shale Shutdowns -- Solved Problem 8.3 -- Short-Run Firm Supply Curve -- Short-Run Market Supply Curve -- Short-Run Competitive Equilibrium -- Solved Problem 8.4 -- 8.4 Competition in the Long Run -- Long-Run Competitive Profit Maximization -- Long-Run Firm Supply Curve -- Application: The Size of Ethanol Processing Plants -- Long-Run Market Supply Curve -- Application: Fast-Food Firms' Entry in Russia -- Application: Upward-Sloping Long-Run Supply Curve for Cotton -- Application: Reformulated Gasoline Supply Curves -- Solved Problem 8.5 -- Long-Run Competitive Equilibrium -- Challenge Solution: The Rising Cost of Keeping On Truckin' -- Summary -- Questions -- Chapter 9: Applying the Competitive Model -- Challenge: "Big Dry" Water Restrictions. 9.1 Zero Profit for Competitive Firms in the Long Run. |
| Record Nr. | UNINA-9910154763603321 |
|
Perloff Jeffrey M.
|
||
| Boston, [Massachusetts] : , : Pearson, , 2016 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Microeconomics with calculus / / Jeffrey M. Perloff, University of California, Berkeley
| Microeconomics with calculus / / Jeffrey M. Perloff, University of California, Berkeley |
| Autore | Perloff Jeffrey M. |
| Edizione | [Third, Global edition.] |
| Pubbl/distr/stampa | Boston : , : Pearson, , [2014] |
| Descrizione fisica | 1 online resource (801 pages) : illustrations (some color) |
| Disciplina | 338.5 |
| Collana | Pearson series in economics |
| Soggetto topico | Microeconomics |
| ISBN |
1-292-12543-8
0-273-79091-9 0-273-79090-0 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Cover -- Microeconomics with Calculus -- Brief Contents -- Contents -- Preface -- Introduction -- Microeconomics: The Allocation of Scarce Resources -- Trade-Offs -- Who Makes the Decisions -- How Prices Determine Allocations -- Application Fat Tax -- Models -- Application Income Threshold Model and China -- Simplifications by Assumption -- Testing Theories -- Maximizing Subject to Constraints -- Positive Versus Normative -- Uses of Microeconomic Models -- Summary -- Supply and Demand -- Challenge Quantities and Prices of Genetically Modified Foods -- Demand -- The Demand Function -- Summing Demand Functions -- Application Aggregating the Demand for Broadband Service -- Supply -- The Supply Function -- Summing Supply Functions -- How Government Import Policies Affect Supply Curves -- Market Equilibrium -- Finding the Market Equilibrium -- Forces That Drive a Market to Equilibrium -- Shocking the Equilibrium: Comparative Statics -- Comparative Statics with Discrete (Relatively Large) Changes -- Comparative Statics with Small Changes -- Solved Problem 2.1 -- Why the Shapes of Demand and Supply Curves Matter -- Elasticities -- Demand Elasticity -- Solved Problem 2.2 -- Supply Elasticity -- Application Volcanic Eruptions and Africa's Cut Flower Market -- Solved Problem 2.3 -- Long Run Versus Short Run -- Application Oil Drilling in the Arctic National Wildlife Refuge -- Solved Problem 2.4 -- Effects of a Sales Tax -- Two Types of Sales Taxes -- Equilibrium Effects of a Specific Tax -- How Specific Tax Effects Depend on Elasticities -- Solved Problem 2.5 -- Application Subsidizing Ethanol -- The Same Equilibrium No Matter Who Is Taxed -- The Similar Effects of Ad Valorem and Specific Taxes -- Quantity Supplied Need Not Equal Quantity Demanded -- Price Ceiling -- Application Price Controls Kill -- Price Floor -- When to Use the Supply-and-Demand Model.
Challenge Solution Quantities and Prices of Genetically Modified Foods -- Summary -- Exercises -- Consumer Theory -- Challenge Why Americans Buy E-Books and Germans Do Not -- Preferences -- Properties of Consumer Preferences -- Transitivity -- Application You Can't Have Too Much Money -- Preference Maps -- Indifference Curves -- Solved Problem 3.1 -- Utility -- Utility Function -- Ordinal Preferences -- Utility and Indifference Curves -- Willingness to Substitute Between Goods -- Solved Problem 3.2 -- Application MRS Between Recorded Tracks and Live Music -- Curvature of Indifference Curves -- Solved Problem 3.3 -- Application Indifference Curves Between Food and Clothing -- Budget Constraint -- Constrained Consumer Choice -- Finding an Interior Solution Using Graphs -- Solved Problem 3.4 -- Finding an Interior Solution Using Calculus -- Solved Problem 3.5 -- Solved Problem 3.6 -- Solved Problem 3.7 -- Application Utility Maximization for Recorded Tracks and Live Music -- Finding Corner Solutions -- Minimizing Expenditure -- Solved Problem 3.8 -- Behavioral Economics -- Tests of Transitivity -- Endowment Effect -- Application How You Ask the Question Matters -- Salience -- Challenge Solution Why Americans Buy E-Books and Germans Do Not -- Summary -- Exercises -- Demand -- Challenge Paying Employees to Relocate -- Deriving Demand Curves -- System of Demand Functions -- Graphical Interpretation -- Application Quitting Smoking -- Effects of an Increase in Income -- How Income Changes Shift Demand Curves -- Solved Problem 4.1 -- Consumer Theory and Income Elasticities -- Application Fast-Food Engel Curve -- Solved Problem 4.2 -- Effects of a Price Increase -- Income and Substitution Effects with a Normal Good -- Solved Problem 4.3 -- Application Shipping the Good Stuff Away -- Income and Substitution Effects with an Inferior Good -- Solved Problem 4.4. Compensated Demand Curve -- Solved Problem 4.5 -- Slutsky Equation -- Cost-of-Living Adjustment -- Inflation Indexes -- Effects of Inflation Adjustments -- Application Fixing the CPI Substitution Bias -- Revealed Preference -- Recovering Preferences -- Substitution Effect -- Challenge Solution Paying Employees to Relocate -- Summary -- Exercises -- Consumer Welfare and Policy Analysis -- Challenge Child-Care Subsidies -- Consumer Welfare -- Willingness to Pay -- Application Willingness to Pay and Consumer Surplus on eBay -- Solved Problem 5.1 -- Expenditure Function and Consumer Welfare -- Indifference Curve Analysis -- Application Compensating Variation and Equivalent Variation for the Internet -- Comparing the Three Welfare Measures -- Solved Problem 5.2 -- Market Consumer Surplus -- Loss of Market Consumer Surplus from a Higher Price -- Markets in Which Consumer Surplus Losses Are Large -- Effects of Government Policies on Consumer Welfare -- Quotas -- Application Water Quota -- Food Stamps -- Application Food Stamps Versus Cash -- Deriving Labor Supply Curves -- Labor-Leisure Choice -- Solved Problem 5.3 -- Income and Substitution Effects -- Solved Problem 5.4 -- Shape of the Labor Supply Curve -- Application Working After Winning the Lottery -- Income Tax Rates and the Labor Supply Curve -- Challenge Solution Child-Care Subsidies -- Summary -- Exercises -- Firms and Production -- Challenge Labor Productivity During Recessions -- The Ownership and Management of Firms -- Private, Public, and Nonprofit Firms -- The Ownership of For-Profit Firms -- The Management of Firms -- What Owners Want -- Production -- Production Functions -- Time and the Variability of Inputs -- Short-Run Production: One Variable and One Fixed Input -- Solved Problem 6.1 -- Interpretation of Graphs -- Solved Problem 6.2 -- Law of Diminishing Marginal Returns. Application Malthus and the Green Revolution -- Long-Run Production: Two Variable Inputs -- Isoquants -- Application A Semiconductor Integrated Circuit Isoquant -- Substituting Inputs -- Solved Problem 6.3 -- Diminishing Marginal Rates of Technical Substitution -- The Elasticity of Substitution -- Solved Problem 6.4 -- Returns to Scale -- Constant, Increasing, and Decreasing Returns to Scale -- Solved Problem 6.5 -- Application Returns to Scale in U.S. Manufacturing -- Varying Returns to Scale -- Productivity and Technical Change -- Relative Productivity -- Application U.S. Electric Generation Efficiency -- Innovations -- Application Tata Nano's Technical and Organizational Innovations -- Challenge Solution Labor Productivity During Recessions -- Summary -- Exercises -- Costs -- Challenge Technology Choice at Home Versus Abroad -- Measuring Costs -- Opportunity Costs -- Application the Opportunity Cost of an MBA -- Solved Problem 7.1 -- Capital Costs -- Sunk Costs -- Short-Run Costs -- Short-Run Cost Measures -- Solved Problem 7.2 -- Short-Run Cost Curves -- Production Functions and the Shape of Cost Curves -- Application Short-Run Cost Curves for a Japanese Beer Manufacturer -- Effects of Taxes on Costs -- Short-Run Cost Summary -- Long-Run Costs -- Input Choice -- Solved Problem 7.3 -- Solved Problem 7.4 -- How Long-Run Cost Varies with Output -- Solved Problem 7.5 -- Solved Problem 7.6 -- The Shape of Long-Run Cost Curves -- Application Small Is Beautiful -- Estimating Cost Curves Versus Introspection -- Lower Costs in the Long Run -- Long-Run Average Cost as the Envelope of Short-Run Average Cost Curves -- Application Choosing an Inkjet or Laser Printer -- Short-Run and Long-Run Expansion Paths -- How Learning by Doing Lowers Costs -- Application Learning by Drilling -- Cost of Producing Multiple Goods -- Application Economies of Scope. Challenge Solution Technology Choice at Home Versus Abroad -- Summary -- Exercises -- Competitive Firms and Markets -- Challenge The Rising Cost of Keeping On Truckin' -- Perfect Competition -- Price Taking -- Why a Firm's Demand Curve Is Horizontal -- Perfect Competition in the Chicago Commodity Exchange -- Deviations from Perfect Competition -- Derivation of a Competitive Firm's Demand Curve -- Why Perfect Competition Is Important -- Profit Maximization -- Profit -- Two Steps to Maximizing Profit -- Competition in the Short Run -- Short-Run Competitive Profit Maximization -- Solved Problem 8.1 -- Application Oil, Oil Sands, and Oil Shale Shutdowns -- Short-Run Firm Supply Curve -- Solved Problem 8.2 -- Short-Run Market Supply Curve -- Short-Run Competitive Equilibrium -- Solved Problem 8.3 -- Competition in the Long Run -- Long-Run Competitive Profit Maximization -- Long-Run Firm Supply Curve -- Application The Size of Ethanol Processing Plants -- Long-Run Market Supply Curve -- Application Fast-Food Firms Entry in Russia -- Application Upward-Sloping Long-Run Supply Curve for Cotton -- Application Reformulated Gasoline Supply Curves -- Solved Problem 8.4 -- Long-Run Competitive Equilibrium -- Challenge Solution The Rising Cost of Keeping On Truckin' -- Summary -- Exercises -- Applications of the Competitive Model -- Challenge Licensing Taxis -- Zero Profit for Competitive Firms in the Long Run -- Zero Long-Run Profit with Free Entry -- Zero Long-Run Profit When Entry Is Limited -- Application Tiger Woods' Rents -- The Need to Maximize Profit -- Producer Surplus -- Measuring Producer Surplus Using a Supply Curve -- Using Producer Surplus -- Solved Problem 9.1 -- Competition Maximizes Welfare -- Measuring Welfare -- Why Producing Less Than the Competitive Output Lowers Welfare -- Why Producing More Than the Competitive Output Lowers Welfare. Application The Deadweight Loss of Christmas Presents. |
| Record Nr. | UNINA-9910150211803321 |
|
Perloff Jeffrey M.
|
||
| Boston : , : Pearson, , [2014] | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||