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Author: Walter J. Primeaux Publisher: ISBN: Category : Competition Languages : en Pages : 36
Book Description
The purposes of this study were (1) to assess the magnitude of price effects whenever an electric utility firm faces DIRECT competition from another electric utility firm and (2) to observe these price-effects of competition compared with X-efficiency effects on costs.
Author: Walter J. Primeaux Publisher: ISBN: Category : Competition Languages : en Pages : 36
Book Description
The purposes of this study were (1) to assess the magnitude of price effects whenever an electric utility firm faces DIRECT competition from another electric utility firm and (2) to observe these price-effects of competition compared with X-efficiency effects on costs.
Author: Fouad Sabry Publisher: One Billion Knowledgeable ISBN: Category : Business & Economics Languages : en Pages : 356
Book Description
What is X-Inefficiency The term "X-inefficiency" is a notion that is utilized in the field of economics to describe situations in which businesses have internal inefficiency, which ultimately leads to greater production costs than are necessary for a specific output. This inefficiency is the consequence of a number of causes, including inefficient production processes, outdated technology, poor management, and a lack of competition, which ultimately leads to reduced profitability and higher pricing for customers. Harvey Leibenstein is the one who first presented the idea of X-inefficiency. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: X-inefficiency Chapter 2: Economies of scale Chapter 3: Microeconomics Chapter 4: Monopoly Chapter 5: Oligopoly Chapter 6: Perfect competition Chapter 7: Index of economics articles Chapter 8: Profit maximization Chapter 9: Yield (finance) Chapter 10: Efficiency Chapter 11: Marginal cost Chapter 12: Production-possibility frontier Chapter 13: Production function Chapter 14: Allocative efficiency Chapter 15: Managerial economics Chapter 16: Isoquant Chapter 17: Productive efficiency Chapter 18: Stochastic frontier analysis Chapter 19: Production (economics) Chapter 20: Profit (economics) Chapter 21: Monopoly price (II) Answering the public top questions about x-inefficiency. (III) Real world examples for the usage of x-inefficiency 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 X-Inefficiency.
Author: Roger S. Frantz Publisher: Springer Science & Business Media ISBN: 1461562651 Category : Business & Economics Languages : en Pages : 181
Book Description
My interest in X-Efficiency (XE) dates back to 1978. At the time, I was writing the dissertation for my Ph. D. at Washington State University. My dissertation was concerned with the role of attitudes in the school-to-work transition among young men. I was advised by Professor Millard Hastay (a member of my committee) to look at Leibenstein's "new" book, Beyond Economic Man. One of the things that caught my attention was his behavioral description of (selective) rationality. It seemed that Leibenstein' s behavioral description of a (selectively) rational individ ual was very similar to what psychologists such as Abraham Maslow were reporting as being the product of a particular motivational system. In other words, I was impressed with the idea that what Leibenstein was referring to as X-inefficiency was being discussed by psychologists as "the way it (often) is. " So from the beginning I always considered the concept ofX-(in)efficiency to be a valuable one for understanding human behavior. I have since come to believe that this is particularly true when considering behavior in non-market environments, i. e. , within the firm. Work on this book, however, can most realistically said to have started with work which I began in 1982 while I was a Visiting Scholar at Harvard University. Professor Leibenstein suggested that I consider how some empirical evidence which was being cited as evidence for the role of property rights might also be consistent with XE theory. (The consistency, in both directions, is considerable.
Author: Thomas J. Holmes Publisher: DIANE Publishing ISBN: 1437934897 Category : Business & Economics Languages : en Pages : 41
Book Description
Does competition spur productivity? And if so, how? These have long been regarded as central questions in economics. The extent of competition can be influenced by policy decisions, so understanding how competition impacts productivity and, in turn, living standards is of more than academic importance. To fully answer these questions of whether, and how, an increase in competition impacts productivity, two issues must be addressed. First, the authors define what we mean by an ¿increase in competition.¿ Second, they attempt to understand the mechanisms through which competition impacts productivity. Both issues present substantial challenges, which the authors address. Illustrations. This is a print-on-demand publication; it is not an original.
Author: Tibor Scitovsky Publisher: Psychology Press ISBN: 9780415314091 Category : Business & Economics Languages : en Pages : 488
Book Description
Dealing with general economic theory, other than employment theory, the book discusses the theory of pure and monopolistic competition - with a special emphasis upon welfare aspects. Beginning with an analysis of the consumer and of the individual firm, the main stress is nevertheless placed on the analysis of the economic system as a whole.
Author: Paddy McNutt Publisher: Edward Elgar Publishing ISBN: 9781781958896 Category : Business & Economics Languages : en Pages : 444
Book Description
. . . those who are dealing with antitrust issues the book is very useful and if somebody has already acquired the basic economic principles underlying antitrust regimes, one should read [this] book. . . Pal Bela Szilagyi and Dorina Juhasz, Erasmus Law and Economics Review The book is quite often an interesting read and provokes plenty of unexpected thoughts. . . Scholars familiar with the public choice literature and American antitrust law could benefit from the stimulating questions McNutt raises throughout and for the wealth of examples from European competition law. Scott E. Graves, The Law and Politics Book Review Patrick McNutt s book is a brilliant exposé of the interaction between law, economics and antitrust. The author, an economist and distinguished regulator, handles both the legal and economic material deftly. It is provocative particularly when dealing with issues such as the efficiency of competition and the effectiveness of antitrust rules. His case-studies are particularly compelling. The book is written with huge flair and great learning. It combines theoretical and practical considerations. The comparative coverage is excellent. A "must-read" for all interested in law and economics. Antitrust specialists will discover many novel and valid insights. David O Keeffe, University College London, UK and College of Europe, Bruges, Belgium This book continually stimulates the reader to think about the issues in non-standard and illuminating ways, following new and significant directions. Yet the discussion always is authoritatively grounded in the author s extensive knowledge of the pertinent law and the relevant economic analysis. William J. Baumol, New York University, US and Princeton University, US Professor McNutt provides a refreshing and different perspective on the important fundamental issues underlying competition law and policy. Barry E. Hawk, Skadden, Arps, Slate, Meagher & Flom LLP, US In this accessible yet rigorous textbook, Patrick McNutt presents a clear and refreshing approach to a wide range of topics in law, economics and antitrust. The issues covered include duty and obligation, contracting, liability, property rights, efficient entry, compensation, oligopoly pricing, issues in strategic antitrust and merger analysis. Using a selection of case studies where appropriate, and examples based in game theory, the book examines these issues from both a law and economics and a microeconomics perspective. Emphasis is placed on a thorough assessment of the economic and legal arguments, blending the rigours of microeconomic analysis with common law standards. The analysis contained in the book will not only review, and indeed adapt neoclassical economic analysis but will also apply some of the methodology from the relatively new paradigm known as law and economics to many of the issues. The book also addresses the increasing overlap between emerging approaches in public choice and in law and economics. Practitioners in competition law and regulation of utilities will draw great value from this original and pertinent volume, as will scholars in the areas of regulation, competition law, competition policy and law and economics.
Author: Tibor Scitovsky Publisher: Routledge ISBN: 1136521771 Category : Business & Economics Languages : en Pages : 477
Book Description
Dealing with general economic theory, other than employment theory, the book discusses the theory of pure and monopolistic competition - with a special emphasis upon welfare aspects. Beginning with an analysis of the consumer and of the individual firm, the main stress is nevertheless placed on the analysis of the economic system as a whole.
Author: Walter J. Primeaux
Author: Walter J. Primeaux
Author: Fouad Sabry
Author: Roger S. Frantz
Author: Harvey Leibenstein
Author: Thomas J. Holmes
Author: Huw Dixon
Author: Robin C. Sickles
Author: Tibor Scitovsky
Author: Paddy McNutt
Author: Tibor Scitovsky