Results 21 to 30 of about 50 (48)

On the microeconomics of specialization

Journal of Economic Behavior & Organization, 2004
Abstract We consider individual consumer–producers who operate within a perfectly competitive market economy with transaction costs, presenting several propositions that characterize the optimal production and consumption plans of such a consumer–producer.
Dimitrios Diamantaras, Robert P. Gilles
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Probabilistic Microeconomics

The Bell Journal of Economics and Management Science, 1971
This paper is a survey of recent developments in probabilistic microeconomics. While research on the foundations of utility theory is not reviewed, a general Von Neumann-Morgenstern model of decision-making under uncertainty is presented. Alternative measures of risk aversion are examined within the context of decision-making by both competitive and ...
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Microeconomics

2019
International ...
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Symposium on Macro and Microeconomics: Microeconomics and Macroeconomics

1966
Publisher Summary The essential difference between microeconomics and macroeconomics is in the nature of the abstractions made in the two approaches to compare the complexities of reality. In microeconomics, the attention is focused on a part of the economic system. It is recognized that what happens in a part of the system can affect the rest of the
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Macroeconomics: Relations with Microeconomics

1987
The lack of clear connection between macroeconomics and microeconomics has long been a source of discontent among economists. Arrow (1967) called it a ‘major scandal’ that neoclassical price theory cannot account for such macroeconomic phenomena as unemployment.
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The Microeconomics of Schooling

Review of Research in Education, 1981
This essay is more an attempt to preview than to review a relatively new field we call the Microeconomics of Schooling. Researchers have been working in this area for some time, though like Moliere's character who was so surprised to find he had been speaking prose all his life, they may not know it.
Daniel H. Saks, Byron W. Brown
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The Microeconomics of Consent

2015
No concept figures so prominently in economic theory as does that of voluntary exchange. The ceremony is old and it is familiar. Property rights are well defined. The lesser-valued utility is swapped for the higher-valued satisfaction. Preferences are equal but opposite.
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The Microeconomics of Product Innovation

2018
The prime objective of this book is the use microeconomic analysis to guide and provide insight into the generation and adoption of new products. Taking an approach that uses minimal formal mathematics, the volume initially addresses questions of definitions, sources, and extent of product innovation, differentiating between goods and services; hard ...
Stoneman Paul, Bartoloni Eleonora, Baussola Maurizio   +2 more
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The Enterprise and the Microeconomics of Socialism

2011
Socialism can be politically and economically characterized by a more or less centralized or decentralized feature, allowing different organizations to settle maintaining the same basic principles of system functioning. When there is the passage to the socialization of the economic process, microeconomics acquires more importance.
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Microeconomics and Macroeconomics

1996
It is customary when studying many subjects to divide them into different sections. This makes good sense. It is daunting to feel that the only way to tackle a particular subject is to have to take on the whole of it at once. It makes study far more accessible and easier to organise if there are subdivisions within a subject that allow it to be tackled
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