Novel Representations of Consumer, Producer, and Total Surplus
This work presents a formal proof that producer surplus may be calculated as the area of the rectangle below price and above the value of average variable cost at quantity supplied, between zero and that quantity supplied. It also shows how consumer and total surplus may be calculated as the areas of rectangles using an average benefit curve.
openaire +1 more source
Optimal Competition: A Benchmark for Competition Policy [PDF]
This paper introduces optimal competition: the best form of competition in an industry that a competition authority can achieve under the information constraint that it cannot observe firms' effciency levels.We show that the optimal competition outcome ...
Boone, J.
core +1 more source
Advanced Engineering Materials, Volume 27, Issue 6, March 2025.ErB4 and NdB4 nanostructured powders are produced by mechanochemical synthesis. 5 h mechanical alloying and 4 M HCl acid leaching are used in the production. ErB4 and NdB4 powders exhibit maximum magnetization of 0.4726 emu g−1 accompanied with an antiferromagnetic‐to‐paramagnetic phase transition at about TN = 18 K and 0.132 emu g−1 with a maximum at ...
Burçak Boztemur +5 more
wiley +1 more source
AN ECONOMETRIC EVALUATION OF STABILIZATION POLICIES FOR THE U.S. GRAIN MARKET [PDF]
This paper evaluates stabilization policies by applying methods of stochastic control and dynamic analysis to an econometric model of the U.S. grain market.
Arzac, Enrique R.
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Advanced Engineering Materials, Volume 27, Issue 6, March 2025.The stability criteria affecting the formation of high‐entropy alloys, particularly focusing in supersaturated solid solutions produced by mechanical alloying, are analyzed. Criteria based on Hume–Rothery rules are distinguished from those derived from thermodynamic relations. The formers are generally applicable to mechanically alloyed samples.
Javier S. Blázquez +5 more
wiley +1 more source
Bilateral Trade Welfare Impacts of India's Export Ban of Non-Basmati Rice Using the Global Partial Equilibrium Simulation Model (GSIM). [PDF]
FoodsFathelrahman E +4 more
europepmc +1 more source
Bistable Mechanisms 3D Printing for Mechanically Programmable Vibration Control
Advanced Engineering Materials, EarlyView.This work introduces a 3D‐printed bistable mechanism integrated into tuned mass dampers (TMDs) for mechanically adaptive passive vibration suppression. Through optimized geometry, the bistable design provides adaptable vibration reduction across a broad range of scenarios, achieving effective vibration mitigation without complex controls or external ...
Ali Zolfagharian +4 more
wiley +1 more source
Independent aggregation in the nordic day-ahead market: What is the welfare impact of socializing supplier compensation payments? [PDF]
HeliyonBaltputnis K, Schittekatte T, Broka Z.
europepmc +1 more source
Innovating Aircraft Repair Processes: The Role of Digitalization in Sustainability
Advanced Engineering Materials, EarlyView.This research explores how digitalization—by storing detailed non‐destructive testing data in structured DICONDE databases and creating a standard data model of the component—innovates aviation maintenance and repair processes. Coupled with a developed state‐based simulation model, it enables data‐driven, sustainable repair strategies that reduce waste,
Johanna Aigner +3 more
wiley +1 more source
Environmental Evaluation of Yellow Mealworm Larvae Products: Analysis of Modeling Choices and Nutritional Impact-Adjusted Comparison. [PDF]
ACS OmegaFernández-Ríos A +3 more
europepmc +1 more source