Increasing Returns and Economic Efficiency - Couverture rigide

Quinzii, Martine

 
9780195065534: Increasing Returns and Economic Efficiency
Couverture rigide
ISBN 10 : 0195065530 ISBN 13 : 9780195065534
Editeur : Oxford University Press Inc, 1993

Synopsis

Increasing returns to scale is an area in economics that is becoming more important in the literature. The economic phenomenon of increasing returns presents serious conceptual difficulties for the traditional competitive theory of resource allocation. While most firms exhibit constant or decreasing returns to scale, some firms manufacture products whose technology permits increasing returns to scale that are large relative to the market. These goods are an important component of economic activity in a modern economy and are typically commodities produced either by a public sector or, as in the US, by regulated utilities. The author analyses increasing returns using general equilibrium theory to take into account the interactions between production in the public and the private sectors and the effects of financing the public sector on the redistribution of income.

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Présentation de l'éditeur

Increasing returns to scale is an area in economics that is becoming more important in the literature. The economic phenomenon of increasing returns presents serious conceptual difficulties for the traditional competitive theory of resource allocation. While most firms exhibit constant or decreasing returns to scale, some firms manufacture products whose technology permits increasing returns to scale that are large relative to the market. These goods are an important component of economic activity in a modern economy and are typically commodities produced either by a public sector or, as in the US, by regulated utilities. The author analyses increasing returns using general equilibrium theory to take into account the interactions between production in the public and the private sectors and the effects of financing the public sector on the redistribution of income.

Revue de presse

`The main contribution of this book lies in the consistency with which the author has analysed increasing returns within the framework of general equilibrium theory ... This is an elegant book which provides a rigorous technical framework for discussing real world problems such as the pricing of public utilities ... a succinct monograph.' Times Higher Education Supplement

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Oxford University Press Inc
Date d'édition
1993
Langue
anglais
ISBN 10 
0195065530
ISBN 13 
9780195065534
Reliure
Relié
Nombre de pages
176
Coordonnées du fabricant
non disponible
Personne responsable
Ufficio Anagrafiche Messaggerie
ufficio.anagrafiche@meli.it

Via Verdi, 8
Assago Milano
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Italie