Producers Consumers and Partial Equilibrium

Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial equilibrium among these economic actors. The book pulls together foundational content from many classic sources and organizes it in a self-contained format that rigidly adheres to optimization as the central behavioral postulate and analytical tool for economic theory. The book maintains a sharp focus on the properties of outcomes from optimizing behavior in varying environments. These properties are the refutable hypotheses from each optimization behavioral postulate, and they form the core content of this positive economic theory. In so doing, the book presents and documents the underlying formal structure of the theory with a higher degree of integration and completeness than is typical of Ph.D. textbooks in microeconomics. Includes comprehensive, focused and unified coverage of the mathematics required for the core theories of producer and consumer choice, and partial equilibrium Presents a generalized envelope theorem as a key source of refutable hypotheses Delineates the role of active versus inactive constraints in generating refutable hypotheses Discusses convex functions in economic optimization environments Presents the full formal details of core producer and consumer and producer theory in a unified and systematic manner Emphasizes the refutable hypotheses resulting from behavioral postulates and the completeness (duality) of those hypotheses for the postulated behavior within microeconomics Includes end-of-chapter exercises, full index, and an instructor’s solutions manual Includes a concordance that matches its chapters with those of major textbooks

Produk Detail:

  • Author : David Mandy
  • Publisher : Academic Press
  • Pages : 422 pages
  • ISBN : 0128110244
  • Rating : 4/5 from 21 reviews
CLICK HERE TO GET THIS BOOKProducers Consumers and Partial Equilibrium

Producers, Consumers, and Partial Equilibrium

Producers, Consumers, and Partial Equilibrium
  • Author : David Mandy
  • Publisher : Academic Press
  • Release : 26 November 2016
GET THIS BOOKProducers, Consumers, and Partial Equilibrium

Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial equilibrium among these economic actors. The book pulls together foundational content from many classic sources and organizes it in a self-contained format that rigidly adheres to optimization as the central behavioral postulate and analytical tool for economic theory. The

Production Quota Buyouts

Production Quota Buyouts
  • Author : Dwayne J. Haynes
  • Publisher : Unknown Publisher
  • Release : 28 October 2021
GET THIS BOOKProduction Quota Buyouts

Under a treasury buyout (TB), producers gain, consumers are not taxed to fund the buyout, and society does not face efficiency losses due to the buyout. For these reasons, producers, consumers, and society favor a TB over a CTB. The third paper analyzes and compares the impact of the US Tobacco Quota Buyout within both a partial and a general-equilibrium framework. In a partial-equilibrium framework (as presented in the first paper) a tobacco quota buyout results in producer gains, consumer

Trade Policy Simulation and Welfare Analysis Using a Partial Equilibrium Model

Trade Policy Simulation and Welfare Analysis Using a Partial Equilibrium Model
  • Author : Anonim
  • Publisher : Unknown Publisher
  • Release : 28 October 2021
GET THIS BOOKTrade Policy Simulation and Welfare Analysis Using a Partial Equilibrium Model

The impact of agricultural trade liberalization on welfare is a major concern to the Government of Morocco. Several agricultural sectors and sub-sectors that are suffering from severe inefficiencies have been protected by the Government mainly through prohibitive import tariffs as a mean to support the income of domestic producers. Although the rhetoric in Morocco is of trade liberalization, the farm sector, with few exceptions, has largely escaped the general tendency. The livestock sector in general and the bovine meat production

Measuring the Impact of Distortions in Agricultural Trade in Partial and General Equilibrium

Measuring the Impact of Distortions in Agricultural Trade in Partial and General Equilibrium
  • Author : Stephen Tokarick
  • Publisher : International Monetary Fund
  • Release : 01 May 2003
GET THIS BOOKMeasuring the Impact of Distortions in Agricultural Trade in Partial and General Equilibrium

This paper provides quantitative estimates of the impact of removing agricultural support (both tariffs and subsidies) in partial- and general-equilibrium frameworks. The results show that agricultural support in industrial countries is highly distortionary and tariffs have a larger distortionary impact than subsidies. Removal of agricultural support would likely raise the international prices of food, resulting in an increase in the cost of food for many net-food- importing countries, although the increase is generally small. The results also show that most

A General Equilibrium Model for Tax Policy Evaluation

A General Equilibrium Model for Tax Policy Evaluation
  • Author : Charles L. Ballard,Don Fullerton,John B. Shoven,John Whalley
  • Publisher : University of Chicago Press
  • Release : 15 May 2009
GET THIS BOOKA General Equilibrium Model for Tax Policy Evaluation

This book reports the authors' research on one of the most sophisticated general equilibrium models designed for tax policy analysis. Significantly disaggregated and incorporating the complete array of federal, state, and local taxes, the model represents the U.S. economy and tax system in a large computer package. The authors consider modifications of the tax system, including those being raised in current policy debates, such as consumption-based taxes and integration of the corporate and personal income tax systems. A counterfactual

Introduction to Computable General Equilibrium Models

Introduction to Computable General Equilibrium Models
  • Author : Mary E. Burfisher
  • Publisher : Cambridge University Press
  • Release : 31 January 2017
GET THIS BOOKIntroduction to Computable General Equilibrium Models

This book provides an accessible, undergraduate-level introduction to computable general equilibrium (CGE) models, a class of model that has come to play an important role in government policy decisions. The book uses a graphical approach to explain the economic theory that underlies a CGE model, and provides results from simple, small-scale CGE models to illustrate the links between theory and model outcomes. The book includes eleven guided, hands-on exercises that introduce modeling techniques that are applied to real-world economic problems.

General Equilibrium Foundation of Partial Equilibrium Analysis

General Equilibrium Foundation of Partial Equilibrium Analysis
  • Author : Takashi Hayashi
  • Publisher : Springer
  • Release : 27 July 2017
GET THIS BOOKGeneral Equilibrium Foundation of Partial Equilibrium Analysis

This book addresses the gaps in undergraduate teaching of partial equilibrium analysis, providing a general equilibrium viewpoint to illustrate the assumptions underlying partial equilibrium welfare analysis. It remains unexplained, at least at the level of general economics teaching, in what sense partial equilibrium analysis is indeed a part of general equilibrium analysis. Partial equilibrium welfare analysis isolates a market for a single commodity from the rest of the economy, presuming that other things remain equal, and measures gains and losses

Spatial Analysis and Planning under Imprecision

Spatial Analysis and Planning under Imprecision
  • Author : Y. Leung
  • Publisher : Elsevier
  • Release : 22 October 2013
GET THIS BOOKSpatial Analysis and Planning under Imprecision

The book deals with complexity, imprecision, human valuation, and uncertainty in spatial analysis and planning, providing a systematic exposure of a new philosophical and theoretical foundation for spatial analysis and planning under imprecision. Regional concepts and regionalization, spatial preference-utility-choice structures, spatial optimization with single and multiple objectives, dynamic spatial systems and their controls are analyzed in sequence. The analytical framework is based on fuzzy set theory. Basic concepts of fuzzy set theory are first discussed. Many numerical examples and empirical

Handbook of Research Methods and Applications in Economic Geography

Handbook of Research Methods and Applications in Economic Geography
  • Author : Charlie Karlsson,Martin Andersson,Therese Norman
  • Publisher : Edward Elgar Publishing
  • Release : 27 February 2015
GET THIS BOOKHandbook of Research Methods and Applications in Economic Geography

The main purpose of this Handbook is to provide overviews and assessments of the state-of-the-art regarding research methods, approaches and applications central to economic geography. The chapters are written by distinguished researchers from a variet

The Incidence of Carbon Taxes in U.S. Manufacturing

The Incidence of Carbon Taxes in U.S. Manufacturing
  • Author : Sharat Ganapati
  • Publisher : Unknown Publisher
  • Release : 28 October 2021
GET THIS BOOKThe Incidence of Carbon Taxes in U.S. Manufacturing

This paper studies how changes in energy input costs for U.S. manufacturers affect the relative welfare of manufacturing producers and consumers (i.e. incidence). In doing so, we develop a partial equilibrium methodology to estimate the incidence of input taxes that can simultaneously account for three determinants of incidence that are typically studied in isolation: incomplete pass-through of input costs, differences in industry competitiveness, and factor substitution amongst inputs used for production. We apply this methodology to a set

Environmental Problems of Central Asia and their Economic, Social and Security Impacts

Environmental Problems of Central Asia and their Economic, Social and Security Impacts
  • Author : Jiaguo Qi,Kyle T. Evered
  • Publisher : Springer Science & Business Media
  • Release : 11 October 2008
GET THIS BOOKEnvironmental Problems of Central Asia and their Economic, Social and Security Impacts

Over the last 60 years, we have recognized increasingly that our world is connected, and the impacts of environmental catastrophes and economic crises in one region of our world have far-reaching and long-lasting consequences globally. Central Asia is a developing region with great potential, but there are valid concerns that current resource management practices are not sustainable, particularly with regard to the management of water resources. Recent changes in social structures, accompanied by regional climate change, have caused substantial environmental changes