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Author: Craig Newmark
Publisher: Routledge
Published: 2009-06-16
Total Pages: 458
ISBN-13: 1135969450
DOWNLOAD EBOOKThis reader encourages students to appreciate the power of the market, including specific examples and addressing questions on whether markets actually work well and offering evidence that market failures are not as serious or as common as claimed.
Author: Craig Newmark
Publisher: Routledge
Published: 2009-06-16
Total Pages: 618
ISBN-13: 1135969442
DOWNLOAD EBOOKA central concern of economics is how society allocates its resources. Modern economies rely on two institutions to allocate: markets and governments. But how much of the allocating should be performed by markets and how much by governments? This collection of readings will help students appreciate the power of the market. It supplements theoretical explanations of how markets work with concrete examples, addresses questions about whether markets actually work well and offers evidence that supposed "market failures" are not as serious as claimed. Featuring readings from Hayek, William Baumol, Harold Demsetz, Daniel Fischel and Edward Lazear, Benjamin Klein and Keith B. Leffler, Stanley J. Liebowitz and Stephen E. Margolis, and John R. Lott, Jr., this book covers key topics such as: • Why markets are efficient allocators • How markets foster economic growth • Property rights • How markets choose standards • Asymmetric Information • Whether firms abuse their power • Non-excludable goods • Monopolies The selections should be comprehended by undergraduate students who have had an introductory course in economics. This reader can also be used as a supplement for courses in intermediate microeconomics, industrial organization, business and government, law and economics, and public policy.
Author:
Publisher:
Published: 1973
Total Pages: 435
ISBN-13:
DOWNLOAD EBOOKAuthor: David Hemenway
Publisher:
Published: 1988
Total Pages: 340
ISBN-13:
DOWNLOAD EBOOKPrices and Choices is a collection of twenty-seven short, lively essays specifically designed to provide stimulating supplementary readings for introductory or intermediate microeconomic theory classes.
Author: Georges Dionne
Publisher: Springer Science & Business Media
Published: 1992
Total Pages: 748
ISBN-13: 0792392043
DOWNLOAD EBOOKEconomic and financial research on insurance markets has undergone dramatic growth since its infancy in the early 1960s. Our main objective in compiling this volume was to achieve a wider dissemination of key papers in this literature. Their significance is highlighted in the introduction, which surveys major areas in insurance economics. While it was not possible to provide comprehensive coverage of insurance economics in this book, these readings provide an essential foundation to those who desire to conduct research and teach in the field. In particular, we hope that this compilation and our introduction will be useful to graduate students and to researchers in economics, finance, and insurance. Our criteria for selecting articles included significance, representativeness, pedagogical value, and our desire to include theoretical and empirical work. While the focus of the applied papers is on property-liability insurance, they illustrate issues, concepts, and methods that are applicable in many areas of insurance. The S. S. Huebner Foundation for Insurance Education at the University of Pennsylvania's Wharton School made this book possible by financing publication costs. We are grateful for this assistance and to J. David Cummins, Executive Director of the Foundation, for his efforts and helpful advice on the contents. We also wish to thank all of the authors and editors who provided permission to reprint articles and our respective institutions for technical and financial support.
Author: A. Koutsoyiannis
Publisher: Springer
Published: 1975-11-01
Total Pages: 468
ISBN-13: 1349156035
DOWNLOAD EBOOKAuthor: Stephen Hill
Publisher: Bloomsbury Publishing
Published: 2016-03-07
Total Pages: 376
ISBN-13: 1349198528
DOWNLOAD EBOOKThis book provides a unified framework for business decision-making, by developing a logical and systematic approach to business problems. The book is split into three parts - The Nature of Decisions, The Decision Environment and Decision Areas, whilst each chapter concludes with a specific application of the principles and concepts outlined. The intended readership includes both undergraduate and postgraduate students of business, whilst its depth and range make it relevant to business studies and professional courses. Included in the book are a selection of undergraduate and postgraduate examination questions, together with notes on answers.
Author: Robert E. Kuenne
Publisher: Wiley-Blackwell
Published: 2000-09-13
Total Pages: 342
ISBN-13: 9780631220725
DOWNLOAD EBOOKIn Readings in Social Welfare: Theory and Policy, Robert E. Kuenne packages postwar classics with contemporary discussions to examine the impact of social welfare theory on policy development. The book introduces students to frameworks developed by scholars to monitor the market's inefficiencies, to modify its income distribution and resource allocation, and to make decisions for social investment. The readings cover practical issues of national and international concern, such as income and wealth distribution, the measurement of social welfare, recent movements in government regulation theory and practice, the economics of drug prohibition, and the role of the public's risk aversion in the determination of public investment. This book and its complement, Readings in Applied Microeconomic Theory: Market Forces and Solutions, are part of the Blackwell Readings for Contemporary Economics series.
Author: Yong Chen
Publisher: Routledge
Published: 2021-05-13
Total Pages: 415
ISBN-13: 1000372383
DOWNLOAD EBOOKThis book offers students an accessible and applied introduction to microeconomics in tourism and hospitality through a comprehensive analysis of the market mechanism, demand and supply, firm behavior and strategy, and transaction and institution. This book not only helps students to master core microeconomic theories that are essential for understanding the tourism and hospitality industry, but, more importantly, it guides students to analyze consumer behavior and firm strategy specific to the industry. Throughout the book, readers are guided to develop the economic analysis of tourism and hospitality that progresses from economic intuition to graphical representation and to mathematical quantification. Carefully corralled case studies showcase the applications of key microeconomic theories in solving a wide range of real-world problems, including Uber’s surge pricing, Airbnb’s supply adjustment, and McDonald’s and Burger King vying for prime locations. This book is written in an accessible style, illustrated with exquisite diagrams, and enriched with a range of other features, such as chapter summaries, review questions, and further readings to aid readers’ further understanding. By reading this book, students will be able to develop an economist’s way of thinking, which will enable them to analyze tourism and hospitality businesses in a rigorous and critical manner. This book is essential reading for all tourism and hospitality students and teachers.
Author: Frank A. Sloan
Publisher: MIT Press
Published: 2017-01-27
Total Pages: 839
ISBN-13: 0262035111
DOWNLOAD EBOOKThe new edition of a textbook that combines economic concepts with empirical evidence, updated with material on the Affordable Care Act and other developments. This book introduces students to the growing research field of health economics. Rather than offer details about health systems without providing a theoretical context, Health Economics combines economic concepts with empirical evidence to enhance readers' economic understanding of how health care institutions and markets function. The theoretical and empirical approaches draw heavily on the general field of applied microeconomics, but the text moves from the individual and firm level to the market level to a macroeconomic view of the role of health and health care within the economy as a whole. The book takes a global perspective, with description and analysis of institutional features of health sectors in countries around the world. This second edition has been updated to include material on the U.S. Patient Protection and Affordable Care Act, material on the expansion of health insurance in Massachusetts, and an evaluation of Oregon's Medicaid expansion via lottery. The discussion of health care and health insurance in China has been substantially revised to reflect widespread changes there. Tables and figures have been updated with newly available data. Also new to this edition is a discussion of the health economics literature published between 2010 and 2015. The text includes readings, extensive references, review and discussion questions, and exercises. A student solutions manual offers solutions to selected exercises. Downloadable supplementary material is available for instructors.
