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Showing papers by "Kenneth J. Arrow published in 1998"


Journal ArticleDOI
TL;DR: The Journal of Economic Perspectives (JEP) as mentioned in this paper is a journal published by the American Economic Association (AEA) which is a member of the American Library Association (BLA).
Abstract: Stable URL:http://links.jstor.org/sici?sici=0895-3309%28199821%2912%3A2%3C91%3AWHETSA%3E2.0.CO%3B2-IThe Journal of Economic Perspectives is currently published by American Economic Association.Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available athttp://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtainedprior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content inthe JSTOR archive only for your personal, non-commercial use.Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained athttp://www.jstor.org/journals/aea.html.Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printedpage of such transmission.JSTOR is an independent not-for-profit organization dedicated to and preserving a digital archive of scholarly journals. Formore information regarding JSTOR, please contact support@jstor.org.http://www.jstor.orgThu Apr 26 15:31:49 2007

623 citations


BookDOI
TL;DR: Weisbrod et al. as discussed by the authors modeled the nonprofit organization as a multi-product firm, and proposed a framework for choice, pricing and rationing nonprofit organizations with distributional objectives.
Abstract: Preface Introduction 1. The nonprofit mission and its financing: growing links between nonprofits and the rest of the economy Burton A. Weisbrod Part I. Basic Issues and Perspective: 2. Competition, commercialization, and the evolution of nonprofit organizational structures Howard P. Tuckman 3. Modeling the nonprofit organization as a multi-product firm: a framework for choice Burton A. Weisbrod 4. Pricing and rationing nonprofit organizations with distributional objectives Richard Steinberg and Burton A. Weisbrod 5. Differential taxation of nonprofits and the commercialization of nonprofit revenues Joseph J. Cordes and Burton A. Weisbrod 6. Interdependence of commercial and donative revenues Lewis M. Segal and Burton A. Weisbrod 7. Conversion from nonprofit to for-profit legal status: why does it happen and should anyone care? John H. Goddeeris and Burton A. Weisbrod Part II. Industry Studies: 8. Commercialism in nonprofit hospitals Frank A. Sloan 9. Universities as creators and retailers of intellectual property: life sciences research and economic development Walter W. Powell and Jason Owen-Smith 10. Commercialism in nonprofit social service associations: its character, significance, and rationale Dennis R. Young 11. Zoos and aquariums Louis Cain and Dennis Meritt, Jr 12. Commerce and the muse: are art museums becoming commercial? Helmut K. Anheier and Stefan Toepler 13. The funding perils of the corporation for public broadcasting Craig L. LaMay and Burton A. Weisbrod Part III. Concluding Remarks: 14. Commercialism among nonprofits: objectives, opportunities and constraints Estelle James 15. Conclusions and public policy issues: commercialism and the road ahead Burton A. Weisbrod References.

559 citations



BookDOI
01 Jan 1998
TL;DR: In this article, an analytical framework of consumer-producers, Economies of Specialization and Transaction Costs is presented. But the authors do not consider the relationship between a minimum level of consumption and the Division of Labour.
Abstract: Acknowledgements - Preface - Introduction - PART 1: SPECIALIZATION, ORGANIZATION AND GROWTH: NEW CLASSICAL ECONOMICS - Specialization and Division of Labour: a Survey X.Yang & S.Ng - Comments J.M.Buchanan - Comments J.Borland - Specialisation and the Emergence and the Value of Money W.Cheng - Productivity, Investment in Infrastructure and Population Size: Formalizing the Theory of Ester Boserup C.Y.C.Chu & Y-C.Tsai - The Inframarginal Analysis of Demand and Supply and the Relationship between a Minimum Level of Consumption and the Division of Labour M.Lio - Economies of Specialization and Trade S.Ng - Centralized Hierarchy within a Firm and Decentralized Hierarchy in the Market H.Shi & X.Yang - An Analytical Framework of Consumer-producers, Economies of Specialization and Transaction Costs M.Wen - An Extended Ethier Model with the Tradeoff between Economies of Scale and Transaction Costs K-y.Wong & X.Yang - Policy Analysis in a Dynamic Model with Endogenous Specialization J.Zhang PART 2: ECONOMIES OF SCALE AND MONOPOLISTIC COMPETITION - Increasing Returns, Constant Returns and Micro-Macro Economics R.Marris - Non-neutrality of Money under Non-perfect Competition: Why do Economists fail to see the Possibility? Y-K.Ng - Comments R.Marris - A Dynamic Model of Monopolistic Competition with Trade Externalities and Fiscal Policy K.N.Cheung - Comments C-S.Hwang - Industrialisation Policy and the Big Push J.Gans - Comments P.A.Trostel - Economies of Scale and Imperfect Competition in an Applied General Equilibrium Model of the Australian Economy K.A-Silva & M.Horridge - Comments P.B.Dixon - Variety, Spillovers and Market Structure in a Model of Endogenous Technological Change P.F.Peretto - Pursuit of Relative Conspicuous Consumption in Monopolistic Competition J.Wang & Y-K.Ng - Economic Fluctuations and Non-neutrality of Money based upon Imperfect Competition X.Yin - PART 3: INFORMATION, TRADE, AND RESOURCES - Innovation and Increasing Returns to Scale K.J.Arrow - Variable Returns to Scale and Factor Price Equalization M.Kemp, M.Okawa & M.Tawada - The Stolper-Samuelson Theorem in Models with Economies of Scale P.J.Lloyd & A.G.Schweinberger - Comments P.M.Sgro - Variable Returns to Scale, Resources and Population J.Pitchford - Index

61 citations


Book ChapterDOI
TL;DR: In this article, the failures of the standard economic theory serve as a fruitful way to examine the need for institutions and explain why they emerge, and they are, however, less useful, but not entirely useless, in analyzing which institutions will emerge.
Abstract: Standard economic theory is only apparently institution-free. More importantly, the failures of the theory serve as a fruitful way to examine the need for institutions and explain why they emerge. It is, however, less useful, but not entirely useless, in analyzing which institutions will emerge.1

45 citations


Journal ArticleDOI
TL;DR: The authors presents a collection of thirty essays on the character, administration, and management of research universities, with special emphasis on the perspective of statistics and operations research, focusing on issues of systematic planning, planning models, teaching approaches and management associated with the aims and methods of operations research.
Abstract: This volume presents a collection of thirty essays on the character, administration, and management of research universities, with special emphasis on the perspective of statistics and operations research. It concentrates on issues of systematic planning, planning models, teaching approaches, and management associated with the aims and methods of operations research, although it also deals with more general concerns about the management of universities and university resources. A final section looks at some of the applications of operations-research and statistical tools that have moved outside university settings.

11 citations



Book ChapterDOI
01 Jan 1998
TL;DR: There has been a long tradition, going back to Adam Smith (1776), that technological progress is somehow intrinsically associated with increasing Retums as discussed by the authors, and this connection has been emphasized by Young (1928), Nicholas Kaldor (1957), and, still more recently, by Arrow (1962), Shell (1966), and Romer (1990).
Abstract: There has been a long tradition, going back to Adam Smith (1776), that technological progress is somehow intrinsically associated with increasing Retums. In more recent times, this connection has been emphasized by Young (1928), Nicholas Kaldor (1957), and, still more recently, by Arrow (1962), Shell (1966), and Romer (1990). There is, however, more than one interpretation of the relation.

3 citations