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Intermediate microeconomics : A modern approach
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The Varian approach as mentioned in this paper gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation, and is still the most modern presentation of the subject.Abstract:
This best-selling text is still the most modern presentation of the subject. The Varian approach gives students tools they can use on exams, in the rest of their classes, and in their careers after graduation.read more
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Accounting for technological differences in modelling the performance of airports: a Bayesian approach
TL;DR: In this article, the authors used the innovative Bayesian random coefficient frontier model to account for technological differences in the efficiency measurement of UK airports and found that the average cost efficiency for 2007 was around 73.73%, indicating that UK airports are not operating close to a full efficiency level.
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An exploratory investigation into how socioeconomic attributes influence coupons redeeming intentions
TL;DR: In this article, the authors examined the effects that opportunity cost, income effect, coupon proneness and devaluation effect have on coupon redemption intention, and found that prospect of savings and coupon pheneness are positively associated, while opportunity cost is inversely associated with coupon redemption intent.
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Can powerful buyers “exploit” SME suppliers?
TL;DR: In this paper, the authors examined the relationship between SME suppliers and large buyers and better inform competition policy in cases where market power resides with buyers, and their main prediction is that powerful buyers are able to "exploit" small suppliers by restricting their number, the price paid to individual suppliers and the quantity purchased from each supplier.
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Insurance and Economic Growth Nexus in Nigeria: Asymmetric Non-Linear Relationship under Heterogeneous Agents
TL;DR: In this paper, the authors examined the asymmetric non-linear relationship between insurance and economic growth in Nigeria between 1976 and 2010, and found that the asymmetry causality and the symmetric impulse responses showed a robust significant relationship between high gross domestic product (GDP) and low insurance in the long run.
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Analysing cost efficiency in Spanish retailers with a random frontier model
TL;DR: In this paper, the authors used a random stochastic frontier model that enables separation of the covariates in the cost function into homogeneous and heterogeneous variables to estimate the cost efficiency of supermarket chains in the Spanish retailing industry.