Book•
Intermediate microeconomics : A modern approach
01 Jan 2006-
TL;DR: 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.
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Journal Article•
TL;DR: In this article, the authors identify new characteristics reflecting publicity of financial and legal relations, and show the dependence of financial law characteristics on social development and the importance of public interest over private interest.
Abstract: The purpose of this research is to identify new characteristics reflecting publicity of financial and legal relations. This article formulates evidence on the preponderance of public interest over private interest, justifies a new perception of the subject through the prism of financial activities of the state, and shows the dependence of financial law characteristics on social development. The attention is focused to the circumstances that indicate the priority of publicity in finance as in public relations. Even though the state actively uses private-law mechanisms in the sphere of finances, it is necessary to search for and identify characteristics reflecting publicity. This article articulates forms and methods the state uses to influence activities of private entrepreneurs with public law, specifies the forms and types of state influence on the financial sphere, as well as signs that speak of the need for addressing public law. The main provisions and results are relevant for further studies to assess the effectiveness of state financial regulation, and for the development of projects for reforming fiscal and social policies and strategic development programs.
8 citations
Cites background from "Intermediate microeconomics : A mod..."
...The criterion of such participation is considered a comprehensive indicator of fulfilling public interests through the implementation of general social functions and through the use of financial instruments (Varian, 2014)....
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01 Jan 2003
TL;DR: In this paper, a genetic algorithm is used to solve the optimal allocation problem of group buyers in a group buying transaction. But buyers are often distributed among these group-buying sites non-optimally.
Abstract: Group buying is a form of electronic commerce that is growing quickly Group buying is a commercial transaction in which a buyer can purchase goods at a low price if many buyers participate in group buying But buyers are often distributed among these group-buying sites non-optimally If we can optimally allocate buyers to several group buying sites, all buyers can buy a good at a lower price The aim of this paper is to solve this optimal allocation problem by a genetic algorithm
8 citations
01 Jan 2012
TL;DR: In this article, an integriertes Verkehrsnachfrage-and Bewertungsmodell fuer den privaten Personenverkehr entwickelt, das sowohl eine hochwertige, multimodale Verkehrnach-fragemodelierung als auch eine mikrooekonomisch konsistente Nutzenberechnung umfasst.
Abstract: In der Arbeit wurde ein integriertes Verkehrsnachfrage- und Bewertungsmodell fuer den privaten Personenverkehr entwickelt, das sowohl eine hochwertige, multimodale Verkehrsnachfragemodellierung als auch eine mikrooekonomisch konsistente Nutzenberechnung umfasst. Die grosse Herausforderung bestand dabei darin, die Anforderungen der Verkehrsplanung und der (Verkehrs-)Oekonomie zu beruecksichtigen und die unterschiedlichen Modellansaetze im Rahmen der gesteckten Zielsetzung in Einklang zu bringen. Als Resultat liefert das integrierte Modell neben der Verkehrsnachfrage die Aenderung der Konsumentenrente als monetaeres Aequivalent der Nutzenaenderung der Verkehrsteilnehmer, die unmittelbar in die Nutzen-Kosten-Analyse eingeht. Zur Konkretisierung und Abgrenzung des Untersuchungsgegenstands wurden in der Einleitung fuenf zentrale Fragen formuliert, die im Rahmen der Arbeit in den einzelnen Kapiteln diskutiert und beantwortet wurden. Dabei wurden zunaechst die allgemeinen mikrooekonomischen Grundlagen und Zusammenhaenge der Nachfrage- und Nutzentheorie herausgearbeitet. Diese zeigten, dass die Nachfrage- und Nutzenermittlung stets eine Einheit bilden. Weiterhin erfolgten die Vorstellung verkehrsplanerischer Verkehrsangebots- und Verkehrsnachfrageansaetze sowie deren Gleichgewichtszustaende. Dabei lag der Schwerpunkt der Betrachtungen auf dem EVA-Grundmodell der simultanen Ziel- und Verkehrsmittelwahl und dem Logit-Modell. (A)
8 citations
01 Jan 2019
8 citations
Cites background from "Intermediate microeconomics : A mod..."
...…resources is seen as a fundamental challenge to building a good society, such that markets’ ability to channel the pursuit of self-interest toward this end is deemed a central benefit of the market economic system (e.g., Mankiw 2010; Samuelson & Nordhaus 1998; Shleifer & Vishny 1997; Varian 2010)....
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TL;DR: In this paper, the authors investigate conditions under which firms are particularly reluctant to out-license their technologies due to shifts in the relative magnitudes between potential rent dissipation and revenue effects, and offer theoretical arguments and empirical evidence suggesting that firms operating under higher product market competition are more reluctant to license their technologies.
Abstract: The fear of rent dissipation has been proposed as the main reason firms are hesitant to enter markets for technology. In this paper we investigate conditions under which firms are particularly reluctant to out-license their technologies due to shifts in the relative magnitudes between potential rent dissipation and revenue effects. Specifically, we offer theoretical arguments and empirical evidence suggesting that firms operating under higher product market competition are more reluctant to license their technologies. Firms’ openness to external knowledge, while having a direct positive association with greater licensing rates, also partially mitigates the negative effect of increasing product market competition. Exogenous sunk costs, however, increase firms’ reluctance to out-license and also further fuel the negative association between out-licensing and product market competition. The empirical investigation builds on a sample of 227 licensors involved in licensing contracts in the US pharmaceutical industry from 1986 to 2005. The study has substantial implications for management, research, and policymakers.
8 citations