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Intermediate microeconomics : A modern approach

Hal R. Varian
TLDR
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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Lobbying over Exhaustible-Resource Extraction

TL;DR: In this paper, the authors characterize the path of contributions and the resulting extraction path, taking into account how the environmental damage of resource usage and the demand elasticity change optimal extraction, and show that if the former effect dominates, the equilibrium contributions in a setting of repeated bargaining exceed those under full commitment.
Journal ArticleDOI

The operation of infimal/supremal convolution in mathematical economics

TL;DR: A survey and summary of two previous papers by the authors on the classic firm's cost-minimization problem are presented and a new application is presented: the analytical solution of the utility maximization problem which will be obtained applying the supremal convolution operation.
Journal ArticleDOI

Institutional Choice and Cooperation in Representative Democracies: An Experimental Approach

TL;DR: The authors examined whether an institution has a differing impact on cooperation if it is introduced by a representative of the affected parties rather than exogenously imposed and found evidence of a large democracy premium in the sense that endogenously implemented institutions lead to more cooperation than iden- tical exogenous institutions.
Journal ArticleDOI

Preference relation with intervals of value tradeoff uncertainty

TL;DR: The model of multicriterion preferences is proposed and proved, in which preference relation is formed on the basis of interval estimates of criteria value tradeoffs; this model differs from the previous one by the fact that intervals of value tradeoff uncertainty are open.
Book

Co-control of air pollution and GHGs in China’s iron and steel sector : an integrated modelling assessment of policy and technology options

TL;DR: In this article, a co-control policy is proposed to reduce both GHGs and air pollution from the iron and steel sector in China, and a high-rate carbon tax is proposed.
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