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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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01 Jan 2005
TL;DR: The core of rationalism can be traced back to the early 20th century, with the emergence of Rationalism as a philosophy of mind and belief as discussed by the authors, and its application in the philosophy of science.
Abstract: List of Contributors. Acknowledgments. List of Abbreviations. Introduction. Part I: The Core of Rationalism. 1. The Rationalist Impulse (Alan Nelson). 2. The Rationalist Conception of Substance (Thomas M. Lennon). 3. Rationalist Theories of Sense Perception and Mind-Body Relation (Gary Hatfield). 4. Rationalism and Education (David Cunning). Part II: The Historical Background. 5. Plato's Rationalistic Method (Hugh H. Benson). 6. Rationalism in Jewish Philosophy (Steven Nadler). 7. Early Modern Critiques of Rationalist Psychology (Antonia LoLordo). 8. Rationalism and Method (Matthew J. Kisner). 9. Cartesian Imaginations: The Method and Passions of Imagining (Dennis L. Sepper). Part III: The Heyday of Rationalism. 10. Descartes' Rationalist Epistemology (Lex Newman). 11. Rationalism and Representation). 12. The Role of the Imagination in Rationalist Philosophies of Mathematics (Lawrence Nolan). 13. Idealism and Cartesian Motion (Alice Sowaal). 14. Leibniz on Shape and the Cartesian Conception of Body (Timothy Crockett). 15. Leibniz on Modality, Cognition, and Expression (Alan Nelson). 16. Rationalist Moral Philosophy (Andrew Youpa). 17. Spinoza, Leibniz, and the Rationalist Reconceptions of Imagination (Dennis L. Sepper). 18. Kant and the Two Dogmas of Rationalism (Henry E. Allison). Part IV: Rationalist Themes in Contemporary Philosophy. 19. Rationalism in the Phenomenonological Tradition (David Woodruff Smith). 20. Rationalist Elements of Twentieth-Century Analytic Philosophy (Paul Livingston). 21. Proust and the Rationalist Conception of the Self (Alan Nelson). 22. Rationalism in Science (David Stump). 23. Rationality Decision making: Descriptive, Prescriptive, or Explanatory (Jonathan Michael Kaplan). 24. What is a Feminist to do with Rational Choice? (Mariam Thalos). 25. Rationalism in the Philosophy of Donald Davidson (Richard N. Manning). Index
71 citations
Cites background from "Intermediate microeconomics : A mod..."
...Note that this approach is also that taken by most basic (micro) economic texts (e.g., Mansfield 1975; Asimakopulos 1978; Peterson 1980; Varian 1993)....
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...Varian explicitly defines utility as a description of preferences that are revealed through “choice behavior” (Varian 1993: 54–5), and argues that consumer preferences “are stable over the time period” through which we are likely to observe them making choices (Varian 1993: 118)....
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...…investment, they perhaps have different preferences for risk-taking behavior, and so they can be seen as in fact maximizing their overall utility (which is a function of the expected monetary return on the investment and the thrill or lack thereof they get from the risk) (Varian 1993: ch. 12)....
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01 Jan 2003
TL;DR: In this article, the authors provide an overview of the theoretical foundations of nonmarket valuation and develop a model of individual choice where private goods are freely chosen but environmental goods are rationed from the individual's perspective.
Abstract: This chapter provides an overview of the theoretical foundations of nonmarket valuation. The chapter first develops a model of individual choice where private goods are freely chosen but environmental goods are rationed from the individual’s perspective. The model is used to define compensating and equivalent welfare measures for changes in prices and environmental goods. These welfare measures form the basis of the environmental values researchers seek to measure through nonmarket valuation. The chapter discusses the travel cost model with and without weak complementarity, the household production model, the hedonic model, and the general concept of passive-use value. The individual choice model is extended to a dynamic framework and separately to choice under uncertainty. Finally the chapter develops welfare measures associated with averting expenditures and random utility models.
70 citations
TL;DR: In this paper, the authors made a theoretical assessment of the validity and versatility of the elasticity of demand indices and concluded that the consumer surplus should be more valid, both internally and externally, than the price elasticity index.
70 citations
TL;DR: Li et al. as discussed by the authors examined the relationship between the government and firms and proposed a number of hypotheses regarding how this relationship affects firm performance in China and found that government control at different levels, type of ownership, degree of privatization, and the government-firm bargaining relationship significantly affect firm performance.
Abstract: Traditionally, the Chinese government used an “iron fist” to control the economy and firms under central planning. However, the economic reforms since 1978 have substantially changed the institutional landscape. After more than two decades of dramatic economic transition, the economy is now neither planned nor market-based. Drawing from institutional theory, we examine the relationship between the government and firms and propose a number of hypotheses regarding how this relationship affects firm performance in China. We then test our hypotheses based on so far the largest and most authoritative industrial census data ever available to organizational research, which represents more than 90% of China's total industrial output. We find that government control at different levels, type of ownership, degree of privatization, and the government–firm bargaining relationship significantly affect firm performance. Our examination into the lishu relationship sheds light on an important heretofore unknown issue in firm performance during China's transitional economy. Implications for research, policy, and strategy are discussed.
70 citations
TL;DR: In this article, a theoretical framework based on economics is provided for assessing tourism's costs and benefits, and it is shown that increased tourism promotes net average (i.e., Pareto) economic gains for residents even in the face of increased environmental costs and increased charges.
69 citations