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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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Journal ArticleDOI
TL;DR: In this paper, some legal issues pertaining to claiming compensation by fishers due to marine pollution are discussed, and it is proposed that property rights to be awarded to fishers managing the fisheries resources since it will settle the obstacle in seeking for compensation.
Abstract: In this paper, some legal issues pertaining to claiming compensation by fishers due to marine pollution are discussed.With exception of damages caused by oil pollution, fishers have to present their grievances in civil court adhering to English common law. In the court of law, the primary concern is whether a plaintiff has the right to sue. Although they may proof locus standi by possessing licenses to fish, that their damages are over and above the general public, proving damages is another obstacle. As is it now, the laws are not compassionate enough to the environmental victims. The existing environmental laws are inadequate to deal with the environmental problems, simply because of their soft approach in the name of encouraging development and protecting the developers.There should be a change in environmental laws in Malaysia, particularly giving due regard to economic losses resulted from the pollution. It is proposed that property rights to be awarded to fishers managing the fisheries resources since it will settle the obstacle in seeking for compensation.

1 citations


Cites background from "Intermediate microeconomics : A mod..."

  • ...property problems and that given the right set of property rules, environmental problems would be selfremediating [56]....

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Journal ArticleDOI
13 Mar 2020
TL;DR: Bucalismada kisilerin Iphone 7 marka cep telefonuna olan talebi, Istanbulbolgesinde rastgele orneklem yontemiyle 258 kisiye yapilan anket yardimiylaincelenmeye calisilmistir as discussed by the authors.
Abstract: Gunumuzyasam kosullarinda, bilisim sektorunun destegi ile gelisen akilli ceptelefonlari sagladigi faydalar itibariyle zorunlu mal haline gelmistir. Akillicep telefonlari, bilgisayar teknolojilerinin de destegiyle adeta bir cepbilgisayari haline donusmus, bu donusum sayesinde kisiler internetkullanimlarini kisisel bilgisayarlari yerine akilli telefonlari araciligiyla gerceklestirmektedir.Bu donusume ek olarak firmalar arasinda artan rekabet kosullari daha kalitelicep telefonu uretimini artirirken, cep telefonlarinin fiyati da artirmis vebazi akilli cep telefonlari luks mal haline gelmistir. Ayrica kendi ceptelefonunu uretemeyen ulkeler acisindan da ithalatta ciddi artisa nedenolmaktadir. 2018 yilinda yaklasik 2 milyar dolar akilli cep telefonu ithalatigerceklesmistir.Bucalismada kisilerin Iphone 7 marka cep telefonuna olan talebi, Istanbulbolgesinde rastgele orneklem yontemiyle 258 kisiye yapilan anket yardimiylaincelenmeye calisilmistir. Calisma da cok degiskenli regresyon modeli ve Anovatesti yardimiyla kisilerin Iphone 7 marka cep telefonuna olan talebindekisilerin yas araligi ve babalarinin egitim seviyesi etkili oldugu ayrica Iphonefiyatlarini takip etmedeki artis, internette markali bazi urunlerin ucuzoldugunu dusuncesindeki artis ve fiyat biraz yuksek olsa dahi daha uzun surekullanma niyetiyle markali cep telefonu kullanma egilimindeki artisin Iphone 7marka cep telefonuna olan talebi artirdigi tespit edilmistir.

1 citations

01 Jan 2019
TL;DR: In this article, the determinants of the global price of uranium and how this price could be affected by different nuclear power generation scenarios for 2030 were analyzed, and the results showed that the price of the uranium could be significantly influenced by the nuclear power power generation scenario.
Abstract: The purpose of this thesis is to analyze: (a) the determinants of the global price of uranium; and (b) how this price could be affected by different nuclear power generation scenarios for 2030. To ...

1 citations


Cites background from "Intermediate microeconomics : A mod..."

  • ...Source: International Atomic Energy Agency (2014) 7 After the uranium has been mined and exported, it will be consumed/used by nuclear facilities for energy generation purposes....

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  • ...Source: World Nuclear Association (2017b)....

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  • ...Coal power plants instead pollute the air in several ways: “Sulfur dioxide (SO2) which contributes to acid rain and respiratory illness, nitrogen oxides (NOx) which contribute to smog and respiratory illness, particulates which contribute to smog, haze, and respiratory illnesses and lung disease, carbon dioxide Source: European Nuclear Society (2019) 10 (CO2), which is the primary greenhouse gas produced from burning fossil fuels (coal, oil, and natural gas), mercury and other heavy metals, which have been linked to both neurological and developmental damage in humans and other animals, fly ash and bottom ash, which are residues created when power plants burn coal.”...

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  • ...Source: World Nuclear Association (2019d) 9 Why should nuclear power even be used when it comes with dangerous waste that takes more than thousands of years to be non-dangerous?...

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  • ...According to IAEA & NEA (2018) A-|| stands for “production Source: World Nuclear Association (2017c) 13 capability of existing and committed centres supported by RAR and inferred resources recoverable at USD 130/kgU” and B-|| stands for “production capability of existing, committed, planned and prospective centres supported by RAR and inferred resources recoverable at USD 130/kgU”....

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01 Jan 2008
TL;DR: In this article, the authors explore new methods, using procedures from a replicable field experiment, to elicit individual willingness to pay (WTP) for travel time savings for time savings.
Abstract: How does one estimate the value of an individual's time? One possible way is to estimate how much a person is willing to pay for time savings. The majority of transportation studies have used stated preference surveys to estimate an individual's willingness to pay (WTP) for travel time savings. However, stated preferences approaches are subject to hypothetical bias since they elicit WTP for hypothetical outcomes instead of real outcomes. One study used a revealed preference approach in a natural experiment to elicit WTP for travel time savings but the data was for a non-recurring event, which was not replicable. The purpose of this pilot study is to explore new methods, using procedures from a replicable field experiment, to elicit individual WTP for travel time savings. By using a revealed preference approach in an experimental setting, we address the legitimate concern over hypothetical bias while allowing the experimental methods and resulting data set to be replicated in other settings. The results show that the proposed field experiment is feasible, and that a sample of college students places a value of $22.43 on an hour of time. This estimated value is significantly greater than zero. We also find that individual WTP for travel time savings is significantly larger than the average wage rate, and that this WTP varies significantly across certain demographics. We conclude by reviewing the simplifying assumptions made within the study and offer extensions of how our data set can be replicated in the future for more complete analysis.

1 citations

Journal ArticleDOI
TL;DR: In this paper, the authors investigated the relationship between the basic interest rate of the economy, inflation and the efficiency of companies in the furniture industry during the years 2001 and 2012 and found that firms that chose the popular market had greater financial efficiency.
Abstract: This study aims at confirming if during the years 2001 and 2012 companies of the furniture industry, which invested in the popular goods market, had greater financial efficiency and what were the main strategies used by these companies to achieve this efficiency. The study also sets out to investigate whether there is a relationship between the basic interest rate of the economy, inflation and the efficiency noted in this period. The results showed that firms that chose the popular market had greater financial efficiency and the interests show a reverse causality toward more efficient companies that have served this market.

1 citations