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Intermediate microeconomics : A modern approach
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.read more
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Performance assessment of Portuguese wind farms: Ownership and managerial efficiency
TL;DR: In this article, the authors analyzed ownership and unobserved managerial ability as factors affecting the performance of a representative sample of Portuguese wind farms by means of frontier models, which leads them to advise the implementation of common policies as well as policies by segments.
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Competitive market for multiple firms and economic crisis.
TL;DR: This study shows that the perfectly competitive system, as an extreme case of competitive markets, is most efficient but not stable, and gives rise to economic crises as society reaches full employment, and urges the promotion of monopolistic competition (heterogeneous competitions) rather than perfect competition.
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Performance Assessment of UK Airports: Evidence from a Bayesian Dynamic Frontier Model
TL;DR: In this article, the authors analyzed the cost efficiency of UK airports over the period 1998-2008 using a Bayesian dynamic frontier model, which provides a more structural explanation for the variation in airports inefficiency than has been presented by previous models.
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Industrial buying during the coronavirus pandemic: A cross-cultural study
Johannes Habel,Viktor Jarotschkin,Viktor Jarotschkin,Bianca Schmitz,Andreas Eggert,Olaf Plötner +5 more
TL;DR: In this article, the authors investigate which offerings industrial customers are most likely to purchase as the 2020 coronavirus pandemic progresses and show that the pandemic significantly decreases industrial customers' purchase probability, especially for high-priced offerings.