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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, an agent-based model that represents livelihood decision-making of rural households was used to explore the effects of an alternative policy that subsidizes rural households that rent out their land-use rights for long terms in comparison with the current policy of subsidizing grain producers.

30 citations


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

  • ...These relationships conform to the basic economic theory that the price of a good is determined by the relative quantity in total supply and demand, and the smaller the supply or the larger the demand, the higher the price (Varian, 2002)....

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Wisa Majamaa1
01 Jan 2008
TL;DR: In this article, an empirical study is conducted to identify and categorise the end-users' perspective in a more detailed level of PPP-based urban development process, i.e. in a real estate service delivery, and to transfer the knowledge to the general level of public-private partnership (PPP) based urban development processes.
Abstract: The topic and the scope of this dissertation is the inclusion of the end-users' perspective into Public-Private Partnership (PPP) based urban development processes. The examined and developed 4P-based urban development process is by its nature a strategic Public-Private-People Partnership (4P) of local government and public land owners (Public), developers and private land owners (Private), and end-users (People) for good living environment and separate customer relationships. The empirical study is based on communicative planning theory and on a theory of rational consumers. Also a residential choice and an innovation theory - where end-users are the primary stakeholders in the innovation process - are discussed in this study. The qualitative study includes two levels of PPP-based urban development process. A general level of urban development process in its early stages - planning and design - and a more detailed level - purchasing process of PPP-based real estate service delivery projects. The research methods used in this study are multiple case study and action research. The dissertation found that the inclusion of the end-users' perspective in the PPP-based, or, more likely, in the 4P-based urban development processes is both possible and rewarding. The results show that it is possible to identify and categorise the end-users' perspective in a more detailed level of PPP-based urban development process, i.e. in a real estate service delivery, and to transfer the knowledge to the general level of PPP-based urban development process. It is also argued that the developed 4P-based urban development process increases the participation of the potential end-users, and creates a new kind of end-user orientated knowledge for the process. Engaging the end-users in development processes opens previously unseen potential for including consumerist possibilities for cities and developers. In this context, the 4P-based urban development process has created possibilities for engaging new pro-active and positive participation methods and solutions, not only for the early stages of urban development process (planning and design), but also for construction, operation and management of local economic and social infrastructure. The more concrete practical value and implication of this dissertation is the developed framework to include end-users' perspective into purchasing process of 4P-based real estate service delivery projects.

30 citations


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

  • ...Individuals are willing to make free choices from multiple options (Zafirovski, 1999; Varian, 1996; Rohlf, 1996; Heap et al., 1992)....

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Proceedings ArticleDOI
01 Sep 2006
TL;DR: A game-theoretic approach to study the strategic interaction between transmission expansion planning and generation expansion planning in a competitive electricity market is proposed.
Abstract: A game-theoretic approach to study the strategic interaction between transmission expansion planning (TEP) and generation expansion planning (GEP) in a competitive electricity market is proposed. The proposed algorithm consists of three levels of optimization to determine a Nash equilibrium such that a dominant strategy can be found out in an expansion planning game.

30 citations

Journal ArticleDOI
TL;DR: In this paper, the authors analyzed the technical efficiency of Portuguese hospitals from 1997 to 2008 with the latent class frontier model and identified three statistically significant segments in the sample, leading to the conclusion that no common health policy can be applicable to all the hospitals analysed, calling rather for policies conceived for each hospital segment identified.
Abstract: This article analyses the technical efficiency of Portuguese hospitals from 1997 to 2008 with the latent class frontier model, enabling the identification of different segments in the cost frontier. It is found that there are three statistically significant segments in the sample, leading to the conclusion that no common health policy can be applicable to all the hospitals analysed, calling rather for policies conceived for each hospital segment identified. The health policy based in the identified segments enables a more accurate and cost effective management of resources.

30 citations

Journal ArticleDOI
TL;DR: In this paper, a Bayesian dynamic frontier model was used to analyze the efficiency of Brazilian banks from 1998 to 2010 with a Markov Chain Monte-Carlo simulation, and the results indicated that Brazilian banks improved in terms of efficiency over time.

30 citations


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

  • ...We first confirmed that the parameters of the input prices and output are of the correct sign with total cost increasing with each of these variables (Varian, 1987)....

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