Topic
Managerial economics
About: Managerial economics is a research topic. Over the lifetime, 1524 publications have been published within this topic receiving 83965 citations.
Papers published on a yearly basis
Papers
More filters
Book•
01 Jan 1991
TL;DR: The application of Lakatosian principles of appraisal to modern economics is discussed in this paper, where a number of distinguished economists have applied the methodology of scientific research programs to a variety of economic theories, such as game theory, demand theory, consumption analysis, job search theory, equilibrium unemployment theory, the new classical macroeconomics, experimental economics, Austrian economics, Walrasian stability analysis and Sraffian economics.
Abstract: The methodology of economics has long been dominated by the writings of Karl Popper and Imre Lakatos, two outstanding philosophers of science in the post-war period. This major new book focuses on the application of Lakatosian principles of appraisal to modern economics. An international group of distinguished economists have applied Lakatos’s methodology of scientific research programs to a variety of economic theories, such as game theory, demand theory, consumption analysis, job search theory, equilibrium unemployment theory, the new classical macroeconomics, experimental economics, Austrian economics, Walrasian stability analysis and Sraffian economics. The introduction and afterword by the editors place the papers in the context of the recent rapidly evolving methodological controversy in economics. Taken as a whole, the book makes a powerful statement of the case for assessing rival economic theories with the aid of an explicit philosophy of science.
59 citations
TL;DR: The current state of behavioral law and economics has been described and assessed in this paper, with a new emphasis on debiasing through law, using existing or proposed legal structures in an attempt to reduce people's departures from the traditional economic assumption of unbounded rationality.
Abstract: Behavioral economics has been a growing force in many fields of applied economics, including public economics, labor economics, health economics, and law and economics. This paper describes and assesses the current state of behavioral law and economics. Law and economics had a critical (though underrecognized) early point of contact with behavioral economics through the foundational debate in both fields over the Coase theorem and the endowment effect. In law and economics today, both the endowment effect and other features of behavioral economics feature prominently and have been applied in many important legal domains. The paper concludes with reference to a new emphasis in behavioral law and economics on ”debiasing through law” using existing or proposed legal structures in an attempt to reduce people’s departures from the traditional economic assumption of unbounded rationality.
58 citations
Book•
01 Mar 1992
TL;DR: A review of mathematical concepts used in managerial economics can be found in this paper, where a mathematical restatement of the short-run cost function is presented, along with the use of calculus in pricing and output decisions.
Abstract: Chapter 1. Introduction Chapter 2. The firm and its goals Chapter 3A. Supply and demand Appendix 3. The mathematics of supply and demand Chapter 4. Demand elasticity Appendix 4. Applications of supply and demand Chapter 5. Demand estimation and forecasting Chapter 6. The theory and estimation of production Appendix 6A. The production of services Appendix 6B. The multiple-input case Appendix 6C. Expressing the production function with the use of calculus Chapter 7. The theory and estimation of cost Appendix 7A. A mathematical restatement of the short-run cost function Appendix 7B. The estimation of cost Chapter 8. Pricing and output decisions: perfect competition and monopoly Appendix 8A. The use of calculus in pricing and output decisions Appendix 8B. Break-even analysis (volume-cost-profit) Chapter 9. Pricing and output decision: monopolistic competition and oligopoly Chapter 10. Special pricing practices Chapter 11. Game theory and asymmetric information Chapter 12. Capital budgeting and risk Appendix 12A. The value of a corporation Chapter 13. The multinational corporation and globalization Chapter 14. Government and industry: challenges and opportunities for today's manager Chapter 15. Managerial economics in action Part 1. Beverage industry survey Part 2. The business planning process Appendix 15A. Beverage industry executives Appendix A. Statistical and financial tables Index Online appendices Review of mathematical concepts used in managerial economics Linear programming Calculations for the time value of money Solutions to odd-numbered problems
58 citations
57 citations