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| Author | : James M. Buchanan |
| Publisher | : University of Michigan Press |
| Total Pages | : 400 |
| Release | : 1994 |
| Genre | : Business & Economics |
| ISBN | : 9780472104321 |
Makes available important articles on increasing returns as related to the size of the economy
| Author | : W. Brian Arthur |
| Publisher | : University of Michigan Press |
| Total Pages | : 228 |
| Release | : 1994 |
| Genre | : Business & Economics |
| ISBN | : 9780472022403 |
Pioneering work on an important new approach to economics.
| Author | : Tim Walshaw |
| Publisher | : Lulu.com |
| Total Pages | : 70 |
| Release | : 2014-05-01 |
| Genre | : Business & Economics |
| ISBN | : 0987494651 |
This book offers you a very good way to invest profitably in good companies in the long term, and furthermore avoid losses by investing in bad ones. Its basic message is that if you invest in a company with increasing returns to scale, economic theory states that the company MUST be profitable; and furthermore, you are (almost) guaranteed an increased profit in the next period. If profits increase, share prices should also increase over the medium to long term. This is also a very simple method, not requiring complex methodology, or reliance on 'tips' or 'stories'. You can do it yourself over a few minutes each week. What is this magic method? It is a simple technique drawn from the theory of Economics, called 'Returns to Scale'. Your aim is to invest in firms with Increasing Returns to Scale, and avoid investing in firms with Decreasing Returns to Scale, or worse still (and there are too many of these) Negative Returns to Scale.
| Author | : W. Brian Arthur |
| Publisher | : Penguin UK |
| Total Pages | : 261 |
| Release | : 2010 |
| Genre | : Business & Economics |
| ISBN | : 0141031638 |
The Nature of Technology will change the way you think about this fundamental subject forever. W. Brian Arthur's many years of thinking and writing about technology have culminated in a unique understanding of his subject. Here he examines the nature of technology itself: what is it and how does it evolve? Giving rare insights into the evolution of specific technologies and a new framework for thinking about others, every sentence points to some further truth and fascination. At a time when we are ever more reliant on technological solutions for the world's problems, it is extraordinary how little we actually understand the processes that lead to innovation and invention. Until now. This will be a landmark book that will define its subject, and inspire people to think about technology in depth for the very first time.
| Author | : Elhanan Helpman |
| Publisher | : |
| Total Pages | : 271 |
| Release | : 1985-01-01 |
| Genre | : Commerce |
| ISBN | : 9780745001098 |
| Author | : Miroslav N. Jovanović |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 789 |
| Release | : 2020-01-31 |
| Genre | : Business & Economics |
| ISBN | : 1785368990 |
A crucial question in contemporary economics concerns where economic activities will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model, providing important concrete and theoretical insights, and illuminating areas of future enquiry.
| Author | : Martine Quinzii |
| Publisher | : Oxford University Press |
| Total Pages | : 174 |
| Release | : 1993-01-07 |
| Genre | : Business & Economics |
| ISBN | : 0195362241 |
Increasing returns to scale is an area in economics that has recently become the focus of much attention. While most firms operate under constant or decreasing return to scale on their relevant range of production, some firms produce goods or services with a technology which exhibits increasing returns to scale at levels of production which are large relative to the market. These goods are an important component of economic activity in a modern economy and are typically commodities produced either by a public sector or, as in the U.S., by regulated utilities. In this study, the author analyzes increasing returns using general equilibrium theory to take into account the interactions between production in the public and the private sector, and the effects of financing the public sector on the redistribution of income.
| Author | : Ramesh Chandra |
| Publisher | : Springer Nature |
| Total Pages | : 336 |
| Release | : 2021-11-24 |
| Genre | : Business & Economics |
| ISBN | : 3030837610 |
In recent decades, new endogenous growth theory has become popular but the ideas are not new. They go back at least as far as Adam Smith, and the subsequent contributions made notably by Alfred Marshall and Allyn Young. This book critically discusses and provides an historical perspective to the entire spectrum of endogenous growth theories starting with Adam Smith and ending with Paul Romer. It fills an important gap in the literature. While contributions of individual authors are readily available, there is no comprehensive study on the subject covering such a vast ground, critically discussing these authors in a comprehensive framework. It collates all the arguments and economic viewpoints in one collection, providing both the seasoned economist and a graduate economist with a critical comparison of origin, mechanisms, conclusions, and policy implications of these models.
| Author | : Paul R. Krugman |
| Publisher | : MIT Press |
| Total Pages | : 132 |
| Release | : 1997 |
| Genre | : Business & Economics |
| ISBN | : 9780262611350 |
Krugman examines the course of economic geography and development theory to shed light on the nature of economic inquiry.
| Author | : James M. Buchanan |
| Publisher | : University of Michigan Press |
| Total Pages | : 270 |
| Release | : 1991 |
| Genre | : Economics |
| ISBN | : 9780472102228 |
Nobel Laureate James Buchanan questions how people can live together in peace, prosperity, and justice
