The American Economic Review, Volume 70,Edições 3-5American Economic Association., 1980 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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Página 758
... production set Y , but not the sets of the other firms ; the firms do not know the utility function of the planning board nor the set X. If the planning board knew all the production sets Y , it could solve its planning problem ( 1 ) ...
... production set Y , but not the sets of the other firms ; the firms do not know the utility function of the planning board nor the set X. If the planning board knew all the production sets Y , it could solve its planning problem ( 1 ) ...
Página 759
... production set . Payoff to each firm can be expressed as a function of the reported production sets : WLY1 YN ] = E1 [ m °° ( Y1 , ... , YN ) ] ∞ " M " = X M 6 [ - ] The problem for each firm is thus the choice of a reported production ...
... production set . Payoff to each firm can be expressed as a function of the reported production sets : WLY1 YN ] = E1 [ m °° ( Y1 , ... , YN ) ] ∞ " M " = X M 6 [ - ] The problem for each firm is thus the choice of a reported production ...
Página 1045
mal input mix for the production of a given rate of output , was on firm ground . Whenever the production function is homothetic , the choice of an optimal location can be treated independently of the choice of an optimal input mix ...
mal input mix for the production of a given rate of output , was on firm ground . Whenever the production function is homothetic , the choice of an optimal location can be treated independently of the choice of an optimal input mix ...
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Palavras e frases frequentes
adjustment analysis assets assumed assumption average behavior capital coefficient consider constant consumer consumption cost countries curve defined demand depends derived determined developed discussion distribution earnings Econ Economic effect efficient equal equation equilibrium estimates example exchange exist expected Figure firm follows foreign function given growth hold implies important income increase individual industry inflation initial interest International investment labor less marginal maximize mean measure ment monetary Note observed obtained optimal output percent period positive possible preferences present problem production profits quantity ratio reduced regulation relative respect risk saving share social substitution supply Table Theory tion trade unemployment United University utility utility function variables wage welfare workers yields zero