Increasing returns and efficiency / Martine Quinzii.

Format:

Book

Author/Creator:

Quinzii, Martine.

Standardized Title:

Rendements croissants et efficacité économique. English

Language:

English

Subjects (All):

Government business enterprises--Costs--Econometric models.

Government business enterprises.

Government corporations.

Physical Description:

1 online resource (174 p.)

Place of Publication:

New York : Oxford University Press, c1992.

Language Note:

English

Summary:

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 exhibitsincreasing 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, theauthor analyzes i

Contents:

Contents; 1. Introduction; 1.1 Origin of Ideas; 1.2 Recent Developments; 2. Necessary Conditions for Efficiency; 2.1 The Production Economy; 2.2 Supporting Prices for Efficient Allocations; 2.3 Clarke Normal Cone; 2.4 Existence of Supporting Prices; 2.5 Marginal Cost Pricing; 3. Marginal Cost Pricing Equilibrium; 3.1 Organization of Decisions; 3.2 Covering Deficits; 3.3 Two-Part Tariffs; 3.4 Marginal Cost Pricing Equilibrium; 4. Efficiency; 4.1 Inefficiency of All Equilibria; 4.2 Abstract Condition for Efficiency; 4.3 Elasticity Condition for Efficiency (One Output); 4.4 Examples

4.5 Elasticity Condition for Efficiency (Many Outputs)5. Existence; 5.1 Single Firm Existence Theorem; 5.2 Example of Productive Inefficiency; 5.3 General Existence Theorem; 5.4 Structure of the set E[sub(e')]; 5.5 Proof of the Existence Theorem; 6. The Core; 6.1 Why the Core?; 6.2 Cooperative Game Theory; 6.3 Scarf's Negative Result; 6.4 One Input, One Output; 6.5 Many Inputs, One Output; 6.6 Many Inputs, Many Outputs; 7. Conclusion; References; Index; A; B; C; D; E; F; G; H; I; K; L; M; N; O; P; Q; R; S; T; U; V; W; Z

Notes:

Translation of: Rendements croissants et efficacite economique.

Includes bibliographical references (p. 155-159) and index.

Description based on print version record.

Description based on publisher supplied metadata and other sources.

ISBN:

0-19-536224-1

1-4294-0552-X

1-280-52517-7

OCLC:

476007977