Tài liệu Microeconomics for MBAs 43 ppt

... then Netscape would have bought a place on the desktop for its icon long ago. If the Justice Department gets its way and Microsoft is forced to have a Navigator icon on the desktop, Coase’s ... operating system network and desktop, will have gotten Microsoft’s property for nothing. It also means that Microsoft will be forced to use whatever market power, as well as its expertise in...

Ngày tải lên: 26/01/2014, 18:20

... to look for other reasons, mainly as a means of improving incentives for workers to do as the employer wants. As it turns out, Henry Ford was not offering his workers something extra for nothing ... of the wage would be returned in the form of greater production and sales and even greater job security for workers. But there were other benefits for Ford. When workers are paid...

Ngày tải lên: 15/12/2013, 10:15

... edict specifying maximum prices for everything from poultry to gold, and maximum wages for everyone from lawyers to the cleaners of sewer systems. The penalty for violating the edict was death. ... demonstrated a knack for bringing new products to market quickly. However, we mention the keiretsu organizational form here only because of one of its more unheralded benefits: it is a...

Ngày tải lên: 15/12/2013, 10:15

... effectively for the “public interest,” and several of the possible explanations for this observed behavior force us to step outside the scope of the public goods theory. Why may people work for the ... good, individuals who try to organize people for that purpose may go through a learning experience before they conclude that it is too costly a venture for them. Even if the or...

Ngày tải lên: 15/12/2013, 10:15

... ways, and many of their differences have important implications for the type of productive efforts for which they are best suited. For example, both of the authors would have liked to have been ... absence of direct, close-at-hand residual claimants. 30 If, for example, a public agency managed to perform the same service for a hundred thousand dollars a year less than in previ...

Ngày tải lên: 15/12/2013, 10:15

... quotas is that quotas are typically specified for each important foreign producer. Otherwise, all foreign producers would rush to sell their goods before the quota was reached. When quotas are ... 1984 and 1985. Tariffs, on the other hand, force foreign firms to lower their prices to offset the increase from the tariff. They also generate income for the federal government. Although ta...

Ngày tải lên: 15/12/2013, 10:15

... dollar holdings of foreign banks. So will American expenditures abroad whether for tours or for foreign stocks and bonds. Americans must have francs for such transactions; therefore, they must ... national defense, have lobbied for protection from foreign oil in wartime, the effects of a tariff are not entirely straightforward as might be thought. By making foreign oil more expens...

Ngày tải lên: 15/12/2013, 10:15

... would measure the effort expended. Total effort for all workers combined increased as workers were added to the group doing the pulling at the same time that the individual efforts of the workers ... the rope, the individual effort averaged 84 percent of the effort expended by one worker. With eight workers pulling, the average individual effort was one-half the effort of the one worker...

Ngày tải lên: 24/12/2013, 17:15

... rather than be forced to pay a higher than expected price for the input. This is exactly the arrangement that automobile companies have with some of their suppliers. Ford, for example, buys ... Organization (Spring 1985): pp. 33-80. 43 The Ford example is discussed on pages 245-46 of Robert Cooter and Thomas Ulen, Law and Economics (Glenview, Illinois: Scott, Foresman and Company, 1...

Ngày tải lên: 24/12/2013, 17:15

... of being around for a number of years. Financially shaky firms in highly unstable markets are going to be reluctant to pay for the cost of their workers’ MBAs. Credit will, for them, be hard ... income in deferred forms and will not likely have strong expectations of a long career with their companies, factors that reinforce the tendency of workers to pay for their own MBAs....

Ngày tải lên: 24/12/2013, 17:15