THẠC SỸ KINH TẾ - KINH TẾ VI MÔ - CHAPTER 12 pps

... 19 As reported in Haig R. Nalbantian and Andrew Schotter, “Productivity Under Group Incentives: An Exp erimental Study,” American Economic Review, vol. 87 (no. 3), June 19 97, pp. 31 4-3 41. ... it is growing rapidly. In 19 45, there were only 2 ,11 3 firms in the United States that had deferred compensation or profit-sharing plans for their workforces. In 19 91, the count of fi...

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... offering a six-digit, four-function model for $29 .95, and Hewlett-Packard had lowered the price of its special model by $100 and added extra features. In 1974, six-digit, four-function models ... price Q 1 instead of Q 2 tomatoes at price P 2 . And they are willing to pay less than before for any quantity P 1 instead of P 2 for Q 2 tomatoes. FIGURE 2. 2 Shifts in the Deman...

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... the individual consumer or firm. Rational Behavior When individuals act to satisfy their wants, they behave rationally. Rational behavior is consistent behavior that maximizes an individual’s ... 101 117. 9 William Davidow and Michael Malone, The Virtual Corporation, (New York: Harper Collins Publishers, 1992), p. 234 . Chapter 3 Principles of Rational Behavior at Work in Socie...

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... 10 David Card and Alan B. Krueger, “Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania,” American Economic Review, vol. 84 (19 94) , pp. 77 2-7 93; ... thereby eliminating the shortage and relieving the congestion in the marketplace. In Figure 4. 4, for example, demand is reduced from D 1 to D 2. Chapter 4 Government Controls:...

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... Inc., 1 950 ), pp. 45 4-4 56 , as cited in Olson, Logic of Collective Action, p. 56 . Chapter 5 The Logic of Group Behavior In Business and Elsewhere 5 groups. . . ., rational self-interested ... pp. B-1 and B-2. 43 Ibid. Chapter 5 The Logic of Group Behavior In Business and Elsewhere 25 But some people are more risk averse than others, as measured by ho...

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... relevant “in-group.” Even training can be more effective in raising worker productivity when it is provided within in-groups, regardless of whether they come from collectivistic or individualistic ... and Collectivism: A Comparison of the United States and the People's Republic of China,” Administrative Science Quarterly, vol. 34, n4 (Dec, 1989), pp. 56 5-5 82. Chapter 6. Rea...

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... Chapter 7 Market Failures: External Costs And Benefits 22 warranties can obviously collapse unless sellers can somehow obtain information on the driving behavior of different ... discussed by Adam M. Brandenburger and Barry J. Nalebuff, Co-opetition (New York: Currency/Doubleday, 1996), pp. 10 5-1 06]. Chapter 7 Market Failures: External Costs And Benefits 4 Oth...

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... bus transportation. The individual reduced bus-service consumption when this service was given free of charge. This can only occur if the individual regards bus service as an inferior good, ... elasticity between points a and b: 25 - 35 5 - 4 E d = ẵ(25 + 35) ữ ẵ(5 + 4) = 1.50 Arc elasticity between points c and d: 70 - 80 5 - 4 E d = ẵ(70 + 80 ) ữ ẵ(5 + 4) = 0....

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... wholly wrong, is foreign to him. The win- list, yes-no discussion of politics is not within his purview. He does not recognize the either-or, the all-or-nothing situation as his own. His is not ... Certainly, the individual’s health insurance premiums would not fall by the full value of the healthcare services not utilized. The savings from non-use by any one individual, if the savings are...

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... 5 6 7 8 9 10 11 12 $100 100 100 100 100 100 100 100 100 100 100 100 $ 30 50 60 65 75 90 110 140 180 230 300 395 $ 130 150 160 165 175 190 210 240 280 330 ... does initially in Figure 10. 5, it must be because long-run marginal cost is pulling it down. If long-run cost is rising, as it does eventually in Figure 10. 5, then long-run marginal c...

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... pay to keep from being provided. For example, assume the government mandated that all employers provide a smoke-free work environment. For some employers a smoke-free environment makes sense, ... direct Chapter 11 Firm Behavior under Idealized 25 Competitive Conditions certain employment-related benefits. An explanation for this belief may be the widespread view discuss...

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... pay to keep from being provided. For example, assume the government mandated that all employers provide a smoke-free work environment. For some employers a smoke-free environment makes sense, ... perfect) real- world examples of a pure monopoly are regulated electric-power companies, which dominate in given geographical areas, and the government’s first-class postal system. Chapter 11...

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... additional 12, 000 units of 30 cents 28 John J. Keller, “Best Phone Discounts Go to Hardest Bargainers,” Wall Street Journal, February 13, 1997, pp. B-1 and B -1 2. 29 Ibid., p. B1. Chapter 12 ... line up. 12 Frederick R. Warren-Bolton, Direct Testimony, State of New York ex rel. Attorney General Dennis C. Vacco, et. al. vs. Microsoft Corporation, Civil Action No. 9 8-1...

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... competition for their service. A government bureau that has no competitors is in an enviable bargaining position vis-à-vis legislators and taxpayers. As the sole producer of a service, it can charge ... Table 16. 1 Costs and Benefits of a Public Park for Five People Individuals (1) Dollar Value of Benefits to Each Person (2) Tax Levied on Each Person (3) Net Benefit (+) or Net Cost (-...

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... achieve a balance-of-trade equilibrium as shown in Table 17. 8, it may take some time. In general, long-run price elasticities are greater—often considerably greater—than short-run price elasticities. ... (Reading, Mass.: Addison-Wesley, 1987), pp. 11 8-1 19. Chapter 17 International Trade and Finance 15 Thus the case for free trade is a subtle one. As always, special-interest...

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