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Now showing items 101-106 of 106
Profit and Cost in "Modern" Post-Marxian Profit Theory: A Case Study from Varian's "Intermediate Microeconomics"
(2003-09)
In this paper, I examine the treatment of competitive profit of professor Varian in his
textbook on Microeconomics, as a representative of the “modern” post-Marxian view on competitive profit. I show how, on the one hand, ...
A Fundamental Contradiction in Standard Rent Theory: A Case Study on Varian's "Intermediate Microeconomics"
(2004)
In this paper, I examine Varian’s treatment of rent in his textbook on Microeconomics. I argue that he holds contradictory conceptions: sometimes rent is defined as surplus over cost whereas sometimes it is defined as cost, ...
Characterization of efficient networks in a generalized connections model with endogenous link strength
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2019-05-09)
We consider a natural generalization of Jackson and Wolinsky s (1996) connections model where the quality or strength of a link depends on the amount invested in it and is determined by a non-decreasing function of that ...
Efficiency of weighted networks
(Fundamentos del Análisis Económico I, UPV/EHU, 2017-11-14)
In this paper, we address the question of the efficiency of weighted networks in a setting where nodes derive utility from their direct and indirect connections. Under rather general conditions, based on a set of assumptions ...
A Note on Efficiency in a Unifying Model of Strategic Network Formation
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2018-05-15)
The main point of this note is to provide a simpler and shorter proof of the result on efficiency in Olaizola and Valenciano (2017a) based on a result on efficiency of weighted networks in Olaizola and Valenciano (2017b). ...
Profit as Cost versus Profit as Surplus over Cost: A Case Study on Varian's "Intermediate Microeconomics"
(UPV/EHU. Departamento de Fundamentos del Análisis Económico I/Ekonomi Analisiaren Oinarriak I Saila, 2004-12)
On the analysis of Varian’s textbook on Microeconomics, which I take to be a
representative of the standard view, I argue that Varian provides two contrary notions of profit, namely, profit as surplus over cost and profit ...