General X Efficiency Theory And Economic Development

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General X-efficiency Theory and Economic Development

Author : Harvey Leibenstein
Publisher : Oxford University Press, USA
Page : 200 pages
File Size : 55,9 Mb
Release : 1978
Category : Economic development
ISBN : 9780195023800

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General X-efficiency Theory and Economic Development by Harvey Leibenstein Pdf

General X-Efficiency Theory and Economic Development

Author : Harvey Leibenstein
Publisher : Oxford University Press
Page : 200 pages
File Size : 46,9 Mb
Release : 1978-08-31
Category : Business & Economics
ISBN : 9780195365412

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General X-Efficiency Theory and Economic Development by Harvey Leibenstein Pdf

A General Theory of Economic Development

Author : Sung-Hee Jwa
Publisher : Edward Elgar Publishing
Page : 232 pages
File Size : 48,6 Mb
Release : 2017-06-30
Category : Capitalism
ISBN : 9781785367991

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A General Theory of Economic Development by Sung-Hee Jwa Pdf

This book makes the bold attempt at proposing a new general theory of economic development. The main premise is that economic institutions and policies must embody ‘economic discrimination’ if there is to be any chance of real economic development. By economic discrimination, the author means ‘treating differences differently’ by selecting and supporting economic entities and behaviour that contribute positively to the economy. The book identifies markets, government and corporations as the ‘holy trinity of economic development’, that is, the three most important institutions that must work together via economic discrimination to steer the economy towards real transformative progress. The book also warns against the current trend of economic egalitarianism or ‘not treating differences differently’ because it destroys economic incentives and results in an array of economic problems including growth stagnation.

X-efficiency

Author : Roger S. Frantz
Publisher : Unknown
Page : 227 pages
File Size : 46,8 Mb
Release : 1990
Category : Electronic
ISBN : OCLC:610406459

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X-efficiency by Roger S. Frantz Pdf

Inflation, Income Distribution and X-Efficiency Theory

Author : Harvey Leibenstein
Publisher : Taylor & Francis
Page : 60 pages
File Size : 46,9 Mb
Release : 2022-08-30
Category : Business & Economics
ISBN : 9781000648744

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Inflation, Income Distribution and X-Efficiency Theory by Harvey Leibenstein Pdf

First published in 1980, Inflation, Income Distribution and X-Efficiency Theory presents an exploratory theoretical study of the linkages between income distribution, the degree of X-efficiency, and inflation and the level of employment in the context of developing society. It discusses themes like concept of income distribution; maximization versus non-maximization models; theory of inert areas; microtheory and inflation; monopoly and X-Efficiency theory; contracts, bargaining and inflation; theory of bargaining; survival strategies in the face of inflation; and policy implications of inflation. This book is a must read for students and scholars of macroeconomics and economics in general.

X-Efficiency: Theory, Evidence and Applications

Author : Roger S. Frantz
Publisher : Springer Science & Business Media
Page : 181 pages
File Size : 55,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461562658

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X-Efficiency: Theory, Evidence and Applications by Roger S. Frantz Pdf

My interest in X-Efficiency (XE) dates back to 1978. At the time, I was writing the dissertation for my Ph. D. at Washington State University. My dissertation was concerned with the role of attitudes in the school-to-work transition among young men. I was advised by Professor Millard Hastay (a member of my committee) to look at Leibenstein's "new" book, Beyond Economic Man. One of the things that caught my attention was his behavioral description of (selective) rationality. It seemed that Leibenstein' s behavioral description of a (selectively) rational individ ual was very similar to what psychologists such as Abraham Maslow were reporting as being the product of a particular motivational system. In other words, I was impressed with the idea that what Leibenstein was referring to as X-inefficiency was being discussed by psychologists as "the way it (often) is. " So from the beginning I always considered the concept ofX-(in)efficiency to be a valuable one for understanding human behavior. I have since come to believe that this is particularly true when considering behavior in non-market environments, i. e. , within the firm. Work on this book, however, can most realistically said to have started with work which I began in 1982 while I was a Visiting Scholar at Harvard University. Professor Leibenstein suggested that I consider how some empirical evidence which was being cited as evidence for the role of property rights might also be consistent with XE theory. (The consistency, in both directions, is considerable.

The Beginnings of Behavioral Economics

Author : Roger Frantz
Publisher : Academic Press
Page : 258 pages
File Size : 55,5 Mb
Release : 2019-10-05
Category : Business & Economics
ISBN : 9780128157053

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The Beginnings of Behavioral Economics by Roger Frantz Pdf

The Beginnings of Behavioral Economics: Katona, Simon, and Leibenstein's X-Efficiency Theory explores the mid-20th century roots of behavioral economics, placing the origin of this now-dominant approach to economic theory many years before the groundbreaking 1979 work on prospect theory by Daniel Kahneman and Amos Tversky. It discusses the work of Harvey Leibenstein, Herbert Simon, George Katona, and Frederick Hayek, reintroducing their contributions as founding pillars of the behavioral approach. It concentrates on the work of Leibenstein, reviewing his nuanced introduction of X-efficiency theory. Building from these foundations, the work explores the body of empirical research on market power and firm behavior – XE relationship. This book is a tremendous resource for graduate students and early career researchers in behavioral economics, experimental economics, organizational economics, social and organizational psychology, labor market economics and public policy. Reviews the powerful, but neglected contributions of mid-20th century scholars, like Leibenstein and Katona in building the roots of behavioral economic theory Amalgamates and reviews 50 years of empirical research and over 200 empirical papers on X-efficiency theory Establishes how X-efficiency can aid modern behavioral economics in further developing firm theory and understanding efficiency wages

Studies in Economic Rationality

Author : Klaus Weiermair,Mark Perlman
Publisher : University of Michigan Press
Page : 418 pages
File Size : 47,7 Mb
Release : 1990
Category : Business & Economics
ISBN : 0472101544

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Studies in Economic Rationality by Klaus Weiermair,Mark Perlman Pdf

Explores the X-efficiency paradigm in relation to the theory of the firm

Renaissance in Behavioral Economics

Author : Roger Frantz
Publisher : Routledge
Page : 249 pages
File Size : 50,8 Mb
Release : 2007-06-14
Category : Business & Economics
ISBN : 9781135994167

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Renaissance in Behavioral Economics by Roger Frantz Pdf

Economists working on behavioral economics have been awarded the Nobel Prize four times in recent years. This book explores this innovative area and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of the discipline. The topics covered in the book include agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect on decision-making; market pricing; experimental economics; human resource management; the Carnegie School, and intra-industry efficiency in less developed countries.

Business Organization and the Myth of the Market Economy

Author : William Lazonick
Publisher : Cambridge University Press
Page : 392 pages
File Size : 49,5 Mb
Release : 1993-05-28
Category : Business & Economics
ISBN : 0521447887

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Business Organization and the Myth of the Market Economy by William Lazonick Pdf

Explains the transitions in twentieth-century industrial leadership in terms of changing business investment strategies and organizational structures.

Economic Thought Since Keynes

Author : Michel Beaud,Gilles Dostaler
Publisher : Routledge
Page : 510 pages
File Size : 46,8 Mb
Release : 2005-09-27
Category : Biography & Autobiography
ISBN : 9781134711529

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Economic Thought Since Keynes by Michel Beaud,Gilles Dostaler Pdf

Economic Thought Since Keynes provides a concise overview of changing economic thought in the latter part of the twentieth century. Offering a concise biography of 150 influential economists since Keynes, it is an invaluable reference tool.

New Efficiency Theory

Author : Jati Sengupta
Publisher : Springer Science & Business Media
Page : 184 pages
File Size : 47,5 Mb
Release : 2012-11-10
Category : Business & Economics
ISBN : 9783540247913

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New Efficiency Theory by Jati Sengupta Pdf

New efficiency theory refers to the various parametric and semi-parametric methods of estimating production and cost frontiers, which include data envelopment analysis (DEA) with its diverse applications in management science and operations research. This monograph develops and generalizes the new efficiency theory by highlighting the interface between economic theory and operations research. Some of the outstanding features of this monograph are: (1) integrating the theory of firm efficiency and industry equilibrium, (2) emphasizing growth efficiency in a dynamic setting, (3) incorporating uncertainty of market demand and prices, and (4) the implications of group efficiency by sharing investments. Applications discuss in some detail the growth and decline of the US computer industry, and the relative performance of mutual fund portfolios.

Understanding Local Economic Development

Author : Emil Malizia,Edward J. Feser,Henry Renski,Joshua Drucker
Publisher : Routledge
Page : 313 pages
File Size : 51,6 Mb
Release : 2020-10-05
Category : Political Science
ISBN : 9781000193930

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Understanding Local Economic Development by Emil Malizia,Edward J. Feser,Henry Renski,Joshua Drucker Pdf

This book offers insights into the process and the practice of local economic development. Bridging the gap between theory and practice it demonstrates the relevance of theory to inform local strategic planning in the context of widespread disparities in regional economic performance. The book summarizes the core theories of economic development, applies each of these to professional practice, and provides detailed commentary on them. This updated second edition includes more recent contributions - regional innovation, agglomeration and dynamic theories – and presents the major ideas that inform economic development strategic planning, particularly in the United States and Canada. The text offers theoretical insights that help explain why some regions thrive while others languish and why metropolitan economies often rise and fall over time. Without theory, economic developers can only do what is politically feasible. This text, however, provides them with a logical tool for thinking about development and establishing an independent basis from which to build the local consensus needed for evidence-based action undertaken in the public interest. Offering valuable perspectives on both the process and the practice of local and regional economic development, this book will be useful for both current and future economic developers to think more profoundly and confidently about their local economy.

Reader's Guide to the Social Sciences

Author : Jonathan Michie
Publisher : Routledge
Page : 2166 pages
File Size : 49,8 Mb
Release : 2014-02-03
Category : Social Science
ISBN : 9781135932268

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Reader's Guide to the Social Sciences by Jonathan Michie Pdf

This 2-volume work includes approximately 1,200 entries in A-Z order, critically reviewing the literature on specific topics from abortion to world systems theory. In addition, nine major entries cover each of the major disciplines (political economy; management and business; human geography; politics; sociology; law; psychology; organizational behavior) and the history and development of the social sciences in a broader sense.