General X-efficiency Theory and Economic Development

General X-efficiency Theory and Economic Development PDF Author: Harvey Leibenstein
Publisher: Oxford University Press, USA
ISBN: 0195023803
Category : Economic development
Languages : en
Pages : 200

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General X-efficiency Theory and Economic Development

General X-efficiency Theory and Economic Development PDF Author: Harvey Leibenstein
Publisher: Oxford University Press, USA
ISBN: 0195023803
Category : Economic development
Languages : en
Pages : 200

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Book Description


General X-Efficiency Theory and Economic Development

General X-Efficiency Theory and Economic Development PDF Author: Harvey Leibenstein
Publisher: Oxford University Press
ISBN: 0195365410
Category : Business & Economics
Languages : en
Pages : 200

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A General Theory of Economic Development

A General Theory of Economic Development PDF Author: Sung-Hee Jwa
Publisher: Edward Elgar Publishing
ISBN: 1785367994
Category : Capitalism
Languages : en
Pages : 317

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Book Description
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.

Inflation, Income Distribution and X-Efficiency Theory

Inflation, Income Distribution and X-Efficiency Theory PDF Author: Harvey Leibenstein
Publisher: Taylor & Francis
ISBN: 1000648745
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
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

X-efficiency PDF Author: Roger S. Frantz
Publisher:
ISBN:
Category :
Languages : en
Pages : 227

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X-efficiency Theory and Productivity Retardation

X-efficiency Theory and Productivity Retardation PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 31

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The Beginnings of Behavioral Economics

The Beginnings of Behavioral Economics PDF Author: Roger Frantz
Publisher: Academic Press
ISBN: 0128157054
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
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

Governing the Market

Governing the Market PDF Author: Robert Wade
Publisher: Princeton University Press
ISBN: 9780691117294
Category : Business & Economics
Languages : en
Pages : 500

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Book Description
"George Clooney and Mark Wahlberg lead a talented cast in this harrowing special-effects adventure intercutting the plight of seafarers struggling to reach safe harbor with the heroics of air/sea rescue crews"--Container.

X-Efficiency: Theory, Evidence and Applications

X-Efficiency: Theory, Evidence and Applications PDF Author: Roger S. Frantz
Publisher: Springer Science & Business Media
ISBN: 1461337992
Category : Business & Economics
Languages : en
Pages : 237

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Book Description
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 be havioral description of (selective) rationality. It seemed that Leibenstein's behavioral description of a (selectively) rational individual 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 im pressed with the idea that what Leibenstein was referring to as X-ineffi ciency was being discussed by psychologists as "the way it (often) is. " So from the beginning I always considered the concept of X-(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 em pirical evidence which was being cited as evidence for the role of property rights might also be consistent with XE theory.

Studies in Economic Rationality

Studies in Economic Rationality PDF Author: Klaus Weiermair
Publisher: University of Michigan Press
ISBN: 9780472101542
Category : Business & Economics
Languages : en
Pages : 418

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