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Equilibrium, Anwar Shaikh Phd

Archives of Anwar Shaikh

This folder includes:
Handwritten note cards titled:

• On the Structure of Steady State Equilibrium (David Gale, Dec. 1971; title in red ink)
• The Irrelevance of Equilibrium Economics (Economic Journal, Vol. 82, Dec. 1972)
• Vertical Integration, Prices & Values
• Vertical Integration, Prices & Values (I–2), covering quantities and prices
• Vertical Integration & Price, Value
• Vertical Integration & Transformation Problem
• Vertical Integration & Equal Organic Composition
• Vertical Integration & Period of Production
• [Marx & Smith] Vertical Integration and Decomposition of Output in Wages & Profits
• The Problem of Resolving the Entire Capital into Wages and Profits (1852; with red …

Time Value Of Money And Income Tax Evasion Under Risk-Averse Behavior: Theoretical Analysis And Empirical Evidence, Steven E. Crane, Farrokh Nourzad

Economics Faculty Research and Publications

No abstract provided.

In Search Of Predatory Pricing, R. Mark Isaac, Vernon L. Smith

Economics Faculty Articles and Research

Focuses on the reproduction of predatory pricing in laboratory environment. Definition on predatory pricing; Methods used to construct experimental design; Effect of predation on price increase and efficiency. Focuses on the reproduction of predatorypricing in laboratory environment. Definition on predatorypricing; Methods used to construct experimental design; Effect of predation on price increase and efficiency.

Does Capitalism Infringe Property Rights: A Reply To Peter Morriss, Chandran Kukathas

Research Collection School of Social Sciences

In a research note on 'How Capitalism Infringes Property Rights' {PoliticalStudies, XXXI (1983), pp. 656-61), Peter Morriss attempts to demonstratethat a Nozickian version of rights theory is incompatible with that account ofcapitalism which emphasizes the importance (and value) of entrepreneurialrisk-taking and entrepreneurial failure. Because bankruptcy is an acceptedconsequence of entrepreneurial failure, capitalism, which condonesbankruptcy, in fact condones the violations of the rights of creditors. Thusthose who, like Nozick, defend property rights as sacred and inviolable, 'shouldbe in the vanguard of capitalism's opponents' (p. 657) Since the rights-basedargument for capitalism is that rights can never be legitimately violated, 'oncethe rights theorist …

Wage Share, Market Power And Unionism: Some Contrary U.S. Evidence, Brian C. Brush, Steven E. Crane

Economics Faculty Research and Publications

In a recent article, Cowling and Molho (1982) presented empirical evidence on the relationships among the wage share, market power, and unionism in the U.K. Using multiple regression analysis on cross-sectional 1968 data for 118 industries,¹ they found strong, negative relationships between the share of production worker wages in value added and two measures of monopoly power in the product market, namely, concentration and advertising intensity. However, utilizing several alternative measures of union power, they found only limited support for the hypothesis that union power is positively associated with this wage share. Cowling and Molho (hereafter, GM) also examined …

Ua68/2 Intercambio Internacional, Vol. Ix, No. 1, Wku Latin American Studies

WKU Administration Documents

Newsletter created by WKU Latin American Studies program regarding science, politics and economic advances in Latin America as well as cooperative projects between WKU and universities across Latin America. The newsletter is written in both English and Spanish.

Market Structure And Rivalry: New Evidence With A Non-Linear Model, Michael L. Marlow, John P. Link, Robert P. Trost

Economics

It is argued that the estimation techniques used by previous researchers to study rivalry in financial markets are inappropriate. The assumptions of both ordinary least-squares and Tobi analysis are violated when these techniques are used to analyze mobility and turnover data. To overcome the difficulties in the previous studies, we suggest a non-linear model (which is closely related to the Poisson model). This model is designed for describing frequency data and is not subject to the criticisms to which ordinary least-square and Tobut are subject.

Intertemporal Extraction Of Mineral Resources Under Variable Rate Taxes, Robert F. Conrad, Bryce Hool

Research Collection School Of Economics

Variable-rate taxes are being applied with increasing frequency in the US and other countries. However, their effects typically go beyond those that have motivated their use. The formulation of mineral tax policy should take into account the complete list of consequences.-from Authors

Statement [For] Distribution And Economics Of Employer Provided Fringe Benefits: Hearings Before The Subcommittee On Social Security And Subcommittee On Select Revenue Measures Of The Committee On Ways And Means, House Of Representatives, Stephen A. Woodbury

Testimonies

No abstract provided.

Book Review Of Law And Economics: Cases And Materials, Jeffrey L. Harrison

Journal of Legal Education

No abstract provided.

Book Review Of The Economics Of Crime And Law Enforcement, Susan Rose-Ackerman

Journal of Legal Education

No abstract provided.

Prices, Employment, And Profit, Hyman P. Minsky Ph.D., Pierro Ferri

Hyman P. Minsky Archive

An original draft and a good copy of this article are also included.

Incentives In Manufacturing: The Carrot And The Stick, Frederic L. Pryor

Economics Faculty Works

No abstract provided.

I.G. Farben's Petro-Chemical Plant And Concentration Camp At Auschwitz, Robert Simon Yavner

History Theses & Dissertations

This study examines the history of the petrochemical plant and concentration camp run by I.G. Farbenindustrie (the dominant German chemical company during World War II) at Auschwitz to decide upon the degree of Farben’s involvement with Hitler and the Holocaust. The study traces the construction of the plant to determine Farben's participation at Auschwitz. The main sources consulted were the transcripts of the postwar Farben trial at Nuremberg along with eyewitness accounts of members of the prosecution staff. Based on the court's verdict, one might conclude that I.G. Farben operated in a state of coercion during the war and could …

Electricity Consumption In Nigeria: An Econometric Analysis, Sam Chuka Ljeh

Economic and Financial Review

The purpose of this study is to identify the variables that influence electricity consumption, specify the correct relationships between these variables and electricity consumption and provide statistical evidence of these relationships in Nigeria.

A Physical Interpretation Of The Maximum Likelihood Estimation Of A Linear Functional Relationship Model, Y. V. Hui, Yiu Kuen Tse

Research Collection School Of Economics

This paper presents a physical interpretation of estimating the parameters of a linear functional relationship model. The estimates are determined from the stable equilibrium position of a mechanical system. It is found that the estimates obtained from the physical model coincide with the maximum likelihood estimates.

Recruiting Techniques To Detect Truth And Personality, Franklin Keith Howard

Theses

Organizations today increasingly rely upon new measures of detecting employee honesty. Such approachs including lie detectors, handwriting analysis, voice stress tests, have their supporters and detractors.

This thesis will specifically concentrate upon the phenomenon of lie detectors...its origin, application and evaluation.

This thesis covers reasons why employers use these techniques, controversial issues centered around their use, legal implications, and their outlook in the employment setting.

Bank Structure And Mortgage Rates: Reply, Michael L. Marlow

Economics

No abstract provided.

The Cost Effective Acquisition And Dissemination Of Market Information: A Computerized Approach, Tammy Burton

All Graduate Theses and Dissertations, Spring 1920 to Summer 2023

Clearly, many of the developments in computerized market systems are regarded as revolutionary in an industry which has undergone diminutive changes in marketing its products and acquiring current market information. Cognizance of the agricultural market situation is pertinent for maximum production efficiency, bargaining strength, and financial success for producers.

Collectively, producers in Utah face the dilemma of receiving approximately ten percent less in cash receipts for their commodities than their counterparts in surrounding states. Market information that was attainable by producers was often obsolete, redundant, expensive, and irrelevant to the market situation in Utah.

The implementation of a Computerized Market …

Vol. 10 No. 2 (1987): Pacific Studies Full Issue, The Jonathan Nāpela Center For Hawaiian And Pacific Islands Studies

Pacific Studies

Pacific Studies is published two times a year by The Jonathan Nāpela Center for Hawaiian and Pacific Studies, Brigham Young University Hawai‘i #1979, 55–220 Kulanui Street, Lāʻie, Hawai‘i 96762, but responsibility for opinions expressed in the articles rests with the authors alone. Subscription rate is US$40.00 yearly, payable to The Jonathan Nāpela Center for Hawaiian and Pacific Studies. The Jonathan Nāpela Center for Hawaiian and Pacific Studies (formerly The Pacific Institute) is an organization funded by Brigham Young University Hawai‘i. The Center assists the University in meeting its cultural and educational goals by undertaking a program of teaching, research, and …

Princess Anne County: A Study In Material Wealth, Todd Grant Duncan

History Theses & Dissertations

This is a study of material culture in Princess Anne County, Virginia, from 1691 to 1823, based on court records. These documents allow the historian to determine the economic worth of a group of individuals, analyze the types of people comprising this group, categorize the types and quantities of possessions owned, and differentiate between economic groups according to possessions and currency listed. Trends of ownership for the whole period, the determination of individual occupations, and the occupational content of the people of the county at large are also discussed. Other areas focused on included the level of literacy, the role …

A Systems Paradigm For Community Development, Salvatore Imbrogno

The Journal of Sociology & Social Welfare

The study of and practice in communities requires a theoretic construct of an overarching conceptualization that can "sweep-in" existing paradigms; variant epistemological foundations and methodological directives for complex community development. The purpose of this paper is to identify and define the existing epistemological and methodological approaches to communities with the objective of coalescing them into a unified system of inquiry. The intent is to first raise the level of abstraction in and about a community that goes beyond the confines of any (or combined) paradigm. In so doing, one can converge a polarity of opposing positions to the study and …

Asset Exchanges And The Transactions Demand For Money, 1919-1929, Alexander J. Field

Economics

This paper addresses a general theoretical question—the appropriate specification of the transactions demand for money—as well as a particular historical question: what triggered the Great Depression? Theoretically, fluctuations in the volume and value of asset exchanges in secondary asset markets can influence the transactions demand for money independently of real output and interest rates, and ought to be integrated into the analysis of those forces perturbing the demand for money and shifting LM curves in the absence of monetary intervention. Empirically, I demonstrate that, over the years 1919-29, monthly fluctuations in the volume and value of trading on the New …

The Economics Of Primary School Closings: A Cost Analysis, Raymond L. Raab, Richard W. Lichty

Journal of the Minnesota Academy of Science

Because of declining demands for a number of urban public services, public officials have had to make difficult adjustments towards more efficient levels of these services. One such adjustment of very great concern has been the modification of education services in response to declining enrollments. This study investigates the impacts of changing enrollments, enrollment scale, capacity utilization, and age of schools on per student instructional costs and per student cost of land and buildings. The resulting model has been estimated for Duluth, Minnesota primary schools and these regression estimates provide a good explanation for per student instructional costs. The residuals …

Review Of Studies In Public Regulation, By G. Fromm, Frank J. Navratil

Economics & Finance

No abstract provided.

An Empirical Study Of Property Tax Capitalization In The Cleveland Area, Kevin Adler

Honors Papers

Economists have long criticized the property tax on two counts: inherent assessment inaccuracies and regressivity with respect to income. The first problem is somewhat bureaucratic in nature, being the responsibility of the assessors. The second, however, looks into the heart of the property tax because it charges that the tax is fundamentally flawed. This paper will present evidence that rejects the regressivity notion.

Transformation, Anwar Shaikh Phd

Archives of Anwar Shaikh

This collection includes:

• Flaschel, P. (1984). The so-called “transformation problem” revisited: A comment. Journal of Economic Theory, 33(2), 349–351

• Handwritten Ricardian LTV (April 18, 1977)

• Econometric equations and results

• Transf. (March 15, 1976)

• Gold prod.

• Profit and surplus value (May 25, 1976)

• Comments on LTV

• Transformation

• Notes on Alfredo's S__ of value for Econ 204 (October 14, 1975)

• Sum of prices and money

• Gold producers

• Values and Marx's prices

• Equal of rates of profit and money commodity

• Simple reprod without gold

• Equations (April 24, n.d.)

• Iterative solution for price-value deviation

• Other handwritten notes with equations

Natural Monopoly And The Contestable Markets Hypothesis: Some Preliminary Results From Laboratory Experiments, Don R. Coursey, R. Mark Isaac, Vernon L. Smith

Economics Faculty Articles and Research

The concept of natural monopoly is one of the most familiar in economics. Many supposed natural monopolies are the object of widespread state, local, and federal regulation. It was in addressing issues of public utility regulation that Demsetz laid the foundation for an alternative scenario for decreasing cost markets. Demsetz's article promoted a debate over whether a formal auction system might provide a practical approach to monopoly control. This literature is rich in examining the practical difficulties of implementing such an institution. The important characteristic of the contestable markets hypothesis, as we interpret it, is that at least two firms …

Cyclical Double-Auction Markets With And Without Speculators, Arlington W. Williams, Vernon L. Smith

Economics Faculty Articles and Research

This study reports the results of 18 computerized 'double-auction' market experiments characterized by cycling excess demand. Two such market designs are studied: one with stationary supply and cycling demand, the other with cycling supply and demand. Data from a series of control experiments under conditions of intertemporal isolation (autarky) are compared with data from experiments where the two cyclical market phases are linked by a subset of agents (speculators). Allowing intertemporal speculation is found to be a significant treatment variable in both market designs; however, price convergence patterns are not robust with respect to the design change.

Income Tax Evasion: Some Aggregate Empirical Evidence, Steven E. Crane, Farrokh Nourzad

Economics Faculty Research and Publications

It is well-known that every year a substantial amount of income evades income taxation. This is obviously a significant policy problem. To solve this problem, the tax authorities must have information about the factors that taxpayers consider when deciding how much income to report on their tax returns. The need for such information has prompted a number of theoretical and empirical studies of the evasion problem.

In this paper some aggregate empirical evidence on income tax evasion in the U.S. is provided. This is accomplished by specifying an aggregate tax evasion function which is estimated over the period 1947-78. The …