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Aggregation And Imperfect Competition: On The Existence Of Equilibrium, Andrew S. Caplin, Barry Nalebuff

Cowles Foundation Discussion Papers

We present a new approach to the theory of imperfect competition and apply it to study price competition among differentiated products. The central result provides general conditions under which there exists a pure strategy price equilibrium for any number of firms producing any set of products. This includes products with multi-dimensional attributes. In addition to the proof of existence, we provide conditions for uniqueness. Our analysis covers location models, the characteristic approach, and probabilistic choice together in a unified framework. To prove existence, we employ aggregation theorems due to Prekopa (1971) and Borell (1975). Our companion paper [CFDP 938] introduces …

Aggregation And Social Choice: A Mean Voter Theorem, Andrew S. Caplin, Barry Nalebuff

Cowles Foundation Discussion Papers

A celebrated result of Black (1984a) demonstrates the existence of a simple majority winner when preferences are single-peaked. The social choice follows the preferences of the median voter’s most preferred outcome beats any alternative. However, this conclusion does not extend to elections in which candidates differ in more than one dimension. This paper provides a multi-dimensional analog of the median voter result. We show that the mean voter’s most preferred outcome is unbeatable according to a 64%-majority rule. The weaker conditions supporting this result represent a significant generalization of Caplin and Nalebuff (1988). The proof of our mean voter result …

The Weak Case For Conversion Legislation, Murray L. Weidenbaum

Murray Weidenbaum Publications

This paper analyzes the feasibility of a so-called "defense conversion" that would transfer defense technology to civilian uses, concluding that such a transfer would be a difficult and undesirable public policy.

An Evaluation Of Car-Ownership And Car-Usage Policies In Singapore, Sock-Yong Phang, Anthony Chin

Research Collection School Of Economics

Report presented to Parliament 2 January 1990 as part of Select Committee on Land Transportation Policy. Covers the transportation policies of Singapore from 1960s to 1980s. Analysis of car ownership policies, including PARF. Analysis of car usage policies.

A Study Of Values And Managerial Practices, Po-Wen Chuang

Theses

The multinational corporations (MNCs) have been a major contributing factor to the rapid growth of the world economy since World War II. In recent years, multinational corporations are said to facilitate transfer of management techniques, thereby accelerating industrial growth, consumption, and a higher standard of living.

Research on multinational corporations has raised many issues, one of the most interesting issues being the transfer of technology within multinational corporations. Technology includes both the so called "hardware" technology such as capital labor ratio, product design and manufacturing methods, and "software" or managerial technology. Differences in managerial technology used by multinational corporations are …

New Mexico Labor Market Review 01-31-1990, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review was prepared by the New Mexico Department of Labor in cooperation with U.S. Bureau of Labor Statistics for December of 1989. It is a report on the state's employment and economic activity.

Ua12/2/1 College Heights Herald, Vol. 65, No. 30, Wku Student Affairs

WKU Administration Documents

WKU campus newspaper reporting campus, athletic and Bowling Green, Kentucky news. This issue contains articles:

• Patrick, Kelli. Housing Plan Out; We Have a Voice
• Summers, Kaye. Dolls Mirror Past of New International Counselor – Ann Stathos
• Bricking, Tanya. Officials Confident Wallace Wilkinson’s Pledge Will Pan Out
• College Enrollments Rise 4 Percent by 2000
• Flu Relief is Just a Call Away
• Interorganizational Council to Elect Officer Tomorrow
• Minority Institute for Seniors Announced
• Western Chamber Band’s Recording of Song Heard at Cotton Bowl
• Bricking, Tanya & Laura Howard. Western Buys Spot for Center – Institute for Economic Development
• Wessling, Susan. 22 Chinese …

Economic Linkages: Greater Minnesota And The Twin Cities, Kathy Novak

Journal of the Minnesota Academy of Science

No abstract provided.

The Global Economy: The Vision From The North, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Prepared for La Conferencia Internacional Sobre Economia Politica de las Economias Semi-Industrializadas, El Caso Latinoamericano, Mexico City, Mexico, Jan. 10-12, 1990. Also included is a heavily edited rough draft.

Indiana State University Financial Report 1990, Indiana State University

Financial Reports

No abstract provided.

Remarks Prepared For Delivery By Secretary Of Agriculture Clayton Yeutter To The American Chamber Of Commerce, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

Most Americans won't ever forget -- and I certainly won't -- the news photos taken of the destruction of the Berlin Wall. But even as this political wall was toppling, other walls were going up, ever higher, around the world. I am talking about economic walls -- the subsidies, import bans, price supports, and other policies - which are distorting, and threatening to destroy, the world's agricultural trade.

Remarks Prepared For Delivery To The Journal Of Commerce And The National Foreign Trade Council's Uruguay Round Conference By Secretary Of Agriculture Clayton Yeutier, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

It is time to quit pretending that supply management works as a farm income enhancement program. It may in the short run; it doesn't in the long run. It is time to stop pretending that protectionist trade policies help America's agriculture. They may in the short run; they don't in the long run.

Remarks Prepared For Delivery To The Organization For Economic Cooperation And Development Ministerial Meeting By U.S. Secretary Of Agriculture Clayton Yeuiter, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

This is a particularly important time for us to be gathering for this Ministerial meeting. The Uruguay Round of negotiations under the General Agreement on Tariffs and Trade (GATT) is entering a crucial period. It is imperative that the Organization for Economic Cooperation and Development (OECD) make a strong statement of support for freer and fairer trade in all fields, including agriculture. The nations of the world are looking to the OECD to clearly point the way toward an improved world trading system.

Remarks Prepared For Delivery To The International Office Of Epizootics By U.S. Secretary Of Agriculture Clayton Yeutter, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

It is a pleasure for me to be with you today at the annual meeting of the International Office of Epizootics. I would first like to congratulate the recipients of your gold and silver awards, which I am sure are well-deserved. I also want to state how much the United States has appreciated the efforts of Director-General Blajan. Although we have only been a member of OlE since 1978, we have developed great respect for this organization. OlE is held in high regard throughout the world, and the firm and competent leadership of Dr. Blajan has been a major reason …

Cb President Bush's "America The Beautiful Initiative" At The White House Remarks By President Bush And Secretary Of Agriculture Clayton Yeutter, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

SEC. YEUTTER: Good morning, ladies and gentlemen, and welcome to this auspicious tree-planting ceremony. We're delighted to have you all here. That's quite a tree that we're going to be planting. I'm not sure we're going to get that job done with two shovels, but maybe that depends on how fast people shovel. At any rate, we'll give you some experience in that regard very shortly. As we begin the program, I'd like to spend just two minutes giving the essence of what the morning's activity is about. Then, I'll introduce some of our special guests here, and then, of …

Clayton Yeutter Secretary Of Agriculture Before The Senate Committee On Agriculture, Nutrition, And Forestry February 7, 1990, Clayton K. Yeutter

Clayton K. Yeutter, United States Secretary of Agriculture: Papers

Mr. Chairman and Members of the Committee, I welcome the invitation to appear today to discuss the 1990 Farm Bill. The making of farm policy in 1990 will be truly historic. The road that we take over the coming months will be vital to u.s. farmers, the American public, and, in fact, the world. As you know, we have been working very hard at the USDA and within the Administration for many months to develop proposals that we believe will best serve our nation's food and fiber industries and all Americans. Yesterday we unveiled our ideas. This morning, I would …

Introduction, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

“Introduction” for a prospective volume, Modern Money: Preconditions for a Successful Capitalism.

Comments On The Federal Reserve, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

An undated memo by Minsky with his comments on the United States Federal Reserve System.

The Bubble In The Price Of Baseball Cards, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

No abstract provided.

The Globalization Of Finance, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Handwritten notes with post-it attached to page 3. The download includes this page both with and without the attachement.

Reconstitution, Hyman P. Minsky Ph.D.

Hyman P. Minsky Archive

Fragment labeled "Reconstitution" and paginated pp 32-37.

Socialism In Transition 1990-91, Department Of Economics

Werner Sichel Lecture Series

"Socialism in Transition" is the twenty-seventh Annual Public Lecture Series organized by the Department of Economics at Western Michigan University. This year's series is directed by Dr. William S. Kern of the WMU Economics Department, and is co-sponsored by the W. E. Upjohn Institute for Employment Research. All lectures are open to the public and no admission is charged. A question and answer session follows each lecture.

Utility Function And Fiscal Illusion From Grants, Yeung-Nan Shieh, J. P. O'Brien

Faculty Publications

No abstract provided.

Nova University 1990 Annual Report, Nova University

NSU Annual Reports

No abstract provided.

Industrial Resources: Ohio County, Kentucky Library Research Collections

Ohio County

"Resources for Economic Development: Ohio County, Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research and Planning in cooperation with the Ohio County Industrial Foundation, Inc., and the Ohio County Chamber of Commerce, 1990. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Pendleton County - Falmouth And Butler, Kentucky Library Research Collections

Pendleton County

"Resources for Economic Development: Falmouth and Butler, Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research and Planning in cooperation with the Pendleton County Chamber of Commerce, 1990. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Perry County - Hazard, Kentucky Library Research Collections

Perry County

"Resources for Economic Development: Hazard, [Kentucky]" prepared by the Kentucky Cabinet for Economic Development, Division of Research and Planning in cooperation with the Hazard-Perry County Chamber of Commerce, 1990. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate

Industrial Resources: Owsley County - Booneville, Kentucky Library Research Collections

Owsley County

"Resources for Economic Development: Booneville, Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research and Planning in cooperation with the City of Booneville, 1990. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Owen County - Owenton, Kentucky Library Research Collections

Owen County

"Resources for Economic Development: Owenton, Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research and Planning in cooperation with the Owen County Chamber of Commerce, 1990. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, sewage, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.

Industrial Resources: Powell County, Kentucky Library Research Collections

Powell County

"Resources for Economic Development: Powell County, Kentucky" prepared by the Kentucky Cabinet for Economic Development, Division of Research and Planning in cooperation with the Powell County Industrial Development Association, Inc., 1990. The report includes, but is not limited to, information about: population, labor market, local manufacturing, transportation, utilities, fuel, water, industrial sites, local government and services, taxes, educational and health facilities, housing, communication, recreation, natural resources, markets, and climate.