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The Short-Run Approach to Long-Run Equilibrium in Competitive Markets
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Bester Preis: € 2,99 (vom 13.03.2019)The Short-Run Approach to Long-Run Equilibrium in Competitive Markets (2016)
ISBN: 3319333976 bzw. 9783319333977, in Deutsch, neu.
The Short-Run Approach to Long-Run Equilibrium in Competitive Markets
ISBN: 9783319333977 bzw. 3319333976, in Deutsch, Springer Shop, Taschenbuch, neu.
The authors present a new formal framework for finding the long-run competitive market equilibrium through short-run equilibria by exploiting the operating policies and plant valuations. This “short-run approach” develops ideas of Boiteux and Koopmans. Applied to the peak-load pricing of electricity generated by thermal, hydro and pumped-storage plants, it gives a sound and practical method of valuing the fixed assets—in this case, the river flows and the geological sites suitable for reservoirs. Its main mathematical basis is the producer’s short-run profit maximization programme and its dual; their solutions have relatively simple forms that can greatly ease the fixed-point problem of solving for the general equilibrium. Since the optimal values (profit and cost functions) are usually nondifferentiable—this is so when there are joint costs of production such as capacity constraints—nonsmooth calculus is employed to resolve long-standing discrepancies between textbook theory and industrial reality by giving subdifferential extensions of basic results of microeconomics, including the Wong-Viner Envelope Theorem. Soft cover.
The Short-Run Approach to Long-Run Equilibrium in Competitive Markets (2016)
ISBN: 9783319333984 bzw. 3319333984, in Deutsch, Springer International Publishing, Taschenbuch, neu.
The Short-run Approach To Long-run Equilibrium In Competitive Markets: A General Theory With Application To Peak-load Pricing With
ISBN: 9783319333977 bzw. 3319333976, vermutlich in Englisch, neu.
The authors present a new formal framework for finding the long-run competitive market equilibrium through short-run equilibria by exploiting the operating policies and plant valuations. This "short-run approach" develops ideas of Boiteux and Koopmans. Applied to the peak-load pricing of electricity generated by thermal, hydro and pumped-storage plants, it gives a sound and practical method of valuing the fixed assets-in this case, the river flows and the geological sites suitable for reservoirs. Its main mathematical basis is the producer''s short-run profit maximization programme and its dual; their solutions have relatively simple forms that can greatly ease the fixed-point problem of solving for the general equilibrium. Since the optimal values (profit and cost functions) are usually nondifferentiable-this is so when there are joint costs of production such as capacity constraints-nonsmooth calculus is employed to resolve long-standing discrepancies between textbook theory and industrial reality by giving subdifferential extensions of basic results of microeconomics, including the Wong-Viner Envelope Theorem.
The Short-Run Approach to Long-Run Equilibrium in Competitive Markets
ISBN: 9783319333977 bzw. 3319333976, in Deutsch, neu.
The authors present a new formal framework for finding the long-run competitive market equilibrium through short-run equilibria by exploiting the operating policies and plant valuations. This “short-run approach” develops ideas of Boiteux and Koopmans. ,Applied to the peak-load pricing of electricity generated by thermal, hydro and pumped-storage plants, it gives a sound and practical method of valuing the fixed assets—in this case, the river flows and the geological sites suitable for reservoirs. Its main mathematical basis is the producer’s short-run profit maximization programme and its dual, their solutions have relatively simple forms that can greatly ease the fixed-point problem of solving for the general equilibrium. Since the optimal values (profit and cost functions) are usually nondifferentiable—this is so when there are joint costs of production such as capacity constraints—nonsmooth calculus is employed to resolve long-standing discrepancies between textbook theory and industrial reality by giving subdifferential extensions of basic results of microeconomics, including the Wong-Viner Envelope Theorem.
The Short-Run Approach to Long-Run Equilibrium in Competitive Markets - A General Theory with Application to Peak-Load Pricing with Storage
ISBN: 9783319333984 bzw. 3319333984, in Deutsch, Springer-Verlag, neu, E-Book, elektronischer Download.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen
The Short-Run Approach to Long-Run Equilibrium in Competitive Markets, A General Theory with Application to Peak-Load Pricing with Storage
ISBN: 9783319333977 bzw. 3319333976, in Deutsch, Springer-Verlag Gmbh, Taschenbuch, neu.
bol.com.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen
The Short-Run Approach to Long-Run Equilibrium in Competitive Markets - A General Theory with Application to Peak-Load Pricing with Storage
ISBN: 9783319333984 bzw. 3319333984, in Deutsch, Springer International Publishing, neu, E-Book, elektronischer Download.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen
The Short-Run Approach to Long-Run Equilibrium in Competitive Markets
ISBN: 9783319333984 bzw. 3319333984, in Deutsch, Springer Shop, neu, E-Book, elektronischer Download.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen
The Short-Run Approach to Long-Run Equilibrium in Competitive Markets (2016)
ISBN: 9783319333984 bzw. 3319333984, in Deutsch, Springer, Springer, Springer, neu, E-Book, elektronischer Download.
Die Beschreibung dieses Angebotes ist von geringer Qualität oder in einer Fremdsprache. Trotzdem anzeigen