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Titlebook: The Short-Run Approach to Long-Run Equilibrium in Competitive Markets; A General Theory wit Anthony Horsley,Andrew J. Wrobel Book 2016 Spri

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发表于 2025-3-21 18:47:02 | 显示全部楼层 |阅读模式
书目名称The Short-Run Approach to Long-Run Equilibrium in Competitive Markets
副标题A General Theory wit
编辑Anthony Horsley,Andrew J. Wrobel
视频video
概述The only substantial development of Boiteux‘s idea of the short-run approach to long-run market equilibrium.Comprehensive taxonomy of seventeen marginalist and programming characterizations of produce
丛书名称Lecture Notes in Economics and Mathematical Systems
图书封面Titlebook: The Short-Run Approach to Long-Run Equilibrium in Competitive Markets; A General Theory wit Anthony Horsley,Andrew J. Wrobel Book 2016 Spri
描述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 andindustrial reality by giving subdifferential extensions of basic results of microeconomics, including the Wong-Viner Envelope Theorem.
出版日期Book 2016
关键词Competitive equilibrium; Shadow pricing; Plant evaluation; Wong-Viner Envelope Theorem; Public utility p
版次1
doihttps://doi.org/10.1007/978-3-319-33398-4
isbn_softcover978-3-319-33397-7
isbn_ebook978-3-319-33398-4Series ISSN 0075-8442 Series E-ISSN 2196-9957
issn_series 0075-8442
copyrightSpringer International Publishing Switzerland 2016
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发表于 2025-3-21 20:22:05 | 显示全部楼层
https://doi.org/10.1007/978-3-319-33398-4Competitive equilibrium; Shadow pricing; Plant evaluation; Wong-Viner Envelope Theorem; Public utility p
发表于 2025-3-22 03:18:39 | 显示全部楼层
978-3-319-33397-7Springer International Publishing Switzerland 2016
发表于 2025-3-22 07:22:24 | 显示全部楼层
The Short-Run Approach to Long-Run Equilibrium in Competitive Markets978-3-319-33398-4Series ISSN 0075-8442 Series E-ISSN 2196-9957
发表于 2025-3-22 08:47:55 | 显示全部楼层
发表于 2025-3-22 15:46:32 | 显示全部楼层
Book 2016ating 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 flow
发表于 2025-3-22 17:14:29 | 显示全部楼层
发表于 2025-3-23 00:39:19 | 显示全部楼层
发表于 2025-3-23 03:10:09 | 显示全部楼层
发表于 2025-3-23 06:39:15 | 显示全部楼层
The Short-Run Approach to Long-Run Equilibrium in Competitive MarketsA General Theory wit
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