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Table of contents (12 chapters)
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Front Matter
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Back Matter
About this book
Reviews
'The role of increasing returns in the economy has been studied since the time of Adam Smith, yet it does not accord well with standard theories of competitive equilibrium. Yew-Kwang Ng has now presented in a comprehensive fashion the implications of taking increasing returns seriously and shown how they can be analyzed in a useful and highly original manner.' - Professor Kenneth Arrow, Nobel Laureate in Economics, Stanford University, US.
'Our failure to grapple adequately with the challenges of increasing returns is one of the great scandals of economics. But the problems are so hard that most people just look away. So hooray for Yew-Kwang Ng, who in this book shows that we can make progress in this area, and that incorporating increasing returns makes a fundamental difference to how we see the world.' - Professor Geoffrey Heal, Columbia Business School, US.
About the author
Bibliographic Information
Book Title: Increasing Returns and Economic Efficiency
Authors: Yew-Kwang Ng
DOI: https://doi.org/10.1057/9780230236813
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Economics & Finance Collection, Economics and Finance (R0)
Copyright Information: Palgrave Macmillan, a division of Macmillan Publishers Limited 2009
Hardcover ISBN: 978-0-230-20209-2Published: 30 April 2009
eBook ISBN: 978-0-230-23681-3Published: 30 April 2009
Edition Number: 1
Number of Pages: XIII, 200
Topics: Social Choice/Welfare Economics/Public Choice/Political Economy, Economic Theory/Quantitative Economics/Mathematical Methods, Public Finance