๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

There is good physics in theory reduction

โœ Scribed by Fritz Rohrlich


Publisher
Springer US
Year
1990
Tongue
English
Weight
869 KB
Volume
20
Category
Article
ISSN
0015-9018

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๐Ÿ“œ SIMILAR VOLUMES


Why is there a tendency to excess demand
โœ Michael Bleaney ๐Ÿ“‚ Article ๐Ÿ“… 1992 ๐Ÿ› Springer US ๐ŸŒ English โš– 594 KB

In recent discussion of the transition from a planned to a market economy it has been suggested that the queuing costs associated with excess demand represent a deadweight welfare loss. A simple model of the planned economy is developed and used to explain why the planners might choose to permit som