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1New rules for the new economy

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“New rules for the new economy” Metadata:

  • Title: New rules for the new economy
  • Author:
  • Language: English
  • Number of Pages: Median: 179
  • Publisher: ➤  Fourth Estate - Penguin Group USA, Inc. - Penguin - Viking
  • Publish Date:
  • Publish Location: ➤  New York, N.Y - New York - London

“New rules for the new economy” Subjects and Themes:

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Access and General Info:

  • First Year Published: 1998
  • Is Full Text Available: Yes
  • Is The Book Public: No
  • Access Status: Printdisabled

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    Diminishing returns

    factory increasing its saleable product, but also increasing its CO2 production, for the same input increase. The law of diminishing returns is a fundamental

    Returns to scale

    capital) increase by 100%, the increase in output is greater than 100%. The main reason for the increasing returns to scale is the increase in production

    Network effect

    (computing) Path dependence Protocol ossification Reed's law Returns to scale (increasing returns) Social multiplier effect Two-sided market Shapiro, Carl;

    Cost curve

    there are increasing returns to scale in some range of output levels, but the firm is so big in one or more input markets that increasing its purchases

    Supermodular function

    characterized by "increasing differences." Seen from the point of set functions, this can also be viewed as a relationship of "increasing returns", where adding

    W. Brian Arthur

    Belfast-born economist credited with developing the modern approach to increasing returns. He has lived and worked in Northern California for many years. He

    New trade theory

    models in international trade theory which focuses on the role of increasing returns to scale and network effects, which were originally developed in the

    Harold Hotelling

    literature on non-convex sets, when Piero Sraffa wrote about firms with increasing returns to scale in 1926, after which Hotelling wrote about marginal cost

    Piero Sraffa

    firm increases, there are initially increasing returns and, beyond a certain point, decreasing returns. Sraffa notes that the law of decreasing returns and

    Economies of scale

    has constant returns to scale if increasing all inputs by some proportion results in output increasing by that same proportion. Returns are decreasing