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Allocation of Factors in Competitive Markets

John P. Burkett

in Microeconomics: Optimization, Experiments, and Behavior

Published in print:
2006
Published Online:
October 2011
ISBN:
9780195189629
eISBN:
9780199850778
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189629.003.0008
Subject:
Economics and Finance, Microeconomics

This chapter examines the issues considered in the allocation of factors in competitive markets. It suggests that general equilibrium analysis is very useful in public finance and international trade ... More


Exchange and Product Assortment

John P. Burkett

in Microeconomics: Optimization, Experiments, and Behavior

Published in print:
2006
Published Online:
October 2011
ISBN:
9780195189629
eISBN:
9780199850778
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189629.003.0010
Subject:
Economics and Finance, Microeconomics

This chapter considers the exchange of existing goods between consumers and analyzes how product assortment is determined in competitive markets. It explains that if consumers are free to trade, they ... More


Loss Aversion and Reference-dependent Preferences

John P. Burkett

in Microeconomics: Optimization, Experiments, and Behavior

Published in print:
2006
Published Online:
October 2011
ISBN:
9780195189629
eISBN:
9780199850778
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189629.003.0011
Subject:
Economics and Finance, Microeconomics

This chapter discusses microeconomics theories of reference-dependent consumer preferences and loss aversion. It provides evidence that under some circumstances preferences depend on a reference and ... More


Trade-offs: selection, phylogeny, and constraint

Graham K. Taylor and Adrian L. R. Thomas

in Evolutionary Biomechanics

Published in print:
2014
Published Online:
April 2014
ISBN:
9780198566373
eISBN:
9780191779459
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198566373.003.0008
Subject:
Biology, Evolutionary Biology / Genetics, Ornithology

This chapter uses multi-objective optimization theory to examine how natural selection resolves trade-offs among multiple conflicting performance objectives. Because physical constraint is universal, ... More


Evolutionary Modeling of Routes: The Case of Road Design

Ângela Guimarães Pereira

in Spatial Evolutionary Modeling

Published in print:
2001
Published Online:
November 2020
ISBN:
9780195135688
eISBN:
9780197561621
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780195135688.003.0015
Subject:
Computer Science, Mathematical Theory of Computation

In this study a route is defined as the path that a linear structure or facility follows in the terrain. Linear structures comprise facilities such as ... More


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