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BOOKS by Martine Quinzii

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Increasing Returns and Efficiency

Increasing Returns and Efficiency more books like this

by Martine Quinzii

Increasing returns to scale is an area in economics that is becoming more important in the literature. The economic phenomenon of increasing returns presents serious conceptual difficulties for the traditional competitive theory of resource allocation. While most firms exhibit constant or decreasing returns to scale, some firms manufacture ...

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Theory of Incomplete Markets, Volume 1

Theory of Incomplete Markets, Volume 1 more books like this

by Michael Magill, Martine Quinzii

This text presents a framework for analyzing the financial and monetary sectors of an economy. It describes a theory that claims a lack of knowledge on behalf of the trader results in sequential trading, which limits commitments into the future - and considers the implications of such trading.

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