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Public Enterprise Economics: Theory and Application
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Author:
Dieter BosNumber Of Reads:
Language:
English
Category:
Social sciencesSection:
Pages:
480
Quality:
excellent
Views:
368
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Book Description
This clear, precisely written text presents an important branch of the modern, microeconomically based theory of public finance, using only calculus. Answers are provided to some pertinent economic questions, such as the influence of rationed labour and energy markets on public pricing, and the influence of political models on denationalization. Great importance is attached to rate-of-return regulation, the peak-load problem, and the well known rules of public pricing (marginal-cost pricing, pricing under a revenue-cost restraint, and adjustments to monopolistic structures in the private economy), which are elucidated in the light of contemporary theory. The most important theoretical pricing rules are empirically tested by using data on London Transport.
Dieter Bos
Dieter Bos was an Austrian lawyer and economist. Bös first studied law at the University of Vienna and received his doctorate for the first time in 1963. He then turned to economics and received his doctorate again in 1968. He taught at the Universities of Graz and Vienna and in 1979 accepted a call to the University of Bonn, where he held the chair for finance to the end. From 1973 Bös was editor of the journal for national economy (from 1986 Journal of Economics). In 1984 he was one of the 27 founding members of the European Economic Association. Bös gained international recognition in particular for his contributions to the theory of public companies and their privatization and regulation. He has written several books and published numerous articles in international journals.
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