If a business is in a market subject to the network effect, a company may price products differently when the business begins than when the network effect takes hold. As a business grows due to the network effect, it often makes sense to increase prices as demand for the product grows. Bu...
What Is a Spillover Cost in Economics? Similar to spillover effects are spillover costs, more commonly known as negative externalities. A spillover cost is a cost incurred by any third party outside of a transaction without their agreement or without compensation. Pollution is popularly used to...
The relationship between governmental performance and participation in public sector accounting and financial processes : the case of IPSAS implementation in Nigeria Therefore, the effect of participation on governmental performance and the role of other affecting/influencing variables on them, is considered...
One of the benefits of networks is that they allow users to share peripherals. If the computers connected via the network are in the same building or ... Jack,Gellner - 《Canadian Journal of Agricultural Economics/revue Canadienne Dagroeconomie》 被引量: 2发表: 1991年 ...
It is found that these three aspects of patent value are positively correlated with one another. In addition, their domains overlap and interrelate. Research collaboration is the one variable found to have a significant effect on all three aspects. The field effect of electronics positively affects...
Understanding the difference between these two branches is the first step for anyone who wants to study or work in economics. Keep in mind that positive economics is associated with “what is” happening in the economy. In contrast, normative economics is associated with what “should be” happe...
In a command economy, the government controls the economy through various commands, laws, and national goals which are used to coordinate complex social and economic systems. In other words, a social or political hierarchy determines what is produced, ho
Health Evidence Network (HEN) synthesis report on the efficacy/effectiveness of antenatal careAntenatal care, also known as prenatal care, is the complex of interventions that a pregnant woman receives from organized health care services. The number of different interventions in antenatal care is large...
What Is Menu Cost Theory in Economics? Menu cost theory reflects the effect of a price change on a commercial enterprise. The classic example used to illustrate the theory is a restaurant that changes its prices must then bear the cost of printing new menus. ...
While this tendency can be viewed as a criticism, there is a flipside: media outlets also shed light on the inner workings of governments and businesses, which may increase theiraccountability. Economics and the CNN Effect One of the key assumptions in microeconomic models of competitive markets ...