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Author:   Morris Altman
Publisher:   Springer
Imprint:   Springer
Edition:   1996 ed.
Dimensions:   Width: 15.50cm , Height: 0.90cm , Length: 23.50cm
Weight:   0.870kg
ISBN:  

9780792398189

ISBN 10:   0792398181
Pages:   133
Publication Date:   31 December 1996
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

I: Introduction: Wrestling With the Neoclassical Colossus.- II: Human Agency as a Determinant of Material Welfare.- An Alternative Model of the Economic Agent.- Human Agency and Technical Change.- Utility, Leisure, and Welfare.- Conclusion.- III: Interfirm, Interregional, and International Differences in Labor Productivity: Variations in the Levels of X-Inefficiency as a Function of Differential Labor Costs.- The Existence of X-Inefficiency.- Wage Differentials and X-Inefficiency.- Conclusion.- IV: High and Low Wage Paths to Economic Growth: A Behavioral Model of Endogenous Economic Growth.- The Conventional Growth Model and Amendments.- High and Low Wages and the Path and Pattern of Economic Growth.- Conclusion: The Low Wage Economy and Market Failure.- V: The Economics of Exogenous Increases in Wage Rates in a Behavioral/X-Efficiency Model of the Firm.- The Existence of X-Inefficiency.- Wage Differentials, X-Inefficiency, and the Shock Effect.- Conclusion: X-Efficiency and Neoclassical Microeconomics.- Appendix: Conditions for Constant Unit Costs, Constant Profits, and Constant Rates of Employment Growth.- VI: Labor Market Discrimination, Pay Inequality and Effort Variability: An Alternative to the Neoclassical Model.- Discrimination and Pay Inequality.- Effort Discretion, Discrimination and Long Run Pay Inequality.- The Fair Wage Hypothesis, Discrimination and Pay Inequality.- X-Efficiency Theory and Pay Inequality.- The Basic Model.- Conclusion.- VII: A Critical Appraisal of Corporate Size and the Transaction Cost-Economizing Paradigm.- Transaction Costs, Competition and Corporate Bigness.- X-Efficiency Theory and Corporate Bigness.- Transaction Costs and X-Inefficiency.- X-Inefficient Institutions.- Conclusion.- References.

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