- In economics, the
Baumol effect, also
known as
Baumol's cost disease,
first described by
William J.
Baumol and
William G.
Bowen in the 1960s, is the tendency...
-
William Jack
Baumol (February 26, 1922 – May 4, 2017) was an
American economist. He was a
professor of
economics at New York University,
Academic Director...
- The
Baumol–Tobin
model is an
economic model of the
transactions demand for
money as
developed independently by
William Baumol (1952) and
James Tobin (1956)...
-
contestable markets, ****ociated
primarily with its 1982
proponent William J.
Baumol, held that
there are
markets served by a
small number of
firms that are...
-
average rate of
industrial profit therefore declines in the
longer term.
Baumol effect Brownfield land
Center for
Labor and
Community Research Comparative...
-
Leontief Galbraith Koopmans Schumacher Friedman Samuelson Simon Buchanan Arrow Baumol Solow Rothbard Greenspan Sowell Becker Ostrom Sen
Lucas Stiglitz Thaler...
- (p. 810).
Baumol linked the
definition to the
mathematical concept of subadditivity; specifically,
subadditivity of the cost function.
Baumol also noted...
- (1877–1959), who also
developed the
concept of
economic externalities.
William Baumol was
instrumental in
framing Pigou's work in
modern economics in 1972. In...
-
discussing this review,
including one from Saunders.
Baumol and
Baumol, p. 75.
Baumol and
Baumol, p. 73. Isaacs. Carroll, p. 1506. Romano, Carlin. "Cold-War...
-
investing in
alternatives such as the following: In a 1986 paper,
William Baumol used the
repeat sale
method and
compared prices of 500
paintings sold over...
