-
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...
- 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...
-
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...
- 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)...
- (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...
-
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...
- the
microeconomic principle of
duality to
trade theory,
which William J.
Baumol has
called a clear, detailed,
important contribution to the
academic understanding...
- 39 (6): 653–668. doi:10.1111/j.1467-9515.2005.00462.x. S2CID 153889205.
Baumol, W J (1967). "Macroeconomics of
Unbalanced Growth: The
Anatomy of Urban...
-
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...
