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Philip Andrews (economist)
Philip Walter Sawford Andrews (1914 – 1971) was an industrial economist. He spent most of his career at Oxford University as a fellow of Nuffield College, and finished his career, from 1967,Earl, P.Andrews, Philip Walter Sawford (1914–1971) ''New Palgrave Dictionary of Economics'', published 10 November 2016, accessed 11 July 2023 as Foundation Professor of Economics at the University of Lancaster. He made his name with his detailed case study investigations of business behaviour and analysis of manufacturing firms, which he characterized as intensely competitive and oligopolistic. Andrews advocated for the use of empirical business case studies to advance industrial economics, writing in the ''Journal of Industrial Economics'' in 1952 that "empirical work on actual businesses" could help economists understand "prices in general" and generate a "workable theory" of business behaviour.Andrews, P. W. S.Industrial Economics As a Specialist Subject ''The Journal of Industrial E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industrial Organisation
In economics, industrial organization is a field that builds on the theory of the firm by examining the structure of (and, therefore, the boundaries between) firms and markets. Industrial organization adds real-world complications to the perfectly competitive model, complications such as transaction costs, limited information, and barriers to entry of new firms that may be associated with imperfect competition. It analyzes determinants of firm and market organization and behavior on a continuum between competition and monopoly, including from government actions. There are different approaches to the subject. One approach is descriptive in providing an overview of industrial organization, such as measures of competition and the size-concentration of firms in an industry. A second approach uses microeconomic models to explain internal firm organization and market strategy, which includes internal research and development along with issues of internal reorganization and renewal. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Oxford
, mottoeng = The Lord is my light , established = , endowment = £6.1 billion (including colleges) (2019) , budget = £2.145 billion (2019–20) , chancellor = The Lord Patten of Barnes , vice_chancellor = Louise Richardson , students = 24,515 (2019) , undergrad = 11,955 , postgrad = 12,010 , other = 541 (2017) , city = Oxford , country = England , coordinates = , campus_type = University town , athletics_affiliations = Blue (university sport) , logo_size = 250px , website = , logo = University of Oxford.svg , colours = Oxford Blue , faculty = 6,995 (2020) , academic_affiliations = , The University of Oxford is a collegiate research university in Oxf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nuffield College, Oxford
Nuffield College () is one of the constituent colleges of the University of Oxford in England. It is a graduate college and specialises in the social sciences, particularly economics, politics and sociology. Nuffield is one of Oxford's newer colleges, having been founded in 1937, as well as one of the smallest, with around 90 postgraduate students and 60 academic fellows. It was also the first Oxford college to accept both men and women, having been coeducational since its foundation. Its architecture is designed to conform to the traditional college layout and its modernist spire is a landmark for those approaching Oxford from the west. As of 2021, the college had an estimated financial endowment of £282m. Due to its small intake, it was the wealthiest educational institution per student in the world as of 2013. Since 2017, Nuffield has committed to underwriting funding for all new students accepted to the college. History Nuffield College was founded in 1937 after a don ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lancaster University
Lancaster University (legally The University of Lancaster) is a public university, public research university in Lancaster, Lancashire, Lancaster, Lancashire, England. The university was established in 1964 by royal charter, as one of several plate glass university, new universities created in the 1960s. The university was initially based in St Leonard's Gate in the city centre, before starting a move in 1967 to a purpose-built campus at Bailrigg, to the south. The campus buildings are arranged around a central walkway known as the Spine, which is connected to a central plaza, named Alexandra Square in honour of its first chancellor (education), chancellor, Princess Alexandra, The Honourable Lady Ogilvy, Princess Alexandra. Lancaster is a Colleges within universities in the United Kingdom, residential collegiate university; the colleges are weakly autonomous. The eight undergraduate colleges are named after places in the Historic counties of England, historic county of Lancashi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Journal Of Industrial Economics
''The Journal of Industrial Economics'' is a quarterly peer-reviewed academic journal on industrial economics topics. It was established in 1952 to advance the analysis of modern industrial economics so the focus is on topics related to oligopoly] theory, product differentiation, industrial structural change, corporate theory, market regulation, monopoly theory, mergers and acquisitions and technology policy. According to the ''Journal Citation Reports'', the journal has a 2021 impact factor of 1.054. Editors The editor-in-chief is Patrick Legros ( Université libre de Bruxelles). He has headed the journal since 2013. See also *List of economics journals The following is a list of scholarly journals in economics containing most of the prominent academic journals in economics. Popular magazines or other publications related to economics, finance, or business are not listed. A *''Affilia'' *'' A ... References External links * {{DEFAULTSORT:Journal of Industrial Econom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elizabeth Brunner
Elizabeth Brunner (1920 – 6 October 1983) was a British economist, best known for her work in industrial economics with Philip Andrews. Brunner was partly responsible for "the resuscitation of industrial economics", giving the subject a new theoretical basis by defining an industry, as separate from a market, based on a group of firms with similar processes of production. Together with Andrews she made several contributions to business history: ''Capital Development in Steel'' (1951), ''The Eagle Ironworkers'', ''Oxford'' (1965) and, their biography of British industrialist, ''The Life of Lord Nuffield'' (1955). Her clear style and disciplined approach contributed a lot to their joint work. In 1952 she helped create the Journal of Industrial Economics, first as editorial assistant and then assistant editor. Brunner first studied English literature, later taking up economics as research assistant to Philip Andrews in 1944. From 1946 to 1957 she was economics tutor at St. Hugh's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Profit Maximization
In economics, profit maximization is the short run or long run process by which a firm may determine the price, input and output levels that will lead to the highest possible total profit (or just profit in short). In neoclassical economics, which is currently the mainstream approach to microeconomics, the firm is assumed to be a "rational agent" (whether operating in a perfectly competitive market or otherwise) which wants to maximize its total profit, which is the difference between its total revenue and its total cost. Measuring the total cost and total revenue is often impractical, as the firms do not have the necessary reliable information to determine costs at all levels of production. Instead, they take a more practical approach by examining how small changes in production influence revenues and costs. When a firm produces an extra unit of product, the additional revenue gained from selling it is called the marginal revenue (\text), and the additional cost to produce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Post-Keynesian Economics
Post-Keynesian economics is a school of economic thought with its origins in ''The General Theory'' of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa and Jan Kregel. Historian Robert Skidelsky argues that the post-Keynesian school has remained closest to the spirit of Keynes' original work. It is a heterodox approach to economics. Introduction The term "post-Keynesian" was first used to refer to a distinct school of economic thought by Alfred Eichner, Eichner and Kregel (1975) and by the establishment of the ''Journal of Post Keynesian Economics'' in 1978. Prior to 1975, and occasionally in more recent work, ''post-Keynesian'' could simply mean economics carried out after 1936, the date of Keynes's ''General Theory''. Post-Keynesian economists are united in maintaining that Keynes' theory is seriously misrepresented by the two other principal Keyne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1914 Births
This year saw the beginning of what became known as World War I, after Archduke Franz Ferdinand of Austria, heir to the Austrian throne was assassinated by Serbian nationalist Gavrilo Princip. It also saw the first airline to provide scheduled regular commercial passenger services with heavier-than-air aircraft, with the St. Petersburg–Tampa Airboat Line. Events January * January 1 – The St. Petersburg–Tampa Airboat Line in the United States starts services between St. Petersburg and Tampa, Florida, becoming the first airline to provide scheduled regular commercial passenger services with heavier-than-air aircraft, with Tony Jannus (the first federally-licensed pilot) conveying passengers in a Benoist XIV flying boat. Abram C. Pheil, mayor of St. Petersburg, is the first airline passenger, and over 3,000 people witness the first departure. * January 11 – The Sakurajima volcano in Japan begins to erupt, becoming effusive after a very large earthquake ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1971 Deaths
* The year 1971 had three partial solar eclipses (February 25, July 22 and August 20) and two total lunar eclipses (February 10, and August 6). The world population increased by 2.1% this year, the highest increase in history. Events January * January 2 – 66 people are killed and over 200 injured during a crush in Glasgow, Scotland. * January 5 – The first ever One Day International cricket match is played between Australia and England at the Melbourne Cricket Ground. * January 8 – Tupamaros kidnap Geoffrey Jackson, British ambassador to Uruguay, in Montevideo, keeping him captive until September. * January 9 – Uruguayan president Jorge Pacheco Areco demands emergency powers for 90 days due to kidnappings, and receives them the next day. * January 12 – The landmark United States television sitcom ''All in the Family'', starring Carroll O'Connor as Archie Bunker, debuts on CBS. * January 14 – Seventy Brazilian political prisoners are rel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fellows Of Nuffield College, Oxford
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Fellows may refer to Fellow, in plural form. Fellows or Fellowes may also refer to: Places *Fellows, California, USA *Fellows, Wisconsin, ghost town, USA Other uses *Fellows Auctioneers, established in 1876. *Fellowes, Inc., manufacturer of workspace products *Fellows, a partner in the firm of English canal carriers, Fellows Morton & Clayton *Fellows (surname) See also *North Fellows Historic District, listed on the National Register of Historic Places in Wapello County, Iowa *Justice Fellows (other) Justice Fellows may refer to: * Grant Fellows (1865–1929), associate justice of the Michigan Supreme Court * Raymond Fellows (1885–1957), associate justice of the Maine Supreme Judicial Court {{disambiguation, tndis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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