Verfügbarkeit: Microeconomics for public managers | Technische Universität München

Microeconomics for public managers:

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Bibliographische Detailangaben
Beteiligte Personen:	Keating, Barry (VerfasserIn), Keating, Maryann O. (VerfasserIn)
Format:	Buch
Sprache:	Englisch
Veröffentlicht:	Malden, MA [u.a.] Wiley-Blackwell 2009
Ausgabe:	1. publ.
Schlagwörter:	Microeconomics Public administration Nonprofit organizations Nonprofit-Organisation Verwaltung Mikroökonomie
Links:	http://www.loc.gov/catdir/toc/ecip0819/2008023251.html http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=020318154&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
Beschreibung:	Includes bibliographical references and index
Umfang:	XVII, 415 S. graph. Darst.
ISBN:	9781405125437 9781405125444

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Datensatz im Suchindex

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adam_text	MICROECONOMICS FOR PUBLIC MANAGERS BARRY P. KEATING AND MARYANN 0. KEATING WILEY-BLACKWELL A JOHN WILEY & SONS, LTD., PUBLICATION CONTENTS LIST OF FIGURES XII LIST OF TABLES XV PREFACE XVI ACKNOWLEDGMENTS XVIII ORGANIZATIONAL ALTERNATIVES XIX PART I INSTITUTIONAL SETTING 1 1 MANAGERIAL ECONOMICS IN PUBLIC AND NONPROFIT ADMINISTRATION: AN OVERVIEW 3 1.1 INTRODUCTION 4 APPLICATION 1.1 CROSSING INTO GOVERNMENT ADMINISTRATION FROM THE PROFIT-SEEKING SECTOR 4 APPLICATION 1.2 LESSONS FROM HURRICANE KATRINA 7 1.2 ECONOMIC THINKING IN NOT-FOR-PROFIT ADMINISTRATION 11 1.3 ECONOMIC SCARCITY 12 1.4 ECONOMIC INSTITUTIONS 14 1.5 ECONOMIC BEHAVIOR 15 APPLICATION 1.3 FOOL ME ONCE, SHAME ON YOU; FOOL ME TWICE, SHAME ON ME! 15 1.6 ECONOMIC CHOICE AND OPPORTUNITY COSTS 17 APPLICATION 1.4 CAN GOVERNMENT AND NONPROFIT FIRMS BECOME MORE EFFICIENT IN PROVIDING SERVICES? 19 CONCLUDING NOTES 21 KEY TERMS 22 SUGGESTED READINGS 22 END OF CHAPTER EXERCISES 22 CHAPTER 1 APPENDIX: REGRESSION TUTORIAL 24 AL.L INTERPRETING THE INTERCEPT AND THE SLOPE OF A REGRESSION MODEL 26 VI CONTENTS A 1.2 UNDERLYING ASSUMPTIONS OF THE ORDINARY LEAST SQUARES (OLS) REGRESSION MODEL 26 A 1.3 EVALUATION OF OLS REGRESSION MODELS 27 A 1.4 POINT AND INTERVAL ESTIMATES 34 A 1.5 MULTIPLE LINEAR REGRESSION 35 2 CHARACTERISTICS OF THE GOVERNMENT AND PRIVATE NONPROFIT SECTORS 38 2.1 INTRODUCTION 39 2.2 PROPERTY RIGHTS 39 2.3 PUBLIC GOODS 40 2.4 TYPES OF NOT-FOR-PROFIT (NFP) FIRM 43 APPLICATION 2.1 PUBLIC OR PRIVATE? AND GOING PUBLIC 43 APPLICATION 2.2 ARE STATE UNIVERSITIES BEING PRIVATIZED? 45 APPLICATION 2.3 PHILANTHROPY PANEL STUDY ON U.S. HOUSEHOLD CONTRIBUTIONS 47 APPLICATION 2.4 THE BRITISH BROADCASTING CORPORATION AS AN EXAMPLE OF NATIONALIZATION AND POTENTIAL PRIVATIZATION 51 2.5 UNIQUENESS OF THE GOVERNMENT AND NONPROFIT SECTORS 52 2.6 EXTERNAL DIFFERENCES 53 2.7 INTERNAL DIFFERENCES 55 2.8 SOURCES OF REVENUE 60 APPLICATION 2.5 INTERGOVERNMENTAL MENTAL HEALTH FUNDING AFFECTS WHO IS TREATED AND HOW 61 APPLICATION 2.6 BUDGETING WHEN PLEDGES DON T SHOW UP OR ARE DELAYED 66 2.9 GRANTS VERSUS PURCHASE OF SERVICE CONTRACTING 68 2.10 TYPES OF EXPENDITURES 69 2.11 INTERACTION BETWEEN SECTORS 70 CONCLUDING NOTES 72 KEY TERMS 73 SUGGESTED READINGS 73 END OF CHAPTER EXERCISES 74 PART II CONSUMER THEORY AND PUBLIC GOODS 77 3 DEMAND AND SUPPLY 79 3.1 INTRODUCTION 79 3.2 CONSUMER DEMAND 80 3.3 INDIVIDUAL AND MARKET DEMAND 82 3.4 DETERMINANTS OF DEMAND 83 3.5 SUPPLY 86 3.6 FIRM AND MARKET SUPPLY 86 3.7 DETERMINANTS OF SUPPLY 88 3.8 EQUILIBRIUM OF DEMAND AND SUPPLY 89 CONTENTS VII 3.9 PRICE AS A RATIONING DEVICE 91 3.10 CHANGES IN SUPPLY AND/OR DEMAND 93 APPLICATION 3.1 SUPPLY, DEMAND, AND UNIVERSITY TUITION 95 3.11 CONSUMER AND PRODUCER SURPLUS 96 3.12 DEADWEIGHT LOSS AND ECONOMIC WELFARE 100 3.13 PRICE CONTROLS 102 APPLICATION 3.2 THE MINIMUM WAGE AS A PRICE FLOOR 104 APPLICATION 3.3 SANTA MONICA RENT CONTROL 106 3.14 THE UNIQUENESS OF DEMAND FOR PUBLIC GOODS 107 CONCLUDING NOTES 109 KEY TERMS 110 SUGGESTED READINGS 111 END OF CHAPTER EXERCISES 111 4 ESTIMATING CLIENT CHOICE 115 4.1 INTRODUCTION 116 4.2 INDIFFERENCE CURVES AND BUDGET CONSTRAINTS 116 4.3 MAXIMIZING UTILITY - 119 4.4 SENSITIVITY OF DEMAND: ELASTICITY CONCEPTS 122 4.5 PRICE ELASTICITY OF DEMAND 122 APPLICATION 4.1 CAN REGRESSION ANALYSIS HELP FILL THE FOOTBALL STADIUM? 124 4.6 DEMAND, PRICE ELASTICITY, AND TOTAL REVENUE 125 4.7 A NOTE ON PRICE ELASTICITY OF SUPPLY 127 4.8 INCOME ELASTICITY OF DEMAND 127 4.9 CROSS-ELASTICITY OF DEMAND 128 4.10 THREE ELASTICITY APPLICATIONS IN THE NFP SECTORS 129 4.11 USING ELASTICITIES TO ANALYZE TAX BURDENS 130 4.12 FORECASTING CLIENTS AND REVENUE 133 4.13 TYPES OF FORECASTS 134 APPLICATION 4.2 FORECASTING DAILY DEMAND FOR NATURAL GAS 136 4.14 USING DATA TO ESTIMATE CLIENT DEMAND AND REVENUE 136 APPLICATION 4.3 USING QUANTITATIVE ANALYSIS TO ESTIMATE ELASTICITY AND FORECAST DEMAND: A STUDY OF ZOO AND AQUARIUM ATTENDANCE 137 APPLICATION 4.4 THE DEMAND FOR NURSES 138 CONCLUDING NOTES 144 KEY TERMS 145 SUGGESTED READINGS 145 END OF CHAPTER EXERCISES 146 5 MARKET FAILURE AND PUBLIC CHOICE 151 5.1 INTRODUCTION 151 5.2 CHARACTERISTICS OF MARKET FAILURE 153 APPLICATION 5.1 MAKING THE CASE FOR NATIONAL PARKS IN TERMS OF MARKET FAILURE 153 VIII CONTENTS 5.3 INFORMATION ASYMMETRY 155 5.4 MARKET EXTERNALITIES 156 5.5 CORRECTING MARKET FAILURE WITH TAXES AND SUBSIDIES 159 5.6 CORRECTING MARKET FAILURE WITH NOT-FOR-PROFIT FIRMS 160 APPLICATION 5.2 A CASE STUDY BASED ON NONPROFIT AND FOR-PROFIT HOSPITAL TREATMENT OF ALTRUISTIC ADMINISTRATORS 164 5.7 POTENTIAL FOR GOVERNMENT AND NONPROFIT FAILURE 168 APPLICATION 5.3 DEFINING PROPERTY RIGHTS TO LIMIT EXTERNALITIES IN CHINESE STATE OWNED ENTERPRISES (SOES) 171 5.8 COLLECTIVE DECISION-MAKING AND PUBLIC CHOICE 173 CONCLUDING NOTES 178 KEY TERMS 179 SUGGESTED READINGS 179 END OF CHAPTER EXERCISES 180 PART III PRODUCTION THEORY AND PUBLIC ADMINISTRATION 185 6 PRODUCTION AND COSTS 187 6.1 INTRODUCTION 187 6.2 MODELING PRODUCTION 188 6.3 A PRODUCTION FUNCTION WITH ONE VARIABLE INPUT 189 APPLICATION 6.1 SUBSTITUTING CAPITAL FOR LABOR AT THE POST OFFICE 193 6.4 THREE STAGES OF PRODUCTION 195 6.5 VALUE TO THE FIRM OF INCREASED INPUTS 196 6.6 COST THEORY 198 APPLICATION 6.2 QUANTITATIVE ANALYSIS HELPS ALLOCATE OVERHEAD PER JOB 198 APPLICATION 6.3 GOVERNMENT COMPETITIVE SOURCING: MINIMUM COSTS VERSUS BEST VALUES 202 6.7 COSTS IN THE SHORT RUN 207 6.8 COSTS IN THE LONG RUN 215 6.9 USING QUANTITATIVE ANALYSIS TO ESTIMATE COST FUNCTIONS 217 6.10 THE COST DISEASE 218 CONCLUDING NOTES 219 KEY TERMS 220 SUGGESTED READINGS 220 END OF CHAPTER EXERCISES 221 7 MARKET STRUCTURE IN GOVERNMENT AND NONPROFIT INDUSTRIES 225 7.1 INTRODUCTION 225 7.2 THE ROLE OF COMPETITION IN THE GOVERNMENT AND NONPROFIT SECTORS 227 APPLICATION 7.1 PROFIT-SEEKING COMPETITION IN HIGHER EDUCATION 228 7.3 PERFECT COMPETITION IN NOT-FOR-PROFIT INDUSTRIES 230 APPLICATION 7.2 NOT ALL NONPROFITS SURVIVE: SOME MERGE 239 CONTENTS IX 7.4 MONOPOLY IN NOT-FOR-PROFIT INDUSTRIES 240 APPLICATION 7.3 BALANCING REVENUE AND COSTS IN CHINESE STATE OWNED ENTERPRISES (SOES) 242 7.5 FEE/PRICE REGULATION 247 APPLICATION 7.4 AT&T AND THE FCC: A NEW APPROACH TO REGULATION 248 7.6 FEE/PRICE DISCRIMINATION 251 CONCLUDING NOTES 258 KEY TERMS 259 SUGGESTED READINGS 259 END OF CHAPTER EXERCISES 260 8 SELECTING THE RIGHT NICHE AND SETTING CLIENT FEES 265 8.1 INTRODUCTION 265 8.2 PRODUCT DIFFERENTIATION 266 APPLICATION 8.1 STICKY PRICES 267 8.3 GAME THEORY AND NFP STRATEGIC BEHAVIOR 271 APPLICATION 8.2 GAME THEORY HELPS SELL THE ELECTROMAGNETIC SPECTRUM 271 8.4 THE PRISONER S DILEMMA 274 8.5 A REVENUE MAXIMIZATION MODEL 275 8.6 THE MACMILLAN MATRIX 276 8.7 COST-PLUS PRICING 278 8.8 ECONOMIES OF SCOPE 283 8.9 PRICING IN THE PUBLIC INTEREST: HOW PRICING CAN ALLEVIATE CONGESTION 283 CONCLUDING NOTES 285 KEY TERMS 285 SUGGESTED READINGS 286 END OF CHAPTER EXERCISES 286 9 STRATEGIC GOALS: IF NOT PROFIT, WHAT? 289 9.1 INTRODUCTION 290 9.2 THE INSTITUTIONAL APPROACH 290 9.3 NOT-FOR-PROFIT CONTRACTS AND GOVERNANCE 291 APPLICATION 9.1 INTERNAL CONTROL SYSTEMS IN NONPROFIT FIRMS 292 9.4 OPTIMIZATION IN A NFP FIRM 293 9.5 OUTPUTS AND OUTCOMES 293 APPLICATION 9.2 INFINITY, THE GOOD LIFE, AND DISTASTEFUL ACTIVITIES 294 APPLICATION 9.3 RETIREMENT LIVING AT UNIVERSITIES 295 9.6 OBJECTIVE FUNCTION OF NFP FIRMS 295 APPLICATION 9.4 WHAT IS IT THAT U.S. INSTITUTIONS OF HIGHER EDUCATION TRY TO MAXIMIZE? 299 APPLICATION 9.5 MEASURING MANAGERIAL PERFORMANCE AND PROVIDING INCENTIVES: DO NONPROFIT HOSPITALS OPERATE DIFFERENTLY THAN FOR-PROFITS? 302 X CONTENTS 9.7 BREAK-EVEN ANALYSIS 303 9.8 MANAGERIAL DISCRETION 308 9.9 COMMERCIAL ACTIVITY 312 APPLICATION 9.6 UNFAIR COMPETITION WHEN NONPROFIT FIRMS BECOME COMMERCIAL 312 9.10 ASSESSING NFP FIRM PERFORMANCE 314 9.11 OPERATIONAL TARGETS AND INDICATORS 317 APPLICATION 9.7 EXTERNAL EXAMINATIONS VERSUS INTERNAL ASSESSMENTS 317 APPLICATION 9.8 STUDENT/TEACHER COURSE EVALUATIONS: AN INDICATOR OF TEACHING EFFECTIVENESS OR THREAT TO EDUCATIONAL STANDARDS? 319 APPLICATION 9.9 KEEPING THE PATIENT INFORMED 321 APPLICATION 9.10 DO UNIVERSITY ATHLETIC PROGRAMS SIGNIFICANTLY INFLUENCE INSTITUTIONAL QUALITY? 323 CONCLUDING NOTES 324 KEY TERMS 326 SUGGESTED READINGS 326 END OF CHAPTER EXERCISES 327 PART IV INPUT MARKETS AND COST-BENEFIT ANALYSIS 333 10 EMPLOYING LABOR AND CAPITAL 335 10.1 INTRODUCTION 335 10.2 INPUT MARKETS AS DERIVED DEMAND 336 10.3 DEMAND AND SUPPLY OF HUMAN RESOURCES 338 APPLICATION 10.1 THE NEW YORK STOCK EXCHANGE IS A NONPROFIT? 341 APPLICATION 10.2 SHIRKING AND TEAM PRODUCTION 342 APPLICATION 10.3 VOLUNTEERS ADD VALUE BUT ARE NOT FREE 347 10.4 INTRINSIC MOTIVATION 348 10.5 PERSONNEL ECONOMICS 349 10.6 DEMAND AND SUPPLY FOR LOANABLE FUNDS 351 APPLICATION 10.4 DO ENDOWMENTS PERMIT NOT-FOR-PROFIT FIRMS TO ADJUST TO REVENUE SHOCKS? 352 10.7 USING OPTIONS TO REDUCE RISK 358 CONCLUDING NOTES 361 KEY TERMS 362 SUGGESTED READINGS 362 END OF CHAPTER EXERCISES 362 11 COST-BENEFIT ANALYSIS 366 11.1 INTRODUCTION 366 11.2 NET DISCOUNTED PRESENT VALUE 367 11.3 COST-BENEFIT ANALYSIS IN THE NOT-FOR-PROFIT SECTORS 370 11.4 COST-BENEFIT FRAMEWORK 371 CONTENTS XI 11.5 IDENTIFYING COST BEARERS AND BENEFICIARIES 373 11.6 MEASURING COSTS AND BENEFITS 375 APPLICATION 11.1 OUTDOOR RECREATION 376 11.7 CHOOSING THE DISCOUNT RATE 382 APPLICATION 11.2 NUTRITION EDUCATION 383 11.8 LIMITATIONS OF COST-BENEFIT ANALYSIS 386 11.9 USING COST-BENEFIT ANALYSIS: PUBLIC LIBRARY CASE 387 11.10 USING COST-BENEFIT ANALYSIS: HEALTH WARNINGS ON TOBACCO PRODUCTS 391 CONCLUDING NOTES 393 KEY TERMS 394 SUGGESTED READINGS 394 END OF CHAPTER EXERCISES 395 INDEX 399
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spellingShingle	Keating, Barry Keating, Maryann O. Microeconomics for public managers Microeconomics Public administration Nonprofit organizations Nonprofit-Organisation (DE-588)4293729-2 gnd Verwaltung (DE-588)4063317-2 gnd Mikroökonomie (DE-588)4039225-9 gnd
subject_GND	(DE-588)4293729-2 (DE-588)4063317-2 (DE-588)4039225-9
title	Microeconomics for public managers
title_auth	Microeconomics for public managers
title_exact_search	Microeconomics for public managers
title_full	Microeconomics for public managers Barry P. Keating and Maryann O. Keating
title_fullStr	Microeconomics for public managers Barry P. Keating and Maryann O. Keating
title_full_unstemmed	Microeconomics for public managers Barry P. Keating and Maryann O. Keating
title_short	Microeconomics for public managers
title_sort	microeconomics for public managers
topic	Microeconomics Public administration Nonprofit organizations Nonprofit-Organisation (DE-588)4293729-2 gnd Verwaltung (DE-588)4063317-2 gnd Mikroökonomie (DE-588)4039225-9 gnd
topic_facet	Microeconomics Public administration Nonprofit organizations Nonprofit-Organisation Verwaltung Mikroökonomie
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work_keys_str_mv	AT keatingbarry microeconomicsforpublicmanagers AT keatingmaryanno microeconomicsforpublicmanagers

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