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The Profit-Maximizing Firm as Multinational Corporation
Debaere, PeterTechnical Note DARDEN-G-0623-EKnowledge and CommunicationThis note lays out a microeconomic framework of monopolistic competition to think about profit-maximizing firms that are vertical or horizontal multinationals.Starting at €8.20
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Imperfect Competition and Monopolies
Debaere, PeterTechnical Note DARDEN-GEM-0105-EEconomicsIn this note, we look at what happens when there are only few producers. For simplicity, we start with a market with only one supplier, a monopolist. We analyze the price the monopolist charges and the amount of output he or she produces, how those decisions affect overall welfare, and in what circumstances government intervention can increase overall welfare.Starting at €8.20
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Suez and Veolia in Hot Water - Teaching note
Debaere, PeterTeaching Note DARDEN-GEM-0221TN-EEconomicsStarting at €0.00
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Private Provision of Public Goods
Debaere, PeterTechnical Note DARDEN-GEM-0144-EEconomicsThis note argues that it is hard for private institutions to provide the public goods that the government provides. In other words, there will tend to be an under provision of public goods if private institutions provided them. The explanation this note provides hinges on the very nature of what public, as opposed to private, goods are.Starting at €8.20
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Supply, Demand, and Equilibrium: A Class Experiment
Debaere, PeterTechnical Note DARDEN-G-0593-EKnowledge and CommunicationThis note explains the intuition and analytics behind the class experiment that is commonly called "Trading in a Pit." Following the experiment, we derive supply and demand and discuss market efficiency. This note is part of the refresher course in economics at Darden.Starting at €8.20
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A Theory of GATT/WTO
Debaere, PeterTechnical Note DARDEN-GEM-0153-EEconomicsThis note provides a few basic facts about the General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization (WTO). We also investigate why we need those institutions from an economic perspective. In other words, we seek to understand what problems the GATT/WTO solve, and why without them the trade liberalizations that they seek would not emerge.Starting at €8.20
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Zimbabwe: Grappling with Hyperinflation - Teaching Note
Debaere, PeterTeaching Note DARDEN-G-0599TN-EKnowledge and CommunicationTeaching note for product G-0599Starting at €0.00
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The Panic of 1907
Bruner, Robert F.; Debaere, Peter; Carr, SeanCase DARDEN-G-0619-EKnowledge and CommunicationThe case discusses and analyzes the runup to the financial panic of 1907 and its aftermath. Market conditions and institutional responses are highlighted. We sketch the broader economic context and the monetary situation in particular. The case draws on the Bruner and Carr (2007) book, "The Panic of 1907: Lessons Learned from the Market’s Perfect Storm" and on the Friedman and Schwartz (1963) book, "A Monetary History of the United States, 1867-1...Starting at €8.20
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Saudi Arabia: Oil for Water
Debaere, PeterCase DARDEN-GEM-0129-EEconomicsIn 2014, the Kingdom of Saudi Arabia faced a freshwater shortage. Despite the global financial crisis, Saudi Arabia experienced modest economic expansion and increasing stress on its water infrastructure due to expanding agricultural production. The major investments in desalinization plants that the country expected to see had not yet materialized, furthering the strain on resources. This case, used in Darden's "Economics of Water" elective, exa...Starting at €8.20
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Trump Says the WTO is a Disaster - Teaching Note
Debaere, PeterTeaching Note DARDEN-GEM-0152TN-EEconomicsTeaching note for product GEM-0152Starting at €0.00