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Deep Packet Inspection
Deep Packet Inspection

... with the internet, and therefore is a valuable contribution in this tradition. But he again focuses on one extreme – the endpoints end devices attached to the network for various usages.6 The book does not really address the internet in itself – the network of networks connected by the TCP/IP proto ...
Research Methods Applied to Sustainable Diversity
Research Methods Applied to Sustainable Diversity

... Completeness. Consumer can compare any two bundles of goods and services and decide which one is preferred or whether he (she) is indifferent between them. Transitivity (“rationality”). If a consumer prefers bundle x over y and y over z, then x is preferred over z. More is better(aka non-satiation). ...
Chapter 17 Competition policy
Chapter 17 Competition policy

... – Economists are sceptical of this as a simple mechanism for expanding market power because people will not be willing to pay more for two products sold together than they would if the goods are sold separately. Tying probably exists more as a method of price discrimination. The argument that tying ...
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... price of the good stays the same. ◦ If the quality of a good falls from one year to the next, the value of a dollar falls, even if the price of the good stays the same. ◦ The BLS tries to adjust the price for constant quality, but such differences are hard to measure. ...
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... information recorded by IOCS clerks for these tallies. c Granted that many other (not handling) tallies in these cost pools indicate general and administrative functions for which a broad distribution over all mail processing costs may be justified, what exactly is your justification for ignoring th ...
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Consumer Adoption Intentions Toward the Internet in China

... news has lower ambiguity-resolving capability due to limited concrete text. Television news’s high audio and visual content, however, may easily present benefits of the Internet—among them, interactivity, compatibility with other media, and observability to consumers. Like newspapers/magazines, tele ...
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... income of future generations is not less than that of present generations. Orthodox economists and neo-Malthusians give different answers to this question of how, but all agree that it depends on current generations leaving a suitable bequest for future generations. The difference of opinion is abo ...
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Answers to the Problems – Chapter 9

... limit its losses. In addition, Lego apparently faced information problems about which managers were not working as hard as they should. Finally, Lego faced significant market constraints. Other firms were making very similar but lower-priced blocks. This competition lead Lego’s customers to switch ( ...
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... We can see this separation of policy from models early on in Classical methodological writing. For example, Nassau Senior, the earliest Classical economist who took a strong interest in methodology, writes: (An economist’s) conclusions, whatever be their generality and their truth, do not authorize ...
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... and then as the Ludwig von Mises Professor of Economics at Hillsdale College from 1988 to 2003 . From 1989 to 2003, he also served as vice president of academic affairs for the Future of Freedom Foundation. Ebeling was named president of FEE in May 2003, and announced in April 2008 that he was resig ...
Capitalism and its Discontents
Capitalism and its Discontents

... much more productive it may be or how much it might raise the rate of surplusvalue, if it reduces the rate of profit. But every new method of production of this kind makes commodities cheaper.” Therefore, Marx reasons, the capitalist “pockets the difference between their costs of production and the ...
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... 5. Public health –preventing epidemics and the spread of disease, protecting against environmental hazards, promoting healthy behaviors, responding to disasters – a public good and recognized as a legitimate concern of the government. Basic scientific knowledge is also a public good. Most of the maj ...
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Economics of digitization

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