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The Jensen Effect - Jay Parsons
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Jay Parsons:

The Jensen Effect - Livro de bolso

ISBN: 9783838302799

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The Jensen Effect - Jay Parsons
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Jay Parsons:

The Jensen Effect - Livro de bolso

ISBN: 9783838302799

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Jay Parsons:
The Jensen Effect Productivity Variation and Group Optimization - Livro de bolso

2010

ISBN: 3838302796

[EAN: 9783838302799], Neubuch, [PU: LAP LAMBERT Academic Publishing], New Book. Shipped from UK. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000., Books

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Parsons, Jay:
The Jensen Effect: Productivity Variation and Group Optimization - Livro de bolso

2010, ISBN: 9783838302799

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The Jensen Effect Productivity Variation and Group Optimization - Parsons, Jay
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Parsons, Jay:
The Jensen Effect Productivity Variation and Group Optimization - novo libro

2010, ISBN: 3838302796

Kartoniert / Broschiert, mit Schutzumschlag 11, [PU:LAP LAMBERT Academic Publishing]

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Pormenores referentes ao livro
The Jensen Effect

Productivity variation exists in many empirical settings. In group production, individuals enter and exit the production process at the same time. In this work, Jensen's inequality is formally accounted for in a group production setting to ensure that maximum profit conditions are being met. The concept of the Jensen effect and an aggregation premium is introduced to aid in the discussion of how an adjustment needs to be made in group optimization to account for the fact that the marginal productivity of an average individual in a group is not equivalent to the average marginal productivity of all individuals in the group. Examples from swine production and beef production are used to show that due to the aggregation premium, the marginal productivity of the average individual in the group overestimates the average marginal productivity of the group. The magnitudes of the differences can be modest but the direction is consistent. Most importantly, the concepts and terminology presented provide a formalized treatment of Jensen's inequality that previous work has failed to accomplish.

Dados detalhados do livro - The Jensen Effect


EAN (ISBN-13): 9783838302799
ISBN (ISBN-10): 3838302796
Livro de capa dura
Livro de bolso
Ano de publicação: 2009
Editor/Editora: LAP LAMBERT Academic Publishing
160 Páginas
Peso: 0,255 kg
Língua: eng/Englisch

Livro na base de dados desde 2008-07-28T14:31:08+01:00 (Lisbon)
Página de detalhes modificada pela última vez em 2023-09-13T18:53:35+01:00 (Lisbon)
Número ISBN/EAN: 9783838302799

Número ISBN - Ortografia alternativa:
3-8383-0279-6, 978-3-8383-0279-9
Ortografia alternativa e termos de pesquisa relacionados:
Autor do livro: parsons jensen
Título do livro: jensen, the group


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