This book, the fourth volume of Franklin M. Fisher's collected articles, contains work in microeconomics stretching over four decades. Principal sections include essays on stability and disequilibrium, welfare economics and consumer theory, and applications of microeconomics. Topics include the decision whether or not to use statistical methods to adjust the census, and the economics of water in the Middle East as well as the effect of computer reservations systems on airlines and the theory of united fund drives by charities. An autobiographical essay serves as an epilogue.
• Franklin M. Fisher is a leading senior economist working in the areas of industrial organization, antitrust, price index theory and stability • Includes important work on microeconomic theory and practice, and influential work on equilibrium and stability • Includes practical applications such as the adjustment of the census and the economics of water in the Middle East
Introduction; 1. Disequilibrium and stability; 2. Welfare economics and consumer theory; 3. Applications of microeconomic theory; 4. Industrial organization, economics and the law; 5. Public policy applications; Epilogue.