Much has been written about the current trend toward privatization of public enterprises. Selling Public Enterprise is the first book, however, to use economic logic to develop a quantitative approach to making divestiture decisions. Using the standard tools of applied microeconomics, the authors propose a method of valuing state-owned firms both before and after divestiture by the government. Their valuation method offers significant advantages over those commonly in use (such as book value of assets) and can provide governments with a reliable means of evaluating the costs and benefits of reforming state-owned enterprise policies and procedures.  Selling Public Enterprise focuses on the pivotal questions of whether the enterprise should be sold, to whom should it be sold, and at what price. It identifies the social value of the enterprise under continued government operation, the social value under private operation, and the private value under private operation as being critical in determining the answers to these questions. In each case "social value" indicates the economic promise of such a venture to both households and firms of the country involved.  The authors take up such topics as shadow pricing, the basic framework of welfare aggregation, the valuation of public income, private income and investment income, base flows and stocks, and the effect of sale prices on public and private values. They discuss the possibility of synergies and strategic behavior and present both a valuation algorithm and a sensitivity analysis. In the concluding chapters they address distributional realities and describe various dimensions of divestiture policy such as lifting constraints on enterprise behavior, improving the net benefit of divestiture, and coping with political constraints.  The authors all teach at Boston University. Leroy Jones and Ingo Vogelsang are Professors of Economics and Pankaj Tandon is Associate Professor of Economics.

Selling Public Enterprises: A Cost-Benefit Methodology

Business & Money

Vogelsang, Ingo

Tandon, Pankaj

Jones, Leroy P.

Economics

Mit Pr

Much has been written about the current trend toward privatization of public enterprises. Selling Public Enterprises is the first book, however, to use economic logic to develop a quantitative approach to making divestiture decisions. Using the standard tools of applied microeconomics, the authors propose a method of valuing state-owned firms both before and after divestiture by the government. Their valuation method offers significant advantages over those commonly in use (such as book value of assets) and can provide governments with a reliable means of evaluating the costs and benefits of reforming state-owned enterprise policies and procedures.Selling Public Enterprises focuses on the pivotal questions of whether the enterprise should be sold, to whom should it be sold, and at what price. It identifies the social value of the enterprise under continued government operation, the social value under private operation, and the private value under private operation as being critical in determining the answers to these questions. In each case "social value" indicates the economic promise of such a venture to both households and firms of the country involved.The authors take up such topics as shadow pricing, the basic framework of welfare aggregation, the valuation of public income, private income and investment income, base flows and stocks, and the effect of sale prices on public and private values. They discuss the possibility of synergies and strategic behavior and present both a valuation algorithm and a sensitivity analysis. In the concluding chapters they address distributional realities and describe various dimensions of divestiture policy such as lifting constraints on enterprise behavior, improving the net benefit of divestiture, and coping with political constraints.The authors all teach at Boston University. Leroy Jones and Ingo Vogelsang are Professors of Economics and Pankaj Tandon is Associate Professor of Economics.

Selling Public Enterprises: A Cost-Benefit Methodology (MIT Press Classics)

MIT Press]

This policy-oriented book looks at the effects of and reasons behind public enterprise divestiture in economies where capitalism and socialism are combined. Case studies from Chile, Malaysia, Mexico, and the United Kingdom are used to assess the basic question of whether or not a country is better or worse off as a result of the divestiture of its public enterprises. A comparison of performance of individual enterprises before and after the divestiture act is part of the approach taken in this book.

Welfare Consequences of Selling Public Enterprises: An Empirical Analysis : A Summary

Jones, Leroy

Galal, Ahmed

World Bank

Microeconomic Theory: An Intermediate Text

Reference

Routledge India

A comprehensive analysis of the theoretical tools, real-world applications, policy implications and corner solutions of microeconomics. This book offers a discussion of all significant topics including applications and extension of consumer theory; theory of the firm; production, cost and supply; partial and general equilibrium; welfare economics; uncertainty and information; market imperfections as well as a detailed overview of the theory of games. It provides coverage of the basic as well as modern aspects in the subject, supported by India-centric examples, data and case studies. Complete with a number of original algebraic derivations and graphical expositions, this textbook will serve as an indispensable companion for students of microeconomics. Feature Highlights: • Accessible and reader-friendly approach. • Wide coverage of basic and modern aspects of the subject. • Up-to-date statistics, illustrations and examples. • Special emphasis on policy applications and full treatment of corner solutions. • Rich pedagogical elements including numerical examples, tables, cases, graphical illustrations, and chapter-end exercises.

Microeconomic Theory: A Textbook

SAGE Text

A comprehensive analysis of the theoretical tools and real world applications of microeconomics This book covers all the significant topics in modern microeconomics: demand and the theory of the consumer, including applications and extensions; theory of the firm; production, cost and supply; partial equilibrium theory of markets; general equilibrium and welfare economics; uncertainty and information; and market imperfections, including monopoly, oligopoly, externalities and public goods. Key Features · Accessible and reader-friendly approach · Coverage of basic and modern aspects of each topic · Graphical and algebraic expositions throughout · Special emphasis on policy applications · Full treatment of corner solutions · Use of calculus throughout · Rich pedagogical elements, including examples and end-of-chapter exercises

A Textbook of Microeconomic Theory

SAGE Publications Pvt. Ltd

Radiation Safety Guide for Nuclear Medicine Professionals

<div> The book covers all the radiation safety aspects while working with unsealed radionuclides. Radiation safety plays a significant role in routine nuclear medicine practices and is necessary to protect occupational workers, patients, members of the general public and the environment. A fair knowledge of radiation safety is expected from all nuclear medicine professionals. Chapters include basics of radiation physics, biological bases of radiation protection, planning and design of nuclear medicine facilities, cyclotron and high dose therapy facilities, radiation safety considerations in nuclear medicine, cyclotron while preparing radiopharmaceuticals. It also includes the working mechanism of radiation detectors,&nbsp;quality assurance of&nbsp;positron emission tomography (PET) and&nbsp;gamma camera, including single photon emission computed tomography (SPECT),&nbsp;emergency preparedness plan, nuclear medicine and CT dosimetry, transport regulations, the role of national regulatory authorities and radioactive waste management. The last chapter provides probable model questions asked in the radiological safety officer certification examination and includes 250 multiple-choice questions (MCQs), 100 true or false, 60 fill in the blanks, and 40 match the following questions. The book is written in a simple language for a better understanding of the occupational workers of any grade. It serves as reference material for nuclear medicine professionals on radiation safety, related to planning, quality assurance, dosimetry and various regulations pertaining to nuclear medicine. It is a ready reckoner for the students&nbsp;pursuing&nbsp;a&nbsp;degree/diploma in nuclear medicine and preparing for certification courses&nbsp;in radiation safety to understand the subject matter along with options to attempt practice questions. </div>

Science & Math

Prakash, Dibya

Kheruka, Subhash Chand

Bhat, Nagesh N

Biological Sciences

Springer

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