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Has the averch-johnson effect been theoretically justified?

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  • Davis Dechert, W.

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  • Davis Dechert, W., 1984. "Has the averch-johnson effect been theoretically justified?," Journal of Economic Dynamics and Control, Elsevier, vol. 8(1), pages 1-17, October.
  • Handle: RePEc:eee:dyncon:v:8:y:1984:i:1:p:1-17
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    Cited by:

    1. Wirl, Franz & Feichtinger, Gustav, 2005. "History dependence in concave economies," Journal of Economic Behavior & Organization, Elsevier, vol. 57(4), pages 390-407, August.
    2. Richard Hartl & Peter Kort, 1996. "Capital accumulation of a firm facing an emissions tax," Journal of Economics, Springer, vol. 63(1), pages 1-23, February.
    3. Kort, P.M. & Feichtinger, G. & Hartl, R.F. & Haunschmied, J.L., 1996. "Optimal Enforcement Policies (Crackdowns) on a Drug Market," Discussion Paper 1996-29, Tilburg University, Center for Economic Research.
    4. G. Feichtinger & F. Wirl, 2000. "Instabilities in Concave, Dynamic, Economic Optimization," Journal of Optimization Theory and Applications, Springer, vol. 107(2), pages 275-286, November.
    5. Mixon Jr., Franklin G. & Upadhyaya, Kamal P., 1999. "The impact of economic regulation on attempts to curb expense preference behavior: a micro-data analysis of CEO compensation schemes for electric utilities," Energy Economics, Elsevier, vol. 21(2), pages 185-194, April.
    6. Yuri Yegorov & Dieter Grass & Magda Mirescu & Gustav Feichtinger & Franz Wirl, 2020. "Growth and Collapse of Empires: A Dynamic Optimization Model," Journal of Optimization Theory and Applications, Springer, vol. 186(2), pages 620-643, August.
    7. Ohler, Adrienne M., 2014. "Behavior of the firm under rate-of-return regulation with two capital inputs," The Quarterly Review of Economics and Finance, Elsevier, vol. 54(1), pages 61-69.
    8. Mixon Jr, Franklin G. & W. McKenzie, Russell, 1999. "Managerial tenure under private and government ownership: the case of higher education," Economics of Education Review, Elsevier, vol. 18(1), pages 51-58, February.
    9. R. F. Hartl & P. M. Kort & G. Feichtinger & F. Wirl, 2004. "Multiple Equilibria and Thresholds Due to Relative Investment Costs," Journal of Optimization Theory and Applications, Springer, vol. 123(1), pages 49-82, October.

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