Years ago I got my MBA. In the process, I took several economics courses. Somewhere in one of them, I was exposed to the theory of marginal utility. Basically, the marginal utility of something is the ...
All busy professionals understand that time pressure creates stress, and that stress leads to mistakes. For physicians in particular, those mistakes can be truly costly. Yet physicians often make poor ...
Existing transmission planning approaches run the risk of understating the economic value of new transmission infrastructure, according to new research from Lawrence Berkeley National Laboratory. In ...
At the heart of economics lies a deceptively simple idea that shapes everything from market strategy to personal growth: marginal value theory. Those who adhere to it insist that when making decisions ...
This is a preview. Log in through your library . Abstract There is a need among botanists to include the costs and benefits of clonal plant growth into their foraging models. The present commentary ...
This is a preview. Log in through your library . Abstract Policymakers and other interested parties frequently request information on the recreational value of a fish. Although fishing valuation ...
March 6 (UPI) --New research shows the "marginal value theorem" successfully predicts the movement of human hunter-gatherer camps like those of the Batek, an indigenous people living in the rainforest ...