A Fundamental Contradiction in Standard Rent Theory: A Case Study on Varian's "Intermediate Microeconomics"

In this paper, I examine Varian’s treatment of rent in his textbook on Microeconomics. I argue that he holds contradictory conceptions: sometimes rent is defined as surplus over cost whereas sometimes it is defined as cost, as the opportunity cost of fixed factors. I start by arguing that the distinction between fixed and variable factors is not the key for the definition of rent; ultimately, it is monopoly. Varian’s conception of rent is, essentially, Ricardo’s: rent is extraordinary profit turned rent. On the basis of a selfinconsistent notion of opportunity cost, Varian introduces the idea that rent is the opportunity cost of land, when what he actually defines is the opportunity cost of not renting the land. I also critically examine the related notion of “producer’s surplus”, and show that Varian’s treatment repeats the same contradiction as in rent.

Profit and Cost in "Modern" Post-Marxian Profit Theory: A Case Study from Varian's "Intermediate Microeconomics"

In this paper, I examine the treatment of competitive profit of professor Varian in his textbook on Microeconomics, as a representative of the “modern” post-Marxian view on competitive profit. I show how, on the one hand, Varian defines profit as the surplus of revenues over cost and, thus, as a part of the value of commodities that is not any cost. On the other hand, however, Varian defines profit as a cost, namely, as the opportunity cost of capital, so that, in competitive conditions, the profit or income of capital is determined by the opportunity cost of capital. I argue that this second definition contradicts the first and that it is based on an incoherent conception of opportunity cost.

La articulación textual en los "Progumnásmata" de Nicolao de Mura

[ES]En este trabajo se estudia el uso de los marcadores del discurso y del asíndeton como medios de articulación textual entre los diversos enunciados que constituyen los "Progumnásmata" de Nicolao. Este estudio permite observar si existen diferencias entre las dos partes que componen la edición de Felten y si el uso de partículas de Nicolao es diferente del que hacen los demás autores de "Progumnásmata".

Long-Term Growth and Persistence with Endogenous Depreciation: Theory and Evidence

Previous research has shown a strong positive correlation between short-term persistence and long-term output growth as well as between depreciation rates and long-term output growth. This evidence, therefore, contradicts the standard predictions from traditional neoclassical or AK-type growth models with exogenous depreciation. In this paper, we first confirm these findings for a larger sample of 101 countries. We then study the dynamics of growth and persistence in a model where both the depreciation rate and growth are endogenous and procyclical. We find that the model s predictions become consistent with the empirical evidence on persistence, long-term growth and depreciation rates.

Kohesio anaforikoa. Adinaren eta testu generoaren araberako azterketa

[EN] The main focus of this paper is the cohesion of the theme. First of all, placing anaphoric cohesion within the theoretical framework developed by Bronckart (1985, 1996), we need to distinguish between cohesion, connection and coherence; and furthermore, within the field of cohesion we need to distinguish between verbal cohesion and cohesion as regards nouns. Similarly, the paper also defines discourse as the linguistic realisation of the text, and talks about different types of discourse and textual genres. Next, the paper focuses on the different approaches to cohesion. Since anaphoric cohesion is the cornerstone of the study, some limits of this concept are defined and its main indicators specified. Studies carried out from four different perspectives are taken into consideration: those that focus on understanding pronominal anaphora; those that seek to analyse the discursive side of language acquisition; those that look at anaphora and written texts; and those that concentrate on the didactic side of anaphora. From the model offered by Bronckart’s theory and the aforementioned studies, the following hypothesis is extracted: in Basque, language development is something which takes a long time, and textual genre plays an important role in defining and determining this development.

Prototipismo textual, audiovisual y traductológico: una propuesta integradora

Raquel Merino Álvarez, José Miguel Santamaría, Eterio Pajares (eds.)

Exploring Semantic Textual Similarity

[EN]Measuring semantic similarity and relatedness between textual items (words, sentences, paragraphs or even documents) is a very important research area in Natural Language Processing (NLP). In fact, it has many practical applications in other NLP tasks. For instance, Word Sense Disambiguation, Textual Entailment, Paraphrase detection, Machine Translation, Summarization and other related tasks such as Information Retrieval or Question Answering. In this masther thesis we study di erent approaches to compute the semantic similarity between textual items. In the framework of the european PATHS project1, we also evaluate a knowledge-base method on a dataset of cultural item descriptions. Additionaly, we describe the work carried out for the Semantic Textual Similarity (STS) shared task of SemEval-2012. This work has involved supporting the creation of datasets for similarity tasks, as well as the organization of the task itself.

Is General Relativity a simplified theory?

IARD 8th Biennial Conference on Classical and Quantum Relativistic Dynamics of Particles and Fields - Galileo Galilei Inst Theoret Phys (GGI), Florence, ITALY - MAY 29-JUN 01, 2012. Edited by:Horowitz, LP

Choice under Risk : Theory and Applications

Es útil para estudiantes de postgrado (Master y Doctorado) en cursos de Economía o de Microeconomía en los que se analicen problemas de Decisión en condiciones de Riesgo o Incertidumbre. El documento comienza explicando la Teoría de la Utilidad Esperada. A continuación se estudian la aversión al riesgo, los coeficientes de aversión absoluta y relativa al riesgo, la relación “más averso que” entre agentes económicos y los efectos riqueza sobre las decisiones en algunas relaciones de preferencia utilizadas frecuentemente en el análisis económico. La sección 4 se centra en la comparación entre alternativas arriesgadas en términos de rendimiento y riesgo, considerando la dominancia estocástica de primer y segundo orden y algunas extensiones posteriores de esas relaciones de orden. El documento concluye con doce ejercicios resueltos en los que se aplican los conceptos y resultados expuestos en las secciones anteriores a problemas de decisión en varios contextos

Implementing Integrated Water Resources Management in the Ebro River Basin: From Theory to Facts

JA-925