Hak Choi

Chienkuo Technology University - Department of International Business

Associate Professor

No.1, Chiehsou N. Road

Changhua City, 500

Taiwan

http://euntold.wordpress.com

Chung-Hua Institution for Economic Research

75, Changhsin St.

Taipei

Taiwan

SCHOLARLY PAPERS

246

DOWNLOADS
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9,095

CITATIONS
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in Total Papers Citations

87

Scholarly Papers (246)

1.

The Proof of the Original Walras' Law

Profitable Economics Working Paper
Number of pages: 19 Posted: 03 Jul 2008 Last Revised: 01 Apr 2009
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 735 (22,142)

Abstract:

Walras' law, Say's law, Offer curve, Comparative advantage, Gain from trade, tariff

2.

A Simplified Version of the Mirrlees Optimal Taxation Model

Number of pages: 5 Posted: 03 Aug 2011 Last Revised: 05 Aug 2011
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 358 (52,971)
Citation 1

Abstract:

Income Tax, Compensation Principle

3.

Playing Games with Nash

Working Papers on Profitable Economics No. 315
Number of pages: 32 Posted: 28 Dec 2009 Last Revised: 24 Dec 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 173 (120,640)

Abstract:

Games, Maximin, Nash Equilibrium

4.

Russell's Paradox and Economics

Number of pages: 4 Posted: 02 Sep 2013 Last Revised: 04 Oct 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 159 (107,418)

Abstract:

Set Theory, General Equilibrium, Russell's Paradox

5.

Rediscovering Adam Smith’s Theory of Interest

Number of pages: 18 Posted: 14 Feb 2011
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 125 (149,363)
Citation 2

Abstract:

Interest rate, Lending and Borrowing, Monetary policy, Usury, Saving

6.

The Profitable Theory of the Firm

Number of pages: 28 Posted: 23 Jun 2008 Last Revised: 09 Oct 2008
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 124 (169,378)
Citation 2

Abstract:

Constant returns to scale, Zero Profit, Marginal cost, Production efficiency, Allocative efficiency, Monopoly, Monopsony, Output supply, Factor demand.

7.

The Becker-Barro Self-Scaring Fertility Model

Number of pages: 6 Posted: 11 Jan 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 114 (176,692)

Abstract:

Fertility

8.

Risk, Luck, and Superstitions

Number of pages: 21 Posted: 30 Dec 2009 Last Revised: 04 Oct 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 101 (204,794)

Abstract:

Risk, Luck, Gambling, Insurance, Expected Utility, Law of Large Numbers

9.

The Profitable Theory of Entrepreneurship and Economic Growth

Profitable Economics Working Paper
Number of pages: 21 Posted: 20 Nov 2008
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 96 (184,442)

Abstract:

Development trap, Comparative advantage, X-efficiency, Aggregate Capital, Open set, Credit Crisis, Bankruptcy for profit

10.

Disproving the MM Theorem

Number of pages: 9 Posted: 10 Feb 2015 Last Revised: 18 Feb 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 95 (185,694)

Abstract:

Corporate Finance, Capital Structure Irrelevance Principle

11.

A Theory of Risk without Expected Utility

Number of pages: 28 Posted: 08 Oct 2008 Last Revised: 04 Aug 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 95 (213,282)
Citation 1

Abstract:

Risk, inter-temporal decisions, insurance, betting

12.

Ricardo's Misleading Rent Theory: Henry George's Communist Single Tax

Number of pages: 7 Posted: 13 Oct 2013 Last Revised: 01 Nov 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 93 (171,413)
Citation 1

Abstract:

Rent, Inelastic Supply, Monopoly, Single Tax

13.

Dissolving Arrow's Impossibility Theorem

Working Papers on the Profitable Economics No. 341
Number of pages: 11 Posted: 03 Jan 2010
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 84 (232,097)

Abstract:

Voting, Bargaining, Political game

14.

Uses and Abuses of User Cost: Jorgenson’s Capital Gain Confusion

Number of pages: 17 Posted: 17 Jun 2009 Last Revised: 29 Jun 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 83 (217,864)

Abstract:

User cost, Investment decision, Profit, Income

15.

Much Ado about the DSGE Model

Number of pages: 7 Posted: 27 Jun 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 73 (210,433)

Abstract:

General Equilibrium

16.

Vickrey's Betrayal Auction Theory

Number of pages: 6 Posted: 24 Jan 2015 Last Revised: 06 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 73 (235,451)

Abstract:

Auction

17.

Public Finance: A Walrasian General Equilibrium Approach

Number of pages: 28 Posted: 11 Oct 2009 Last Revised: 10 Oct 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 70 (255,938)
Citation 1

Abstract:

Public finance, General equilibrium, Investment theory, Coase theorem, Welfare loss

18.

Walters' Sloppy Congestion Theory

Number of pages: 9 Posted: 28 Sep 2013 Last Revised: 08 Oct 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 67 (253,979)

Abstract:

Toll, Congestion, Queuing, Speed Limit

19.

A Positive Theory of Welfare

Number of pages: 23 Posted: 03 Dec 2009 Last Revised: 04 Oct 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 67 (264,163)
Citation 1

Abstract:

Community Indifference Curve, Welfare Economics, Utility Possibility Curve

20.

The Profitable Theory of User Cost and Public Finance

Number of pages: 26 Posted: 07 Oct 2008
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 65 (272,727)

Abstract:

User cost, public finance, bilateral trade, gain from trade, Walras' law, Central Limit Theorem, Coase Theorem, butterfly effects, double taxation, capital formation, optimal tax policy, opportunity income

21.

Some Fatal Mistakes in the Traditional Foreign Exchange Theory

Number of pages: 11 Posted: 22 May 2009 Last Revised: 30 Sep 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 63 (260,014)
Citation 1

Abstract:

Foreign Exchange, Devaluation, Exchange Rate

22.

Some Mistakes in the Classical Monopoly Model

Working Papers on the Profitable Economics No. 326
Number of pages: 12 Posted: 28 Mar 2010
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 62 (272,727)
Citation 1

Abstract:

Theory of the Firm, Monopoly, Perfect Competition, Welfare Loss

23.

The Useless Utility Theory

Number of pages: 13 Posted: 26 Aug 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 61 (211,884)

Abstract:

Utility

24.

Unraveling the Nash Bargaining Theory

Number of pages: 9 Posted: 12 Dec 2009 Last Revised: 04 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 60 (266,257)
Citation 2

Abstract:

Game, Bargaining, Comparative Advantage, Terms of Trade

25.

Resolving the Water-Diamond Paradox

Number of pages: 4 Posted: 31 Dec 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 58 (217,864)

Abstract:

Utility, Exchange, Profit, Depreciation, Residual Value

26.

The Rights and Wrongs of Fiscal Policy

Number of pages: 22 Posted: 07 Oct 2008 Last Revised: 02 Apr 2010
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 56 (275,014)

Abstract:

Fiscal Policy, Multiplier, Stagflation, Rational Expectation, Ricardian Equivalence

27.

A Theory of Negative Interest Rate: An Efficient Market Theory of Foreign Exchange Investment

Number of pages: 7 Posted: 17 Apr 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 54 (98,491)

Abstract:

Interest Rate, Foreign Exchange, Market Efficiency

28.

Resolving the Cambridge-Cambridge Controversy: Clarifying the Tree and Forest Confusion

Chung-Hua Institution for Economic Research Working Papers of Profitable Economics No. 317
Number of pages: 13 Posted: 10 Oct 2009 Last Revised: 20 May 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 53 (296,354)
Citation 1

Abstract:

Investment demand and supply, Capital formation, Interest rates

29.

Can Central Banks Earn Money? Do They?

Number of pages: 5 Posted: 16 Sep 2013 Last Revised: 20 Aug 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 52 (244,438)

Abstract:

Central Bank, Resource Allocation

30.

Some Mistakes in Ramsey’s Optimal Taxation Theory

Number of pages: 7 Posted: 29 Jun 2011 Last Revised: 16 Apr 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 52 (281,863)
Citation 2

Abstract:

Optimal Taxation, Elasticity, Tax Incidence

31.

The Proof of the Original Say's Law

Number of pages: 6 Posted: 21 Dec 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 50 (288,930)

Abstract:

Microeconomics, Say’s Law, Walras’ Law

32.

The Optimal Tariff Theory: Review and Alternative

Number of pages: 16 Posted: 22 Apr 2009 Last Revised: 24 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 49 (296,354)
Citation 2

Abstract:

Optimal tariff theory, Welfare, Efficiency

33.

Interest Rate: Nominal or Real

Working Papers on the Profitable Economics No. 332
Number of pages: 4 Posted: 16 Nov 2009 Last Revised: 28 Nov 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 48 (293,835)
Citation 1

Abstract:

Interest rate, inflation

34.

Much Ado About the Aggregate Production Function

Working Paper on Profitable Economics No. 317
Number of pages: 10 Posted: 05 Sep 2009
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 48 (268,360)

Abstract:

Aggregate production function, Technology

35.

Central Banks: Moneylenders, Santa Clauses or Vampires?

Number of pages: 7 Posted: 02 Apr 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 47 (309,575)
Citation 1

Abstract:

Central Banks, Vampires, Slavery

36.

The Singular Jensen-Meckling Theory of the Firm

Number of pages: 4 Posted: 15 Jun 2013 Last Revised: 13 Jul 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 46 (301,518)

Abstract:

Profit Maximization, Social Responsibility, Value of Firms

37.

Problems of Financing Public Goods

Number of pages: 21 Posted: 14 Feb 2011 Last Revised: 31 Jan 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 46 (306,811)
Citation 1

Abstract:

Public goods, Free rider, Quid pro quo

38.

Untangling the Capital-Structure Puzzle: Solving for the Optimal Debt/Equity Ratio

Number of pages: 8 Posted: 19 Feb 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 44 (262,017)

Abstract:

Corporate Finance

39.

Correcting Cournot and Bertrand

Number of pages: 11 Posted: 13 Jun 2011 Last Revised: 21 Jun 2011
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 43 (309,575)

Abstract:

Space Competition, Bertrand, Cournot, Duopoly

40.

Generalizing Hotelling’s 'Stability in Competition'

Number of pages: 14 Posted: 06 Jun 2011 Last Revised: 29 Apr 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 43 (296,354)
Citation 2

Abstract:

Spatial Competition, Transportation Cost

41.

Some Mistakes in the Rubinstein Bargaining Model

Number of pages: 7 Posted: 19 Dec 2009
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 43 (318,110)

Abstract:

Game, Bargaining, Edgeworth Box, Cournot Competition

42.

Wilson's Inverted Syndicate Theory: Lindahl’s Indivisible Just Taxation Theory

Number of pages: 8 Posted: 17 Oct 2012 Last Revised: 26 Aug 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 41 (304,173)
Citation 1

Abstract:

Social Utility Function, Utility Possibility Curve, Just Taxation

43.

Keynes' Illusionary Multiplier Theory

Number of pages: 7 Posted: 25 Jun 2013 Last Revised: 10 Mar 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 40 (304,173)
Citation 2

Abstract:

Saving, Consumption, Interest Rate

44.

Akerlof's Bad Theory of Lemons

Number of pages: 7 Posted: 08 Mar 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 40 (326,886)

Abstract:

Lemons, Asymmetric Information, Quality, Adverse Selection

45.

Income or Cost: The Hill-Hill Confusing Income Definition

Number of pages: 7 Posted: 26 Aug 2011 Last Revised: 26 Mar 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 39 (339,127)

Abstract:

National Accounting, Capitalization, Capital Gain

46.

The Profitable Theory of Consumers’ and Producers’ Surplus: Positive Demand, Negative Supply?

Number of pages: 13 Posted: 08 Dec 2009 Last Revised: 26 Jul 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 39 (298,850)
Citation 1

Abstract:

Consumers’ surplus, Producers’ surplus, Profit

47.

Some Mistakes in the so-called Optimal Tariff Theory

Number of pages: 6 Posted: 08 Dec 2009 Last Revised: 03 Mar 2010
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 37 (342,350)

Abstract:

Optimal Tariff, Trade Indifference Curve, Offer Curve

48.

Calculus of Variations: Simple Matter Made Complicated

Number of pages: 7 Posted: 31 Jul 2013 Last Revised: 15 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 34 (315,189)

Abstract:

Economic Growth, Calculus of Variations, Integration, Differentiation

49.

Free Collusion versus Centralized Collusion

Number of pages: 17 Posted: 25 Mar 2010 Last Revised: 14 Apr 2012
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 34 (345,527)

Abstract:

Theory of the firm, Market Structure, Duopoly, Collusion, Cooperation

50.

The Miserable Ricardian Gain from Trade

Number of pages: 7 Posted: 06 Jun 2011
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 32 (359,295)

Abstract:

Comparative advantage, Gain from trade, Offer Curve

51.

An Over-Rolling Generation Model

Number of pages: 13 Posted: 19 Aug 2008 Last Revised: 04 Oct 2012
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 32 (359,295)
Citation 2

Abstract:

Overlapping generation, Capital Accumulation, Profit

52.

The Birth of Monopoly, Alias Domestic Extreme Protectionism

Number of pages: 10 Posted: 17 Dec 2014 Last Revised: 18 Dec 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 31 (335,979)

Abstract:

Monopoly, Protectionism

53.

Are Government Bonds Net Wealth? No

Number of pages: 5 Posted: 21 Mar 2013 Last Revised: 02 Sep 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 31 (348,872)
Citation 1

Abstract:

Taxation, Bonds, Investment

54.

Solving the Nash Bargaining Problem

Number of pages: 11 Posted: 24 Dec 2009 Last Revised: 04 Aug 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 31 (342,350)

Abstract:

Game, Bargaining, Inter-temporal Model

55.

Becker’s Crime Promoting Theory: A Theory of Crime Prevention

Number of pages: 15 Posted: 05 Jan 2015 Last Revised: 21 Sep 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 30 (318,110)

Abstract:

Crime

56.

Measuring the Keynesian Definition of Income

Number of pages: 21 Posted: 24 Sep 2009 Last Revised: 18 Mar 2010
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 30 (366,655)
Citation 2

Abstract:

User cost, Investment, Profit, Income measurement

57.

A Greek Tragedy: The Downfall of Euro

Number of pages: 4 Posted: 18 Jun 2015 Last Revised: 09 Jul 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 29 (366,655)

Abstract:

Euro, ECB

58.

Solow's Zero Growth Theory

Number of pages: 4 Posted: 31 Jul 2013 Last Revised: 09 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 28 (342,350)
Citation 2

Abstract:

Economic Growth, Saving

59.

Validating the Invalid Dichotomy: A General Theory of General Equilibrium

Number of pages: 16 Posted: 18 May 2009 Last Revised: 18 Jul 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 28 (352,339)

Abstract:

Walras' law, Gains from trade, General Equilibrium

60.

A Trade Liberalization Theory

Number of pages: 24 Posted: 18 Apr 2009 Last Revised: 24 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 28 (321,018)
Citation 2

Abstract:

Optimal tariff, Trade policy, Trade liberalization

61.

The Odyssey of the Neoclassical Cost Theory: Marginal Cost is not Supply

Number of pages: 7 Posted: 25 Jan 2014 Last Revised: 26 Jul 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 27 (348,872)
Citation 1

Abstract:

Supply, Marginal Cost, Average Cost

62.

Ricardo's Comparative Dis-Advantage

Number of pages: 8 Posted: 11 May 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 27 (374,133)
Citation 1

Abstract:

Comparative Dis-Advantage, Production Possibility Curve, Opportunity Cost

63.

Painting the Urban Skyline

Number of pages: 14 Posted: 06 May 2009 Last Revised: 28 Sep 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 27 (374,133)
Citation 2

Abstract:

Population Density, Rent Gradient, Density Gradient

64.

The Trade Deficit Illusion: The Monstrous Trade Model

Number of pages: 12 Posted: 13 Jun 2009 Last Revised: 22 Aug 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 26 (391,014)

Abstract:

Trade deficit, Walras’ law, Gain from trade

65.

Smets-Wouters’ Lazy Derivation for DSGE

Number of pages: 5 Posted: 27 Jun 2015 Last Revised: 29 Jun 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 25 (177,802)

Abstract:

DSGE

66.

The Confusing Link between Utility and Demand

Number of pages: 8 Posted: 28 Jun 2014 Last Revised: 26 Aug 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 25 (362,894)

Abstract:

Utility, Demand, Supply

67.

Establishing the Selten Perfect Equilibrium

Working Papers on the Profitable Economics No. 338
Number of pages: 7 Posted: 26 Dec 2009
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 25 (395,710)

Abstract:

Bargaining, Cooperative Game, Duopoly Competition

68.

The Kraus-Litzenberger Zero-Sum Trade-Off Theory

Number of pages: 6 Posted: 19 Feb 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 24 (222,458)

Abstract:

Corporate Finance

69.

Refuting the Existence of the AD and AS Curves

Number of pages: 6 Posted: 04 Feb 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 24 (352,339)
Citation 2

Abstract:

Demand, Supply, Market

70.

Protectionism Is Stupid

Number of pages: 7 Posted: 12 Jan 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 24 (355,821)

Abstract:

Trade, Tariff, Protectionism, Welfare

71.

Refuting Aizenman's Theory of Optimal Inflation

Number of pages: 4 Posted: 13 Oct 2012 Last Revised: 03 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 24 (382,271)

Abstract:

Seigniorage, Stealing, Welfare

72.

Reconciling Tax Incidence Theories: Refuting the Coase Theorem

Number of pages: 24 Posted: 27 Nov 2010 Last Revised: 15 May 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 24 (391,014)
Citation 3

Abstract:

Tax, Tariff, Invisible hands, Coase Theorem

73.

Completing Krugman's Half-Baked Theory of Currency Crises: An Explanation of the 1929 Great Depression

Number of pages: 6 Posted: 18 Mar 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 23 (391,014)

Abstract:

Currency Crises, Arbitrage, Stealing

74.

The Inconsistent Neoclassical Theory of the Firm

Number of pages: 4 Posted: 30 Dec 2013 Last Revised: 08 Aug 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 23 (352,339)
Citation 1

Abstract:

Firm, Production

75.

Two Contradicting, but equally Hypocritical Theories of Equity: Pigou and Ricardo

Number of pages: 7 Posted: 21 Dec 2013 Last Revised: 19 Oct 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 23 (400,355)

Abstract:

Tax, Equity, Rent

76.

Beckmann's Upside-Down Urban Density Gradient

Number of pages: 5 Posted: 06 May 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 23 (374,133)
Citation 2

Abstract:

Population Density Gradient, Spatial Demand

77.

Central Banks’ Unbalanced Balance Sheet: I Owe You Nothing

Number of pages: 4 Posted: 17 Mar 2015 Last Revised: 20 Aug 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 22 (362,894)

Abstract:

Central Bank, Accounting

78.

The Myers-Majluf Naïve Pecking Order

Number of pages: 6 Posted: 19 Feb 2015 Last Revised: 18 Jul 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 22 (362,894)

Abstract:

Corporate Finance

79.

Exorcising Keynes' Liquidity Ghost

Number of pages: 6 Posted: 25 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 22 (374,133)

Abstract:

Demand for Money, Central Bank Intervention, Time Preference

80.

The Imitational Green-Porter Model

Number of pages: 7 Posted: 05 Feb 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 21 (355,821)

Abstract:

Monopolistic Competition, Collusion

81.

The Destructive Stackelberg Competition Model

Number of pages: 5 Posted: 03 Feb 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 21 (374,133)

Abstract:

Oligopoly, Monopolistic Competition

82.

The Ugly Monopoly Theory: The Average-Cost Pricing Tyranny

Number of pages: 6 Posted: 21 Jun 2014 Last Revised: 13 Jul 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 21 (366,655)

Abstract:

Monopoly, Average Cost Pricing

83.

The Dis-Economics of Speed Limit

Number of pages: 5 Posted: 10 Nov 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 21 (400,355)

Abstract:

Speed Limit, Road Capacity

84.

Hotelling's Ridiculous Attempt to Make His Customers Miserable

Number of pages: 7 Posted: 15 Apr 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 21 (386,607)
Citation 1

Abstract:

Hotelling's Beach, Commuting Cost

85.

Redefining Optimal Taxation

Number of pages: 9 Posted: 05 Aug 2011
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 21 (391,014)

Abstract:

Tax Incidence, Ability Principle, Optimal Taxation

86.

Arthur Lewis’ Development Trap: A Laissez-Faire Theory of Growth

Number of pages: 7 Posted: 20 Mar 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 20 (342,350)

Abstract:

Economic Development, Fertility, Laissez Faire, Local Self-Governments

87.

Disproving Samuelson’s Re-Switching Technology

Number of pages: 7 Posted: 05 Dec 2013 Last Revised: 10 Jun 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 20 (362,894)

Abstract:

Interest Rate, Production, Capital Controversy

88.

Double Entry or Double Standard? Double Crime: Keynes' Negative Definition of Income

Number of pages: 6 Posted: 02 Sep 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 20 (391,014)
Citation 1

Abstract:

National Income, National Spending, Double Entry

89.

Does Government Spending Increase Your Saving?

Number of pages: 7 Posted: 24 Mar 2015 Last Revised: 17 Jul 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 19 (410,029)

Abstract:

Saving, Budget Deficit, GDP Measures

90.

The Tautological Second MM Theorem

Number of pages: 6 Posted: 10 Feb 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 19 (386,607)

Abstract:

Corporate Finance, Yield

91.

Ricardo's Simple-Minded Suicidal Labor Value Theory

Number of pages: 6 Posted: 18 Jan 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 19 (395,710)
Citation 1

Abstract:

Supply, Cost, Labor, Karl Marx

92.

The Colonial Depreciation Theory

Number of pages: 4 Posted: 30 Sep 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 19 (370,348)

Abstract:

Devaluation, Exploitation, Banana Republic

93.

Becker's Indecisive Addiction Theory

Number of pages: 3 Posted: 15 Jun 2015 Last Revised: 22 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 18 (415,043)

Abstract:

Fashionable Nonsense

94.

Reconsidering National Accounting and Depreciation

Number of pages: 7 Posted: 23 Apr 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 18 (370,348)

Abstract:

National Accounting, National Spending, Depreciation

95.

Refuting Samuelson's Ponzi Theory of Interest Rate

Number of pages: 4 Posted: 14 May 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 17 (400,355)

Abstract:

Consumption, Population, Interest Rate

96.

Keynes’ Cargo-Cult Theory of Consumption

Number of pages: 7 Posted: 11 May 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 17 (395,710)

Abstract:

Consumption, Income, Cargo Cult

97.

The Disastrous Consequence of the Laffont-Tirole Manipulating Mathematics

Number of pages: 6 Posted: 12 Dec 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 17 (425,218)

Abstract:

Regulation, Information

98.

The Harmfulness of the EU Theory

Number of pages: 7 Posted: 06 Jun 2011
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 17 (440,519)
Citation 1

Abstract:

Expected Utility, Law of Large Numbers, Pari-mutual Betting, Central Limit Theorem

99.

A Theory of Looting: The Sub-Prime Crisis

Number of pages: 15 Posted: 14 Mar 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 16 (395,710)

Abstract:

Looting, Financial Crisis

100.

Keynes’ Plant-Pulling Fiscal Theory: Retrieving Hayek's Overcoat

Number of pages: 8 Posted: 18 Mar 2014 Last Revised: 04 Apr 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 16 (410,029)
Citation 2

Abstract:

Fiscal Spending, Plant Pulling, Mencius

101.

The Fallacy of Stupidity

Number of pages: 5 Posted: 21 Dec 2013 Last Revised: 01 Jan 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 16 (420,097)

Abstract:

Roundaboutness, Public Utilities Pricing, Traffic Flow, Smart Consumers

102.

Restoring the Power of Saving: The Fallacious Saving Paradox

Number of pages: 7 Posted: 16 Sep 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 16 (405,130)

Abstract:

Saving, Economic Growth

103.

Phelps' Optimal Inflation Theory: A Refute

Number of pages: 4 Posted: 12 Oct 2012
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 16 (410,029)

Abstract:

inflation tax, money printing

104.

Some Mistakes in Harberger's Capital Tax Theory

Number of pages: 5 Posted: 22 Feb 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 15 (430,388)

Abstract:

Tax, Capital, Tariff

105.

A Negative Toll Theory

Number of pages: 5 Posted: 29 Oct 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 15 (435,384)

Abstract:

Congestion, Toll, Compensation

106.

The Kydland-Prescott Trick to Make Business Cycle 'Real': Reducing DSGE to a Utility Function

Number of pages: 5 Posted: 18 Jun 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 14 (335,979)

Abstract:

Business Cycle, Constant Returns to Scale

107.

The Triple-Zero Definition of GDP

Number of pages: 5 Posted: 11 Mar 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 14 (420,097)

Abstract:

income, national accounting, GDP

108.

The Role-Switching Loanable Fund Theory

Number of pages: 7 Posted: 31 Dec 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 14 (400,355)

Abstract:

Impatience, Interest Rate, Loanable Fund

109.

Escaping the Malthus Dismal Growth Trap

Number of pages: 5 Posted: 31 Jul 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 14 (420,097)

Abstract:

Economic Growth, Population, Subsistence

110.

The Modigliani-Brumberg Endowment Saving Theory

Number of pages: 4 Posted: 25 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 14 (415,043)
Citation 1

Abstract:

Saving, Consumption, Interest Rate

111.

The Messy Monetary Policy

Number of pages: 19 Posted: 07 Dec 2010
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 14 (450,567)

Abstract:

Monetary theory, Cambridge equation, Lerner’s offer curve

112.

Crying over Spilled Milk: The Arnott-Stiglitz Moral Hazard Model

Number of pages: 7 Posted: 27 Dec 2014 Last Revised: 22 Jan 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 13 (410,029)

Abstract:

Insurance, Moral Hazard

113.

Salop's Unprofessional Location-Cost Model

Number of pages: 9 Posted: 07 Oct 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 13 (430,388)

Abstract:

Spatial Competition, Production Cost

114.

The Self-Defeating Endogenous Growth Theory

Number of pages: 6 Posted: 14 Jul 2014 Last Revised: 15 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 13 (430,388)
Citation 1

Abstract:

Growth, Scale

115.

Disproving the Harberger Triangle

Number of pages: 8 Posted: 11 Mar 2014 Last Revised: 26 Jul 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 13 (425,218)

Abstract:

Tax Burden, Profit, Surplus

116.

The Simple-Minded Walras’ Law

Number of pages: 3 Posted: 21 Dec 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 13 (430,388)
Citation 1

Abstract:

Walras’ Law, Supply, Demand

117.

How Money Inflicts Famine

Number of pages: 4 Posted: 14 Nov 2013 Last Revised: 28 Nov 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 13 (440,519)
Citation 1

Abstract:

Printing Money, Inflation, Inequality, Famine

118.

Welker's Excess-Demand Marshall-Lerner Condition

Number of pages: 5 Posted: 02 Nov 2013 Last Revised: 08 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 13 (420,097)

Abstract:

Trade, Excess Demand

119.

Shapley's Undercutting Formula

Number of pages: 5 Posted: 13 Mar 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 13 (420,097)
Citation 1

Abstract:

Bargaining, Arbitration

120.

A Big Mistake in the Pollution Theory: Abuse of Marginal Cost Pricing

Number of pages: 7 Posted: 01 Jun 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 12 (435,384)

Abstract:

Pollution, Prevention

121.

Clarke's Dishonest Teaching of Public Choice

Number of pages: 7 Posted: 08 Aug 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 12 (455,743)
Citation 1

Abstract:

Revealed Preference, Public Goods

122.

Income Re-Distribution, the Nash Way: Nash's Unjust Bargaining Theory

Number of pages: 5 Posted: 02 Sep 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 12 (450,567)

Abstract:

Income Distribution, Bargaining, Welfare

123.

Fisher's Knife-Edge Interest Rate Theory and its Collapse

Number of pages: 5 Posted: 25 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 12 (430,388)

Abstract:

Saving, Consumption, Interest Rate

124.

Friedman's Zero-Saving Consumption Theory

Number of pages: 4 Posted: 25 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 12 (400,355)
Citation 2

Abstract:

E21, O40

125.

Mills' Upside-Down Urban Density Gradient

Number of pages: 6 Posted: 13 May 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 12 (445,526)

Abstract:

Structural Density Gradient, Spatial Supply

126.

Aizenman's Crazy Optimal Seigniorage Theory

Number of pages: 5 Posted: 13 Oct 2012 Last Revised: 03 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 12 (450,567)

Abstract:

Seigniorage, Money Printing

127.

Agency Dilemma: A Theory of Shirking, Embezzlement, and Bribery Prevention: A Theory of Out-sourcing and Privatization: A Theory of Cooperation

Number of pages: 9 Posted: 15 Jun 2015 Last Revised: 09 Jul 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (359,295)

Abstract:

Agency Dilemma, Commercial Crime

128.

Refuting Gregory Clark's Chauvinist Development Theory

Number of pages: 5 Posted: 20 Mar 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (445,526)

Abstract:

Economic Development, Productivity

129.

Explaining the Negative Relation between Income and Fertility: A Profitable Theory of Fertility

Number of pages: 5 Posted: 12 Jan 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (420,097)

Abstract:

Fertility

130.

Disproving Wicksell’s Theory of Interest

Number of pages: 5 Posted: 29 Nov 2013 Last Revised: 10 Jun 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (430,388)

Abstract:

Interest rate, Money, Inflation

131.

Teaching Hicks How to Earn Interest Professionally: Hicks' Broken-Window Income Definition

Number of pages: 5 Posted: 03 Sep 2013 Last Revised: 10 Sep 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (445,526)
Citation 1

Abstract:

National Income, Interest, Lending Business

132.

Samuelson's Double-Crossing Consumption, Saving and Interest Theory

Number of pages: 4 Posted: 25 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (440,519)

Abstract:

Saving, Consumption, Interest Rate

133.

Ramsey's Differentiating-Integrating Saving Theory

Number of pages: 3 Posted: 25 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (445,526)
Citation 6

Abstract:

Saving, Capital Accumulation, Differentiation, Integration

134.

Kemp's Notorious Optimal Tariff Theory

Number of pages: 5 Posted: 04 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (450,567)
Citation 1

Abstract:

Optimal Tariff, Relative Prices

135.

Kahn's Foolish Optimal Tariff Theory

Number of pages: 5 Posted: 27 May 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (450,567)
Citation 2

Abstract:

Optimal tariff, Elasticities

136.

Ricardian Non-Equivalence, Wolf Invitation, and Usurpation

Number of pages: 6 Posted: 11 Oct 2012 Last Revised: 02 Sep 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 11 (460,900)

Abstract:

Taxation, Bonds, Seigniorage

137.

Disproving Constrained Equal Award

Number of pages: 6 Posted: 04 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 10 (440,519)

Abstract:

Bargaining

138.

Positive or Negative? The Rothschild-Stiglitz Insurance Model

Number of pages: 6 Posted: 26 Dec 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 10 (445,526)

Abstract:

Insurance

139.

Disproving the Protectionism-for-Sale Theory

Number of pages: 11 Posted: 20 Oct 2014 Last Revised: 24 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 10 (445,526)

Abstract:

Trade, Tariff

140.

Not a Single S&D Model: The Friedman-Stigler Double-Ceiling Theory

Number of pages: 11 Posted: 27 Jul 2014 Last Revised: 23 May 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 10 (445,526)
Citation 1

Abstract:

Demand, Supply

141.

Two Mistakes in Lerner’s Symmetry Theorem

Number of pages: 5 Posted: 15 Jun 2013 Last Revised: 17 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 10 (318,110)

Abstract:

Import Tariff, Export Tax, Subsidy

142.

Explaining the Engel Curve: Climbing Up the Growth Ladder

Number of pages: 6 Posted: 15 May 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 9 (415,043)

Abstract:

Engel Curve, Growth, Development

143.

The Life-and-Death of the Profit Tax

Number of pages: 6 Posted: 11 Mar 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 9 (470,947)

Abstract:

Tax, Profit, Neutrality

144.

The Odyssey of Economies of Scale

Number of pages: 8 Posted: 11 Feb 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 9 (470,947)

Abstract:

Production, Business Expansion, Scale

145.

Sargent-Wallace’s Unpleasant Theory to Incite Inflation

Number of pages: 6 Posted: 06 Jan 2014 Last Revised: 26 Apr 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 9 (465,868)

Abstract:

Money, Bonds, Government Debt

146.

The Bankrupting Neoclassical Theory of the Firm

Number of pages: 5 Posted: 31 Dec 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 9 (445,526)
Citation 1

Abstract:

Firm, Production

147.

Koopmans' Starving Growth Theory

Number of pages: 4 Posted: 31 Jul 2013 Last Revised: 09 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 9 (455,743)
Citation 2

Abstract:

Economic Growth, Capital Formation, Population Extinction

148.

Refuting Kennedy's Interest and Inflation Free Money Theory

Number of pages: 5 Posted: 18 May 2015 Last Revised: 20 May 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 8 (450,567)

Abstract:

Money, Demurrage

149.

Vickrey's Counter-Couterspeculative Control Theory

Number of pages: 4 Posted: 24 Jan 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 8 (465,868)

Abstract:

Incentive

150.

The False Economic Rent Theory

Number of pages: 9 Posted: 22 Oct 2014 Last Revised: 14 Jan 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 8 (450,567)

Abstract:

Economic Rent, Monopoly

151.

Poterba's Bubbling Housing Supply and Demand

Number of pages: 9 Posted: 05 Jun 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 8 (450,567)

Abstract:

Housing Demand, Housing Supply

152.

Roundaboutness and Time: A Fine Difference

Number of pages: 5 Posted: 10 Dec 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 8 (480,992)

Abstract:

Interest rate, Capital

153.

Myths about the Optimal Club Size

Number of pages: 8 Posted: 17 Oct 2012
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 8 (465,868)

Abstract:

Club, Social Welfare Function

154.

Krugman's Medieval Theory of Currency Crises

Number of pages: 9 Posted: 27 Aug 2015 Last Revised: 28 Aug 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 7 (460,900)

Abstract:

Currency Crises, Arbitrage

155.

Becker’s Non-Bargaining Lobbying Theory

Number of pages: 5 Posted: 20 Oct 2014 Last Revised: 20 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 7 (480,992)

Abstract:

Bargaining, Lobbying

156.

Marginal Product is not Demand

Number of pages: 5 Posted: 14 Jul 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 7 (476,055)
Citation 2

Abstract:

Demand, Marginal Product

157.

Talmud Rule: Graphics, Generalization and Refute

Number of pages: 8 Posted: 08 Jun 2015 Last Revised: 31 Jul 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 6 (480,992)

Abstract:

Bargaining

158.

How Utility Theory Has Killed the Law of Demand

Number of pages: 5 Posted: 04 Nov 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 6 (430,388)

Abstract:

Demand, Utility

159.

Peltzman's Failure to Formulate Stigler's Proposed Theory of Regulation

Number of pages: 7 Posted: 20 Oct 2014 Last Revised: 20 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 6 (476,055)

Abstract:

Regulation, Intervention

160.

Tearing the Kinked Demand Apart: The Contradictory U-Shaped Cost Theory

Number of pages: 8 Posted: 07 Oct 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 6 (495,182)

Abstract:

Oligopoly, Monopolistic Competition, Price War

161.

Cass's Indecisive and Starving Growth Theory

Number of pages: 4 Posted: 01 Aug 2013 Last Revised: 11 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 6 (485,880)
Citation 1

Abstract:

Economic Growth

162.

The Dirty Kemp-Shimomura Optimal Tariff Theory

Number of pages: 7 Posted: 15 Jun 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 6 (480,992)
Citation 1

Abstract:

Optimal tariff, Production Possibility Curve, Autarky

163.

Lerner's Ransom Theory of Tariff

Number of pages: 3 Posted: 15 Jun 2013 Last Revised: 17 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 6 (465,868)
Citation 2

Abstract:

Import Tariff, Export Tax, Lerner's Symmetry Theorem

164.

A New and Better Theory of Tariff: Taxing the Exporters

Number of pages: 6 Posted: 11 Dec 2014 Last Revised: 17 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 5 (490,610)

Abstract:

Tariff, Symmetry Theorem

165.

A Groundbreaking Theory of Profit Tax

Number of pages: 4 Posted: 11 Dec 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 5 (490,610)

Abstract:

Tax, Profit

166.

A Detailed Rebuttal Report on Barro's Net Wealth Theory

Number of pages: 7 Posted: 02 Sep 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 5 (480,992)

Abstract:

Bonds, Net Wealth

167.

VL Smith's Tautological Social Choice Theory

Number of pages: 6 Posted: 08 Aug 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 5 (485,880)
Citation 1

Abstract:

Public Goods, Tautology

168.

The Impossible Link between Utility and Supply

Number of pages: 6 Posted: 03 Jul 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 5 (460,900)
Citation 2

Abstract:

Utility, Supply

169.

Rediscovering the Scale Variable and Killing it off

Number of pages: 7 Posted: 11 Feb 2014 Last Revised: 14 Jun 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 5 (485,880)

Abstract:

Production, Business Expansion, Scale

170.

Tiebout's Wasteful Local Expenditure Theory/Solving the Financing and Pricing Problems of Public Goods

Number of pages: 7 Posted: 31 Jan 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 5 (470,947)

Abstract:

Public Goods, Pricing Policy, Toll

171.

Graaff's Uncertain Optimal Tariff Theory

Number of pages: 7 Posted: 31 May 2013
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 5 (485,880)
Citation 1

Abstract:

Optimal tariff, Elasticities, Cross Elasticities

172.

Nash's Inefficient Bargaining Theory

Number of pages: 5 Posted: 04 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 4 (480,992)

Abstract:

Bargaining, Exchange

173.

Krueger's Negative Export Supply Model: An Alternative Rent-Seeking Model

Number of pages: 6 Posted: 19 Dec 2014
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 4 (485,880)

Abstract:

Tariff, Quota, Rent-Seeking

174.

Scitovsky's Meddling to the Trade Theory

Number of pages: 6 Posted: 15 Jun 2013 Last Revised: 20 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 4 (485,880)
Citation 1

Abstract:

Offer Curve, Geometry, Cartesian Plane, Community Indifference Curve

175.

Hicks' Wilful Compensation Theory

Number of pages: 6 Posted: 22 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 3 (485,880)

Abstract:

Compensation, Intervention

176.

Edgeworth Box and Bargaining

Number of pages: 6 Posted: 11 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 3 (440,519)

Abstract:

Bargaining, Edgeworth Box

177.

Nash's Unfair Bargaining Theory

Number of pages: 5 Posted: 04 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 3 (485,880)

Abstract:

Game, Bargaining, Inequality

178.

A Theory of Pollution Prevention: Refuting the Tax Swap Hypothesis

Number of pages: 10 Posted: 01 Jun 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 3 (460,900)

Abstract:

Pollution, Prevention

179.

Cournot, Rubinstein-Binmore and Bargaining

Number of pages: 7 Posted: 11 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 2 (508,474)

Abstract:

Bargaining, Discount Rate

180.

Utility Possibility Curve and Bargaining

Number of pages: 7 Posted: 17 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 1 (490,610)

Abstract:

Bargaining

181.

Disproving Menger's Exchange Theory

Number of pages: 8 Posted: 07 Dec 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (470,947)

Abstract:

Exchange, Utility Maximization, Austrian School, Marginalism

182.

Disproving Diamond's Search Theory

Number of pages: 7 Posted: 21 Nov 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (504,100)

Abstract:

Labor Theory, Search Theory

183.

Much Ado about the Mortensen-Pissarides Matching Theory

Number of pages: 3 Posted: 21 Nov 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (495,182)

Abstract:

Labor Theory, Matching

184.

Disproving Marginalism II

Number of pages: 8 Posted: 07 Nov 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (499,683)

Abstract:

Microeconomics, Marginalism, Austrian School

185.

Disproving Marginalism

Number of pages: 8 Posted: 02 Nov 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (465,868)

Abstract:

Microeconomics, Marginalism, Austrian School

186.

Dupuit's Calculation Mistakes

Number of pages: 8 Posted: 21 Oct 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (425,218)

Abstract:

Microeconomics, Consumer’s Surplus

187.

Deriving the Beveridge Curve: Correcting the Diamand and Mortensen-Pissarides Search and Matching Theory

Number of pages: 12 Posted: 10 Oct 2016 Last Revised: 20 Nov 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (465,868)

Abstract:

Labor Theory, Search, Matching, UV, Beveridge Curve

188.

Saving Spence from Destroying His Own Signaling Theory

Number of pages: 10 Posted: 07 Oct 2016 Last Revised: 10 Nov 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (490,610)

Abstract:

Labor Theory, Labor Supply, Signaling

189.

A Deus Ex Machina to Save Becker's Labor Theory

Number of pages: 7 Posted: 04 Oct 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (495,182)

Abstract:

Labor Training, Labor Theory

190.

Completing the Hashimoto Labor Theory

Number of pages: 6 Posted: 30 Sep 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (508,474)

Abstract:

Contract Theory, Profit Sharing

191.

The Self-Defeating Lazear-Rosen Rank-Order Labor Theory

Number of pages: 7 Posted: 29 Sep 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (485,880)

Abstract:

Labor Supply, Tournament Theory

192.

Correcting Dupuit's Consumer's Surplus: A New Theory of CBA and Monopoly

Number of pages: 11 Posted: 19 Sep 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (470,947)

Abstract:

Microeconomics, Consumer’s Surplus, Deadweight Loss, Monopoly

193.

The Baron-Myerson Superfluous and Abetting Regulation Theory

Number of pages: 9 Posted: 12 Sep 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (470,947)

Abstract:

Contract Theory, Asymmetric Information, Regulation, Monopoly

194.

The Wasteful Grossman-Hart Contract Theory: An Adverse Consequence of Expected Utility

Number of pages: 9 Posted: 07 Sep 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (465,868)

Abstract:

Contract Theory, Principal-Agent Dilemma

195.

Steven Shavell's Completely Wrong Contract Theory

Number of pages: 5 Posted: 06 Sep 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (440,519)

Abstract:

Contract Theory, Principal-Agent Dilemma

196.

Karl Popper's Superstitious Indeterminism: Is Statistics a Science?

Number of pages: 6 Posted: 30 Aug 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (445,526)

Abstract:

Statistics, Logic

197.

Disproving the Zhou-Chen Price Discrimination Model

Number of pages: 10 Posted: 05 Jul 2016 Last Revised: 26 Dec 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (504,100)

Abstract:

Microeconomics, Price Discrimination

198.

The Use of IPO Proceeds

Number of pages: 7 Posted: 20 Jun 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (374,133)

Abstract:

Corporate Finance, IPO

199.

A Profitable Theory of Corporate Finance

Number of pages: 10 Posted: 07 Jun 2016 Last Revised: 20 Jun 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (386,607)

Abstract:

Corporate Finance, Yield

200.

Further Disproof of the MM Theorem

Number of pages: 5 Posted: 01 Jun 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (435,384)

Abstract:

Corporate Finance, Capital Structure Irrelevance Principle

201.

Big Governments, Big Lies

Number of pages: 6 Posted: 26 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (476,055)

Abstract:

Macroeconomics, Government

202.

Grossman-Helpman's Singular Indifference Curve

Number of pages: 7 Posted: 24 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (495,182)

Abstract:

Utility, Indifference Curve, Seigniorage

203.

Exchange Rate and Offer Curve: Another Invalid Dichotomy: Depreciation vs. Tariff

Number of pages: 7 Posted: 15 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (499,683)

Abstract:

Trade, Invalid Dichotomy, Exchange Rate, Depreciation

204.

Identifying Import Tariff and Its Consequence

Number of pages: 7 Posted: 12 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (480,992)

Abstract:

Tariff, Harberger Tax, Pigou Tax

205.

Singular Indifference Curve and Seigniorage

Number of pages: 6 Posted: 01 May 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (508,474)

Abstract:

Utility, Indifference Curve, Seigniorage

206.

Katz-Shapiro's Anti-Networking Theory

Number of pages: 9 Posted: 26 Apr 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (374,133)

Abstract:

Cournot Competition, Network Economics

207.

A Brief History of Economic Growth

Number of pages: 8 Posted: 02 Apr 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (435,384)

Abstract:

Growth

208.

Diamond's Contradictory Saving Theory

Number of pages: 4 Posted: 31 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Economic Growth, Saving

209.

Isoquant, PPC and Their Indirect Form: Disproving Diamond's Growth Theory

Number of pages: 4 Posted: 31 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Economic Growth, Production

210.

Dissecting Phase Diagram and Endogenous Growth

Number of pages: 6 Posted: 26 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth

211.

Indeterminate or Destitute: Disproving the Benhabid-Farmer Growth Model

Number of pages: 4 Posted: 26 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth

212.

Disproving the OLG-Growth Theory

Number of pages: 5 Posted: 26 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth, OLG

213.

Growth and Growth Rate

Number of pages: 5 Posted: 26 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth

214.

Reproducing and Disproving Cass's Growth Theory

Number of pages: 5 Posted: 12 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth

215.

Koopmans' Tautological Keynes-Ramsey Condition

Number of pages: 7 Posted: 08 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth

216.

Solow's Lifeless Growth Theory: How Solow Destroys His Own Growth Theory

Number of pages: 6 Posted: 01 Mar 2016 Last Revised: 10 Mar 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth, Population

217.

Bliss or Blight of Ramsey's Growth Theory

Number of pages: 4 Posted: 29 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth, Saving

218.

Ramsey's Zero-Saving Growth Theory

Number of pages: 5 Posted: 29 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth, Saving

219.

The Difference between Growth and Addiction

Number of pages: 5 Posted: 23 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Growth, Addiction

220.

Becker's Wasteful Lobbying Theory

Number of pages: 5 Posted: 22 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Bargaining, Lobbying

221.

Peltzman's Ineffective Theory of Regulation

Number of pages: 6 Posted: 17 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Regulation, Intervention

222.

Pollution Tax Encourages Pollution: The Absurdity of Tax Swap

Number of pages: 6 Posted: 14 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Pollution, Pigou Tax, Tax Swap

223.

An Algorithm to Solve Nash Equilibrium

Number of pages: 6 Posted: 02 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Game, Competition, Algorithm

224.

A Brief History of Competition

Number of pages: 9 Posted: 02 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Competition, Market Structure, Industrial Organization

225.

Disproving the U-Shaped Production Theory

Number of pages: 11 Posted: 01 Feb 2016 Last Revised: 24 Dec 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Theory of the Firm, Market Structure, Industrial Organization

226.

The Theory of Large Numbers

Number of pages: 11 Posted: 22 Jan 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Risk, Law of Large Numbers, Moral Hazard

227.

Cournot, Stackelberg and Hotelling Competition

Number of pages: 4 Posted: 10 Jan 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Duopoly, Prisoner’s Dilemma

228.

An Algorithm to Play Hotelling's Game

Number of pages: 16 Posted: 30 Dec 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Regional Economics, Spatial Competition

229.

The Abuse of MBS: A Monster Bigger than the Federal Government

Number of pages: 8 Posted: 12 Dec 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Central Bank, Fannie Mae, MBS, Subprime Mortgage, Fraud Syndicate

230.

Why People Choose CBD: The Urban Density Gradient: Explaining the Rent Gradient Function

Number of pages: 6 Posted: 07 Dec 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Urban Economics, Population Density, Rent Gradient

231.

A Brief History of Bargaining

Number of pages: 8 Posted: 29 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Bargaining

232.

VL Smith's Free-Riding Social Choice Theory

Number of pages: 4 Posted: 23 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Bargaining, Public Choice

233.

Refuting VL Smith's Perfect Social Choice Theory

Number of pages: 5 Posted: 23 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Bargaining, Auction-Voting, Public Choice

234.

Is Coalition Good?

Number of pages: 4 Posted: 17 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Bargaining

235.

An Algorithm to Play Talmud Using the 50-50 Rule

Number of pages: 5 Posted: 17 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Bargaining

236.

An Algorithm to Play Talmud Using Shapley's Value

Number of pages: 6 Posted: 17 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Bargaining

237.

Talmud by Shapley

Number of pages: 6 Posted: 10 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Bargaining

238.

Why Google Adopts Vickrey's Auction Theory: Why Sotheby's Not

Number of pages: 5 Posted: 07 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Auction

239.

Clarke's Perfect Revelation or Perfect Cheating

Number of pages: 5 Posted: 03 Nov 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Public Finance, Bargaining

240.

Lindahl's Confusing Marginal Utility Theory

Number of pages: 5 Posted: 30 Oct 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Public Finance, Bargaining

241.

How Musgrave Has Destroyed the Voluntary Taxation Theory

Number of pages: 5 Posted: 30 Oct 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Public Finance, Bargaining

242.

A Big Joke by Hodrick and Prescott with Their Filters

Number of pages: 4 Posted: 21 Oct 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Detrending, Smoothing

243.

Cheng's Redundant Timing of Payment Theory

Number of pages: 6 Posted: 13 Oct 2015 Last Revised: 14 Oct 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Timing of Payment, Bargaining

244.

Timing of Payment and Bargaining

Number of pages: 7 Posted: 12 Oct 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Timing of Payment, Bargaining

245.

The Coase Theorem of Timing of Payment

Number of pages: 5 Posted: 11 Oct 2015 Last Revised: 14 Oct 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Moral Hazard, Timing of Payment

246.

A Wrong Shirking Supply Curve

Number of pages: 6 Posted: 11 Oct 2015
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Shirking, Moral Hazard, Principal-Agent

Other Papers (4)

Total Downloads: 97    Citations: 1
1.

Marshall-Lerner Condition is Wrong

Number of pages: 6 Posted: 21 Oct 2012 Last Revised: 08 Sep 2015
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 56 (268,673)
Citation 1

Abstract:

Trade, Exchange Rate, Devaluation

2.

Outline of a New Textbook: Traffic Economics

Number of pages: 14 Posted: 23 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
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Abstract:

Traffic Economics, Public Goods, Public Choice

3.

Outline of a New Textbook: Environmental Economics

Number of pages: 13 Posted: 23 Feb 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0

Abstract:

Pollution Prevention, Social Cost

4.

Outline of a New Textbook: Urban Economics

Number of pages: 6 Posted: 30 Dec 2015 Last Revised: 06 Jan 2016
Hak Choi
Chienkuo Technology University - Department of International Business
Downloads 0 (456,137)

Abstract:

Housing, Urban Economics, Regional Economics