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Showing 1 - 12 of 107 results for “hak choi”
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  • 3D Economics

    by Hak Choi ...
    Series Book 1 - Profit Economics Series
    Up till now, Economics is written in p-q 2 dimensions. This book includes the space variable and makes Economics 3-dimensional. It then overhauls all economic theories, especially the competition theories: monopoly demand is more elastic, colluded duopoly covers the whole market; kinked demand is redundant; etc.This book is suitable for courses like Microeconomics, Customer Relation Management, ... Read more

    $2.43 USD or Free with Kobo Plus

  • A Simple Public Good Pricing Policy

    by Hak Choi ...
    Utility companies are monopolistic, but they must produce at full capacity. Therefore, they are unable to pursue maximum profits by textbook standards. Also, when faced with peak and off-season demand, many ot them choose to implement price differentiation. Were it not for their exclusive position, such behavior would be self-destructive. This book devises a simple utility pricing policy that ... Read more

    $2.43 USD or Free with Kobo Plus

  • Disproving Karl Marx’s Interest Rate Theory

    by Hak Choi ...
    Series Book 63 - Profit Economics Series
    Karl Marx set profit to zero to obtain some maximum interest rate and called it profit rate. He further argued that interest rate must be lower than profit rate. That is Marx’s interest rate theory. This book disproves Marx’s profit rate, and hence his interest rate theory. It also advocates abolishing internal rate of return. ... Read more

    $2.43 USD or Free with Kobo Plus

  • Business Cycle: Untold

    by Hak Choi ...
    Series Book 29 - Profit Economics Series
    What is business cycle? It is economic forecast. Forecasting is fortune telling; it is superstition; it is not science. This book reveals the true face of several great economic forecast models. ... Read more

    $2.43 USD or Free with Kobo Plus

  • Reshaping Foundations of Economics

    by Hak Choi ...
    Series Book 114 - Profitable Economics
    The current context of Economics is useless, for it cannot explain even intuition. It derives only a backward-bending supply curve; its demand curve can even be positive. Its business firms make no profit, and are afraid of competition. Welfare, as defined by Pareto, is merely the repeat statement of a stagnant production possibility curve.This book corrects all these errors, to make Economics ... Read more

    $7.04 USD or Free with Kobo Plus

  • Road or Traffic

    by Hak Choi ...
    Series Book 2 - Hak Choi Academy
    Is road the same as traffic? Up till now, economics has treated road and traffic as one. Instead, this book handles them separately, but the two are linked together by a key element: toll, even a zero one. Is road private or public? This book shows that the distinction is not so simple. This book covers 3 road-or-traffic economists and connects their piecemeal writings to form a complete theory of ... Read more

    $2.43 USD or Free with Kobo Plus

  • Central Bank: Untold

    by Hak Choi ...
    Series Book 28 - Profit Economics Series
    This book proves that central bank is not a bank, it does not earn any money, but fabricates only false account. Many people think central bank is almighty. They expect it to rescue the economy, earn money for its government and control inflation, etc. Actually, it is capable of nothing. ... Read more

    $2.43 USD or Free with Kobo Plus

  • IPO: Untold

    by Hak Choi ...
    Series Book 6 - Profit Economics Series
    IPO is the dream of many entrepreneurs, for that way they can cash in their effort, or obtain more money to run or expand their business. Seeing the listed price jumps higher, some stockholders feel happy for the increased wealth. The fact is, their wealth has been eroded. This volume shows how company management scams money with IPO. ... Read more

    $2.43 USD or Free with Kobo Plus

  • FinTech: The Magical Wealth Multiplier

    by Hak Choi ...
    Series Book 62 - Profit Economics Series
    Modigliani and Miller (1958) advocated more borrowing for higher rate of return. This paper uses FinTech to update their theorem. It also proves that FinTech’s multiplier is more magical than the deposit one. ... Read more

    $2.43 USD or Free with Kobo Plus

  • How to Profitably Raid a Company

    by Hak Choi ...
    Series Book 61 - Profit Economics Series
    Merger & Acquisition can enlarge a business to take advantage of the so-called economies of scale, but there is another conspiracy. This book teaches you how to raid a company, poor or rich, and even your own company. But if you don’t want to be a raider, do you still buy or keep those stocks? ... Read more

    $2.43 USD or Free with Kobo Plus

  • Everything You Know About Monopoly Is Wrong

    by Hak Choi ...
    Series Book 111 - Profit Economics
    Demand is already a marginal revenue function, and cannot be used to fabricate another marginal revenue function. Hence, everything you know, so far, about monopoly is wrong. ... Read more

    $2.43 USD or Free with Kobo Plus

  • Kahn's Zero/Negative Optimal Tariff

    by Hak Choi ...
    Series Book 110 - Profit Economics
    This book unveils the tricks of how Richard Kahn tried to support the optimal tariff theory. He contradictorily assumed away elasticities to derive his optimal tariff as a function of elasticities. He relied on foreign elasticities to force his result positive. When these errors are corrected, Kahn’s tariff can only be zero or negative. ... Read more

    $2.43 USD or Free with Kobo Plus