Talk:Long run and short run/Archive 1

Discussions
This topic, along with Short-Run, should be merged in an extension to Production Functions

Long run and short run are very closely related, they should be merged

Merge with Long term and Short-run
Long-term currently redirects to long-run. This fact combined with the duplicate information on long-run and long term give me the impression that these two terms refer to the same concept. For this reason, long-run and long term should be merged. Also, a merge with short-run was suggested this time last year, but it has never been acted upon. Neither of these articles are large enough to stand on their own, therefore this merge should occur as well.

Neelix (talk) 17:31, 11 April 2008 (UTC)

I think the long-run is more suitable to talk about economic issues. Therefore, whether a change of long terḿs definition or a fusion with the long-run one should be applied. —Preceding unsigned comment added by 79.147.148.73 (talk) 21:44, 14 April 2008 (UTC)

Yes, they should be merged. I am a very important professor of Economics at a very prestigious university. I demand the two be merged. If they are not merged I will edit the recipies for cookies all over the world and instruct them to be baked with 5 pounds of sugar. You have 72 hours. —Preceding unsigned comment added by 67.180.37.143 (talk) 23:30, 20 May 2008 (UTC)

Oppose — the article "Long-term" is a terminology for "extending over a relatively long time period" relating to time in general and not restricted to only economics. Therefor it is inappropriate to merge the articles. — RW Marloe (talk) 20:18, 18 February 2010 (UTC)

Propose merge of Short run into Long run renamed as "Long run and short run" in 1 month
Long-term currently redirects to long-run. This fact combined with the duplicate information on long-run and long term give me the impression that these two terms refer to the same concept. For this reason, long-run and long term should be merged. Also, a merge with short-run was suggested this time last year, but it has never been acted upon. Neither of these articles are large enough to stand on their own, therefore this merge should occur as well.

Neelix (talk) 17:31, 11 April 2008 (UTC)

I think the long-run is more suitable to talk about economic issues. Therefore, whether a change of long terḿs definition or a fusion with the long-run one should be applied. —Preceding unsigned comment added by 79.147.148.73 (talk) 21:44, 14 April 2008 (UTC)

I have reproduced above for this subsection the only 2 serious responses to the merger template for Long run and Short run with a heading that specifies more exactly what is proposed. The merger into "Long run" is because the latter has a much longer list of edits. However, any merger should reproduce a copy of the history of the "Short run" article here.

I favor merger because the long run and short run are relative to each other, like husband and wife. One is incomplete without the other. Comparing and contrasting is easier in one article than two. As to RW Marloe's point, the LR & SR articles are all about Econ already. Here's a scholarly source for a merged article: Carlo Panico and Fabio Petri, "long run and short run," The New Palgrave Dictionary of Economics, Second Edition, 2008, Abstract. --Thomasmeeks (talk) 00:28, 3 August 2010 (UTC)

Preparatory to merger (with no dissents above, a copy of the Short run article is copied below for the record, its Edit history, Talk page and its history.


 * Merge of Short run into Long run with Move of "Long run" title to "Long run and short run" done. I'll archive this proposal section in a month. --Thomasmeeks (talk) 08:32, 5 September 2010 (UTC)

Copy of current Short run article
In economics, the concept of the short run refers to the decision-making time frame of a firm in which at least one factor of production is fixed. Costs which are fixed in the short-run have no impact on a firm decisions. For example a firm can raise output by increasing the amount of labor through overtime.

A generic firm can make three changes in the short run:
 * Increase production
 * Decrease production
 * Shut down

In the short run, a profit-maximizing firm will:
 * Increase production if marginal cost is less than price;
 * Decrease production if marginal cost is greater than price;
 * Continue producing if average variable cost is less than price, even if average total cost is greater than price;
 * Shut down if average variable cost is greater than price. Thus, the average variable cost is the largest loss a firm can incur in the short-run.

Copy of Revision history of Short run

 * 00:34, 3 August 2010 Thomasmeeks m (1,179 bytes)
 * 22:14, 2 August 2010 Anthony Appleyard m (1,179 bytes) (moved Short-run to Short run over redirect: Requested at Wikipedia:Requested moves as uncontroversial (http://en.wikipedia.org/w/index.php?title=Wikipedia:Requested_moves&oldid=376777132#movereq-Short-run)&wpMovetalk=1)
 * 08:42, 2 August 2010 Thomasmeeks (1,179 bytes) ("short run" as a noun (as distinct from an adjective) is not hyphenated as dictionaries & textbooks confirm)
 * 08:41, 2 August 2010 Thomasmeeks m (1,179 bytes) ("short run" as a noun (as distinct from an adjective) is not hyphenated as dictionaries & textbooks confirm)
 * 08:40, 2 August 2010 Thomasmeeks m (1,179 bytes) ("short run" as a
 * 01:09, 2 August 2010 Cydebot m (1,179 bytes) (Robot - Moving category Economics of production to Production economics per CFD at Wikipedia:Categories for discussion/Log/2010 July 25.)
 * 18:29, 12 June 2010 219.77.49.28 (talk) (1,182 bytes)
 * 02:00, 4 June 2010 129.210.145.13 (talk) (1,183 bytes)
 * 15:35, 2 June 2010 Cube b3 (1,184 bytes)
 * 15:35, 2 June 2010 Cube b3 (1,209 bytes)
 * 14:36, 17 December 2009 SmackBot m (1,149 bytes) (remove Erik9bot category,outdated, tag and general fixes)
 * 20:49, 15 August 2009 Erik9bot (1,122 bytes) (add Category:Articles lacking sources (Erik9bot))
 * 03:48, 31 July 2009 RibotBOT m (1,073 bytes) (robot Adding: tr:Kisa Dönem)
 * 21:45, 8 March 2009 80.142.167.111 (talk) (1,053 bytes) (?See also: interwiki)
 * 02:29, 21 October 2008 143.89.188.6 (talk) (1,033 bytes)
 * 02:29, 21 October 2008 143.89.188.6 (talk) (1,035 bytes)
 * 01:07, 22 September 2008 Gary King (1,033 bytes) (rm merge)
 * 23:37, 11 April 2008 SmackBot m (1,070 bytes) (Date the maintenance tags or general fixes)
 * 17:23, 11 April 2008 Neelix (1,055 bytes) (Suggested merge)
 * 18:47, 3 March 2008 86.158.98.159 (talk) (1,034 bytes) (remove mis-placed dic def)
 * 10:38, 16 June 2007 82.44.75.91 (talk) (1,308 bytes)
 * 01:59, 7 May 2007 211.28.122.138 (talk) (1,219 bytes)
 * 13:55, 22 April 2007 Edward (1,218 bytes) (link profit maximizing)
 * 02:36, 21 April 2007 Pricyber (1,194 bytes)
 * 17:30, 30 March 2007 Joshwillaford (1,184 bytes) (I added the printing industry definition of a short run.)
 * 07:10, 25 October 2006 John Quiggin (911 bytes)
 * 14:22, 24 October 2006 Egpetersen (896 bytes)
 * 14:21, 24 October 2006 Egpetersen (881 bytes)
 * 14:21, 24 October 2006 Egpetersen (879 bytes)
 * 20:54, 2 October 2006 Bluebot (875 bytes) (tagged, added uncategorised tag)
 * 13:53, 3 May 2006 203.218.60.250 (talk) (843 bytes)
 * 11:53, 27 January 2006 Bluebot m (848 bytes) (Bringing "External links" and "See also" sections in line with the Manual of Style.)
 * 22:17, 13 January 2006 Savidan (848 bytes)
 * 00:16, 4 January 2006 172.189.97.181 (talk) (849 bytes)
 * 05:28, 16 December 2005 Savidan (852 bytes)

Please discuss merge proposal at Talk:Long run
--Thomasmeeks (talk) 00:36, 3 August 2010 (UTC)

Copy of Revision history of Talk:Short run

 * 3 August 2010 Thomasmeeks (278 bytes) (?Please discuss merge proposal at Talk:Long run#Propose merge of Short run into Long run renamed as "Long run and short run" in 1 month: new section) (undo)
 * 22:14, 2 August 2010 Anthony Appleyard m (36 bytes) (moved Talk:Short-run to Talk:Short run: Requested at Wikipedia:Requested moves as uncontroversial (http://en.wikipedia.org/w/index.php?title=Wikipedia:Requested_moves&oldid=376777132#movereq-Short-run)&wpMovetalk=1) (undo)
 * 01:08, 22 September 2008 Gary King (36 bytes) (?Created page with ' '

Anything else to do?

 * There is no history-merge to do: see How to fix cut-and-paste moves. Anthony Appleyard (talk) 15:54, 5 September 2010 (UTC)


 * OK, thanks. --Thomasmeeks (talk) 19:18, 5 September 2010 (UTC)