Economic theory and philosophy Books
John Wiley and Sons Ltd Value
Book Synopsis'Value' seems like an elusive and abstract concept. Nonetheless, notions of value underpin how we understand our lives, from discussions about the economic contribution of different kinds of work and productive activity, to the prices we pay for the things we consume. So what is value, and where does it come from? In this new book, Frederick Harry Pitts charts the past, present and future of value within and beyond capitalist society, critically engaging with key concepts from classical and neoclassical political economy. Interrogating the processes and practices that attribute value to objects and activities, he considers debates over whether value lies within commodities or in their exchange, the politics of different theories of value, and how we measure value in a knowledge-based economy. This accessible and intriguing introduction to the complexities of value in modern society will be essential reading for any student or scholar working in political economy, economics, economic sociology or management.Trade Review“Clear, comprehensive and critical, Value is a gem of a book for both students and scholars who grapple with the problem of value in economic thought. Harry Pitts's introduction offers well-argued and detailed engagement with central approaches and debates that should not be missed.”Paul Mason, author of Postcapitalism “Harry Pitts has written an essential primer on that 'thing' that is central to economics, political economy and the social system they purport to explain – capitalism. Debunking all notions that there is anything scientific or objective about value, Harry teaches why we should understand it as a category of struggle, as 'something' that both emerges out of struggles and operates to fragment and suppress struggles.”David Harvie, co-author of Moments of Excess: Movements, Protest and Everyday Life""Value" is one of the most important concepts in economics, one that Marx deeply focused upon in his analysis of capitalist society. However there is a great deal of disagreement and confusion over the term, even among Marxists. In this handy book, Frederick Harry Pitts reconstructs debates over value within political economy, sociology, and critical theory, carefully weighing the analytical and political implications. Useful both as an introduction to value theory and as a reference for experts, Value is a book I anticipate coming back often as a teaching tool and as an aid for my own work." Gavin Mueller, Verso Books Blog - Authors' Favorite Books of the Year"The book is part of Polity’s fantastic What is Political Economy Series that presents other key concepts such as work, austerity and money. With Value, Pitts gives us a thorough theoretical examination of yet another major concept in economics and social study that has been taken for granted in the often neglected approaches of political economy. Pitts’ voice in the book is authoritative because he demonstrates a solid understanding of wide-ranging theories and disciplines." Zaynab El Bernoussi, Capital & Class
£42.75
John Wiley and Sons Ltd Economic Rationality
Book SynopsisEconomics used to be called political economy, and the loss of the “political” tracks the ascendance of the idea of rational choice within the discipline. Where does this idea of economic rationality – choosing to maximize benefits and minimize costs – come from? What are the consequences of its rise? In this new book, Stephen Engelmann assesses these questions through a consideration of the often-hidden links between choice and government, ranging from the Benthamic utilitarianism that inspired modern economics to the contemporary economic psychologists trying to nudge everyone to choose more rationally. Multiple global crises are exposing how deficient economic rationality is as a political theory, since a focus on choice turns actors away from relations in the common. Political economy once targeted aristocratic rule – heralding a politics and ethics of egalitarian self-command and spurring democratic reform – but economics allows domination and forecloses alternatives to it. This accessible volume will be of interest to students and scholars of politics and economics, and to general readers concerned about the various ways that psychology and management have infiltrated our politics.Trade Review“This is a beautifully written, highly literate, and engaging survey of the structure, history, and antecedents of neoclassical economics and its modern derivatives. It emphasizes the contrast between this conventional framework and many important things in social life.”Anwar Shaikh, The New School for Social Research“In this wonderfully lucid and erudite account, Stephen Engelmann uncovers and explains the function of economic rationality as an implicit form of political theory. He demonstrates that without an understanding of the organizing power of this concept, any attempt to reclaim the political sphere from neoliberal governance will necessarily founder. A crucial and highly recommended intervention.”Jane Elliott, King’s College LondonTable of Contents1 Introduction 2 Textbook Rationality and the Behavioral Critique 3 Political Economy 4 Economics as Politics 5 Conclusion
£42.75
John Wiley and Sons Ltd Economic Rationality
Book SynopsisEconomics used to be called political economy, and the loss of the “political” tracks the ascendance of the idea of rational choice within the discipline. Where does this idea of economic rationality – choosing to maximize benefits and minimize costs – come from? What are the consequences of its rise? In this new book, Stephen Engelmann assesses these questions through a consideration of the often-hidden links between choice and government, ranging from the Benthamic utilitarianism that inspired modern economics to the contemporary economic psychologists trying to nudge everyone to choose more rationally. Multiple global crises are exposing how deficient economic rationality is as a political theory, since a focus on choice turns actors away from relations in the common. Political economy once targeted aristocratic rule – heralding a politics and ethics of egalitarian self-command and spurring democratic reform – but economics allows domination and forecloses alternatives to it. This accessible volume will be of interest to students and scholars of politics and economics, and to general readers concerned about the various ways that psychology and management have infiltrated our politics.Trade Review“This is a beautifully written, highly literate, and engaging survey of the structure, history, and antecedents of neoclassical economics and its modern derivatives. It emphasizes the contrast between this conventional framework and many important things in social life.”Anwar Shaikh, The New School for Social Research“In this wonderfully lucid and erudite account, Stephen Engelmann uncovers and explains the function of economic rationality as an implicit form of political theory. He demonstrates that without an understanding of the organizing power of this concept, any attempt to reclaim the political sphere from neoliberal governance will necessarily founder. A crucial and highly recommended intervention.”Jane Elliott, King’s College London Table of Contents1 Introduction 2 Textbook Rationality and the Behavioral Critique 3 Political Economy 4 Economics as Politics 5 Conclusion
£14.99
John Wiley and Sons Ltd Rent
Book SynopsisThe problem of rent is at the root of vital social concerns in the twenty-first century, ranging from the climate emergency and spiralling economic inequality to the repercussions of global economic crises. But while many of us may be familiar with rent (especially paying it), how should we really understand it? Examining both concrete contexts and complex concepts, in this book Joe Collins provides a comprehensive but concise survey of the theories and debates over rent and rentier capitalism. He examines global gentrification from São Paolo to Dublin, the tyranny of technology from Taipei to San Francisco, and the excesses of extractivism from Sekondi to Karratha. In doing so, he reveals how rent is fundamental to the current dominant form of capitalist social organization across the globe and how we can prevent the next generation from seeing our societies rent asunder. An essential resource for students and scholars alike, this groundbreaking book will be of interest to anyone working on capitalism, property, political economy, economic sociology and contemporary politics.Trade Review‘From twenty-first-century techno-patents to landlord sex scams, rentier capitalism tightens its grip on everyday life. In this short book, Joe Collins unpacks the multiple meanings of rent as these evolved through traditional economics to contemporary political economy. A lucid and compassionate account.’Ariel Salleh, Global University for Sustainability, Hong Kong ‘As rents become ever more important and rentiers become ever more powerful, this book provides an important theoretical underpinning to the idea of rent as a cause and consequence of monopoly. Contemporary capitalism cannot be understood without this.’Jayati Ghosh, University of Massachusetts AmherstTable of ContentsChapter 1 – What is rent? Chapter 2 – Rent theory in historical perspective Chapter 3 – Mainstream rent theory Chapter 4 – Rent theory in modern political economy Chapter 5 – Why is rent important today? Notes References
£14.99
John Wiley and Sons Ltd Marxian Economics: An Introduction
Book SynopsisMore and more people have turned to Marxian economics in recent years. But isn’t it a defunct branch of the ‘dismal science’, disproven by the experience of the past 150 years, of no interest to anyone except historians? In this book, David Ruccio demonstrates why the answer to that question is a resounding ‘no’. He offers a clear and accessible introduction to the basic concepts and theoretical strategies of Marxian economics, its key differences from mainstream economics, and its many applications to the real world. Focusing on Marx’s critique of both mainstream economic theory and capitalism, Ruccio extends that analysis to contemporary topics—from inequality and economic crises to racial capitalism and the climate crisis—and outlines the key debates among Marxian economists. He concludes with a discussion of the ways Marxian economists today think about the possibility of moving beyond capitalism. The book is suitable for students and professors, as well as readers outside the academy interested in learning about Marxian economics. It will be useful both as a stand-alone text and as a companion to reading Capital.Trade Review“This is a very important, timely book. Capitalism's three crashes since 2000 plus its ever-deepening inequalities lead people everywhere to seek the kinds of critical analysis Marx exemplified and that David Ruccio has built upon. Ruccio is well prepared and positioned to bring a powerful and directly relevant Marxian economics to a time that needs it more than ever.”Richard D. Wolff, University of Massachusetts, Amherst, and founder of Democracy at Work “Marxism remains central to our understanding of capitalism and the inequities it creates. Marxism as a theory also requires regular scrutiny and rethinking as economies evolve. Ruccio's book provides both a solid treatment of the basic principles and the foundations for the rethinking that must be part of any meaningful paradigm. Amidst the vast literature, this book is a standout. It is sophisticated and accessible, crisply written and consistently relevant.”William Milberg, The New School for Social ResearchTable of ContentsAbout the Author Preface Acknowledgements Glossary References Variables Part 1 Chapter 1 Marxian Economics Today Chapter 2 Marxian Versus Mainstream Economics Chapter 3 Origins of the Marxian Critique of Political Economy Part 2 Chapter 4 Commodities and Money Chapter 5 Surplus-Value and Exploitation Chapter 6 Profits, Wages, and Distribution of Surplus-Value Part 3 Chapter 7 Applications of Marxian Economics Chapter 8 Debates in and around Marxian Economics Chapter 9 Transitions to and from Capitalism Notes Index
£49.50
John Wiley and Sons Ltd Institutional and Organizational Economics: A
Book SynopsisWhy do some countries succeed while others struggle? Why are some firms profitable while rivals fail? Why do some marriages thrive and others end in divorce? These questions seem unrelated, but societies, companies, and marriages have one important thing in common: they involve more than one individual. They thus face the same fundamental challenges. How can people be made to help rather than hurt each other? How can they use sacrifice, cooperation, and coercion to promote the common good? In this introductory text, Tore Ellingsen equips readers to answer essential questions around the success and failure of humans in groups, drawing on behavioral game theory, psychology, and sociology. He emphasizes how other-regarding preferences such as altruism and dutifulness matter for societies’ prosperity, and analyzes the role of culture in the form of shared values and understandings. One lesson is that cooperation is facilitated when people anticipate that they will hold common memories of past behavior, especially if agreements take precedence over leaders’ authority. A groundbreaking text, Institutional and Organizational Economics is essential reading for students and scholars of economics, political science, sociology, and public administration.Trade Review“Institutional and Organizational Economics not only provides a superb development of the ideas of organizational economics, using the tools of basic game theory, but also offers fascinating connections to history, sociology, and literature. A tour de force.”Oliver D. Hart, Harvard University“This slim volume offers an amazing wealth of ideas about institutions and organizations. The exposition nicely combines historical and experimental evidence with clear and simple behavioral game theoretic explanations. A book to instruct and delight students and scholars alike.”Avinash Dixit, Princeton UniversityTable of ContentsPreface 1 The Organizational Challenge 2 Sacrifice 3 Selfishness, Rationality, and Utility 4 Situations, Games, and Cooperation 5 Shared Understandings and Values 6 Predicting Behavior in Games 7 A Model of Anarchy 8 Changing the Game 9 Coordination 10 Authority’s Limitations 11 Relationships 12 Third-party Punishment 13 Coercion: Costs and Benefits 14 Contracts and Governance 15 Limited Liability and Corporate Finance 16 Asymmetric Information 17 Application: The Oil-Pool Problem 18 Conclusion 19 More Food for Thought 20 Further Reading Postface Answers to Exercises Notes References Index
£45.00
Texas A&M University Press The Texas Triangle: An Emerging Power in the
Book Synopsis
£999.99
Reaktion Books Great Economic Thinkers: An Introduction - from Adam Smith to Amartya Sen
Book SynopsisGreat Economic Thinkers presents an accessible introduction to the lives and works of the most influential economists of modern times. Free from confusing jargon and equations, the book describes and discusses key economic concepts - from the role played by the division of labour to wages and rents, cognitive biases, saving, entrepreneurship, game theory, liberalism, laissez-faire and welfare economics - showing how they have come to shape how we see ourselves and our society today. All of the thirteen economists featured - Adam Smith, David Ricardo, John Stuart Mill, Karl Marx, Alfred Marshall, Joseph Schumpeter, John Maynard Keynes, and Nobel Prize winners Friedrich Hayek, Milton Friedman, John Forbes Nash, Jr, Daniel Kahneman, Amartya Sen and Joseph Stiglitz - have had a profound influence on our attitudes towards market intervention and regulation, taxation, trade and monetary policy. Each chapter combines a biographical outline of a single thinker with critical analysis of their contribution to economic thought. The book features an introduction by economics historian D'Maris Coffman. If you've ever wanted to find out more about the theorists who gave us the `invisible hand', Keynesianism, `creative destruction', behavioural economics and other concepts, this book is the perfect place to start.
£23.75
Emerald Publishing Limited Research in the History of Economic Thought and
Book SynopsisThe centerpiece of Volume 40B of Research in the History of Economic Thought and Methodology is a symposium on the work of William Baumol, edited by Erwin Dekker. The symposium includes contributions from Alex Tabarrok, Jochen Hartwig and Hagen M. Krämer, Alexandre Chirat, Victor A. Beker, Caroline Colton, Magnus Henrekson and Mikael Stenkula, and Anna Noci. Volume 40B also features new general-research essays from Juan Pablo Castilla and Fabrizio Bientinesi.Table of ContentsPART I: A Symposium on the Work of William J. Baumol: Heterodox Inspirations and Neoclassical Models; Erwin Dekker Chapter 1. Introduction - The Work of William J. Baumol: Heterodox Inspirations and Neoclassical Models; Erwin Dekker Chapter 2. William Baumol and the Cost Disease; Alex Tabarrok Chapter 3. Baumol’s Cost Disease in Times of Rising Income Inequality; Jochen Hartwig and Hagen M. Krämer Chapter 4. The Correspondence between Baumol and Galbraith (1957–1958): An Unsuspected Source of Managerial Theories of the Firm; Alexandre Chirat Chapter 5. Baumol´s Contribution to Telecommunications Regulation; Victor A. Beker Chapter 6. William Baumol and Contestability: From AT&T to Platforms; Caroline Colton Chapter 7. William J. Baumol: Innovative Contributor to Entrepreneurship Economics; Magnus Henrekson and Mikael Stenkula Chapter 8. So, What did Marx ‘Really’ mean? The Methodenstreit between Baumol and Samuelson on the History of Economic Thought; Anna Noci PART II: Essays Chapter 9. To Kill a Black Swan: The Credibility Revolution at Cede, 2000-2018; Juan Pablo Castilla Chapter 10. A Bias for Bias? The Impact of “Authoritarian” Politics as shown by Italian International Trade Debate Experience, 1913-1942; Fabrizio Bientinesi
£78.99
Emerald Publishing Limited Value, Money, Profit, and Capital Today
Book SynopsisDrawing on the perspectives of both leading experts and early career academics from China, Senegal, Cuba, Brazil, France, Italy, Spain, and the UK, this 39th issue of Research in Political Economy integrates, articulates, and discusses the concepts of value, profit, money, and capital within a common theoretical and empirical framework. Divided into four distinct parts, chapters highlight: the relevance of value in contemporary Marxist theory the hegemony of the US dollar and its recent erosion major monetary problems currently faced by Africa as a result of colonial legacies alternative monetary and financial tracks being tested in Latin America, including monetary regionalization and resistance to the domination of the dollar the current state of national debt in the Global South, including possible solutions the difficulties in evaluating transnational corporate profit in the era of globalization the evolution of profit rates in the United States, Europe, and Latin America over the past several decades a study of France's rate of profit over more than a century fictitious and financial capital the recent emergence of cryptocurrencies and some of the challenges that this entails Connecting fundamental, theoretical, and empirical subjects with the most current scholarship on value, money, profit and capital today, this book makes sense of our increasingly interconnected global economy, highlighting key issues and proposing real-world solutions from the most knowledgeable researchers in the field.Table of ContentsPART I. VALUE TODAY Chapter 1. Money, Credit and Fictitious Capital in Marx’s Theory of Value; Alfredo Saad-Filho Chapter 2. Critique of Value Criticism ; Fabien Trémeau Chapter 3. Turning One’s Loss into a Win? – The U.S. Trade War with China in Perpective; Zhiming Long, Zhixuan Feng, Bangxi Li, and Rémy Herrera PART II. MONEY TODAY Chapter 4. Colonial Legacy, Monetary Policy and Resource Mobilization for Development in Africa; Demba Moussa Dembele Chapter 5. Surplus Production and Unequal Development in Latin America: A Comparative Study With the U.S. From a Political Economy Perspective; Juan Pablo Mateo Chapter 6. From “Crypto-Alternatives” to a Regional Unit of Account: Monetary Proposals in Latin America for a Greater Shared Autonomy; Joaquín Arriola and Juan Barredo-Zuriarrain PART III. PROFIT TODAY Chapter 7. Multinational Firms’ Practices: An Attempt at a Marxist Theorization; Christian Palloix Chapter 8. Profit Rates: Their Dispersion and Long Term Determination; William Paul Cockshott Chapter 9. Elements for a Study of the Profit Rate: France, 1896-2018; Weinan Ding, Zhiming Long, and Rémy Herrera PART IV. CAPITAL TODAY Chapter 10. Fictitious Capital, Fictitious Profits, and Their Extreme Fetishism; Mauricio de Souza Sabadini and Gustavo Moura de Cavalcanti Mello Chapter 11. Crisis and Fictitious Capital ; Rosa Maria Marques and Paulo Nakatani Chapter 12. Money, Fictitious Capital and Cryptocurrencies: Their Impact on the World Economy; Ernesto Molina Molina
£90.00
Emerald Publishing Limited Research in the History of Economic Thought and
Book SynopsisResearch in the History of Economic Thought and Methodology (RHETM) is a book series dedicated to an interdisciplinary approach to a broad range of topics related to the history and methodology of economics.Table of ContentsPART I. A Symposium on John Kennethj Galbraith: Economic Structures and Policies for the Twenty-First Century Chapter 1. Introduction; Richard P. F. Holt Chapter 2. Galbraith and Economic Power; Steven Pressman Chapter 3. Consumer Sovereignty in the Digital Society; Alexandre Chirat Chapter 4. John Kenneth Galbraith’s Social Balancing Theory in the 21st Century; Eric Scorsone Chapter 5. John Kenneth Galbraith on the Military Industrial Complex; Adem Yavuz Elveren Chapter 6. The Social Consequences of Inflation and Unemployment and their Remedies; Alexandre Chirat, Basile Clerc, and Richard P. F. Holt PART II. Essays Chapter 7. Pareto efficiency from Lausanne to the United States: the role of Maurice Allais; Irène Berthonnet Chapter 8. From Regulation to Deregulation and (Perhaps) Back: A Peculiar Continuity in the Analytical Framework; William McColloch and Matías Vernengo
£80.00
Emerald Publishing Limited Research in the History of Economic Thought and
Book SynopsisResearch in the History of Economic Thought and Methodology (RHETM) is a book series dedicated to an interdisciplinary approach to a broad range of topics related to the history and methodology of economics.Table of ContentsPART I. A Symposium on Hazel Kyrk's A Theory of Consumption 100 Years after Publication Chapter 1. Introduction; Rebeca Gomez Betancourt Chapter 2. Hazel Kyrk’s intellectual roots: When First-Generation Home Economists Met the Institutionalist Framework; David Philippy, Rebeca Gomez Betancourt, and Robert W. Dimand Chapter 3. Hazel Kyrk’s A Theory of Consumption, Veblen’s Business and Industrial Concerns, and W.C. Mitchell’s Essays on Spending and Money: Conceptual Links; Zdravka Todorova Chapter 4. Hazel Kyrk and her Research on Standards of Consumption; Edith Kuiper Chapter 5. Hazel Kyrk, the Economics of the Social Relevance of Consumption and John Maynard Keynes’ Consumption Function; Atilio Trezzini Chapter 6. What should families want? From Hazel Kyrk to Margaret Reid and beyond; Miriam Bankovsky PART II. Essays Chapter 7. On the Integration of Institutional Themes and Neoclassical Formalism: Locational Economics as a Case Study in Pragmatic Empiricism; Yue Xiao and Joseph Persky Chapter 8. Nutter and Buchanan did not turn against tuition grants for segregated schools in 1965: A comment on Fleury (2023) and Levy and Peart (2023); Daniel Kuehn Chapter 9. Response to Kuehn: Buchanan on the rules for public school funding: Additional thoughts; David Levy and Sandra Peart
£80.00
Edward Elgar Publishing Ltd Evolutionary Economic Thought: European
Book SynopsisEvolutionary Economic Thought explores the theoretical roots of the evolutionary approach, and in so doing, demonstrates how it fits squarely into the theoretical mainstream. Focusing on the institutions of evolutionary change and the processes - such as competition - that generate change, this book takes account of important European contributions to the discipline, hitherto overshadowed by the American paradigm. As such, the book serves to broaden the current discourse. Whilst evolutionary economics itself is a well-researched and widely documented field, this book will be credited with establishing a history of evolutionary economic thought.The contributors attempt to answer an important set of questions on how economies develop, using the theories of social economists such as Hobson, Marx, Menger, Schmoller, Sombart and Wagner. Historical, empirical, and theoretical perspectives on evolutionary economic change are also drawn upon. This highly original book will appeal to those with an interest in evolutionary economics, economic development and the history of economic thought.Trade Review'This unusual collection brings together well-researched assessments of social economists, mainly Continental, like Schmoller, Wagner, Sombart, Menger, Hobson, Marx. It demonstrates clearly how much in European economic thought deals directly with economic systems, institutional processes, and the restlessness of development over time.' -- David Reisman, University of Surrey, UK and Nanyang Technological University, Singapore'This important and stimulating volume, put together by a leading historian of economic doctrine, offers historical, empirical, and theoretical perspectives on evolutionary economic change. It takes stock of a long standing tradition in European economic thought - a tradition that deserves a broad revival in these times in which economic evolution is often too narrowly associated with Darwinian concepts.' -- Ulrich Witt, Max Planck Institute for Research into Economic Systems, GermanyTable of ContentsContents: 1. Evolutionary Economic Thought: European Contributions and Concepts 2. Growth or Development: The Concept of the Historically Writing Economist 3. Some Evolutionary Features in John Hobson’s Economic Analysis 4. Karl Marx – An Evolutionary Social Scientist? 5. W. Sombart’s System Approach and Evolutionary Economics: A Comparison 6. Reconstructing the Early History of Path-Dependence Theory 7. Adolph Wagner’s Contributions to Public Health Economics 8. The Evolution of the Economic Principle and Motive Towards a Creative Homo Agens 9. Gustav Schmoller: An Evolutionary Economist 10. Austrian Economics and ‘The Other Canon’: The Austrians between the Activist-Idealistic and the Passivistic-Materialistic Traditions of Economics Index
£999.99
Edward Elgar Publishing Ltd Credit, Money and Macroeconomic Policy: A
Book SynopsisWith recent turmoil in financial markets around the world, this unique and up-to-date book addresses a number of challenging issues regarding monetary policy, financial markets and macroeconomic policy. While some of the chapters address the recent crisis as well as adjustments to the Basel Accord, others analyse the required changes to the conduct of monetary and fiscal policies. The distinguished authors offer an in-depth and comprehensive analysis of macroeconomics and provide alternative policies to deal with a number of persistent modern-day problems. Offering an interesting analysis of current economic issues from a Post-Keynesian perspective, this book will appeal to academics and graduate students of macroeconomics and financial markets.Trade Review‘The volume Credit, Money and Macroeconomic Policy edited by Claude Gnos and Louis-Philippe Rochon, represents a most important contribution to our understanding of the nature and role of credit and money in modern economies. It deals with some of the most pressing issues of our time; as such it constitutes an invaluable guide for the comprehension of the effects of the last twenty years of inflation targeting policies.’ -- Giuseppe Fontana, University of Leeds, UK and University of Sannio, ItalyTable of ContentsContents: Introduction Claude Gnos and Louis-Philippe Rochon PART I: ENDOGENOUS MONEY AND FINANCIAL CRISIS 1. A Minsky Moment? The Subprime Crisis and the ‘New’ Capitalism Riccardo Bellofiore and Joseph Halevi 2. Lessons from the 1929 Crash and the 1930s Debt Deflation: What Bernanke and King Learned, and What They Could Have Learned Robert W. Dimand 3. The Collapse of Securitization: From Subprimes to Global Credit Crunch Robert Guttmann PART II: MONETARY POLICY AND POLICY RULES 4. From Monetary to Fiscal Policy Rule: A Matter of Adjustment or Choice? Theodore T. Koutsobinas 5. Money Creation, Employment and Economic Stability: The Monetary Theory of Unemployment and Inflation Alain Parguez 6. Monetary Policy Without Reserve Requirements: Central Bank Money as Means of Final Payment on the Interbank Market Louis-Philippe Rochon and Sergio Rossi 7. Post-Keynesian Interest Rate Rules and Macroeconomic Performance: A Comparative Evaluation Louis-Philippe Rochon and Marc Setterfield PART III: MONETARY POLICY UNDER THE BASEL II ACCORD 8. Basel II: A New Regulatory Framework for Global Banking Robert Guttmann 9. The Basel II Influence on the Money Supply Process: A Comparative Analysis of the Eurozone and the United States Stelios Karagiannis, Yannis Panagopoulos and Aristotelis Spiliotis 10. Implications of Basel II for National Development Banks Rogério Sobreira and Patricia Zendron PART IV: INFLATION TARGETING, NEW CONSENSUS MACROECONOMICS AND MACROECONOMIC POLICY 11. Inflation Targeting Drawbacks in the Absence of a ‘Natural’ Anchor: A Keynesian Appraisal of the Fed and ECB Policies from 1999 to 2006 Angel Asensio 12. Fiscal Policy in the Macroeconomic Policy Mix: A Critique of the New Consensus Model and a Comparison of Macroeconomic Policies in France, Germany, the UK and Sweden from a Post-Keynesian Perspective Eckhard Hein and Achim Truger 13. Re-thinking Macroeconomic Policies Malcolm Sawyer 14. Turkish Monetary Policy in a Post-Crises Era: A Further Case of ‘New Consensus’? Ulaş Şener 15. Instability and Uncertainty in Cognitive Capitalism Andrea Fumagalli and Stefano Lucarelli Index
£999.99
Edward Elgar Publishing Ltd Henry Thornton (1760–1815), Jeremy Bentham
Book SynopsisHenry Thornton's Inquiry into the Nature and Effects of the Paper Credit of Great Britain (1802) is the repository of much of what is the best and most clear in modern monetary theory. However, it is only in recent years, largely through the efforts of Jacob Viner and Friedrich Hayek, that Thornton's work has been restored to its rightful place within monetary theory. Jeremy Bentham, was an extraordinary exponent of Utilitarianism and a founding father of administrative science, but he published very little on economics and what he did write was so dramatically ahead of its times that while it has proved stimulating to later generations it was virtually unknown in his own times. Similarly, it was Simonde de Sismondi and James Lauderdale, rather than Malthus, who were the true precursors of Keynesian thought. Their ideas and writings were thought incomprehensible and both men were attacked and ridiculed by contemporaries. However, modern economic theory has given them a new significance and coherence, making their writings relevant and comprehensible to economists. Here is a collection of the best of the articles published on these thinkers in the last two decades.Table of Contents"Bentham's Felicific Calculus", Wesley C. Mitchell; "In Memoriam - Jeremy Bentham (1748-1832)", James Bonar; "Liberty and Equality or Jeremy Bentham as an Economist", W. Stark; "Lauderdale's Oversaving Theory", Frank Albert Fetter; "Bentham as an Economist", T.W. Hutchison; "Lord Lauderdale and his "Inquiry"", A.V. Cole; "Lord Lauderdale - Underconsumptionist and Keynesian Predecessor", Maurice Mann; "Ricardo and Thornton on the Transfer Mechanism", Herbert G. Grubel; "Bentham and Wakefield", Eduard R. Kittrell; "Jeremy Bentham as an Economist Part II; W. Stark (1946); "Fetter on Lauderdale", Morton Paglin (1946); "Henry Thornton and Classical Monetary Economics", David A. Reisman; "Sismondi - a Neglected Pioneer", Thomas Sowell; "Henry Thornton - The Banker, Part 1", E.J.T. Acaster; "Henry Thornton - The Banker, Part 2", E.J.T. Acaster (1975); "Henry Thornton - The Banker, Part 3; E.J.T. Acaster (1975); "Benthamism and the Demise of Classical Economic "Ordnungspolitik"", Frank Petrella; "Sismondi's system of Liberty", H.O. Pappe; "Henry Thornton and the Development of Ricardo's Economic Thought", Charles F. Peake; "Mill's "Friendly Critic"", James A. Gherity.
£999.99
Business Expert Press The Economics of Online Gaming: A Player’s Introduction to Economic Thinking
Book SynopsisThis book is made from the connections that the author saw when he compared his experience inside a video game with what he learned through a formal study of economic theory.Set in the Massively Multiplayer Online Role-Playing Game (MMORPG) of Eternal Lands, it follows the true story of Mr. Mind, a gamer who builds a business inside the game world that he calls RICH. This business grows from a small start-up to an unregulated natural monopoly that abuses its market power by intentionally losing money to drive competitors out of business.RICH becomes so influential that it breaks the market process with a unique case of regulatory capture. Through this story, the book demonstrates how economic thinking is absorbed by experimenting inside an online video game.The Economics of Online Gaming covers basic economic concepts, unique economic issues, and general economic themes. Each of these topics begins with the context of a story and continues with an explanation of the economic theory behind it, finishing with a relevant real-world connection. It supports economic theory in an emotional way that cannot be shared through math or charts or graphs.Appendix B provides a comprehensive outline of ideas for teaching and discussion in each chapter.
£999.99
Springer Nature Switzerland AG Econometrics
Book SynopsisThis textbook teaches some of the basic econometric methods and the underlying assumptions behind them. It also includes a simple and concise treatment of more advanced topics in spatial correlation, panel data, limited dependent variables, regression diagnostics, specification testing and time series analysis. Each chapter has a set of theoretical exercises as well as empirical illustrations using real economic applications. These empirical exercises usually replicate a published article using Stata, Eviews as well as SAS.This new sixth edition has been fully revised and updated, and includes new material on limited dependent variables and panel data as well as revision of basic topics like heteroskedasticity, endogeneity, over-identification and specification testing. The author also provides more exercises and empirical examples based on published economic applications.Table of ContentsPart 1: What Is Econometrics?.- Basic Statistical Concepts.- Simple Linear Regression.- Multiple Regression Analysis.- Violations of the Classical Assumptions.- Distributed Lags and Dynamic Models.- Part 2: The General Linear Model: The Basics.- Regression Diagnostics and Specification Tests.- Generalized Least Squares.- Seemingly Unrelated Regressions.- Simultaneous Equations Model.- Pooling Time-Series of Cross-Section Data.- Limited Dependent Variables.- Time-Series Analysis.
£52.24
Springer Nature Switzerland AG Macroeconomic Policy: Demystifying Monetary and
Book SynopsisThis book is an applications-oriented text designed for individuals who desire a hands-on approach to analyzing the effects of fiscal and monetary policies. Significantly updated for the fourth edition, the text provides an understanding of the global economy in the wake of the COVID crisis, discussing topics such as pandemic related supply and demand-side shocks, the role of Modern Monetary Theory (MMT) in financing COVID rescue plans, the effect of the US, India, Eurozone and China’s post-COVID economies on emerging and transitioning economies, and the resurgence of inflation. This edition includes deeper coverage on the issue of budget deficit sustainability and on trade wars, especially in a global context, and revisits the life cycles of speculative asset price (SAP) bubbles, especially in the housing markets and in SPACs. The fourth edition contains several brand-new cases and media articles that are carefully positioned to relate explicitly to theory, and to look ahead to and preempt global macro situations and polices in the years to come. MBA students and Executive MBA students who appreciate the importance of monetary and fiscal analysis will find this text to be right on target. Financial analysts and individual investors who need to strip away economic myths and jargon and systematically examine and understand the effects of macro policies on variables such as inflation, output, employment and interest rates, will also find the book extremely useful.Table of ContentsChapter 1. Introduction and Overview of the Fourth Edition.- Chapter 2. National Income Accounts.- Chapter 3. Budget Deficits, Trade Deficits and Global Capital Flows: The National Savings Identity.- Chapter 4. Aggregate Demand: Setting the Stage for Demand-Side Stabilization.- Chapter 5. Demand-Side Stabilization: Overheating, Hard Landing, and Everything in Between.- Chapter 6. Long-Term Interest Rates, the Yield Curve, and Hyperinflation.- Chapter 7. ISLM: The Engine Room.- Chapter 8. The Classical Model.- Chapter 9. The Keynesian Model.- Chapter 10. The Supply-Side Model and the New Economy.- Chapter 11. After Covid: MMT and other Major Global Macropolicy Issues.- Chapter 12. Central Banks and Monetary Policy.
£52.24
Springer International Publishing AG Introduction to Mathematics for Economics with R
Book SynopsisThis book provides a practical introduction to mathematics for economics using R software. Using R as a basis, this book guides the reader through foundational topics in linear algebra, calculus, and optimization. The book is organized in order of increasing difficulty, beginning with a rudimentary introduction to R and progressing through exercises that require the reader to code their own functions in R. All chapters include applications for topics in economics and econometrics. As fully reproducible book, this volume gives readers the opportunity to learn by doing and develop research skills as they go. As such, it is appropriate for students in economics and econometrics.Table of Contents1. Introduction to R.- 2. Linear Algebra.- 3. Functions of one variable.- 4. Dierential Calculus.- 5. Integral Calculus.- 6. Multivariable Calculus.- 7. Constrained Optimization.- 8. Trigonometry.- 9. Complex numbers.- 10. Difference equations.- 11. Differential equations.
£42.74
Springer International Publishing AG Joan Robinson in Princely India
Book SynopsisThis book explores the early work and activities of Joan Robinson that focused on economic development within underdeveloped countries, in particular India before independence. By analysing the style of Robinson’s thinking and economic analysis, and based on the works of Indian contemporaries, parts of The British Crown and the Indian States previously unattributed to her are seen to exhibit her preoccupation with poverty, backwardness, unemployment, the population problem, international trade, and the role of the state. Through keeping in mind Robinson’s later work, the development of her ideas can be reflected upon, alongside critical perspectives. It also reveals the beginnings of her role as a public intellectual. This book aims to shed new light on Joan Robinson’s work on development and to provide insight to an overlooked part of her research. It will be relevant to students and researchers interested in the history of economic thought, development economics and economic history.Table of ContentsPart I. In the Land of Princes.- 1. An Unseemly Memsaab.- 2. A Tale of Two Robinsons.- 3. Discovering a Book.- 4. Austin Carries the Day.- Part II. Thinking Development: Then and Later.- 5. Precolonial Underdevelopment.- 6. Colonial Development.- 7. Is There a Common Thread?.- Part III. Transfer of Resources from Princely India to British India.- 8. Net Resource Outflow.- 9. Liabilities of the States.- 10. Revenue Contributions.- Part IV. The Drain, Backwardness and the State.- 11. The Drain and Backwardness.- 12. Role of the State.
£999.99
Springer International Publishing AG The Economics of Optimal Growth Pathways:
Book SynopsisEvery society aspires to be prosperous. It also endeavors to minimize the side effects of economic growth. This book entitled The Economics of Optimal Growth Pathways addresses numerous trade-offs faced by society to achieve prosperity and explores the best possible growth pathways. The theories explored in this book serve as a springboard to better understand key challenges and aspects of the economy, including food security, land use, forest and resource management, capital markets and interest rates, oil and gas extraction, fish and marine resources, saving and investment, and climate change.This book elucidates the concept of optimal economic growth pathways while addressing the challenges faced in natural resources and life on the planet. It will be relevant to students and researchers interested in resource and environmental economics.Table of ContentsChapter 1 An Introduction to the Economics of Optimal Growth PathwaysChapter 2 Ricardo’s RentChapter 3 Von Thunen’s Spatial Land Use: Grasslands and CitiesChapter 4 Faustmann’s Forest Harvest RotationChapter 5 Hotelling’s Fossil Fuel EconomicsChapter 6 Fisheries Bioeconomics under Open AccessChapter 7 Irving Fisher’s Capital and InterestChapter 8 Frank Ramsey’s Optimal SavingsChapter 9 Robert Solow’s Modern Economic GrowthChapter 10 Tjalling Koopmans’s Optimal Economic GrowthChapter 11 William Nordhaus’s Optimal Carbon Tax TrajectoryChapter 12 The Economics of Optimal Growth Pathways with Managing Natural ResourcesChapter 13 Tendencies for Sub-optimal or Post-growth Pathways
£999.99
Springer International Publishing AG A Primer for Spatial Econometrics
Book SynopsisThis textbook offers a practical and engaging introduction to spatial econometric modelling, detailing the key models, methodologies and tools required to successfully apply a spatial approach. The second edition contains new methodological developments, new references and new software routines in R that have emerged since the first edition published in 2014. It also extends practical applications with the use of the software STATA and of the programming language Python. The first software is used increasingly by many economists, applied econometricians and social scientists while the software Python is becoming the elective choice in many scientific applications. With new statistical appendices in R, STATA and Python, as well as worked examples, learning questions, exercises and technical definitions, this is a significantly expanded second edition that will be a valuable resource for advanced students of econometrics.
£63.10
Palgrave Macmillan Adam Smiths Theory of Society
Book Synopsis- Forthcoming.- Forthcoming.
£999.99
Palgrave Macmillan The Microeconomics of Market Failures and
Book Synopsis1. The State Monopoly on Violence.- 2. Market Failures and Institutions.- 3. Innovation and the Capitalist Revolution.- 4. Monopoly Power and Competition.- 5. Who Pays for Fixed Costs?.- 6. Insurance versus Incentives.- 7. Reputations and Implicit Contracts.- 8. Adverse Selection.- 9. Property Rights and the Rule of Law.- 10. Distributional Conflict and Democracy.- 11. Mathematical Appendix.- 12. Index of Variables.
£999.99
Springer International Publishing AG 21 Equations that Shaped the World Economy
Book SynopsisThis accessible and engaging textbook provides an introduction to the equations that have defined economics and shaped the global economy. It not only presents the ideas, concepts, and applications that underpin these equations, but also places them within their broader social and historical contexts. Simple mathematical examples and illustrations of the real-world application of the equations are combined with an overview of the implications to give a complete understanding of the power and importance of each equation. It will be relevant to economics students wishing to broaden their understanding of mathematics, mathematical economics, applied economics, and the history of economic thought.
£52.24
Palgrave Macmillan The Concept of Work in the History of European Philosophy
Book Synopsis1: Introduction.- 2: Plato and Aristotle on Work.- 3: The Greeks Cynics on Work and Wealth.- 4. Work in the New Testament.- 5: Aquinas on Work.- 6: Luther on Vocation.- 7: Francis Bacon: Science Relieving the Burden of Labor.- 8. Locke: Ownership from Labor.- 9: Adam Smith and the Division of Labor.- 10: Hegel on Work’s Two-Sidedness.- 11: Tocqueville.- 12: Marx’s Theory of Work.- 13: Kierkegaard on the Laborer.- 14: Durkheim on Anomie.- 15:Giovanni Gentile on the Humanism of Labor, Spartaco Pupo.- 16: Weber’s Work Ethic.- 17: Mises: The Disutility of Labor.- 18: Hannah Arendt on Homo Faber and the Fragility of Human Action.- 19: The Woman’s Soul as “Shelter”: Edith Stein on the Work of Women.- 20: Michael Oakeshott on “The Deadliness of Doing”.- 21: Leisure and Work in Josef Pieper’s Philosophy of Human Nature and Culture of Public Service.- 22: Work in New Natural Law Theory.- 23: Work and Its Discontents: Geuss and Graber, Gülsen Seven.
£999.99
Palgrave Macmillan Energy Rents and Income Distribution
£999.99
Springer International Publishing AG Social Design: Essays in Memory of Leonid Hurwicz
Book SynopsisThis book contains invited essays in memory of Leonid Hurwicz spanning a large area of economic, social and other sciences where the implementation or enforcement of institutions and rules requires the design of effective mechanisms. The foundations of these articles are set by social choice concepts; game theory; Nash, Bayesian and Walrasian equilibria; complete and incomplete information. Besides in-depth treatments of well-established parts of mechanism and implementation theory, contributions on novel directions deal, for instance, with a quantum approach to game and decision making under uncertainty; digitalization; and the design of block chain for trading. The outstanding competence and reputation of the authors reflect the appreciation of the fundamental contributions and the lasting admiration of the personality and the work of Leonid Hurwicz.Table of ContentsHervé Moulin: Foreword.- Walter Trockel: In Lieu of an Introduction: How I Remember Leonid Hurwicz.- Part I: Institution Design: Thomas Marschak and Dong Wei: Technical Change and the Decentralization Penalty.- Roger B. Myerson: Fundamental Theory of Institutions: a Lecture in Honor of Leo Hurwicz.- Andrew Postlewaite and David Schmeidler: The Hurwicz Program, Past and Suggestions for the Future.- Fernando Vega-Redondo: Social Networks from a Designer's Viewpoint.- Part II: Design Under Uncertainties: Claude d' Aspremont and Jacques Crémer: Some Remarks on Bayesian Mechanism Design.- Leonid Hurwicz, Eric Maskin and Andrew Postelwaite: Feasible Nash Implementation of Social Choice Rules When the Designer Does Not Know Endowments.- John O. Ledyard: Design of Tradable Permit Programs Under Imprecise Measurement.- Tatsuyoshi Saijo: Second Thoughts of Social Dilemma in Mechanism Design.- Part III: Markets: Peter J. Hammond: Allocation Mechanisms, Incentives, and Endemic Institutional Externalities.- Yakar Kannai and Roberto C. Raimondo: The Role of (quasi) Analyticity in Establishing Completeness of Financial Markets Equilibria.- Matthew Van Essen and Mark Walker: Are We There Yet? Mechanism Design Beyond Equilibrium.- Part IV: Rules: Souvik Roy, Soumyarup Sadhukhan and Arunava Sen: Formation of Committees Through Random Voting Rules.- William Thomson: Equal Area Rule to Adjudicate Conflicting Claims.- Part V: Implementation: Bhaskar Dutta: Recent Results on Implementation with Complete Information.- Paul H. Edelman and John A. Weymark: Unrestricted Domain Extensions of Dominant Strategy Implementable Allocation Functions.- Bezalel Peleg and Hans Peters: Self-Implementation of Social Choice Correspondences in Strong Equilibrium.- Part VI: New Directions in Design: Salvador Barberà, Dolors Berga and Bernardo Moreno: Domains Admitting ex post Incentive Compatible and Respectful Mechanisms: a Characterization for the Two Alternatives Case.- Gabrielle Demange: Mechanisms in a Digitalized World.- Jonathan Chiu and Thorsten Koeppl: Incentive Compatibility on the Blockchain.- Pierfrancesco La Mura: Contextual Mechanism Design.
£999.99
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Neuroeconomics
Book SynopsisThis book represents one of the cornerstones of the series Studies in Neuroscience, Psychology and Behavioral Economics. It is divided into eight sections, starting with an introduction to neuroeconomics followed by an overview of frequently applied experimental paradigms (games) in neuroeconomics research. Furthermore, it addresses the molecular basis of human decision making, environmental/situational factors and social contexts influencing human decision making, as well as translational and developmental/clinical approaches to neuroeconomics. In closing, a paper on neuro-marketing demonstrates how knowledge from neuroeconomics research can be applied in “real life.” Culminating in an extensive methods section, in which eight different neuroscience techniques are introduced, the book offers an essential resource for researchers and practitioners, and may also be beneficial for graduate students.Table of ContentsIntroduction into the Field of Neuroeconomics.- Historical Aspects of Neuroeconomics.- Game Theory and Human Decision Making.- Paradigms in Neuroeconomics.- Human Decision Making and the Brain: Structure and Functionality of the Central Nervous System.- Methods in Neuroeconomics.- Hormones.- Genetics.- Empirical Findings in Neuroeconomics – State of the Art.- Loss Aversion.- Trust.- Risk.- Impulsivity.- Dictator game.- Ultimatum Game.- Third Party Punishment.- Decision Making under Ambiguity.- Altruism.- Pathological Decision Making.
£999.99
Springer Fachmedien Wiesbaden Ethik und Wirtschaft: Über die moralische Natur
Book SynopsisEthik ist ein sehr altes Thema. Doch die Verbindung mit der Wirtschaft ist noch frisch und unausgereift. Es gibt reale Gründe für die Aktualität dieser Fragestellung, und zugleich gibt es Zweifel, ob wir – namentlich die Ökonomen – die richtigen Ansätze zur Wirtschaftsethik gefunden haben. Zu viele Experten haben sich in ihrem eigenen Fachdenken eingeigelt und weisen Gedanken, die neue Wege auftun wollen, ihre stachelige Seite. Meine Grundthese in dieser Schrift lautet: Die Ethik des praktischen Wirtschaftens muss nicht erst erfunden werden, sondern kann als Lehre von der moralischen Kraft aus den elementaren Komponenten des praktischen Wirtschaftens herausdestilliert und zur Sprache gebracht werden.Table of ContentsVon der natürlichen Moralität des Menschen.- Vom kulturellen Charakter der Wirtschaft.- Von der Vitalität der Wirtschaft und der Schwäche der Ökonomik.- Von der holistischen Annäherung an die Praxis des Wirtschaftens.- Von der Moralität der praktischen Unternehmensführung.
£37.99
Springer Fachmedien Wiesbaden Ehrbare Kaufleute: Eine philosophische
Book SynopsisEs gibt ohne Zweifel ehrlose Kaufleute, oder allgemeiner: ehrlose Manager. Also, scheint es, ist Manager-Sein eine Sache, und Ehrbar sein dagegen eine andere. Wenn es gut geht, kommen beide zusammen. Oft geht es eher nicht so gut. Dass es oft eher nicht so gut geht, soll im Buch nicht bestritten werden. Es wird aber dagegen argumentiert, dass Ehrbarkeit und Kaufmannschaft zwei voneinander unabhängige Dinge sind. Sie sind Eines, wenn auch in gewisser Weise trennbar. Sie sind Eines, insoweit die Ehrbarkeit zum Begriff des Kaufmanns gehört. Sie lassen sich trennen, insoweit nicht jeder wirkliche Kaufmann seinem Begriff entspricht. Vieles entspricht nicht seinem Begriff. Nobody is perfect.Table of ContentsGenealogisches.- Problem, Bedeutung und Ziel der Betrachtung.- „Vertrauen“ – epistemisch oder praktisch?.- In welchem Sinn „gut“ redundant ist, und in welchem nicht.- Die Sittlichkeit Ehrbarer Kaufleute.- Ethik und Betriebswirtschaftslehre.
£37.99
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Backtesting Value at Risk and Expected Shortfall
Book SynopsisIn this book Simona Roccioletti reviews several valuable studies about risk measures and their properties; in particular she studies the new (and heavily discussed) property of "Elicitability" of a risk measure. More important, she investigates the issue related to the backtesting of Expected Shortfall. The main contribution of the work is the application of "Test 1" and "Test 2" developed by Acerbi and Szekely (2014) on different models and for five global market indexes.Table of ContentsRisk measures and their properties.- Elicitability.- Backtesting (VaR and ES).- Empirical Analysis.- MATLAB code.
£999.99
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Zum Konzept der Liquiditätsfalle: Kritische
Book SynopsisIn diesem Buch wird die aktuelle Problematik der weltweit niedrigen Leitzinsen aufgegriffen und das auf John M. Keynes zurückgehende Konzept der Liquiditätsfalle in die moderne Makroökonomik übertragen. In drei einfachen dynamischen Modellen wird untersucht, ob die Liquiditätsfalle ein dauerhaftes oder temporäres Phänomen ist, dieses Phänomen stabil oder instabil ist, und welche Annahmen und Parameter die Antworten auf die ersten beiden Fragen beeinflussen. Dabei wird vor allem eine kritische Auseinandersetzung mit der in Geldtheorie und Geldpolitik vorherrschenden Auffassung zur Liquiditätsfalle geboten. Die wichtigsten Ergebnisse der vorwiegend algebraischen Analyse werden durch vielfältige graphische Instrumente veranschaulicht.Table of ContentsAlternative Spezifikationen der Phillips-Kurve.- Liquiditätsfalle bei Neuer Keynesianischer Phillips-Kurve.- Liquiditätsfalle bei Phillips-Kurven mit Inflationsträgheit.
£44.99
Springer Fachmedien Wiesbaden Mathematische Optimierung: Eine Einführung in die
Book SynopsisDas essential gibt Bachelor- und Masterstudierenden der Ingenieur- und Naturwissenschaften sowie der Wirtschaftswissenschaften eine kurze, anschauliche Einführung in die mathematische Optimierung. Anhand zahlreicher Beispiele werden die Grundbegriffe und Kernaussagen der kontinuierlichen Optimierung erläutert und angewendet. Es werden sowohl Optimierungsprobleme mit und ohne Nebenbedingungen als auch mehrkriterielle Probleme mit mehr als einer Zielfunktion behandelt.Table of ContentsBeispielprobleme: Ausgleichskurve, Standortplanung, Haltestellenproblem.- Optimalitätskriterien erster und zweiter Ordnung.- Karush-Kuhn-Tucker-Bedingungen, Pareto-optimale Lösungen und Pareto-Menge.- Methode der gewichteten Summe.
£999.99
Springer Fachmedien Wiesbaden Öffentliche Steuerung und Gestaltung der
Book SynopsisDas Buch bietet eine kompakte Einführung in die Steuerungs- und Gestaltungsansätze der kommunalen Sozialverwaltung. In einer kompakten und strukturierten Übersicht werden die ‚top down‘ Steuerungsmechanismen des Bürokratiemodells und des Neuen Steuerungsmodells vorgestellt und nachvollziehbar erläutert. ‚Bottom up‘ Gestaltungsmechanismen, die Stakeholder der Kommunalverwaltung in den Prozess der Abstimmung und Umsetzung kommunaler Entwicklung einbeziehen, werden ebenso anschaulich aufgezeigt (Kommunales Steuerungsmodell (KSM) und lokale Governance). Lehrende, Studierende und Praktiker_innen der Kommunalverwaltung erhalten kompaktes Basiswissen und wichtige Hinweise auf aktuelle Weiterentwicklungen für alle relevanten Bereiche der kommunalen Verwaltung.Table of ContentsSteuerungsmodi der Kommunalverwaltung.- Der kommunale Haushalt.- Das Verhältnis zwischen Politik und Verwaltung.- Organisationsstruktur.- Stellung zu und Zusammenarbeit mit anderen Organisationen.- Selbstverständnis gegenüber Bürger_innen.- Personalführung/Kommunalverwaltung als Arbeitgeber.
£999.99
Springer Fachmedien Wiesbaden Netzwerkorientierung in Kommune und
Book SynopsisDas Lehrbuch führt verständlich und kompakt in die wesentlichen Begriffe und Konzepte zur Netzwerktheorie ein. Studierende in den Kontexten Soziale Arbeit, Sozialwirtschaft und Sozialmanagement finden nachvollziehbare Klärungen und Beschreibungen zu einer der Schlüsselkategorien der Public Governance.Table of ContentsZum Bedeutungsgewinn der Netzwerkmetapher in Gesellschaft und Wirtschaft.- Netzwerkorientierung als Kern der Public Governance.- Theoretische Grundlagen der Netzwerktheorie.- Lebensweltliche und organisierte Netzwerke.- Netzwerke in der Kommune.- Instrumente der Analyse von Netzwerken.- Zusammenfassung: Netzwerkorientierung in der Sozialwirtschaft.
£999.99
Springer Fachmedien Wiesbaden Netzwerke des Marktes: Ordoliberalismus als
Book SynopsisIm Zentrum dieses Buches steht der Ordoliberalismus Deutschlands. Entgegen der Annahme, bei diesem handele sich es um eine begrenzte und relativ einflusslose Gruppe von Ökonomen mit vorrangig ordnungspolitischen Auffassungen, wird auf Basis einer konzeptionellen sowie empirischen Erhebung die Wirkmächtigkeit der deutschen Ökonomen ab 1945 als konsequente Marktbefürworter nachgezeichnet. Die Entstehung nach dem Zweiten Weltkrieg, die Rekrutierungsmuster zentraler Akteure, wirkungsmächtige Lehrer-Schüler-Beziehungen, institutionelle Verdichtungen in Gremien und Think Tanks, internationale Verflechtungen sowie der Einfluss auf die Wirtschaftspolitik werden eingehend untersucht.Table of ContentsVorwort.- 1. Grundlegungen.- 2. Der „performative Fußabdruck“ der deutschen ÖkonomInnen (1954-1994).- 3. Das Konzept „des Marktes“.- 4. Ordoliberale Netzwerke.- 5. Die kurze Keynesianische Epoche.- 6. Die marktfundamentale Wende.- 7. Fazit.
£49.49
Springer Fachmedien Wiesbaden Sozialraumorientierung als Fachkonzept Sozialer
Book SynopsisDieser Band bietet Orientierungs- und Gestaltungswissen zur Umsetzung der Sozialraumorientierung in der Sozialwirtschaft. Die Beiträge zeigen die Bedeutung das Fachkonzepts angesichts sozialer und sozialstaatlicher Entwicklungen und legen dar, wie Sozialunternehmen durch eine sozialräumliche Steuerung und Organisation Ressourcen besser mobilisieren, die Wirksamkeit und Wirtschaftlichkeit ihrer Leistungen erhöhen und gleichzeitig die Lebensverhältnisse im Gemeinwesen verbessern können. Praxisberichte aus unterschiedlichen Arbeitsfeldern liefern Anschauungsmaterial zur Umsetzung von Sozialraumorientierung und illustrieren, wie Sozialunternehmen Anpassungsleistungen auf der Steuerungs- und Handlungsebene gestalten können.Der Inhalt Sozialraumorientierung • Soziale Dienstleistungen • Organisations- und Personalentwicklung • Sozialwirtschaft • Kommune • Sozialstaat Wohlfahrtsverband • Finanzierung Die HerausgeberinUlrike Wössner ist Projektleiterin und Referentin für Sozialraumorientierung und Soziale Stadtentwicklung in der Zentrale des Deutschen Caritasverbandes (DCV) in Freiburg. Sie leitete dort ein bundesweites Projekt zur Implementation der Sozialraumorientierung.Table of ContentsSozialraumorientierung.- Soziale Dienstleistungen.- Organisations- und Personalentwicklung.- Sozialwirtschaft.- Kommune.- Sozialstaat Wohlfahrtsverband.- Finanzierung.
£42.74
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Ökonomie ist menschlich: Wirtschaft und
Book SynopsisIst die Rede von Wirtschaft, denken die meisten Menschen an Großunternehmen. Entgegen dieser verbreiteten Vorstellung zeigen aktuelle empirische Daten jedoch, dass die meisten Betriebe sehr klein starten und auch klein bleiben. Statistisch belegbar ist auch, dass es vor allem private Haushalte sind, die Unternehmen und Verbände gründen, wodurch hybride (Misch-)Systeme, wie Haushalts-Unternehmens-Komplexe, entstehen. Im Alltagsdenken und auch bei Experten in Wissenschaft und Politik sind diese empirischen Fakten oft nicht bekannt und finden deshalb auch in der ökonomischen Bildung kaum Berücksichtigung. Damit kann der „ökonomische Analphabetismus“ erklärt werden, der als eine Ursache für individuelle und gesellschaftliche Wohlfahrtsverluste gilt. Das Buch klärt über die Entwicklung ökonomischer Strukturen und Funktionen auf, indem es empirische Daten zur Grundlage nimmt und die Bedeutung der Selbstorganisation und Gründung von Haushalten, Unternehmen und Verbänden sowie von betrieblichen Misch- und Sonderformen im evolutorischen Prozess des Wirtschaftens herausstellt. Die evidenzbasierte Analyse wird durch eine kritische Betrachtung der schulischen Wirtschaftslehre und eine theoriegeschichtliche Reflexion der Ökonomik ergänzt. Im Ergebnis kann ein neues Verständnis von Ökonomie, von Produktion und Konsum, begründet und vermittelt werden. Trade Review“... Piorkowskys Buch rückt den Übergangsbereich vom Privaten zum Markt ins Licht der Ökonomik. In wirtschaftspädagogischer Sicht ist dies ein erfolgsversprechender Ansatz, Jugendliche und junge Erwachsene für die Betriebswirtschaftslehre zu gewinnen. Insbesondere wer die Pflicht auf sich nimmt, Studienarbeiten in der gymnasialen Oberstufe oder in den Eingangssemestern des Bachelor-Studiums anzuleiten, wird das Buch Schülern und Studenten hilfreich zur Hand geben können. Kapitel für Kapitel finden die Lernenden ein reichhaltiges, kommentiertes Literaturverzeichnis ...” (PD Dr. Rainer Hufnagel, in: BFuP - Betriebswirtschaftliche Forschung und Praxis, Jg. 73, Heft 3, 2021) “... Michael-Burkhard Piorkowsky hat ein fachlich und didaktisch äußerst gelungenes Buch vorgelegt, das allen an wirtschaftlichen Reflexionen Interessierten, aber insbesondere den in der ökonomischen Bildung Tätigen wärmstens empfohlen werden kann. Das Buch enthält viel frisches Denken und ist bei hoher fachlicher Fundierung durchaus unterhaltsam zu lesen.” (Hans Jürgen Schlösser und Michael Schuhen, in: ZföB, Zeitschrift für ökonomische Bildung, Heft 10, 2021) “... Piorkowskys Buch ist ein interessantes Rearrangement vieler Forschungen zur Wirtschaft, in völlig ungewohnter Gliederung, aus der neue Schwerpunkte sichtbar werden. Insgesamt dient es der Reinterpretation vieler sozialer und Nichtmarkthandlungen als ökonomische Handlungen … als Nachweis der inzwischen gewachsenen Kompetenz einer erweitert gedachten Ökonomik. ...” (Prof. Dr. Birger P . Priddat, in: verbraucherzentrale Nordrhein-Westfalen, verbraucherforschung.nrw, 19. Januar 2021)Table of Contents
£44.99
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Normatives Entscheiden: Aufgaben und Merkmale der
Book SynopsisIn knapper Form stellt dieses essential die Theorie des Erwartungsnutzens verständlich dar. Wer sich in kurzer Zeit einen sicheren Umgang mit Modellen der Nutzenmaximierung erwerben will, kommt an diesem Buch nicht vorbei. Es setzt am Ursprung der Theorie des Erwartungsnutzens an, leitet die Modelle aus der These des rationalen Verhaltens ab und diskutiert ihre Wirksamkeit an allgemeingültigen Fällen wie dem Problem des Fahrers bei der Wahl seiner Route oder dem Problem des Investors bei der Wahl der Mischung zweier Wertpapiere. Das essential führt den Leser in origineller Weise auf den wissenschaftlichen Pfad der normativen Entscheidung über unsichere Gewinne oder Verluste. In der zweiten Auflage wird dem Leser die Bewertung von Verlusten am Beispiel der Routenwahl eines Fahrers einfacher und klarer vermittelt; entsprechend sind die Aufgaben und Lösungen überarbeitet worden. Die Versicherung unsicherer Gewinne wird ergänzt durch die Berechnung der Risikoprämie voneinander unabhängiger Investitionen in allgemeiner Form.Table of ContentsGrundlagen. - Entstehung. - Logarithmischer Nutzen. - Potenznutzen. - Nutzenmodelle und sicherer Gewinn. - Anhang.- Literatur
£999.99
Springer Fachmedien Wiesbaden Einführung in die angewandte
Book SynopsisDieses Lehr-, Arbeits- und Übungsbuch ist vorrangig zum Selbststudium sowie als Begleitlektüre zu Vorlesungen „Mathematik für Wirtschaftswissenschaftler“ konzipiert. Das Buch zielt vor allem auf nachhaltiges Verstehen ab und ist daher für Studienanfänger und Praktiker gleichermaßen geeignet: Mathematische Grundelemente und ökonomisch relevante mathematische Techniken werden ausführlich dargestellt, begründet und eingeübt. Zugunsten der Verständlichkeit wird dabei punktuell auf theoretischen Ballast – etwa mathematische Details und einzelne Beweise – verzichtet. Im Anschluss werden die zunächst abstrakten Techniken zielgerichtet und sinnvoll für ökonomische Anwendungen nutzbar gemacht. Zahlreiche Beispiele und Übungsaufgaben sowie Übersichtsdarstellungen runden das Gesamtpaket ab. Für einen gelungenen Einstieg enthält das Buch zusätzlich einen Intensiv-Brückenkurs zur elementaren Algebra mit mehr als 500 Übungsaufgaben, Selbstkontroll-Tests, Eingangs- und Schlusstests. Lösungshinweise zum Brückenkurs sowie zu allen weiteren Übungsaufgaben sind im separaten Lösungsanhang zu finden. Für die vorliegende 18. Auflage wurde das Buch vollständig aktualisiert und korrigiert.Table of Contents Grundlagen und Hilfsmittel.- Funktionen einer unabhängigen Variablen.- Funktionen mit mehreren unabhängigen Variablen.- Grenzwerte und Stetigkeit von Funktionen.- Differentialrechnung für Funktionen mit einer unabhängigen Variablen - Grundlagen und Technik.- Anwendungen der Differentialrechnung bei Funktionen mit einer unabhängigen Variablen.- Differentialrechnung bei Funktionen mit mehreren unabhängigen Variablen. Einführung in die Integralrechnung.-Einführung in die Lineare Algebra.- Lineare Optimierung.- Lösungshinweise zum Brückenkurs und weiteren ausgewählten Aufgaben.- Literaturverzeichnis.- Sachwortverzeichnis.
£999.99
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Math for Business and Economics
Book Synopsis
£999.99
Springer Verlag, Singapore Catastrophes and Unexpected Behavior Patterns in
Book SynopsisA major objective of this monograph is to present an agent-based simulation of artificial populations. The focus is on possible unexpected or catastrophic events that may spontaneously appear in simulations. A short recall of the tenets of the theory of catastrophes is given. Several examples of artificial society simulations are provided as the main topic of the book. With agent-based modeling, possible catastrophes and unexpected events in artificial populations are simulated. The book presents a new modeling and simulation tool, applied to social system simulation. The models are coded in the object- and agent-oriented language Bluesss (Blues Simulation System), related to the C++ language. The program code consists of a series of generic declarations of processes. Each of them includes a number of events that are coded in C++. At the runtime, a population of objects is generated. All the objects (agents) start to execute their own events, and interact with one another. During the simulations it is possible to observe the macro-behavior of the population, where some unexpected or "catastrophic" events occur. The examples include a stock market crash, catastrophes in extended prey–predator systems, growing organisms and cancer, epidemics, social inequality and economic decay, mass-service systems, and more. Remarks on possible simultaneous events are also included.Table of ContentsPreface.- Chapter 1. Catastrophes and agent-based models.- Chapter 2. BLUESSS simulation package.- Chapter 3. Behavior patterns of an artificial society.- Chapter 4. Extended prey-predator model.- Chapter 5. Stock market: Uncertainty and catastrophes.- Chapter 6. Epidemics.- Chapter 7. Growing organism and cancer.- Chapter 8. Work, salary and Gini.- Chapter 9. Waiting lines.- Chapter 10. Simultaneous events, semi-discrete events and chicken.- Index.
£999.99
Springer Verlag, Singapore Applied Financial Econometrics: Theory, Method
Book SynopsisThis textbook gives students an approachable, down to earth resource for the study of financial econometrics. While the subject can be intimidating, primarily due to the mathematics and modelling involved, it is rewarding for students of finance and can be taught and learned in a straightforward way. This book, going from basics to high level concepts, offers knowledge of econometrics that is intended to be used with confidence in the real world. This book will be beneficial for both students and tutors who are associated with econometrics subjects at any level.Table of ContentsChapter 1. Scope and Methodology of Econometrics. - Chapter 2. Random Walk Hypothesis: Random Walk Models. - Chapter 3. Geometric Brownian Motion. - Chapter 4. Efficient Frontier. - Chapter 5. Portfolio Optimisation. - Chapter 6. Introduction to Asset Pricing Factor Models: CAPM Multifactor Asset Pricing Models. - Chapter 7. Risk Analysis: Volatility risk ARCH & GARCH Models Value at Risk Models. - Chapter 8. Introduction to Fat tails: Fat tails in financial data How to handle fat tails It’s implication on investment decision. - Chapter 9. Introduction to Nonlinear Models: Threshold Regression TAR (Discrete) & STAR (Smooth). - Chapter 10. Introduction to Wavelets: Multi scale Wavelet decomposition; Wavelet Covariance and Correlation; Wavelet Coherence; and Wavelet Clustering
£42.74
Springer Verlag, Singapore Periphery and Small Ones Matter: Interplay of
Book SynopsisThis open access book analyzes the dualism and inequality in Indonesia insofar as how it affects micro, Small & Medium enterprises. The author considers how the general direction of policy should be to mitigate the effects of agglomeration forces leading towards concentration of activities in developed areas, and exploit the same forces by encouraging small businesses to operate in a close proximity and enable them to enjoy the external economies. If serious efforts to foster inclusive growth are to be made, conducting these two tasks should be the focus of social planners. The question is, how? The book addresses this question by focusing on the role of interactions between policies and institutions, of which social capital is an important part. Table of Contents1. Introduction.- 2. Development and Dualism.- 3. Agglomeration, Institutions, and Social Capital: Main Concepts & Methodologies.- 4. Mitigating Dualism and Exploiting the Interplay of Policy-Social Capital.- 5. Summary.
£999.99
Springer MultiRegional InputOutput Analysis of the
Book Synopsis
£98.99
Springer Verlag, Singapore The Contemporary Construction of the Chinese Form
Book SynopsisThis open access book is the first comprehensive and systematic study of Chinese Marxist literary criticism as an independent theoretical form. It discusses and describes the theoretical features of the Chinese form of Marxist literary criticism by refining and re-interpreting the iconic key concepts of “people,” “nation,” “politics,” “praxis,” along with the relationships between literature, technology and capital. Literary criticism and value judgment has also been discussed at length with insightful and valuable views being provided. This book is a brilliant introduction to the topic and ideal academic material for global readers to grasp the essence of Chinese Marxist literary critical thought.Table of ContentsChapter 1: Introduction.- Chapter 2: People: The Starting Point & the Destination of Literary Criticism.- Chapter 3: Nation: A New Dimension of Literary Criticism in the Context of Globalization.- Chapter 4: The Political Dimension of Literary Criticism.- Chapter 5: The Praxis Dimension of Literary Criticism.- Chapter 6: Marxist Literary Criticism in the Hi-Tech Era.- Chapter 7: Literature and Capital in a Market Economy.- Chapter 8: A Study of Value Judgment.- Chapter 9: Conclusion.
£33.24
Ediciones Deusto El liberalismo no es pecado
Book Synopsis
£999.99
