Economics Books

Book SynopsisIn the light of the Malaysian experience during the Asian financial crisis, this book examines the role of international capital mobility in making countries susceptible to financial crises and the use of capital controls as a crisis management tool. Malaysia provides an interesting case study of this subject given its significant capital market liberalisation prior to the onset of the crisis, and its fundamental shift in crisis management policy in September 1998.The prime focus of the book is on Malaysia's radical policy decision to pursue an independent recovery path, cut off from world markets by a system of capital control, as a viable alternative to the conventional market centred approach. The analysis suggests that, against the initial dire predictions of many economists, the capital controls have actually played a crucial supportive role in crisis management. Whether the controls have played a special role in delivering a superior recovery outcome in Malaysia compared to IMF-program countries remains a point of contention. However, there is strong evidence to suggest that this pragmatic policy choice was instrumental in achieving recovery, while minimising potential economic disruption and related social costs.The book provides an integrated view of the modalities and working of the capital-control based recovery package in the context of a comprehensive survey of macroeconomic management in Malaysia and from a comparative East Asian perspective. It will prove to be of great value to development macroeconomists, monetary and financial economists and students of Malaysian and East Asian development.Trade Review'. . . essential reading for those interested in capital market liberalisation or economic policy in Southeast Asia.' -- M. Ramesh, Asian-Pacific Economic Literature'This book makes an invaluable contribution to the growing interest in the 1997-98 Asian crisis and its policy responses by focusing specifically on the experience of Malaysia. . . . Overall, the book provides an important contribution to the debatable subject of capital controls. It does not focus only on Malaysia as an isolated case, it also brings other crisis-hit countries into the picture. That approach is illuminating and makes the book accessible to a broad range of readers.' -- Mansor H. Ibrahim, Canadian Journal of Development Studies'. . . this book is a major pioneering work on the effectiveness of capital control in Malaysia. The arguments are well supported by empirical data and the book is informative, analytical and well written. It is certainly a significant contribution to the ongoing debate on a controversial and delicate subject.' -- Lai Yew Wah, Journal of Malaysian Studies'. . . the Malaysian experiment is certainly one of the most successful attempts to buck IMF orthodoxy anywhere in the developing world in recent years, and, as such, many students and policymakers will wish to study it. This careful and scholarly monograph is an excellent place to start. . .' -- Anne Booth, Journal of Development StudiesTable of ContentsContents: Preface 1. State of the Debate 2. Pre-crisis Malaysian Economy: An Overview 3. Capital Account Opening, Capital Inflow and Share Market Boom 4. Capital Flows and Signs of Vulnerability 5. Onset of the Crisis, Policy Slippage and Economic Collapse 6. Policy Turnaround: From Muddling through to Capital Control 7. The Recovery 8. The Role of Capital Control 9. Conclusion Appendix References Index

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Book SynopsisCurrently developed countries pay much more attention to harmfully addictive substances than developing countries. However, the experience of developed countries is very relevant to the developing world since substance abuse is likely to impose a continually increasing burden of disease in this region in the near future. This book extends the frontiers of research on the economics of substance use and abuse in a variety of extremely significant ways. It focuses on the determinants and consequences of the consumption of cigarettes, alcohol, betel quid, and illicit drugs in the United States, Great Britain and Taiwan. The authors use a variety of empirical techniques to examine the roles of price, advertising, risk perception, time preference and forward-looking behaviour in consumption decisions and the effects of these decisions on labour market outcomes, unintended pregnancies and criminal violence.Economic Analysis of Substance Use and Abuse will be required reading for scholars of economic development and health economics.Table of ContentsContents: Part I: Rational Addiction Part II: Risk Perception and Time Preference Part III: Costs of Substance Use Part IV: Criminal Violence and Substance Use Part V: Demand Analysis Index

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Book SynopsisThe decision to enlarge the European Union by ten (eventually thirteen) countries has surprisingly not been accompanied by much discussion of the implications for Social Europe. This has led to criticisms that enlargement is a purely economic process that will sweep aside important social considerations: Will the much lower labour costs and social standards in the applicant countries - especially those from Central and Eastern Europe - lead to 'unfair' competition or 'social dumping'? Will this process in turn encourage current EU member-states to run-down their own social provisions in order to be able to compete with the newcomers? Do the specific features of this new accession wave - the largest enlargement so far and including markedly less-developed countries - threaten the global survival of the so-called 'European Social Model'? What policies should be implemented in order to avoid a weakening of current European social standards? These are the main questions this book attempts to answer, on the basis of a comprehensive assessment of the social policy areas most relevant to EU enlargement - wages, working conditions, social protection, employment, industrial relations - while also addressing its most sensitive 'social dumping' aspects: capital relocation, labour migration, and redirection of trade.EU enlargement is higher than ever on the policy agenda and scholars and researchers of European Studies and social policy will find this book an invaluable reference.Trade Review'. . . this book represents an important contribution to the debates about EU social policy and its effects upon the member states. . . the arguments contained here are important and deserve to be read by all with an interest in the future of social policy in Europe.' -- Rob Sykes, Journal of Social Policy'Having read this text, the social, economic and political policymakers of the EU and its Member States, along with a wider academic and non-academic audience, should be in a better position to understand the social dimension of the European integration process and be better able to defend and promote the development of an effective European Social Model.' -- Stuart Philip, European Foreign Affairs Review'Daniel Vaughan-Whitehead discusses the future of Social Europe with 25 and more countries, on the basis of a very detailed and well documented assessment of future member states. He rightly insists on the risks entailed by widening social and regional inequalities and the obsession with economic reforms, sometimes to the detriment of social and cohesion policies. However, he also points out that the countries of Central and Eastern Europe would benefit from a valorisation of solidarity, and that the European Union has everything it needs to boost the solidarity required to address the great imbalances that have emerged over the last decade. This book thus properly addresses the important question of solidarity in a greatly enlarged Europe and, more fundamentally, that of the future of its social model, something virtually unique to Europe. By opening up the issue of Social Europe, this crucial 'construction site', this book will contribute to the anticipation of eventual problems, and help us to overcome obstacles, both post-enlargement and in preparation for further accessions. The social dimension of the European construction is often little known and little understood in both current and future member states. However, it is the condition for making of the enlarged Europe not only a Europe of the economy and trade, but also a broad space combining competition, cooperation and solidarity, as well as an example of how to manage interdependencies and master globalisation.' -- From the foreword by Jacques Delors, President, Notre EuropeTable of ContentsContents: Preface Part I: Candidate Countries and the Community ‘Social Acquis’: An Impossible Match? 1. The European Social Model and EU Enlargement 2. Wages and Working Conditions: Well Below EU Standards 3. Social Protection: Overwhelmed by the Liberal Approach 4. Employment: Towards Unregulated Labour Markets? 5. Social Dialogue: Why Bother? 6. Workers’ Participation: Slipping Away from the Self-Management Tradition? Part II: Social Dumping: Myth or Reality? 7. The Social Gap: A Source of ‘Unfair’ Competition? 8. Capital Mobility: Massive Relocations 9. Labour Mobility: The European Taboo 10. Trade: The Misleading Debate 11. Conclusion: An Uncertain Future after EU Enlargement Bibliography Index

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Book SynopsisThis book makes significant advances in analysing the relationship between technology and society. It highlights both the policy implications of this relationship and new possibilities for intervention by government, policymakers, managers and the public.Shaping Technology, Guiding Policy examines and utilises a variety of recently emerging concepts which highlight the scope for local discretion and choice in the way that technologies are designed and used as well as the broader structures and systems that may serve to restrict choice. By applying these concepts to an analysis of case studies of various social and technical settings, the book explores their utility for understanding the ways in which contemporary technologies are developed and applied and how they are made to influence society.Academics and researchers from a wide variety of perspectives will find this new book fascinating reading, including scholars from science and technology studies, technology policy and the management of technology. Technology policymakers and practitioners would also find the book of interest.Trade Review'This volume represents the latest thinking of the eminent group of scholars dedicated to our understanding of the "social shaping of technology". They have joined economic historians, evolutionary economists, and those doing studies of innovation, in enriching our understanding of the important yet subtle interactions between technology and society.' -- The late Keith Pavitt, formerly of SPRU - Science and Technology Policy Research, University of Sussex, UKTable of ContentsContents: Preface Part I: Overview of Developments in the Field and Their Implications for Policy Part II: New Tools for Analysing and Intervening Index

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Book SynopsisThis book argues that the Internet revolution should exert a far more significant influence on economic thinking and on the perception of law. The authors acknowledge that the economic analysis of law provides a potentially powerful framework for evaluating regulatory approaches to the Internet. However, they question the capacity of traditional law and economics models to define the scope of legal intervention, both in cyberspace and in other more traditional markets which have also been influenced by the recent technological revolution.The book examines the conventional application of law and economics, and contends that the new reality of cyberspace transforms the basic theoretical tenets of this approach and requires fresh conceptual thinking. It challenges fundamental concepts such as the notion of work as linked to the workplace, the notion of community as linked to geographical space, the sources of law and their traditional connection with the state, the belief that proxies and representatives are indispensable for collective action and public decision-making processes, and the role of technology and its relationship with the law. It covers the analysis of both economic and non-economic markets, and includes a thorough examination of legislation, case law and the academic literature relating to cyberspace. The authors conclude that there is pressing need for re-evaluating the analytical tools used to study the information environment, and propose an innovative approach for the role of technology within the law and economics framework.This book represents a groundbreaking attempt to critically analyze the suitability of traditional law and economics for the new digital environment. Scholars and students working in the field of law and economics, and lawyers interested in technology, intellectual property, cyberlaw and governance will find this a stimulating and thought-provoking volume.Trade Review'[This book] provides an excellent overview for anyone interested in this topic. Complex concepts are defined with great precision, and discussed with enlightening clarity. The arguments are well-built. The style is inviting.' -- Boris Rotenberg, World Trade Review'This book is not only the best kind of law and economics, but it is the best kind of cyberspace law and economics. By framing the economic analysis around market failures, the authors demonstrate both the power and limits of economic analysis. And by applying this method to questions about the regulation of cyberspace, they provide the most illuminating analysis of this new space of social behavior. Beautifully and directly written, this book is a must for any student of law and economics, and for any student of the 21st century.' -- Lawrence Lessig, Stanford Law School, USTable of ContentsContents: Preface Part I: Setting the Grounds 1. Introduction 2. Cyberspace in Context Part II: Cyberspace as a Market and its Failures 3. Introduction to Part Two 4. Monopolies 5. Public Goods 6. Imperfect Information 7. Externalities 8. Transaction Costs and the Law in Cyberspace Part III: Cyberspace and the Economic Theory of the State 8. Preliminary Thoughts About Neo-Institutional Law and Economics and Cyberspace 9. The Effects of Cyberspace of the Economic Theory of the State References Index

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Book SynopsisBecause it is technically flawed and morally bankrupt, the author argues, the economist's consequence-based, procedurally detached theory of the state has contributed to the growth of government. As part of the Kantian-Rawlsian contractarian project, this book seeks to return economics to its foundations in moral philosophy. Given the moral equivalence of persons, the greatest possible equal participation must be promoted, persons must be impartially treated and, because it is grounded in consequentialist social welfare theory (SWT), the economist's theory of the state must be rejected. Ad hoc deployment of SWT has facilitated discriminatory rent seeking and contributed to larger government. In contrast, this book argues that equal political participation and a constitutional impartiality constraint minimize rent seeking, respect individual perceptions of the 'public good' and underwrite the legitimacy of government. Economists, moral philosophers and political scientists will find this book a unique contribution to the literature.Trade Review'. . . Roth's book is useful and valuable. Using modern secular thought as his starting point, he reaches roughly the same conclusions that one would reach reasoning from the older Christian tradition. There is certainly much to like about that effort.' -- Paul A. Cleveland, Markets & Morality'This book is one of the best discussions of welfare economics since Murray Rothbard's classic paper of 1956 "Toward a Reconstruction of Utility and Welfare Economics".' -- David Gordon, The Mises Review'Timothy Roth shows that social welfare theory, as currently defended by welfare economists and policymakers, is based on a confused and untenable moral theory, is incompatible with a rights-based legal order and is bound to promote unjust and arbitrary redistributions. By advocating a return to the Kantian conception of the moral agent, Roth shows the way to a normative economics that harmonizes with both intuitive morality and the American legal and constitutional tradition.' -- Roger Scruton, Writer and Philosopher, formerly University Professor and Professor of Philosophy at Boston University, US'The moral imperative of individual autonomy, embodied in the Kantian-Rawlsian perspective on social order, cannot be reconciled with the utilitarian presuppositions that inform normative applications of modern economics. This book exposes the contradictions that are present when the basic philosophical foundations are ignored, a stance that is, unfortunately, characteristic of much modern discourse as well as political practice.' -- James M. Buchanan, George Mason University, US and a Nobel LaureateTable of ContentsContents: Preface 1. A Prior Ethical Commitment 2. Ends vs. Means: Consequentialism vs. Contractarianism 3. The Consequentialist Approach to Government 4. Enter the Economists 5. The Efficiency Standard, Corruption and the Growth of Government 6. The Indeterminacy of Social Welfare Theory 7. The Contractarian Approach to Government 8. The Rules of the Political Game 9. Playing by the Generality Rule 10. Generality and Minimalist Government References Index

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Book SynopsisUtilising a wide array of data and rich empirical evidence drawn from a large sample of industrial districts (IDs), Ivana Paniccia presents a realistic, state-of-the-art analysis of their socio-economic structure and performance. This extensive yet detailed study adopts a wide perspective, integrating historical evidence and different streams of literature - from industrial to regional economics - into testable hypotheses.The multidisciplinary, quantitative approach adopted by the author, enables her to 'de-structure' the 'canonical' idea of the ID and evaluate the normative value. Supported by multivariate and econometric analyses, she identifies four general types of ID each with different development paths, performances, inter-organizational relations, and regulatory rules and institutions. The results demonstrate that IDs on average achieve better static or dynamic economic performance than non-ID areas. The analysis also highlights critical points of rupture in the socio-economic equilibrium of IDs which may impair their future competitiveness and social sustainability. The author offers a critical appraisal of the organizational literature on IDs, claiming for caution in their depiction as 'cooperative systems' and goes on to present the first steps towards a 'microfoundation' of a theory on IDs.Providing the methodology to monitor the performance and evolution of IDs, together with precise policy suggestions, this book will appeal to a broad range of scholars and researchers in a variety of disciplines including regional, industrial and institutional economics, organizational studies and industrial sociology.Trade Review'. . . this structural analysis of industrial districts in Italy provides a creative and thoughtful contribution to the understanding of the nature of industrial transformation and innovation processes at sub-national levels. It will be of considerable interest to policymakers, scholars and many others concerned with regional development, innovation and organisational studies.' -- Tim Turpin, Australian Journal of Regional Studies'This splendid addition to the literature on the Italian industrial districts deserves reading by all those that are interested in the local geography of production and innovation. Ivana Paniccia provides a fascinating critique of the "canonical" industrial district concept which leads her to an empirically based typology of industrial districts, whose evolution and performance follow distinct paths.' -- John Cantwell, Rutgers University, USTable of ContentsContents: Introduction and Outline Part I: Theoretical Foundations/Perspectives 1. A Critical Review of the Literature on Industrial Districts: In Search of a Theory 2. Operationalizing Industrial Districts Part II: Empirical Results 3. Organizational Variety and Performance of Industrial Districts 4. The Growth and Decline of Industrial Districts 5. A ‘Differentiated’ Policy for Industrial Districts 6. Conclusions and Research Implications Appendix References Index

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Book SynopsisThe purpose of this book is to analyse one of the most pressing social problems of recent years, namely exclusion. The authors bring a richness of perspective, drawing on the experiences of eight European countries and a range of disciplines from law and economics through to social policy and political studies. The EU is a special case worthy of study as it may be that the process of integration actually generates both problems and solutions to social exclusion.The authors focus on what can be achieved by European countries working together and pooling experiences. They show that not only is social exclusion ill-defined but that there are many differing concepts of social exclusion across Europe reflected in health, education, housing and employment. The book reveals the need for a strong dynamic element in policy, producing early and focused action for individuals and groups in society. While rejecting the need for transfers of income between countries, Social Exclusion and European Policy discusses whether there is something extra to be done at the EU level that cannot currently be carried out by member states or through existing co-operation.With its multi-disciplinary approach and emphasis on policy solution, this will be invaluable reading for policymakers within EU institutions, NGOs and scholars and researchers of European studies and social policy protection.Table of ContentsContents: Preface Introduction Part I: The Issue at Stake Part II: European Approaches to Social Exclusion Part III: Solutions References Index

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Book SynopsisEconomics is the study of a complex system in which simple laws are not always forthcoming. That complexity mandates three branches of the profession: positive, normative and the art of economics. The economics profession has focused on one of these - positive economics, and in doing so has lost the art of economics. In a series of provocative essays the author argues that most of what economists do is applied policy, which belongs in the art of economics, not in normative or positive economics. The essays explore the forces in academic institutions that have led economics to its current position, as well as the implications of the lost art for the economics profession and its future. In the end, the author is positive about the future of the profession, and predicts that in 2050 it will no longer be as Solow suggested it currently is - 'the overeducated in pursuit of the unknowable'. Instead it will be the 'appropriately educated in search of the knowable'.The essays are written in a highly accessible style, and can be enjoyed by most non-economists, as well as by those economists who don't take themselves too seriously. It can be usefully read by all economists, even those who do take themselves too seriously.Trade Review'Few students of economics have managed to avoid the question of whether their chosen field qualifies as a true science. In this thought-provoking collection of essays, David Colander addresses this question with well-written, and often entertaining prose.' -- Mary Kokoski, Monthly Labor Review'Colander is to be congratulated for persuading us to see things differently, and for linking together the sociology of our profession with a frank appraisal of the artifacts our discipline has produced. This book is a stimulating read. . .' -- Laurence S. Moss, Eastern Economic Journal'This book is a must read for serious students of economic thought.' -- Lall B. Ramrattan, EH.Net'David Colander is one of those rare economists who, while wholly familiar with the techniques employed by economists, finds them wanting in realism and imagination. At the same time, he does not rest content with dismissal, but suggests constructive alternatives. His kind of methodological concern with meta-economic problems is, I believe, necessary and healthy, particularly if done in the attractive style that is so characteristic of him. Colander's work displays not only a high level of technical skill but also imagination and creativeness, the contribution of the artist. His knowledge of history and economic thought further enriches his work. The book is a gem.' -- Paul Streeten, Boston University, US, Balliol College, Oxford and University of Sussex, UKTable of ContentsContents: Preface Introduction Part I: How the Art of Economics was Lost 1. The Lost Art of Economics 2. Is Milton Friedman an Artist or a Scientist? Part II: Methodology of the Art of Economics 3. The Art of Economics by the Numbers 4. The Art of Monetary Policy Part III: Textbooks and the Art of Economics 5. Telling Better Stories in Introductory Macro 6. Teaching Keynes in the 21st Century Part IV: Doing Art in the Current Institutional Setting 7. Confessions of an Economic Gadfly 8. Surviving as a Slightly Out of Sync Economist Part V: Implications of the Lost Art of Economics for the Profession 9. Vision, Judgement, and Disagreement among Economics 10. The Sound of Silence: The Profession’s Response to the COGEE Report Part VI: The Future of the Economic Profession 11. The Death of NeoClassical Economics 12. New Millennium Economics in 2050: How Did It Get This Way, and What Way is It? Bibliography Index

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Book SynopsisThe relationship between the shape of transportation networks and the optimal locations and allocations of human activities is examined in this unique volume.Simulations are performed on different toy-networks: several transportation networks are designed and their effects on location-allocation results are tested on different markets. Several optimal location models are used. The author then attempts to discover how the modelling results are affected by negative externalities or zone pricing policies. Finally, these results are applied to real-world situations, illustrating and confirming the results of the simulations performed on toy-networks.This volume will be considered as an interesting and original approach for location-modellers as well as planners. Transportation Networks and the Optimal Location of Human Activities will also appeal to geographers, spatial economists, location-allocation practitioners and transportation researchers.Trade Review'The book is clearly written and contains an extensive literature review that promises to be a useful guide to readers who intend to apply network structures in their own research. . . The research in this book is original. It hopes to initiate a critical discussion and therefore leaves a lot of questions open.' -- Hans Kremers, The Economic Journal'The book's special contribution is that it highlights the impact of transport infrastructure on the optimal location patterns . . . well written. It provides new ideas for insiders and at the same time is also accessible for outsiders . . . Isabelle Thomas has written a nice book with a clear focus.' -- Piet Rietveld, Journal of Regional Science'Economists have rediscovered space through the surge of the so-called "New Economic Geography". However, they often forget the tremendous amount of work developed in economic geography per se. In this book, Isabelle Thomas provides a clear, rigorous and unified treatment of one of the main approaches taken by geographers to study the location of human activities, namely Numerical Geography. Economists, regional scientists and transportation planners have much to learn from this book while geographers should be pleased to see how one of them masters so well such a difficult topic.' -- Jacques Thisse, CORE, BelgiumTable of ContentsContents: 1. Introduction Part I: Measuring the Shape of the Transportation Network 2. ‘Measuring’ the Shape of the Transportation Network: State of the Art Part II: Location-Allocation Results and the Shape of the Transportation Network 3. Optimal Locations and Transportation Networks: The Case of Autarky 4. Optimal Locations and Transportation Networks: The Case of a Common Market 5. Optimal Locations of Human Activities and the Permeability of the Border in a Common Market Part III: Location-Allocation Modelling and the Measure of Distance 6. Distance-Predicting Functions and Location-Allocation Results 7. Price Policies, Transportation Networks and Location-Allocation Results 8. Negative Externalities and Location-Allocation Results Part IV: Land-Use Planning and the Shape of the Transportation Network: Two Real-World Examples 9. Optimal Locations of Health Centres in Niger: Rainy Season versus Dry Season Accessibility 10. Optimal Location of Recycling in Belgium: Externalities versus Transportation Costs 11. Conclusion References Index

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Book SynopsisThis important book, a successor volume to European Industries, brings together a number of in-depth and authoritative studies of key European industries, providing fascinating insights into their nature and characteristics.Each case study examines the recent development, structure, behaviour and performance of the industry in question, and explores competition and other policy issues. The featured industries were selected to illustrate the wide range of cost, demand and policy environments within which European business operates. The thirteen studies encompass: agriculture, energy, food processing, brewing, pharmaceuticals, biotechnology, metals, motor vehicles, air transport, financial services, business services, defence industries and tourism. Together they account for over 40 percent of employment outside the public sector. Industries in Europe is ideal reading for those seeking a comprehensive introduction to a particular industry and guidance on further study. The book will also prove important reading for students of industrial organisation and related subjects, particularly as a source for case study material.Trade Review'The book is marvellous for me, providing a wealth of data on industries and references thereto of which I was previously unaware.' -- F.M. Scherer, Harvard University and Princeton University, US'This book provides an up-to-date account of a selection of industries at the European level. The editor is to be congratulated on bringing these studies together. They will provide a useful first stop for researchers interested in the structure and performance of European industry.' -- Roger Clarke, Cardiff University, UKTable of ContentsContents: Preface 1. Industry in the EU: Trends and Policy Issues 2. Agriculture 3. Energy 4. Food Processing 5. Brewing 6. Pharmaceuticals 7. Biotechnology 8. Metals 9. Motor Vehicles 10. Air Transport 11. Financial Services 12. Business Services 13. Defence Industries 14. Tourism Index

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Book SynopsisTaxation and Economic Behaviour offers a number of broad introductory surveys in the areas of public economics and public finance. Divided clearly into two parts - measurement issues and taxation and economic behaviour - this innovative collection of articles consists of published refereed papers and several new and previously unpublished pieces.Initially, the book focuses on measurement issues, and includes chapters on income inequality, poverty, tax progressivity, income dynamics and welfare changes. It then goes on to explore the wider theme of taxation and economic behaviour, including material on taxation and labour supply, behavioural micro simulation modelling, and general equilibrium. Throughout the book, John Creedy makes use of numerical examples which help to illustrate the structure and use of the various models.Providing introductory material and syntheses of a wide range of topics, Taxation and Economic Behaviour will be welcomed by students, lecturers and researchers with an interest in public finance and public sector economics.Table of ContentsContents: Preface Part I: Measurement Issues 1. Measuring Income Inequality 2. Measuring Poverty: An Introduction 3. Taxation, Redistribution and Progressivity: An Introduction 4. Statics and Dynamics of Income Distribution: An Introductory Survey 5. Lifetime Earnings and Inequality 6. Measuring Welfare Changes and the Excess Burden of Taxation 7. Exact Welfare Measurement using Marshallian Demand Functions Part II: Taxation and Economic Behaviour 8. Tax Modelling 9. Behavioural Microsimulation with Labour Supply Responses 10. Taxes and Transfers with Endogenous Earnings: Some Basic Analytics 11. Labour Supply and Welfare with Piecewise Linear Budget Constraints: An Introduction 12. Taxation in General Equilibrium: An Introduction 13. The Built-in Flexibility of Income and Consumption Taxes: A Survey Index

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Book SynopsisThe International Library of Leadership brings together in one place the most significant writings on leadership, the process by which groups, organizations, and societies seek to satisfy their needs and achieve their objectives. Volume 1 focuses on classic discussions of perennial leadership issues including the moral purpose of leadership, the nature of legitimate authority, and the role of followers. Volume 2 turns to investigations of leadership in the modern era and makes available the seminal social scientific works that inaugurated the modern theories of leadership. Volume 3 builds upon the analyses of power, culture, and gender in the first two volumes to address current ethical, democratic, and international challenges of leadership. This three-volume collection is designed to offer a sophisticated and substantive understanding of what is perhaps the most important social phenomenon of our age.Trade Review'. . . absolute classics. . . they comprise one of the finest compendiums of works on the subject. The collection superbly addresses an eclectic analysis of leadership while illustrating the evolution of its study. . . The university and teaching fraternity will use the material widely, and major organisations in the HR and learning and development fields, leadership analysts and serious students would all benefit from having it on the shelves. As well as being a reference, The International Library of Leadership will have a strong applied focus.' -- Geoff De Lacy, HR Monthly'The editors should be commended for undertaking this initiative. They have certainly succeeded in accomplishing one of their objectives which was to "provide easy access to the best thinking of the great minds of past and present" . . . I applaud the inclusion of substantial portions of each writer's argument so that the reader can gain a firsthand appreciation of the author's position. . . this collection is obviously ideally placed to become a valuable desk reference book.' -- Brad Jackson, Journal of Management Studies'This collection is an invaluable reference for anyone interested in the study of leadership. With readings that span from ancient times to the present, we see how questions about the power, morality, and the leader-follower relationship are an ongoing part of the human condition.' -- Joanne B. Ciulla, University of Richmond, USTable of ContentsContents: Volume I: Traditional Classics on Leadership Acknowledgements Preface J. Thomas Wren, Douglas A. Hicks and Terry L. Price Introduction J. Thomas Wren, Douglas A. Hicks and Terry L. Price PART I THE MORAL PURPOSE OF LEADERSHIP 1. Plato, The Republic (336B-347E) 2. Aristotle, Politics (1280a-1284b) 3. Jean-Jacques Rousseau, The Social Contract (Book I) 4. Immanuel Kant, ‘An Answer to the Question: “What is Enlightenment?”’ 5. James Madison, The Federalist (Number X) 6. Friedrich Nietzsche, The Genealogy of Morals (Second Essay, Sections 17-25) PART II IDEAL LEADERSHIP 7. Plato, The Republic (471C-474B and 484A-502C) 8. Thomas Aquinas, On the Government of Rulers (Book I, Prologue and Chapters 1-4) 9. Niccolo Machiavelli, The Prince (Chapters XV-XIX) 10. Adam Smith, The Theory of Moral Sentiments (Part VI, Section II, Chapter II) 11. John Stuart Mill, Considerations on Representative Government (from Chapter III) 12. Christine De Pizan, The Book of Three Virtues (Chapters 8-10) 13. Virginia Woolf, A Room of One’s Own (Chapter 6) 14. Sigmund Freud, Moses and Monotheism (Section II, I-IV) PART III THE NATURE OF LEGITIMATE AUTHORITY 15. John Calvin, Institutes of the Christian Religion (Book IV, Chapter XX, Sections I-XIII and XXII-XXXII) 16. King James I of England, ‘The Trew Law of Free Monarchies’ 17. The Levellers, from ‘An Agreement of the People’ 18. Thomas Hobbes, Leviathan (Chapters XIII, XIV and XVII) 19. John Locke, Two Treatises on Civil Government (Book II, Chapters VIII-XI) 20. David Hume, Essays: Moral, Political, and Literary (Essay XII) PART IV THE STATUS OF FOLLOWERS 21. Niccolo Machiavelli, Discourses on Livy (Book I, Chapter LVIII) 22. W.F. Hegel, from The Phenomenology of Mind 23. Mary Wollstonecraft, A Vindication of the Rights of Woman (from Chapter IV) 24. Elizabeth Cady Stanton, ‘Address to the American Equal Rights Association’ 25. Ralph Waldo Emerson, ‘Man the Reformer’ 26. John Dewey, Democracy and Education (Chapter VII) PART V CHALLENGES TO AUTHORITY 27. Philippe Duplessis-Mornay, from A Defence of Liberty against Tyrants 28. Karl Marx and Frederick Engels, from The Manifesto of the Communist Party 29. David Walker, David Walker’s Appeal (Article III) 30. Henry David Thoreau, ‘Civil Disobedience’ 31. W.E. Burghardt Du Bois, The Souls of Black Folk (Chapter VI) Name Index Volume II: Modern Classics on Leadership Acknowledgements Preface J. Thomas Wren, Douglas A. Hicks and Terry L. Price Introduction J. Thomas Wren, Douglas A. Hicks and Terry L. Price PART I THE NATURE OF LEADERSHIP 1. Bernard M. Bass (1990) ‘Concepts of Leadership’ PART II EARLY APPROACHES 2. Frederick Winslow Taylor (1919), ‘Fundamentals of Scientific Management’ PART III TRAIT THEORY 3. Ralph M. Stogdill (1948), ‘Personal Factors Associated with Leadership: A Survey of the Literature’ PART IV BEHAVIORAL THEORY 4. Kurt Lewin, Ronald Lippitt and Ralph K. White (1939), ‘Patterns of Aggressive Behavior in Experimentally Created “Social Climates”’ 5. Andrew W. Halpin and B. James Winer (1957), ‘A Factorial Study of the Leader Behavior Descriptions’ 6. David G. Bowers and Stanley E. Seashore (1966), ‘Predicting Organizational Effectiveness with a Four-Factor Theory of Leadership’ 7. Robert R. Blake and Jane Srygley Mouton (1964/1971), ‘The Managerial Dilemma’ PART V CONTINGENCY THEORIES 8. Fred E. Fiedler (1972), ‘How Do You Make Leaders More Effective? New Answers to an Old Puzzle’ 9. Robert J. House and Terence R. Mitchell (1974), ‘Path-Goal Theory of Leadership’ 10. Victor H. Vroom (1973), ‘A New Look at Managerial Decision Making’ PART VI TRANSACTIONAL APPROACHES 11. Edwin P. Hollander (1974), ‘Processes of Leadership Emergence’ 12. George Graen and James F. Cashman (1975), ‘A Role-Making Model of Leadership in Formal Organizations: A Developmental Approach’ PART VII TRANSFORMATIONAL LEADERSHIP 13. Bernard M. Bass (1985), ‘Leadership: Good, Better, Best’ PART VIII CHARISMATIC LEADERSHIP 14. Max Weber (1947/1964), ‘Charismatic Authority’ 15. Robert J. House (1977), ‘A 1976 Theory of Charismatic Leadership’ PART IX POWER APPROACHES 16. John R.P. French, Jr. and Bertram Raven (1959), ‘The Bases of Social Power’ 17. Gary Yukl and Cecilia M. Falbe (1990), ‘Influence Tactics and Objectives in Upward, Downward, and Lateral Influence Attempts’ PART X COGNITIVE APPROACHES 18. Linda Smircich and Gareth Morgan (1982), ‘Leadership: The Management of Meaning’ 19. Bobby J. Calder (1977), ‘An Attribution Theory of Leadership’ PART XI ROLE OF FOLLOWERS 20. William Haythorn, Arthur Couch, Don Haefner, Peter Langham and Launor Carter (1956), ‘The Effects of Varying Combinations of Authoritarian and Equalitarian Leaders and Followers’ 21. Charles N. Greene (1975), ‘The Reciprocal Nature of Influence Between Leader and Subordinate’ PART XII LEADER SUBSTITUTES 22. Steven Kerr and John M. Jermier (1978), ‘Substitutes for Leadership: Their Meaning and Measurement’ PART XIII ORGANIZATIONAL CULTURE 23. Edgar H. Schein (1983), ‘The Role of the Founder in Creating Organizational Culture’ PART XIV GENDER AND LEADERSHIP 24. Alice H. Eagly and Blair T. Johnson (1990), ‘Gender and Leadership Style: A Meta-Analysis’ Name Index Volume III: New Perspectives on Leadership Acknowledgements Preface J. Thomas Wren, Douglas A. Hicks and Terry L. Price Introduction J. Thomas Wren, Douglas A. Hicks and Terry L. Price PART I CONCEPTUALIZING LEADERSHIP 1. James MacGregor Burns (1978), ‘Toward a General Theory’ 2. Joseph C. Rost (1991), ‘The Nature of Leadership’ 3. Howard Gardner with Emma Laskin (1995), ‘Lessons from the Past, Implications for the Future’ 4. Robert K. Greenleaf (1970/1991), excerpt from The Servant as Leader 5. Peter M. Senge (1990), ‘Give Me a Lever Long Enough. . . and Single-Handed I Can Move the World’ PART II POWER, AUTHORITY, AND LEADERSHIP 6. Hannah Arendt (1951), ‘The Totalitarian Movement’ 7. Bertrand Russell (1962), ‘Leaders and Followers’ 8. Michel Foucault (1975/1979), excerpt from ‘Panopticism’ 9. Jane Mansbridge (1996), ‘Using Power/Fighting Power: The Polity’ PART III ETHICS, VALUES, AND LEADERSHIP 10. Isaiah Berlin (1959/1990), ‘The Pursuit of the Ideal’ 11. James MacGregor Burns (1978), ‘The Structure of Moral Leadership’ 12. Michael Walzer (1973), ‘Political Action: The Problem of Dirty Hands’ 13. Thomas E. Hill, Jr. (1991), ‘Servility and Self-Respect’ 14. Norman Bowie (2000), ‘A Kantian Theory of Leadership’ 15. Joanne B. Ciulla (1998), ‘Leadership Ethics: Mapping the Territory’ PART IV LEADERSHIP AND SOCIAL CHANGE 16. Martin Luther King, Jr. (1986), ‘Letter from Birmingham City Jail’ 17. Clayborne Carson (1987), ‘Martin Luther King, Jr.: Charismatic Leadership in a Mass Struggle’ 18. Paulo Freire (1970/2000), Chapter 1 from Pedagogy of the Oppressed 19. Richard A. Couto (1993), ‘Narrative, Free Space, and Political Leadership in Social Movements’ PART V INCLUSION AND DEMOCRATIC LEADERSHIP 20. Benjamin R. Barber (1984), ‘Strong Democracy: Politics as a Way of Living’ 21. Ronald A. Heifetz (1994), ‘On a Razor's Edge’ 22. Cornel West (1993), ‘The New Cultural Politics of Difference’ 23. Anne Phillips (1993), ‘Must Feminists Give up on Liberal Democracy?’ 24. Jean Lipman-Blumen (1992), ‘Connective Leadership: Female Leadership Styles in the 21st-Century Workplace’ PART VI INTERNATIONAL LEADERSHIP 25. Geert Hofstede (1980), ‘Motivation, Leadership, and Organization: Do American Theories Apply Abroad?’ 26. Nancy J. Adler (1996), ‘Global Women Political Leaders: An Invisible History, An Increasingly Important Future’ 27. Robert J. House, Paul J. Hanges, S. Antonio Ruiz-Quintanilla, Peter W. Dorfman, Mansour Javidan, Marcus W. Dickson, Vipin Gupta et al (1999), ‘Cultural Influences on Leadership and Organizations: Project GLOBE’ 28. Martha C. Nussbaum (2003), ‘Compassion and Terror’ Name Index

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Book SynopsisThis book cleverly integrates the research on welfare measurement and social accounting in imperfect market economies. In their previously acclaimed volume, Welfare Measurement, Sustainability and Green National Accounting, the authors focused on the external effects associated with environmental damage and analysed their role in the context of social accounting. This book adopts a much broader perspective by analysing a wide spectrum of resource allocation problems of real-world market economies.The authors' aim is to derive exact welfare measures in imperfect market economies and compare them with their counterparts in a first-best equilibrium. Using numerical analysis, they also attempt to make the leap from theory to practical application by measuring the empirical importance of market imperfections. Such analysis provides the tools for examining whether 'real life' approximations of the welfare contribution of external effects, such as information collected by using the willingness-to-pay method, actually capture true and accurate values. Finally, the authors address the theory of cost-benefit analysis, in terms of environmental and other public policies, in dynamic general equilibrium models.This book is an impressive investigation of the theory of social accounting, with particular emphasis on valuation problems facing imperfectly competitive markets. It will make challenging but highly rewarding reading for academics and researchers interested in environmental economics, welfare measurement, social accounting and green accounting.Trade Review'Green accounting lies at the core of modern environmental economics. In this important book, Thomas Aronsson, Karl-Gustaf Lofgren and Kenneth Backlund make an important contribution by focussing on green accounting in economies which are not in a first-best equilibrium. The book includes analyses of non-Pigouvian and distortionary taxation, externalities arising from transboundary pollution, imperfect competition, distributional issues and uncertainty. The approach is suitably formal and the policy relevance of each topic is discussed extensively. I can warmly recommend the book to all those who are interested in the theory as well as the applications of green accounting.' -- Cees Withagen, Vrije Universiteit, Amsterdam and Tilburg University, The NetherlandsTable of ContentsContents: Preface 1. Introduction 2. Our Workhorse: The Brock Model 3. A Money-Metrics Version of Weitzman’s Welfare Theorem 4. An Almost Practical Step Towards Green Accounting? 5. Green Accounting and Distortionary Taxation 6. Green Accounting and Green Taxes in the Global Economy 7. Numerical Applications: Dynamic Global Economy Models 8. Three Emerging Issues in Social Accounting 9. Welfare Measurement under Uncertainty Appendices References Index

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Book SynopsisThis book is based on the premise that mainstream economics has become excessively specialized and formalized, entering a state of de facto withdrawal from the study of the economy in favour of exercises in applied mathematics. The editors believe that there is much scope for synergies by engaging in an encounter with economics and the other social sciences. The chapters in this book offer important new contributions to such a development. A select group of highly regarded contributors illustrate the potentially enlightening relationship between economics and a wide range of social science disciplines. In addition, some important concepts for economic analysis - for example the notion of routines, of social capital and of flexibility - are explored from the vantage point of several social sciences.Postgraduate students in most social science disciplines and in economic sociology will find much to interest them in this book, as will students of psychology and economics.Table of ContentsContents: 1. Economics and the Social Sciences: Synergies and Trade-offs Stavros Ioannides and Klaus Nielsen PART I: ECONOMICS AND OTHER SOCIAL SCIENCES: RELATIONSHIPS AND BOUNDARIES 2. What Can be Learnt from ‘Serious’ Biology and Psychology? Jack Vromen 3. Economics and Sociology in the Transition from Industrial to Post-Industrial Capitalism George Liagouras 4. The ‘Institutional Turn’ in the Social Sciences: A Review of Approaches and a Future Research Agenda Klaus Nielsen 5. The Problem of Historical Specificity Geoffrey M. Hodgson PART II: NEW LIGHT ON RATIONALITY, SOCIAL RELATIONS AND THE ENVIRONMENT 6. The Irrationality of Utility Maximization or the Death of a Salesman Irene van Staveren 7. Social Capital or Sociality? Methodological Contrasts between Economics and Other Social Sciences Desmond McNeill 8. Where Disciplinary Boundaries Blur: The Environmental Dimension of Institutional Economics Eyüp Özveren PART III: FLEXIBILITY, ROUTINES AND PRODUCTION IN ECONOMICS AND SOCIAL SCIENCES 9. Economic Flexibility: A Structural Analysis William A. Jackson 10. Routines: A Brief History of the Concept Markus C. Becker 11. Complementarity, Cognition and Capabilities: Towards an Evolutionary Theory of Production Guido Buenstorf Index

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Book SynopsisThis fine collection of original essays is in recognition of Colin Robinson, who has been at the forefront of thinking in energy economics for over 30 years. Energy in a Competitive Market brings together both prominent academics and practitioners to honour his outstanding and unique contribution. The authors cover a wide and fascinating selection of topics incorporating the whole spectrum of energy economics. In doing so, they examine the belief that markets are the key to the effective allocation of resources, a notion which arguably applies as much to energy as it does to any other commodity. In particular, they focus on several pertinent issues including: competition and regulation in gas and electricity comparative efficiency analysis (yardstick competition) in electricity regulation UK coal in competitive markets vertical integration in the oil industry cluster developments in the UK continental shelf modelling underlying energy demand trends emissions targets, environmental Kuznets curves and incentive mechanisms. Colin Robinson's work on the economics of energy has influenced the thinking of academics, researchers and policymakers alike. This book, in his honour, will undoubtedly do the same.Trade Review'. . . These essays are solidly researched and documented, carefully expounded theoretically and empirically, and offer the reader new insights into energy market issues and problems of both the past and the future. . . This collection of essays is an excellent festschrift in honor of the substantial energy contributions of Colin Robinson over many years. Because of the essays' primary focus on UK and European matters, they may have more appeal to readers in those locations. Yet the competitive and regulatory themes advanced to improve performance in utilities may resonate well with North American readers interested in efficiencies and effectiveness, particularly after the August 2003 blackout, which affected a wide swath of the US and Canada. The articles on field cluster development, energy demand, and emissions trends and abatement are clearly of interest to readers on energy topics, regardless of their geographic location, for these subjects will be with us for some time to come. The collection constitutes a valuable contribution and advancement to the state of our knowledge in all the subjects addressed.' -- Maureen S. Crandall, The Energy Journal'This is a stimulating, informative and remarkably varied collection of papers. It illustrates the great diversity of topics and analytic techniques that characterise the modern competitive energy sector. The papers are a testament to the distinguished and consistent contributions that Colin Robinson has made to the understanding of this market, and to the development of policy therein.' -- Stephen Littlechild, University of Cambridge, UKTable of ContentsContents: Introduction 1. Electricity and Gas Regulation in Great Britain: The End of an Era 2. Yardstick Competition and Comparative Performance Measures in Practice 3. Yardstick Competition and Efficiency Benchmarking in Electricity Distribution 4. The Swiss Electricity Industry and the Regulation of Distribution Prices 5. Efficiency and Performance in the Gas Industry 6. UK Coal in Competitive Energy Markets 7. Economists and the Oil Industry: Facts versus Analysis, the Case of Vertical Integration 8. The Economics of Field Cluster Developments in the UK Continental Shelf 9. Modelling Underlying Energy Demand Trends 10. Long-run Carbon Dioxide Emissions and Environmental Kuznets Curves: Different Pathways to Development? 11. UK Emissions Targets: Modelling Incentive Mechanisms Index

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Book SynopsisThis comprehensive two-volume collection draws together the key contributions - both theoretical and empirical - from economics and management literature on human and organisational knowledge, learning and routine behaviours. Volume I discusses conceptions of knowledge and the problems of organisational and technological learning. Volume II contains both theoretical and applied research on organisational routines.Trade Review'Almost imperceptibly the two expressions 'information society' and "knowledge economy" have passed into general use in the last few years. Social scientists have actually been working on the origins and evolution of this society for a long time and it is invaluable to have the key papers brought together in these two volumes on knowledge, learning and routines. The concept of a reference collection is in itself a useful contribution to the knowledge economy.' -- Chris Freeman, SPRU - Science and Technology Policy Research, University of Sussex, UK and Maastricht University, The NetherlandsTable of ContentsContents: Volume I: Knowledge and Learning Acknowledgements Introduction Nathalie Lazaric and Edward Lorenz PART I KNOWLEDGE A The Computational Tradition 1. Herbert A. Simon and Allen Newell (1964), ‘Information Processing in Computer and Man’ 2. John H. Holland, Keith J. Holyoak, Richard E. Nisbett and Paul R. Thagard (1989), ‘A Framework for Induction’ B Knowledge as Image 3. Kenneth E. Boulding (1956), ‘Introduction’ 4. Martin Fransman (1994), ‘Information, Knowledge, Vision and Theories of the Firm’ C The Debate over Tacit Knowledge 5. Michael Polanyi (1969), ‘The Logic of Tacit Inference, 1964’ 6. Donald MacKenzie and Graham Spinardi (1995), ‘Tacit Knowledge, Weapons Design, and the Uninvention of Nuclear Weapons’ 7. Robin Cowan, Paul A. David and Dominique Foray (2000), ‘The Explicit Economics of Knowledge Codification and Tacitness’ 8. Paul Nightingale (1998), ‘A Cognitive Model of Innovation’ D Knowledge in Context 9. Bart Nooteboom (2000), ‘Knowledge’ 10. Karl E. Weick (1995), ‘The Nature of Sensemaking’ 11. Edwin Hutchins (1995), ‘Cultural Cognition’ E Distributed Knowledge and the Economy 12. Fritz Machlup (1984), ‘New Knowledge, Dispersed Information and Central Planning’ 13. Alanson P. Minkler (1993), ‘The Problem with Dispersed Knowledge: Firms in Theory and Practice’ PART II LEARNING A Mathematical and Computational Models of Learning 14. Kathleen Carley (1992), ‘Organizational Learning and Personnel Turnover’ 15. L. Marengo (1992), ‘Coordination and Organizational Learning in the Firm’ 16. Massimo Egidi (1992), ‘Organizational Learning, Problem Solving and the Division of Labour’ B Learning, Practice and Communities 17. John Seely Brown and Paul Duguid (1998), ‘Organizing Knowledge’ 18. Etienne Wenger (1998), ‘Learning’ C Learning and Capabilities in Firms and the Economy 19. Bengt-Äke Lundvall and Björn Johnson (1994), ‘The Learning Economy’ 20. Brian J. Loasby (1999), ‘Capabilities’ 21. Daniel A. Levinthal and James G. March (1993), ‘The Myopia of Learning’ 22. Bo Hedberg (1981), ‘How Organizations Learn and Unlearn’ D Technological Learning 23. Nathan Rosenberg (1982), ‘Learning By Using’ 24. Wesley M. Cohen and Daniel A. Levinthal (1989), ‘Innovation and Learning: The Two Faces of R & D’ 25. Richard R. Nelson and Sidney G. Winter (1982), ‘2. A Markov Model of Factor Substitution’ 26. Gerald Silverberg and Bart Verspagen (1994), ‘Learning, Innovation and Economic Growth: A Long-run Model of Industrial Dynamics’ Name Index Volume II: Routines Acknowledgements An introduction by the editors to both volumes appears in Volume I A The Notion of Routine Defined and Debated 1. Richard R. Nelson and Sidney G. Winter (1982), ‘Organizational Capabilities and Behavior’ 2. Michael D. Cohen, Roger Burkhart, Giovanni Dosi, Massimo Egidi, Luigi Marengo, Massimo Warglien and Sidney Winter (1996), ‘Routines and Other Recurring Action Patterns of Organizations: Contemporary Research Issues’ 3. Tony Lawson (1997), ‘Society and Economy as Reproduced Inter-dependencies’ 4. Nathalie Lazaric (2000), ‘The Role of Routines, Rules and Habits in Collective Learning: Some Epistemological and Ontological Considerations’ 5. Bénédicte Reynaud (1996), ‘Types of Rules, Interpretation and Collective Dynamics: Reflections on the Introduction of a Salary Rule in a Maintenance Workshop’ B Routines in Their Cognitive Dimension 6. Michael D. Cohen and Paul Bacdayan (1994), ‘Organizational Routines Are Stored as Procedural Memory: Evidence from a Laboratory Study’ 7. Brian T. Pentland and Henry H. Rueter (1994), ‘Organizational Routines as Grammars of Action’ 8. Edward Lorenz (2001), ‘Models of Cognition, the Contextualisation of Knowledge and Organisational Theory’ C Routines in Their Strategic and Political Dimensions 9. Benjamin Coriat and Giovanni Dosi (1998), ‘Learning how to Govern and Learning how to Solve Problems: On the Co-Evolution of Competences, Conflicts and Organizational Routines’ 10. Steven Postrel and Richard P. Rumelt (1992), ‘Incentives, Routines, and Self-Command’ 11. Pierre-André Mangolte (2000), ‘Organisational Learning and the Organisational Link: The Problem of Conflict, Political Equilibrium and Truce’ 12. Sidney G. Winter (1995), ‘Four Rs of Profitability: Rents, Resources, Routines, and Replication’ D Routines Observed in the Field 13. Alessandro Narduzzo, Elena Rocco and Massimo Warglien (2000), ‘Talking about Routines in the Field: The Emergence of Organizational Capabilities in a New Cellular Phone Network Company’ 14. Martha S. Feldman (2000), ‘Organizational Routines as a Source of Continuous Change’ 15. Neil Costello (2000), ‘Learning and Routines in High-Tech SMEs: Analyzing Rich Case Study Material’ 16. Connie J.G. Gersick and J. Richard Hackman (1990), ‘Habitual Routines in Task-Performing Groups’ Name Index

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Book SynopsisThe Elgar Dictionary of Economic Quotations is a unique compendium of quotations on subjects of interest to economists and those who are generally intrigued by the social sciences. The coverage is not merely confined to economists, but includes quotes from essayists, jurists, philosophers, politicians, religious leaders, revolutionaries, scientists, and numerous other important figures who have contributed to our understanding of economic matters. Presented in a highly readable format, this impressive volume contains the thoughts and opinions of hundreds of individuals on issues relating to the economy, government, money, poverty, wealth, and a host of other important topics. Complemented by an extensive list of references and comprehensive subject index, this dictionary will be an invaluable source of reference for anyone who wants to know the answer to the question, 'Who said what about that?'.Trade Review'We owe the editor of this book a debt of gratitude for assembling, alphabetically by author, this entertaining collection of quotations. Moreover, it is complemented with 26 pages of references and a very useful 66-page subject index. . . This collection will save the researcher a lot of time looking for particular quotations and provide a guide to those original sources that contain more extended discussions of particular topics. Another pleasing feature is that the coverage is not just restricted to economists - scientists, politicians, philosophers, jurists and essayists are included. . . Readers of this Review will find amusement and profundity in the collected quotations assembled in this volume.' -- John Lodewijks, History of Economics Review'This is a handy book to have on one's shelf. It is at once useful, fun, interesting, and conversation-stimulating. . . It will be a "book that launched a thousand epigrams", the device used by those of us plodders who cannot think of something sufficiently witty or profound (or both) of our own with which to begin our articles and books.' -- Steven G. Medema, Journal of the History of Economic Thought'This dictionary offers expanded coverage not often seen in books of quotations. The quotation or phrase does not stand alone, rather the entries are presented within the original sentence or paragraph as appropriate to convey the full meaning of the quotation. This unique approach not only adds detail to the entries, but encourages the reader to consider the quote within a broader historical context. An extensive list of source references, useful for further research, follows the collection. The topic index includes detailed subdivisions for ease in locating particular quotes, although the reader may enjoy simply perusing the entries of favorite contributors.' -- Polly D. Boruff-Jones, American Reference Books Annual'McCann provides an interesting and useful source for quotations in economics. Unlike most quote books, entries are entire paragraphs instead of just simple phrases, giving greater context for each quotation. . . Because the book is arranged by author, it has a very detailed subject index. The bibliography of sources for the quotations makes it easy to locate more of the context for a particular quotation. Recommended. General and academic readers.' -- D.G. Ernsthausen, ChoiceTable of ContentsContents: Preface Notes on Appearance Acknowledgements Dictionary of Economic Quotations References Index

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Book SynopsisThis authoritative two-volume collection presents a comprehensive set of key articles that address the economics of leisure, arranged in a manner that facilitates the understanding of the subject. The editor's perceptive introduction highlights the contribution of each article, provides an assessment of the current state of the available literature and draws attention to those areas that are worthy of more research effort.Volume I comprises perspectives on leisure and work as typified by Weber's protestant ethic, Veblen's theory of the leisure class, psychological economics, neoclassical economics and Becker's theory of time allocation. Extensions and applications of the neoclassical theory of demand for leisure-time versus work and contributions on welfare attributes of leisure and the consequences of leisure for human well-being are also included. In Volume II the impact of taxation on work-leisure choices is discussed, together with the demand for particular leisure commodities. Varied, and sometimes controversial, perspectives on the relationship between economic development and trends in leisure-time are explored, and miscellaneous topics such as voluntary labour, applications of characteristics theory, leisure and international trade, and changing technologies and leisure are also covered.This book will be of immense interest to economists, sociologists, psychologists, and those involved in social and leisure studies.Trade Review'The desire for leisure affects time allocation decisions and labour market behaviour in complex ways. More generally, leisure is a key element in the well-being of individuals and societies. Clem Tisdell is an ideal economist to bring the literature in this fascinating area together and the resulting volume will become an essential resource for anyone working in this field.' -- David Throsby, Macquarie University, Australia'Clem Tisdell continues to surprise us! This two-volume collection is breath-taking in scope, from the grand theories of Thorstein Veblen and Gary Becker on work, leisure, and consumption, to some very specific contributions to empirical understanding of recreation choices and values. Major sections focus on the work-leisure choice, taxation and leisure, trends in available leisure time, and demand for specific leisure activities. Contributions by economists are methodologically eclectic, and there are some important contributions from other social sciences. In some cases, controversies are pursued through article, comment, and reply. Original publication dates range from 1899 (Veblen) to 2003. With this collection at hand, tunnel vision is impossible: the leisure researcher simply cannot get away with a narrow methodological approach disconnected from the broader history of ideas.' -- Alan Randall, University of Sydney, Australia'This book provides a comprehensive set of useful articles for reference purposes that address the economics of leisure and arranges these in a manner that assists the comprehension of the subject. The nature of the contribution of each article is highlighted in this overview which also helps to integrate the coverage of the collection. It provides an assessment of the current state of the available literature on the economics of leisure, identifies gaps in this literature and highlights areas that are worthy of more research effort.' -- From the introduction by Clem TisdellTable of ContentsContents: Volume I Acknowledgements Preface Introduction An Overview and Assessment of the Economics of Leisure Clem Tisdell PART I SOME BASIC PERSPECTIVES 1. R.H. Tawney (1930), ‘Foreword’ 2. Thorstein Veblen ([1899] 1934), ‘Conspicuous Leisure’ 3. Gordon E. O’Brien (1988), ‘Work and Leisure’ 4. Alfred W. Stonier and Douglas C. Hague ([1953] 1980), ‘The Supply Curve of Labour: (I) The Short Run’ 5. Gary S. Becker (1965), ‘A Theory of the Allocation of Time’ PART II DEMAND FOR LEISURE-TIME VERSUS WORK: EXTENSIONS AND APPLICATIONS OF NEOCLASSICAL ECONOMICS 6. Leon N. Moses (1962), ‘Income, Leisure, and Wage Pressure’ 7. T.J. Wales and A.D. Woodland (1977), ‘Estimation of the Allocation of Time for Work, Leisure, and Housework’ 8. Reuben Gronau (1977), ‘Leisure, Home Production, and Work – the Theory of the Allocation of Time Revisited’ 9. Sara Horrell (1994), ‘Household Time Allocation and Women’s Labour Force Participation’ 10. L.F. Dunn (1978), ‘An Empirical Indifference Function for Income and Leisure’ 11. B.K. Atrostic (1982), ‘The Demand for Leisure and Nonpecuniary Job Characteristics’ 12. F. Thomas Juster and Frank P. Stafford (1991), ‘The Allocation of Time: Empirical Findings, Behavioral Models, and Problems of Measurement’ 13. Daniel Hallberg (2003), ‘Synchronous Leisure, Jointness and Household Labor Supply’ 14. Harl E. Ryder, Frank P. Stafford and Paula E. Stephan (1976), ‘Labor, Leisure and Training over the Life Cycle’ 15. David H. Greenberg (1997), ‘The Leisure Bias in Cost–benefit Analyses of Employment and Training Programs’ 16. Masako N. Darrough (1977), ‘A Model of Consumption and Leisure in an Intertemporal Framework: A Systematic Treatment Using Japanese Data’ PART III WELFARE AND LEISURE 17. Staffan Burenstam Linder (1970), ‘The Increasing Scarcity of Time’ 18. Edmund S. Phelps (1973), ‘The Harried Leisure Class: A Demurrer’ 19. Jiri Zuzanek, Theo Beckers and Pascale Peters (1998), ‘The “Harried Leisure Class” Revisited: Dutch and Canadian Trends in the Use of Time From the 1970s to the 1990s’ 20. R.A. Musgrave (1974), ‘Maximin, Uncertainty, and the Leisure Trade-off’ 21. Warren S. Gramm (1987), ‘Labor, Work, and Leisure: Human Well-Being and the Optimal Allocation of Time’ 22. Jon D. Wisman (1998), ‘Christianity, John Paul II and the Future of Work’ 23. Mary F. Kokoski (1987), ‘Indices of Household Welfare and the Value of Leisure Time’ 24. B.M.S. van Praag, P. Frijters and A. Ferrer-i-Carbonell (2003), ‘The Anatomy of Subjective Well-being’ Name Index Volume II Acknowledgements A preface and introduction by the editor to both volumes appears in Volume I PART I PUBLIC ECONOMICS, TAXATION AND LEISURE 1. Thomas More and Thomas Stevens (2000), ‘Do User Fees Exclude Low-income People From Resource-based Recreation?’ 2. Gordon Winston (1965), ‘Taxes, Leisure and Public Goods’ 3. Robin Barlow and Gordon R. Sparks (1964), ‘A Note on Progression and Leisure’ 4. J.G. Head (1966), ‘A Note on Progression and Leisure: Comment’ 5. Robin Barlow and Gordon R. Sparks (1966), ‘A Note on Progression and Leisure: Reply’ 6. John Conlisk (1968), ‘Simple Dynamic Effects in Work-Leisure Choice: A Skeptical Comment on the Static Theory’ 7. Gideon Fishelson (1971), ‘Simple Dynamic Effects in Work-Leisure Choice: A Rejoinder to the Skeptical Comment on the Static Theory’ 8. M.G. Allingham (1972), ‘Progression and Leisure’ 9. Manuel A. Gómez (2003), ‘Effects of Flat-rate Taxes: To What Extent Does the Leisure Specification Matter?’ PART II DEMAND FOR PARTICULAR LEISURE ACTIVITIES 10. George A. Chressanthis (1994), ‘The Demand for Chess in the United States, 1946–1990’ 11. Marina Bianchi (1997), ‘Collecting as a Paradigm of Consumption’ 12. Lee G. Anderson (1983), ‘The Demand Curve for Recreational Fishing with an Application to Stock Enhancement Activities’ 13. Sarah Wheeler and Richard Damania (2001), ‘Valuing New Zealand Recreational Fishing and an Assessment of the Validity of the Contingent Valuation Estimates’ 14. John A. Curtis (2003), ‘Demand for Water-based Leisure Activity’ 15. Eugene M. Christiansen (1998), ‘Gambling and the American Economy’ 16. Cheryl K. Baldwin and Patricia A. Norris (1999), ‘Exploring the Dimensions of Serious Leisure: “Love Me – Love My Dog!”’ 17. Richard L. Celsi, Randall L. Rose and Thomas W. Leigh (1993), ‘An Exploration of High-Risk Leisure Consumption Through Skydiving’ PART III TRENDS IN AVAILABLE LEISURE TIME 18. Marshall Sahlins (1974), ‘The Original Affluent Society’ 19. Phyllis Deane (1979), ‘2. Standards of Living and Productivity’ 20. P. Mathias (1979), ‘Leisure and Wages in Theory and Practice’ 21. Gary Cross (1993), ‘Modern Dilemmas of Time and Money’ 22. Frank P. Stafford (1992), ‘The Overworked American. The Unexpected Decline of Leisure – A Review’ 23. Thomas J. Kniesner (1976), ‘The Full-Time Workweek in the United States, 1900–1970’ 24. Philip L. Rones, Randy E. Ilg and Jennifer M. Gardner (1997), ‘Trends in Hours of Work Since the Mid-1970s’ 25. Peter Dawkins and Michael Simpson (1994), ‘Work, Leisure and the Competitiveness of Australian Industry’ 26. Dora L. Costa (1998), ‘The Unequal Work Day: A Long-Term View’ PART IV MISCELLANEOUS CONTRIBUTIONS TO LEISURE ECONOMICS 27. Richard B. Freeman (1997), ‘Working for Nothing: The Supply of Volunteer Labor’ 28. Kelvin J. Lancaster (1966), ‘A New Approach to Consumer Theory’ 29. V.C. Walsh (1956), ‘Leisure and International Trade’ 30. David Darton and Gerard O’Neill (1988), ‘The Changing Role of the Household Economy in a World of Expanding Technology’ 31. Begoña Álvarez-Farizo, Nick Hanley and Ramón Barberán (2001), ‘The Value of Leisure Time: A Contingent Rating Approach’ Name Index

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Book SynopsisThis authoritative two-volume collection brings together the most important published papers on the economics of schooling and school quality, issues which are at the heart of current intellectual and policy debates. Volume I presents articles on labor markets, distribution, including the structure of wages and wage inequality and the effects of schooling on economic growth. Volume II includes papers on efficiency, competition and finance and policy.The mixture of classic papers and cutting edge research provides an invaluable reference source for both students, researchers and professionals.Trade Review'. . . the editor has done a commendable job of selecting some of the best available research on these core aspects of economics of education. . . The two volumes are rich in content, and hence, should be warmly welcomed. The set provides a good mix of theoretical, methodological and empirical aspects and policy issues. Not only students and researchers of economics of education, but also those interested in economics of growth, wages, labour markets etc., will also benefit from the collection.' -- Jandhyala B.G. Tilak, Journal of Educational Planning and Administration'Does education cause economic growth? Is education a kind of human capital formation? The human investment revolution in economic thought started in earnest over 40 years ago and then seemed to peter out in the 1970s and 80s. More recently, it has taken off again, perhaps with renewed vigour. This collection by a leading authority in the field will bring home to readers how much exciting work is now once again going on in the economics of education.' -- The late Mark Blaug, formerly of the University of London and University of Buckingham, UKTable of ContentsContents: Volume I: Labor Markets, Distribution and Growth Acknowledgements Understanding the Economics of Schools: An Introduction Eric A. Hanushek PART I LABOR MARKETS 1. Jacob Mincer (1970), ‘The Distribution of Labor Incomes: A Survey. With Special Reference to the Human Capital Approach’ 2. F. Welch (1970), ‘Education in Production’ 3. George Psacharopoulos (1994), ‘Returns to Investment in Education: A Global Update’ 4. Robert J. Willis and Sherwin Rosen (1979), ‘Education and Self-Selection’ 5. John H. Bishop (1989), ‘Is the Test Score Decline Responsible for the Productivity Growth Decline?’ 6. Richard J. Murnane, John B. Willett and Frank Levy (1995), ‘The Growing Importance of Cognitive Skills in Wage Determination’ PART II DISTRIBUTION 7. Kevin M. Murphy and Finis Welch (1992), ‘The Structure of Wages’ 8. James P. Smith and Finis R. Welch (1989), ‘Black Economic Progress After Myrdal’ 9. Chinhui Juhn, Kevin M. Murphy and Brooks Pierce (1993), ‘Wage Inequality and the Rise in Returns to Skill’ 10. Stephen V. Cameron and James J. Heckman (2001), ‘The Dynamics of Educational Attainment for Black, Hispanic, and White Males’ 11. Thomas J. Kane (1994), ‘College Entry by Blacks since 1970: The Role of College Costs, Family Background, and the Returns to Education’ PART III GROWTH 12. Richard R. Nelson and Edmund S. Phelps (1966), ‘Investment in Humans, Technological Diffusion, and Economic Growth’ 13. Robert J. Barro (1991), ‘Economic Growth in a Cross Section of Countries’ 14. Mark Bils and Peter J. Klenow (2000), ‘Does Schooling Cause Growth?’ 15. Eric A. Hanushek and Dennis D. Kimko (2000), ‘Schooling, Labor-Force Quality, and the Growth of Nations’ Name Index Volume II: Efficiency, Competition and Policy Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I EFFICIENCY 1. Eric A. Hanushek (1986), ‘The Economics of Schooling: Production and Efficiency in Public Schools’ 2. Alan B. Krueger (1999), ‘Experimental Estimates of Education Production Functions’ 3. Joshua D. Angrist and Victor Lavy (1999), ‘Using Maimonides’ Rule to Estimate the Effect of Class Size on Scholastic Achievement’ 4. Eric A. Hanushek (1999), ‘The Evidence on Class Size’ 5. Edward P. Lazear (2001), ‘Educational Production’ 6. Richard J. Murnane and Randall J. Olsen (1989), ‘The Effects of Salaries and Opportunity Costs on Duration in Teaching: Evidence from Michigan’ 7. Peter Dolton and Wilbert van der Klaauw (1995), ‘Leaving Teaching in the UK: A Duration Analysis’ 8. Eric A. Hanushek and Steven G. Rivkin (1997), ‘Understanding the Twentieth-Century Growth in U.S. School Spending’ PART II COMPETITION 9. Milton Friedman (With the Assistance of Rose D. Friedman) (1962), ‘The Role of Government in Education’ 10. Caroline M. Hoxby (2000), ‘Does Competition Among Public Schools Benefit Students and Taxpayers?’ 11. Derek Neal (1997), ‘The Effects of Catholic Secondary Schooling on Educational Achievement’ 12. Cecilia Elena Rouse (1998), ‘Private School Vouchers and Student Achievement: An Evaluation of the Milwaukee Parental Choice Program’ PART III FINANCE AND POLICY 13. Martin S. Feldstein (1975), ‘Wealth Neutrality and Local Choice in Public Education’ 14. Sheila E. Murray, William N. Evans and Robert M. Schwab (1998), ‘Education-Finance Reform and the Distribution of Education Resources’ 15. Caroline M. Hoxby (2001), ‘All School Finance Equalizations Are Not Created Equal’ 16. Dennis Epple and Richard E. Romano (1998), ‘Competition Between Private and Public Schools, Vouchers, and Peer-Group Effects’ 17. Raquel Fernández and Richard Rogerson (1998), ‘Public Education and Income Distribution: A Dynamic Quantitative Evaluation of Education-Finance Reform’ 18. Thomas J. Nechyba (2000), ‘Mobility, Targeting, and Private-School Vouchers’ Name Index

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Book SynopsisThis provocative book challenges traditional tenets about behavioral regulation in society as well as in business. Verner Petersen asserts that attempts to solve ethical problems by creating explicit guidelines, codes and rules discourage individual reflection and responsibility. Likewise, attempts to put important aspects of human life into tabular form, by devising schemes for counting everything that matters, have serious flaws, leading to further erosion of individual responsibility and insight. This book stresses the importance of tacit knowledge, ineffable values and a shared social grammar, as the foundation for individual responsibility and ethical awareness. It shows how the moral fabric of societies may be inculcated, changed and kept alive through individual decisions and actions. Based upon these ideas he argues that the open-endedness of self-regulation is the only viable alternative to modern bureaucratic attempts to regulate and control behavior. Instead of explicit regulation from the outside, putting a leash on a straining economic logic, it argues that this logic can be contained by the self-regulation of business and the responsible entrepreneurship of individual decision-makers. To make this possible Petersen presents a new view of leadership. He shows how spirited leadership can give direction, sense and latitude to employees, and asserts the importance of tacit knowledge and ineffable values for achieving coherence and unity of purpose.Scholars and students interested in management, leadership and ethics will find this well-argued volume intriguing and convincing as will business practitioners, HR professionals and those concerned with public regulation.Trade Review‘Beyond Rules in Society and Business is a wide-ranging, sensible, accessible book. Petersen uses interesting European examples, such as the old tale of Michael Kohlhaas's doomed quest for justice. Because business discourse and practices have been insinuated into virtually all aspects of modern life, the book is highly relevant to media that should be exposing the sort of shortcomings that Peterson describes.' -- Muriel R. Friedman, Journal of Mass Media EthicsTable of ContentsContents: Foreword Prologomena: Strings of Thought Part I: Acute Problems 1. The Erosion of Responsibility 2. Ambiguous Spirals of Decay 3. Deceptive Measures Part II: Tacit Foundations 4. Tacit Knowledge and Understanding 5. Arguments for a Social Grammar 6. Weaving the Moral Fabric Part III: Expressive Actions 7. Containing the Logic 8. Self-Organising Solutions 9. Spirited and Value-Based Leadership References Index

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Book SynopsisThe expert contributors to this book examine recent developments in empirical methods and applied simulation in evolutionary economics. Using examples of innovation and technology in industry, it is the first book to address the following questions in a systematic manner: Can evolutionary economics use the same empirical methods as other research traditions in economics? Is there a need for empirical methods appropriate to the subject matter chosen? What is the relationship between appreciative theorising, case studies and more structured empirical methods? What is the relationship of modelling and simulation to empirical analysis? Evolutionary economics is a relatively new research tradition and a book such as this, which discusses the need for empirical and simulation methods appropriate to evolutionary economics, will be of great interest to researchers of evolutionary economics and technological innovation.Trade Review'. . . this book aims at a double objective: contributing to the specific issues dealt with in the chapters, and proposing an agenda for the development of an evolutionary economics methodology, which the chapters support but as examples and as tests. On both these respects the book can be considered a success. The individual contributions constitute a good sample of the very frontier of their respective fields.' -- JASSS Review of Applied Evolutionary EconomicsTable of ContentsContents: 1. Introduction Part I: Empirical Studies 2. Technological Paradigms and the Evolution of Networks: Lessons from the Pharmaceutical Industry 3. Increasing Returns and Network Structure in the Evolutionary Dynamics of Industries 4. The Evolution of Specialization: Public Research in the Chemical and Pharmaceutical Industries 5. Evolutionary Patterns of Innovation and Product Life Cycle: Empirical Evidence from the Electric Motors Industry 6. Coping Collectively with the Exploration–Exploitation Trade-off in Research Consortia: The Case of Advanced Batteries for Electric Vehicles 7. Innovation Direction and Persistence within an Industry: The Refining Processes Case 8. An Evolutionary View on Persistence in Innovation: An Empirical Application of Duration Models Part II: Simulation Studies 9. Twin Peaks: What the Knowledge-based Approach Can Say about the Dynamics of the World Income Distribution 10. ‘Leaping Across the Mountains, Bounding Over the Hills’: Punctualism and Gradualism in Economic Development 11. Unlocking a Lock-in: Towards a Model of Technological Succession 12. Selection and the Learning Curve Index

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Book SynopsisTransport continues to present considerable challenges for both policymakers and economists throughout the world. This book provides a rigorous analytical approach to transport economics and transport policy, showing how economic principles can be applied to problems and practical solutions derived. As well as providing detailed coverage on the conventional topics of demand, costs, market structure, externalities, investment appraisal and regulation, the book also examines the wider role of transport in the economy as a whole. In addition, the authors address the important link between transport and issues of location, urban and regional development, and economic growth. Throughout the book there are frequent references to policy issues at both the national and EU level, complemented by a comprehensive discussion on the different ways in which policy has evolved in various European countries. The concluding chapter draws together some of the problems encountered in moving from the theories and models developed in the book to the actual implementation of specific policy measures. The authors believe that only policies based on a thorough understanding of the economics of transport can help solve some of the pressing problems facing governments across Europe.This unique book addresses a wide range of issues and makes use of cutting-edge data to provide a set of universal tools to analyse and inform policy at all levels. It assumes only a basic knowledge of economics and will be essential reading for students at advanced undergraduate and postgraduate level following courses on transport economics, regional science, urban studies and geography. It will also prove a valuable source of reference for policymakers involved in the provision and regulation of transport and researchers interested in transport planning and policy.Trade Review‘Principles of Transport Economics succeeds in providing a rigorous treatment of transport economics. It shows how economic theory can be applied to the transport sector and provides a set of tools to analyse and inform policy. Throughout the text there is a good balance between theoretical material, empirical evidence and policy which makes it particularly stimulating. The book offers a wealth of information. Principles of Transport Economics should also prove useful as an excellent course text for advanced students.' -- Adelheid Holl, The Economic Journal'Principles of Transport Economics is a very welcome contribution to the texts in this field. As the authors point out in their introduction, it certainly fills a gap in the literature currently available. . . It is very well written and organized. I recommend it to any student or researcher interested in a good solid technical exposition of the key principles of transport economics.' -- Aisling Reynoods-Feighan, Journal of Regional Science'This is an excellent and satisfying new text book on transport economics. . . The book's coverage is very extensive, and it is hard to think of any significant area related to transport economics which is not dealt with. . . this is the best standard transport economics text available at this level.' -- Eamonn Judge, Economic Issues'Principles of Transport Economics is a topical, comprehensive and highly informative book, not just on principles, as the title announces, but also the facts and figures, the empirical evidence and the policy issues of the economics of transport. It closes a gap. There are few textbooks on transport economics on the market, and definitely none offering such a fruitful connection between the rigorous theoretical argument, results from empirical research and the current policy debate.' -- Johannes Brocker, Journal of Economic GeographyTable of ContentsContents: Preface Part I: Transport in the Economy 1. Transport and Economic Activity 2. Transport and Location 3. Transport and the Urban Economy Part II: Demand and Costs 4. The Demand for Transport 5. The Costs of Transport Part III: The Organisation of Supply 6. The Nature of Markets and Public Intervention 7. Optimal Public Decisions 8. Forms and Effects of Competition between Operators 9. Monopoly and Public Service in Transport 10. From Economics to Transport Policy References Index

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Book SynopsisWhy do organisations 'leave money on the floor' by neglecting highly cost effective measures to improve energy efficiency? This question lies at the heart of policy debates over climate change and is a focus of continuing dispute within energy economics. This book explores the nature, operation and relative importance of different barriers to energy efficiency through a comprehensive examination of energy management practices within a wide range of public and private sector organisations. The authors use concepts from new institutional economics to explain individual and organisational behaviour in relation to energy efficiency, and identify the mechanisms through which such barriers may be overcome. In doing so, they are able to shed new light on the 'barriers debate' and provide a valuable input to the future development of climate policy.Combining a critical evaluation of different theoretical perspectives with detailed case study research, this significant new book analyses how and why organisations waste energy and suggests practical policy measures to help prevent these losses. It will be required reading for professional economists, academics and students with an interest in energy use, environmental policy and organisational economics. It will also be highly relevant for policymakers and consultants working on the important policy issues surrounding energy efficiency and climate change.Trade Review'Energy efficiency apparently offers a highly cost effective way of cutting energy use and emissions of harmful greenhouse gases. Yet realising this potential remains an elusive goal. Policymakers and policy analysts debate what to do to overcome the so-called "barriers" to energy efficiency and, indeed, whether there is any problem at all. Steve Sorrell and his colleagues have performed an important service by picking their way through the theoretical undergrowth surrounding the economics of energy efficiency and substantiating their case with painstaking empirical research in the industrial and service sectors. Before anyone engages in yet another sterile debate about no-regrets energy efficiency measures, they should leaf their way through this book. This will show that there is no magic bullet for achieving energy efficiency - careful policy design targeted at specific sectors is what is needed.' -- Jim Skea, UK Energy Research Centre and Policy Studies Institute, UK'By means of detailed empirical research, this book examines energy management practices within a wide range of public and private sector organisations, including breweries, mechanical engineering firms and universities. This research is succinctly summarised in an analytically rich taxonomy of energy efficiency barriers. But the greatest academic and policy contributions of this important and timely book derive from its most impressive synthesis of the contrasting disciplinary approaches and theoretical insights - from analysis of economics, behaviour, organisational failure, rationality, adverse selection, moral hazards, risk, split incentives, and search and transaction costs. This will ensure its rightful place on all specialists' desks.' -- John Chesshire, OBE, Chairman of the Energy Efficiency Partnership for Homes, Member of the UK Government's Sustainable Energy Policy Advisory Board, and past President of the Institute of Energy, UKTable of ContentsContents: Preface 1. Introduction 2. Understanding Barriers to Energy Efficiency 3. Energy Costs – Why Bother? Barriers to Energy Efficiency in the German Higher Education Sector 4. Leaving Money on the Floor: Barriers to Energy Efficiency in the UK Higher Education Sector 5. Standing on a Burning Platform: Barriers to Energy Efficiency in the UK Brewing Industry 6. Production Must Go On: Barriers to Energy Efficiency in the Irish Mechanical Engineering Industry 7. Regulations are not Enough: Barriers to Energy Efficiency in the UK Construction Industry 8. Barrier Busting: Overcoming Barriers to Energy Efficiency Index

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Book SynopsisThis book represents a major innovation in the institutional analysis of cities and their planning, management and governance. Using concepts of transaction costs and property rights, the work shows systematically how urban order evolves as individuals co-operate in cities for mutual gain. Five kinds of urban order are examined, arising as co-operating individuals seek to reduce the costs of transacting with each other. These are organisational order (combinations of property rights), institutional order (rules and sanctions), proprietary order (fragmentation of property rights), spatial order and public domain order. Property Rights, Planning and Markets also offers an institutional interpretation of urban planning and management that challenges both the view that planning inevitably conflicts with freedom of contract and the view that its function is a means of correcting market failures. Real life examples from countries and regions around the world are used to illustrate the universal relevance of theoretical generalisations, which will be welcomed by a new generation of policymakers and students who take on a world view that goes beyond national boundaries.Trade Review'This is an important book. The authors in effect offer a positive theory of planning and urbanisation. As such, Webster and Lai's model, based on institutional economics, is a vast improvement on some equally ambitious predecessors. The book's insights and clarity make it a must reading for anyone seeking better understanding of how cities evolve as they do, and why planning is an integral part of their evolution.' -- Ernest Alexander, University of Wisconsin, Milwaukee, US'A truly remarkable achievement.' -- Mark Pennington, Kings College, London, UK'Chris Webster and Lawrence Lai have created a coherent and insightful integration of concepts such as property rights, organizations, competition, incentives, transaction costs, public goods, and externalities, which will help theorists and urban practitioners analyze and manage city goods and services. An important insight of the authors is the recognition of the interdependencies of people in a neighborhood, which can be efficiently handled with shares in the property value of the neighborhood. There is a constant question of how much markets and how much government should be involved in urban matters, and the authors provide a reasoned, balanced approach which recognizes the vital role of government while appreciating the effectiveness of markets and decentralized decision making, including private institutions or 'clubs' such as homeowners' associations. Their position that governments and markets co-evolve and complement one another is sound, and their conclusions regarding the need to provide clear property rights and efficient rules provide us with theoretical tools to better understand how cities can be improved while being wary of the 'allure of utopia".' -- Fred Foldvary, Santa Clara University, California, US'This is a really important contribution to the planning literature. Beautifully written and clearly structured, it explains the complex relationship between "planning" and "markets" using the economic perspective of transaction cost theory and the "new-institutionalism". This provides a robust way of addressing the old "economic and planning" agenda, which the authors illustrate with references to cases and situations from across the world. Informative and stimulating, this should be included in every planning theory course, and will be helpful to all trying to re-think old debates about planning and markets.' -- Patsy Healey, Newcastle University, UKTable of ContentsContents: Foreword by Yoram Barzel 1. Introduction 2. The Benefits and Costs of Co-operating in Cities 3. Organisational, Institutional and Proprietary Order 4. Spatial Order 5. Public Domain Order 6. Public Domain Order – Public Goods 7. Public Domain Order – Externalities 8. Conclusion Bibliography Index

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Book SynopsisThe past decade has seen both some new trends in the economics of transportation and the reinforcement of work from previous periods. Econometrics and innovative programming techniques have developed the work on production efficiency and interest in demand analysis has continued. Of increasing importance in recent years are the environmental implications of transportation as well as safety and security concerns. Economists are also addressing the problems of congestion with particular regard to new policy initiatives which tie transportation more closely to land-use patterns and telecommunications. In this volume Kenneth Button brings together some of the most significant previously published articles by leading academics in all these crucial areas.Trade Review'It provides the reader with an excellent overview.' -- Mike Heslop, The Journal of Energy LiteratureTable of ContentsContents: Acknowledgements Introduction Kenneth Button PART I RECENT WORK ON TRANSPORT COST AND PRODUCTIVITY ANALYSIS 1. Gilles Duranton (1998), ‘Labor Specialization, Transport Costs, and City Size’ 2. Patrick S. McCarthy (1997), ‘The Role of Captivity in Aggregate Share Models of Intercity Passenger Travel’ 3. W. Bruce Allen and Dong Liu (1995), ‘Service Quality and Motor Carrier Costs: An Empirical Analysis’ 4. David H. Good, M. Ishaq Nadiri, Lars-Hendrik Röller and Robin C. Sickles (1993), ‘Efficiency and Productivity Growth Comparisons of European and U.S. Air Carriers: A First Look at the Data’ 5. Wesley W. Wilson (1997), ‘Cost Savings and Productivity in the Railroad Industry’ PART II UPDATING OUR KNOWLEDGE OF TRANSPORT DEMAND 6. Richard H.M. Emmerink, Erik T. Verhoef, Peter Nijkamp and Piet Rietveld (1998), ‘Information Effects in Transport with Stochastic Capacity and Uncertainty Costs’ 7. Peter Romilly, Haiyan Song and Xiaming Liu (2001), ‘Car Ownership and Use in Britain: A Comparison of the Empirical Results of Alternative Cointegration Estimation Methods and Forecasts’ 8. Patrick S. McCarthy (1996), ‘Market Price and Income Elasticities of New Vehicle Demands’ PART III TRANSPORT NETWORKS ECONOMICS 9. Jan K. Brueckner and Yimin Zhang (2001), ‘A Model of Scheduling in Airline Networks: How a Hub-and-Spoke System Affects Flight Frequency, Fares and Welfare’ PART IV TRANSPORT AND ENVIRONMENTAL ECONOMIC ISSUES 10. Erik T. Verhoef (2000), ‘The Implementation of Marginal External Cost Pricing in Road Transport: Long Run vs Short Run and First-Best vs Second-Best’ 11. Chris Nash, Tom Sansom and Ben Still (2001), ‘Modifying Transport Prices to Internalise Externalities: Evidence from European Case Studies’ 12. Donald R. McCubbin and Mark A. Delucchi (1999), ‘The Health Costs of Motor-Vehicle-Related Air Pollution’ 13. Edward Calthorp and Stef Proost (1998), ‘Road Transport Externalities: Interaction between Theory and Empirical Research’ PART V THE ECONOMICS OF SAFETY AND SECURITY 14. Andrew W. Evans and Alan D. Morrison (1997), ‘Incorporating Accident Risk and Disruption in Economic Models of Public Transport’ 15. Charles Lave and Patrick Elias (1997), ‘Resource Allocation in Public Policy: The Effects of the 65-mph Speed Limit’ 16. Ulf Persson, Anna Norinder, Krister Hjalte and Katarina Gralén (2001), ‘The Value of a Statistical Life in Transport: Findings from a New Contingent Valuation Study in Sweden’ 17. Leon N. Moses and Ian Savage (1997), ‘A Cost–Benefit Analysis of US Motor Carrier Safety Programmes’ PART VI RECENT DEVELOPMENTS IN THE ECONOMIC ANALYSIS OF TRAFFIC CONGESTION 18. Alan W. Evans (1992), ‘Road Congestion: The Diagrammatic Analysis’ 19. A.D. May, S.P. Shepherd and J.J. Bates (2000), ‘Supply Curves for Urban Road Networks’ 20. Richard Arnott, André de Palma and Robin Lindsey (1993), ‘A Structural Model of Peak-Period Congestion: A Traffic Bottleneck with Elastic Demand’ 21. Erik T. Verhoef, Jan Rouwendal and Piet Rietveld (1999), ‘Congestion Caused by Speed Differences’ 22. Joseph I. Daniel (1995), ‘Congestion Pricing and Capacity of Large Hub Airports: A Bottleneck Model with Stochastic Queues’ PART VII WHAT WE NOW KNOW ABOUT LIBERALIZED TRANSPORT MARKETS 23. B. Starr McMullen and Man-Keung Lee (1999), ‘Cost Efficiency in the US Motor Carrier Industry Before and After Deregulation: A Stochastic Frontier Approach’ 24. Steven A. Morrison (1996), ‘Airline Mergers: A Longer View’ 25. Jonathan Cowie (1999), ‘The Technical Efficiency of Public and Private Ownership in the Rail Industry: The Case of Swiss Private Railways’ 26. Wayne K. Talley (1998), ‘The Indirect Cost-Saving Hypothesis of Privatisation: A Public Labour Earnings Test’ 27. Philip A. Viton (1995), ‘Private Roads’ PART VIII TRANSPORT AND LAND-USE 28. Ousmane Badiane and Gerald E. Shively (1998), ‘Spatial Integration, Transport Costs, and the Response of Local Prices to Policy Changes in Ghana’ 29. John F. Kain (2001), ‘A Tale of Two Cities: Relationships Between Urban Form, Car Ownership and Use and Implications for Public Policy’ 30. Maureen Kilkenny (1998), ‘Transport Costs and Rural Development’ PART IX TRANSPORT AND TRADE 31. Joseph F. Francois and Ian Wooton (2001), ‘Trade in International Transport Services: The Role of Competition’ 32. John T. Jones (1999), ‘The Effects of Transborder Trucking Regulations on Inbound Trucks and the Trucking Infrastructure’ PART X TRANSPORT AND COMMUNICATIONS 33. Patricia L. Mokhtarian (1998), ‘A Synthetic Approach to Estimating the Impacts of Telecommuting on Travel’ PART XI MARKET STRUCTURES 34. Bernard Franck and Jean-Claude Bunel (1991), ‘Contestability, Competition and Regulation: The Case of Liner Shipping’ 35. Tae Hoon Oum, Anming Zhang and Yimin Zhang (2000), ‘Socially Optimal Capacity and Capital Structure in Oligopoly: The Case of the Airline Industry’ Name Index

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Book SynopsisIn order to control ever-increasing health care expenditure, Western and Asian countries are seeking to develop more efficient health care models. Studies on health care that focus specifically on Asian countries are rare, rendering this a unique and welcome addition to the literature. This book presents quantitative research on various aspects of health care reform and health policy in Asia-Pacific countries such as China, Indonesia, Japan, South Korea, Taiwan, and the US - nations diverse in their economic development, social demographic structure and health care expenditures. The book's main topic for discussion is the role of both government and health insurers in funding health care. The implementation of community-based, supplemental and national health insurance is explored, as are grants and the financing of hospitals and care for the elderly. The effectiveness of education as an input to health investment and the rehabilitation of patients are also examined. Aiming to close the gap between the existing economics research and the rapid pace of the development of Asian health care markets, this unique and timely book is a must read for policymakers, researchers, academics and students with a special interest in health economics, policies and services.Table of ContentsFull Contents: 1. Editors’ Introduction Part I: Health Care Reform 2. Health care Reforms in Taiwan and the US: What we Can Learn from Each Other 3. Physician Contracting with Health Plans: A Survey of the Literature 4. Health Insurance Reform in Korea: Consolidation of Funds Part II: Production of Health 5. Is Rehabilitation Following an Acute Hospital Stay Productive? Evidence from Elderly Patients in the United States 6. Do Investments in Child Education and Nutrition Improve Adult Health? Evidence from Indonesia Part III: Health Care Utilization 7. China’s Urban Health Insurance Reform Experiment in Zhenjiang: Cost and Utilization Analyses 8. Catastrophic Illness Policy and Equity in Delivering Health Care: Empirical Evidence from Taiwan 9. Demand for Supplemental Health Insurance and Health Care Utilization in Taiwan Part IV: Hospital Behavior 10. Cost Shifting or Sample Selection: The Case Study of Surgically Treated Workers’ Compensation Back Pain Patients 11. Hospital Services under a National Health Insurance System: Transition from a Free-for-Service to a Capitation System Part V: Health Care Financing 12. Financing Health Care for the Elderly: Will an Aging Population End ‘Health for All’ in South Korea? 13. Monitoring and Enforcement in Federal Alcohol and Drug Abuse Block Grants Index

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Book SynopsisThe vast sums of money generated by sport worldwide have meant that the laws of economic competition, as well as sporting competition, have an important role to play in the organisation and regulation of the industry.This book offers a comparative perspective on the economics of sport and highlights both the similarities and differences in the North American and European models of sport. It tackles policy issues, such as the organising, financing and regulation of team sports alongside theoretical issues regarding income redistribution and competitive balance. It also evaluates the impact of sport and sports events on local communities and the wider economy providing a useful contrast of methods and results on the two continents.Transatlantic Sport will be of great interest to sports economists but will also be of wider interest to scholars of competition and economics in general.Table of ContentsContents: Preface Transatlantic sport: an introduction Carlos Pestana Barros, Muradali Ibrahímo and Stefan Szymanski PART 1 PUBLIC POLICY AND SPORTS ECONOMICS 1. European and US sports business models Wladimir Andreff and Paul D. Staudohar 2. The regulation of professional team sports Peter J. Sloane 3. The distribution of income in European football: big clubs, small countries, major problems H.F. Moorhouse PART 2 ECONOMIC THEORY AND TEAM SPORTS 4. Improving the competitive balance and the salary distribution in professional team sports Stefan Kesenne 5. Equality of opportunity and equality of outcome: static and dynamic competitive balance in European and American sports leagues Stefan Szymanski and Ron Smith PART 3 COST–BENEFIT ANALYSIS AND SPORTS 6. Bidding for the Olympics: fool’s gold? Robert A. Baade and Victor Matheson 7. Economic impact of sporting events: what has to be measured? J.J. Gouguet 8. The Soccer World Cup 2006 in Germany: choosing match locations by applying a modified cost–benefit model Bernd Rahmann and Markus Kurscheidt 9. Sports policy at regional level: estimating the economic value of amateur sports managers Carlos Pestana Barros and Jaime Lucas Index

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Book SynopsisIn this authoritative collection, Paul Cheshire and Gilles Duranton have brought together the most significant contributions to regional and urban economics since 1990. The volume presents papers on theoretical and empirical analyses of city structure and systems of cities. It places particular emphasis on the empirics of agglomeration and regional growth with a special section on the new economic geography and includes key policy-oriented contributions. The editors have written an authoritative new introduction which offers a comprehensive overview of the subject.This volume will be of particular interest to those pursuing research with a regional and urban focus, including spatial economists, regional scientists, economic geographers and planners.Table of ContentsContents: Acknowledgements Introduction Paul C. Cheshire and Gilles Duranton PART I INSIDE THE CITY (OR THEORETICALLY INSIDE THE CITY…): THEORETICAL ANALYSIS OF CITY STRUCTURE 1. Dennis R. Capozza and Robert W. Helsley (1990), ‘The Stochastic City’ 2. Mitsuru Ota and Masahisa Fujita (1993), ‘Communication Technologies and Spatial Organization of Multi-unit Firms in Metropolitan Areas’ 3. Jan K. Brueckner, Jacques-François Thisse and Yves Zenou (1999), ‘Why is Central Paris Rich and Downtown Detroit Poor? An Amenity-Based Theory’ 4. Roland Bénabou (1994), ‘Human Capital, Inequality, and Growth: A Local Perspective’ PART II INSIDE THE CITY (OR …ACTUALLY INSIDE THE CITY?): EMPIRICAL ANALYSIS OF CITY STRUCTURE 5. Marlon G. Boarnet (1994), ‘The Monocentric Model and Employment Location’ 6. Keith R. Ihlanfeldt (1992), ‘Intraurban Wage Gradients: Evidence by Race, Gender, Occupational Class, and Sector’ 7. Lawrence Thurston and Anthony M.J. Yezer (1994), ‘Causality in the Suburbanization of Population and Employment’ 8. Paul Cheshire and Stephen Sheppard (1995), ‘On the Price of Land and the Value of Amenities’ 9. Jan K. Brueckner (2000), ‘Urban Sprawl: Diagnosis and Remedies’ PART III SYSTEMS OF CITIES 10. Gilles Duranton and Diego Puga (2000), ‘Diversity and Specialisation in Cities: Why, Where and When Does it Matter?’ 11. Vernon Henderson and Randy Becker (2000), ‘Political Economy of City Sizes and Formation’ 12. Alberto F. Ades and Edward L. Glaeser (1995), ‘Trade and Circuses: Explaining Urban Giants’ 13. Dora L. Costa and Matthew E. Kahn (2000), ‘Power Couples: Changes in the Locational Choice of the College Educated, 1940–1990’ PART IV THE EMPIRICS OF AGGLOMERATION AND GROWTH 14. Antonio Ciccone and Robert E. Hall (1996), ‘Productivity and the Density of Economic Activity’ 15. Robert Dekle (2002), ‘Industrial Concentration and Regional Growth: Evidence from the Prefectures’ 16. Pierre-Philippe Combes (2000), ‘Economic Structure and Local Growth: France, 1984–1993’ 17. David B. Audretsch (1998), ‘Agglomeration and the Location of Innovative Activity’ 18. Angel de la Fuente (2000), ‘Convergence across Countries and Regions: Theory and Empirics’ 19. Danny T. Quah (1996), ‘Twin Peaks: Growth and Convergence in Models of Distribution Dynamics’ 20. Sergio J. Rey and Brett D. Montouri (1999), ‘US Regional Income Convergence: A Spatial Econometric Perspective’ PART V THE NEW ECONOMIC GEOGRAPHY 21. Paul Krugman (1991), ‘Increasing Returns and Economic Geography’ 22. J. Peter Neary (2001), ‘Of Hype and Hyperbolas: Introducing the New Economic Geography’ 23. Gordon H. Hanson (1996), ‘Localization Economies, Vertical Organization, and Trade’ 24. Donald R. Davis and David E. Weinstein (1999), ‘Economic Geography and Regional Production Structure: An Empirical Investigation’ PART VI PUBLIC FINANCE AND POLICY 25. Wallace E. Oates (1999), ‘An Essay on Fiscal Federalism’ 26. Jacques Crémer, Antonio Estache and Paul Seabright (1996), ‘Decentralizing Public Services: What Can We Learn from the Theory of the Firm?’ 27. Joseph Gyourko and Joseph Tracy (1991), ‘The Structure of Local Public Finance and the Quality of Life’ 28. Edward M. Gramlich (1994), ‘Infrastructure Investment: A Review Essay’ Name Index

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Book SynopsisProductivity growth has long been recognised by both economists and non-economists as being necessary for all economies aspiring to raise their standard of living. Thus, Renuka Mahadevan aims to highlight the conceptual differences, advantages and disadvantages of the various total factor productivity (TFP) measures and suggests processes and strategies for choosing the best technique to draw up policies for sustainable growth. Empirical results from six case studies are presented, and the analysis of the selected Asia Pacific economies is not only informative but also allows for variety in issues concerning productivity analysis. Consequently, policy measures based on each of the economies' experiences are carefully measured out in relation to various aspects such as trade liberalisation, industrial policy and other microeconomic and macroeconomic policies.The nature of the applied work in the book is refreshing and will therefore appeal to policymakers. It is also a valuable reference material for economists and researchers in industry and government, as well as graduate students who are interested in the Asia Pacific region and in particular, in productivity growth analysis.Table of ContentsContents: Part I: Productivity and Efficiency Measures 1. Introduction 2. Total Factor Productivity Growth Estimation 3. The Measurement of Technical Efficiency in Production Frontier Models Part II: Applications 4. The Non-Frontier Approach: A Case Study of Hong Kong’s Manufacturing Sector 5. The Stochastic Production Frontier Approach: A Case Study of Singapore’s Services Sector 6. The Data Envelopment Analysis (DEA) Approach: A Case Study of Korea’s Banking Sector Part III: Some Extensions on Productivity Analysis 7. How Technically Efficient are Singapore’s Manufacturing Industries? 8. Trade Liberalization and Productivity Growth in Australia’s Manufacturing Industries 9. Looking Beyond Obtaining the ‘Real’ TFP Growth for Malaysia’s Manufacturing Sector References Index

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Book SynopsisThis unique collection of largely unpublished papers brings together the founding fathers of law and economics to provide their own views on the origins and intellectual history of the field. Law and economics emerged as a separate field of scholarship during the early 1960s, fueled by two seminal papers, one by Ronald Coase and one by Guido Calabresi. The ideas generated by scholars researching in the field have deeply influenced the major disciplines of economics and the law.These 16 essays (including three by Nobel Laureates in Economic Sciences) provide an impressive blend of differing experiences and varying perspectives, reflecting on the intellectual foundations of the field, its early struggles for recognition, and its remarkable advance during the last four decades of the twentieth century, and into the twenty-first. The essays clearly outline, and contribute new insights into, all of the central issues of this still vibrant research programme. A unifying theme of the book is the central importance attached by each scholar to scientific analysis, rather than to any particular ideology or dogma.This book provides an absorbing intellectual history of law and economics, and will be a fascinating read for academics and researchers with an interest in law and economics, the history of economic thought, public choice and public policy.Trade Review'This volume is very worthwhile to read for getting a much better understanding of the US origins of law and economics.' -- Wolfgang Kerber, Jahrbucher fur Nationalokonomie und Statistik'I recommend this book in the strongest terms to all scholars interested in the history of law and economics. . . for bringing together these essays and for attempting to place the field in historical perspective, the editors deserve our thanks. . . For insider perspectives on the evolution of the field, to get a sense for the different conceptions of what it means to do economics, to do law, and to do law and economics, the book makes for a most interesting read.' -- Steven G. Medema, Review of Austrian Economics'Scholars at all stages of their careers will be interested in seeing how the field of law and economics has developed over almost a half century - the topics that were of interest, the methodology used, the ways in which problems were defined, tackled, solved. This is a major contribution to the intellectual history of economics and of law and economics.' -- Donald N. Dewees, History of Political Economy'This book of specially commissioned, original papers, by two majorTable of ContentsContents: PART I: INTRODUCTORY ESSAYS 1. An Intellectual History of Law and Economics: 1739–2003 Charles K. Rowley 2. Methodological Debates in Law and Economics: The Changing Contours of a Discipline Francesco Parisi 3. The Fire of Truth: A Remembrance of Law and Economics at Chicago, 1932–1970 Edmund W. Kitch PART II: ESSAYS BY THE FOUNDING FATHERS 4. The Economics Way of Looking at Behavior Gary S. Becker 5. Cost, Choice, and Catallaxy: An Evaluation of Two Related but Divergent Virginia Paradigms James M. Buchanan 6. The Pointlessness of Pareto: Carrying Coase Further Guido Calabresi 7. The Relevance of Transaction Costs in the Economic Analysis of Law Ronald H. Coase 8. The Confluence of Justice and Efficiency in the Economic Analysis of Law Robert D. Cooter 9. Toward a Theory of Property Rights II: The Competition Between Private and Collective Ownership Harold Demsetz 10. The Economist in Spite of Himself Richard A. Epstein 11. The Art of Law and Economics: An Autobiographical Essay William M. Landes 12. How Law and Economics was Marketed in a Hostile World: A Very Personal History Henry G. Manne 13. The Law and Economics Movement: From Bentham to Becker Richard A. Posner 14. The Rise of Law and Economics: A Memoir of the Early Years George L. Priest 15. Why was the Common Law Efficient? Paul H. Rubin 16. Law Versus Morality as Regulators of Conduct Steven Shavell 17. Journeys Across the Divides Michael J. Trebilcock 18. The Case Against the Common Law Gordon Tullock 19. Why Law, Economics, and Organization? Oliver E. Williamson Index

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Book SynopsisRecent acceleration of the Indian economic growth rate from 6 to 8 per cent has sparked worldwide speculation that India is about to catch up with China and become another Asian miracle economy. Economic Reform in China and India examines this prospect, reviewing the development strategies pursued by the two countries over the last 50 years in general and exploring recently introduced reform measures in particular. The culmination of many years of research by specialists in these economies, this book assesses the performance of China and India at both macro and sectoral levels (including economic, social, political and environmental aspects). It illustrates the reasons why China has outperformed India in the past and identifies the obstacles that India will face in its attempts to catch up with China. Providing solutions for China and India that can be applied to other developing countries, this book will be invaluable for researchers, academics and students focussing on economic development and Asian studies. It will also receive much attention from investors and government analysts interested in the strategic implications of the emergence of the two Asian economic giants.Trade Review'The authors have produced an outstanding book on economic reforms in China and India. . . This book is a wealth of information on this crucial issue, thus filling this important gap in the literature on economic reform, and also adding more knowledge to the literature on the history of economic development processes in China and India. . . [this book] will be of interest to both scholars of the economic reforms and those more generally interested in the social political changes occurring there.' -- Tulus Tambunan, Journal of Asian Business'Economists Chai and Roy have produced a well-written, properly documented study of the comparative development of India and China over the last 50 years. . . The book will be useful to graduate students in Asian studies and economic development. Policy makers in other developing countries can also benefit from this account of the experiences of two major emerging economies under different economic and political systems. Recommended. Graduate, research, and professional collections.' -- J.S. Uppal, ChoiceTable of ContentsContents: Introduction 1. Initial Conditions and Alternative Paths to Economic Development 2. The Economic System and its Reform 3. Agricultural Development 4. Industrial Policy 5. Foreign Trade and Investment 6. Saving and Investment 7. Population and Employment 8. Growth and Human Development 9. Women’s Empowerment 10. Environment in Planned Development 11. Democratization 12. Conclusion and the Prospects References Index

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Book SynopsisComplex dynamics in economics arise from nonlinear systems that do not converge to a fixed point, a limit cycle, or explode or implode exponentially due to endogenous factors. They arise from cybernetics, catastrophe theory, chaos theory, or the varieties of modern complexity theory, including models with heterogeneous, interacting agents. This major three-volume collection presents the most important papers in the area of complexity in economics. Topics include: Volume I: Philosophical and Methodological Overviews; Social Interactions and Learning Dynamics; Competitive Market Dynamics; Dynamics of Imperfect Competition; Volume II: Macroeconomic Fluctuations and Growth; Financial Markets; International and Transition Economic Dynamics; Volume III: Urban and Regional Systems; Evolutionary Economic Dynamics; and Ecologic-Economic Systems. Complexity in Economics is an authoritative and invaluable reference source for all those with an interest in this area.Trade Review'The recognition of the importance of complex systems in physics and biology has led to their study in economic systems, usually characterized as governed by a large set of interacting nonlinear dynamic systems. It is clear that these phenomena are observable and are not necessarily inconsistent with standard economic reasoning. Professor Rosser has collected a large number of papers, some from not-easily-accessible sources, which show the application of complex system theory to a variety of economic phenomena. This collection will be invaluable to the development of new and necessary thinking in economics.' -- Kenneth J. Arrow, Stanford University, USTable of ContentsContents: Volume I: Methodology, Interacting Agents and Microeconomic Models Acknowledgements Introduction J. Barkley Rosser, Jr. PART I PHILOSOPHICAL AND METHODOLOGICAL OVERVIEWS 1. Herbert A. Simon (1962), ‘The Architecture of Complexity’ 2. Peter S. Albin (1982), ‘The Metalogic of Economic Predictions, Calculations and Propositions’ 3. Don Lavoie (1989), ‘Economic Chaos or Spontaneous Order? Implications for Political Economy of the New View of Science’ 4. J. Barkley Rosser Jr. (1999), ‘On the Complexities of Complex Economic Dynamics’ PART II SOCIAL INTERACTIONS AND LEARNING DYNAMICS 5. Hans Föllmer (1974), ‘Random Economies with Many Interacting Agents’ 6. Lawrence E. Blume (1993), ‘The Statistical Mechanics of Strategic Interaction’ 7. Alan Kirman (1993), ‘Ants, Rationality, and Recruitment’ 8. William A. Brock and Cars H. Hommes (1997), ‘A Rational Route to Randomness’ 9. Ken Kollman, John H. Miller and Scott E. Page (1997), ‘Political Institutions and Sorting in a Tiebout Model’ 10. Jean-Michel Grandmont (1998), ‘Expectations Formation and Stability of Large Socioeconomic Systems’ 11. Cars Hommes and Gerhard Sorger (1998), ‘Consistent Expectations Equilibria’ 12. Georg C. Hartmann and Otto E. Rossler (1998), ‘Coupled Flare Attractors – A Discrete Prototype for Economic Modelling’ 13. William A. Brock and Steven N. Durlauf (2001), ‘Discrete Choice with Social Interactions’ PART III COMPETITIVE MARKET DYNAMICS 14. Mark Granovetter and Roland Soong (1986), ‘Threshold Models of Interpersonal Effects in Consumer Demand’ 15. Carl Chiarella (1988), ‘The Cobweb Model: Its Instability and the Onset of Chaos’ 16. Duncan K. Foley (1994), ‘A Statistical Equilibrium Theory of Markets’ 17. Donald Saari (1995), ‘Mathematical Complexity of Simple Economics’ 18. Jacob K. Goeree, Cars Hommes and Claus Weddepohl (1998), ‘Stability and Complex Dynamics in a Discrete Tâtonnement Model’ PART IV DYNAMICS OF IMPERFECT COMPETITION 19. David Rand (1978), ‘Exotic Phenomena in Games and Duopoly Models’ 20. G. Bonanno (1987), ‘Monopoly Equilibria and Catastrophe Theory’ 21. T. Puu (1991), ‘Chaos in Duopoly Pricing’ 22. Michael Kopel (1996), ‘Simple and Complex Adjustment Dynamics in Cournot Duopoly Models’ 23. Gian Italo Bischi, Laura Gardini and Michael Kopel (2000), ‘Analysis of Global Bifurcations in a Market Share Attraction Model’ 24. Robert L. Axtell (2001), ‘Zipf Distribution of U.S. Firm Sizes’ 25. Robert L. Axtell (2002), ‘Non-Cooperative Dynamics of Multi-Agent Teams’ Name Index Volume II: Macroeconomics, Financial Markets and International Economics Acknowledgements An introduction by the editor to all three volumes appears in Volume I PART I MACROECONOMIC FLUCTUATIONS AND GROWTH 1. R.H. Strotz, J.C. McAnulty and J.B. Naines, Jr. (1953), ‘Goodwin’s Nonlinear Theory of the Business Cycle: An Electro-Analog Solution’ 2. Jay W. Forrester (1977), ‘Growth Cycles’ 3. Hal R. Varian (1979), ‘Catastrophe Theory and the Business Cycle’ 4. Hans-Walter Lorenz (1992), ‘Multiple Attractors, Complex Basin Boundaries, and Transient Motion in Deterministic Economic Systems’ 5. Per Bak, Kan Chen, José Scheinkman and Michael Woodford (1993), ‘Aggregrate Fluctuations from Independent Sectoral Shocks: Self-organized Criticality in a Model of Production and Inventory Dynamics’ 6. Steven N. Durlauf (1993), ‘Nonergodic Economic Growth’ 7. Masanao Aoki (1995), ‘Economic Fluctuations with Interactive Agents: Dynamic and Stochastic Externalities’ 8. Leo Kaas (1998), ‘Stabilizing Chaos in a Dynamic Macroeconomic Model’ PART II FINANCIAL MARKETS 9. E.C. Zeeman (1974), ‘On the Unstable Behaviour of Stock Exchanges’ 10. Richard H. Day and Weihong Huang (1990), ‘Bulls, Bears and Market Sheep’ 11. Michael Stutzer (1994), ‘The Statistical Mechanics of Asset Prices’ 12. W. Brian Arthur, John H. Holland, Blake LeBaron, Richard Palmer and Paul Tayler (1997), ‘Asset Pricing Under Endogenous Expectations in an Artificial Stock Market’ 13. Shu-Heng Chen, Thomas Lux and Michele Marchesi (2001), ‘Testing for Non-linear Structure in an Artificial Financial Market’ 14. Laurent Calvet and Adlai Fisher (2001), ‘Forecasting Multifractal Volatility’ PART III INTERNATIONAL AND TRANSITIONAL ECONOMIC DYNAMICS 15. Paul Krugman (1984), ‘The International Role of the Dollar: Theory and Prospect’ 16. Jasmina Arifovic (1996), ‘The Behavior of the Exchange Rate in the Genetic Algorithm and Experimental Economies’ 17. J. Barkley Rosser, Jr. and Marina Vcherashnaya Rosser (1997), ‘Complex Dynamics and Systemic Change: How Things Can Go Very Wrong’ 18. James B. Ramsey and Zhifeng Zhang (1997), ‘The Analysis of Foreign Exchange Data Using Waveform Dictionaries’ 19. Richard E. Baldwin, Philippe Martin and Gianmarco I.P. Ottaviano (2001), ‘Global Income Divergence, Trade, and Industrialization: The Geography of Growth Take-Offs’ 20. J. Barkley Rosser, Jr., Marina Vcherashnaya Rosser, Stephen J. Guastello and Robert W. Bond, Jr. (2001), ‘Chaotic Hysteresis and Systemic Economic Transformation: Soviet Investment Patterns’ 21. Paul De Grauwe and Marianna Grimaldi (2002), ‘Complexity in the Foreign Exchange Market’ Name Index Volume III: Urban-Economic Models, Evolutionary Economics and Ecologic-Economic Systems Acknowledgements An introduction by the editor to all three volumes appears in Volume I PART I URBAN AND REGIONAL SYSTEMS 1. Thomas C. Schelling (1971), ‘Dynamic Models of Segregation’ 2. Tönu Puu (1981), ‘Catastrophic Structural Change in a Continuous Regional Model’ 3. Peter M. Allen, Guy Engelen and Michele Sanglier (1986), ‘Towards a General Dynamic Model of the Spatial Evolution of Urban Systems’ 4. Wolfgang Weidlich and Günter Haag (1987), ‘A Dynamic Phase Transition Model for Spatial Agglomeration Processes’ 5. Paul Krugman (1997), ‘How the Economy Organizes Itself in Space: A Survey of the New Economic Geography’ 6. Masahisa Fujita, Paul Krugman and Tomoya Mori (1999), ‘On the Evolution of Hierarchical Urban Systems’ PART II EVOLUTIONARY ECONOMIC DYNAMICS 7. Richard M. Goodwin (1986), ‘The Economy as an Evolutionary Pulsator’ 8. W. Brian Arthur (1989), ‘Competing Technologies, Increasing Returns, and Lock-in by Historical Events’ 9. Richard H. Day and Jean-Luc Walter (1989), ‘Economic Growth in the Very Long Run: On the Multiple-phase Interaction of Population, Technology, and Social Infrastructure’ 10. Dean Foster and Peyton Young (1990), ‘Stochastic Evolutionary Game Dynamics’ 11. Kristian Lindgren (1997), ‘Evolutionary Dynamics in Game-Theoretic Models’ 12. Ken Binmore and Larry Samuelson (1999), ‘Evolutionary Drift and Equilibrium Selection’ PART III ECOLOGIC-ECONOMIC SYSTEMS 13. Dixon D. Jones and Carl J. Walters (1976), ‘Catastrophe Theory and Fisheries Regulation’ 14. James E. Conklin and William C. Kolberg (1994), ‘Chaos For the Halibut?’ 15. J. Barkley Rosser, Jr., Carl Folke, Folke Günther, Heikki Isomaki, Charles Perrings and Tönu Puu (1994), ‘Discontinuous Change in Multilevel Hierarchical Systems’ 16. Gardner Brown and Jonathan Roughgarden (1995), ‘An Ecological Economy: Notes on Harvest and Growth’ 17. Zhiqi Chen (1997), ‘Can Economic Activities Lead to Climate Chaos? An Economic Analysis on Global Warming’ 18. S.R. Carpenter, D. Ludwig and W.A. Brock (1999), ‘Management of Eutrophication for Lakes Subject to Potentially Irreversible Change’ 19. J. Barkley Rosser, Jr. (2001), ‘Complex Ecologic-Economic Dynamics and Environmental Policy’ Name Index

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Book SynopsisThis major reference work, now in its fourth edition, is an extensive and authoritative guide to the most frequently cited academic economists throughout the world.As with the previous editions, each of the entries is written by the entrants themselves and gives pertinent biographical data, principal fields of interest, chief publications and a statement of their principal contributions to economics as they - and not the editors - perceive them. This edition includes only living economists whose articles, published in the period 1990-2000, have been most frequently cited and as such it is the most up-to-date biographical dictionary of the leading players in the economics profession. a thoroughly revised, updated and extended fourth edition containing the most cited economists from 1990-2000 the only biographical dictionary of major economists to appear in any language provides critical information on over 700 living economists five appendices, including indices of principal fields of interest, country of residence, year of birth, current affiliation, and first degree and doctorate. Trade ReviewAcclaim for the third edition:'. . . as one reviewer said of the second edition, what was an interesting experiment became a standard work of reference. With this third edition it is now a vital resource for the profession. . .' -- Roger Middleton, Journal of the History of Economic Thought'Thumbing through the entries in Who's Who in Economics does give a unique insight into the concerns and findings of the world's leading economists. . .' -- Robert Whaples, EH.NetTable of ContentsContents: Preface • Abbreviations • General • Associations, Institutions, Publishers • Journals • Geographic • Who’s Who in Economics • Appendices

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Book SynopsisIn its continuing quest for competitiveness in world markets, the EU has recently moved away from a technology policy towards an innovation policy. In other words, from a strategy almost entirely focused on supporting collaborative alliances, the EU now has a broader policy vision which aims to engender a positive institutional environment for European innovators. This fresh policy direction has forced the EU to take a novel approach to understanding the relationship between public action and the innovation process at both the national and European level. Adopting a strong interdisciplinary approach, the author skilfully examines the politics and economics of the new innovation policy of the EU, addressing such diverse topics as research and knowledge production, the changing regime of intellectual property rights, building the information society, standard setting, risk assessment and the social sustainability of innovation. The conclusions pose many theoretical questions which will require further research, most notably the extent to which EU innovation policy underpins a European system of innovation.This book will be an invaluable source of reference for academics and researchers interested in the economics of innovation, EU political economy, science, technology and politics. It will also help policy makers to understand the complex interactions between regional, national and supranational innovation policy.Trade Review'This book is original in its perspective as well as in its coverage of issues. The author has a good grip both on the political and economic aspects of innovation policy, which makes it possible for her to draw out the crucial dilemmas for European policymakers, as well as the difficulties in finding easy solutions to these dilemmas. She covers different fields that are normally not treated in one common context such as knowledge creation, intellectual property rights, the information society, standard setting and risk assessment. The truly interdisciplinary approach and the broad coverage make this volume quite unique.' -- Bengt-Ake Lundvall, Aalborg University, Denmark'This book reveals common patterns of change as many, seemingly unrelated, areas of innovation policy are increasingly conducted at the European level. The multi-disciplinary approach allows the subject matter to be analysed with subtlety and depth, and the result will appeal to specialists and generalists alike. This represents a major contribution to the innovation policy literature that combines analytical insight with empirical depth.' -- Paul Nightingale, University of Sussex, UKTable of ContentsContents: Preface Introduction 1. Analysing the Innovation Policy of the European Union 2. Research and Knowledge Production 3. The Changing Regime of Intellectual Property Rights 4. Building the Information Society 5. The World of Standards 6. Risk and the Social Sustainability of Innovation 7. Conclusion Index

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Book SynopsisBased on first-hand experience, The Chrysalis Economy explores some extraordinary cases of corporate meta-morphosis as we begin the long haul from today¹s Caterpillar Economy to tomorrow¹s Butterfly and Honeybee Economies. John Elkington looks over the shoulders of business leaders and boards as they build the values-based platforms essential for sustainable value creation. He also looks at the corporate cultures which will be needed and the steps required to achieve them.Trade Review"Although John Elkington is without doubt the world's leading thinker with respect to sustainability and strategic corporate change, this book has far broader import and implications. The Chyrsalis Economy is critically relevant and fascinating, the most salient business book to emerge in a decade or more. With this, John Elkington joins his thinking and insight to the level of Sloan, Drucker, and Schumpeter. This is the voice of discerning reason in the sea of global contradictions that beset society, government, and commerce." - Paul Hawken, co-author, Natural Capitalism; President, Natural Capitalism Institute "If capitalism survives, which its behavior at the outset of the 21st century makes a matter of doubt, John Elkington will have been one of the contributors to its deserving to do so. Against all the odds, the optimism which imbues this lively and challenging book could be made reality - but only if its lessons are learnt." - SIR GEOFFREY CHANDLER, Chair, Amnesty International UK Business Group, 1991-2001 "John is simply the field's maestro of incisive and enlightening metaphors - listen for the 'pings' going off in people's heads as they read this, his latest book." - SIMON ZADEK, author of The Civil Corporation; Chair, Institute of Social and Ethical Accountability, UK "Is this book in your boardroom, your CEO's briefcase - or better yet, on his/her bedside table? In the search for reliable indicators of sustainability, the presence of The Chrysalis Economy in such places may prove to be a lead indicator suggesting how well your company or organisation is preparing to face the 21st century challenge of turning sustainability from prattle into practice. John Elkington's visionary but practical guide will help many business leaders make sense of sustainability. A book to steer by." - RALPH HALLO, President, European Environmental Bureau, Belgium "John Elkington's newest work, The Chrysalis Economy, offers breath-taking insight into the most important trends of our new century and their implications for business and society. A thinker of extraordinary creativity and depth, he once again demonstrates why leaders all over the world turn to him as advisor and guide." - ROBERT KINLOCH MASSIE, Executive Director, Coalition for Environmentally Responsible Economies (CERES), USA "The Chrysalis Economy is just what my generation has been waiting for: a how-to manual on creating companies we would feel proud to work for. One compelling reason why CEOs and other corporate leaders should listen: the next generation of leaders won't work for you unless you do." - AMY MIDDELBURG, Sustainability Program Manager, PricewaterhouseCoopers, and Co-Founder, CSR Chicks, UK "The Chrysalis Economy leaps to the top of the list of 'must-read' books for CEOs and other business leaders of today'John Elkington not only captures the tumultuous changes under way at the global intersection of business and society, but also provides a structure to understand it'" - JOHN PRESTBO, Editor, Dow Jones Indexes, USA ...a powerful case for businesses to reassess their values, relationships and processes...it will no longer be possible for companies to pretend that they want to be more responsible but do not know what to do or how to do it..." (Financial Times, 31 October 2001) "..clearly and succinctly showing a detailed knowledge of the field...readable style and a gift for illuminating metaphors. Elkington also makes excellent use of various charts and diagrams..." (Environmental Business, November 2001) "..The thinking throughout The Chrysalis Economy is rich. (www.tidepool.org 8 January 2002)Table of ContentsAcknowledgements. Foreword. Executive Summary. CHRYSALI$. Introduction: Inside the Chrysalis Economy. Beyond the Limits: Planet, People and Politics. Extreme Economics: The Real New Economy. METAMORPHOSI$. Value versus Values: Penetrating the Values and Value Barriers. Inside the Cocoon: Are You Working for a CorporateCaterpillar, Locust, Butterfly or Honeybee? The Citizen CEO: Leaders Aiming for the Triple Win. STAGE$. Invasion. Internalization. Inclusion. Integration. Incubation. MIGRATION$. Future Memories: Scenarios and Their Uses. Kaleidoscope: A Dipstick Survey of SD Thought-Leaders. Afterword: Can Civilizations be 'Built to Last'? SOURCE$. Notes. Index.

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Book SynopsisThis book identifies and discusses critical issues of ICT innovation at both the macroeconomic and organisational levels, bringing together two hitherto independent fields of study: economics and information systems. The book takes stock of these two fields, highlighting their complementarity in contemporary issues such as business competitiveness and e-commerce, organisational change and industrial restructuring, information systems implementation and technology infrastructure building. The contributions cover a broad range of issues, from analysing policy approaches for fostering ICT innovation at a regional level, to examining the way in which ICT-based information systems and organisational practice are simultaneously shaped.The book elaborates an understanding of innovation as shaped largely in context, rather than 'diffused' from the place of its conception into the place of its implementation. The theoretical perspectives offered by the authors include institutional economics, evolutionary economics, social constructivism, and structuration theory. Collectively, the chapters of this book present ICT innovation as a dynamic process involving multiple actors in multiple locations, codified and tacit knowledge, and instrumental and situated behaviour.This pathbreaking book will be of enormous interest to students, researchers and academics specialising in economics, information systems and ICT innovation, as well as policy and management consultants involved in information systems and development.Table of ContentsContents: Preface Introduction Part I: Infrastructures, Awareness Building and Development of Capabilities 1. The Evolution of the Information Society and Regional Development in Europe 2. Development and Telecommunications Access: Cases from South Asia 3. The Computer Sciences Academic Community and the Diffusion of Internet in Brazil 4. IT Diffusion for Public Service Delivery: Looking for Plausible Theoretical Approaches Part II: ICT Adoption 5. ICT Adoption in Small and Medium-Sized Enterprises: Lessons from Case Studies 6. Understanding the Adoption of E-Commerce 7. Institutional and Resource-based Perspectives of IT and Organizational Change: Cases from the Nigerian Banking Industry Part III: Innovation in the Organizational Setting of ICT Use 8. New Socio-technical Perspectives of IS Innovation in Organizations 9. Information Systems and New Technologies: Taking Shape in Use 10. Perspectives on ICT Innovation and Organizational Context Conclusions Index

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Book SynopsisAn Eponymous Dictionary of Economics is a fascinating and accessible reference work with comprehensive coverage of the field of economics from Adam Smith's Problem through Minkowski's Theorem to Zellner's Estimator.Eponymy - the practice of affixing the name of the scientist to all or part of what he/she has found - has many interesting features but only a very few attempts have been made to tackle the subject lexicographically in science and art. This is the first eponymous dictionary of economics ever published in any language.There are hundreds of eponyms and the average economist will probably be acquainted with, let alone be able to master, a relatively restricted number of them. The Dictionary fills this void in a manageable volume that describes all relevant economic eponyms. Some rare but interesting eponyms are also included, many entries are cross-referenced and all have a succinct bibliography for further reading.Julio Segura and Carlos RodrIguez Braun have assembled a unique Dictionary that will be an invaluable and much welcomed reference book for economic journalists, economists and economic scholars at all levels of academe, and in all areas of economics and its associated fields.Trade Review'. . . wonderful book . . . which provides detailed definitions and explanations for more than three hundred eponymic expressions commonly used in economics . . . a fine work of scholarship and a major contribution to the literature of economics . . . Julio Segura and Carlos Rodriguez Braun have done economists proud, and they deserve our thanks.' -- Julio H. Cole, The Independent Review'This useful dictionary is a first of its type in any field, including economics, and thus fills a void. . . Essential. All libraries with business and economics collections serving lower-division undergraduates and up.' -- C.D. Anderson, Choice'The Eponymous Dictionary of Economics can rightly take its place amongst the best works of its kind. Its experienced editors have undertaken the mammoth task of reviewing the vast array of economic propositions associated with particular writers with evident enthusiasm and consummate skill. Not the least of the Dictionary's features is that it draws attention to the professional dedication of the economics profession in modern Spain; and it was a happy inspiration to offer the task of preparing entries mainly to the young and enthusiastic.' -- Sir Alan Peacock, The David Hume Institute and Fellow of the British AcademyTable of ContentsFull list of contributors Pedro Albarrán Rocío Albert López-Ibor Emilio Albi Salvador Almenar António Almodovar Aurora Alonso Miguel Ángel Alonso Neira Javier Andrés Felipe M. Aparicio-Acosta Enriqueta Aragonés Manuel Arellano Lluís Argemí Benito Arruñada Joaquín Artés Caselles Jesús Astigarraga Milagros Avedillo Luis Ayala Juan Ayuso Antonio Aznar Jordi Bacaria Nuria Badenes Plá Salvador Barberá Germá Bel Samuel Bentolila Gustavo Bergantiños Juan Carlos Berganza José R. Berrendero María Blanco González Gabriel F. Bobadilla Elsa Bolado Joan-Ramon Borrell Olympia Bover Segundo Bru Roberto Burguet Francisco Cabrillo Reyes Calderón Cuadrado Francisco J. Callealta Xavier Calsamiglia Joan Calzada Jan Carlos Candeal Alfonso Cabajo José Luís Cardoso M. Angeles Carnero Nicolás Carrasco Raquel Carrasco Carmen Carrera Guillermo Caruana Ignacio del Castillo Joan Castillo Franquet Ana Esther Castro Emilio Cerdá Diego Comín Luis Corchón Antón Costas Ignacio Díaz-Emparanza Juan J. Dolado Rafael Domenech Cruz Angel Echevarría Alvaro Escribano Antoni Espasa David Espiga Joan M. Esteban Angel Estrada Gorka Etxebarria Zubeldía José C. Fariñas Ramón Febrero José L. Fernández Rogelio Fernández Delgado F. Javier Fernández-Macho Eva Ferreira Jordi Flores Parra Yanna G. Franco Ma Teresa Freire Rubio Xavier Freixas M. Angeles de Frutos Angel de la Fuente Carmen Gallastegui Elena Gallego Jaume García Juan C. García-Bermejo Ignacio García-Jurado Antonio García Ferrer José Luis García Lapresta José Ignacio García Pérez José L. García-Ruiz Juan A. Gimeno F. Javier Girón Léon Gómez Rivas Fritz Graffe E. Grifell-Tatjé M. Cármen Guisán José A. Herce Iñigo Herguera Juan Hernández Andreu Cármen Herrero Teresa Herrero Carlos Hervés-Beloso Juan del Hoyo Elena Huergo Jesús Huerta de Soto Pilar Ibarrola Jesús de la Iglesia Ma Covadonga de la Iglesia Elena Iñarra Esteban Induraín Juan F. Jimeno Ana Justel Alberto Lafuente Miguel A. Lasheras Gerard Llobet Vicent Llombart J. Guillermo Llorente Alvarez Salvador López Julio López Laborda Joaquín Lorences Javier Loscos Fernández C.A.K. Lovell Ana Lozano Vivas Maurici Lucena Inés Macho-Stadler José Luis Malo de Molina Antonio Manresa Agustín Maravall Francisco Marhuenda Carmela Martín Ana Martín Marcos Victoriano Martín Martín Angel Martín-Román Diego Martínez Xavier Martinez Giralt Juan E. Martínez-Legaz Montserrat Martínez Parera David Martínez Turégano Andreu Mas-Colell Cristina Mazón Fernando Méndez-Ibisate Pedro Mira José Alberto Molina Carlos Monasterio Manuel Morán Pedro Moreira dos Santos Diego Moreno Emma Moreno García Lourdes Moreno Martín Carlos Mulas Granados Manuel Naveira Alfonso Novales Carmelo Núñez José J. Núñez Oliver Núñez Gonzalo Olcina Emilio Ontiveros José M. Ortiz-Villajos Jorge Atilano Padilla Leandro Pardo Jordi Pascual Consuelo Pazó Francisco Pedraja Chaparro Daniel Peña J.B. Pena Trapero Luis Perdices de Blas Gabriel Pérez Quirós J. Pérez Villareal David Pérez-Castrillo Luis Eduardo Pires Jiménez Clemente Polo Pilar Poncela Aleix Pons Clara Ponsati Albert Prat Francisco Javier Prieto Luis A. Puch Pedro Puig Vicente Quesada Paloma José Luis Ramos Gorostiza John Reeder Marta Regúlez Castillo Rafael Repullo Fernando Restoy José Manuel Rey Carlos J. Ricoy Javier Rodero-Cosano Antonio Rodrigo Fernández Carlos Rodríguez Braun Luis Rodríguez Romero Cesar Rodríguez-Gutíerrez Luis Ángel Rojo Rosario Romera Ana Rosado Joan R. Rosés Jesús Ruíz Huerta Rafael Salas Vicente Salas Nieves San Emeterio Martín Javier San Julián Ismael Sánchez Julio Sánchez Chóliz Alfonso Sánchez Hormigo José Sánchez Maldonado Amparo Sancho Jon Santacoloma Manuel Santos-Redondo José F. Sanz Mercedes Sastre Albert Satorra Jesús Saurina Salas Pedro Schwartz Carlos Sebastián Miguel Sebastián Julio Segura Eva Senra Simón Sosvilla-Rivero Javier Suarez Jordi Suriñach José Francisco Teixeira Xavier Torres Gabriel Tortella Estrella Trincado Amparo Urbano Salvador Rosa Mariá Urbanos Garrido Federico Valenciano Javier Vallés Juán Varela Jesús Vázquez Mercedes Vázquez Furelos Juan Vega Fernando Vega-Redondo David Vegara Josep Ma Vegara-Carrió Teresa Villagarcía José Viñals Jesús M. Zaratiegui José Manuel Zarauelo Ignacio Zubiri

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Book SynopsisThis volume contains the key innovative papers in economic geography, encompassing work on core-periphery structures of countries and on systems of cities. It includes theory papers on core-periphery structures, on urban systems and industrial urban structures, and on the dynamics of evolution of urban and industrial concentrations. It also includes empirical work, starting with a more recent literature based on the new economic geography, as well as key empirical papers on agglomeration economies, spatial concentration, and urban evolution.This insightful volume highlights the achievement of economic geography in recent years as well as providing strong econometric evidence to substantiate theoretical developments. It will be invaluable to researchers and practitioners alike.Table of ContentsContents: Acknowledgements Introduction J. Vernon Henderson PART I THE ECONOMIC GEOGRAPHY OF REGIONS 1. Paul Krugman (1991), ‘Increasing Returns and Economic Geography’ 2. Anthony J. Venables (1996), ‘Equilibrium Locations of Vertically Linked Industries’ 3. Diego Puga (1999), ‘The Rise and Fall of Regional Inequalities’ 4. Gianmarco Ottaviano, Takatoshi Tabuchi and Jacques-François Thisse (2002), ‘Agglomeration and Trade Revisited’ 5. Masahisa Fujita and Jacques-François Thisse (2003), ‘Does Geographical Agglomeration Foster Economic Growth? And Who Gains and Loses From It?’ PART II SYSTEMS OF CITIES 6. Robert W. Helsley and William C. Strange (1990), ‘Matching and Agglomeration Economies in a System of Cities’ 7. Vernon Henderson and Randy Becker (2000), ‘Political Economy of City Sizes and Formation’ 8. Gilles Duranton and Diego Puga (2001), ‘Nursery Cities: Urban Diversity, Process Innovation, and the Life Cycle of Products’ 9. Duncan Black and Vernon Henderson (1999), ‘A Theory of Urban Growth’ 10. Masahisa Fujita, Paul Krugman and Tomoya Mori (1999), ‘On the Evolution of Hierarchical Urban Systems’ PART III OTHER APPROACHES TO GEOGRAPHY AND AGGLOMERATION 11. W. Brian Arthur (1990), ‘“Silicon Valley” Locational Clusters: When Do Increasing Returns Imply Monopoly?’ 12. Xavier Gabaix (1999), ‘Zipf’s Law for Cities: An Explanation’ PART IV ECONOMIC GEOGRAPHY AND EMPIRICS 13. Gordon H. Hanson (1997), ‘Increasing Returns, Trade and the Regional Structure of Wages’ 14. Donald R. Davis and David E. Weinstein (2003), ‘Market Access, Economic Geography and Comparative Advantage: An Empirical Test’ 15. Francesco Caselli and Wilbur John Coleman II (2001), ‘The U.S. Structural Transformation and Regional Convergence: A Reinterpretation’ 16. Donald R. Davis and David E. Weinstein (2002), ‘Bones, Bombs, and Break Points: The Geography of Economic Activity’ PART V URBAN SCALE ECONOMIES, AND INDUSTRIAL CONCENTRATION 17. Adam B. Jaffe, Manuel Trajtenberg and Rebecca Henderson (1993), ‘Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations’ 18. Glenn Ellison and Edward L. Glaeser (1997), ‘Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach’ 19. J. Vernon Henderson (2003), ‘Marshall’s Scale Economies’ 20. Stuart S. Rosenthal and William C. Strange (2003), ‘Geography, Industrial Organization, and Agglomeration’ PART VI SYSTEMS OF CITIES EVIDENCE 21. Jonathan Eaton and Zvi Eckstein (1997), ‘Cities and Growth: Theory and Evidence from France and Japan’ 22. Duncan Black and Vernon Henderson (2003), ‘Urban Evolution in the USA’ 23. Yannis M. Ioannides and Henry G. Overman (2003), ‘Zipf’s Law for Cities: An Empirical Examination’ Name Index

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Book SynopsisTop European and American scholars contribute to this cutting-edge volume on little-researched areas of environmental and resource economics. Topics include spatial economics, poverty and development, experimental economics, large-scale risk and its management, organizational economics, technological innovation and diffusion and many more.The common thread is the language and methodology of economics, yet the work aims to reach an audience wider than academia; others such as researchers and policymakers, in the public sector, professional staff in research institutes and think tanks, and environmental consultants will all benefit from an awareness of these crucial issues which, if not considered now, will become the problems of the future.Trade Review'This is a book of uncompromising technical excellence, which does exactly what it promises to do: chart the cutting-edge frontiers of environmental and ecological economics, for the benefit of graduate students, professional academics, and policy making elites. The authors are mostly academic leaders in the field, the topics are hot . . . the contributors make the links between abstract theorizing and the concrete mental framing of issues that is a prerequisite for sound policy design . . . The papers in this collection exhibit rigorous and robust analytical frameworks, presented intuitively in clear words as well as mathematically, and harnessed to wide-ranging up-to-date bibliographies which quickly open the door into recent literature . . . this will be a book to keep on a convenient shelf for reference purposes . . . it is hard to imagine a graduate student reading this book and failing to spot opportunities to colonize new theoretical territory beyond the present frontier, or to explore empirically the areas outlined in these chapters.' -- Geoffrey Bertram, Papers in Regional ScienceTable of ContentsContents: Introduction 1. Green Accounting and Green Taxes in the Global Economy 2. The Environment and Economic Well-being 3. Spatial Economic Aspects of the Environment and Environmental Policy 4. Empowering the Community: Information Strategies for Pollution Control 5. To Whisper in the Ears of Princes: Laboratory Economic Experiments and Environmental Policy 6. The Firm, its Procedures and Win–Win Environmental Regulations 7. International Trade and the Environment: How to Handle Carbon Leakage 8. Poverty, Environment and Development 9. Industrial Ecology: Wealth, Depreciation and Waste 10. Ecosystems as Lotteries 11. Corporate Governance in the Presence of Major Technological Risks 12. Strategies for Dealing with Large-Scale Natural and Environmental Risks 13. Resilience and Sustainability 14. Environmental Technological Innovation and Diffusion 15. On the Future of Environmental Economics Index

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Book SynopsisThe design of infrastructure policies is a controversial issue in the transition economies of Eastern Europe, where the dismal state of infrastructure was widely regarded to be one of the major obstacles to economic recovery and sustained growth. With the imminent enlargement of the EU, Christian von Hirschhausen provides a detailed, reflective analysis of the state of infrastructure development in Eastern Europe. The author illustrates the different approaches to modernizing infrastructure and the successes that have been achieved in terms of fiscal relief, private investment and increased efficiency. Based upon a comparative institutional analysis and extensive field research and case studies, he provides empirical evidence from different sectors (power, gas, railways, roads, R&D), with particular emphasis on countries such as Poland, Hungary, the Czech Republic, the Baltics and Russia. Given the substantial institutional instability of the early years of transition, the author promotes a gradual but time-consistent approach to liberalization as a more promising path towards a market economy and increased efficiency. The author offers sound policy recommendations on how best to achieve the successful modernization of East European infrastructure in the course of EU-enlargement.This book will be indispensable to all researchers and academics of European integration and transition economics, policymakers in the EU, and institutions such as development banks which are active in the restructuring process in Eastern Europe and EU-enlargement.Trade Review'This book should be thought-provoking reading for academics and practitioners with a professional interest in infrastructure services, policy design, and the agenda for infrastructure reform in transition economies. Christian von Hirschhausen's rigorous, multi-sector analysis provides a first-time attempt at a balanced assessment of conceptual and practical issues regarding a critical area of the transition to markets. The book also questions some of the generally accepted findings regarding what works and what doesn't in the restructuring of infrastructure in the former centrally-planned economies, with special attention to the political economy of reform.' -- Jose Carbajo, European Bank for Reconstruction and Development (EBRD), London, UK'The theoretical basis is impressive and the empirical evidence authentic: the book breathes the dust of Hungarian highways and the rust of Estonian power plants. In over five years of field research, the author has acquired an unmatched understanding of the topic and provides clear-cut, highly relevant policy conclusions for EU-enlargement.' -- Axel Siedenberg, Deutsche Bank Research / Economics, Germany'This book is an insightful study of the neglected issue of the infrastructure of transition economies in Eastern Europe and the former Soviet Union. It chronicles the socialist infrastructure's incompatibility with a market economy and its collapse using aggregate data and valuable case studies, particularly of the energy and transport sectors. Although there have been clear transition successes, the search for an optimal infrastructure policy has been elusive. Although market-based solutions have delivered less than promised due to political-economy and technological factors, their results have not proven inferior to more conservative regulatory approaches. Modernizing Infrastructure in Transformation Economies rounds out our knowledge of a key aspect of the transition process and is to be recommended to all serious scholars of transition and European integration.' -- Paul Gregory, University of Houston, US'This is the first comprehensive treatment of a highly topical issue. The message of this book is that transition economies need a substantial overhaul of their infrastructure, but that they should ponder gradual rather than radical ways for deregulation and privatization. Institutional, technical and financial constraints should not be ignored and "one-fits-all" type policies are inappropriate.' -- Irina Akimova, Institute for Economic Research, UkraineTable of ContentsContents: 1. Introduction Part I: Conceptual Issues 2. Infrastructure Policy in Socialism and in the Market Economy 3. The Process of Systematic Transformation 4. Specific Infrastructure Policies for Eastern Europe? Part II: Empirical Analysis 5. Survey and Methodology 6. Lessons from Public Investment Programs 7. Innovation Policies Towards a Market Economy? 8. Private Project Financing of Highway Development 9. Power Utility Re-regulation 10. Gas Sector Restructuring – A Political Economy Approach 11. The Russian Gas Reserves – A New Perspective Part III: Summary and Conclusions 12. Lessons and Perspectives on the Way to European Enlargement Bibliography Index

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Book SynopsisThis major Handbook comprehensively surveys the rapidly growing field of the economics of education. It is unique in that it comprises original contributions on an exceptional range of topics from a review of human capital, signalling and screening models, to consideration of issues such as educational externalities and economic growth, funding models, determinants of educational success, the educational production function, educational standards and efficiency measurement. Labour market issues such as the market for teachers and the transition of students from school to work are also explored.The International Handbook on the Economics of Education will be warmly welcomed by academic economists, educational researchers and practitioners in educational management as well as policymakers. Comprising specially commissioned articles, the Handbook will become indispensable reference for this ever topical field of study.Trade Review'. . . is a voluminous and timely collection of 18 essays that addresses a number of core issues on the economics of education. . . An exhaustive survey of the literature on the role of universities as multi-product firms at various levels and disciplines identifies the nature of the economies of scope and scale. This enriches the volume further.' -- Economic Analysis & Policy'. . . the endeavour of bringing together very knowledgeable contributors, including some of the leading contributors to the literature in the UK and beyond, to write a handbook on the economics of education is highly appreciated. The Handbook contains 18 substantive chapters, encapsulated by a brief introduction and an extensive and a very useful index. . . the Handbook should be praised as a useful overview of the field of economics of education as it stands today.' -- Ludger Wossmann, Economic IssuesTable of ContentsContents: Introduction 1. Human Capital and Rates of Return George Psacharopoulos and Harry Anthony Patrinos 2. Signalling and Screening Sarah Brown and John G. Sessions 3. The Economic Assessment of Training Schemes Peter J. Dolton 4. Education and Economic Growth Philip Stevens and Martin Weale 5. Skill-Biased Technical Change and Educational Outcomes Stephen Machin 6. The Social and External Benefits of Education Walter W. McMahon 7. School Finance David Mitch 8. Funding Higher Education David Greenaway and Michelle Haynes 9. Exploring the Effect of Class Size on Student Achievement: What Have We Learned Over the Past Two Decades? Susan L. Averett and Michele C. McLennan 10. The Economics of Secondary Schooling Steve Bradley and Jim Taylor 11. Determinants of Educational Success in Higher Education Robin A. Naylor and Jeremy Smith 12. Standards and Grade Inflation Geraint Johnes 13. The School-to-Work Transition Steve Bradley and Anh Ngoc Nguyen 14. The Labour Market for Teachers Paulo Santiago 15. Multi-product Cost Functions for Universities: Economies of Scale and Scope Elchanan Cohn and Samuel T. Cooper 16. Efficiency Measurement Jill Johnes 17. Education, Child Labour and Development Saqib Jafarey and Sajal Lahiri 18. Education and Housing William H. Hoyt Index

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Book SynopsisThe delinquent payment of child support by non-custodial to custodial parents is a major problem throughout the United States. To many observers, the problem is one of 'deadbeat dads' - men who simply will not make the required payments. The solution has been to enforce payment by the imposition of increasingly stringent civil and criminal penalties. Despite these efforts, the percentage of single mothers receiving child support has changed very little over the past twenty-five years. The Law and Economics of Child Support Payments investigates why this is, and approaches the payment of child support as an economic problem.To understand the issues involved, leading lawyers and economists examine various facets of the child support system from a law and economics perspective. They consider the incentives faced by both custodial and non-custodial parents, and search for policy actions that are more incentive-compatible for all participants. The assumptions underlying current child support guidelines are discussed, as are the ways in which child support payments affect family structure, teenage delinquency and income disparities between parents.This comprehensive, provocative volume will be of considerable interest to policymakers, lawyers and parent advocacy groups, as well as to students of this timely issue.Trade Review'Bill Comanor has published a fascinating collection of 10 essays on child support payment in the US.' -- European Journal of Law and Economics'. . . the book raises interesting and important questions that need to be dealt with.' -- Barbara R. Bergmann, Feminist Economics'This urgently needed, groundbreaking book provides solid data that coincides with the real life stories I have been hearing for years from men and women nationwide regarding unfair child support laws and policies that have resulted in adverse effects on their children and families. I anticipate that this book will have a major positive impact on social policy and the general collective attitudes toward families in today's society. The information presented in this book must be read and understood by every policymaker to insure that child support policies are made just and fair so that all families can prosper.' -- Dianna Thompson, National Family Justice Association, USTable of ContentsContents: Preface 1. Child Support Payments: A Review of Current Policies 2. Child Support and the Problem of Economic Incentives 3. Child Support Guidelines: Underlying Methodologies, Assumptions, and the Impact on Standards of Living 4. Child Support Guidelines and Equal Living Standards 5. Child Support Policy and the Unintended Consequences of Good Intentions 6. Hopelessly Defective: An Examination of the Assumptions Underlying Current Child Support Guidelines 7. Should Visitation Denial Affect the Obligation to Pay Support? 8. Parental Bonding and the Design of Child Support Obligations 9. Teenage Delinquency: The Role of Child Support Payments and Father’s Visitation 10. Family Structure and Child Support: What Matters for Youth Delinquency Rates? Index

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Book SynopsisThe economic system of 'high-growth-period' Japan was characterized by various properties such as its unique banking system, industrial policy and lifetime employment. Juro Teranishi argues that since the 'bubble period' and the subsequent severe downturn of the economy during the 1990s, Japan's economic system has been undergoing extensive changes. This book is informed by a historical evaluation of the 'high-growth-period' economic system in comparison with the preceding Meiji-Taishô economic system, set within a framework incorporating the role of the government and the private sector economic system as well as the government-private sector interface. Factors are identified that determined the emergence of the Japanese economic system, and the nature of, and reasons for, its transformation. Juro Teranishi reveals how the 'high-growth-period' economic system emerged because of the failure of the Meiji-Taishô economic system to adapt to changes in exogenous conditions, and that it is now obliged to change in order to accommodate those changes that took place during the 1990s. The book also includes a valuable evaluation of the performance of the Japanese economic system in terms of not only the growth of GDP, but also income distribution.Juro Teranishi's book will appeal to scholars and students of the Japanese economy, institutional and financial economics, and corporate governance.Trade Review'This book provides with a completely new viewpoint for the analysis of the Japanese economy, and deliberates on the future of the Japanese economy. Some may agree and others may disagree with the author's assertions. However, there is no doubt that this book is full of excellent visions and analysis.' -- Takahusa Nakamura, NikkeiTable of ContentsContents: Preface Part I: 1. Introduction 1. Introduction 2. Analytical Framework Part II: Meiji–Taishô Economic System 3. Emergence of the Meiji–Taishô Economic System 4. Mechanism and Performance of the Meiji–Taishô Economic System 5. Decline of the Meiji–Taishô Economic System Part III: The High-Growth-Period Economic System 6. Emergence of the High-Growth-Period Economic System 7. Mechanism and Performance of the High-Growth-Period Economic System 8. Decline of the High-Growth-Period Economic System Part IV: 9. Conclusion References Index

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Book SynopsisSchumpeter was an interdisciplinary political economist who made institutional transformation the centrepiece of his theory of supply and demand. This comprehensive monograph reconstructs and assesses Schumpeter's contribution to the restless economics of entrepreneurship, disequilibrium and search.Examining the evidence from all of Schumpeter's published work, the book fills a significant gap in the literature of economic thought. Partly because Schumpeter was so prolific, partly because he touched on so many interrelated topics, there have been few books that have sought to span the whole of this important author's influential insights. This volume will appeal to scholars, students and researchers who are interested in exploring the complexities of Schumpeter's vision and his intellectual system. It will be entirely accessible to non-evolutionary economists. Historians of economic thought will find this a valuable and novel interpretation of Schumpeter's work.Trade Review'David Reisman's book covers a broad expanse of history, economics and soci­ ology as it surveys the life and work of Joseph Schumpeter. The book makes delightful reading and should find friends both with novices to Schumpeter and to scholars. The writing is lucid as Reisman illuminates a broad terrain with admirable scholarship. . . Echoing the response of many to Schumpeter's work there is much to agree with and to disagree with in Professor Reisman's fine book.' -- Greg Mahony, Economic Issues'Reisman provides a clear and highly informative synthesis of the main elements of Schumpeter's prolific output (comprising nine major books, more than two hundred papers and some ninety book reviews) and of the possibilities for its reconstruction as a unified whole . . . Above all, Reisman unpacks for a new generation why and how Schumpeter arrived at his evolutionary schema that capitalism's success formed the foundations for its eclipse by socialism.' -- Rodger Middleton, Enterprise & Society'The author uses rich, evocative language to portray the sweeping reality of Schumpeter's propositions. He strives to understand the enigma of the man and his diversity of thought, his command of many areas and unique insight into economic thought, without his being beholden to or constrained by a school of thought. The author displays wide-ranging knowledge that provides a pleasant backdrop against which to contrast Schumpeter's offerings. Schumpeter is dedicated, diverse and a conundrum, very capable, but ever his own man; he is melancholic but divisive, wishing to be liked but set on pushing the boundaries. This insightful book is effective in coming to terms with a paradox and a master in the field.' -- Troy P. Lynch, History of Economics Review'David Reisman's book, Schumpeter's Market, is a welcome addition to this growing field of research on Schumpeter's work and his influence on modern day economics. . . This book will be a reference to economists interested in the complexities of Schumpeter's work, especially in so far as markets, firms and evolution are concerned.' -- Frederic Sautet, EH.NetTable of ContentsContents: 1. Introduction 2. Schumpeter’s Vision 3. The Prediction of Change 4. The Capitalist Economy 5. Corporate Capitalism 6. The Sociology of Capitalism 7. The Socialist Economy 8. Market and Plan 9. The Sociology of Socialism 10. Continuity and Change 11. Continuity, Change and Socialism 12. The Macroeconomics of Success 13. The Cycle 14. Conclusion References Index

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Book SynopsisThroughout the 1990s the US expanded its lead over other advanced industrial nations in terms of conventionally measured per capita income. However, it is not clear that welfare levels in America have grown concomitantly with per capita income, or that Americans are necessarily better off than citizens of other advanced countries. The contributors to this volume investigate to what extent welfare has increased in the United States over the postwar period and provide a rigorous examination of both conventional measures of the standard of living, as well as more inclusive indices.The chapters cover such topics as: race, home ownership and family structure; the status of children; the consumer price index; a historical perspective on the standard of living; worker rights and labor strength in advanced economies. In addition, they explore two economic systems delivering the goods - the free enterprise system of the United States and the European social welfare state. They then present international comparisons and highlight the relative advantages and disadvantages of these two systems.This provocative and accessible volume answers the intriguing question posed by the title and will be of interest to economists, sociologists, policymakers and policy analysts, as well as students of these fields.Trade Review'The book is a rich source of information.' -- Piet Keiser, International Journal of Social Welfare'Especially useful to scholars is the in-depth description of methodology relating to the measures of well-being, the nature of the data, and terminology. A valuable addition to economic, sociological, and public policy collections. Highly recommended.' -- H.I. Liebling, ChoiceTable of ContentsContents: Preface by Dimitri B. Papadimitriou Introduction by Ajit Zacharias Part I: Living Standards in the United States 1. Recent Trends in Living Standards in the United States 2. Using Expenditures to Measure the Standard of Living in the United States: Does it Make a Difference? 3. Who has Benefited from Economic Growth in the United States since 1969? The Case of Children 4. Reassessing the Consumer Price Index: Five Years After the Boskin Commission Part II: International Comparisons of Living Standards 5. Has Economic Well-being Improved in Canada and the United States? 6. Comparing Living Standards Across Nations: Real Incomes at the Top, the Bottom, and the Middle Part III: Wealth and Living Standards 7. Race, Home Ownership, and Family Structure in Twentieth-century America 8. Living Standard Potential and the Transmission of Advantage in Chile Part IV: Other Dimensions in Measuring Well-being 9. Historical Perspective on the Standard of Living Using Anthropometric Data 10. Time Intensity and Well-being: What We Can Learn from Time-use Data 11. Measuring Worker Rights and Labor Strength in the Advanced Economies 12. Measuring Quality of Life with Local Indicators Index

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Book SynopsisThis book focuses on modelling in ecological economics and offers a comprehensive overview of current and emerging methods of applying mathematical, computational and conceptual methods to environmental issues. Following a detailed introduction, the authors investigate various modelling techniques including: evolutionary modelling input-output modelling neo-Austrian modelling entropy in ecological economics thermodynamic models multi-criteria evaluation agent-based modelling the environmental Kuznets curve. In each of the specially commissioned chapters, the expert authors have tried to limit the level of complexity to create a unique and accessible resource. As such, this book should have a wide appeal amongst scholars, researchers and students with an interest in modelling techniques and their use in ecological and environmental economics.Table of ContentsContents: Preface 1. An Introduction to Modelling in Ecological Economics 2. Evolutionary Models 3. Input–Output Models 4. Neo-Austrian Models 5. Entropy in Ecological Economics 6. Thermodynamic Models 7. Multi-Criteria Evaluation 8. Agent-Based Models 9. The Environmental Kuznets Curve Index

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Book SynopsisThe formation of preferences is an elusive subject that many social scientists, and especially economists, have tended to avoid. In this original new book, Wilfred Dolfsma combines institutional economics with insights from the other social sciences to analyse the way in which preferences are formed in a social context.The author demonstrates how preferences for specific goods, and symbolic goods in particular, are mediated through the institutional settings that both individuals and groups find themselves in. He develops a Social Value Nexus, which indicates how institutions relate to the socio-cultural values of a society. He goes on to argue that tensions at the institutional or socio-cultural level will alter the institutional setting and therefore affect preferences. The sudden and radical change in consumption patterns for music in the late 1950s and early 1960s provides convincing evidence of the author's claim. By focusing on an event with great societal significance and using unique empirical material, he skilfully elucidates the theoretical arguments made in the book.This study offers both a novel explanation of the formation of preferences and a significant elaboration of the economic theory of institutional change. It will engage and enlighten scholars and students of the social sciences, especially those with an interest in consumption, institutional economics, cultural studies and sociology.Trade Review‘Institutional Economics and the Formation of Preferences is an important contribution to cultural economics, thought provoking for anyone interested in any of the cultural industries.' -- Simon Frith, Journal of Cultural Economics'Wilfred Dolfsma has provided us with an important and pioneering investigation of the social construction of pop music as a symbolic good, drawing on institutional and social economic thinking regarding how socio-cultural values underlie the value/price system for music goods. A necessary resource for all those seeking to understand symbolic goods and the identities they help create.' -- John B. Davis, University of Amsterdam, The Netherlands and Marquette University, USTable of ContentsContents: Preface 1. The Amazing Advent of Pop Music 2. How Not to Explain the Advent of Pop Music 3. Consuming Symbolic Goods 4. Radio and Magazines: Valuing Pop Music Through Institutional Changes 5. Consuming Pop Music / Constructing a Life World 6. The Social Construction of Value 7. Conclusion: Forming Preferences, Valuing Pop Music References Index

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