Microeconomics Books
World Scientific Publishing Co Pte Ltd Contract, Governance And Transaction Cost
Book SynopsisThis book brings together a collection of seven papers on Transaction Cost Economics by Nobel Laureate Professor Oliver E Williamson. The applications of Transaction Cost Economics are extensive, ranging from the field of industrial organization and applied fields of economics such as labor, public finance, comparative economic systems and economic development, to the business fields of strategy, organizational behavior, marketing, finance, operations management, and accounting. In short, as Williamson states, 'any problem that originates as or can be reformulated as a contracting problem can be examined to advantage in transaction cost economizing terms.'What is referred to as New Institutional Economics is developed in the West in two mainly complementary ways: Property Rights Theory, and Transaction Cost Economics. Of the two, Property Rights Theory developed more rapidly. Transaction Cost Economics has nonetheless taken shape of late.In China, research on New Institutional Economics began in the 1990s and has grown rapidly since. China has similarly given much more attention to Property Rights Theory. Gengxuan Chen, the editor of this volume, recommends that China will benefit by bringing Transaction Cost Economics to bear. Simultaneously, for scholars who study the market economy, Transaction Cost Economics provides a very attractive way to explain the practice of the Chinese market economy.
£76.95
World Scientific Publishing Co Pte Ltd Singapore's Fiscal Strategies For Growth: A
Book SynopsisSingapore's fiscal strategies have helped sustain the country's growth as a small and open economy. This book is a pioneering effort in terms of providing a non-technical, holistic view of Singapore's strategies. The author, formerly Director of Fiscal Policy in Singapore's Ministry of Finance and the Principal Private Secretary to the President of Singapore, provides an insider's bird's eye view of how Singapore's fiscal strategies support monetary and economic policies, and address the needs of Singaporeans.The book is structured to explain how the various aspects of Singapore's fiscal policies inter-relate and work together as a functioning system, enabling the small city-state to prosper and progress since its independence in 1965. Besides providing a documentation of the development of Singapore's fiscal strategies over the years, the current and impending national challenges to be addressed by fiscal strategies are also discussed. The author also addresses the importance of culture to a nation's success, and highlights the impact of fiscal policy in this regard.
£57.00
World Scientific Publishing Co Pte Ltd Economics Of Small Business, The: An Introductory
Book SynopsisThis survey reviews research on the economics of small business, introducing key concepts for the understanding of the research, including some basic microeconomics, distribution functions, and concepts of entrepreneurship. Accessible to readers with elementary knowledge of economics and probability, the book is suitable as a text for an undergraduate course in the economics of small business. It also covers the economics of organization, the role of the family in small business, human capital and nonpecuniary motivation, together with the relationship of small business to entrepreneurship and growth. Public policy toward small business is discussed with an emphasis on the United States, together with comparisons and contrasts of many other countries.
£63.00
World Scientific Publishing Co Pte Ltd Pricing Non-marketed Goods Using Distance
Book SynopsisWritten by production economics and finance specialists Rolf Färe and Shawna Grosskopf of Oregon State University and Dimitris Margaritis of the University of Auckland, Pricing Non-marketed Goods Using Distance Functions, is an inspiring new contribution highlighting the importance of duality theory for valuation purposes, especially for hard to price inputs or resources, intended or unintended goods and assets. The theoretical pricing models are supplemented by self-standing empirical applications covering real estate pricing, environmental preservation, transfer pricing, shadow prices of university knowledge outputs and spillovers, and the pricing of bank equity capital and non-performing loans.
£66.50
World Scientific Publishing Co Pte Ltd Handbook Of Microfinance, The
Book SynopsisThe Handbook of Microfinance showcases an expansive collection of works from leading academics and field practitioners. In an attempt to understand the enormous gap between the limited number of clients that are currently benefiting from microfinance services, and the huge number of potential clients that are not, the selected contributions in this comprehensive handbook have one common thread: the prevailing mismatch between demand by clients of microfinance institutions and potential clients selecting themselves out for their demand for a wider array of financial products which is not being met.The scope of the book is wide, and explores successes and failures, main challenges and debates, methodologies for impact evaluation via random trials, leading trends in Asia versus Latin America, main efforts in Africa, the importance of value chains in Central America, ethical and gender issues, savings, microinsurance, governance, commercialization trends and the potential advantages and disadvantages of it. This exhaustive Handbook also features main lessons from informal finance and 19th-century credit cooperatives addressing the above-mentioned mismatch.Table of ContentsOn Mission Drift in Microfinance Institutions (B Armendariz & A Szafarz); Rural Microfinance & Agriculture Value Chains: Strategies and Perspectives of the Fondo de Desarrollo Local in Nicaragua (J Bastiaensen & P Marchetti); Insurance for the Poor: Definitions and Innovations (C Churchill); Microfinance Tradeoffs: Regulation, Competition, and Financing (R Cull et al.); Higher Education through Microfinance: The Case of Grameen Bank (A U Dowla); Spanning the Chasm: Uniting Theory and Empirics in Microfinance Research (G Fischer & M Ghatak); Microfinance in Bolivia: Foundation of the Growth, Outreach and Stability of the Financial System (C Gonzalez-Vega & M Villafani-Ibarnegaray); The Gender of Finance and Lessons for Microfinance (I Guerin); Understanding the Diversity and Complexity of Demand for Microfinance Services: Lessons from Informal Finance (I Guerin et al.); The Early German Credit Cooperatives and Microfinance Organizations Today: Similarities and Differences (T Guinnane); Social and Financial Efficiency of Microfinance Institutions (B Gutierrez-Nieto et al.); What External Control Mechanisms Help Microfinance Institutions Meet the Needs of Marginal Clientele? (V Hartarska & D Nadolnyak); The Performance of Microfinance Institutions: Do Macro Conditions Matter? (N Hermes & A Meesters); Ethics in Microfinance (M Hudon); Efficiency (M Hudon & B Balkenhol); Reaching the People Who Microfinance Cannot Reach: Learning from BRAC's Targeting the Ultra PoorA" Programme (D Hulme et al.); Microfinance Evaluation Strategies: Notes on Methodology and Findings (D Karlan & N Goldberg); Corporate Governance Challenges in Microfinance (M Labie & R Mersland); Social Investment in Microfinance: The Trade-off between Risk, Return and Outreach to the Poor (R Lensink & R Galema); Taking Gender Seriously: Towards a Gender Justice Protocol for Financial Services (L Mayoux); Is Microfinance the Adequate Tool to Finance Agriculture? (S Morvant-Roux); What is the Demand for Microcredit? The Case of Two Rural Areas in Morocco and Serbia (W Pariente); Oversight is a Many-Splendored Thing: Choice and Proportionality in Regulating and Supervising Microfinance Institutions (J K Rosengard); Boosting the Poor's Capacity to Save: Instalment Plans and Their Variants (S Rutherford); Corporate Responsibility Versus Social Performances and Financial Inclusion (J-M Servet); Microfinance - A Strategic Management Framework (G Stuart);
£142.20
World Scientific Publishing Co Pte Ltd Intermediate Microeconomics
Book SynopsisThis book provides a rigorous course to the theory of intermediate microeconomics. It includes not only the basic traditional theory, but also a “From the Literature” box in each chapter directing students to applications of the theory. The theory is developed axiomatically, with optional sections using one-variable calculus included for interested readers. A substantial number of homework problems are also interspersed throughout the text. Covering the essential topics of microeconomics, this book is highly suitable for a one-term class in microeconomics at the intermediate level.Table of ContentsSome Building Blocks; Review of Supply and Demand; Preferences, Utility, Demand; Income and Substitution Effects and Elasticity; Moving Toward Profit: The Firm's Costs; Profit Maximization: The Case of Competition; Monopoly; More Monopoly; Oligopoly; The Long-Run Competitive Model; Hiring Labor; General Equilibrium; Welfare Economics; Uncertainty.
£69.35
World Scientific Publishing Co Pte Ltd Priorities And Pathways In Services Reform - Part
Book SynopsisThis book presents a state-of-the-art evaluation of the benefits and costs of behind-the-border services reform. It introduces new, second-generation methods for quantifying regulatory barriers and applies those methods to a wide range of services sectors — financial, infrastructure and social — in a broad spectrum of countries. It uses advanced modeling techniques to project the sectoral, economy-wide and regional effects of services reforms, as well as highlight their adjustment costs. The empirical results offer fresh guidance to policy-makers, who need better information bases with which to prioritize services reforms and devise pathways to achieving them. The empirical methods provide invaluable tools to academics, researchers and policy advisors, who can use them to further improve those information bases. Priorities and Pathways in Services Reform: Part I — Quantitative Studies presents new methodological frameworks for assessing and prioritizing services reforms, and provides an up-to-date evaluation of the policy impacts across a range of services markets and countries. Part II — Political Economy furthers the conversation by analyzing what it takes for a reform to succeed.Table of ContentsMeasuring and Modelling Regulatory Restrictions in Services (Philippa Dee); Impact of Regulatory Barriers to Trade in Insurance Services (Philippa Dee and Huong Dinh); Impact of Regulatory Barriers to Trade in Banking Services (Huong Dinh); Regulatory Restrictions in Logistics Services (Claire Hollweg and Marn-Heong Wong); Impact of Air and Maritime Restrictions on International Transport Margins (Patricia Sourdin); Restructuring and Productivity in Rail Transport (Pedro Cantos, Jose M Pastor and Lorenzo Serrano); Sectoral Impacts of Reforms in Electricity and Gas Markets (Philippa Dee); Impact of Trade Barriers on the Productivity of Higher Education Institutions (Philippa Dee); Barriers to Trade in Healthcare Services in ASEAN Countries (Philippa Dee); Assessing Services Reform (Philippa Dee).
£112.50
World Scientific Publishing Co Pte Ltd Protecting The Environment, Privately
Book SynopsisMost volumes in the environmental economics literature consider the environment to be a public good and hence write out a role for the private sector in a source of supply. Yet there is ample evidence of the private sector being involved, driven both by profit and altruism. This book provides the necessary conceptual base for the inclusion of the private sector in the environmental protection supply equation and deliver an extensive set of examples in a wide range of contexts. In an economic climate where governments are attempting to reduce expenditures, the increased role for the private sector will be readily embraced by policy makers.The aim of the book is to establish the principles of markets in the provision of environmental protection and to provide an extensive experience-based set of contexts in which the private sector has acted to enhance the supply of environmental goods and services. These contexts include both pure-private sector initiatives in terrestrial, aquatic and marine ecosystems and public-private sector ‘joint initiatives’ such as payment for environmental services (PES) schemes.Table of ContentsThe Principles and Practice of Protecting the Environment Privately (Jeff Bennett); Dynamic Ecology and Dynamic Markets: The Role of Environmental Entrepreneurs (Terry L Anderson & Lawrence R Watson); Protected Areas: Public, Private or Partnerships (Jeff Bennett); Promoting Green Growth in Fisheries (R Quentin Grafton, Kathleen Segerson and Dale Squires); Markets for Biodiversity (Michael 't Sas-Rolfes); Non-government Provision of Environmental Water: A Case from the Murray-Darling Basin (Sue O'Keefe & Lin Crase); Private Sector Protection of Cultural Heritage (Ken Willis); Can Food Markets Result in Environmental Benefits? (Wendy Umberger, Sven Anders & Ellen Goddard); Payments for Environmental Services (PES) Schemes (Gabriela Scheufele); Exploring Private Roles in Environmental Watering in Australia and the US (Dustin Garrick & Erin O'Donnell); Additional Parties in Environmental Markets: Motivation, Operation and Future (Anthea Coggan); Using Auctions for Conservation: The Australian Experience (John Rolfe); Agri-environmental Schemes in Europe: Switching to Collective Action (Laure Kuhfuss, Philippe Le Coent, Raphaele Preget & Sophie Thoyer); The Role of Firms in Reducing Greenhouse Gas Emissions from Deforestation (Luca Tacconi); Mining Offsets in NSW (Robert Gillespie); Water Quality Trading (Suzie Greenhalgh & Mindy Selman);
£115.20
World Scientific Publishing Co Pte Ltd Decentralization In Infinite Horizon Economies
Book SynopsisDecentralization in Infinite Horizon Economies brings together a collection of essays that attempt to explore one of the basic themes in microeconomics — can a decentralized economy attain an efficient or optimal allocation of resources when it is allowed to evolve without a predetermined terminal date? The failure of a price-guided competitive system to ensure efficiency/Pareto optimality with an infinite horizon was exposed by Malinvaud and Samuelson. Subsequent research, reported in this volume, achieved a deeper understanding of the problem, and obtained definitive results that are of interest in a much broader framework.Table of ContentsDecentralization in Infinite Horizon Economies: An Introduction (Mukul Majumdar); Optimal Intertemporal Allocation Mechanisms and Decentralization of Decisions (Leonid Hurwicz and Mukul Majumdar); On Characterizing Optimal Competitive Programs in Terms of Decentralizable Conditions (Wiliam A Brock and Mukul Majumdar); Characterization of Intertemporal Optimality in Terms of Decentralizable Conditions: The Discounted Case (Swapan Dasgupta and Tapan Mitra); On Characterizing Optimality of Stochastic Competitive Processes (Yaw Nyarko); A Characterization of Infinite Horizon Optimality in Terms of Finite Horizon Optimality and a Critical Stock Condition (Tapan Mitra and Debraj Eay); A Necessary Condition for Decentralization and an Application to Intertemporal Allocation (Leonid Hurwicz and Hans F Weinberger); Decentralized Evolutionary Mechanisms for Intertemporal Economies: A Possibility Result (Venkatesh Bala, Mukul Majumdar and Tapan Mitra); Complements and Details (Mukul Majumdar); About the Book and Editor; List of Contributors;
£80.75
ISEAS The Comprehensive and Progressive Agreement for
Book SynopsisThe Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement involving major countries across the Asia Pacific region. The trade pact, which entered into force on 30 December 2018, is considered by many to be the ‘gold standard’, given its ambitious scope and depth. This volume offers multi-dimensional insights into the CPTPP and its impact on Southeast Asia. It begins with broad analyses covering the historical, economic and geopolitical aspects of the CPTPP. Subsequent chapters focus on the nature and implications of three key path-breaking provisions in the trade agreement, namely investor-state dispute settlement, intellectual property rights and state-owned enterprises. The effect of the CPTPP on Southeast Asia in terms of regional production networks is also examined from the perspective of Japanese multinational enterprises. The potential economic impact of the agreement is analysed for member countries (Vietnam and Malaysia) as well as countries that aspire to join the CPTPP in the future (Indonesia and Thailand).
£29.95
ISEAS From Free Port to Modern Economy: Economic
Book SynopsisThe 1950s saw Lim Chong Eu taking an increasingly central role in Malayan politics, moving from the exhilarating preparation for independence to him losing political influence by the end of the decade. The following decade saw him trying to revive his political fortunes, and finally succeeding at the ballot box in 1969. Becoming the Chief Minister of Penang State—retreating from national politics, as it were—provided him with the platform from which he would excel as nation builder and political leader. In the process, he contributed decisively to the industrialisation, not only of Penang but also of Malaysia as a whole. This collection of articles tells the story of how the declining fortunes of the port of Penang was turned around through daring and forceful leadership into the industrialised society that it is today.
£19.95
World Scientific Publishing Company Lectures In Production And Supply
Book Synopsis
£42.75
Mikel Sandór Piña El Demonio de los Aranceles
Book Synopsis
£13.35
