Microeconomics Books

Book SynopsisDetailed answer keys to all 140 self-assessment exercises and solutions to the 173 odd-numbered end-of-chapter exercises in Intermediate Microeconomic Theory.This book accompanies Ana Espinola-Arredondo and Felix Muñoz-Garcia's Intermediate Microeconomic Theory: Tools and Step-by-Step Examples, offering detailed answer keys to all 140 self-assessment exercises and solutions to the 173 odd-numbered end-of-chapter exercises. It provides readable step-by-step explanations and algebra support, enabling students to approach similar exercises on their own, emphasizing the economic intuition behind mathematical results.

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Book SynopsisAlan Griffiths is Reader in Economics at the Ashcroft International Business School, Anglia Ruskin University. Stuart Wall is Professor of Business and Economics Education at the Ashcroft International Business School, Anglia Ruskin University.Table of Contents Part I Micro Business Environment 1: Markets and resource allocation 2: Demand, revenue and consumer behaviour 3: Supply, production and cost 4: Business organisation, objectives and behaviour 5: Firm size, mergers and the ‘public interest’ 6: Market structures 7: Labour and other factor markets 8: Market failure, regulation and competition Part II Macro Business Environment 9: National income determination 10: Government policies: instruments and objectives 11: Political, legal, ecological and technological environment 12: Functions of management: domestic business environment 13: International business environment 14: Strategies in a globalised business environment Appendix 1 Indifference curves, budget lines and the 'law of demand' Appendix 2 Isoquants, isocosts and production References Answers to Stop and think and You try Index

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Book SynopsisAlan Griffiths, BA, MSc, is Reader in Economics in the Ashcroft International Business School, Anglia Ruskin University. Stuart Wall, BA, MSc, is Professor of Business and Economics Education in Anglia Ruskin University, and Head of the Department of International Business and Strategy. They are both authors of Economics for Business and Management', also published by Pearson. Table of ContentsGuided tour Preface Acknowledgements 1 Changes in the economic structure Structure defined Structural change in the UK &n

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Book SynopsisTable of ContentsPart I 1. Overview of Investment Banking 2. Regulation of the Securities Industry 3. Financings 4. Mergers and Acquisitions 5. Trading 6. Asset Management, Wealth Management and Research 7. Exchanges, Clearing and Settlement and Credit Rating Agencies 8. International Banking 9. Convertible Securities and Innovation 10. Investment Banking Careers, Opportunities and Issues Part II 11. Overview of Hedge Funds 12. Hedge Fund Investment Strategies 13. Shareholder Activism and Impact on Corporations 14. Risk, Regulation and Organizational Structure 15. Hedge Fund Performance and Issues 16. Overview of Private Equity 17. LBO Financial Model 18. Private Equity Impact on Corporations 19. Organization, Compensation, Regulation and Limited Partners 20. Private Equity Issues and Opportunities 21. Private Equity in China Cases 1. Investment Banking in 2008 (A): Rise and Fall of the Bear 2. Investment Banking in 2008 (B): A Brave New World 3. Freeport-McMoran: Financing an Acquisition 4. The Best Deal Gillette Could Get?: Procter & Gamble’s Acquisition of Gillette 5. A Tale of Two Hedge Funds: Magnetar and Peloton 6. Kmart, Sears and ESL: How a Hedge Fund Became One of the World’s Largest Retailers 7. McDonald’s, Wendy’s and Hedge Funds-Hamburger Hedging?: Hedge Fund Activisim 8. Porsche, Volkswagen and CSX: Cars, Trains and Derivatives 9. The Toys "R" Us LBO 10. Cerberus and the U.S. Auto Industry 11. H.J. Heinz M&A Transaction 12. Quintilles IPO Transaction 13. New Case on M&A Transaction Litigation

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Book SynopsisThoroughly examine how microeconomic principles apply to health care delivery and its policies with Henderson's insightful HEALTH ECONOMICS AND POLICY, 8E. Updates and expanded content help you explore the changing nature of health care, the social and political sides of issues and the future of health care delivery and finance as the U.S. transitions beyond the Affordable Care Act. You learn how to analyze public policy from an economic perspective as new content addresses today's policy environment and changes as well as reform alternatives. Special features address issues in healthcare today, profile health care leaders and offer global comparisons. A convenient new eBook format provides imbedded links to extra content. New appendices show you how to interpret empirical results and perform economic evaluations. This edition clearly introduces an engaging economic side of health care that's interesting no matter what your major or future plans.Table of ContentsPART I: The Relevance of Economics in Health and Medical Care. 1. U.S. Medical Care: A System at the Crossroads. 2. Health Care Spending Issues. 3. Health Care Markets: Can They Work? 4. Welfare Implications in Medical Markets. 5. Economic Evaluation in Health Care. PART II: Demand-Side Consideration. 6. Demand for Health and Medical Care. 7. Population Health. PART III: Supply-Side Consideration. 8. The Market for Health Insurance. 9. Managed Care. 10. The Physicians��� Services Market. 11. The Hospital Services Market. 12. Pharmaceuticals. PART IV: Public Policy in Medical Care Delivery. 13. Medicare. 14. Medicaid. 15. Health Systems in High Income Countries. 16. Medical Care Reform in the United States. 17. Lessons for Public Policy. Glossary. Index.

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Book SynopsisTable of ContentsPart I: INTRODUCTION. 1. Economic Models. 2. Mathematics Used in Microeconomics. Part II: DEMAND. 3. Utility and Choice. 4. Demand Curves. Part III: UNCERTAINTY AND STRATEGY. 5. Uncertainty. 6. Game Theory. Part IV: PRODUCTION, COSTS, AND SUPPLY. 7. Production. 8. Costs. 9. Profit Maximization and Supply. Part V: PERFECT COMPETITION. 10. Perfect Competition in a Single Market. 11. General Equilibrium and Welfare. Part VI: MARKET POWER. 12. Monopoly. 13. Imperfect Competition. Part VII: INPUT MARKETS. 14. Pricing in Input Markets. Appendix: Labor Supply. 15. Capital and Time. Appendix: Compound Interest. Part VIII: MARKET FAILURES. 16. Asymmetric Information. 17. Externalities and Public Goods. 18. Behavioral Economics.

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Book SynopsisModern Labor Economics: Theory and Public Policy is a leading text in labor economics. This fourteenth edition presents updated data throughout and a wealth of new examples, such as the impact of COVID-19 lockdowns, gig work, nudges, monopsony power, and the effect of machine learning on inequality.Trade ReviewPraise for the thirteenth edition: "Modern Labor Economics incorporates current policy issues while maintaining a strong focus on economic theory. The summaries of seminal academic works are indisputably important for bolstering student knowledge, and the inclusion of real-world applications makes the research far more comprehensible to a broader audience."Tongzhe Li, University of Delaware, USA"A classic in the field of labor economics. Indeed, as the title implies, Ehrenberg and Smith literally put the modern in labor economics as taught to undergraduates. Since first published in 1982, many competing textbooks in labor have come and gone. Ehrenberg and Smith, with impeccable writing, comprehensive coverage of the relevant topics, and intuitive application of economic analysis to the critical public policy problems of the day, has stood both the market test and the test of time." Kevin J. Murphy, Oakland University, Rochester Michigan, USATable of Contents1. Introduction; 2. Overview of the Labor Market; 3. The Demand for Labor; 4. Labor Demand Elasticities; 5. Frictions in the Labor Market; 6. Supply of Labor to the Economy: The Decision to Work; 7. Labor Supply: Household Production, the Family, and the Life Cycle; 8. Compensating Wage Differentials and Labor Markets; 9. Investments in Human Capital: Education and Training; 10. Worker Mobility: Migration, Immigration, and Turnover; 11. Pay and Productivity: Wage Determination Within the Firm; 12. Gender, Race, and Ethnicity in the Labor Market; 13. Unions and the Labor Market; 14. Unemployment; 15. Inequality in Earnings; 16. The Labor Market Effects of International Trade and Production Sharing

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Book SynopsisThe Economics of Banking provides an accessible overview of banking theory and practice. It introduces readers to the building blocks of fundamental theories and provides guidance on state-of-the-art research, reflecting the dramatic changes in the banking industry and banking research over the past two decades.This textbook explores market failure and financial frictions that motivate the role of financial intermediaries, explains the microeconomic incentives and behavior of participants in banking, examines microlevel market stress caused by economic recessions and financial crises, and looks at the role of monetary authorities and banking regulators to reduce systemic fragility as well as to improve macroeconomic stability. It delivers broad coverage of both the micro and macroeconomics of banking, central banking and banking regulation, striking a fine balance between rigorous theoretical foundations, sound empirical evidence for banking theories Table of ContentsPart I Introduction; 1. Introduction; Part II The Microeconomics of Banking; 2. Fragile Banks; 3. Information Frictions in Banking; 4. Industrial Organization of Banking; 5. Securitized Banking; 6. Complexity in Banking; Part III The Macroeconomics and Political Economy of Banking; 7. Central Banking; 8. The Banking-Macro Linkages; 9. International Banking; 10. Political Economy in Banking; Part IV The Economics of Banking Regulation; 11. Systemic Risks and Macroprudential Regulation; 12. Banking Regulation in Practice; Part V Appendix

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Book SynopsisEconomists have entered into the realm of sports to provide what they believe to be more cogent explanations for sport-related behaviour and to suggest ways in which incentives can improve sports outcomes. But prices and income, the traditional workhorses of conventional economics, can only provide partial explanations and understandings. Drawing on a bounded rationality approach to behavioural economics, this book demonstrates the analytical insights to be gained by supplementing the conventional economics toolbox with psychological, cognitive, sociological, and institutional factors.The international cast list of contributors cover a wide range of sports topics on which a behavioural approach can reveal new insights. These include preferences, managerial, efficiency, choking, doping, favouritism, athlete well- being, and spectator behaviour. Throughout the book, there is an emphasis on the cognitive limits to smart decision-making as well as the critical role played by the Table of ContentsChapter 1. Introduction: Behavioural Sports Economics Part 1The Big Picture Chapter 2. Sport as a Behavioural Economics Lab Chapter 3. Sports Performance, Procedural Rationality and Organizational Inefficiency Chapter 4. Institutional Dynamics in Sports – How Governance, Rules and Technology Interact Part 2Incentives, Governance, and Sports Behaviour Chapter 5. Wrong Behaviour Due to Wrong Incentives: How to Transform Doping into a Self-defeating Game Chapter 6. Discrimination, Disequilibrium and Disincentives: Behavioural Economics in Women’s Sport Chapter 7. Winner Alright? New Evidence on High-Stakes Bidding and Returns to Ownership in the Thoroughbred Horseracing Industry Part 3Momentum and Reference Points in Sports Behaviour Chapter 8. Does Psychological Momentum Differ for Home and Away Teams? Evidence from Penalty Shoot-Outs in European Cups Chapter 9. Reference Point Behaviour and Sports Chapter 10. The Importance of the Serve in Winning Points in Tennis: A Bayesian Analysis Using Data for the Two Winners of the 2019 French Open Singles Part 4Heuristics, Sports, Behaviour and Outcomes Chapter 11. Beauty, Preferences and Choice Exemplified in the Sports Market Chapter 12. Moneyball and Decision-Making Heuristics: An Intersection of Statistics and Practical Expertise Part 5Fans, Fan Behaviour, and Sports Outcomes Chapter 13. Reference Dependent Preferences, Outcome Uncertainty, and Sports Fan Behaviour: A Review of the Literature Chapter 14. Moving towards behavioural stadium attendance demand research: First lessons learned from exploring football spectator no-show behaviour in Europe Part 6Happiness, and Socioeconomics Determinants of Sports Participation Chapter 15. The Relationship of Happiness and Sport Chapter 16. Using Behavioral Economics to Improve Health Through Sports Participation and Physical Activity Chapter 17. Socio-Economic and Demographic Correlates of Sports Participation in Canada

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Book SynopsisHerbert Simon (1916-2001) is mostly celebrated for the theory of bounded rationality and satisficing. This book of essays on Models of Simon tackles these topics that the he broached in a professional career spanning more than 60 years. Expository material on the fundamental concepts he introduced are re-interpreted in terms of the theory of computability. This volume frames the behavioural issues of concern for economists, such as: hierarchy, causality, near-diagonal linear dynamical systems, discovery, the contrasts between the notion of heuristics, and the Church-Turing Thesis of Computability Theory. There is, consistently, an emphasis on the historical origins of the concepts Simon worked with, in emphasising Human Problem Solving and Decision Making â by rational individuals and institutions (like Organizations). The main feature of the results in the book are its emphasis on the procedural aspects of human problem solving, decision makinTable of Contents1. Introduction, 2. Herbert Simon: a life, 3. Classical - or Cognitive - Behavioural Economics (CBE) versus Modern Behavioural Economics (MBE), 4. The zeitgeist: cybernetics, servomechanisms, information, communication and computation, 5. Heuristics versus algorithms, 6. Computable and computational complexity theoretic bases for cognitive behavioural economics, 7. Notes on hierarchic, near-decomposable, causal, evolutionary dynamics: The Architecture of Complexity, 8. Gandy's Mechanisms Modelling the Rationality of Organizations by March & Simon, 9. Towards a Classical Behavioural Finance Theory, 10. Intuitionistic foundations for economic theory: a Brouwer-Simon research programme, 11. A crooked path along The Gravel Walks. Appendices. Index

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Book SynopsisHealth 4.0 is a term that has derived from the Fourth Industrial Revolution (Industry 4.0), as it pertains to the healthcare industry. This book offers a novel, concise, but at the same time, broad picture of the challenges that the technological revolution has created for the healthcare system.It offers a comprehensive view of health sector actors' interaction with the emerging new technology, which is disrupting the status quo in health service delivery. It explains how these technological developments impact both society and healthcare governance. Further, the book addresses issues related to key healthcare system stakeholders: the state, patients, medical professionals, and non-governmental organizations. It also examines areas of healthcare system adaptiveness and draws its conclusions by analysing recent health policy changes in different countries across the Americas, Europe, and Asia. The authors offer an innovative approach to the subject by identifying the critical Table of Contents1. The Fourth Industrial Revolution and the healthcare system 2. The transition from telemedicine and e‑health to Health 4.0 3. Technologies enhancing Health 4.0 4. The landscape of Health 4.0: Areas of application 5. Patient empowerment in Health 4.0 6. People with disabilities in the information society 7. Health 4.0 for the elderly: New challenges and opportunities for a smart system 8. Co-creation in Health 4.0 9. The implementation of new technologies in Health 4.0 in selected countries 10. The key factors of the healthcare system’s adaptiveness for Health 4.0 11. Financing Health 4.0 12. Law and Health 4.0 13. Human capital vs. Health 4.0 14. The role of civil society organisations in Health 4.0 service delivery: Examples from Poland 15. Recommendations for implementing Industry 4.0 in the healthcare system

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Book SynopsisApplying experimental methods has become one of the most powerful and versatile ways to obtain economic insights, and experimental economics has especially supported the development of behavioral economics. The Art of Experimental Economics identifies and reviews 20 of the most important papers to have been published in experimental economics in order to highlight the power and methods of this area, and provides many examples of findings in behavioral economics that have extended knowledge in the economics discipline as a whole.Chosen through a combination of citations, recommendations by scholars in the field, and voting by members of leading societies, the 20 papers under review some by Nobel prize-winning economists run the full gamut of experimental economics from theoretical expositions to applications demonstrating experimental economics in action. Also written by a leading experimental economist, each chapter provides a brief summary of the paper, makes tTrade Review"This is a terrific book. Experts in experimental economics summarize, contextualize and position 20 landmark papers. This book is a delight for both newcomers who want to learn quickly about the highlights of the field and for seasoned experimenters who will discover interesting new facts and insights on their favorite papers." Theo Offerman, Professor of Behavioral Game Theory, University of Amsterdam"What are some of the greatest papers in experimental economics and why? By having experienced researchers reevaluate highly cited and highly influential papers, this book offers insights into experimental research that no other book has provided."Jordi Brandts, Research Professor, Barcelona Graduate School of Economics and at Institut d ìAnàlisi Econòmica -- Consejo Superior de Investigaciones Científicas"This book provides clear summaries of 20 classic economic experiments, along with interesting discussions of their impact and subsequent work. It is a great way for economists to get a sense of what experimental economics is about, and it will be a great supplement to any class on the topic. Highly recommended!" Drew Fudenberg, Paul A. Samuelson Professor of Economics, Massachusetts Institute of Technology"This is a terrific book. Gary Charness and Mark Pingle have selected 20 landmark papers in experimental economics. Experts wrote essays about these papers, in which they summarize, contextualize, and position the papers. This book is a delight for both newcomers who want to learn quickly about the highlights of the field and for seasoned experimenters who will discover interesting new facts and insights on their favorite papers."Theo Offerman, Professor of Behavioral Game Theory, University of Amsterdam"What are some of the greatest papers in experimental economics and why? By having experienced researchers reevaluate highly cited and highly influential papers, this book offers insights into experimental research that no other book has provided."Jordi Brandts, Research Professor, Barcelona Graduate School of Economics and Institut d ìAnàlisi Econòmica – Consejo Superior de Investigaciones Científicas"This book provides clear summaries of 20 classic economic experiments, along with interesting discussions of their impact and subsequent work. It is a great way for economists to get a sense of what experimental economics is about, and it will be a great supplement to any class on the topic. Highly recommended!"Drew Fudenberg, Paul A. Samuelson Professor of Economics, Massachusetts Institute of TechnologyTable of Contents(1) Introducing 20 Top Papers and their Reviewers (2) An Experimental Study of Competitive Market Behavior (by Vernon L. Smith) (3) The Strategy Method as an Instrument for the Exploration of Limited Rationality in Oligopoly Game Behavior (by Reinhard Selten) (4) An Experimental Analysis of Ultimatum Bargaining (by Werner Güth, Rolf Schmittberger and Bernd Schwarze) (5) The Winner’s Curse and Public Information in Common Value Auctions (by John H. Kagel and Dan Levin) (6) Group Size Effects in Public Goods Provision: The Voluntary Contributions Mechanism (by R. Mark Isaac and James M. Walker) (7) Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets (by Charles R. Plott and Shyam Sunder) (8) Experimental Tests of the Endowment Effect and the Coase Theorem (by Daniel Kahneman, Jack L. Knetsch, Richard H. Thaler) (9) Bargaining and Market Behavior in Jerusalem, Ljubljana, Pittsburgh and Tokyo: An Experimental Study (by Alvin E. Roth, Vesna Prasnikar, Masahiro Okuno-Fujiwara and Shmuel Zamir) (10) Unraveling in Guessing Games: An Experimental Study (by Rosemarie Nagel) (11) Trust, Reciprocity, and Social History (by Joyce Berg, John Dickhaut, and Kevin McCabe) (12) Cooperation and Punishment in Public Goods Experiments (by Ernst Fehr and Simon Ga ̈chter) (13) A Fine is a Price (by Uri Gneezy and Aldo Rustichini) (14) Giving according to GARP: An Experimental Test of the Consistency of Preferences for Altruism (by James Andreoni and John Miller) (15) Risk Aversion and Incentive Effects (by Charles Holt and Susan Laury) (16) Does market experience eliminate market anomalies? (by John A. List) (17) Promises and Partnership (by Gary Charness and Martin Dufwenberg) (18) The Hidden Costs of Control (by Armin Falk and Michael Kosfeld) (19) Do Women Shy Away from Competition? Do Men Compete Too Much? (by Muriel Niederle and Lise Vesterlund) (20) Group Identity and Social Preferences (by Yan Chen and Sherry X. Li) (21) Lies in Disguise—An Experimental Study on Cheating (by Urs Fischbacher and Franziska Föllmi-Heusi)

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Book SynopsisApplying experimental methods has become one of the most powerful and versatile ways to obtain economic insights, and experimental economics has especially supported the development of behavioral economics. The Art of Experimental Economics identifies and reviews 20 of the most important papers to have been published in experimental economics in order to highlight the power and methods of this area, and provides many examples of findings in behavioral economics that have extended knowledge in the economics discipline as a whole.Chosen through a combination of citations, recommendations by scholars in the field, and voting by members of leading societies, the 20 papers under review some by Nobel prize-winning economists run the full gamut of experimental economics from theoretical expositions to applications demonstrating experimental economics in action. Also written by a leading experimental economist, each chapter provides a brief summary of the paper, makes tTrade Review"This is a terrific book. Experts in experimental economics summarize, contextualize and position 20 landmark papers. This book is a delight for both newcomers who want to learn quickly about the highlights of the field and for seasoned experimenters who will discover interesting new facts and insights on their favorite papers." Theo Offerman, Professor of Behavioral Game Theory, University of Amsterdam"What are some of the greatest papers in experimental economics and why? By having experienced researchers reevaluate highly cited and highly influential papers, this book offers insights into experimental research that no other book has provided."Jordi Brandts, Research Professor, Barcelona Graduate School of Economics and at Institut d ìAnàlisi Econòmica -- Consejo Superior de Investigaciones Científicas"This book provides clear summaries of 20 classic economic experiments, along with interesting discussions of their impact and subsequent work. It is a great way for economists to get a sense of what experimental economics is about, and it will be a great supplement to any class on the topic. Highly recommended!" Drew Fudenberg, Paul A. Samuelson Professor of Economics, Massachusetts Institute of Technology"This is a terrific book. Gary Charness and Mark Pingle have selected 20 landmark papers in experimental economics. Experts wrote essays about these papers, in which they summarize, contextualize, and position the papers. This book is a delight for both newcomers who want to learn quickly about the highlights of the field and for seasoned experimenters who will discover interesting new facts and insights on their favorite papers."Theo Offerman, Professor of Behavioral Game Theory, University of Amsterdam"What are some of the greatest papers in experimental economics and why? By having experienced researchers reevaluate highly cited and highly influential papers, this book offers insights into experimental research that no other book has provided."Jordi Brandts, Research Professor, Barcelona Graduate School of Economics and Institut d ìAnàlisi Econòmica – Consejo Superior de Investigaciones Científicas"This book provides clear summaries of 20 classic economic experiments, along with interesting discussions of their impact and subsequent work. It is a great way for economists to get a sense of what experimental economics is about, and it will be a great supplement to any class on the topic. Highly recommended!"Drew Fudenberg, Paul A. Samuelson Professor of Economics, Massachusetts Institute of TechnologyTable of Contents(1) Introducing 20 Top Papers and their Reviewers (2) An Experimental Study of Competitive Market Behavior (by Vernon L. Smith) (3) The Strategy Method as an Instrument for the Exploration of Limited Rationality in Oligopoly Game Behavior (by Reinhard Selten) (4) An Experimental Analysis of Ultimatum Bargaining (by Werner Güth, Rolf Schmittberger and Bernd Schwarze) (5) The Winner’s Curse and Public Information in Common Value Auctions (by John H. Kagel and Dan Levin) (6) Group Size Effects in Public Goods Provision: The Voluntary Contributions Mechanism (by R. Mark Isaac and James M. Walker) (7) Rational Expectations and the Aggregation of Diverse Information in Laboratory Security Markets (by Charles R. Plott and Shyam Sunder) (8) Experimental Tests of the Endowment Effect and the Coase Theorem (by Daniel Kahneman, Jack L. Knetsch, Richard H. Thaler) (9) Bargaining and Market Behavior in Jerusalem, Ljubljana, Pittsburgh and Tokyo: An Experimental Study (by Alvin E. Roth, Vesna Prasnikar, Masahiro Okuno-Fujiwara and Shmuel Zamir) (10) Unraveling in Guessing Games: An Experimental Study (by Rosemarie Nagel) (11) Trust, Reciprocity, and Social History (by Joyce Berg, John Dickhaut, and Kevin McCabe) (12) Cooperation and Punishment in Public Goods Experiments (by Ernst Fehr and Simon Ga ̈chter) (13) A Fine is a Price (by Uri Gneezy and Aldo Rustichini) (14) Giving according to GARP: An Experimental Test of the Consistency of Preferences for Altruism (by James Andreoni and John Miller) (15) Risk Aversion and Incentive Effects (by Charles Holt and Susan Laury) (16) Does market experience eliminate market anomalies? (by John A. List) (17) Promises and Partnership (by Gary Charness and Martin Dufwenberg) (18) The Hidden Costs of Control (by Armin Falk and Michael Kosfeld) (19) Do Women Shy Away from Competition? Do Men Compete Too Much? (by Muriel Niederle and Lise Vesterlund) (20) Group Identity and Social Preferences (by Yan Chen and Sherry X. Li) (21) Lies in Disguise—An Experimental Study on Cheating (by Urs Fischbacher and Franziska Föllmi-Heusi)

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Book SynopsisDiscounted bundle of Intermediate Microeconomics with Calculus by Varian, packaged with a supplemental book of problems and exercises keyed to the text.

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Book SynopsisA supplemental book of problems and exercises keyed to the text. Workouts is a straightforward, proven solution for instructors who want to help students apply the tools of the course and for students who want extra practice developing these skills.

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Book SynopsisMicroeconomic Analysis has been a fixture of graduate programs in economics for fifteen years, providing unique authority, clarity, and breadth of coverage.

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Book SynopsisConsumer Culture Reborn focuses on consumption as the point at which economy and culture combine. The book draws the often polarised discourses of political economy and cultural studies closer together in a historical context as a means of understanding our social situations as we approach the end of the millenium. Taking as its central theme the ability of the capitalist mode of production to transform the material and social world which sustains it, the book focuses on some of the ways in which this transformational impulse has altered the means by which ordinary people reproduce their life and their patterns of life. Neither a history book, nor simply a book of theory, Consumer Culture Reborn fuses elements of economic, social and cultural theory in an historical perspective.Table of ContentsPreface: The soul of things, Part I Preliminaries: perspectives on capital, consumption and culture, Part II The social transformations of capital, Bibliography, Index

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Book SynopsisHerbert Simon (1916-2001) is mostly celebrated for the theory of bounded rationality and satisficing. This book of essays on Models of Simon tackles these topics that the he broached in a professional career spanning more than 60 years. Expository material on the fundamental concepts he introduced are re-interpreted in terms of the theory of computability. This volume frames the behavioural issues of concern for economists, such as: hierarchy, causality, near-diagonal linear dynamical systems, discovery, the contrasts between the notion of heuristics, and the Church-Turing Thesis of Computability Theory. There is, consistently, an emphasis on the historical origins of the concepts Simon worked with, in emphasising Human Problem Solving and Decision Making â by rational individuals and institutions (like Organizations). The main feature of the results in the book are its emphasis on the procedural aspects of human problem solving, decision making and tTable of Contents1. Introduction, 2. Herbert Simon: a life, 3. Classical - or Cognitive - Behavioural Economics (CBE) versus Modern Behavioural Economics (MBE), 4. The zeitgeist: cybernetics, servomechanisms, information, communication and computation, 5. Heuristics versus algorithms, 6. Computable and computational complexity theoretic bases for cognitive behavioural economics, 7. Notes on hierarchic, near-decomposable, causal, evolutionary dynamics: The Architecture of Complexity, 8. Gandy's Mechanisms Modelling the Rationality of Organizations by March & Simon, 9. Towards a Classical Behavioural Finance Theory, 10. Intuitionistic foundations for economic theory: a Brouwer-Simon research programme, 11. A crooked path along The Gravel Walks. Appendices. Index

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Book SynopsisAny experimental field consists of preparing special conditions for examining interesting objects for research. So naturally, the particular ways in which scientists prepare their objects determine the kind and the content of knowledge produced. This book provides a framework for the analysis of experimental practices - the Social Epistemology of Experiment - that incorporates both the material' and the social' dimensions of knowledge production. The Social Epistemology of Experiment is applied to experimental economics and in so doing, it introduces the epistemic role of the participation of human subjects in experiments and the causal efficacy of institutions in constraining and enabling human behaviour. It also develops the role of the social and socially established practices in overcoming the methodological difficulties associated with experimenting with humans subjects in the social sciences as well as the effect of scientists' interventions in the laboratory worlds. Table of Contents1. Introduction: Epistemology, Experiments and Economics Part I The Social Epistemology of Experiment 2. Creating Phenomena in the Lab 3. Creating Microeconomic Phenomena 4. Intervening in the ‘Material World’ 5. Intervening in the ‘Social World’ 6. The Social Epistemology of Experiment Part II The Social Epistemology of Experimental Economics 7. The Foundation of Experimental Economics 8. Early Methodological Debate in Experimental Economics 9. Economics Experiments and the Real World 10. Human Agency (or lack thereof) in Economics Experiments 11. Behavioural Experiments: How Economists Learn about Human Behaviour 12. Preference Reversals and Critical Practice in Economics 13. Conclusion: What about the Social Epistemology of Experiment?

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Book SynopsisThis book showcases recent advances in the theoretical and empirical understanding of the economic aspects of organised crime and illegal markets. It provides new insights into defining and quantifying the influence of organised crime by drawing on innovative approaches to studying criminal networks and organisations such as the Hells Angels. The book includes analysis of the structure of illegal drug markets from international leaders in the field. Finally the text includes empirical case studies of the diverse markets where organised crime is currently active including the illegal market for crystal methamphetamine in Australia, tiger products in China and the falcon and fur trades in Russia. This book was based on a special issue of Global Crime.Table of Contents1. Introduction: Illegal markets and the economics of organized crime Martin Bouchard and Chris Wilkins 2. What is a criminal organization and why does the law care? Philip A. Curry and Steeve Mongrain 3. The size and influence of a criminal organization: a criminal achievement perspective Pierre Tremblay, Martin Bouchard and Sevrine Petit 4. Understanding optimal criminal networks Stephen T. Easton and Alexander K. Karaivanov 5. How illegal drugs enter an island country: insights from interviews with incarcerated smugglers Jonathan P. Caulkins, Honora Burnett and Edward Leslie 6. Economic analysis of drug transaction ‘cycles’ described by incarcerated UK drug dealers Jonathan P. Caulkins, Benjamin Gurga and Christopher Little 7. The market for crystalline methamphetamine in Sydney, Australia Rebecca McKetin, Jennifer McLaren, Erin Kelly and Jenny Chalmers 8. The black market in China for tiger products Brendan Moyle 9. Exploring the organization of Russia Far East’s illegal wildlife trade: two case studies of the illegal fur and illegal falcon trades Tanya Wyatt

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Book SynopsisMajumdar Mukul has been a recognized authority in the field of general equilibrium theory for some years now. In this important new book, he takes the pulse of the field – still fundamental to economic theory as a whole.Trade ReviewProfessor Majumdar has given us an admirable and unified account of general economic equilibrium theory, both as it was developed by Arrow and Debreu and their contemporaries, and beyond them to more recent developments. These latter topics comprise generalizations of the theory of "complete markets" in various directions, as well as developments of more realistic models embracing incomplete and sequential markets with stochastic perturbations. This volume will serve well, both as a reference book on this now voluminous subject, and a rigorous textbook for an advanced course on general equilibrium theory. Roy RadnerStern School, New York UniversityThis book contains an up to date and lucid presentation of all important topics in general equilibrium theory. It starts with the classical results of Arrow and Debreu and covers many dynamic models, general equilibrium under uncertainty, and economies with an infinite dimensional commodity space among other topics. The book is also unique in some respects: It contains chapters on infinite horizon economies and on axiomatization of the Walras correspondence. It is an excellent treatment of modern general equilibrium theory. In particular, it is one of the best available expositions of general equilibrium under uncertainty.Bezalel PelegThe Hebrew University of JerusalemTable of Contents1 Equilibrium and Welfare; 2 Finiteness and Comparative Statics; 3 Chaotic Tatonnement; 4 Special Structures; 5 Decentralization in Infinite Horizon Economies; 6 General Equilibrium under Uncertainty: Complete Markets; 7 Radner Equilibrium; 8 Survival: Random Exchange Economies; 9 Equilibrium with an Infinite Number of Commodities

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Book SynopsisResearch in macroeconomics in the last thirty years has featured, almost exclusively on two characteristics: an emphasis on the microfoundations of macroeconomics and secondly, intertemporal economics, that is, the behavior of economic actors over time. Curiously, textbooks in intermediate macroeconomics have been very slow to adopt these traits.The aim of this book is to bring intermediate instruction in macroeconomics fully into line with the direction taken by the research community. Key hallmarks of the text include: a full introduction to the microfoundations of consumption and investment a complete model of the labor market with profit maximization for firms to determine labor demand and a utility maximization model to determine labor supply an analysis of the Baumol-Tobin model to determine money demand accompanied by a discussion of traditional money supply Possessing a full range of additional learning features including a companion website, test bank and instructorâs manual, the book takes an international view of macroeconomics with case studies and examples from the United States and beyond.Trade Review"Rossana has written a book that explains Macroeconomics very lucidly and in a very reader-friendly style. Covering Macroeconomics in a fair and balanced way with models from the major macroeconomic schools of thought and providing micro-foundations to the models, the book will be the text of choice for students who want to learn Intermediate Macroeconomics." – Tan Kim Heng, Nanyang Technological University"This text is about making learning happen for students studying macroeconomics. It strikes the right balances between learning and applying economics. Macroeconomic theory is explained in a straightforward way and is brought to life using empirical evidence. The text enables students to do economics by using copious examples to aid students work through a variety of policy exercises. I recommend this book for students undertaking a single honours or joint degree in economics related courses as well as a useful resource for Post Graduate students." – Dr. Offiong Helen Solomon, London Metropolitan University, UK"This book is well written, and introduces students to the microeconomic foundations of macroeconomics. It contains many real world applications that demonstrate the relevance of macroeconomics to everyday life." – Prof. Joseph DeJuan, University of Waterloo, CanadaTable of ContentsPart 1: Preliminary Concepts and Measurement, 1. An Introduction to Macroeconomics, 2. Measuring Macroeconomic Data, 3. Business Cycle Measurement, Part 2: Microfoundations, 4. Consumption, 5. Investment, 6. Government, 7. Money, 8. The Labor Market, Part 3: Long Run Models of the Economy, 9. A Classical Model of the Aggregate Economy, 10. Economic Growth, Part 4: Short Run Models of the Economy, 11. Aggregate Demand, 12. Models of Cyclical Fluctuations, 13. The Phillips Curve and Expectation Formation, 14. Macroeconomic Policy, 15. Macroeconomics in an Open Economy

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Book SynopsisAlthough political rhetoric and public perception continue to assume that the United States is the very definition of a free market economy, a different system entirely has in actuality come to prominence over the past half century.This Corporate Welfare Economy (CWE) has come about as government come increasingly under the influence of corporate interests and lobbyists, with supposedly equalising factors such as regulation skewed in order to suit the interests of the privileged while an overwhelming majority of US citizens have experienced a decline in their standard of living. James Angresano examines the characteristics of this mode of capitalism, both from the theoretical point of view but also with key reference to the different sectors of the economy â trade, manufacturing, industry and defense among them.Trade Review'How is it that Americans have become poorer and poorer over recent decades? Author James Angresano is back, relying upon his rich background in Comparative Economics to establish the roots of our decline. He establishes that the American economy has indeed evolved. Through the evolution of our institutions we are now subjects of a new regime, what Angresano describes as the “CWE.” This is short for the “Corporate Welfare Economy.” And, the emergence of this institution is what has left the earnest and hard working Americans waiting and hoping that some crumbs might fall to us from the corporate table.' — Professor John Hall, Portland State University, USATable of ContentsIntroduction 1. The Corporate Welfare Economy 2. Indicators 3. The Nexus 4. Shaping Discourse 5. Trading Favors 6. Recognize

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Book SynopsisA comprehensive review of the techniques and applications of descriptive analysis Sensory evaluation is a scientific discipline used to evoke, measure, analyse and interpret responses to products perceived through the senses of sight, smell, touch, taste and hearing. It is used to reveal insights into the ways in which sensory properties drive consumer acceptance and behaviour, and to design products that best deliver what the consumer wants. Descriptive analysis is one of the most sophisticated, flexible and widely used tools in the field of sensory analysis. It enables objective description of the nature and magnitude of sensory characteristics for use in consumer-driven product design, manufacture and communication. Descriptive Analysis in Sensory Evaluation provides a comprehensive overview of a wide range of traditional and recently-developed descriptive techniques, including history, theory, practical considerations, statistical analysis, applications, case studies and future Table of ContentsEditor Biographies, ix List of Contributors, xi Preface to the Series, xv Preface, xix Section 1: Introduction 1 Introduction to Descriptive Analysis, 3Sarah E. Kemp, May Ng, Tracey Hollowood and Joanne Hort 2 General Considerations, 41Sylvie Issanchou 3 Setting Up and Training a Descriptive Analysis Panel, 81Margaret A. Everitt 4 Panel Quality Management: Performance, Monitoring and Proficiency, 113Carol Raithatha and Lauren Rogers 5 Statistical Analysis of Descriptive Data, 165Anne Hasted Section 2: Techniques 6 Consensus Methods for Descriptive Analysis, 213Edgar Chambers IV 7 Original Flavor and Texture Profile and Modified/Derivative Profile Descriptive Methods, 237Alejandra M. Muñoz and Patricia A. Keane 8 Quantitative Descriptive Analysis, 287Joel L. Sidel, Rebecca N. Bleibaum and K.W. Clara Tao 9 Spectrum™ Method, 319Clare Dus, Lee Stapleton, Amy Trail, Annlyse Retiveau Krogmann and Gail Vance Civille 10 Quantitative Flavour Profiling, 355Sophie Davodeau and Christel Adam 11 A5daptive Profile Method®, 389Alejandra M. Muñoz 12 Ranking and Rank-Rating, 447Graham Cleaver 13 Free Choice Profiling, 493Pieter H. Punter 14 Flash Profile Method, 513Wender L.P. Bredie, Jing Liu, Christian Dehlholm and Hildegarde Heymann 15 Projective Mapping & Sorting Tasks, 535Dominique Valentin, Sylvie Chollet, Michael Nestrud and Hervé Abdi 16 Polarized Sensory Positioning, 561Gastón Ares, Lucía Antúnez, Luis de Saldamando and Ana Giménez 17 Check-All-That-Apply and Free Choice Description, 579Dominic Buck and Sarah E. Kemp Section 3: Applications 18 Application of Descriptive Sensory Analysis to Food and Drink Products, 611Cindy Beeren 19 Application of Descriptive Analysis to Non-Food Products, 647Anne Churchill and Ruth Greenaway Section 4: Summary 20 Comparison of Descriptive Analysis Methods, 681Alejandra M.

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Book SynopsisIt is now almost twenty years since liberalisation and the introduction of competition was proposed for electricity utilities. Some form of restructuring has been widely adopted around the world to suit local objectives. The industry now faces new challenges associated with global warming, rising prices and escalating energy demand from developing countries like China and India. The industry will have to cope with; managing emissions; managing variable energy sources like wind, dev eloping clean coal technology; accommodating distributed generation and new nuclear stations and managing the impact of these developments on the distribution and transmission networks. It is now necessary to consider how the various market structures that were adopted have performed and how they will address some of these new issues and what further changes might be necessary. This volume presents an all-inclusive analysis of the electricity market structures that have been adopted around the world and Trade Review?This is a remarkable book which provides essential data for any informed discussion of this vital problem that is so often dominated by ill-informed debate.? (Oxford Prospect, August 2009) "Murray's overview of the link between engineering and economics in the energy sector provides a timely look at the big challenge for the global power industry.... [It] provides a sound bases for anyone involved in the wider debate on how the market should be shaped." (Engineering and Technology, May 2009) "Murray's overview of the link between engineering and economics in the energy sector provides a timely look at the big challenge for the global power industry ? .[It] provides a sound bases for anyone involved in the wider debate on how the market should be shaped." (Engineering and Technology, May 2009)Table of ContentsContents Foreword Preface Part One Industry Infrastructure Chapter 1 Approach to Restructuring 1.1 Introduction 1.2 Industry Physical Structure 1.3 Introduction of Competition 1.4 Restructuring Options 1.5 Comparison of Structures 1.6 Summary Chapter 2 Market Mechanisms 2.1 Introduction 2.2 Market Participants 2.3 Market Mechanisms 2.4 Market Implementation 2.5 Price Analysis 2.6 Summary Part Two The Cost Chain Chapter 3 Basic Generation Energy Costs 3.1 Introduction 3.2 Cost Components 3.3 Practical Operating Efficiencies 3.4 Impact of Utilisation on Costs 3.5 Comparison of Generation Costs 3.6 International Comparisons 3.7 Summary Chapter 4 Alternative Energy Sources 4.1 Introduction 4.2 Competing Sources 4.3 Current Production Europe 4.4 Incentive Schemes 4.5 Market Pricing 4.6 The Economics of Alternative Sources 4.7 Comparisons 4.8 Summary Chapter 5 Emissions 5.1 Introduction 5.2 Emission Trading Schemes (ETS) 5.3 Large Combustion Plant Directive (LCPD) 5.4 Generation CO2 Emissions 5.5 Production Costs 5.6 National Allocation Plans 5.7 Market Operation 5.8 Impact of Capacity Mix 5.9 International Approach 5.10 Summary Chapter 6 Transmission 6.1 Introduction 6.2 Impact of Transmission Constraints in Markets 6.3 Transmission Charging 6.4 Derivation of Use of System Charges 6.5 International Tariff Comparisons 6.6 Transmission Investment 6.7 Interconnection Investment Appraisal 6.8 International Practice 6.9 Summary Chapter 7 Distribution 7.1 Introduction 7.2 Market Status 7.3 Commercial Arrangements 7.4 Metering and Balancing 7.5 Cost of Distribution 7.6 Distribution Tariffs 7.7 OPEX Regulation 7.8 Capex Regulation 7.9 Business Risk 7.10 Distributed Generation 7.11 Summary Chapter 8 End User Charges and Prices 8.1 Introduction 8.2 Price Comparisons 8.3 End user Energy Prices 8.4 Total End User Prices 8.5 Tariff Development 8.6 Customer Switching 8.7 Summary Part Three Market Operation Chapter 9 Market Trading 9.1 Introduction 9.2 European Markets 9.3 Developing Markets – China 9.4 Market Power 9.5 Trading Arrangements 9.6 Bilateral Trading 9.7 Balancing Market 9.8 Exchange Trading 9.9 Supplier Risk 9.10 Generation Risk 9.11 Market Interaction 9.12 Arbitrage Spark Spread 9.13 Summary Chapter 10 Market Analysis 10.1 Introduction 10.2 Modelling Overview 10.3 Dispatch Market Simulation 10.4 Load Duration Model 10.5 Hydro Generation 10.6 Interconnection Modelling 10.7 Predicting Demand Data 10.8 Generation data 10.9 Calculations 10.10 Price Duration Curve 10.11 Statistical Forecasting 10.12 Predicting New Entry 10.13 Summary Chapter 11 Ancillary Service Markets 11.1 Introduction 11.2 Ancillary Service Requirements 11.3 Market Volume 11.4 Procurement Process 11.5 Cost of Providing Services 11.6 Predicting Revenues 11.7 Summary Chapter 12 Cross-border Trading 12.1 Introduction 12.2 Governance 12.3 Cross-border Capacity 12.4 New Investment 12.5 Managing Operation 12.6 Capacity Auctions 12.7 Security 12.8 Charging for Wheeling 12.9 International Trading Development 12.10 Summary Chapter 13 Investment Appraisal 13.1 Introduction 13.2 Overall Analysis 13.3 Analysis of Options 13.4 Plant Costs 13.5 Predicting Revenue 13.6 Bidding/Contracting Strategy 13.7 Evaluating Risk 13.8 Summary Part Four Market Development Chapter 14 Market Performance 14.1 Introduction 14.2 Performance Criteria 14.3 Market Shortcomings 14.4 Performance Assessment 14.5 Performance Improvement 14.6 Summary Chapter 15 Market Developments 15.1 Introduction 15.2 Generation Developments 15.3 Future Plant Mix 15.4 Transmission and Distribution Grids 15.5 Carbon Capture and Storage 15.6 Market Implications 15.7 Summary Chapter 16 Long-term Scenarios 16.1 Introduction 16.2 Emissions 16.3 Alternative Energy Sources 16.4 The Nuclear Option 16.5 Fuel Prices 16.6 Fuel Supply Security 16.7 System Security 16.8 Clean Coal Technology 16.9 Network Developments 16.10 International Commodity and Freight Markets 16.11 Competition 16.12 Conclusions Glossary References Appendix Conversion Tables Index

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Book SynopsisThis is the first book to address the issues of affordable power, sustainable energy, and reduced environmental impact through the science of energy pricing. Looking at the availability of natural resources from an engineering perspective, and determining how they can be priced to achieve sustainability in the energy sector, is the aim of this groundbreaking new work. Most current models used in energy pricing are based on linear analyses. While these models work well for targeted scenarios within a short time frame, they do not provide one with a scientific tool that can include many facets of the information age. The existing models do not include environmental sustainability in an integrated fashion. This is mainly because environmental costs are still considered to be intangible, and intractable with conventional economic analysis tools. Though one existing model acknowledges some possible theoretical truth to concerns expressed about the onset of ''peak oil''the pTrade Review“The book will be invaluable to engineers, managers, economists, and scientists working in the energy industry and economists and engineers working on sustainability, whether in industry or research.” (Chemistry & Industry, 1 January 2013) Table of ContentsAcknowledgements xiii Preface xv Introduction 1 0.1 Requirements of a Sustainable Energy Pricing Model 9 0.2 Outline of the Contents of this Volume 30 1. Fundamental Notions 37 1.1 "Energy Crunch" or: The Problems and Issues of Modeling an Energy Price 39 1.2 Matter, Energy, and Efficiency from Scientific Standpoint 66 1.3 Truth as a Scientific Frame of Reference 69 1.4 Phenomenally-based Sustainability: The Nature-science Criterion 80 1.5 Value Assessment, Value Addition and Phenomenally-based Energy Pricing 94 1.6 Newtonian 'Mechanism' and Mystification of How Value is Transformed into Price 104 1.7 Risk Assessment & Management and Aphenomenal Energy Pricing 107 1.8 The Temporal Criterion of Long-term Sustainability and its Implications 116 2. Newtonian Mechanism and Deconstruction of Scientific Disinformation 137 2.1 Introduction 139 2.2 Einstein's Relativity and Newton's Mechanism Compared 140 2.3 Newton's First Assumption 142 2.4 Fundamental Assumptions of Electromagnetic Theory 153 2.5 The Engineering Approach and Its Significance 175 2.6 First Conclusions 182 2.7 Continuity and Linearity 182 3. Offshore Networks of Control: Providing Short-Term Multi-Entity International Oil and Gas Plays with a Guarantee 209 4. Current Energy Pricing Models" Origins & Problems 223 4.1 Consumption without Production 226 4.2 Imposed Energy Pricing 246 4.3 Inherent Features of the Current Energy-Pricing Model: Matters Affecting Individuals' Daily Existence 256 4.4 Societal Implications of the Current Energy-Pricing Model for the Long Term 269 4.5 Long-term vs Short-term Returns-on-investment [ROI] From Energy Exploration & Development 296 4.6 Resource "Renewability" and 'Sustainable Negative Rent' 304 5. The Role of Coal in the Modern Evolution of Energy Pricing 309 5.1 Introduction 309 5.2 Significance of Commodifying Labor-time & All Material Production -- Including its Energy Source 313 5.3 From "Law of Supply & Demand" (at the margin) to "Consumption without Production" 335 6. Carbon Emission Credits -- Theory & Practice 341 6.1 Introduction 341 7. "Peak Oil" and Other Fits of Pique Among Resource Economists 435 7.1 Introduction 435 7.2 Human Factor Social Consciousness & "Abstracting Absence" 453 Bibliography 477 Appendix -Disinformation in the Social & Historical Sciences: Concerning Time Functions and Sustainability of Resource Development 521 Index 575

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Book SynopsisOne of the most striking applications of chaos theory in recent years, non-linear pricing uses genetic algorithms, fuzzy logic, fractal imaging and other cutting-edge technologies to identify and exploit patterns hidden within the seemingly helter-skelter rise and fall of daily stock prices.Trade Review"A lively and intriguing book from a writer who can range from Zen to mathematics."-Adam Smith, author of The Money Game and Paper Money "Nonlinear Pricing is an eminently readable book which I found satisfied both the theorist and the practitioner in me. For the theorist, there are new insights into the relationship between complexity and the markets. For the practitioner, there are practical ideas on how to fashion investment strategies. I highly recommend Nonlinear Pricing to all students of the markets."-Edgar E. Peters, Chief Investment Strategist, PanAgora Asset Management; author, Chaos and Order in the Capital Markets "Nonlinear Pricing goes further than any book I am aware of in drawing a connection between the real world of economics and the new ideas about economics coming from the science of self-organized systems. Written in a lively, informal style, this is a wonderful read for those of us who have been wondering whether anyone understands anything at all about how markets work."-Lee Smolin, PhD, Department of Physics, Pennsylvania State University "Required reading for the enlightened financial professional. Enjoyable for the intelligent investor. A dash of physics, bite-sized pieces of nonlinear concepts, and a broth of hands-on experience make this a cookbook for the modern trader."-Richard E. Morley, Potts Medal recipient and founder of the Breakfast Club "A real eye-opener-Nonlinear Pricing explains a complex subject in easy terms and makes the reader aware of the many opportunities offered by this new technology." -Richard Olsen, founder, Olsen and Associates, Zurich "I, of course, think highly of this book as it credits Dance of the Money Bees with inventing 'swarm theory', now a discipline in computer science. There are many other splendid insights." -John Train, author and President of the Montrose Fund "An extraordinary tour d'horizon, this book challenges conventional thinking about finance, investing, and much else besides. Brimming with ideas and eye-opening connections, it makes a powerful case for our need to understand the extent to which nonlinearity shapes our lives." -Andrew Freeman, Managing Editor, Financial Services, The Economist Intelligence Unit; co-author, Seeing Tomorrow: Rewriting the Rules of Risk "Nonlinear Pricing: Theory & Application by Christopher T. May makes nice reading even for people like me who are not economists. This is an ambitious book as it presents economics starting from fundamental physics. It deserves a large readership." -Ilya Prigogine, 1977 Nobel Laureate, Chemistry; author, The End of Certainty; and the world's foremost non-equilibrium scientistTable of ContentsA Toy Story for Wall Street. Nonlinearity: A Retrospective. Nonlinearity: A Prospective. Fractal Analysis. Results of the Hurst Exponent. Nonlinear Technology. Biology and the S&P. Father Time. Nonlinear Pricing-Advanced Concepts. The Last Word-Resonance. Appendix. Glossary. Bibliography. Index.

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Book SynopsisTruett and Truett's Eighth Edition shows how to use economic analysis to solve problems and make effective decisions in the complex world of business. The highly successful problem-solving approach, clear and accurate presentation of economic theory, and outstanding cases combine to make the best presentation of managerial economics yet.

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Book SynopsisSpans a variety of business areas relevant to corporate renewal and turnaround management. The cases in this book were selected to cover the knowledge and skills needed by successful turnaround managers, including ethical and legal issues; developing a plan of reorganization; and defining problems and their solutions.

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Book SynopsisRecently, many economists have advocated the adoption of an evolutionary perspective to better understand the permanent flux of the economy. In Explaining Process and Change, Ulrich Witt presents for the first time the potential uses of the evolutionary approach in a broad range of other fields.

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Book SynopsisThis title is part of UC Press's Voices Revived program, which commemorates University of California Pressâs mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1982.

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