This volume serves to present to interested readers recent developments in microsimulation and public policy. It strings together: selected papers presented at the International Microsimulation Conference on Population Ageing and Health: Modelling Our Future held in Canberra, Australia in December 2003; and recent thinking in the field of microsimulation as reflected in special contributions by some of the leading experts in the field; description of 20 key models relating to fiscal and health human resource issues concerning sustainability of health systems around the globe. The focus of the...

BDThe contents of this volume comprise the proceedings of the International Symposia in Economic Theory and Econometrics conference held in 1987 at the IC^T

This book brings together presentations of some of the fundamental new research that has begun to appear in the areas of dynamic structural modeling, nonlinear structural modeling, time series modeling, nonparametric inference, and chaotic attractor inference. The contents of this volume comprise the proceedings of the third of a conference series entitled International Symposia in Economic Theory and Econometrics. This conference was held at the IC; s2 (Innovation, Creativity and Capital) Institute at the University of Texas at Austin on May 22-23, l986.

This book presents an overview of developments in social choice theory and welfare economics.

Nonlinear Econometric Modeling in Time Series Analysis presents recent developments in this important area of research. This is the first volume to focus on the more recent literature on nonlinear time series. Specific topics covered with respect to nonlinearity include cointegration tests, risk-related asymmetries, structural breaks and outliers, Bayesian analysis with a threshold, consistency and asymptotic normality, asymptotic inference, and error-correction models.

This book provides a data-based approach to present and future developments in the Muslim world. This is an unusual approach to this topic that highlights important underlying forces in current and projected future economic and social behaviour that range from prices of gasoline to terrorism and related activities. In the context of the rich histories of Muslim cultures, the effects of rapid changes in economic and social trends are examined, as well as the effect of Western policies which have often exacerbated underlying tensions in these fast-growing populations, extending to the trouble...

This is a book about moral reasoning: how we actually reason and how we ought to reason. It defends a form of "rule" utilitarianism whereby we must sometimes judge and act in moral questions in accordance with generally accepted rules, so long as the existence of those rules is justified by the good they bring about. The author opposes the currently more fashionable view that it is always right for the individual to do that which produces the most good. Among the salient topics covered are: an account of the utilitarian function in society of generally accepted moral rules; a discussion of...

Economists have developed models in which individuals form expectations of key variables in a "rational" manner such that these expectations are consistent with actual economic environments. In this revised and expanded second edition, Professor Sheffrin first explores the logical foundation of the concept and the case for employing it in economic analysis. Subsequent chapters investigate its use in macroeconomics, financial markets, and microeconomics. A final chapter assesses its impact on theoretical and empirical work in economics and policy arenas. The author argues that while rational...

Commerce, Complexity, and Evolution is a significant contribution to the new paradigm straddling economics, finance, marketing, and management, which acknowledges that commercial systems are evolutionary systems, and must therefore be analyzed using evolutionary tools. Evolutionary systems display complicated behaviors that are to a significant degree generated endogenously, rather than being solely the product of exogenous shocks, hence the conjunction of complexity with evolution. The papers in this volume consider a wide range of systems, from the entire economy at one extreme to the...

The contents of this volume comprise the proceedings of the conference, "Equilibrium theory and applications." Some of the recent developments in general equilibrium theory in the perspective of actual and potential applications are presented. The conference was organized in honor of Jacques Dreze on the occasion of his sixtieth birthday. Held at C.O.R.E., it was also the unanimous recognition, stressed by Gerard Debreu in his Address, of his role as "the architect and builder" of the Center for Operations Research and Econometrics. An introductory address by Gerard Debreu comprises Part 1 of...