Kategoria BISAC: Business & Economics >> Econometrics

This book aims to explain to the readers the basic idea of the general equilibrium theory, which forms the core of the current mainstream economics called neoclassical school. To understand this theory is absolutely necessary, either to study further or to criticize the contemporary economic theories. The author not only explains traditional theories, but also makes clear the many problems which are still unsolved.

As a text book or reference book for those students who are studying microeconomics for the first time, the author recommends the use of Chapter 1, Chapter 2 (except...

This book is an extension of the author's first book and serves as a guide and manual on how to specify and compute 2-, 3-, and 4-Event Bayesian Belief Networks (BBN). It walks the learner through the steps of fitting and solving fifty BBN numerically, using mathematical proof. The author wrote this book primarily for inexperienced learners as well as professionals, while maintaining a proof-based academic rigor.

The author's first book on this topic, a primer introducing learners to the basic complexities and nuances associated with learning Bayes' theorem and inverse probability...

This book is the first to reinterpret John R. Commons's Institutional Economics with a newly discovered manuscript written in 1927 in order to find its contemporary meanings in economic theories. Commons aimed to establish institutional economics to understand capitalism in the USA of that time, when people's collective actions were gaining importance with the emergence of powerful labor unions, oligopolistic corporations, and national judicial systems. Setting three types of transactions as his central concepts for analysis, Commons described dynamics of capitalism as multiple and...

This volume focuses on frontiers in regional research and identifies trends and future developments in the areas of innovation, regional growth and migration. It also addresses topics such as mobility, regional forecasting, and regional policy, and includes expert contributions on disasters, resilience, and sustainability. Building on recent methodological and modelling advances, as well as on extensive policy-analysis experience, top international regional scientists identify and evaluate emerging new conceptual and methodological trends and directions in regional research. This book will...

Philipp Ehmer begrundet und quantifiziert den Einfluss sektoraler Wirtschaftsstrukturen auf Leistungsbilanzen von Volkswirtschaften in der Eurozone. Er leitet den Zusammenhang zwischen den beiden Groen theoretisch her und bestatigt die Argumentation in einer empirischen Analyse. Nach seinen Ergebnissen tragt das Fehlen industrieller Kapazitaten zur Erwirtschaftung eines Leistungsbilanzdefizits bei. Volkswirtschaften in einer Wahrungsunion, in der solche Defizite nicht uber Wechselkursabwertungen verhaltnismaig einfach abgebaut werden konnen, sollten ihre sektoralen Strukturen bezuglich...

This book sheds new light on the relationship between economy and the environment by approaching the issue from evolutionary and institutional economics. Building a framework of theory and empirical analysis, it provides an in-depth perspective on how economic growth and environmental policy interact and historically evolve.

Orthodox environmental economics usually understands environmental issues under the rules of market economy, while environmental sciences subordinate economy to physical constraints of the environment. Instead of these hierarchical visions, this book recognizes...