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Economic Exchange and Social Organization: The Edgeworthian Foundations of General Equilibrium Theory
ISBN: 9780792342007 / Angielski / Twarda / 312 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. This book aims to develop an institutional approach to general economic equi- librium. Thus far, institutional economics has essentially been confined to purely verbal discourse. Here I argue the case that general equilibrium theory forms a well rounded basis for the development of an institutional economic the- ory. The fundamental economic trade mechanism underlying this refocusing is that of the Edgeworthian barter mechanism modelled through the equilibrium notion of the core of an economy. There is an extensive literature that links the core with the Walrasian price mechanism, which is...
This book aims to develop an institutional approach to general economic equi- librium. Thus far, institutional economics has essentially been confined...
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402,53 |
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Verbal Decision Analysis for Unstructured Problems
ISBN: 9780792345787 / Angielski / Twarda / 260 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. A central problem of prescriptive decision making is the mismatch between the elegant formal models of decision theory and the less elegant, informal thinking of decision makers, especially when dealing with ill-structured situations. This problem has been a central concern of the authors and their colleagues over the past two decades. They have wisely (to my mind) realized that any viable solution must be informed by a deep understanding of both the structural properties of alternative formalisms and the cognitive demands that they impose on decision makers. Considering the two in parallel...
A central problem of prescriptive decision making is the mismatch between the elegant formal models of decision theory and the less elegant, informal ...
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402,53 |
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Empirical Studies in Applied Economics
ISBN: 9780792373957 / Angielski / Twarda / 213 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Empirical Studies In Applied Economics presents nine previously unpublished analyses in monograph form. In this work, the topics are presented so that each chapter stands on its own. The emphasis is on the applications but attention is also given to the econometric and statistical issues for advanced readers. Econometric methods include multivariate regression analysis, limited dependent variable analysis, and other maximum likelihood techniques. The empirical topics include the measurement of competition and market power in natural gas transportation markets and in the...
Empirical Studies In Applied Economics presents nine previously unpublished analyses in monograph form. In this work, the topics are presente...
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402,53 |
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Economic Impact of Eu Membership on Entrants: New Methods and Issues
ISBN: 9780792375746 / Angielski / Twarda / 274 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. As part of its EU strategy, the Swiss government commissioned several research projects covering the most important aspects of economic integration. Given the interesting results and the wealth of methods used in these studies we decided to organize a conference on the topic of 'The Economic Impact of EU Membership on Entrants: New Methods and Issues." The idea was to use the work on Switzerland as a case study for discussing modern approaches on how to assess the economic effects of joining an integration zone. This seemed to us to be a topic of considerable interest for the rising number of...
As part of its EU strategy, the Swiss government commissioned several research projects covering the most important aspects of economic integration. G...
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402,53 |
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The Analysis of Sports Forecasting: Modeling Parallels Between Sports Gambling and Financial Markets
ISBN: 9780792377139 / Angielski / Twarda / 294 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Given the magnitude of currency speculation and sports gambling, it is surprising that the literature contains mostly negative forecasting results. Majority opinion still holds that short term fluctuations in financial markets follow random walk. In this non-random walk through financial and sports gambling markets, parallels are drawn between modeling short term currency movements and modeling outcomes of athletic encounters. The forecasting concepts and methodologies are identical; only the variables change names. If, in fact, these markets are driven by mechanisms of non-random walk, there...
Given the magnitude of currency speculation and sports gambling, it is surprising that the literature contains mostly negative forecasting results. Ma...
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603,81 |
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Expanding Competition in Regulated Industries
ISBN: 9780792379713 / Angielski / Twarda / 207 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Expanding Competition in Regulated Industries reviews the changing regulatory environment, notably incentive regulation and competition in regulated industries. Some of the major changes in electricity, gas, and telephone utilities allow for competition in local service through unbundling. This book is of interest to researchers, utility managers, regulatory commissions, and the Federal Government.
Expanding Competition in Regulated Industries reviews the changing regulatory environment, notably incentive regulation and competition in re...
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402,53 |
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Studies in Consumer Demand -- Econometric Methods Applied to Market Data
ISBN: 9780792382157 / Angielski / Twarda / 320 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Studies in Consumer Demand - Econometric Methods Applied to Market Data contains eight previously unpublished studies of consumer demand. Each study stands on its own as a complete econometric analysis of demand for a well-defined consumer product. The econometric methods range from simple regression techniques applied in the first four chapters, to the use of logit and multinomial logit models used in chapters 5 and 6, to the use of nested logit models in chapters 6 and 7, and finally to the discrete/continuous modeling methods used in chapter 8. Emphasis is on applications...
Studies in Consumer Demand - Econometric Methods Applied to Market Data contains eight previously unpublished studies of consumer de...
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603,81 |
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The Euro: Consequences for the Consumer and the Citizen
ISBN: 9780792385936 / Angielski / Twarda / 263 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. "EURO." The name of the single currency for the European Union has not been chosen casually by the Heads of State and Government during the Madrid Council of December 1995. After tough discus sions, it has been unanimously accepted. The intention was to recall to every single citizen that this new money would be his money, that it would be the expression of the new European environment carefully built since the "fifties" to avoid any return to war and barbarism in Europe. Confidence and positive expectations for a better future put in the European construction have thus been clearly linked to...
"EURO." The name of the single currency for the European Union has not been chosen casually by the Heads of State and Government during the Madrid Cou...
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603,81 |
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Productivity Growth and the Competitiveness of the American Economy: A Carolina Public Policy Conference Volume
ISBN: 9780792390015 / Angielski / Twarda / 158 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. swollen with deutschemarks and yen newly created to purchase unwanted dollars from the markets. When the Bundesbank and the Bank of Japan began to raise their interest rates to slow domestic monetary expansion, the fabric of international monetary cooperation began to unravel. Amid charge and counter-charge by disgruntled fmance ministers, the dollar dropped further and interest rates jumped upward, leading to panic in the stock market on Black Monday. Fortunately, a steady hand and generous supply of credit from the Federal Reserve System prevented massive bankruptcies among Wall Street...
swollen with deutschemarks and yen newly created to purchase unwanted dollars from the markets. When the Bundesbank and the Bank of Japan began to rai...
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201,24 |
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Acting Under Uncertainty: Multidisciplinary Conceptions
ISBN: 9780792390633 / Angielski / Twarda / 486 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Uncertainty could be associated with wisdom, enterprise, and discovery. In ordinary speech, however, it has mostly negative connotations. There is "fear of the unknown" and "ignorance is bliss;" there are maxims to the effect that "what you don't know doesn't hurt you" (or: "bother you") in several languages. This volume suggests that we need be bothered by the excessive confidence with which scientists, particularly social scientists, present some of their conclusions and overstate their range of application. Otherwise many of the questions that should be raised about all the major...
Uncertainty could be associated with wisdom, enterprise, and discovery. In ordinary speech, however, it has mostly negative connotations. There is "fe...
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805,10 |
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Competition and the Regulation of Utilities
ISBN: 9780792390831 / Angielski / Twarda / 211 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. companies to diversify may outweigh the costs of doing so, and that some traditional regulatory concerns may be excessively restrictive. The papers by Hillman, Harris, and Jang and Norsworthy, while all relating to individual industries, have lessons for other regulated industries. Hillman's paper, "Oil Pipeline Rates: A Case for Yardstick Regulation," deals with the important topic of yardstick regulation for oil pipelines. While his application is highly specific, the potential application of yardstick regulation goes beyond oil pipelines. He reviews the evolution in the law regulating oil...
companies to diversify may outweigh the costs of doing so, and that some traditional regulatory concerns may be excessively restrictive. The papers by...
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603,81 |
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Risk, Organizations, and Society
ISBN: 9780792391180 / Angielski / Twarda / 240 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Growth of the electric industry Electric generating stations and the associated transmission and distribu tion systems are high ticket items as are the costs of fuel and of operating the industry. The country presently spends about $150 billion annually on electricity. It is the country's largest industry, with assets of over $400 billion (Edison Electric Institute Statistical Year book, 1985). The country's electric generating capacity and the end use of electricity grew exponentially for about 70 years, starting at the beginning of the century, with a doubling period of roughly seven years...
Growth of the electric industry Electric generating stations and the associated transmission and distribu tion systems are high ticket items as are th...
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402,53 |
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Policy Analysis and Economics: Developments, Tensions, Prospects
ISBN: 9780792391548 / Angielski / Twarda / 213 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Long before policy analysis emerged as a separate profession with its own graduate schools, economists offered advice about government policies. Positive economics provides the tools for predicting the impacts of prop osed policies; normative economics, especially welfare theory, offers a framework for valuing the impacts of policies in terms of efficiency and simple notions of equity. With the expansion of economic theory into ever wider fields of human behavior, it is no wonder that economists have prominence as teachers and practitioners of policy analysis. Indeed, many economists see...
Long before policy analysis emerged as a separate profession with its own graduate schools, economists offered advice about government policies. Posit...
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402,53 |
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Utility Theories: Measurements and Applications
ISBN: 9780792392262 / Angielski / Twarda / 300 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. The Conference on "Utility: Theories, Measurements, and Applications" met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989. The all-star cast of attendees are listed as authors in the Table of Contents of this book (see p. V), except for Soo Hong Chew and Amos Tversky. The purpose of the conference, and of National Science Foundation Grant No. SES-8823012 that supported it, was to confront proponents of new generalized theories of utility with leading decision analysts com mitted to the implementation, in practice, of the more traditional theory that these new...
The Conference on "Utility: Theories, Measurements, and Applications" met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989...
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805,10 |
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Utility Theories: Measurements and Applications
ISBN: 9780792392279 / Angielski / Miękka / 300 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. The Conference on "Utility: Theories, Measurements, and Applications" met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989. The all-star cast of attendees are listed as authors in the Table of Contents of this book (see p. V), except for Soo Hong Chew and Amos Tversky. The purpose of the conference, and of National Science Foundation Grant No. SES-8823012 that supported it, was to confront proponents of new generalized theories of utility with leading decision analysts com mitted to the implementation, in practice, of the more traditional theory that these new...
The Conference on "Utility: Theories, Measurements, and Applications" met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989...
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805,10 |
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Austrian Economics: Tensions and New Directions
ISBN: 9780792392620 / Angielski / Twarda / 283 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. When we first invited the group of distinguished scholars represented here to contribute to a new volume on Austrian economics, four themes were stressed: tensions, new directions, selectivity, and criticism. In this brief introduction we will explain why those themes were emphasized and thereby shed light on our intentions and aspirations for the volume. The subtitle "Tensions and New Directions" indicates clearly the intent of the volume desired. If we take the 1871 publication of Carl Menger's Principles of Economics (Grundsiitze der Volkswirthschaftslehre) as mark ing its birth, the...
When we first invited the group of distinguished scholars represented here to contribute to a new volume on Austrian economics, four themes were stres...
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603,81 |
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Economic Innovations in Public Utility Regulation
ISBN: 9780792392699 / Angielski / Twarda / 162 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Title IV of the Clean Air Act Amendments effectively transfers an environmental property right, the difference in unrestricted emissions and the yearly endowment, 3 from certain fIrms to the public domain. Phase I is to reduce annual SOz emissions of 261 large (100 MW or more) utility generating units with emissions greater than 2. 5 IbslmmBtu. The yearly endowment during Phase I is equal to 2. 51bslmmBtu times the 1985-1987 baseline energy usage. Phase I standards are required to be met by 1995, an exception being units that install certain control technologies. In this case, units may...
Title IV of the Clean Air Act Amendments effectively transfers an environmental property right, the difference in unrestricted emissions and the yearl...
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603,81 |
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The Economics of Postal Service: A Research Study Supported by Wik
ISBN: 9780792392743 / Angielski / Twarda / 162 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Postal service has received considerably less attention in the economics literature than traditional public utilities. Postal service is facing some very important challenges arising out of the increasingly high-tech nature of postal service, the entry of competition into the business, and new attitudes on the part of government to postal service. In the United Kingdom and Germany the increased interest in privatization and recognition of the benefits of competition are likely to have an impact on postal service. These challenges mean that postal managers must learn new ways of doing...
Postal service has received considerably less attention in the economics literature than traditional public utilities. Postal service is facing some v...
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402,53 |
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Evaluating R&d Impacts: Methods and Practice
ISBN: 9780792393252 / Angielski / Twarda / 304 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. A critical issue in research and development (R&D) management is the structure and use of evaluative efforts for R&D programs. The book introduces the different methods that may be used in R&D evaluation and then illustrates these methods by describing actual evaluation in practice using those methods.
The book is divided into two sections. The first section provides an introduction and details on several popular methodologies used in the evaluation of research and development activities. The second half of the book focuses on evaluation in practice and is comprised of several chapters... A critical issue in research and development (R&D) management is the structure and use of evaluative efforts for R&D programs. The book introduces the...
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603,81 |
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The Mortality Costs of Regulatory Expenditures: A Special Issue of the Journal of Risk and Uncertainty
ISBN: 9780792394457 / Angielski / Twarda / 122 str. Termin realizacji zamówienia: ok. 5-8 dni roboczych. Regulations to promote health and safety may be costly relative to the expected health and safety benefits, and may actually have negative effects on health and safety. These negative effects, or costs, may be due to reduced private spending on health and safety, moral hazard, or the creation of new risks. This volume considers the use of costs--benefit analysis, risk--risk analysis, and health--health analysis to determine the mortality cost associated with regulatory expenditures.
Regulations to promote health and safety may be costly relative to the expected health and safety benefits, and may actually have negative effects on ...
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402,53 |
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