Kategoria BISAC: Business & Economics >> Economics - General

Unlike the papers of some other great economists, those of Kenneth Arrow are being read and studied today with even greater care and attention than when they first appeared in the journals. The publication of his collected papers will therefore be welcomed by economists and other social scientists and in particular by graduate students, who can draw from them the deep knowledge and the discernment in selection of scientific problems that only a master can offer. The author has added headnotes to certain well-known papers, describing how he came to write them.

In this first volume,...

Unlike the papers of some other great economists, those of Kenneth Arrow are being read and studied today with even greater care and attention than when they first appeared in the journals. The publication of his collected papers will therefore be welcomed by economists and other social scientists and in particular by graduate students, who can draw from them the deep knowledge and the discernment in selection of scientific problems that only a master can offer. The author has added headnotes to certain well-known papers, describing how he came to write them.

This volume begins with...

Unlike the papers of some other great economists, those of Kenneth Arrow are being read and studied today with even greater care and attention than when they first appeared in the journals. The publication of his collected papers will therefore be welcomed by economists and other social scientists and in particular by graduate students, who can draw from them the deep knowledge and the discernment in selection of scientific problems that only a master can offer. The author has added headnotes to certain well-known papers, describing how he came to write them.

Although economic theory...

In this vigorous and well-documented "current view" of competition in the mid-western coal industry, Reed Moyer has set himself two tasks: to bring up to date existing economic analyses and to correct a "distortion which arises from generalizing about an industry composed of several diverse parts."

Most previous economic analyses have become obsolete, partly because of the shifting picture within the industry. Moyer's detailed study of the economic behavior of the midwestern coal industry focuses on the transformation in the mining operation. Contrary to popular opinion, the...

Why should manufacturing firms in many national industries maintain multiple small scale plants when they might produce the same output at a lower unit cost in a single large establishment? What specific benefits are attained through the operation of multiple plants? To address these questions, the authors conducted 125 in-depth interviews with businessmen actively involved in plant size and multi-plant operating decisions. They investigated the experience of twelve industries in six countries (West Germany, France, the United Kingdom, Sweden, Canada, and the United States).

The...

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms.

To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and...

Executives today encounter social, psychological, and technical problems undreamed of by their predecessors. To help meet these challenges, Levinson has written a thorough and timely revision of his acknowledged classic, The Exceptional Executive.

In Executive the author has added new material emphasizing the need for executive flexibility the ability to work with multiple constituencies, to mitigate tensions between middle and top management, to comprehend the social context within which business operates and to understand the needs of women and minorities. He has...

How much does a country's commercial policy affect its economic efficiency? How would free trade change the structure of a country's economy and foreign trade? William Penfield Travis extends the Heckscher-Ohlin trade theory and addresses it to an empirical study of these and related questions. He argues that trade flows fail to reflect relative factor endowments because protection systematically nullifies their effects, and that therefore protection must be incorporated in any positive trade theory.

The author begins by developing a new concept--the equalization region--which he...

"Shrewd and optimistic. . . . The Good Life and Its Discontents] combines first-rate analysis with persuasive historical, political and sociological insights."
--The New Republic

Today Americans are wealthier, healthier, and live longer than at any previous time in our history. As a society, we have never had it so good. Yet, paradoxically, many of us have never felt so bad. For, as Robert J. Samuelson observes in this visionary book, our country suffers from a national sense of entitlement--a feeling that someone, whether Big Business or...

The boundary between economics and sociology is presently being redefined--but how, why, and by whom? Richard Swedberg answers these questions in this thought-provoking book of conversations with well-known economists and sociologists. Among the economists interviewed are Gary Becker, Amartya Sen, Kenneth Arrow, and Albert O. Hirschman; the sociologists include Daniel Bell, Harrison White, James Coleman, and Mark Granovetter. The picture that emerges is that economists and sociologists have paid little attention to each other during most of the twentieth century: social problems have been...

This book introduces one of the most powerful tools of modern economics to a wide audience: those who will later construct or consume game-theoretic models. Robert Gibbons addresses scholars in applied fields within economics who want a serious and thorough discussion of game theory but who may have found other works overly abstract. Gibbons emphasizes the economic applications of the theory at least as much as the pure theory itself; formal arguments about abstract games play a minor role. The applications illustrate the process of model building--of translating an informal description of...

Peter Albin is known for his seminal work in applying the concepts of adaptive dynamical systems, first developed by biologists and physicists, to the study of economic systems. This book is a collection of his pathbreaking articles on the application of cellular automata and complexity theory to economic problems. Duncan Foley provides a thoughtful introduction in which he reviews the disparate analytical sources of Albin's work in the theories of nonlinear dynamical systems, economic dynamics, cellular automata, linguistic and computational complexity, and bounded rationality.

The economics literature is replete with examples of monotone comparative statics; that is, scenarios where optimal decisions or equilibria in a parameterized collection of models vary monotonically with the parameter. Most of these examples are manifestations of complementarity, with a common explicit or implicit theoretical basis in properties of a super-modular function on a lattice. Supermodular functions yield a characterization for complementarity and extend the notion of complementarity to a general setting that is a natural mathematical context for studying complementarity and...

A small but increasing number of economists have begun to use laboratory experiments to evaluate economic propositions under carefully controlled conditions. Experimental Economics is the first comprehensive treatment of this rapidly growing area of research. While the book acknowledges that laboratory experiments are no panacea, it argues cogently for their effectiveness in selected situations. Covering methodological and procedural issues as well as theory, Experimental Economics is not only a textbook but also a useful introduction to laboratory methods for professional...