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Complex Economics

www.ebooks.com/cj.asp?IID=557299&cjsku=557299...
The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. The direct interaction between individuals, firms and banks does not simply produce imperfections in the functioning of the economy but is the very basis of the functioning of a modern economy. This book suggests a way of analysing the economy which takes this point of view. The economy should be considered as a complex adaptive system in which the agents constantly react to, influence and are influenced by, the other individuals in the economy. In such systems which are familiar from statistical physics and biology for example, the behaviour of the aggregate cannot be deduced from the behaviour of the average, or "representative" individual. Just as the organised activity of an ants' nest cannot be understood from the behaviour of a "representative ant" so macroeconomic phenomena should not be assimilated to those associated with the "representative agent". This book provides examples where this can clearly be seen. The examples range from Schelling's model of segregation, to contributions to public goods, the evolution of buyer seller relations in fish markets, to financial models based on the foraging behaviour of ants. The message of the book is that coordination rather than efficiency is the central problem in economics. How do the myriads of individual choices and decisions come to be coordinated? How does the economy or a market, "self organise" and how does this sometimes result in major upheavals, or to use the phrase from physics, "phase transitions"? The sort of system described in this book is not in equilibrium in the standard sense, it is constantly changing and moving from state to state and its very structure is always being modified. The economy is not a ship sailing on a well-defined trajectory which occasionally gets knocked off course. It is more like the slime described in the book "emergence", constantly reorganising itself so as to slide collectively in directions which are neither understood nor necessarily desired by its components.
Category: Business. ISBN: 9780415568555

Social Economics

www.ebooks.com/cj.asp?IID=235371&cjsku=235371...
Social Economics is a way of thinking about economic affairs that begins with the philosphical foundations. It begins at this level, frequently overlooked by mainstream economists, to illustrate how critical premises are in the construction of an economy and the repair of a dysfunctional economy. Social Economics uses these premises to undertake a rich range of empirical and policy related work. Much of this work is represented in this volume, which brings together leading practioners from the field of social economics. Subjects addressed include: * values and premises in social economics * justice, solidarity and community * repairing the dysfunction of capitalist economies * the transition from command economies
Category: Business. ISBN: 9780415137218

Ecological Economics

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A comprehensive introduction to the emerging field of ecological economics assuming no prior knowledge of economics.
Category: Business. ISBN: 9780521816458

Managerial Economics

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This book can be used as a way of introducing business and management students to economic concepts as well as providing economics students with a clear grasp of how to use the skills they will need in the world of business. Topics covered include: *product differentiation *price discrimination *hiring and training workers *labor-management relations *international trade A host of key features are employed to add colour to the text including case studies, examples and discussion questions. Scenarios presented centre upon a diverse range of subjects and firms including Eurostar, NHL hockey equipment, Chevrolet, Philips and pension plans.
Category: Business. ISBN: 9780415272889

Pension Economics

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While not attempting to train readers as professional economists, this book aims to provide a secure grounding in the theory and practice of economics insofar as it deals with pension matters. From reading this book, the user will understand: * The key types of pension scheme * The role of pensions in maximizing individual lifetime welfare * The role of pensions in individual savings and retirement decisions * The role and consequences of the pension plan from the company's viewpoint * The role of pensions in promoting aggregate savings * The role of pensions and retirement in overlapping generations models * The economics of ageing and intergenerational accounting * The social welfare implications of pensions * The lessons of behavioural economics for pensions
Category: Business. ISBN: 9780470058442

Health Economics

www.ebooks.com/cj.asp?IID=284121&cjsku=284121...
This book provides all the necessary information in a readable style that can be understood by anyone with even the most basic knowledge of mathematics Health Economics is ideal for all health professionals who are required to make policy decisions – including hospital managers, clinical directors and partners in family practices. It is suited to health policy makers at national level as well as those in local trusts. The clear and concise way in which the book is written also makes it a perfect introductory text for students of health economics. Health Economics provides you with the tools to: Read and critique economic evaluations Understand the economic forces at work in specific environments Make optimum choices in terms of benefits and outcomes
Category: Business. ISBN: 9780727918499

American Economics

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A correspondence from Clark to Giddings that covers the entire period from their first acquaintance in 1886 to Giddings' death in 1931. However, the majority of nearly 280 letters and notes is concentrated within the years 1886-1895 when the most important development of Clark's economic thought as a theoretical economist was accomplished.
Category: Business. ISBN: 9780762306350

Entrepreneurial Economics

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Entrepreneurial Economics is concerned with the role of entrepreneurs, and the nature and scope of entrepreneurship in the economy. It broadly covers a range of economic and non-economic theories of the characteristics and behaviour of entrepreneurs. Also considered are government policies to increase the number of entrepreneurs in the economy and social entrepreneurship linked to economic development. It includes illustrations of successful entrepreneurs and more detailed case-studies.
Category: Business. ISBN: 9780333736456

Railroad Economics

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Research in Transportation Economics is now available online at ScienceDirect full-text online of volumes 6 onwards. Elsevier book series on ScienceDirect gives multiple users throughout an institution simultaneous online access to an important compliment to primary research. Digital delivery ensures users reliable, 24-hour access to the latest peer-reviewed content. The Elsevier book series are compiled and written by the most highly regarded authors in their fields and are selected from across the globe using Elsevier's extensive researcher network. For more information about the Elsevier Book Series on ScienceDirect Program, please visit: http://www.info.sciencedirect.com/bookseries/
Category: Business. ISBN: 9780762312559

Cognitive Economics

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As a manifestation of a 'cognitive turn' observable in all social sciences, Cognitive Economics is concerned with the beliefs and mental operations held by actors placed within a dynamical and strategic environment. It appears as a synthesis of an educative research program, dealing with crossed expectations of actors, and an evolutionist research program on collective learning processes. The book mainly aims at extending the framework of game theory in order to better fit the results of rapidly increasing laboratory experiments concerned with individual choices and collective interactions. It also seeks to better explain some original economic phenomena involving boundedly rational agents in an institutional setting such as financial bubbles, job search or technological innovation. Written in an informal way, the book is addressed to philosophers or cognitive scientists curious of how economics deal with cognition, as well as graduate students in economics eager to discover how economic science evolves.
Category: Business. ISBN: 9783540713463
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