Skip to main content
Elsevier
View Cart

North Holland

    • Investment

      • 1st Edition
      • Volume 13
      • July 22, 2014
      • Philip J. Lund
      • C. J. Bliss + 1 more
      • English
      • Paperback
        9 7 8 1 4 8 3 2 4 9 6 2 9
      • eBook
        9 7 8 1 4 8 3 2 5 6 9 0 0
      Advanced Textbooks in Economics: Investment: The Study of an Economic Aggregate focuses on the principles, methodologies, and approaches involved in the determination of investments. The book first offers information on the theories of aggregate investment and statistical and questionnaire studies. Discussions focus on statistical studies, tax incentives and disincentives to investment, capital stock adjustment models, acceleration principle, replacement investment, level of aggregation, sources of funds, neoclassical theory of capital accumulation, and tax incentives and disincentives to investment. The text then examines the estimation of lag distributions, including geometrically declining lag distributions, Pascal and rational distributions, variable lag distributions, and the first-in first-out method. The publication ponders on econometric studies, as well as United Kingdom and United States studies, two-stage studies of investment, and guidelines for future research. The text is a dependable source of information for economists and researchers interested in economic aggregates.

    • The Economics of Organization

      • 1st Edition
      • Volume 21
      • July 22, 2014
      • James D. Hess
      • C.J. Bliss + 1 more
      • English
      • Paperback
        9 7 8 1 4 8 3 2 4 9 7 7 3
      • eBook
        9 7 8 1 4 8 3 2 5 6 8 9 4
      Advanced Textbooks in Economics, Volume 21: The Economics of Organization focuses on the processes, methodologies, and approaches involved in the study of various topics in economics, mathematical economics, and econometrics. The publication first ponders on the general resource allocation problem, particularly noting that a theory of resource allocation is formed by studying the deliberate and purposeful choices of individuals to provide a model for human behavior in the economic realm. The theory of exchange emphasizes that coordination and equilibrium must be formed to explain social linkages. The text then explains market allocation, and a number of propositions are discussed to show the dynamics of this field. The manuscript elaborates on transaction costs, markets and uncertainty, and behavior in the face of uncertainty. The publication also takes a look at the terms of authority, measuring of information, value of communication in teams, cost of communication, and budget planning. The formal organization of decision-making, hierarchical supervision and loss of control, alternative requirements of formal organization, and expedience and incentives are also underscored. The text is a valuable reference for researchers interested in the economics of organization.

    • Foundations of Econometrics

      • 1st Edition
      • Volume 7
      • July 22, 2014
      • Albert Madansky
      • C. J. Bliss + 1 more
      • English
      • Paperback
        9 7 8 1 4 8 3 2 5 0 1 5 1
      • eBook
        9 7 8 1 4 8 3 2 7 5 2 5 3
      Advanced Textbooks in Economics, Volume 7: Foundations of Econometrics focuses on the principles, processes, methodologies, and approaches involved in the study of econometrics. The publication examines matrix theory and multivariate statistical analysis. Discussions focus on the maximum likelihood estimation of multivariate normal distribution parameters, point estimation theory, multivariate normal distribution, multivariate probability distributions, Euclidean spaces and linear transformations, orthogonal transformations and symmetric matrices, and determinants. The manuscript then ponders on linear expected value models and simultaneous equation estimation. Topics include random exogenous variables, maximum likelihood estimation of a single equation, identification of a single equation, linear stochastic difference equations, and errors-in-variables models. The book takes a look at a prolegomenon to econometric model building, tests of hypotheses in econometric models, multivariate statistical analysis, and simultaneous equation estimation. Concerns include maximum likelihood estimation of a single equation, tests of linear hypotheses, testing for independence, and causality in economic models. The publication is a valuable source of data for economists and researchers interested in the foundations of econometrics.

    • Variational Methods in Economics

      • 1st Edition
      • Volume 1
      • July 22, 2014
      • G. Hadley + 1 more
      • C. J. Bliss
      • English
      • Paperback
        9 7 8 1 4 8 3 2 5 0 1 2 0
      • eBook
        9 7 8 1 4 8 3 2 7 5 2 8 4
      Advanced Textbooks in Economics, Volume 1: Variational Methods in Economics focuses on the application of variational methods in economics, including autonomous system, dynamic programming, and phase spaces and diagrams. The manuscript first elaborates on growth models in economics and calculus of variations. Discussions focus on connection with dynamic programming, variable end points-free boundaries, transversality at infinity, sensitivity analysis-end point changes, Weierstrass and Legendre necessary conditions, and phase diagrams and phase spaces. The text then ponders on the constraints of classical theory, including unbounded intervals of integration, free boundary conditions, comparison functions, normality, and the problem of Bolza. The publication explains two-sector models of optimal economic growth, optimal control theory, and connections with the classical theory. Topics include capital good immobile between industries, constrained state variables, linear control problems, conversion of a control problem into a problem of Lagrange, and the conversion of a nonautonomous system into an autonomous system. The book is a valuable source of information for economists and researchers interested in the variational methods in economics.

    • Consumer Durable Choice and the Demand for Electricity

      • 1st Edition
      • Volume 155
      • July 22, 2014
      • J.A. Dubin
      • English
      • Paperback
        9 7 8 1 4 9 3 3 0 7 8 7 6
      • eBook
        9 7 8 1 4 8 3 2 9 4 6 6 7
      This book develops the theory of durable choice and utilization. The basic assumption is that the demand for energy is a derived demand arising through the production of household services. Durable choice is associated with the choice of a particular technology for providing the household service. Econometric systems are derived which capture both the discrete choice nature of appliance selection and the determination of continuous conditional demand.Using the National Interim Energy Consumption Survey (NIECS) from 1978, a nested logit model of room air-conditioning, central air-conditioning, space-heating and water heating is estimated. The estimated probability choice model is used to forecast the impacts of proposed building standards for newly constructed single family detached residences. A network thermal model provides unit energy consumptions for alternative heating and cooling systems across time. Monthly billing data matched to NIECS is analyzed permitting seasonal estimation of the demand for electricity and natural gas by households.The theory of price specification for demand subject to a declining rate structure is reviewed and tested. Finally, consistent estimation procedures are used in the presence of possible correlation between dummy variables indicating appliance ownership and the equation error. The hypothesis of simultaneity in the demand system is tested.Conditional moments in the generalized extreme value family are derived to extend discrete continuous econometric systems in which discrete choice is assumed logistic. An efficiency comparison of various two-stage consistent estimation techniques applied to a single equation of a dummy endogenous simultaneous equation system is undertaken and asymptotic distributions are derived for each estimation method.

    • Public Enterprise Economics

      • 2nd Edition
      • Volume 23
      • July 15, 2014
      • Dieter Bös
      • C. J. Bliss + 1 more
      • English
      • Paperback
        9 7 8 1 4 8 3 1 7 7 4 2 7
      • eBook
        9 7 8 1 4 8 3 1 9 3 2 3 6
      Advanced Textbooks in Economics, Volume 23: Public Enterprise Economics: Theory and Application focuses on economics, mathematical economics, and econometrics, including microeconomics, marginal-cost pricing, taxes, and income effects. The manuscript takes a look at the essential parts of public sector pricing models, normative optimum theory, and normative piecemeal theory. Discussions focus on welfare improvements with non-tight constraints, welfare -improving increases of public inefficiency, conditions for optimal prices and quantities, compensating for income effects, and conditions for optimal quality. The book then ponders on marginal-cost pricing, Ramsey pricing, rate of return regulation, and pricing with distributional aims. Topics include comparing distributional and allocative pricing, prices versus taxes, optimum Ramsey policy, influence of Ramsey prices on allocation, distribution, and stabilization, and consequences for allocation, distribution, and stabilization. The publication examines bus and underground services in London, economic theory and empirical analysis, and different approaches towards optimal quality, including empirical studies on bus and underground demand, organizational and political history, and microeconomics of the representative consumer. The book is a valuable source of data for researchers interested in public enterprise economics.

    • Microeconomics

      • 1st Edition
      • Volume 30
      • July 15, 2014
      • M.C. Blad + 1 more
      • English
      • Paperback
        9 7 8 1 4 9 3 3 0 4 9 5 0
      • eBook
        9 7 8 1 4 8 3 2 9 7 6 4 4
      The first part of this book contains the material for a course in standard microeconomics and general equilibrium. These chapters contain the necessary background on commodities, consumers, producers, as well as the classical results about the existence of general (Walras) equilibria and the fundamentals of welfare theory. The second part of the book may be seen as a continuation dealing with more advanced topics.This textbook shows how the general equilibrium theory can be put into use to provide new insights into various fields of economic science. The reader does not need previous particular mathematical training; the formal approach is introduced in a piecemeal fashion, so that no difficult mathematics occurs in the beginning.

    • The Strategy of Social Choice

      • 1st Edition
      • Volume 18
      • July 14, 2014
      • H. Moulin
      • C.J. Bliss + 1 more
      • English
      • Paperback
        9 7 8 1 4 8 3 2 4 9 7 6 6
      • eBook
        9 7 8 1 4 8 3 2 5 6 8 8 7
      Advanced Textbooks in Economics, Volume 18: The Strategy of Social Choice focuses on the social, economics, and political implications of social choice. The publication first surveys introduction, social choice functions and correspondences, and monotonicity and the arrow theorem. Discussions focus on efficiency, anonymity and neutrality, classifying voting methods, normative versus positive approach to voting, voting and the non-strategic theory of social choice, and development of the strategic theory of voting. The text then ponders on strategy-proofness and monotonicity and sophisticated voting. Topics include sophisticated implementation, voting by binary choices, strategy-proof social choice functions and game forms, Gibbard-Satterthwait... theorem, and restricted domains. The manuscript examines cooperative voting and voting by veto, including the minority principle, proportional veto core, voting by integer veto, effectivity functions, maximal and stable effectivity functions, and implementation by Nash equilibrium. The text is a dependable source of data for researchers interested in the process of social choice.

    • Applied Consumption Analysis

      • 2nd Edition
      • Volume 5
      • July 14, 2014
      • L. Phlips
      • English
      • Paperback
        9 7 8 1 4 9 3 3 0 4 8 2 0
      • eBook
        9 7 8 1 4 8 3 2 9 8 7 0 2
      This volume links the abstract theory of demand with its econometric implementation. Exercises lead the reader from elementary utility maximization to the most sophisticated recent techniques, highlighting the main steps in the historical evolution of the subject. The first part presents a brief discussion of duality and flexible forms, and in particular of Deaton and Muellbauer's ``almost ideal demand system''. Part two includes the author's work on true wage indexes, and on intertemporal utility maximization.

    • Economics of Insurance

      • 1st Edition
      • Volume 29
      • July 14, 2014
      • K.H. Borch + 2 more
      • English
      • Paperback
        9 7 8 1 4 9 3 3 0 4 9 2 9
      • eBook
        9 7 8 1 4 8 3 2 9 4 9 0 2
      The theory of insurance is presented in this book, discussed from the viewpoint of the theory of economics of uncertainty. The principle of premium calculation which the book uses is based on economic equilibrium theory and differs from many of the premium systems discussed by actuaries.Reinsuranc... is developed in the framework of general economic equilibrium theory under uncertainty. Here ordering of risks, preferences and utility theory play an important role. The book discusses the markets for insurance and divides them into three classes: (i) life insurance (ii) business insurance and (iii) household insurance, and these classes are each treated extensively in three separate chapters. Finally uninsurable risks are presented under "asymmetric information". Here moral hazard and adverse selection are treated and illustrations are given, some based on game theory.

Browse by Publisher

Academic Press

Butterworth-Heinemann

Chandos

Elsevier

Morgan Kaufmann

Newnes

Syngress