Books in Decision sciences applications

Handbook of Econometrics

1st Edition
Volume 5
November 22, 2001
J.J. Heckman + 1 more
English
Hardback
9 7 8 0 4 4 4 8 2 3 4 0 3
eBook
9 7 8 0 0 8 0 5 2 4 7 9 5

The Handbook is a definitive reference source and teaching aid for econometricians. It examines models, estimation theory, data analysis and field applications in econometrics. Comprehensive surveys, written by experts, discuss recent developments at a level suitable for professional use by economists, econometricians, statisticians, and in advanced graduate econometrics courses.For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier....

Microscopic Simulation of Financial Markets

1st Edition
June 23, 2000
Haim Levy + 2 more
English
eBook
9 7 8 0 0 8 0 5 1 1 5 9 7

Microscopic Simulation (MS) uses a computer to represent and keep track of individual ("microscopic") elements in order to investigate complex systems which are analytically intractable. A methodology that was developed to solve physics problems, MS has been used to study the relation between microscopic behavior and macroscopic phenomena in systems ranging from those of atomic particles, to cars, animals, and even humans. In finance, MS can help explain, among other things, the effects of various elements of investor behavior on market dynamics and asset pricing. It is these issues in particular, and the value of an MS approach to finance in general, that are the subjects of this book. The authors not only put their work in perspective by surveying traditional economic analyses of investor behavior, but they also briefly examine the use of MS in fields other than finance. Most models in economics and finance assume that investors are rational. However, experimental studies reveal systematic deviations from rational behavior. How can we determine the effect of investors' deviations from rational behavior on asset prices and market dynamics? By using Microscopic Simulation, a methodology originally developed by physicists for the investigation of complex systems, the authors are able to relax classical assumptions about investor behavior and to model it as empirically and experimentally observed. This rounded and judicious introduction to the application of MS in finance and economics reveals that many of the empirically-observed "puzzles" in finance can be explained by investors' quasi-rationality. Researchers use the book because it models heterogeneous investors, a group that has proven difficult to model. Being able to predict how people will invest and setting asset prices accordingly is inherently appealing, and the combination of computing power and statistical mechanics in this book makes such modeling possible. Because many finance researchers have backgrounds in physics, the material here is accessible.

An Introduction to the Mathematics of Financial Derivatives

2nd Edition
May 19, 2000
Salih N. Neftci
English
eBook
9 7 8 0 0 8 0 4 7 8 6 4 7

An Introduction to the Mathematics of Financial Derivatives, Second Edition, introduces the mathematics underlying the pricing of derivatives. The increased interest in dynamic pricing models stems from their applicability to practical situations: with the freeing of exchange, interest rates, and capital controls, the market for derivative products has matured and pricing models have become more accurate. This updated edition has six new chapters and chapter-concluding exercises, plus one thoroughly expanded chapter. The text answers the need for a resource targeting professionals, Ph.D. students, and advanced MBA students who are specifically interested in financial derivatives. This edition is also designed to become the main text in first year masters and Ph.D. programs for certain courses, and will continue to be an important manual for market professionals and professionals with mathematical, technical, or physics backgrounds.

The Grouting Handbook

1st Edition
May 3, 2000
Donald M. Harrison
English
eBook
9 7 8 0 0 8 0 5 0 7 6 5 1

Based on twenty years of research and field experience, this book collects a vast amount of information into a handy reference for mechanical and civil engineers. It focuses on four basic elements of grouting: load carrying capability of the foundation soil; mass design, concrete mix and installation, and curing procedures of the foundation; anchor bolts; and the grout. From the ground up, this book takes you step by step through the grouting process. Clear, straightforward directions give you details on preparing the foundation and surface, and selecting the best material and method. Comprehensive yet concise, this is a convenient handbook for veteran and rookie engineers alike.

Analysing and Aiding Decision Processes

1st Edition
Volume 14
April 1, 2000
P. Humphreys + 2 more
English
eBook
9 7 8 0 0 8 0 8 6 6 6 8 0

This book contains an edited selection of papers presented at the Eighth Research Conference on Subjective Probability, Utility and Decision Making, held in Budapest. Together they span a wide range of new developments in studies of decision making, the practice of decision analysis and the development of decision-aiding technology.The volume is arranged in sections: Societal Decision Making; Organizational Decision Making; Aiding the Structuring of Small Scale Decision Problems, and Tracing Decision Processes.The emphasis is on decision processes and structures and their applications, rather than formal modelling in isolation, thus reflecting current developments in research and practice which follow from the understanding of the nature and operation of decision theoretical models gained during the 1970's.The fifth section, A Symposium on the Validity of Studies on Heuristics and Biases, is of a different nature. The papers take stock of the considerable volume of work investigation ``heuristics and biases'' in decision making over the past decade, and their implication for theory and practice.

A History of Econometrics

1st Edition
Volume 165
June 28, 2014
R.J. Epstein
English
eBook
9 7 8 1 4 8 3 2 9 4 2 2 3

This comparative historical study of econometrics focuses on the development of econometric methods and their application to macroeconomics.The analysis covers the origins of modern econometrics in the USA and Europe during the 1920's and 30's, the rise of `structural estimation' in the 1940's and 50's as the dominant research paradigm, and the crisis of the large macroeconomic models in the 1970's and 80's.The completely original feature of this work is the use of previously unknown manuscript material from the archives of the Cowles Commission and other collections. The history so constructed shows that recent debates over methodology are incomplete without understanding the many deep criticisms that were first raised by the earliest researchers in the field.

Handbook of Econometrics

1st Edition
Volume 2
November 1, 1984
Z. Griliches + 1 more
English
Hardback
9 7 8 0 4 4 4 8 6 1 8 6 3

Handbook of Econometrics

1st Edition
Volume 1
November 1, 1983
M.D. Intriligator + 1 more
English
Hardback
9 7 8 0 4 4 4 8 6 1 8 5 6

Social Choice and Welfare

1st Edition
Volume 145
April 20, 2016
P.K. Pattanaik + 1 more
English
eBook
9 7 8 1 4 8 3 2 9 0 5 9 1

This volume comprises papers presented at the Symposium on Collective Choice, by leading experts in this field. It presents recent advances in Social Choice Theory and Welfare Economics. The papers are classified in two broad groups: (1) those dealing with the ethical aspects of the theory of social choice and (2) those concerned with the positive aspects.The papers in the first part are concerned with the Arrow-type aggregation problem or aspects of it and with more specific questions relating to optimality, justice and welfare. In part II several papers discuss the problem of strategic misrevelation of preferences by individuals, others discuss simple voting games, social choice-correspondenc... and electoral competition.The main features are: - Recent advances in social choice theory and welfare economics - New mathematical approaches to social choice theory (differential and algebraic topology) -New aspects of the concepts of justice and optimality in welfare economics and social choice.

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Books in Decision sciences applications

Handbook of Econometrics

Microscopic Simulation of Financial Markets

An Introduction to the Mathematics of Financial Derivatives

The Grouting Handbook

Analysing and Aiding Decision Processes

A History of Econometrics

Handbook of Econometrics

Handbook of Econometrics

Social Choice and Welfare

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