Books in Microeconomics

Behavioral Economics for Tourism

1st Edition
September 24, 2020
Milena S. Nikolova
English
Paperback
9 7 8 0 1 2 8 1 3 8 0 8 3
eBook
9 7 8 0 1 2 8 1 3 8 1 2 0

Behavioral Economics for Tourism applies behavioral perspectives to business and policy challenges in the tourism industry. The book enables professionals and early career researchers to succeed by focusing on market and consumer trends, technological advancements, and the modern tourist. It covers the transformation of purchasing decisions, tourism hosting dynamics, digital mediation and disintermediation of tourism organizations, service design, and planning policy considerations. The volume concludes with case studies illustrating successful and unsuccessful behavioral tactics and strategies for tourism businesses and organizations.

The Economics of Globally Shared and Public Goods

1st Edition
June 19, 2020
S. Niggol Seo
English
Paperback
9 7 8 0 1 2 8 1 9 6 5 8 8
eBook
9 7 8 0 1 2 8 1 9 8 7 6 6

The Economics of Globally Shared and Public Goods responds to an urgent need to consolidate and refine the economic theories and explanations pertinent to globally shared resources. Making a clear distinction between theories and empirical models, it elucidates the problem of global public goods while incorporating insights from behavioral economics. Its comprehensive and technical review of existing theoretical models　and their empirical results illuminate those models in practical applications. Relevant for economists and others working on challenges of globally shared goods such as climate change and global catastrophes, The Economics of Globally Shared and Public Goods provides a path toward greater co-operation and shared successes.

Smart Economic Decision-Making in a Complex World

1st Edition
May 22, 2020
Morris Altman
English
Paperback
9 7 8 0 1 2 8 1 1 4 6 1 2
eBook
9 7 8 0 1 2 8 1 3 1 7 8 7

Smart Economic Decision-Making in a Complex World is a fresh and reality-based perspective on decision-making with significant implications for analysis, self-understanding and policy. The book examines the conditions under which smart people generate outcomes that improve their place of work, their household and society. Within this work, the curious reader will find interesting open questions on many fascinating areas of current economic debate, including, the role of realistic assumptions robust model building, understanding how and when non-neoclassical behavior is best practice, why the assumption of smart decision-makers is best to understand and explain our economies and societies, and under what conditions individuals can make the best possible choices for themselves and society at large. Additional sections cover when and how efficiency is achieved, why inefficiencies can persist, when and how consumer welfare is maximized, and what benchmarks should be used to determine efficiency and rationality.

Credit Data and Scoring

1st Edition
January 7, 2020
Eric Rosenblatt
English
Paperback
9 7 8 0 1 2 8 1 8 8 1 5 6
eBook
9 7 8 0 1 2 8 1 8 8 1 6 3

Credit Data and Scoring: The First Triumph of Big Data and Big Algorithms illuminates the often-hidden practice of predicting an individual’s economic responsibility. Written by a leading practitioner, it examines the international implications of US leadership in credit scoring and what other countries have learned from it in building their own systems. Through its comprehensive contemporary perspective, the book also explores how algorithms and big data are driving the future of credit scoring. By revealing a new big picture and data comparisons, it delivers useful insights into legal, regulatory and data manipulation.

The Microeconomics of Wellbeing and Sustainability

1st Edition
October 22, 2019
Leonardo Becchetti + 2 more
English
Paperback
9 7 8 0 1 2 8 1 6 0 2 7 5
eBook
9 7 8 0 1 2 8 1 6 2 9 2 7

The Microeconomics of Wellbeing and Sustainability: Recasting the Economic Process explores the civil economy tradition in economic thought. Gaining increasing consensus worldwide, this alternative—not heterodox—view of the economic process and agents explains how modern economics is placing increasing emphasis on the determinants of subjective wellbeing and environmental sustainability. With support from behavioral economics, this book makes a foundational contribution that will help users better understand and prepare for future economic challenges.

The Beginnings of Behavioral Economics

1st Edition
September 24, 2019
Roger Frantz
English
Paperback
9 7 8 0 1 2 8 1 5 2 8 9 8
eBook
9 7 8 0 1 2 8 1 5 7 0 5 3

The Beginnings of Behavioral Economics: Katona, Simon, and Leibenstein's X-Efficiency Theory explores the mid-20th century roots of behavioral economics, placing the origin of this now-dominant approach to economic theory many years before the groundbreaking 1979 work on prospect theory by Daniel Kahneman and Amos Tversky. It discusses the work of Harvey Leibenstein, Herbert Simon, George Katona, and Frederick Hayek, reintroducing their contributions as founding pillars of the behavioral approach. It concentrates on the work of Leibenstein, reviewing his nuanced introduction of X-efficiency theory. Building from these foundations, the work explores the body of empirical research on market power and firm behavior – XE relationship. This book is a tremendous resource for graduate students and early career researchers in behavioral economics, experimental economics, organizational economics, social and organizational psychology, labor market economics and public policy.

ICT-Driven Economic and Financial Development

1st Edition
August 14, 2019
Ewa Lechman + 1 more
English
Paperback
9 7 8 0 1 2 8 1 3 7 9 8 7
eBook
9 7 8 0 1 2 8 1 3 7 9 9 4

ICT-Driven Economic and Financial Development: Analyses of European Countries demonstrates the effects of ICT diffusion on economic, social and financial development by examining their impact on the structure and dynamics of national economies. It provides the insight into shifts observed in labour markets, international trade activities productivity factors, education and use of innovative financial products. It combines empirical analyses and data sources stretching back to 1990 make it an important contribution to understanding the effects of ICT diffusion on economic and financial development. The book answers questions such as how will national and regional economies react to upcoming ICT developments and growing usage, and what is the magnitude of impact of new information and communication technologies on various aspects of social and economic life.

Digital Asset Valuation and Cyber Risk Measurement

1st Edition
May 29, 2019
Keyun Ruan
English
Paperback
9 7 8 0 1 2 8 1 2 1 5 8 0
eBook
9 7 8 0 1 2 8 1 2 3 2 8 7

Digital Asset Valuation and Cyber Risk Measurement: Principles of Cybernomics is a book about the future of risk and the future of value. It examines the indispensable role of economic modeling in the future of digitization, thus providing industry professionals with the tools they need to optimize the management of financial risks associated with this megatrend. The book addresses three problem areas: the valuation of digital assets, measurement of risk exposures of digital valuables, and economic modeling for the management of such risks. Employing a pair of novel cyber risk measurement units, bitmort and hekla, the book covers areas of value, risk, control, and return, each of which are viewed from the perspective of entity (e.g., individual, organization, business), portfolio (e.g., industry sector, nation-state), and global ramifications. Establishing adequate, holistic, and statistically robust data points on the entity, portfolio, and global levels for the development of a cybernomics databank is essential for the resilience of our shared digital future. This book also argues existing economic value theories no longer apply to the digital era due to the unique characteristics of digital assets. It introduces six laws of digital theory of value, with the aim to adapt economic value theories to the digital and machine era.

Global Value Chains and Production Networks

1st Edition
December 5, 2018
Fengru Cui + 1 more
English
Paperback
9 7 8 0 1 2 8 1 4 8 4 7 1
eBook
9 7 8 0 1 2 8 1 4 8 4 8 8

Global Value Chains and Production Networks: Case Studies of Siemens and Huawei presents theories and frameworks that facilitate the evolution of GPN studies, from macro perspectives based on territory and industry to the use of micro (firm-level) data. The book explores these theories and frameworks through detailed case studies of two major corporations, Siemens and Huawei. With the GPN/GVC structure of Chinese firms not well known outside China, despite the growing importance of Chinese firms in the global economy, this guide plays a pivotal role in facilitating the use of data that promise to unlock economic cooperation and value.

The Economics and Politics of China’s Energy Security Transition

1st Edition
September 4, 2018
Hongtu Zhao
English
Paperback
9 7 8 0 1 2 8 1 5 1 5 2 5
eBook
9 7 8 0 1 2 8 1 5 1 5 3 2

The Economics and Politics of China’s Energy Security Transition clarifies China’s energy and foreign policies through a comprehensive examination of energy sources, providing an insider’s unique perspective for assessing China’s energy policies. China’s historic decline in coal consumption since 2013-2014 and a plateauing of its carbon dioxide emissions have given China an unprecedented opportunity to decarbonize while growing its economy. In response to global questions about China’s institutional, administrative, and political challenges and risks, this book provides the answers that everyone is asking.

Related subjects

Analysis of collective decision making

Distribution

Economic welfare

General equilibrium and disequilibrium

Information and uncertainty

Market structure and pricing

Microeconomics general

Production and organizations

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Health