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Books in Microeconomics

This collection offers detailed analysis of individual markets, consumer and firm behavior, and price formation. It supports students, researchers, and policy analysts in understanding market mechanisms and decision-making processes. Featuring theoretical models, empirical studies, and real-world applications, these resources enhance insights into economic efficiency and market failures.

    • The Cognitive Basis of Institutions

      A Synthesis of Behavioral and Institutional Economics
      • 1st Edition
      • Shinji Teraji
      • English
      The Cognitive Basis of Institutions: A Synthesis of Behavioral and Institutional Economics synthesizes modern research in behavioral economics with traditional institutional economics. This work emphasizes that institution and agent are inextricably linked, and that both cognitive and institutional processes coalesce to influence human decision-making. It integrates cognition and institution through the behavioral economics theoretical lens of bounded rationality. Methodologically, it develops game-theoretical, complexity and neuroeconomic solutions to unite study of the two areas. The work concludes by proposing general implications for the economic study of decisions using the cognitive-institutio... approach, also providing specific recommendations for public policy.
    • Health Care and Environmental Contamination

      • 1st Edition
      • English
      Health Care and Environmental Contamination provides a comprehensive explanation of new and evolving topics in the field, including discussions on emissions from pharmaceutical manufacturing, disposal of medical wastes, inputs from sewerage systems, effects on aquatic organisms and wildlife, indirect effects on human health, antibiotic resistance, stewardship, and treatment. These important issues affect the natural environment, making this first book on the topic a must have for comprehensive, broad, and up-to-date coverage of these issues.
    • Macroeconomics of Climate Change in a Dualistic Economy

      A Regional General Equilibrium Analysis
      • 1st Edition
      • Sevil Acar + 2 more
      • English
      Macroeconomics of Climate Change in a Dualistic Economy: A Regional General Equilibrium Analysis generates significant, genuinely novel insights about dual economies and sustainable economic growth. These insights are generalize-able and applicable worldwide. The authors overcome existing limitations in general equilibrium modeling. By concentrating on tensions between green growth and dualism, they consider the global efforts against climate change and opposition by specific countries based on economic development needs. Using Turkey as their primary example, they address these two most discussed and difficult issues related to policy setting, blazing a path for those seeking an applied economic research framework to study such economic considerations.
    • Decision-Making Management

      A Tutorial and Applications
      • 1st Edition
      • Alberto Pliego Marugan + 1 more
      • English
      Decision-Making Management: A Tutorial and Applications provides practical guidance for researchers seeking to optimizing business-critical decisions employing Logical Decision Trees thus saving time and money. The book focuses on decision-making and resource allocation across and between the manufacturing, product design and logistical functions. It demonstrates key results for each sector with diverse real-world case studies drawn primarily from EU projects. Theory is accompanied by relevant analysis techniques, with a progressional approach building from simple theory to complex and dynamic decisions with multiple data points, including big data and lot of data. Binary Decision Diagrams are presented as the operating approach for evaluating large Logical Decision Trees, helping readers identify Boolean equations for quantitative analysis of multifaceted problem sets. Computational techniques, dynamic analysis, probabilistic methods, and mathematical optimization techniques are expertly blended to support analysis of multi-criteria decision-making problems with defined constraints and requirements. The final objective is to optimize dynamic decisions with original approaches employing useful tools, including Big Data analysis. Extensive annexes provide useful supplementary information for readers to follow methods contained in the book.
    • The Behavioral Economics of Climate Change

      Adaptation Behaviors, Global Public Goods, Breakthrough Technologies, and Policy-Making
      • 1st Edition
      • S. Niggol Seo
      • English
      The Behavioral Economics of Climate Change: Adaptation Behaviors, Global Public Goods, Breakthrough Technologies, and Policy-Making shows readers how to understand mitigation strategies emerging from global warming policy discussions and the ways that changing climate conditions can alter these strategies. Through quantitative analyses, case studies and policy examples, this bottom-up approach to climate change economics gives readers the tools to create effective responses to global warming. This self-contained book on the topic covers key scientific and economic subjects in an applied, innovative and immediately relevant fashion.
    • Producers, Consumers, and Partial Equilibrium

      • 1st Edition
      • David Mandy
      • English
      Producers, Consumers, and Partial Equilibrium provides a systematic and accessible presentation of the full formal details in the core theories of producer and consumer choice under conditions of price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial equilibrium among these economic actors. The book pulls together foundational content from many classic sources and organizes it in a self-contained format that rigidly adheres to optimization as the central behavioral postulate and analytical tool for economic theory. The book maintains a sharp focus on the properties of outcomes from optimizing behavior in varying environments. These properties are the refutable hypotheses from each optimization behavioral postulate, and they form the core content of this positive economic theory. In so doing, the book presents and documents the underlying formal structure of the theory with a higher degree of integration and completeness than is typical of Ph.D. textbooks in microeconomics.
    • The Measurement of Health and Health Status

      Concepts, Methods and Applications from a Multidisciplinary Perspective
      • 1st Edition
      • Paul Krabbe
      • English
      The Measurement of Health and Health Status: Concepts, Methods and Applications from a Multidisciplinary Perspective presents a unifying perspective on how to select the best measurement framework for any situation. Serving as a one-stop shop that unifies material currently available in various locations, this book illuminates the intuition behind each method, explaining how each method has special purposes, what developments are occurring, and how new combinations among methods might be relevant to specific situations. It especially emphasizes the measurement of health and health states (quality-of-life), giving significant attention to newly developed methods. The book introduces technically complex, new methods for both introductory and technically-proficie... readers.
    • Investment and Factor Demand

      • 1st Edition
      • Volume 193
      • P. Artus + 1 more
      • English
      The first part of the book presents the estimation of traditional models of investment, their interpretation in the light of the disequilibrium theory and their use in evaluating the economic policies implemented during the seventies. The issue of the best representation of the production technology is also addressed. The second part analyses the interdependance of the decisions of investment, employment and consumption of raw materials using simultaneous estimations of factor demand equations, as well as the dynamic adjustment costs firms are facing. The last section illustrates the most recent theories and econometric methods: investment models with several regimes taking into account sales, employment and financing constraints, and the introduction of the uncertainty on future sales.
    • Subsistence and Survival

      Rural Ecology in the Pacific
      • 1st Edition
      • Timothy P. Bayliss-Smith
      • English
      Subsistence and Survival: Rural Ecology in the Pacific covers the ecology of man's environment, man's use and perception of biological resources, and the physiology and health of the human organism itself. The geographical range of this text extends from the glaciated uplands of Papua New Guinea, through the montane forests and grasslands of the Highlands, into the coastal jungles, and across to the smaller islands and atolls of the South West Pacific. This book is organized into five parts encompassing 14 chapters. The first part deals with the theory and applications of human ecology. The next part considers first the International Biological Program in New Guinea concerning the link between human ecology and biomedical research. This part also explores the nutritional adaptation among the Enga and in Melanesia, and then introduces the principles of environmental health engineering as human ecology. The subsequent two parts highlight the impact of human activities on the environment, with an emphasis on the association between environmental exploitation and human subsistence. The final part discusses the relevance of self-subsistence communities for world ecosystem management. This book will be of great value to anthropologists, geographers, human biologists, nutritionists, botanists, and public health engineers.
    • Pricing and Price Regulation

      An Economic Theory for Public Enterprises and Public Utilities
      • 1st Edition
      • Volume 34
      • D. Bös
      • English
      This clear, precisely written text presents an important branch of the modern, micro-economically based theory of industrial organization and of public finance, utilizing calculus only.Answers are provided to some pertinent economic questions, such as the pricing policies of vote-seeking politicians, of empire-building bureaucrats and of out-put-maximizing and energy-saving public utilities. These policies are compared with the welfare economic benchmark rules e.g. on marginal cost pricing and Ramsey pricing. Great significance is attached to price regulation.The book elucidates the recent replacement of rate of return regulation by price-cap regulation. It also explains why many simple rules like yardstick regulation fail to achieve optimal prices, which shows how complicated it is to induce managers to truthfully reveal their private information. How this can be achieved properly is shown in various principal-agent models on regulation with uncertain costs, uncertain demand and with soft budget constraints.