Skip to main content

Books in Economics and finance

Our Economics and Finance titles are essential reading for students, scholars, policymakers, and market practitioners who want to stay up-to-date with the latest research and foundational topics in the field, from financial markets and trade to e-commerce, econometrics, quantiative investing, financial technology, financial engineering, global finance, corporate finance, law and economics, macro and microeconomics, and risk management.

Titles manage to balance quality of content with the increasing demand for a wider view of the vast array of topics in the field of Economics and Finance.

    • Japanese Financial Markets

      • 2nd Edition
      • October 31, 2002
      • Junichi Ujiie
      • English
      • Hardback
        9 7 8 1 8 5 5 7 3 5 9 6 5
      • eBook
        9 7 8 1 8 5 5 7 3 8 7 5 1
      The first edition of Japanese Financial Markets established itself as a standard work on one of the most important financial centres in the world. Since then there have been substantial changes, most notably a serious financial crisis and major subsequent reforms of the financial system. Written by leading analysts from the prestigious Nomura Group, this authoritative second edition explains these changes and their consequences for the current structure and operation of the country's financial markets.The book is arranged in four main sections: Part one provides an overview of the recent performance of Japan's financial markets, the crisis in the 1990s, government reforms and the subsequent 'Big Bang' in the country's financial system. Part two looks at the range of participants in the market, from individual investors, public sector and corporate pension funds to investment trusts, government bond issues and the equity market. This section of the book also discusses cross-border money flows, monetary policy and the regulatory framework. Part three discusses the markets themselves, covering the money and bond markets, trading in equities and securities and the venture capital market. Part four considers current problems and likely future developments in the financial system.This major new edition of Japanese Financial Markets is essential reading for fund managers, institutional investors, financial analysts and all those concerned with one of the world's most important financial markets.
    • Copper

      • 1st Edition
      • March 15, 2002
      • Nnamdi Anyadike
      • English
      • eBook
        9 7 8 1 8 5 5 7 3 8 7 0 6
      A report examining the supply and demand outlook for copper across its key producers and end-users. It provides a detailed analysis of likely growth and demand trends in the computer, transport, telecommunications and construction sectors, considering both the opportunities and threats to copper in each of its key applications.
    • Lead and Zinc

      • 1st Edition
      • March 15, 2002
      • Nnamdi Anyadike
      • English
      • eBook
        9 7 8 1 8 5 5 7 3 8 7 3 7
      This report provides a detailed overview of the market position and outlook in these two closely related metals, looking at supply and demand trends in each individually and addressing key issues for the future, including the impact of developments in the environmental arena and the recycling marketplace.
    • Handbook of Public Economics

      • 1st Edition
      • Volume 4
      • October 21, 2002
      • A.J. Auerbach + 1 more
      • English
      • Paperback
        9 7 8 1 4 9 3 3 0 2 4 9 9
      • Hardback
        9 7 8 0 4 4 4 8 2 3 1 5 1
      • eBook
        9 7 8 0 0 8 0 8 8 5 9 1 9
      The publication of volumes 3 and 4 of the Handbook of Public Economics affords us several opportunities: to address lacunae in the original two volumes of this series, to revisit topics on which there has been substantial new research, and to address topics that have grown in importance. Indeed, many of the papers individually encompass all three of these elements. For each chapter relates to one from an earlier volume, the new contribution is free standing, written with the knowledge that the reader retains the opportunity to review the earlier chapter to compare perspectives and consider material that the current author has chosen not to cover. Indeed, such comparisons illuminate the evolution of the field during the two decades that have elapsed since work first began on the chapters in volume 1. Taken together, the four volumes offer a comprehensive review of research in public economics over the past few decades, written by many of the field's leading researchers.For more information on the Handbooks of Economics series, please see our homepage on http://www.elsevier....
    • Valuation Methods and Shareholder Value Creation

      • 1st Edition
      • August 30, 2002
      • Pablo Fernandez
      • English
      • Paperback
        9 7 8 0 1 2 3 9 9 5 5 1 3
      • Hardback
        9 7 8 0 1 2 2 5 3 8 4 1 4
      • eBook
        9 7 8 0 0 8 0 5 2 0 3 7 7
      Valuation Methods and Shareholder Value Creation provides a comprehensive examination of valuation tools and guidance for analyzing and valuing a business. It covers the basics of valuation methods and shareholder value creation in addition to rigorous approaches to discounted cash flow valuation and real options for valuing a company. It highlights quantitative analyses of firm value; emphasizes qualitative management assessments; and integrates data from international companies. By examining eight different methods of discounted cash flow valuation and discussing the pros and cons of each method, the book offers thorough, accessible coverage of corporate valuation. The book provides well-structured guidance for practitioners and MBA students with a background in finance.
    • Auction Theory

      • 1st Edition
      • March 13, 2002
      • Vijay Krishna
      • English
      • Paperback
        9 7 8 0 1 2 3 8 8 6 6 4 4
      • eBook
        9 7 8 0 0 8 0 4 7 5 9 6 7
      Auction Theory is the standard reference on auctions and the first source of authoritative information about multi-unit auctions. The book develops the main concepts of auction theory from scratch in a self-contained and theoretically rigorous manner. It explores auctions and competitive bidding as games of incomplete information through detailed examinations of themes central to auction theory. This book complements its superb presentation of auction theory with clear and concise proofs of all results on bidding strategies, efficiency, and revenue maximization. It provides discussions on auction-related subjects, including private value auctions; the Revenue Equivalence Principle; auctions with interdependent values; the Revenue Ranking (Linkage) Principle; mechanism design with interdependent values; bidding rings; multiple object auctions; equilibrium and efficiency with private values; and nonidentical objects. This book is essential reading for graduate students taking courses on auction theory, the economics of information, or the economics of incentives, as well as for any serious student of auctions. It will also appeal to professional economists or business analysts working in contract theory, experimental economics, industrial organization, and microeconomic theory.
    • Profile of the International Pump Industry - Market Prospects to 2007

      • 5th Edition
      • December 13, 2002
      • R. Reidy
      • English
      • Paperback
        9 7 8 1 8 5 6 1 7 3 9 8 8
      • eBook
        9 7 8 0 0 8 0 9 4 9 2 4 6
      This fifth edition of Profile of the International Pump Industry - Market Prospects to 2007 reviews the markets, technological trends, and major manufacturers of industrial pumps. Profile of the International Pump Industry covers both the international pump industry and its associated market, illustrating the structure of the industry, highlighting developments, identifying future trends, and looking at recent mergers and acquisitions. Market estimates and forecasts to 2007, by region and pump type, are presented along with an analysis of the main end-user markets for industrial pumps, and a technology overview. Forty leading international pump manufacturers are profiled and a Top 20 league table of pump manufacturers, ranked by sales of pumps, is given. A directory of pump manufacturing companies and an index of companies by product type are also included.
    • Valuation of Internet and Technology Stocks

      • 1st Edition
      • March 25, 2002
      • Brian Kettell
      • English
      • Hardback
        9 7 8 0 7 5 0 6 5 3 8 3 1
      • Paperback
        9 7 8 0 0 8 0 9 7 2 9 6 1
      • eBook
        9 7 8 0 0 8 0 5 2 0 3 8 4
      Valuation of Internet and Technology Stocks offers practical information on how to value internet and high-tech companies more accurately. The book reviews previous practice, highlights the deficiencies in existing stock market techniques, and shows how to modify or replace them. It also demonstrates how the New Economics necessitates new forms of investment analysis. This book presents new ways of looking, researching and valuing internet and high-tech companies. It explains why there has been a high correlation between high loss companies and a rocketing stock price. It questions whether there is still a place for discounted cash flows when there is no cash flow to discount. It also considers what new methods are available to value super growth companies and whether these methods are any better than existing techniques. Chapters deal with a wide range of topics including: where technology/internet stocks fit in a new economy; how you value traditional common stocks; application of the Porter model to the valuation of technology/internet stocks; problems with applying traditional valuation models for technology/internet stocks; derivative markets and real options; and the lessons that can be learned by investors from the year 2000 collapse of technology/internet stocks. This text will be of interest to traders, investment managers, institutional investors, plan managers, and finance professionals.
    • An Introduction to Executive Compensation

      • 1st Edition
      • April 13, 2002
      • Steven Balsam
      • English
      • Hardback
        9 7 8 0 1 2 0 7 7 1 2 6 4
      • eBook
        9 7 8 0 0 8 0 4 9 0 4 2 7
      General readers have no idea why people should care about what executives are paid and why they are paid the way they are. That's the reason that The Wall Street Journal, Fortune, Forbes, and other popular and practitioner publications have regular coverage on them. This book not only proposes a reason--executives need incentives in order to maximize firm value (economists call this "agency theory")--it also describes the nature and design of executive compensation practices. Those incentives can take the form of benefits (salary, stock options), perquisites (reflecting the status of the executive within the organizational culture. This book is important because it takes the elements of an executive compensation package apart, analyzing them in the contexts of both economic theory and corporate practice and then explains how, under varying conditions, one might construct a compensation package that optimizes an executive's and a corporation's performance.
    • Handbook of Social Choice and Welfare

      • 1st Edition
      • Volume 19
      • August 15, 2002
      • Kenneth J. Arrow + 2 more
      • English
      • Paperback
        9 7 8 1 4 9 3 3 0 2 5 1 2
      • Hardback
        9 7 8 0 4 4 4 8 2 9 1 4 6
      • eBook
        9 7 8 0 0 8 0 9 3 3 4 8 1
      The Handbook of Social Choice and Welfare presents, in two volumes, essays on past and on-going work in social choice theory and welfare economics. The first volume consists of four parts. In Part 1 (Arrovian Impossibility Theorems), various aspects of Arrovian general impossibility theorems, illustrated by the simple majority cycle first identified by Condorcet, are expounded and evaluated. It also provides a critical survey of the work on different escape routes from impossibility results of this kind. In Part 2 (Voting Schemes and Mechanisms), the operation and performance of voting schemes and cost-sharing mechanisms are examined axiomatically, and some aspects of the modern theory of incentives and mechanism design are expounded and surveyed. In Part 3 (structure of social choice rules), the positional rules of collective decision-making (the origin of which can be traced back to a seminal proposal by Borda), the game-theoretic aspects of voting in committees, and the implications of making use of interpersonal comparisons of welfare (with or without cardinal measurability) are expounded, and the status of utilitarianism as a theory of justice is critically examined. It also provides an analytical survey of the foundations of measurement of inequality and poverty. In order to place these broad issues (as well as further issues to be discussed in the second volume of the Handbook) in perspective, Kotaro Suzumura has written an extensive introduction, discussing the historical background of social choice theory, the vistas opened by Arrow's Social Choice and Individual Values, the famous "socialist planning" controversy, and the theoretical and practical significance of social choice theory. The primary purpose of this Handbook is to provide an accessible introduction to the current state of the art in social choice theory and welfare economics. The expounded theory has a strong and constructive message for pursuing human well-being and facilitating collective decision-making.