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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.

  • Microeconomics

    Institutions, Equilibrium and Optimality
    • 1st Edition
    • Volume 30
    • July 15, 2014
    • M.C. Blad + 1 more
    • English
    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.
  • Public Enterprise Economics

    Theory and Application
    • 2nd Edition
    • Volume 23
    • July 15, 2014
    • Dieter Bös
    • C. J. Bliss + 1 more
    • English
    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.
  • Economics of Insurance

    • 1st Edition
    • Volume 29
    • July 14, 2014
    • K.H. Borch + 2 more
    • English
    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.
  • Applied Consumption Analysis

    • 2nd Edition
    • Volume 5
    • July 14, 2014
    • L. Phlips
    • English
    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.
  • Strategies of Banks and Other Financial Institutions

    Theories and Cases
    • 1st Edition
    • July 11, 2014
    • Rajesh Kumar
    • English
    How and why do strategic perspectives of financial institutions differ by class and region? Strategies of Banks and Other Financial Institutions: Theories and Cases is an introduction to global financial institutions that presents both theoretical and actual aspects of markets and institutions. The book encompasses depository and non-depository Institutions; money markets, bond markets, and mortgage markets; stock markets, derivative markets, and foreign exchange markets; mutual funds, insurance, and pension funds; and private equity and hedge funds. It also addresses Islamic financing and consolidation in financial institutions and markets. Featuring up-to-date case studies in its second half, Strategies of Banks and Other Financial Institutions proposes a useful theoretical framework and strategic perspectives about risk, regulation, markets, and challenges driving the financial sectors.
  • The Changing Landscape of China’s Consumerism

    • 1st Edition
    • July 2, 2014
    • Alison Hulme
    • English
    Consumerism in China has developed rapidly. The Changing Landscape of China's Consumerism looks at the growth of consumerism in China from both a socio-economic and a political/cultural angle. It examines changing trends in consumption in China as well as the impact of these trends on society, and the politics and culture surrounding them. It examines the ways in which, despite needing to "unlock" the spending power of the rural provinces, the Chinese authorities are also keen to maintain certain attitudes towards the Communist Party and socialism "with Chinese Characteristics." Overall, it aims to show that consumerism in China today is both an economic and political phenomenon and one which requires both surrounding political culture and economic trends for its continued establishment. The ways in which this dual relationship both supports and battles with itself are explored through apposite case studies including the use of New Confucianism in the market context, the commodification of Lei Feng, the new Chinese tourist as a diplomatic tool in consumption, the popularity of Shanzhai (fake product) culture, and the conspicuous consumption of China's new middle class.
  • Adaptive Responses of Native Amazonians

    • 1st Edition
    • June 28, 2014
    • Raymond B. Hames
    • English
    Adaptive Responses of Native Amazonians investigates the adaptive responses of the aborigines of Amazonia from the ecological perspective within anthropology. The discussions are organized around the major modes of Amazonian subsistence (cultivation, hunting and fishing), nutrition, and settlement pattern. Comprised of 15 chapters, this volume begins with an overview of Amazonian ecosystems, citing environmental models of Amazonian adaptive behavior and sociocultural evolution as well as the problematic definition or measure of the concept of adaptation. The reader is then introduced to shifting cultivation among the Machiguenga, Native American inhabitants of the tropical rainforest of the Upper Amazon, and the Kuikuru, one of three Carib-speaking villages located at the headwaters of the Xingú River. Subsequent chapters focus on the adaptive strategies of the Wakuénai people to the oligotrophic rainforest of the Rio Negro Basin; neotropical hunting among the Aché of Eastern Paraguay; trekking by the Mekranoti-Kayapó Indians of Central Brazil in lowland South America; and fishing patterns among the Cocamilla Indians of Achual Tipishca in the Huallaga River Basin in northeastern Peru. The book also considers nutrition and settlement patterns among native Amazonians. This monograph will be a useful resource for anthropologists, scholars, specialists, and others who are interested in the general fields of human ecology, South American ethnology, and tropical studies.
  • Asymptotic Theory for Econometricians

    • 1st Edition
    • June 28, 2014
    • Halbert White
    • English
    This book is intended to provide a somewhat more comprehensive and unified treatment of large sample theory than has been available previously and to relate the fundamental tools of asymptotic theory directly to many of the estimators of interest to econometricians. In addition, because economic data are generated in a variety of different contexts (time series, cross sections, time series--cross sections), we pay particular attention to the similarities and differences in the techniques appropriate to each of these contexts.
  • Computational Vision

    • 1st Edition
    • June 28, 2014
    • Harry Wechsler
    • English
    The book is suitable for advanced courses in computer vision and image processing. In addition to providing an overall view of computational vision, it contains extensive material on topics that are not usually covered in computer vision texts (including parallel distributed processing and neural networks) and considers many real applications.
  • The Evaluation of Risk in Business Investment

    • 1st Edition
    • June 28, 2014
    • J.C. Hull
    • English
    Provides finance specialists in industry and students of management with a comprehensive set of practical procedures for evaluating the total risk in the major capital investment decisions facing a business. It discusses in detail how companies can make effective use of sensitivity analyses, risk simulations and other techniques, and deals in depth with important issues, such as: How should the results of a sensitivity analysis be interpreted?; How can adequate subjective probability distributions be obtained? How can dependencies between variables be dealt with in a practical way?; The emphasis throughout is on 'how to do it' and the reader needs only a slight knowledge of statistics. A particularly important feature of the book is the FORTRAN subroutines in Appendices A and B which the author prepared for calculating risk evaluations