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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.

  • The Second Paycheck

    A Socioeconomic Analysis of Earnings
    • 1st Edition
    • Alice Nakamura + 1 more
    • English
    The Second Paycheck: A Socioeconomic Analysis of Earnings is a comprehensive analysis of the socioeconomic aspects of earnings, with emphasis on the dynamic labor supply behavior of men and women. The importance of dynamic models in understanding labor supply is highlighted. The impact of children on the dynamic labor supply of men and women, and how changes in marital status affect female labor supply, are also discussed. Comprised of eight chapters, this book begins by considering several reasons why the labor force behavior of married women has become an important topic in the mainstream of the economics literature. The work behavior of married women is examined in the larger context of the work behavior of married and unmarried men and women. Furthermore, a microanalytic simulation approach to behavioral research and forecasting is presented. The behavioral model used in this study is then described. In addition to coefficient estimates, the probabilities of work, expected wage rates and expected hours of work are analyzed. A Heckman-type model of work behavior is also generalized to include unemployment. This monograph is intended for economists, sociologists, students of labor economics, researchers, forecasters, and those from all backgrounds who are interested in understanding or forecasting the employment and earnings behavior of women.
  • Foundations of Decision Support Systems

    • 1st Edition
    • Robert H. Bonczek + 2 more
    • J. William Schmidt
    • English
    Foundations of Decision Support Systems focuses on the frameworks, strategies, and techniques involved in decision support systems (DSS). The publication first takes a look at information processing, decision making, and decision support; frameworks for organizational information processing and decision making; and representative decision support systems. Discussions focus on classification scheme for DSS, abilities required for decision making, division of information-processi... labor within an organization, and decision support. The text then elaborates on ideas in decision support, formalizations of purposive systems, and conceptual and operational constructs for building a data base knowledge system. The book takes a look at building a data base knowledge system, language systems for data base knowledge systems, and problem-processing systems for data base knowledge systems. Topics include problem processors for computationally oriented DSS, major varieties of logical data structures, and indirect associations among concepts. The manuscript also examines operationalizing modeling knowledge in terms of predicate calculus; combining the data base and formal logic approaches; and the language and knowledge systems of a DSS based on formal logic. The publication is a valuable reference for researchers interested in decision support systems.
  • General Equilibrium Models of Monetary Economies

    Studies in the Static Foundations of Monetary Theory
    • 1st Edition
    • Ross M. Starr
    • English
    General Equilibrium Models of Monetary Economies: Studies in the Static Foundations of Monetary Theory is a collection of essays that addresses the integration of the theory of money and the theory of value by using a mathematical general equilibrium theory. The papers discuss monetary theory, microeconomic theory, bilateral trade, transactions costs, intertemporal allocation, and the value of money. The Arrow-Debreu model of Walrasian general equilibrium theory provides a framework to represent money as a device for facilitating trade among economic agents without the use of money as a medium of exchange and as a store of value. The essays analyze the rationale for using a medium of exchange, for using a store of value, and for holding of idle balances in equilibrium. The essays show that by explicit modeling of the structure and difficulties of trade, a powerful class of models which deny money and finance a role in the economy, has by itself shown to have provided the foundation for the structures of trade. The collection will prove helpful for economists, statistician, mathematicians, students or professors of economics and business.
  • Arrow Impossibility Theorems

    • 1st Edition
    • Jerry S. Kelly
    • Karl Shell
    • English
    Arrow Impossibility Theorems is a 10-chapter text that describes existing impossibility theorems. This book explores a number of formalizations of ethical constraints of the theorems. After an introduction to the framework and notation for Arrow impossibility theorems, this book goes on discussing some concepts and an apparatus of relations among those concepts which are important for the theorems. Other chapters present some impossibility results that serve to point out serious difficulties in some plausible escape routes from the theorems of earlier chapters. The final chapter describes important areas of research that have arisen in the collective choice field in the transition away from studying the conditions of Arrow's theorem alone to the totality of all impossibility theorems. This book is intended primarily for economists.
  • Uncertainty in Economics

    Readings and Exercises
    • 1st Edition
    • Peter Diamond + 1 more
    • English
    Uncertainty in Economics: Readings and Exercises provides information pertinent to the fundamental aspects of the economics of uncertainty. This book discusses ho uncertainty affects both individual behavior and standard equilibrium theory. Organized into three parts encompassing 30 chapters, this book begins with an overview of the relevance of expected utility maximization for positive and normative theories of individual choice. This text then examines the biases in judgments, which reveal some heuristics of thinking under uncertainty. Other chapters consider the effect of restricting trade in contingent commodities to those trades that can be affected through the stock and bond markets. This book discusses as well the individual problem of sequential choice and equilibria, which are built around the notion of sequential choice. The final chapter deals with an entirely different aspect of the economics of information and reverts to the assumption that markets are perfect and costless. This book is a valuable resource for economists and students.
  • Economics and Operational Research

    • 1st Edition
    • M. H. Beilby
    • English
    Economics and Operational Research explores the possible connections of the organization of human and material resources by concentrating on the interpretations of management decisions at various levels in the economy. This book discusses economics and mathematics as an analytical tool. Organized into 10 chapters, this book begins with an overview of how consumers manage their own budgets and how manufacturers select their production processes. This text then described generally how consumers and producers react to each other. Other chapters consider the problem of the transportation of goods through busy road networks and the efficiency attained through central planning. This book discusses as well the control of congestion that arises through decentralization and the construction of an overall planning model. The final chapter discusses the important aspects of national planning, wherein the collection of all consumers and producers makes up one large economic system. This book is a valuable resource for management and engineering personnel.
  • General Equilibrium, Growth, and Trade

    Essays in Honor of Lionel McKenzie
    • 1st Edition
    • Jerry R. Green + 1 more
    • English
    General Equilibrium, Growth, and Trade: Essays in Honor of Lionel McKenzie provides information pertinent to the three main areas of Professor McKenzie's scientific research, namely, international trade, economic growth, and general equilibrium theory. This book highlights the main aspects of McKenzie's work. Organized into three parts encompassing 21 chapters, this book begins with an overview of the regularizing effects of aggregation over nonregular microrelations. This text then examines the theory of a multiperiod monopolist incurring nonseparable labor adjustment costs, which is developed when investment is irreversible. Other chapters consider the behavior of a price-maker in a competitive market as a preliminary step to a more complete analysis of pure competition. This book discusses as well the effects of uncertainty on optimal decisions, which constitutes an increasingly essential area of economic research. The final chapter deals with the general equilibrium macroeconomic model. This book is a valuable resource for economists and economic theorists.
  • Inflation!

    A Study in Stability
    • 1st Edition
    • J.W.C. Cumes
    • English
    Inflation! A Study in Stability focuses on the processes, factors, methodologies, and principles employed in the study of inflation. The book first underscores the constantly changing context of economic theories and policies as they apply to various facets of economy. The manuscript then examines estate management by the rich and the balance of production. The text takes a look at the influence of industrial revolution in uplifting economy, particularly noting the material achievements it has given to humanity. The book then underscores the value of exchange and interest in shaping economy, wherein it is emphasized that these factors are the visible measures by which economy can be gauged. The manuscript is a vital source of information for researchers and economists interested in studying the factors, conditions, and issues involved in inflation.
  • Economic Co-Operation in the Commonwealth

    The Commonwealth and International Library: Commonwealth Affairs Division
    • 1st Edition
    • Guy Arnold
    • Kenneth Bradley + 1 more
    • English
    Economic Co-Operation in the Commonwealth focuses on the dynamics, issues, and political color of economic co-operation in the Commonwealth countries. The publication first elaborates on the economics of imperialism and basis for economic co-operation. Discussions focus on factors after the war, emergence of new Commonwealth, beginnings of aids, independence, free trade and protection, and World War I. The text then elaborates on trade, sterling, and investment and economic blocs. Topics include common market, United States, regional blocs, pattern of the Commonwealth trade, sterling and the sterling area, and investment. The manuscript ponders on immigration and minorities, neo-colonialism, and aid, including general flow of aid, Commonwealth needs, and Commonwealth aid effort and plan. The publication is a vital source of information for researchers interested in the economic co-operation in the Commonwealth countries.
  • Science and Starvation

    An Introduction to Economic Development
    • 1st Edition
    • Donald J. Hughes
    • English
    Science and Starvation: An Introduction to Economic Development focuses on the relationship of the advancement of science and the proliferation of poverty. The book first underscores the nature of poverty, development of the West and other countries, and some principles of development. The text takes into consideration the comfort brought about by scientific revolution and also the increasing reality of starvation which affects millions. The publication takes a look at the discrepancy of living conditions in different countries, wherein it is noted that countries in the West have better living conditions due to the tremendous growth in science and technology in their sector. This fact is particularly evident in the United States, Japan, and the Soviet Union. The text ponders on international aid, United Nations aid, and the population problem. The contributions of the United Nations to various projects targeted at fighting poverty is underscored. The publication is a valuable source of data for researchers interested in the relationship of science and poverty.