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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 New Institutional Economics and Development

    Theory and Applications to Tunisia
    • 1st Edition
    • Volume 183
    • M.K. Nabli + 1 more
    • English
    The New Institutional Economics (NIE) and its two main branches, namely, the theory of transaction cost and contractual choice on the one hand, and that of collective action on the other, broaden the analytical framework of mainstream economics. In doing so the NIE attempts to explain the institutional phenomena which, although almost universally recognised as important, have previously eluded the group of economists. This book is concerned with the NIE and its possible application to Development Economics. It has two specific objectives. The first is to show the relevance and assess the applicability of the principles and insights of the NIE to the analysis of the problems of the LDC's. The second is to provide another set of applications and empirical investigations of the NIE. By combining the relevant theoretical background with applications, the book is self-contained and presented in such a way as to be accessible to each of the following types of reader: (1) development economists and practitioners (2) readers interested in institutions and the NIE (3) regional specialists in North Africa and in countries such as Tunisia and (4) those interested in political economy.

  • Principles of Financial Engineering

    • 3rd Edition
    • Robert Kosowski + 1 more
    • English
    Principles of Financial Engineering, Third Edition, is a highly acclaimed text on the fast-paced and complex subject of financial engineering. This updated edition describes the "engineering" elements of financial engineering instead of the mathematics underlying it. It shows how to use financial tools to accomplish a goal rather than describing the tools themselves. It lays emphasis on the engineering aspects of derivatives (how to create them) rather than their pricing (how they act) in relation to other instruments, the financial markets, and financial market practices. This volume explains ways to create financial tools and how the tools work together to achieve specific goals. Applications are illustrated using real-world examples. It presents three new chapters on financial engineering in topics ranging from commodity markets to financial engineering applications in hedge fund strategies, correlation swaps, structural models of default, capital structure arbitrage, contingent convertibles, and how to incorporate counterparty risk into derivatives pricing. Poised midway between intuition, actual events, and financial mathematics, this book can be used to solve problems in risk management, taxation, regulation, and above all, pricing. A solutions manual enhances the text by presenting additional cases and solutions to exercises. This latest edition of Principles of Financial Engineering is ideal for financial engineers, quantitative analysts in banks and investment houses, and other financial industry professionals. It is also highly recommended to graduate students in financial engineering and financial mathematics programs.

  • Inequality, Democracy, and Growth in Brazil

    A Country at the Crossroads of Economic Development
    • 1st Edition
    • Marcos Mendes
    • English
    In terms accessible to non-economists, Marcos José Mendes describes the ways democracy and inequality produce low growth in the short and medium terms. In the longer term, he argues that Brazil has two paths in front of it. One is to create the conditions necessary to boost economic performance and drive the country toward a high level of development. The other is to fail in untying the political knot that blocks growth, leaving it a middle-income country. The source of his contrasting futures for Brazil is inequality, which he demonstrates is a relevant variable in any discussion of economic growth. Inequality illuminates causes of seemingly-unconnecte... problems. This book, which includes freely-accessible documents and datasets, is the first in-depth analysis of an issue that promises to become increasingly prominent.

  • Economic Growth and Sustainability

    Systems Thinking for a Complex World
    • 1st Edition
    • Karen L. Higgins
    • English
    How to sustain our world for future generations has perplexed us for centuries. We have reached a crossroads: we may choose the rocky path of responsibility or continue on the paved road of excess that promises hardship for our progeny. Independent efforts to resolve isolated issues are inadequate. Different from these efforts and from other books on the topic, this book uses systems thinking to understand the dominant forces that are shaping our hope for sustainability. It first describes a mental model - the bubble that holds our beliefs - that emerges from preponderant world views and explains current global trends. The model emphasizes economic growth and drives behavior toward short-term and self-motivated outcomes that thwart sustainability. The book then weaves statistical trends into a system diagram and shows how the economic, environmental, and societal contributors of sustainability interact. From this holistic perspective, it finds leverage points where actions can be most effective and combines eight areas of intervention into an integrated plan. By emphasizing both individual and collective actions, it addresses the conundrum of how to blend human nature with sustainability. Finally, it identifies primary three lessons we can learn by applying systems thinking to sustainability. Its metaphor-rich and accessible style makes the complex topic approachable and allows the reader to appreciate the intricate balance required to sustain life on Earth.

  • Navigating the Business Loan

    Guidelines for Financiers, Small-Business Owners, and Entrepreneurs
    • 1st Edition
    • Morton Glantz
    • English
    The need for "back to basics" information about credit risk has not disappeared; in fact, it has grown among lenders and investors who have no easy ways to learn about their clients. This short and readable book guides readers through core risk/performance issues. Readers learn the ways and means of running more efficient businesses, review bank and investor requirements as they evaluate funding requests, gain knowledge selling themselves, confidence in business plans, and their ability to make good on loans. They can download powerful tools such as banker’s cash flow models and forecast equations programmable into a cell or tablet. Readers can punch keys to ascertain financial needs, calculate sales growth rates calling for external financing, profits required to internally finance their firms, and ways to position revenue growth rates in equilibrium with their firm’s capital structure – a rock-solid selling point among smart lenders and investors. The book’s "how-to," practical and systematical guide to credit and risk analysis draws upon case studies and online tools, such as videos, spreadsheets, and slides in providing a concise risk/return methodology.

  • Handbook of the Economics of International Migration

    The Immigrants
    • 1st Edition
    • Volume 1A
    • Barry Chiswick + 1 more
    • English
    The economic literature on international migration interests policymakers as well as academics throughout the social sciences. These volumes, the first of a new subseries in the Handbooks in Economics, describe and analyze scholarship created since the inception of serious attention began in the late 1970s. This literature appears in the general economics journals, in various field journals in economics (especially, but not exclusively, those covering labor market and human resource issues), in interdisciplinary immigration journals, and in papers by economists published in journals associated with history, sociology, political science, demography, and linguistics, among others.

  • Handbook of the Economics of International Migration

    The Impact
    • 1st Edition
    • Volume 1B
    • Barry Chiswick + 1 more
    • English
    The economic literature on international migration interests policymakers as well as academics throughout the social sciences. These volumes, the first of a new subseries in the Handbooks in Economics, describe and analyze scholarship created since the inception of serious attention began in the late 1970s. This literature appears in the general economics journals, in various field journals in economics (especially, but not exclusively, those covering labor market and human resource issues), in interdisciplinary immigration journals, and in papers by economists published in journals associated with history, sociology, political science, demography, and linguistics, among others.

  • Public Finance

    A Normative Theory
    • 3rd Edition
    • Richard W. Tresch
    • English
    Public Finance remains the premier textbook on the normative theory of government policy, with the third edition propelling into the twenty-first century its examination of what government ought to be doing instead of what it is doing. The welfare aspects of public economics receive extensively renewed examination in this third edition. With four new chapters and other significant revisions, it presents detailed and comprehensive coverage of theoretical literature, empirical work, environmental issues, social insurance, behavioral economics, and international tax issues. With increased emphasis on the European Union, it is rigid enough for use by PhDs while being accessible to students less well trained in math.

  • Hedge Fund Governance

    Evaluating Oversight, Independence, and Conflicts
    • 1st Edition
    • Jason Scharfman
    • English
    Hedge Fund Governance: Evaluating Oversight, Independence and Conflicts summarizes the fundamental elements of hedge fund governance and principal perspectives on governance arguments. An authoritative reference on governance, it describes the tools needed for developing a flexible, comprehensive hedge fund governance analysis framework. Case studies and interviews with professional fund directors shine a bright light of pragmatism on this framework. The author’s global analysis of more than 5,000 hedge fund governance structures enables him to draw realistic conclusions about best practices. He also explores the value consequences of good vs. bad governance, estimating the actual dollar losses that can result from bad governance, as well as the operational and investment performance benefits of certain governance practices.

  • Innovation, Entrepreneurship, and the Economy in the US, China, and India

    Historical Perspectives and Future Trends
    • 1st Edition
    • Rajiv Shah + 2 more
    • English
    What drives innovation and entrepreneurship in India, China, and the United States? Our data-rich and evidence-based exploration of relationships among innovation, entrepreneurship, and economic growth yields theoretical models of economic growth in the context of macroeconomic factors. Because we know far too little about the key characteristics of Chinese and Indian entrepreneurs and the ways they innovate, our balanced, systematic comparison of entrepreneurship and innovation results in a new approach to looking at economic growth that can be used to model empirical data from other countries. The importance of innovation and entrepreneurship to any economy has been recognized since the pioneering work of Joseph Schumpeter. Our analysis of the major factors that affect innovation and entrepreneurship in these three parts of the world – US, China and India –provides a comprehensive view of their effects and their likely futures.

  • Intermediate Financial Theory

    • 3rd Edition
    • Jean-Pierre Danthine + 1 more
    • English
    Targeting readers with backgrounds in economics, Intermediate Financial Theory, Third Edition includes new material on the asset pricing implications of behavioral finance perspectives, recent developments in portfolio choice, derivatives-risk neutral pricing research, and implications of the 2008 financial crisis. Each chapter concludes with questions, and for the first time a freely accessible website presents complementary and supplementary material for every chapter. Known for its rigor and intuition, Intermediate Financial Theory is perfect for those who need basic training in financial theory and those looking for a user-friendly introduction to advanced theory.

  • Sustainable Economic Development

    Resources, Environment, and Institutions
    • 1st Edition
    • Arsenio Balisacan + 2 more
    • English
    Sustainable Economic Development: Resources, Environment, and Institutions presents 25 articles that lay the foundations of sustainable development in a way that facilitates effective policy design. The editors mix broad thematic papers with focused micro-papers, balancing theories with policy designs.The book begins with two sections on sustainable development principles and practice and on specific settings where sustainable development is practiced. Two more sections illuminate institutions, governance, and political economy. Additional sections cover sustainable development and agriculture, and risk and economic security, including disaster management. This rich source of information should appeal to any institution involved in development work, and to development practitioners grappling with an array of difficult on-the-ground developmental challenges.

  • Performance Measurement and Management for Engineers

    • 1st Edition
    • Michela Arnaboldi + 2 more
    • English
    Performance Measurement and Management for Engineers introduces key concepts in finance, accounting, and management to project managers who have engineering backgrounds. It focuses these basic concepts on issues of measuring and managing enterprise value. Thus, after defining enterprise value, the book begins by explaining the ways and means of measurement. It then takes up financial measurement, describing and analyzing the typologies of financial indicators while illustrating their advantages and disadvantages. After focusing on measuring enterprise value, the second section takes up managing that value. Like the first, it pursues a double view: using indicators for internal control while employing them to analyze other companies. If engineering project managers possess a source of quantitative and qualitative information about business management, Performance Measurement and Management for Engineers will help them increase their contributions to the business.

  • Handbook of Game Theory

    • 1st Edition
    • Volume 4
    • Petyon Young + 1 more
    • English
    The ability to understand and predict behavior in strategic situations, in which an individual’s success in making choices depends on the choices of others, has been the domain of game theory since the 1950s. Developing the theories at the heart of game theory has resulted in 8 Nobel Prizes and insights that researchers in many fields continue to develop. In Volume 4, top scholars synthesize and analyze mainstream scholarship on games and economic behavior, providing an updated account of developments in game theory since the 2002 publication of Volume 3, which only covers work through the mid 1990s.

  • China

    Trade, Foreign Direct Investment, and Development Strategies
    • 1st Edition
    • Yanqing Jiang
    • English
    Trade and foreign direct investment (FDI) play a crucial role in shaping China’s development strategies. The development of China’s economy creates strong pressures for continuous restructuring. <I>China</I... therefore explores how trade and FDI affect China’s development strategies regarding the process and pattern of restructuring. The book aims to provide the reader with findings that shed new light on the related issues and problems. The first chapter introduces the topics, and subsequent chapters enter into theoretical discussion and empirical analysis of trade, FDI, and development strategies, followed by a concluding final chapter.

  • The Globalization of Chinese Business

    • 1st Edition
    • Robert Taylor
    • English
    The main theme of the book is the globalisation of China’s markets and Chinese business management in the context of ongoing reform at home and the country’s growing global economic role. The Globalisation of Chinese Business includes contributions relating to a wide range of manufacturing and service sectors, encompassing such areas as foreign investment, state and private enterprise, human resource management, consumer culture and advertising, financial markets and healthcare. Following an introduction by the editor there are four sections, the first focused on the globalisation of Chinese management and the second on the evolution of Chinese management. The remaining sections contain chapters on China’s growing service sector, growing markets and competition, and healthcare system reform. An epilogue by the editor in the remaining section concludes.

  • Collective Choice and Social Welfare

    • 1st Edition
    • Volume 11
    • A.K. Sen
    • English
    This book is concerned with the study of collective preference, in particular with the relationship between the objectives of social action and the preferences and aspirations of society's members. Professor Sen's approach is based on the assumption that the problem of collective choice cannot be satisfactorily discussed within the confines of economics. While collective choice forms a crucial aspect of economics, the subject pertains also to political science, the theory of the state, and to the theory of decision procedures. The author has therefore used material from these disciplines, plus philosophical aspects from ethics and the theory of justice.

  • Consumer Durable Choice and the Demand for Electricity

    • 1st Edition
    • Volume 155
    • J.A. Dubin
    • English
    This book develops the theory of durable choice and utilization. The basic assumption is that the demand for energy is a derived demand arising through the production of household services. Durable choice is associated with the choice of a particular technology for providing the household service. Econometric systems are derived which capture both the discrete choice nature of appliance selection and the determination of continuous conditional demand.Using the National Interim Energy Consumption Survey (NIECS) from 1978, a nested logit model of room air-conditioning, central air-conditioning, space-heating and water heating is estimated. The estimated probability choice model is used to forecast the impacts of proposed building standards for newly constructed single family detached residences. A network thermal model provides unit energy consumptions for alternative heating and cooling systems across time. Monthly billing data matched to NIECS is analyzed permitting seasonal estimation of the demand for electricity and natural gas by households.The theory of price specification for demand subject to a declining rate structure is reviewed and tested. Finally, consistent estimation procedures are used in the presence of possible correlation between dummy variables indicating appliance ownership and the equation error. The hypothesis of simultaneity in the demand system is tested.Conditional moments in the generalized extreme value family are derived to extend discrete continuous econometric systems in which discrete choice is assumed logistic. An efficiency comparison of various two-stage consistent estimation techniques applied to a single equation of a dummy endogenous simultaneous equation system is undertaken and asymptotic distributions are derived for each estimation method.

  • Introduction to Equilibrium Analysis

    Variations on Themes by Edgeworth and Walras
    • 1st Edition
    • Volume 6
    • W. Hildenbrand + 1 more
    • C. J. Bliss + 1 more
    • English
    Advanced Textbooks in Economics, Volume 6: Introduction to Equilibrium Analysis: Variations on Themes by Edgeworth and Walras focuses on the approaches developed and instituted by Edgeworth and Walras in the study of equilibrium analysis. The book first underscores exchange economies, core of a game, and large economies. Discussions focus on economies with a continuum of agents, Walras equilibrium, prices and demand, balancedness, and commodity space. The manuscript then ponders on limit theorems for the core and existence of competitive equilibria. Topics include equilibria without convexity of preferences, existence of equilibria for economies with convex preferences, individual demand, emergence of prices, asymptotic equal treatment for most, uniform boundedness of core allocations, and limit theorems for type and replica economies. The publication examines continuous, upper, and lower hemi-continuous correspondences, fixed point theorems, and separation of convex sets. The book is a vital source of data for economists and researchers interested in equilibrium analysis.

  • Foundations of Econometrics

    • 1st Edition
    • Volume 7
    • Albert Madansky
    • C. J. Bliss + 1 more
    • English
    Advanced Textbooks in Economics, Volume 7: Foundations of Econometrics focuses on the principles, processes, methodologies, and approaches involved in the study of econometrics. The publication examines matrix theory and multivariate statistical analysis. Discussions focus on the maximum likelihood estimation of multivariate normal distribution parameters, point estimation theory, multivariate normal distribution, multivariate probability distributions, Euclidean spaces and linear transformations, orthogonal transformations and symmetric matrices, and determinants. The manuscript then ponders on linear expected value models and simultaneous equation estimation. Topics include random exogenous variables, maximum likelihood estimation of a single equation, identification of a single equation, linear stochastic difference equations, and errors-in-variables models. The book takes a look at a prolegomenon to econometric model building, tests of hypotheses in econometric models, multivariate statistical analysis, and simultaneous equation estimation. Concerns include maximum likelihood estimation of a single equation, tests of linear hypotheses, testing for independence, and causality in economic models. The publication is a valuable source of data for economists and researchers interested in the foundations of econometrics.

  • Variational Methods in Economics

    • 1st Edition
    • Volume 1
    • G. Hadley + 1 more
    • C. J. Bliss
    • English
    Advanced Textbooks in Economics, Volume 1: Variational Methods in Economics focuses on the application of variational methods in economics, including autonomous system, dynamic programming, and phase spaces and diagrams. The manuscript first elaborates on growth models in economics and calculus of variations. Discussions focus on connection with dynamic programming, variable end points-free boundaries, transversality at infinity, sensitivity analysis-end point changes, Weierstrass and Legendre necessary conditions, and phase diagrams and phase spaces. The text then ponders on the constraints of classical theory, including unbounded intervals of integration, free boundary conditions, comparison functions, normality, and the problem of Bolza. The publication explains two-sector models of optimal economic growth, optimal control theory, and connections with the classical theory. Topics include capital good immobile between industries, constrained state variables, linear control problems, conversion of a control problem into a problem of Lagrange, and the conversion of a nonautonomous system into an autonomous system. The book is a valuable source of information for economists and researchers interested in the variational methods in economics.

  • The Economics of Organization

    • 1st Edition
    • Volume 21
    • James D. Hess
    • C.J. Bliss + 1 more
    • English
    Advanced Textbooks in Economics, Volume 21: The Economics of Organization focuses on the processes, methodologies, and approaches involved in the study of various topics in economics, mathematical economics, and econometrics. The publication first ponders on the general resource allocation problem, particularly noting that a theory of resource allocation is formed by studying the deliberate and purposeful choices of individuals to provide a model for human behavior in the economic realm. The theory of exchange emphasizes that coordination and equilibrium must be formed to explain social linkages. The text then explains market allocation, and a number of propositions are discussed to show the dynamics of this field. The manuscript elaborates on transaction costs, markets and uncertainty, and behavior in the face of uncertainty. The publication also takes a look at the terms of authority, measuring of information, value of communication in teams, cost of communication, and budget planning. The formal organization of decision-making, hierarchical supervision and loss of control, alternative requirements of formal organization, and expedience and incentives are also underscored. The text is a valuable reference for researchers interested in the economics of organization.

  • Microeconomics

    Institutions, Equilibrium and Optimality
    • 1st Edition
    • Volume 30
    • 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
    • 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.

  • Applied Consumption Analysis

    • 2nd Edition
    • Volume 5
    • 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.

  • Economics of Insurance

    • 1st Edition
    • Volume 29
    • 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.

  • Strategies of Banks and Other Financial Institutions

    Theories and Cases
    • 1st Edition
    • 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
    • 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.

  • China's Road to Development

    • 2nd Edition
    • N. Maxwell
    • English
    China's Road to Development is a collection of papers by specialists on aspects of China's economy and society. It covers a wide range of subjects, from development strategy to the specifics of small-scale energy exploitation, from the role of women in China's development to the 'greening' of China through great efforts in afforestation. Commenting on the limited issue original edition (a special issue of the journal World Development) from which this volume has been greatly expanded, Dr. Knowles, President of the Rockefeller Foundation, wrote: "A magnificent collection ot essays by very astute and experienced observers, covering everything from population control, health, economic planning, trade, city planning and rural development to Chinese aid in building the Tanzania-Zambia railway. If I could only afford two books on modern China, I would get this one..."

  • The Third World Congress on Biosensors Abstracts

    1-3 June 1994, New Orleans, USA
    • 1st Edition
    • Abstracts
    • English
    Biosensors 94: The Third World Congress on Biosensors Abstracts focuses on the progress in the field of biosensors, including immuno-absorbent 'catch' system, surface plasmon resonance, and chemiluminescence. The selection first offers information on the development of a commercial multichannel clinical sensor chip; commercial development and application of biosensors; amperometric biosensors based on dehydrogenase/NAD and heterocyclic quinones; and enzyme-epoxy membrane based semi-automated glucose analyzing system. The text then takes a look at the orientation of antibody fragments to increase TIRF immunosensor efficiency and the development of latex-technology for specific DNA detection with surface plasmon resonance. The book elaborates on gas-phase biosensor for the determination of ethanol vapor; novel electrochemical gas phase biosensors for the detection of phenolic vapors; and the development of an immuno-absorbent 'catch' system for the detection of pesticides and pesticide analogues. The book also ponders on the kinetics of binding of immobilized antibodies under nonequilibrium, flow conditions; flow injection thin-layer cell immunosensor with chemiluminescent detection of peroxidase label; and new optical fiber sensor for detecting chemiluminescence and its application to immunoassay. The selection is a valuable source of data for researchers interested in biosensors.

  • National Trade Policies

    • 1st Edition
    • D. Salvatore
    • English
    The aim of this volume is to examine and compare the trade policies followed by the most important trading nations of the world. Today there are few, if any, large scale studies of comparative trade such as this one. Moreover trade policies and controversies are expected to become even more important in the future.The volume offers an easily accessible overview of trade policies in each of the world's major trading countries. Thus, this handbook can be of great use to students of comparative economic systems in general and to economists, policymakers, and the general informed public, serving as a comprehensive source of reference and comparison. The references at the end of each chapter and the selected bibliography at the end of the volume identify the most important sources of additional information on the trade policies of the world's most important trading countries.

  • The Evaluation of Risk in Business Investment

    • 1st Edition
    • 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

  • Modelling Welfare State Reform

    • 1st Edition
    • Volume 225
    • G.M.M. Gelauff + 1 more
    • English
    In order to analyze the economic effects of various policy proposals for reforming the welfare state a model has been developed called MIMIC. The structure of this model is presented in the first part of this book. The model combines various modern labour market theories with a detailed description of relevant labour market institutions in an applied general equilibrium context. The second part of the volume contains an elaborate presentation of the simulation results of MIMIC, such as various tax policies, a reduction in benefits or the official minimum wage, individualization of the tax and social security system and the introduction of negative income tax. The model has proved to be a unique instrument for policy evaluation for the Netherlands.

  • System-Theoretic Methods in Economic Modelling I

    • 1st Edition
    • Volume 19
    • S. Mittnik
    • English
    The value of applying system-theoretic concepts to economic modelling problems arises from the fact that it offers a unifying framework for modelling dynamic systems. In addition to offering this powerful conceptual framework, it provides a wide range of tools useful in applied work. System-theoretic techniques enter predominantly two stages of economic modelling efforts: the stage of model construction and the stage of model application in accordance with the modelling. The objective of this and subsequent volumes on System-Theoretic Methods in Economic Modelling I is to initiate and/or intensify dialogues between researchers and practitioners within and across the disciplines involved. This first volume brings together papers exhibiting a wide range of system-theoretic techniques and applications to economic problems. The papers have been divided into two groups, following roughly--but not necessarily--the above classification into the construction and application stages of economic modelling. The papers in the first group focus on the identification of dynamic and static systems, while the papers in the second group address dynamic optimization problems.

  • Economic Theory and the Cities

    • 2nd Edition
    • J. Vernon Henderson
    • English
    The Second Edition of Economic Theory and the Cities has been revised and expanded with both the graduate student and the practicing professional in mind. Providing a state-of-the-art synthesis of important theoretical topics in urban economics, the volume emphasizes the fundamental links between urban economics and new developments in mainstream economic theory.@from:From the Preface: In this book I present what I believe to be the most important theoretical topics in urban economics. Since urban economics is a rather diffuse field, any presentation is necessarily selective, reflecting personal tastes and opinions. Given that, I note on what basis I chose the material that is presented and developed.First, the basic spatial model of a monocentric city is presented, since it lays the foundation for thinking about many of the topics in urban economics. The consideration of space and spatial proximity is one central feature of urban economics that distinguishes it from other branches of economics. The positive and negative externalities generated by activities locating in close spatial proximity are central to analysis of urban phenomena. However, in writing this book I have tried to maintain strong links between urban economics and recent developments in mainstream economic theory. This is reflected in the chapters that follow, which present models of aspects of the most important topics in urban economics--externali... housing, transportation, local public finance, suburbanization, and community development. In these chapters, concepts from developments in economics over the last decade or so are woven into the traditional approaches to modeling these topics. Examples are the role of contracts in housing markets and community development; portfolio analysis in analyzing housing tenure choice and investment decisions; the time-inconsistency problem in formulating long-term economic relationships between communities, developers, and local governments; search in housing markets; and dynamic analysis in housing markets and traffic scheduling. The book ends with chapters on general equilibrium models of systems of cities, demonstrating how individual cities fit into an economy and interact with each other.This book is written both as a reference book for people in the profession and for use as a graduate text. In this edition, a strong effort has been made to present the material at a level and in a style suitable for graduate students. The edition has greatly expanded the sections on housing and local public finance so these sections could be studied profitably by a broad range of graduate students. Recommended prerequisites are an undergraduate urban economics course and a year of graduate-level microeconomic theory. It is possible that the book can be used in very advanced undergraduate courses if the students are well versed in microeconomics and are quantitatively oriented.

  • Economic Modeling in the Nordic Countries

    • 1st Edition
    • Volume 210
    • L. Bergman + 1 more
    • English
    A selection of macroeconomic models used, or intended for, economic forecasting or policy analysis in the four Nordic countries (Denmark, Finland, Norway and Sweden), is presented in this volume. New features and model applications are discussed and the models used by the Ministries of Finance are evaluated, with special attention to the role of relative prices and their treatment of the supply side. In addition there is a systematic comparison of results from model simulations on the main macroeconomic models in the four Nordic countries. The papers fall naturally into two sections. In Part One the focus is on the short-to-medium term models; in Part Two the focus switches to a presentation of three models that may all be classified as applied general equilibrium (AGE) models.

  • Dynamic Modelling & Control of National Economies 1986

    Proceedings of the 5th IFAC/IFORS Conference, Budapest, Hungary, 17-20 June 1986
    • 1st Edition
    • B. Martos + 2 more
    • English
    This IFAC symposium considers the modelling, analysis and control of various economic and socio-economic systems. The volume is divided into three sections covering: economic theory; macroeconomic policymaking - national, sectoral and regional models; mathematical, algorithmical and computational methods of modelling, giving a clear and concise view of the use of computer systems in the world of economics.

  • Plans and Disequilibria in Centrally Planned Economies

    Empirical Investigations for Poland
    • 1st Edition
    • Volume 159
    • W. Charemza + 1 more
    • English
    The purpose of this study is to investigate interrelations between planning mechanisms and disequilibria in a case where the planning decisions are centralized and are exogenously given to enterprises. The first introductory chapter is intended to provide an understanding of Poland's economic situation during the period under research. In the next five chapters the basic model, describing the households-planners relations in terms of consumption, labour, money and plans are derived, estimated, used for calculation of excess demands, for simulation of some monetary policies, and, finally, for providing optimal control experiments in which consumption excess demand is minimized on a reasonable level of the consumption volume. In the next two chapters the basic model is gradually extended, and the last chapter summarizes the results by formulating a more effective macroeconomic policy.

  • The Police

    Autonomy and Consent
    • 1st Edition
    • Michael Brogden
    • English
    The Police: Autonomy and Consent is composed of two parts dealing mainly on the theme of police autonomy (Chapters 2-6) and the reciprocal theme of consent (Chapters 7-9). In particular, Chapter 2 is devoted to an historical account of the development of early police autonomy. Chapters 3 and 4 consider the political relation of the successor force within the local state in the mid-1970s, and the historical changes in the relationship between the police institution and the central state, respectively. Subsequent two chapters locate the core problem in considering police independence within the legal domain, and the role and political orientations of the three intrapolice organizations in reinforcing the development of autonomy. Chapter 7 demonstrates that different forms of relationship have historically characterized the relations between police institutions and the different social classes. The last two chapters present evidence on consent, and draws the themes of autonomy and consent together by focusing on the role of the chief police officer, positioned at the nexus between structural demands and organizational restraints, in continually negotiating definitions and practices of police work.

  • Problems of the Mixed Economy

    Cooperation, Efficiency, and Stability
    • 1st Edition
    • Volume 189
    • H. Carlsson + 1 more
    • English
    The problems of the modern mixed economy are presented in this book, including general theoretical analyses and applications to specific areas. The subject is treated both mathematically and in a non-technical way.This volume consists of four parts. The papers in Part I are mainly related to the micro-foundations of the mixed economy. The papers in Part II address a number of issues concerning the fundamental properties of the mixed economy. The papers in Part III and IV respectively deal with taxation and public policy evaluation and the role of institutional design. The various articles provide new and stimulating insights in the areas of collective action, economic organization and public sector activities. A few articles contain applications to the Swedish economy.

  • Multinomial Probit

    The Theory and Its Application to Demand Forecasting
    • 1st Edition
    • Carlos Daganzo
    • English
    Multinomial Probit: The Theory and Its Application to Demand Forecasting covers the theoretical and practical aspects of the multinomial probit (MNP) model and its relation to other discrete choice models. This text is divided into five chapters and begins with an overview of the disaggregate demand modeling in the transportation field. The subsequent chapters examine the computational aspects of the maximum-likelihood estimation and the statistical aspects of MNP model calibration. These chapters specifically describe the properties of the log-likelihood function and the statistical properties of MNP estimators. These topics are followed by a discussion of the mechanical aspects of the MNP model. The closing chapter examines the errors in the estimation of the true parameter value due to lack of data and how these errors propagate to the final prediction. This book will prove useful to econometricians, engineers, and applied mathematicians.

  • Foundations of Measurement

    Volume 3
    • 1st Edition
    • R Duncan Luce
    • English
    From the Foreword is infinite in multitude; and I mean by the sand not only that which exists about Syracuse and the rest of Sicily but also that which is found in every region whether inhabited or unhabited. Again there are some who, without regarding it as infinite, yet think that no number has been named which is great enough to exceed its multitude. And it is clear that they who hold this view, if they imagined a mass made up of sand in other respects as large as the mass of the earth, including in it all the seas and the hollows of the earth filled up to a height equal to that of the highest mountains, would be many times further still from recognizing that any number could be expressed which exceeded the multitude of the sand so taken. But I will try to show you by means of geometrical proofs, which you will be able to follow, that, of the numbers named by me and given in the work which I sent to Zeuxippus, some exceed not only the number of the mass of sand equal in magnitude to the earth filled up in the way described, but also that of a mass equal in magnitude to the universe.:

  • Computational Vision

    • 1st Edition
    • 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.

  • Modern Material Culture

    The Archaeology of Us
    • 1st Edition
    • Richard A. Gould + 1 more
    • English
    Modern Material Culture: The Archaeology of Us presents the relationships between human behavior and materials to contemporary societies. This book discusses the various aspects of material behavior in contemporary human societies. Organized into three parts encompassing 21 chapters, this book begins with an overview of the theory and teaching of the material culture approach. This text then presents ethnographic case studies that posit various general statements about human behavior in relation to materials as varied as herbs, coins, fences, graffiti, and domestic architecture. Other chapters consider a variety of topics ranging from mortuary practices and beliefs to the reuse and recycling of goods in the U.S. This book discusses as well the experimental approaches to material culture studies. The final chapter deals with the artifacts of aboriginal Australian settlements. This book is a valuable resource for archeologists, anthropologists, and readers who are interested in human behavior in relation to materials.

  • Assessment Through Interviewing

    • 2nd Edition
    • G. Shouksmith
    • English
    This edition retains much of the material of the first edition, but includes extended material on planning for the interview, and on the conduct of the interview, aimed at making its coverage of the basic concepts more comprehensive. Use of groups for individual assessment and development, particularly in human relations training contexts, has increased immeasurably in the last decade, and this has necessitated a more extensive treatment of the theory and practice of group dynamics; the use of counselling interviews receives more attention in this edition, in recognition of recent advances in the use of the interview therapeutically

  • History of Computing in the Twentieth Century

    • 1st Edition
    • Nicholas Metropolis
    • English
    A History of Computing in the Twentieth Century focuses on the advancements in the processes, methodologies, programs, and techniques in computing. The selection first elaborates on computing developments in Cambridge, U.S.A., pioneering work on computers at Bletchley, and the COLOSSUS. Discussions focus on secrecy and priority, the first COLOSSUS, MARK II COLOSSUS, postwar developments in computing, and the HEATH ROBINSON project. The text then ponders on Turing's work at the National Physical Laboratory and the construction of Pilot ACE, DEUCE, and ACE, the Smithsonian Computer History Project, and programming in America. Topics include origins of FORTRAN, optimization techniques in FORTRAN, DEUCE computer, and the Pilot ACE. The book takes a look at the development of programming in the USSR, advancement of programming languages, and reflections on the evolution of algorithmic language. The book also examines the computer development at Manchester University, the sieve process, MANIAC project, and the ENIAC project. The selection is a valuable reference for computer science experts and researchers interested in the development of computing.

  • Global International Economic Models

    Selected Papers from an IIASA Conference
    • 1st Edition
    • Volume 147
    • B.G. Hickman
    • English
    This volume surveys the state-of-the-art of global international modeling. All 15 models included in the survey feature national or regional disaggregation of the world economy and interdependencies among the various nations and regions. A few are constructed for short-term forecasting, but the primary focus is on long-run models and applications.Macroec... input-output, general equilibrium, trade and exchange rate, and several hybrid models are included. A cross-sectional analysis by the editor compares the structures, linkage mechanisms, methodologies and applications of the various models and concludes with some observations on prospective research trends.

  • Phytolyth Analysis

    An Archaeological and Geological Perspective
    • 1st Edition
    • Dolores R. Piperno
    • English
    This is a methodological guide to the use of plant opal phytolith analysis in paleoenvironmental and paleoecological reconstruction. It is the first book-length treatment of this promising technique, which has undergone rapid development within the past few years and is now beginning to be used with considerable success by paleobotanists who serve the archaeological and paleontological research communities. It will be mandatory reading for all paleobotanists, paleoecologists, and archaeological scientists.

  • Comparisons of Prices and Real Products in Latin America

    • 1st Edition
    • Volume 194
    • J. Salazar-Carrillo + 1 more
    • English
    Contained in this book are studies related to the computation of purchasing power parities for comparing real income and product among Latin American countries. The principal components of income and product comparisons are discussed: from designing and executing benchmark studies, to extrapolating results for non-benchmark years. Different comparative methods and measurement techniques, including index number formulations, are considered. Comparisons of Latin countries with other countries are also undertaken.This volume aims to illuminate the thorny theoretical and methodological issues involved in regional comparisons, and to facilitate the practical application of the comparative approach to the many sided policy problems generated by a rapidly integrating international economy.

  • Dialect and Language Variation

    • 1st Edition
    • English
    This anthology emphasizes dialects of American English and language variation in America. The editors present original essays by today's leading investigators, including articles by some of Europe's best dialectologists, obtained expressly for this work.

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