This book provides a concise analysis of behavioural biases and their implications for financial decision making. The book is written in the normative tradition, arguing strongly for the superiority of behavioural finance with respect to explaining observed phenomena in financial markets. It offers some unique features, including a discussion of the issue of conspiracy theory and how behavioural biases lead to belief in conspiracy theories. Lingering belief in the principles of neoclassical finance is attributed in part to the doctrine of publish or perish, which dominates contemporary academia. The offshoots of behavioural finance are discussed in detail, including ecological finance, environmental finance, social finance, experimental finance, neurofinance, and emotional finance. A comprehensive discussion of narcissism is presented where it is demonstrated that narcissistic behaviour is prevalent in the finance industry and that it led to the eruption of the global financial crisis.

This book presents emerging technology management approaches and applied cases from leading infrastructure sectors such as energy, healthcare, transportation and education. Featuring timely topics such as fracking technology, electric cars, Google's eco-friendly mobile technology and Amazon Prime Air, the volume's contributions explore the current management challenges that have resulted from the development of new technologies, and present tools, applications and frameworks that can be utilized to overcome these challenges. Emerging technologies make us rethink how our infrastructure will look in the future. Solar and wind generation, for example, have already changed the dynamics of the power sector. While they have helped to reduce the use of fossil fuels, they have created management complications due to their intermittent natures. Meanwhile, information technologies have changed how we manage healthcare, making it safer and more accessible, but not without implications for cost and administration. Autonomous cars are around the corner. On-line education is no longer a myth but still a largely unfulfilled opportunity. Digitization of car ownership is achievable thanks to emerging business models leveraging new communication technologies. The major challenge is how to evaluate the relative costs and benefits of these technologies. This book offers insights from both researchers and industry practitioners to address this challenge and anticipate the impact of new technologies on infrastructure now and in the future.

This book explores the undeveloped potential of video-ethnography to study the material, embodied and sensory dimensions of workplace practices. With the growing interest in sociomateriality and the development of research on the embodied and sensory dimensions of organizational practices, some methodological challenges of this type of research need to be addressed. The main purpose of this book is to present various forms of video-ethnography that make organizational phenomena visible and help better appreciate the organizing properties of bodies, affects, senses and spaces in workplace practices. To do so, illustrative cases based on video-ethnography was discussed to understand how experiential and unspoken ways of knowing produced through a video-based approach can be made meaningful and relevant to study the material, embodied and sensory dimension of work practices. This book is addressed to researchers and students in social sciences and organizational studies and offers a methodological reflection on how to study the material, embodied, and sensory dimensions of organizational life.

This book is a rigorous attempt to address the problem of corruption by using various methodologies and perspectives. Among other innovative mechanisms, Soreide proposes to extend responsibility to those who benefit indirectly from corruption. She also suggests extending the duties of private actors to help the government in addressing corruption. She discusses the nature of sanctions and she proposes empowering courts to debar suppliers for public contracts. Soreide's analysis is careful, attentive to the evidence, and provides practical solutions to some of the most difficult challenges facing contemporary societies. This book should be read and influence theorists, economists, lawyers, government officials and policymakers.' - Alon Harel, The Hebrew University of Jerusalem, IsraelCriminal law efficiency is a concept often referred to but seldom defined. Clarity, the author argues, is necessary for finding practical solutions to fundamental challenges in this area of law, especially with the criminal justice system itself at risk. Tina Soreide offers views in contrast to mainstream ideas on optimal criminal law responses to corruption, with emphasis on the fundamental role of the criminal justice system in the fight against corruption, and the effect this can have on other mechanisms in society. Her analysis explains the concept of criminal law efficiency through economic approaches and why many criminal law responses to corruption are at risk of becoming 'facade strategies' that may, in fact facilitate corruption. Corruption and Criminal Justice offers insights into the obstacles that policymakers and government advisors cannot ignore. It serves as an invaluable resource for advanced students and academics interested in law, economics, and large corporations.

Many new social and economic organizations are emerging in different parts of Asia Pacific which have skillfully adapted western capitalism to suit their own specific requirements. They have also put to effective use their own social and cultural values to get the best economic results. Japan used its heritage of associated living to overcome adversarial labour and management relations; Singapore made use of Confucial emphasis on social discipline and respect for merit to build a meritocratic society; Indonesia used its genius for eclecticism to build its own brand of social pragmatism, and then used it for economic growth; Thailand used the concept of merit in Theravada Buddhism to accelerate economic growth; and Malaysia used its own growing pragmatism to balance conflicting ethnic demands. The book examines the variety of address their respective core development issues and simultaneously register an explosive economic growth.

This book collects high-quality papers on issues related to the rebalancing strategy in China, new clean cities as "hubs'', liability management, and involving the private sector, including through PPPs, with specific examples from Guangdong. Guangdong has been at the forefront of economic reforms in China since the advent of the Responsibility System in the late 1970s, and its successes and challenges reflect those of China as a whole. The need for rebalancing towards a more inclusive and sustainable path is also critical in Guangdong, just as it is in China. Strengthening the fiscal underpinnings and the next stages of tax reforms are critical drivers to accomplishing the requisite structural changes.

E.J. Salmon left Cuba with his sister at age fifteen, after the Communists confiscated his family's land. He arrived in the United States poor, but he was eager to participate in an economic system that would help his family prosper again.
But today, the U.S. economy is in bad shape, and it could get worse. A nation that was once the greatest and most powerful in the world has been shaken to its core, and it could collapse.
To prevent such a calamity, industry and government must work together. Salmon draws upon his experiences in Cuba and in the United States to encourage the people to turn things around. He considers the following:
How the failure of the Obama administration to learn lessons derived from the successful government initiatives of the Great Depression Why the government's response to the current crisis has eliminated more jobs than it has created How brazen and corrupt executives and politicians are destroying corporate America.
Take steps to understand the problems confronting us and discover solutions to renew the partnership among business, government, and the people. It's not too late to reverse the course if you understand "The Rise and Fall of Corporate America."

This book offers an elaborate and empirical look at service quality of hospitals in the emerging market of India. The poor quality of service is a major issue in a large number of hospitals (particularly in government hospitals), which forces patients to opt for private hospitals that are generally much more expensive than government hospitals. This book provides a comprehensive understanding of service quality antecedents in Indian hospitals. It focuses on patient satisfaction and includes valuable insights and implications for hospital management and government. The book is theoretically grounded in SERVQUAL literature and uses appropriate and sophisticated techniques and tools to analyse data. It highlights causal model development with Structural Equation Modelling (SEM) and introduces a classification model, developed using Artificial Neural Networks (ANNs), in order to benchmark specialty cardiac care. The book also deals with Support Vector Machines (SVMs) and compares the error rates between SVM and ANN to find the best classification technique among the two. Overall, this book is a timely and relevant work that contributes to the theory, practice and policy of service quality in hospitals.

This volume analyses the transition of Chinese medicine during the modern era, and the development of product and service niches in selected countries: China, Malaysia, Japan and the Philippines. By investigating the major actors behind the transition, it explores in what way and to what extent these actors affect the transition. It argues that the transnational transition of Chinese medicine is caused not only by spontaneous cultural and social factors, i.e. population growth, technological innovation and acculturation, but also by hegemonic political and economic factors such as Western influence, adoption of the philosophy of modern state, and global commodification of indigenous medical specialties.

Over the last several decades, academic discourse on racial inequality has focused primarily on political and social issues with significantly less attention on the complex interplay between race and economics. African Americans in the U.S. Economy represents a contribution to recent scholarship that seeks to lessen this imbalance. This book builds upon, and significantly extends, the principles, terminology, and methods of standard economics and black political economy. Influenced by path-breaking studies presented in several scholarly economic journals, this volume is designed to provide a political-economic analysis of the past and present economic status of African Americans. The chapters in this volume represent the work of some of the nation's most distinguished scholars on the various topics presented. The individual chapters cover several well-defined areas, including black employment and unemployment, labor market discrimination, black entrepreneurship, racial economic inequality, urban revitalization, and black economic development. The book is written in a style free of the technical jargon that characterizes most economics textbooks. While the book is methodologically sophisticated, it is accessible to a wide range of students and the general public and will appeal to academicians and practitioners alike.

The MENA (Middle East and North Africa) region's economy is experiencing steady growth and is expanding as an active participant in investments with Europe, the Americas, and Asia. Complex deals by transnational corporations (TNCs) and small- and medium-sized enterprises (SMEs) serve to influence European and MENA businesses, government, technology, and society. The Handbook of Research on Comparative Economic Perspectives on Europe and the MENA Region provides scholarly information about European and MENA economies at a time when these regions are becoming increasingly connected. The need to understand their economies has never been more necessary, and the research-based chapters of this book, covering a wide array of information regarding corruption and reform, ethics and society, and the effects of Western cultures, provide scholars, business executives, practitioners, and students with current information on the region's lucrative investments and fast-growing economy.

This monograph provides theoretical and practical perspectives on competency management as a key resource for producing competitive products. The authors develop and substantiate a law of dependence between competencies and emergence of new markets, and describe the practical aspects of developing competencies in high-tech companies. Further, they develop economic and mathematical models for managing the competitive advantages of a company based on competencies. Using these models, they present a method for evaluating and ranking core competencies, as well as for multi-criteria ratings of human potential efficiency. The book also discusses the mechanisms of competitiveness management based on a conceptual model of a competence center network.

There are many books available on how to deal with an IRS audit. Unfortunately for the Self-Employed and Small Business Owners selected for audit, most of these books are written from the perspective that everything the IRS does is constitutional; and, the audit process is a game that can be handled successfully by providing the requested documents. Here's the Real Deal; (1) the IRS will NOT play fair; (2) the IRS will NOT follow their own written rules & regulations; and (3) the IRS will NOT honor the Taxpayer Bill of Rights. The purpose of this book is to help you Prepare for, Control, and Successfully Survive an IRS Audit. We will take you step by step through the process and give YOU the information and power to control and survive your IRS audit. This book is for EVERYONE WHO PAYS INCOME TAXES. Buy it before you are audited to get the most "bang for your buck"!

This bestselling text has been extensively revised, reorganised and updated for the NEW A Level Economics specifications that start teaching from September 2008. New Edition suitable for ALL boards - including IB and OCR covers the new content of the specifications and address the changes to the assessment format. Motivates students and enhances the clarity of diagrams, figures, tables and charts with the engaging full colour design. Supports the analysis of economic situations with the most recent statistics. Embeds theory in real life examples with the latest economic theories and applied economics in every unit. Easy-to-use with a flexible structure, divided into short units.

American newspapers redefined journalism after the Civil War by breaking away from the editorial and financial control of the Democratic and Republican parties. Smythe chronicles the rise of the New Journalism, where pegging newspaper sales to market forces was the cost of editorial independence. Successful papers in post-bellum America thrived by catering to a mass audience, which increased their circulations and raised their advertising revenues. Still active politically, independent editors now sought to influence their readers' opinions themselves rather than serve as conduits for the party line.

Distinguished international experts evaluate in this volume how health and nutrition in poor countries have been affected by economic adjustments made in response to external shocks. They explore the origins, magnitude, and future outlook of the adjustments required of developing countries; discuss the impact on health and nutritional services; consider what policies would be most effective in minimizing the adverse effects on food and nutrition; and examine what can be done to achieve the best possible health services in the face of economic constraints and crisis.

This book bridges the gap between the vital issues of the tourism industry, practices and destinations, discussing various topics from Asian and African perspectives. Each chapter presents extensive research on tourism development and tourism education, people's work and travel experiences, as well as broader philosophies concerning the global tourism industry's practices and operations. In the context of Sustainable Development Goals (SDGs) 8, 12 and 14, the book highlights the potential of tourism to contribute to economic growth, social inclusion and environmental preservation. It discusses crucial issues confronting the travel and tourism industry, presenting achievable outlines and strategy plans, and evaluating general theories, practices, and applications of social, economic and environmental aspects of management structure to maximize the cultural, social and ecological diversity of destinations and enhance the tourism experience. Providing a comprehensive guide to tourism and its related disciplines, it offers students, professors, entrepreneurs, and travel and tourism organizations insights into the trends, practices. Further, it features case studies ranging from historical and contemporary tourism to forecasts for future tourism.

The Changing Face of Corruption in the Asia Pacific: Current Perspectives and Future Challenges is a contemporary analysis of corruption in the Asia-Pacific region. Bringing academicians and practitioners together, contributors to this book discuss the current perspectives of corruption's challenges in both theory and practice, and what the future challenges will be in addressing corruption's proliferation in the region.

The book discusses how to establish a land-use system for small and medium-sized cities in order to promote low carbon economic development and to ensure sustainable development. It also presents the objectives and requirements of urban green development: The first objective is to establish a green city with ecological harmony. The second is the establishment of a people-oriented harmonious city, which is important for the green development of city. Drawing on past experience and combining this with the current situation in China's cities, it argues that the construction of people-oriented harmonious cities should be a priority. The third objective is to build multi-functional organic cities in which the urban function is relatively independent. Lastly, the fourth objective is to establish a city with unique charm, applying historical ways of thinking to today's world.