Behavioral finance challenges the traditional assumption that individuals are rational by focusing on the cognitive and emotional aspects of finance, which draws on psychology, sociology, and biology to investigate true financial behavior. The financial sector requires sound understanding of market dynamics and strategic issues to meet future challenges in the field. Behavioral Finance and Decision-Making Models seeks to examine behavioral biases and their impact on investment decisions in order to develop better future plans and strategies in the financial sector. While highlighting topics including behavioral approach, financial regulation, and globalized sector, this book is intended for policymakers, technology developers, managers, government officials, academicians, researchers, and advanced-level students.

This book provides a novel approach to the understanding and realization of the values of art. It argues that art has often been instrumentalized for state-building, to promote social inclusion of diversity, or for economic purposes such as growth or innovation. To counteract that, the authors study the values that artists and audiences seek to realize in the social practices around the arts. They develop the concept of cultural civil society to analyze how art is practiced and values are realized in creative circles and co-creative communities of spectators, illustrated with case-studies about hip-hop, Venetian art collectives, dance festivals, science-fiction fandom, and a queer museum. The authors provide a four-stage scheme that illustrates how values are realized in a process of value orientation, imagination, realization, and evaluation. The book relies on an interdisciplinary approach rooted in economics and sociology of the arts, with an appreciation for broader social theories. It integrates these disciplines in a pragmatic approach based on the work of John Dewey and more recent neo-pragmatist work to recover the critical and constructive role that cultural civil society plays in a plural and democratic society. The authors conclude with a new perspective on cultural policy, centered around state neutrality towards the arts and aimed at creating a legal and social framework in which social practices around the arts can flourish and co-exist peacefully.

The International Handbook on Teaching and Learning Economics provides a comprehensive resource for instructors and researchers in economics, both new and experienced. This wide-ranging collection is designed to enhance student learning by helping economic educators learn more about course content, pedagogic techniques, and the scholarship of the teaching enterprise. The internationally renowned contributors present an exhaustive compilation of accessible insights into major research in economic education across a wide range of topic areas including: - Pedagogic practice - teaching techniques, technology use, assessment, contextual techniques, and K-12 practices. - Research findings - principles courses, measurement, factors influencing student performance, evaluation, and the scholarship of teaching and learning. - Institutional/administrative issues - faculty development, the undergraduate and graduate student, and international perspectives. Teaching enhancement initiatives - foundations, organizations, and workshops. Grounded in research, and covering past and present knowledge as well as future challenges, this detailed compendium of economics education will prove an invaluable reference tool for all involved in the teaching of economics: graduate students, new teachers, lecturers, faculty, researchers, chairs, deans and directors.

Advances in digital technologies continue to impact all areas of life, including the business sector. Digital transformation is ascertained to usher in the digitalized economy and involves new concepts and management tools that must be considered in the context of management science and practice. For business leaders to ensure their companies remain competitive and relevant, it is essential for them to utilize these innovative technologies and strategies. The Handbook of Research on Digital Transformation Management and Tools highlights new digital concepts within management, such as digitalization and digital disruption, and addresses the paradigm shift in management science incurred by the digital transformation towards the digitalized economy. Covering a range of important topics such as cultural economy, online consumer behavior, sustainability, and social media, this major reference work is crucial for managers, business owners, researchers, scholars, academicians, practitioners, instructors, and students.

What causes economic growth? What determines the price of umqombothi? Why is Eskom a monopoly? Are cryptocurrencies a form of money? Why is South Africa so unequal?

Mzansinomics: Understanding the basics of the South African economy introduces economics to a South African audience. It explains the key economic concepts and issues in the news every day – markets, inflation, budget deficits, collusion, inequality, economic growth – in a straightforward, practical and non-technical way. A question-and-answer format, with many examples and updated statistics, exposes South Africa’s unique economic challenges and opportunities.

The book is useful as a quick reference for seasoned industry professionals, as a text for students who want to obtain a basic understanding of economics without enrolling for a formal mainstream course, and as a resource for those interested in the structure and development of the South African economy.

Mzansinomics is the product of two passionate South African economists, Johan Fourie, professor of Economics at Stellenbosch University and Philip Mohr, who was professor of Economics at the University of South Africa for over two decades.

The field of regional development is subject to an ever-increasing multiplicity of concepts and theories seeking to explain uneven competitiveness. In particular, economic geographers and spatial economists have rapidly developed the theoretical tools by which to approach such analyses. The aim of this Handbook is to take stock of regional competitiveness and complementary concepts as a means of presenting a state-of-the-art discussion of the advanced theories, perspectives and empirical explanations that help make sense of the determinants of uneven development across regions. Drawing on an international field of leading scholars, the book is assembled and organized so that readers can first learn of the theoretical underpinnings of regional competitiveness and development theory, before moving on to deeper discussions of key factors and principal elements, the emergence of allied concepts, empirical applications, and the policy context. International in its scope, including global empirical analysis, the book is a definitive resource in terms of providing access to some of the seminal research and thinking on regional competitiveness. This contemporary Handbook is an ideal reference for students and academics in the fields of economic geography and spatial economics. It will also appeal to policymakers and other stakeholders involved in regional economic development. Contributors include: K. Aiginger, P. Annoni, M.J. Aranguren, D. Audretsch, P.-A. Balland, R. Boschma, R. Camagni, R. Cellini, J. Crespo, P. Di Caro, L. Dijkstra, J. Fagerberg, M. Firgo, U. Fratesi, R. Harris, R. Huggins, J. Jansson, C. Ketels, I. Lengyel, E. Magro, E.J. Malecki, A. Mamtora, R. Martin, P. McCann, H. Menendez, P. Ni, R. Ortega-Argiles, I. Perianez, A. Richardson, A. Rodriguez-Pose, L. Saez, J. Shen, M. Srholec, M. Storper, P. Sunley, M. Thissen, P. Thompson, G. Torrisi, I. Turok, F. van Oort, Y. Wang, A. Waxell, C. Wilkie, J.R. Wilson

Social media platforms are powerful tools that can help organizations to gather user preferences and build profiles of consumers. These sites add value to business activities, including market research, co-creation, new product development, and brand and customer management. Understanding and correctly incorporating these tools into daily business operations is essential for organizational success. Managing Social Media Practices in the Digital Economy is an essential reference source that facilitates an understanding of diverse social media tools and platforms and their impact on society, business, and the economy and illustrates how online communities can benefit the domains of marketing, finance, and information technology. Featuring research on topics such as mobile technology, service quality, and consumer engagement, this book is ideally designed for managers, managing directors, executives, marketers, industry professionals, social media analysts, academicians, researchers, and students.

When law and economics first became an important part of the legal academy, it was a relatively straightforward application of microeconomic theory to legal issues. However, in the past 40 years the field has expanded its toolkit dramatically. This latest volume in the acclaimed Encyclopedia of Law and Economics maps the methodological territory in law and economics with a series of entries by distinguished scholars. These entries introduce and evaluate the law and economics mechanisms, including: the roles of microeconomic theory, public and social choice, history, complexity theory, philosophy, comparative law studies, behavioral economics and empirical techniques. Each one introduces a methodology, demonstrates its importance to the field of law and economics and assists the reader in navigating the leading literature on that topic. This volume will be an essential reference for all those who research or teach law and economics, law and society or empirical methods in law. Contributors include: N. Garoupa, D. Klerman, M.J. McGinnis, T.J. Miceli, M. Pargendler, D. Roithmayr, H. Spector, M.L. Stearns, T.S. Ulen

Spatial Regression Analysis Using Eigenvector Spatial Filtering provides theoretical foundations and guides practical implementation of the Moran eigenvector spatial filtering (MESF) technique. MESF is a novel and powerful spatial statistical methodology that allows spatial scientists to account for spatial autocorrelation in their georeferenced data analyses. Its appeal is in its simplicity, yet its implementation drawbacks include serious complexities associated with constructing an eigenvector spatial filter. This book discusses MESF specifications for various intermediate-level topics, including spatially varying coefficients models, (non) linear mixed models, local spatial autocorrelation, space-time models, and spatial interaction models. Spatial Regression Analysis Using Eigenvector Spatial Filtering is accompanied by sample R codes and a Windows application with illustrative datasets so that readers can replicate the examples in the book and apply the methodology to their own application projects. It also includes a Foreword by Pierre Legendre.