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Books > Business & Economics > Economics > General
All over the world, private and public institutions have been
attracted to "nudges," understood as interventions that preserve
freedom of choice, but that steer people in particular directions.
The most effective nudges are often "defaults," which establish
what happens if people do nothing. For example, automatic
enrollment in savings plans is a default nudge, as is automatic
enrollment in green energy. Default rules are in widespread use,
but we have very little information about how people experience
them, whether they see themselves as manipulated by them, and
whether they approve of them in practice. In this book, Patrik
Michaelsen and Cass R. Sunstein offer a wealth of new evidence
about people's experiences and perceptions with respect to default
rules. They argue that this evidence can help us to answer
important questions about the effectiveness and ethics of nudging.
The evidence offers a generally positive picture of how default
nudges are perceived and experienced. The central conclusion is
simple: empirical findings strongly support the conclusion that,
taken as such, default nudges are both ethical and effective. These
findings, and the accompanying discussion, have significant
implications for policymakers in many nations, and also for the
private sector.
This book highlights various dimensions of human habitats in 21st
Century India. The human habitats in the country are marked by
perceptible inequality in social and economic spheres. This is
occurring in tandem with rapid socio-economic transformation across
both rural and urban landscapes. There is a plurality of
transformative characteristics in terms of social and economic
classes, gender and space. Inequality in access to natural
resources such as land and water is still a big factor in
socio-economic differentiation in rural habitats. This constructs a
pedestal of unequal opportunities and access to basic human
necessities such as healthcare, education, potable water and
sanitation. Human habitats experiencing socio-spatial segregation
and exclusion based on caste, community and gender are detrimental
in formation of a civil society and its sustainability in long
terms. The ideal situation for this would be formation of an
inclusive society that celebrates age old socio-cultural
diversities, reduces inequalities and reveres composite culture.
The UK model of incentive regulation of power grids was at one time
the most advanced, and elements of it were adopted throughout the
EU. This model worked well, particularly in the context of limited
investment and innovation, a single and strong regulatory
authority, and limited coordination between foreign grid operators.
This enlightening book demonstrates how the landscape has changed
markedly since 2010 and that regulation has had to work hard to
catch up and evolve. As the EU enters a wave of investment and an
era of new services and innovation, this has created growing
tensions between national regulatory authorities in terms of
coordinating technical standards and distribution systems. This is
being played out against an increasingly disruptive backdrop of
digitization, new market platforms and novel business models.
Electricity Network Regulation in the EU adopts a truly European
approach to the complex issues surrounding the topic, focusing on
the grey areas and critical questions that have traditionally been
difficult to answer. Incentive regulation and grids are addressed
simultaneously at the theoretical and practical level, providing
the reader with fundamental concepts and concrete examples. This
timely book is an invaluable read for energy practitioners working
in utility companies, regulators and other public bodies. It will
also appeal to academics involved in the world of electricity
regulation. The book utilizes language that would make it suitable
for interdisciplinary students, including engineering and law
scholars. Contributors include: P. Bhagwat, J.-M. Glachant, S.Y.
Hadush, L. Meeus, V. Rious, N. Rossetto, T. Schittekatte
Over the past decade, platforms have spread through many industries
and generated an increasing share of the global economy. Many of
the world's most valuable companies have adopted a platform-based
business model and today, we find that platforms pervade our
everyday lives. So far, however, the existing management literature
has failed to provide professionals and students with appropriate
tools to understand the business models that make those platforms
successful. This book offers rigorous analysis of the complexity of
platforms, as well as practical strategic guidance and tools to
help you deal with this complexity. Written in an accessible style
and based on a comprehensive approach, Platform Strategies is
self-contained and does not require the reader to have specific
prior knowledge. The book is both academically rigorous and a
pragmatic and efficient guide, incorporating path-breaking insights
from academic research on platforms with real-world applications of
concepts and tools. The book engages with case studies and
highlights important take-aways that can be implemented in
practice. You'll learn how to use new tools of strategic management
and how to adapt well-established ones. This book is an invaluable
resource for entrepreneurs (experienced or aspiring), managers of
existing platforms and businesses, professionals, and students in
business, management and economics.
This book is intended for investors who need help, but do not know
what to do, how to invest or whom to trust. In this article, you
will learn: *What investment strategies work & which ones fall
short. *The asset allocation choices made by investment gurus like
Ken Fisher, Billionaire Asset Manager; Dave Swensen, Yale Endowment
Manager; Mohamed El-Erian, Former Harvard Endowment Manager; and
Ray Dalio, manager of the world's largest hedge fund. *How passive
allocation strategies compare with our tactical asset allocation
strategies? *Given the current economic environment,how will these
investment strategies work in a low interest rate, inflationary,or
deflationary environments?
Different tourism sites and destinations require different
management approaches to maintain resources for both tourists and
native populations. Through evaluating ongoing patterns in the
industry, businesses are able to maintain an equilibrium between
the local community and tourist populations. Managing Sustainable
Tourism Resources is a scholarly publication that takes an in-depth
look at the different aspects of tourism as well as its impacts on
cultural awareness, ecological harmony, and diversity.
Additionally, it analyzes the operational functions within varying
types of tourism and business strategies including women
entrepreneurship, tourism in national parks and sanctuaries, and
sustainable management. This book is a vital resource for
entrepreneurs, policy makers, managers, economists, business
professionals, academicians, and researchers seeking coverage on
the management and sustainable tourism.
The general store in late-nineteenth-century America was often
the economic heart of a small town. Merchants sold goods necessary
for residents' daily survival and extended credit to many of their
customers; cash-poor farmers relied on merchants for their economic
well-being just as the retailers needed customers to purchase their
wares. But there was more to this mutual dependence than economics.
Store owners often helped found churches and other institutions,
and they and their customers worshiped together, sent their
children to the same schools, and in times of crisis, came to one
another's assistance.
For this social and cultural history, Linda English combed store
account ledgers from the 1870s and 1880s and found in them the
experiences of thousands of people in Texas and Indian Territory.
Particularly revealing are her insights into the everyday lives of
women, immigrants, and ethnic and racial minorities, especially
African Americans and American Indians.
A store's ledger entries yield a wealth of detail about its
proprietor, customers, and merchandise. As a local gathering place,
the general store witnessed many aspects of residents' daily
lives--many of them recorded, if hastily, in account books. In a
small community with only one store, the clientele would include
white, black, and Indian shoppers and, in some locales, Mexican
American and other immigrants. Flour, coffee, salt, potatoes,
tobacco, domestic fabrics, and other staples typified most
purchases, but occasional luxury items reflected the buyer's desire
for refinement and upward mobility. Recognizing that townspeople
often accessed the wider world through the general store, English
also traces the impact of national concerns on remote rural
areas--including Reconstruction, race relations, women's rights,
and temperance campaigns.
In describing the social status of store owners and their
economic and political roles in both small agricultural communities
and larger towns, English fleshes out the fascinating history of
daily life in Indian Territory and Texas in a time of
transition.
Healthcare managers, professionals and service users operate in an
increasingly complex environment in terms of policy, regulation and
governance arrangements. The policy process is becoming pluralised
as competing narratives are drawn upon to influence practice. A
wide range of contradictory and inconsistent policies are on offer
to healthcare stakeholders, which ultimately results in a broad
spectrum of responses, adaptations and improvisations throughout
the process of policy implementation. The impact on managerial and
professional practice is significant: Whilst some voices are
suppressed or ignored, the complex nature of contemporary policy
contexts can also help local actors exercise their agency and
advance their agenda. This edited volume investigates how
contemporary policy trends are influencing healthcare systems,
organisations and professions and explores the various ways in
which policy implementation could be enacted, resisted and
reinvented by healthcare managers and professionals on the ground.
It sheds light on the complex web of connections that exist between
policy development (Part I), its translation into practice (Part
II), and the activities of organisational leaders who are trying
their best to make sense of - and succeed in - challenging policy
contexts (Part III).
This open access book examines a particular factor in the enduring
international success of German companies. Beyond industrial
specialization, peaceful labor relations, local financial markets
and the "miracle of the Mittelstand", it focuses on a
characteristic aspect of governance within the German economy: The
Chambers of commerce and industry. Important characteristics of the
Chamber system are emphasized - including obligatory membership for
firms as well as participatory rules of their self-administration.
In turn, the book examines the institution's self-governance, its
services, and its mission regarding the general representation of
interests. Moreover, the book also identifies the advancement of
the dual system of professional education as a central element of
the Chamber system. Following an introduction about how the Chamber
system works, interviews, case studies and historical explanations
help to exemplify the true spirit inherent to this form of
representation. In particular, they reveal the essence of how the
Chambers contribute to the global success of German companies and
foster their corporate responsibility in a practical way. Given its
scope, the book will be of particular interest to professionals,
policymakers and researchers concerned with how institutional
organization can support commerce and industry for the public good.
The book was developed in collaboration with Laura Sasse and the
Practical Wisdom Society.
Few can influence the landscape of a community like its leaders. As
we explore the fundamental theories of leadership, see how the grit
of one family pioneered with the transformational values that have
shaped our freedoms and those that would help to change our world.
With a panoramic view and dedicated focus to organizational
management, leadership expert, Dr. Joe Shepard lends his explosive
writing style to provoke the response of today's leaders -while
grounding us with a sensitivity to the collective fabric that makes
us all one whole. This comprehensive leadership tool bridges the
gap of understanding between our communities and its leaders.
Written as a seed for positive change in the foreign and domestic
complexion of modern leadership, this work steers a trajectory of
awareness towards the ecumenical flow of a transformational
harvest.
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