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Books > Business & Economics > Economics > Microeconomics > General
""Economics and social conflict"" eventually brings to life the
classic thought experiment of a natural state. Examining the
behavior of almost 400.000 people living in the virtual anarchy of
the online computer game "EVE Online," it highlights the economic
aspects of these people's 'evil" behavior. The social conflict the
players are engaging in is characterized by non-instrumental
violence, a phenomenon that has not been in the focus of economic
research yet.
This study compares household energy use, environmental awareness, and consumerism among residents of small towns in Sweden and America. The author, a cultural anthropologist, uses quantitative and qualitative data from fieldwork to formulate a holistic analysis. The study considers broader questions about the uses of energy, consumer goods, quality of life, and the environment. The industrial worldview is critiqued at both individual and institutional levels. It concludes with a call for a more spiritual approach to environmentalism and social issues.
The proliferation of the internet has often been referred to as the fourth technological revolution. This book explores the diffusion of radical new communication technologies, and the subsequent transformation not only of products, but also of the organisation of production and business methods.
American agricultural production is destined to end, argues Steven Blank, but this should be no cause for alarm. In this work, he shows that the changes leading to the end of American agricultural production are part of a natural process that is making us all better off. Beginning with broad observations from history and the current status of agriculture around the world, Blank explores how the decisions of individuals combine to make the end of American agricultural production predictable and rational. The inevitable creeping of international economic development is shown to be the sum of individual struggles facing producers across America and around the world. Also, decisions regarding operating an agricultural business derive from many interrelated peculiarities of the industry, both in America and elsewhere. The story is fascinating in its global scope and is relevant to everyone because the simple economic decision-making processes involved will be repeated in the story of other industries.
In this book, economics meets sociology in order to investigate one of the central social changes in history: the decline of fertility. The book demonstrates how social interactions can be used to extend the rational and individual-centered approach of economists to include social norms, bounded rationality, social learning, and changing values and attitudes. The combination of these elements yields new insights into the dynamics and determinants of fertility change.
Based on the assumption that without understanding institutions, economists cannot make satisfactory policy prescriptions, this book draws some insightful conclusions on the strengths and limitations of applied economics in the field of heritage. Sicily provides an interesting and unique backdrop against which the study is set, demonstrating the economic complexities of heritage and the range of economic tools and concepts which can be employed to analyse it. The book is a compilation of various approaches that economists trained in different branches of economics have brought to bear on heritage. It considers the political economy of heritage policy from a variety of different perspectives. These include a study of the economic problems of defining and valuing culture and, through detailed case studies in the economics of regulation, an examination of the incentives and principal-agent problems in the management of heritage policy. The authors move on to discuss the public choice view of fiscal federalism and look at the problems of assessing the efficiency of policy measures. Finally, they provide an interesting overview of the national experiences of France, Scotland and Italy in terms of heritage policy. Taking a new institutional approach, this book is as much a concise manual of applied economics as a contribution to cultural economics. It stresses the need for an interdisciplinary approach to the study of heritage and offers a unique opportunity to understand law-making and administrative procedures in the civil code tradition. It will be essential reading for students, researchers and academics of cultural economics, as well as policymakers wanting to assess the value and efficiency of heritage policies.
The first book of its kind, this is a collection of essays on the financing of transportation in non-metropolitan areas in the United States. It reviews basic demographic trends and conditions of infrastructures at the present time while exploring a wide range of alternatives for improving them. Including contributions from local finance personnel, engineers and other government officials, Financing Local Infrastructure in Nonmetropolitan Areas is an exhaustive study of the problems facing local infrastructure, providing an invaluable resource for scholars, administrators, and laypersons whose jobs are affected by infrastructure issues, such as agricultural and business personnel.
This book attempts to provide an effective strategy for industrial development based on the KAIZEN management training experiments conducted in Ghana, Kenya, Ethiopia, Vietnam, and Tanzania. We focus on micro and small enterprises (MSEs) in industrial clusters, because clusters consisting of MSEs are ubiquitous and have high potential to grow.
This volume treats various aspects of the Yugoslav economic model and focuses on the long-term program of stabilization undertaken by that country in the last few years. The contributors discuss such diverse topics as the country's socioeconomic relations, and problems and prospects for carrying out a long-term stabilization program. "Essays on the Yugoslav Economic Model" puts forth a number of assertions relating to the country's economic performance: that Yugoslavia must resort to greater reliance on markets; it must become more export oriented with a fully convertible currency; the country must rid itself of debilitating inflation; it must preserve a social policy consistent with its socialist principles. This volume treats various aspects of the Yugoslav economic model and focuses on the long-term program of stabilization undertaken by that country in the last few years. "Essays on the Yugoslav Economic Model" puts forth a number of assertions relating to the country's economic performance: that Yugoslavia must resort to greater reliance on markets; it must become more export oriented with a fully convertible currency; the country must rid itself of debilitating inflation; it must preserve a social policy consistent with its socialist principles. Furthermore, Yugoslavia must take all of these measures and more within the constraints of the existing socio-political framework of socialist self-management and heterogeneous population. The contributors each agree that given the country's diversity, a resort to markets is the only meaningful option available.
By the year 2000, annual sales of computer products to China may well reach $15-18 billion, making China one of the largest computer markets in the world. At the same time, China's own computer industry is expected to become world-class and internationally competitive. How this will come about, the market and economic trends that are presently developing, and the opportunities they present for Western businesses are explored here by two insiders, offering not only useful analysis but hands-on guidance to the ways in which China's computer market works. With an appendix listing more than 500 of the most important Chinese computer companies, industrial and professional organizations, and related consulting and law firms, the book will be essential reading for computer industry management and top sales executives, and for investment bankers and others with important stakes in the China market. China's computer market is not easy to enter. The key to doing so, according to the authors, is to understand not only China's unique historical, cultural, and environmental factors that condition the way business is done there, but the way Chinese businesspeople think and act. China is a low-income and transitional economy, much different from Japanese and other Asian economies, and incentives and price structures are distorted and the rules of the game are not clearly written. The legal infrastructure is incomplete, and laws are not rigorously enforced. Using the latest data available only from local Chinese sources, Zhang and Wang dissect the Chinese computer market in terms that Westerners can understand and relate to: its opportunities, but also its risks. Academics teaching and studying international business, marketing, and investment will also benefit from the authors' insights.
We are now living in a period of disillusion in the ability of economic policy to stabilise the economy. This is proven by the onset of severe world recession in the early 1980s and the inability to invert the negative phase of the business cycle under way in the industrialized countries in the early 1990s. The failure of old policies motivates the research into the causes of economic fluctuations and their measurement whose results are published in this volume
Changing preferencesis a phenomenonoften invoked but rarely properlyaccounted for. Throughout the history of the social sciences, researchers have come against the possibility that their subjects' preferenceswere affected by the phenomenato be explainedor by otherfactorsnot taken into accountin the explanation.Sporadically, attempts have been made to systematically investigate these in uences, but none of these seems to have had a lasting impact. Today we are still not much further with respect to preference change than we were at the middle of the last century. This anthology hopes to provide a new impulse for research into this important subject. In particular, we have chosen two routes to amplify this impulse. First, we stress the use of modellingtechniquesfamiliar from economicsand decision theory. Instead of constructing complex, all-encompassing theories of preference change, the authors of this volume start with very simple, formal accounts of some possible and hopefully plausible mechanism of preference change. Eventually, these models may nd their way into larger, empirically adequate theories, but at this stage, we think that the most importantwork lies in building structure.Secondly, we stress the importance of interdisciplinary exchange. Only by drawing together experts from different elds can the complex empirical and theoretical issues in the modelling of preference change be adequately investigated.
John Levy's text presents microeconomic theory for use in analyzing and formulating public policy. It couples a direct and non-intimidating approach to essential theory with a presentation that is sophisticated at the policy level. It does not attempt to cover the entire body of economic theory, but rather presents those elements of theory most relevant to courses in public economics and public policy in such programs as public administration, policy analysis, health planning, environmental management, urban affairs, and urban planning. The text is divided into two parts. The first introduces basic concepts with an emphasis on their philosophical underpinnings and policy uses; the second consists of six essays on policy-related subjects, selected to make use of concepts presented in the first part. Among the unusual features of the book are the discussion of the tax expenditure concept, benefit cost analysis with numerical example, substantial discussions of the origins and philosophical implications of economic man as a behavioral model, and an entire chapter devoted to public choice.
Chartered by the crown in 1474, the Merchant Adventurers was England's preeminent regulated international trading company until the early nineteenth century. It functioned as a guild, with members who were the only merchants entitled to export finished cloth from the growing English woolen industry, which gave them an unchallenged monopoly. It was the only company entitled to export cloth from England to other countries. The organization served as a social channel for its members, who built The Merchant Adventurers Hall at York in the North of England after the group was formed in 1357. This source book collects eighteen substantial documents written between 1407 and 1805, the most important years of the society's history. This group includes the Charter of 1407, extracts from the Charter of Edward IV (1462) and the Laws and Ordinances of 1608. Taken together, these records form one of the most detailed pictures of business organizations and methods during the later Tudor, the Stuart, and the early Hanoverian eras. With detailed notes and an extensive introduction. CONTENTS The Merchant Adventurers, A Brief History The Laws and Ordinances The Rise and State of the Fellowship The Statute of 1497 Extracts from Wheeler, A Treatise of Commerce Residence towns of the Adventurers The number of freemen Extract from "the Debate betweene the Heraides" The Charter of 1407 Extracts from the Charter of Edward IV, 1462 Extracts from the Charter of Elizabeth of 1464 List of the Foreign Grants and Privileges of the Fellowship Abstract of the Privileges of the Merchant Adventurers at Dort Extracts from the Court Register of the Company Ordinance of the Lords and Commons, 1643 Extract from the Act of 1688, "laying open "the trade of the Society Correspondence by Wm. Rycant, Resident at Hamburg Letter from the States General of Holland concerning those of the Society still left in the City of Dort, 1751 Letter from Lord Bute to Mr. Mathias, 1761, and the French note concerning the establishment of a French Company Correspondence of Thornton, 1805 By-law of 1688 (continued from pages 197) "The bulk of this volume is devoted to the "Laws, Customes and Ordinances of the ffellowshippe of Merchantes Adventurers of the Realm of England, etc.," a large folio volume of over 200 pages kept since 1852 among the additional manuscripts of the British Museum, and probably compiled between 1608 and 1611. In these pages we have the public and official side of one of the great mediaeval industries of England-the continental distribution of the woollen goods for which that kingdom was once so remarkable. Though the society may be said to have lived for six centuries, from the twelfth to the beginning of the nineteenth, its chief activity seems to have been from the fifteenth to the middle of the eighteenth, first in the North of France and in the Low Countries, and then at Hamburg. The extensive private records of the "Merchant Adventurers" have not yet been found but enough original material exists in this volume to throw much light on the beginnings of the continental commerce of England, especially in the period when the English were ceasing to export the raw wool and taking up at home the manufacture of cloth for the continental market. Thereby the prosperity of Florence and other cities of Northern Italy was affected in no small degree, and the balance of industrial daring and consequent wealth moved northward. In the sixteenth and seventeenth centuries the rivalries of the Emperor and the Crown of England transferred the "Staple" or warehouses of the society from Antwerp to Hamburg, and brought on a long warfare with the Hanseatic League, that ended disastrously enough for the former." Thomas J. Shahan, The Catholic University Bulletin, Volume 8, No. 4, October, 1902
This volume presents a compilation of key papers chronicling the evolution of the economics of information into the economics of knowledge. It traces the unfolding of the fertile ambiguity and ambivalence of the notion of information with the identification and eventual separation of its two basic, quite distinct meanings: knowledge and signals. It documents the progressive understanding that it is not only necessary to search, screen and understand signals, but also to assess and select them so as to distinguish between true, false and fake ones. The capability to process signals and transform them into actual information stems from the stock of competence and knowledge that individuals and organizations possess and mobilize. The success of information economics paves the way to the economics of knowledge and this review will be an indispensable research tool for all those working and studying in the field.
The United States holds strategic stockpiles of nearly 100 industrial minerals, metals, and other commodities. These stockpiles have influenced the world commodity markets in many ways. This work brings together in one place, documentary and statistical evidence about the size and nature of the U.S. strategic stockpiles, and the ways in which this influence has been evidenced, in markets for the important industrial metals.
In his penetrating analysis of Mexico's current economic, political, and social situation, Ramirez focuses on the major structural problems that underlie the nation's profound economic difficulties and the challenges they pose to its people. Writing for both economists and political scientists, Ramirez offers a framework of analysis for a better understanding of Mexico's economic crisis -- one based on an in-depth examination of both its historical origins and its present ramifications. The discussion is supported by comprehensive coverage of the relevant economic data, making this one of the most thorough treatments of the subject available in print. Following an introductory chapter that provides essential background information, Ramirez addresses the historical and institutional background of the current situation. His study is unusually broad-based in scope, encompassing such issues as the social costs of modernization and the legacy of revolution during the first part of this century, Cardenas and the revolutionary process, economic growth via import-substitution policies, the exhaustion of the Mexican growth model during the 1970s and 1980s, the IMF austerity program. The final chapters present cogently argued policy recommendations -- including alternatives to the austerity measures imposed by international lending organizations. Ramirez's conclusions regarding the causes of Mexico's economic decline and his predictions for the country's economic future make an important contribution to the debate over Mexico's economic survival.
This book details very simply and for even the most novice of potential analysts not only how to perform analytics which describe what is happening, predict what is going to happen, and optimize responses, but also places these analytics in the context of proactive strategy development.
In this groundbreaking new study, Clements assesses the impact of alternative foreign trade strategies--export promotion and import substitution--on employment and income distribution in Brazil. The first work to evaluate specifically the impact of Brazil's foreign trade policies on income distribution, this volume uses a modified input-output technique to assess income distribution questions.
This volume discusses the determinants of happiness and presents case studies of how public policy can help promote happiness. Happiness is a private matter and individual pursuit, however public policy does have an important role and can contribute much through various enabling means. Possible examples of such influence include establishing a set of institutions that allow private enterprises to flourish, investing in infrastructure and in education, protecting people from harm and reducing risks and alleviating pain when harm is unavoidable. This book takes a multidisciplinary approach that encompasses Economics, Psychology, Sociology, Anthropology, Political Science and an international perspective.
Global changes in business and tax environments are having profound impact on the volume and direction of intrafirm trade and transfer pricing strategies. Tang reports on the findings of a survey of 95 Fortune 1000 companies, sponsored by the Institute of Management Accountants, and provides highly relevant information not easily found on how companies are reacting to this new business environment. He covers corporate financial goals and strategies and divisonal performance measurements systems, among other topics, and gives highly detailed case studies based on reports from five major respondents to his survey: Whirlpool, Dow Chemical, Guidant Corporation, Masco, and Eaton. Tang's book is essential, up-to-date reading for upper level students, researchers, analysts, and corporate executives in multinational firms worldwide. Tang starts with a presentation of the major changes in the global business environment and explains their impact on intrafirm trade and transfer pricing. In Chapter 2 he reports results of his questionnaire survey, and in Chapters 3 to 7 examines up close the details revealed in his five corporate case studies. He compares these corporations in Chapter 8, focusing on corporate strategies and financial goals, transfer pricing and performance evaluation practices, and concommitant tax planning strategies. He then relates his case study research to other major findings derived from his questionnaire survey, and ends the book with a general, summarizing, analytical conclusion.
This book sheds new light on long-established concepts of microeconomic production theory and combines general theoretical analysis with references to management tools. It deals with concepts of microeconomic production theory, using the fund-flow model of Nicholas Georgescu-Roegen as a basic reference. This long-neglected model allows for a representation of productive operations that can easily be accommodated to empirical application. |
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