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Books > Business & Economics > Economics > Microeconomics
Microeconomics, Growth and Political Economy is the first of two
volumes which collect together many of Professor Lipsey's writings
on economics, some of which are previously unpublished or currently
inaccessible. This book contains papers on economic growth and
technical change, monetary and value theory, the theory of second
best, international trade theory, political economy and
methodology. A separate book, On the Foundations of Monopolistic
Competition and Economic Geography, contains works on oligopoly and
location theory, all coauthored with Curtis Eaton. The book begins
with a new autobiographical introduction to the intellectual
development, personal achievements and the fields of interest of
Richard G. Lipsey and is divided into five parts. The first part
considers various aspects of economic growth and technical change
taking into account the structuralist view, markets and the
globalization of the economy. Part two is concerned with the
microeconomic issues of second-best theory and monetary and value
theory. The third part looks at trade theory and surveys customs
unions and competitiveness. Political economy is considered in the
fourth part, which contains essays on topics such as the balance of
payments, the survival of the market economy, international
liquidity theory and American trade policy. The final part features
papers on methodology. Microeconomics, Growth and Political Economy
is an essential reference companion to the work of Richard G.
Lipsey, one of the most important economists of our generation.
In interaction with their environment, firms change constantly; in
trying to reduce uncertainties, they influence both their markets
and the wider socio-political environment. Dynamics of the Firm
addresses theoretical, empirical and policy issues concerned with
the changing structure of firms. This book seeks to develop a
theory of the dynamics of the firm which contrasts with the
neoclassical view of the firm as a static production function in a
world of given technology and institutions. Papers discussing new
institutional theories of the firm in relation to sociological
approaches, in which power and trust play an important role, are
followed by contributions which focus on empirical issues such as
pricing strategies, industrial groups and networking. The public
policy implications are discussed extensively. Offering an original
analysis of the organizational structures of firms operating in
changing environments, this volume of essays by a distinguished
group of economists will be welcomed by students, teachers and
researchers in the areas of industrial organization and
organizational economics.
Traditional aggregate theories of the business cycle, Keynesian or
the neoclassical, have not succeeded in explaining the severe down
turns in the United States and other advanced economies. New
Perspectives on Business Cycles proposes a theory that economic
inequality and heterogeneity in a market economy may be an
important influence on business cycles. The author, Satya Das,
provides for the first time a systematic assessment of possible
links between business cycles and changes in the distribution of
income and wealth.Arguing that changes in the distribution of
wealth and income in a private market economy can generate
variations in the aggregate output, Professor Das uses a series of
models to relate economic inequalities across households to
fluctuations in the economy. In particular, he argues that severe
inequities in wealth and income distribution can lead to
fluctuations in a macroeconomy, with important implications for the
financial markets. Empirical evidence from the post-war US economy
is presented in support of this theory.
Covering Robert Clower's writings over four decades, this
collection brings together important papers that have not been
reprinted in any other similar volume and recent material on
economic method and theoretical foundations. Issues discussed
include the doctrine and methodology of economics, price
determination, oligopoly theory and Keynesian economics, as well as
some of Professor Clower's substantial reviews of the work of other
scholars. Above all, they offer an instructive 'history' of one
scholar's attempt to enhance scientific understanding of observed
economic phenomena during the last half century. The volume
concludes with a complete listing of Professor Clower's
publications.
This book explores novel research perspectives at the intersection
of environmental/natural resource economics and productivity
analysis, emphasizing the link between productivity and efficiency
measurement, and environmental impacts. The purpose of the book is
to present new approaches and methods for measuring environmentally
adjusted productivity and efficiency, and for incorporating natural
resources in standard national accounting practices. These methods
are applicable in many contexts, including air and water pollution,
climate change, green accounting, and environmental regulation. The
contributions, written by distinguished leaders in the field,
provide an up-to-date assessment of the state of the art in
environmentally adjusted productivity and efficiency analysis. A
review of the rapidly expanding literature is included and
complemented by international case studies. The book's
forward-looking ideas and new theories and methods trace future
directions in this exciting and topical research area. This is an
essential tool for researchers and scholars, including postgraduate
students, working in the area of international and environmental
accounting, and productivity and efficiency analysis. The book will
also have a broad appeal for various professionals including
statisticians, national accountants and policymakers. Contributors
include: M. Akter, T. Ancev, M.A.S. Azad, A. Bellver-Domingo, H.K.
Edmonds, M. Eigenraam, R.G. Fare, K.J. Fox, S. Grosskopf, A. Hailu,
F. Hernandez-Sancho, V.-N. Hoang, N. Hughes, W. Ingram, H. Jahan,
B. Lamizana-Diallo, K. Lawson, L.Y.T. Lee, C.A.K. Lovell, J.E.
Lovell, C. Ma, C. Obst, C.A. Pasurka, Jr., C. Wilson
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The CISO Handbook: A Practical Guide to Securing Your Company
provides unique insights and guidance into designing and
implementing an information security program, delivering true value
to the stakeholders of a company. The authors present several
essential high-level concepts before building a robust framework
that will enable you to map the concepts to your company's
environment. The book is presented in chapters that follow a
consistent methodology - Assess, Plan, Design, Execute, and Report.
The first chapter, Assess, identifies the elements that drive the
need for infosec programs, enabling you to conduct an analysis of
your business and regulatory requirements. Plan discusses how to
build the foundation of your program, allowing you to develop an
executive mandate, reporting metrics, and an organizational matrix
with defined roles and responsibilities. Design demonstrates how to
construct the policies and procedures to meet your identified
business objectives, explaining how to perform a gap analysis
between the existing environment and the desired end-state, define
project requirements, and assemble a rough budget. Execute
emphasizes the creation of a successful execution model for the
implementation of security projects against the backdrop of common
business constraints. Report focuses on communicating back to the
external and internal stakeholders with information that fits the
various audiences. Each chapter begins with an Overview, followed
by Foundation Concepts that are critical success factors to
understanding the material presented. The chapters also contain a
Methodology section that explains the steps necessary to achieve
the goals of the particular chapter.
The Beginnings of Behavioral Economics: Katona, Simon, and
Leibenstein's X-Efficiency Theory explores the mid-20th century
roots of behavioral economics, placing the origin of this
now-dominant approach to economic theory many years before the
groundbreaking 1979 work on prospect theory by Daniel Kahneman and
Amos Tversky. It discusses the work of Harvey Leibenstein, Herbert
Simon, George Katona, and Frederick Hayek, reintroducing their
contributions as founding pillars of the behavioral approach. It
concentrates on the work of Leibenstein, reviewing his nuanced
introduction of X-efficiency theory. Building from these
foundations, the work explores the body of empirical research on
market power and firm behavior - XE relationship. This book is a
tremendous resource for graduate students and early career
researchers in behavioral economics, experimental economics,
organizational economics, social and organizational psychology,
labor market economics and public policy.
The global financial and economic shock of 2007-09 is the third
major economic crisis to have buffeted Cambodia in its
post-conflict period, coming in the wake of the food crisis of
2007-08 and just a decade after the Asian financial crisis of
1997-98 (the ""triple crises""). Cambodia's post-conflict history
can be divided into two periods: 1991-98, referred to as the early
phase of transition during which the first of the triple crises,
the Asian financial crisis, occurred; and 1998 to the present, the
late phase of transition during which the food and economic shocks
transpired. A stocktake of the developments in Cambodia's
post-conflict history suggests that the country has come a long way
in reinstituting the foundations of a capitalist economic and
procedural democracy but has yet to make significant headway in
economic sophistication and substantive democracy. The triple
crises were different, yet had similar characteristics. They were
all exogenously-driven shocks with their own specific causes but
their effects were shaped by the country's situation at the time.
In terms of magnitude of impact, the global financial and economic
downturn was the worst of the three crises. That it caused the
first ever growth contraction in the post-conflict period was
sufficient rationale for the series of studies that substantiate
this book. Like the two shocks that preceded it however, the way it
impacted on Cambodia cannot be understood in isolation from the
overall post-conflict milieu. The thesis here is not that
endogenous factors caused the crisis. It is simply that endogenous
factors shaped the impact of the crisis and a historical, as
opposed to a static, analysis better illuminates the nature of the
impact. This book is an in-depth comprehensive examination of the
impact of the global financial and economic crisis on Cambodia. It
probes into the effects of the shock at macro, sectoral and micro
levels using qualitative and quantitative techniques.
In recent years there has been an enormous amount of research into the way companies raise finance from stock markets. There are many reasons for this interest in 'initial public offerings' (IPOs). "Going Public" is the first book to investigate the issues in a non-technical manner, drawing upon international evidence from private sector companies and privatizations. Building on the success of the first edition, this second edition of "Going Public" has been comprehensively revised and updated throughout.
Sexy, hedonistic, hilarious - Ann Summers parties are the ultimate
girls' night in. Promising the perfect antidote to the toils of
everyday life - sexual pleasure - they are the 'naughty but nice'
version of the classic Tupperware(R) party.Ann Summers parties are
incredibly popular, with around 4000 parties held in Britain every
week. The basis is simple: to provide an all-female environment
where women can buy sexy lingerie, erotic fashion, sex toys and
other sex-related products. In many respects these parties enable
women to transgress social taboos in the comfort of their own
homes. But they are also a subtle means of constructing and
enforcing heterosexual femininity.This book investigates what
really goes on at these 'special' homosocial gatherings, where
heterosexual women drink, laugh, shop, play party games and talk
about sex. Storr develops a new analysis of the ways heterosexual
women identify with and against each other - and of what this tells
us about gender, sexuality and consumption in contemporary society.
Drawing on both participant observation and in-depth interviews
with party organizers, this fascinating and fun book is an
indispensable guide to the politics of 'post-feminist' culture.
In microeconomics, the decisions and functioning of individual consumers and households (what to do, what to buy, etc.), and firms or other organisations (what goods to produce, how to produce them, what prices to charge, etc.) are considered. It includes the study of the demand, supply and prices of individual goods and services such as petrol, maize, haircuts and medical services.
Understanding microeconomics is a comprehensive introduction to microeconomics in general, set against a contemporary South African background. The easy style and many practical examples make the content extremely accessible. The book covers all the material usually prescribed for introductory courses, and it lays a solid foundation for intermediate and advanced studies in economics.
This second edition is a thoroughly revised and slightly expanded version of the original one. Examples have been adjusted (where necessary), a few new topics are introduced and review questions are provided at the end of each chapter.
Transport Economics is a revised and refined fourth edition of a
well-established textbook which applies economic analysis to
transport issues. Each chapter has been carefully reworked and
includes new material dealing with the regulation of transport
markets. To assist in pedagogy, twenty or so free standing
'Exhibits' now provide a variety of case studies and narratives to
supplement the text. More up-to-date examples and illustrations
also make the understanding of economic principles easier and
assist in the assimilation of economic concepts. The theoretical
content is supported with considerable empirical evidence drawn
from a wide range of international sources. Although aimed
primarily at university students, this volume is accessible to
non-specialists who have an interest in transport economics. It has
no modal bias but rather examines in general terms the many aspects
of the demand for, and supply of, transport together with the
various methods of government intervention needed to ensure that
social and environmental criteria are attained. This successful and
widely adopted textbook has been meticulously revised and updated
for the fourth edition. As the best intermediate text currently
available, it will be welcomed by students, policymakers and all
those concerned with the supply of transport services.
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