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In standard economic theory human beings are portrayed as selfish
money-maximizing actors. This book investigates the conditions
under which people deviate from this prediction and when they are
prepared to contribute to the common good in a more altruistic
fashion. Based on field experiments from charitable giving, Stephan
Meier analyses people's decisions to contribute to public goods. He
argues that people are more likely to contribute if their giving is
matched by more money - people are generous if their peers also
show this trait. He investigates the conditions under which people
are willing to voluntarily contribute and draws conclusions on how
the empirical findings influence economic theory and policy.
Academic economists interested in behavioural economics or public
economics will find The Economics of Non-selfish Behaviour of great
interest as will the general public interested in developments in
economics.
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1695-1700 (Latin, Hardcover)
Gerhard Biller, Stefan Jenschke, Herma Kliege-Biller, Stefan Lorenz, Stephan Meier-Oeser, …
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R10,669
Discovery Miles 106 690
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Ships in 12 - 19 working days
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The third volume of Leibniz s philosophical letters documents the
critical period when he first disclosed his philosophical system to
the general public. This took place in two papers published around
1695, the Specimen dynamicum and the Systeme nouveau, whose basic
theses were a subject of discussion in multiple letters (including
Leibniz s correspondence with de Volder and Wagner)."
Estimates show that there are around 20,000 Ultra High Net Worth
individuals in existence today, each with bankable assets in excess
of $50 million. Between them they possess a wealth of $5,000
billion, 10 per cent of the world's estimated total wealth. The
UHNW wealth management business is therefore a critically important
as well as complex part of modern finance. It exists within a
'client-banker-bank' triangle and is influenced by serious
exogenous factors in political, economic and fiscal environments,
as well as by numerous emotional, familial and personal dimensions.
In this book, the authors address these complex relationships,
serving as guides and advisors for UHNW bankers, banks and clients
alike. The authors' clients have taught them that the three major
frustrations for private banking clients are bad performance, bad
communication with the banker, and confusion in the face of poorly
explained financial processes. In the first part of the book, the
authors offer their expert solutions to these problems and, in the
second, help to eliminate confusion by explaining UHNW financial
processes as clearly and simply as possible. The authors mix
authoritative advice, gained from long careers in wealth
management, with anecdotes and narrative, to make the book
approachable as well as informative. The book also contains five
major case studies that help to exemplify certain elements involved
in UHNW banking across the world, including the importance and
impact of: family values and governance; client confidence and
connections; cultural and religious considerations; philanthropy;
market crises and volatility; and, portfolio diversity and
enterprise management. This book is for private bankers who work or
aim to work in the Ultra High Net Worth field, the most
sought-after and secluded high-end client segment of private
banking and wealth management. For UHNW clients, this book is a
guide on how to deal with your bankers and what you can expect from
them, depicting the view from the other side of the table. And for
the management of a private bank or private banking division of a
financial institution, this book will serve as an essential
introduction on how to improve performance. Expert, in-depth and
accessible, "The Ultra High Net Worth Banker's Handbook" is the
ultimate guide to this area of modern finance.
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