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Collected Papers On The Experimental Foundations Of Economics And Political Science
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Book Synopsis Collected Papers on the Experimental Foundations of Economics and Political Science: Public economics, political processes, and policy applications by : Charles R. Plott
Download or read book Collected Papers on the Experimental Foundations of Economics and Political Science: Public economics, political processes, and policy applications written by Charles R. Plott and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book in a three-volume set collecting Charles R. Plott's (economics and political science, California Institute of Technology) work in experimental economics. The first volume presents the beginnings of his experimental research on public economics, public choice, and public process. Subsequent discussion addresses non-classical economic environments, and the influences of public choice, public economic, and social choice theory, including the prediction of group choice using game theory and voting theory, the power of special institutions and processes in determining outcomes, and the concept of equilibrium and equilibration in decision processes. The final section is on institutional design in general, and in the area of policy in particular. Indexed by name, but not subject. c. Book News Inc.
Book Synopsis Collected Papers on the Experimental Foundations of Economics and Political Science by : Charles R. Plott
Download or read book Collected Papers on the Experimental Foundations of Economics and Political Science written by Charles R. Plott and published by . This book was released on 2001 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Collected Papers on the Experimental Foundations of Economics and Political Science: Market institutions and price discovery by : Charles R. Plott
Download or read book Collected Papers on the Experimental Foundations of Economics and Political Science: Market institutions and price discovery written by Charles R. Plott and published by Edward Elgar Pub. This book was released on 2001 with total page 649 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Collected Papers on the Experimental Foundations of Economics and Political Science: Information, finance and general equilibrium by : Charles R. Plott
Download or read book Collected Papers on the Experimental Foundations of Economics and Political Science: Information, finance and general equilibrium written by Charles R. Plott and published by Edward Elgar Pub. This book was released on 2001 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Collected Papers on the Experimental Foundations of Economics and Political Science: Information, finance and general equilibrium by : Charles R. Plott
Download or read book Collected Papers on the Experimental Foundations of Economics and Political Science: Information, finance and general equilibrium written by Charles R. Plott and published by . This book was released on 2001 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Theory of International Trade by : John Somerset Chipman
Download or read book The Theory of International Trade written by John Somerset Chipman and published by Edward Elgar Publishing. This book was released on 2008-01-01 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Chipman is one of the most esteemed economists working in international trade theory. Presented in two volumes, this work presents Chipman's survey articles on the theory of international trade. The papers explore the evolution of thought from classical to new-classical and on to modern theory.
Book Synopsis Real-World Decision Making by : Morris Altman
Download or read book Real-World Decision Making written by Morris Altman and published by Bloomsbury Publishing USA. This book was released on 2015-06-23 with total page 690 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first and only encyclopedia to focus on the economic and financial behaviors of consumers, investors, and organizations, including an exploration of how people make good—and bad—economic decisions. Traditional economic theories speculate how and when people should spend money. But consumers don't always behave as expected and often adopt strategies that might appear unorthodox yet are, at times, more effective than the rule prescribed by conventional wisdom. This groundbreaking text examines the ways in which people make financial decisions, whether it is because they are smart but atypical in their choices ... or just irrational decision makers. A leading authority on behavioral economics, Morris Altman and more than 150 expert contributors delve into key concepts in behavioral economics, economic psychology, behavioral finance, neuroeconomics, experimental economics, and institutional economics to help inform economic models based on reality, not theory. Through 250 informative entries, the book explores various aspects of the subject including decision making, economic analysis, and public policy. In addition to introducing concepts to readers new to the subject, the book sheds light on more advanced financial topics in a manner that is objective, comprehensive, and accessible.
Book Synopsis Models of Political Economy by : Hannu Nurmi
Download or read book Models of Political Economy written by Hannu Nurmi and published by Routledge. This book was released on 2006-10-13 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covering decision theory; game theory; mechanism design; and, games of asymmetric information, this work aims to introduce students to the basic methodology of political economics.
Book Synopsis Experimental Business Research by : Amnon Rapoport
Download or read book Experimental Business Research written by Amnon Rapoport and published by Springer Science & Business Media. This book was released on 2005-10-21 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volumes II and III of Experimental Business Research include original papers that were presented at the Second Asian Conference on Experimental Business Research held at the Hong Kong University of Science and Technology (HKUST) on December 16-19, 2003. The conference was organized by the Center for Experimental Business Research (cEBR) at HKUST and was chaired by Professors Amnon Rapoport and Rami Zwick. Experimental Business Research adopts laboratory based experimental economics methods to study an array of business and policy issues spanning the entire business domain including accounting, economics, finance, information systems, marketing and management and policy. "Experimental economics" is an established term that refers to the use of controlled laboratory-based procedures to test the implications of economic hypotheses and models and discover replicable patterns of economic behavior. We have coined the term "Experimental Business Research" in order to broaden the scope of "experimental economics" to encompass experimental finance, experimental accounting, and more generally the use of laboratory-based procedures to test hypotheses and models arising from research in other business related areas, including information systems, marketing and management and policy. The chapters included in these volumes reflect the domain diversity of studies in the experimental business research field.
Book Synopsis A Life of Experimental Economics, Volume I by : Vernon L. Smith
Download or read book A Life of Experimental Economics, Volume I written by Vernon L. Smith and published by Springer. This book was released on 2018-11-23 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an intimate history of Nobel Laureate Vernon Smith’s early life, combining elements of biography, history, economics and philosophy to show how crucial incidents early in his life provided the necessary framework for his research into experimental economics. Smith takes the reader from his family roots on the railroads and oil fields of Middle America to his early life on a farm in Depression-wracked Kansas. A mediocre student in high school, Smith attended Friends University, on Wichita’s west side, where an intense study of mathematics, physics, chemistry, and astronomy enabled him to pass the examinations to enter Caltech and study under luminary scientists like Linus Pauling. Eventually Smith discovered economics and pursued graduate study in the field at University of Kansas and Harvard. This volume ends with his Camelot years at Purdue, where he began his famous work in experimental economics, nurturing his research into an unlikely new field of economics.
Book Synopsis A Life of Experimental Economics, Volume II by : Vernon L. Smith
Download or read book A Life of Experimental Economics, Volume II written by Vernon L. Smith and published by Springer. This book was released on 2018-11-23 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: This sequel to A Life of Experimental Economics, Volume I, continues the intimate history of Vernon Smith’s personal and professional maturation after a dozen years at Purdue. The scene now shifts to twenty-six transformative years at the University of Arizona, then to George Mason University, and his recognition by the Nobel Prize Committee in 2002. The book ends with his most recent decade at Chapman University. At Arizona Vernon and his students studied asset trading markets and learned how wrong it had been to suppose that price bubbles could not occur where markets were full-information transparent. Their work in computerization of the lab facilitated very complex supply and demand experiments in natural gas pipeline, communication and electricity markets that paved the way for implementing, through decentralized market processes, the liberalization of industries traditionally believed to be “natural” monopolies. The “Smart Computer Assisted Market” was born. Smith’s move to George Mason University greatly facilitated government and industry work in tandem with various public and private entities, whereas his relocation to Chapman University coincided with the Great Recession, whose similarity with the Depression was evident in his research. There he integrated two fundamental kinds of markets with laboratory experiments: Consumer non-durables, the supply and demand for which was stable in the lab and in the economy, and durable assets whose bubble tendencies made them unstable in the lab as well as in the economy—witness the great housing-mortgage market bubble run-up of 1997-2007. This book’s conversational style and emphasis on the backstory of published research accomplishments allows readers an exclusive peak into how and why economists pursue their work. It’s a must-read for those interested in experimental economics, the housing crisis, and economic history.
Book Synopsis Handbook of Experimental Economics Results by : Charles R. Plott
Download or read book Handbook of Experimental Economics Results written by Charles R. Plott and published by Elsevier. This book was released on 2008-08-21 with total page 1175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experimental methods in economics respond to circumstances that are not completely dictated by accepted theory or outstanding problems. While the field of economics makes sharp distinctions and produces precise theory, the work of experimental economics sometimes appear blurred and may produce results that vary from strong support to little or partial support of the relevant theory. At a recent conference, a question was asked about where experimental methods might be more useful than field methods. Although many cannot be answered by experimental methods, there are questions that can only be answered by experiments. Much of the progress of experimental methods involves the posing of old or new questions in a way that experimental methods can be applied. The title of the book reflects the spirit of adventure that experimentalists share and focuses on experiments in general rather than forcing an organization into traditional categories that do not fit. The emphasis reflects the fact that the results do not necessarily demonstrate a consistent theme, but instead reflect bits and pieces of progress as opportunities to pose questions become recognized. This book is a result of an invitation sent from the editors to a broad range of experimenters asking them to write brief notes describing specific experimental results. The challenge was to produce pictures and tables that were self-contained so the reader could understand quickly the essential nature of the experiments and the results.
Book Synopsis The Guidance of an Enterprise Economy by : Martin Shubik
Download or read book The Guidance of an Enterprise Economy written by Martin Shubik and published by MIT Press. This book was released on 2022-11-01 with total page 591 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous theory of money, credit, and bankruptcy in the context of a mixed economy, uniting Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation. This book offers a rigorous study of control, guidance, and coordination problems of an enterprise economy, with attention to the roles of money and financial institutions. The approach is distinctive in drawing on game theory, methods of physics and experimental gaming, and, more generally, a broader evolutionary perspective from the biological and behavioral sciences. The proposed theory unites Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation utilizing strategic market games. Problems concerning the meaning of rational economic behavior and the concept of solution are noted. The authors argue that process models of the economy can be built that are consistent with the general equilibrium system but become progressively more complex as new functions are added. Explicit embedding of the economy within the framework of government and society provides a natural, both formal and informal, control system. The authors describe how to build and analyze multistate models with simple assumptions about behavior, and develop a general modeling methodology for the construction of models as playable games.
Book Synopsis Best Practices for Online Procurement Auctions by : Parente, Diane H.
Download or read book Best Practices for Online Procurement Auctions written by Parente, Diane H. and published by IGI Global. This book was released on 2007-12-31 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a systematic approach to the examination of online procurement auctions. Growth in online auctions reinforces the need for understanding the factors important in auctions and the caveats that both researchers and practitioners need to know in order to effectively study and use the auction tool.
Book Synopsis Human Cultures through the Scientific Lens by : Pascal Boyer
Download or read book Human Cultures through the Scientific Lens written by Pascal Boyer and published by Open Book Publishers. This book was released on 2021-07-09 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together a collection of seven articles previously published by the author, with a new introduction reframing the articles in the context of past and present questions in anthropology, psychology and human evolution. It promotes the perspective of ‘integrated’ social science, in which social science questions are addressed in a deliberately eclectic manner, combining results and models from evolutionary biology, experimental psychology, economics, anthropology and history. It thus constitutes a welcome contribution to a gradually emerging approach to social science based on E. O. Wilson’s concept of ‘consilience’. Human Cultures through the Scientific Lens spans a wide range of topics, from an examination of ritual behaviour, integrating neuro-science, ethology and anthropology to explain why humans engage in ritual actions (both cultural and individual), to the motivation of conflicts between groups. As such, the collection gives readers a comprehensive and accessible introduction to the applications of an evolutionary paradigm in the social sciences. This volume will be a useful resource for scholars and students in the social sciences (particularly psychology, anthropology, evolutionary biology and the political sciences), as well as a general readership interested in the social sciences.
Book Synopsis The Economics of Enough by : Diane Coyle
Download or read book The Economics of Enough written by Diane Coyle and published by Princeton University Press. This book was released on 2012-09-16 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why our economy is cheating the future—and what we can do about it The world's leading economies are facing not just one but many crises. The financial meltdown may not be over, climate change threatens major global disruption, economic inequality has reached extremes not seen for a century, and government and business are widely distrusted. At the same time, many people regret the consumerism and social corrosion of modern life. What these crises have in common, Diane Coyle argues, is a reckless disregard for the future—especially in the way the economy is run. How can we achieve the financial growth we need today without sacrificing a decent future for our children, our societies, and our planet? How can we realize what Coyle calls "the Economics of Enough"? Running the economy for tomorrow as well as today will require a wide range of policy changes. The top priority must be ensuring that we get a true picture of long-term economic prospects, with the development of official statistics on national wealth in its broadest sense, including natural and human resources. Saving and investment will need to be encouraged over current consumption. Above all, governments will need to engage citizens in a process of debate about the difficult choices that lie ahead and rebuild a shared commitment to the future of our societies. Creating a sustainable economy—having enough to be happy without cheating the future—won't be easy. But The Economics of Enough starts a profoundly important conversation about how we can begin—and the first steps we need to take.
Download or read book Open Economics written by Richard Arena and published by Routledge. This book was released on 2009-06-02 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics has developed into one of the most specialised social sciences. Yet at the same time, it shares its subject matter with other social sciences and humanities and its method of analysis has developed in close correspondence with the natural and life sciences. This book offers an up to date assessment of economics in relation to other disciplines. This edited collection explores fields as diverse as mathematics, physics, biology, medicine, sociology, architecture, and literature, drawing from selected contributions to the 2005 Annual Conference of the European Society for the History of Economic Thought (ESHET). There is currently much discussion at the leading edges of modern economics about openness to other disciplines, such as psychology and sociology. But what we see here is that economics has drawn on (as well as contributed to) other disciplines throughout its history. In this sense, in spite of the increasing specialisation within all disciplines, economics has always been an open discipline and the chapters in this volume provide a vivid illustration for this. Open Economics is a testament to the intellectual vibrancy of historical research in economics. It presents the reader with a historical introduction to the disciplinary context of economics that is the first of its kind, and will appeal to practising economists and students of the discipline alike, as well as to anybody interested in economics and its position in the scientific and social scientific landscape.
