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Reconciling Efficiency And Equity
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Book Synopsis Reconciling Efficiency and Equity by : Damien Gerard
Download or read book Reconciling Efficiency and Equity written by Damien Gerard and published by Cambridge University Press. This book was released on 2019-05-09 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a new conceptualization of competition law as economic inequality and its interaction with efficiency become of central concern to policy and decision-makers.
Book Synopsis Discounting and Intergenerational Equity by : Paul R. Portney
Download or read book Discounting and Intergenerational Equity written by Paul R. Portney and published by Routledge. This book was released on 2013-10-18 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: The full effects of decisions made today about many environmental policies -including climate change and nuclear waste- will not be felt for many years. For issues with long-term ramifications, analysts often employ discount rates to compare present and future costs and benefits. This is reasonable, and discounting has become a procedure that raises few objections. But are the methods appropriate for measuring costs and benefits for decisions that will have impacts 20 to 30 years from now the right ones to employ for a future that lies 200 to 300 years in the future? This landmark book argues that methods reasonable for measuring gains and losses for a generation into the future may not be appropriate when applied to a longer span of time. Paul Portney and John Weyant have assembled some of the world's foremost economists to reconsider the purpose, ethical implications, and application of discounting in light of recent research and current policy concerns. These experts note reasons why conventional calculations involved in discounting are undermined when considering costs and benefits in the distant future, including uncertainty about the values and preferences of future generations, and uncertainties about available technologies. Rather than simply disassemble current methodologies, the contributors examine innovations that will make discounting a more compelling tool for policy choices that influence the distant future. They discuss the combination of a high shout-term with a low long-term diescount rate, explore discounting according to more than one set of anticipated preferences for the future, and outline alternatives involving simultaneous consideration of valuation, discounting and political acceptability.
Download or read book Alphanomics written by Charles Lee and published by Now Publishers. This book was released on 2015-12-16 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alphanomics: The Informational Underpinnings of Market Efficiency is intended to be a compact introduction to academic research on market efficiency, behavioral finance, and fundamental analysis and is dedicated to the kind of decision-driven and prospectively-focused research that is much needed in a market constantly seeking to become more efficient. The authors refer to this type of research as Alphanomics, the informational economics behind market efficiency. Alpha refers to the abnormal returns, which provide the incentive for some subpopulation of investors to engage in information acquisition and costly arbitrage activities. Nomics refers to the economics of alpha extraction, which encompasses the costs and incentives of informational arbitrage as a sustainable business proposition. Some of the questions that are addressed include: why do we believe markets are efficient?; what problems have this belief engendered?; what factors can impede and/or facilitate market efficiency?; what roles do investor sentiment and costly arbitrage play in determining an equilibrium level of informational efficiency?; what is the essence of value investing?; how is it related to fundamental analysis (the study of historical financial data)?; and how might we distinguish between risk and mispricing based explanations for predictability patterns in returns? The first two sections review the evolution of academic thinking on market efficiency and introduce the noise trader model as a rational alternative. Section 3 surveys the literature on investor sentiment and its role as a source of both risks and returns. Section 4 discusses the role of fundamental analysis in value investing. Section 5 reviews the literature on limits to arbitrage, and section 6 discusses research methodology issues associated with the need to distinguish mispricing from risk.
Author :European Conference of Ministers of Transport Publisher :OECD Publishing ISBN 13 :9264163182 Total Pages :264 pages Book Rating :4.2/5 (641 download)
Book Synopsis Efficient Transport for Europe Policies for the Internalisation of External Costs by : European Conference of Ministers of Transport
Download or read book Efficient Transport for Europe Policies for the Internalisation of External Costs written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 1998-07-17 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report summarises the theoretical and practical dimensions to internalisation; reviews recent estimates of external costs; explores the mix of policies that might be used to promote internalisation successfully; and estimates the size of incentives required in monetary terms.
Book Synopsis Competition Law and Economic Inequality by : Jan Broulík
Download or read book Competition Law and Economic Inequality written by Jan Broulík and published by Bloomsbury Publishing. This book was released on 2022-12-15 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: The gap between the rich and poor is widening across the globe. This book explores whether this major societal challenge of our time can be addressed by the means of competition law. The primary goal of today's competition law is to ensure that market power does not lead to an inefficient production of goods and services. Nevertheless, even such efficiency-oriented curbing of market power may arguably contribute to the reduction of differences in how much people own and earn. Furthermore, many competition law regimes do take into account distributive considerations too. The chapters investigate the relationship between competition law and economic (in)equality from philosophical, historical, and economic perspectives. Their inquiries concern the conceptual foundations of competition law and doctrinal frameworks of individual jurisdictions, as well as specific problems and markets. As such, the book provides a novel and comprehensive overview of whether and how competition law can contribute to more equality in both developed and developing countries. The book is a must-read for researchers, public officials, judges, and practitioners within the competition law community. It will also appeal to anyone more broadly interested in issues of inequality and economic policy.
Book Synopsis Studies in Public Welfare by : James R. Storey
Download or read book Studies in Public Welfare written by James R. Storey and published by . This book was released on 1973 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Concepts in Welfare Program Design: Okner, B. A. The role of demogrants as an income maintenance alternative by :
Download or read book Concepts in Welfare Program Design: Okner, B. A. The role of demogrants as an income maintenance alternative written by and published by . This book was released on 1973 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Concepts in Welfare Program Design by :
Download or read book Concepts in Welfare Program Design written by and published by . This book was released on 1973 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Collected Papers of Kenneth J. Arrow: Social choice and justice by : Kenneth Joseph Arrow
Download or read book Collected Papers of Kenneth J. Arrow: Social choice and justice written by Kenneth Joseph Arrow and published by Harvard University Press. This book was released on 1983 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arrow takes up the basic question of whether collective choices can reflect individual preferences. The seminal 1950 paper that opens the volume shows that given reasonable conditions that social choices must satisfy to reflect individual preferences, it is impossible to make a choice among alternatives without violating some of the conditions.
Book Synopsis Issues in Contemporary Macroeconomics and Distribution by : George R. Feiwel
Download or read book Issues in Contemporary Macroeconomics and Distribution written by George R. Feiwel and published by State University of New York Press. This book was released on 1985-06-30 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: This important book and its companion volume, Issues in Contemporary Microeconomics and Welfare, capture and convey the spirit, fundamental issues, underlying tensions, rich variety, accomplishments, and failures in contemporary economics. It presents economics as a dynamic subject, showing its strengths and limitations, exploring alternative approaches, and tracing the sources of differences. The essays include original contributions by the theorists themselves; major interpretations, reflections, and assessments by leading economists, and evaluations of particular areas by rising young scholars.
Book Synopsis Hearings, Reports and Prints of the Joint Economic Committee by : United States. Congress. Joint Economic Committee
Download or read book Hearings, Reports and Prints of the Joint Economic Committee written by United States. Congress. Joint Economic Committee and published by . This book was released on 1973 with total page 1302 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Management Under Differing Labour Market and Employment Systems by : Günter Dlugos
Download or read book Management Under Differing Labour Market and Employment Systems written by Günter Dlugos and published by Walter de Gruyter GmbH & Co KG. This book was released on 2019-07-22 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: No detailed description available for "Management Under Differing Labour Market and Employment Systems".
Book Synopsis Energy Investments and the Environment by : Corazon M. Siddayao
Download or read book Energy Investments and the Environment written by Corazon M. Siddayao and published by World Bank Publications. This book was released on 1993-01-01 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume shows how to develop new energy sources in ways that are less damaging to the environment than previous practices have been. Contributors to the compilation discuss how developing countries can: identify the most important environmental issues for their energy investments measure the costs and benefits, including environmental considerations, of sustainable energy development incorporate macroeconomic and institutional issues into energy planning. The editors highlight the institutional barriers to energy development planning that takes into consideration the environmental effects. They outline typical environmental impacts of renewable energy systems and provide an overview of applicable technologies. The report also discusses environmental policy in the production and consumption of oil and gas, with a review of pollution standards and control. And one section explores issues concerning greenhouse gases, such as how to apply controls fairly. These technical materials are a product of the program on energy policy and planning of the World Bank's Economic Development Institute. This volume will help policymakers and planners identify environmental issues in energy investments.
Book Synopsis Post-Kyoto International Climate Policy by : Joseph E. Aldy
Download or read book Post-Kyoto International Climate Policy written by Joseph E. Aldy and published by Cambridge University Press. This book was released on 2010 with total page 1023 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Research from the Harvard Project on International Climate Agreements."--T.p.
Book Synopsis Babies and Bosses - Reconciling Work and Family Life (Volume 1) Australia, Denmark and the Netherlands by : OECD
Download or read book Babies and Bosses - Reconciling Work and Family Life (Volume 1) Australia, Denmark and the Netherlands written by OECD and published by OECD Publishing. This book was released on 2002-10-24 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first OECD review of the reconciliation of work and family life looks at the challenges parents of young children confront when trying to square their work and care commitments, and the implications for social and labour market trends.
Book Synopsis Research Handbook on Methods and Models of Competition Law by : Deborah Healey
Download or read book Research Handbook on Methods and Models of Competition Law written by Deborah Healey and published by Edward Elgar Publishing. This book was released on 2020-11-27 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive Handbook illuminates the objectives and economics behind competition law. It takes a global comparative approach to explore competition law and policy in a range of jurisdictions with differing political economies, legal systems and stages of development. A set of expert international contributors examine the operation and enforcement of competition law around the world in order to globalize discussions surrounding the foundational issues of this topic. In doing so, they not only reveal the range of approaches to competition law, but also identify certain basic economic concepts and types of anticompetitive conduct that are at the core of competition law.
Book Synopsis OECD Reviews of Innovation Policy: South Africa 2007 by : OECD
Download or read book OECD Reviews of Innovation Policy: South Africa 2007 written by OECD and published by OECD Publishing. This book was released on 2007-09-10 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive assessment of the innovation system of South Africa, focusing on the role of government.
