Random Encounters And Information Diffusion About Markets

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Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics

Author : Kiyohiko Nishimura
Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics by : Kiyohiko Nishimura

Download or read book Imperfect Competition, Differential Information, and Microfoundations of Macroeconomics written by Kiyohiko Nishimura and published by Oxford University Press, USA. This book was released on 1992 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume links a microeconomic model of imperfectly informed firms and unions in monopolistic competition to a general theory of wage- and price-setting in a macroeconomic model. The analysis is based on a profit maximization and rational behaviour and is thus in line with the newly emerged New Keynesian approach in its emphasis on the microeconomic foundation of macroeconomics. The volume goes on to explain three stylized facts in macroeconomics: nominal rigidity, real rigidity, and cost-oriented prices, presented in a coherent New Keynesian framework. The analysis also provides new insight into the role of competition in an economy with imperfectly and differentially informed firms. It shows that increased competition may increase nominal as well as real price rigidity and increased volatility of investment.

Macroeconomics, Prices, and Quantities

Author : Arthur M. Okun
Publisher : Brookings Institution Press
ISBN 13 : 9780815784852
Total Pages : 305 pages
Book Rating : 4.7/5 (848 download)

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Book Synopsis Macroeconomics, Prices, and Quantities by : Arthur M. Okun

Download or read book Macroeconomics, Prices, and Quantities written by Arthur M. Okun and published by Brookings Institution Press. This book was released on 1983 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Diffusion of Innovative Energy Services

Author : Anna Kowalska-Pyzalska
Publisher : Elsevier
ISBN 13 : 0128228830
Total Pages : 246 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Diffusion of Innovative Energy Services by : Anna Kowalska-Pyzalska

Download or read book Diffusion of Innovative Energy Services written by Anna Kowalska-Pyzalska and published by Elsevier. This book was released on 2023-08-25 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diffusion of Innovative Energy Services: Consumers' Acceptance and Willingness to Pay consolidates research in the diffusion, adoption and acceptance of Innovative energy services (IES), including dynamic green electricity tariffs, small-scale energy generators, and smart metering information systems among residential electricity consumers. The book addresses consumer awareness, acceptance and engagement towards smart technologies, focusing on the 'willingness to pay' for IES. Chapters address findings from field experiments, pilot programs and simulation methods such as agent-based modeling. Case studies involve various countries and continents, with a focus on modern, pro-environmental and sustainable economies, where IES are offered. Policy recommendations, tools and interventions as well as behavioral strategies conclude the work. - Consolidates and integrates key findings across economic, behavioral and social elements of IES diffusion - Addresses the economic appraisal of IES, covering consumers' willingness to pay and the intention-behavior gap phenomenon - Reviews current literature regarding consumers' acceptance and engagement towards IES based on filed experiments, pilot programs, modelling and simulation - Provides policy recommendations, marketing tools and interventions as well as the behavioral strategies necessary to enhance IES market position alongside climate policy goals

Networks, Crowds, and Markets

Author : David Easley
Publisher : Cambridge University Press
ISBN 13 : 1139490303
Total Pages : 745 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Networks, Crowds, and Markets by : David Easley

Download or read book Networks, Crowds, and Markets written by David Easley and published by Cambridge University Press. This book was released on 2010-07-19 with total page 745 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are all film stars linked to Kevin Bacon? Why do the stock markets rise and fall sharply on the strength of a vague rumour? How does gossip spread so quickly? Are we all related through six degrees of separation? There is a growing awareness of the complex networks that pervade modern society. We see them in the rapid growth of the internet, the ease of global communication, the swift spread of news and information, and in the way epidemics and financial crises develop with startling speed and intensity. This introductory book on the new science of networks takes an interdisciplinary approach, using economics, sociology, computing, information science and applied mathematics to address fundamental questions about the links that connect us, and the ways that our decisions can have consequences for others.

The Demand for Health

Author : Michael Grossman
Publisher : Columbia University Press
ISBN 13 : 0231544529
Total Pages : 153 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis The Demand for Health by : Michael Grossman

Download or read book The Demand for Health written by Michael Grossman and published by Columbia University Press. This book was released on 2017-08-08 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: A seminal work in health economics first published in 1972, Michael Grossman's The Demand for Health introduced a new theoretical model for determining the health status of the population. His work uniquely synthesized economic and public health knowledge and has catalyzed a vastly influential body of health economics literature. It is well past time to bring this important work back into print. Grossman bases his approach on Gary S. Becker's household production function model and his theory of investment in human capital. Consumers demand health, which can include illness-free days in a given year or life expectancy, and then produce it through the input of medical care services, diet, other market goods and services, and time. Grossman also treats health and knowledge as equal parts of the durable stock of human capital. Consumers therefore have an incentive to invest in health to increase their earnings in the future. From here, Grossman examines complementarities between health capital and other forms of human capital, the most important of which is knowledge capital earned through schooling and its effect on the efficiency of production. He concludes that the rate of return on investing in health by increasing education may exceed the rate of return on investing in health through greater medical care. Higher income may not lead to better health outcomes, as wealth enables the consumption of goods and services with adverse health effects. These are some of the major revelations of Grossman's model, findings that have great relevance as we struggle to understand the links between poverty, education, structural disadvantages, and health.

Introduction to Contemporary Social Theory

Author : Anthony Elliott
Publisher : Routledge
ISBN 13 : 1136237372
Total Pages : 381 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis Introduction to Contemporary Social Theory by : Anthony Elliott

Download or read book Introduction to Contemporary Social Theory written by Anthony Elliott and published by Routledge. This book was released on 2014-02-10 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this comprehensive, stylish and accessible introduction to contemporary social theory, Anthony Elliott and Charles Lemert examine the major theoretical traditions from the Frankfurt School to globalization and beyond. When first published, the book’s wide range set new standards for introductory textbooks – social theorists discussed include Theodor Adorno, Herbert Marcuse, Michel Foucault, Jacques Lacan, Jacques Derrida, Anthony Giddens, Pierre Bourdieu, Julia Kristeva, Jurgen Habermas, Judith Butler, Slavoj Zizek, Manuel Castells, Ulrich Beck, Zygmunt Bauman, Giorgio Agamben and Manuel De Landa. Extensively developed to take into account significant recent developments in American social theory, the book offers chapters on American pragmatism, structural functionalism, ethnomethodology, black feminist thought and world-systems theory. American traditions of social theory are brought powerfully to life in treatments of intellectuals ranging from William James to Robert K. Merton, David Riesman to Randall Collins, and Patricia Hill Collins to Saskia Sassen. Introduction to Contemporary Social Theory combines lively exposition and clarity with reflective social critique and original insights, and is a superb textbook with which to navigate the twists and turns of contemporary social theory as taught in the disciplines of sociology, politics, history, cultural studies and many more.

Mathematics and Information Science in Archaeology

Author : Albertus Voorrips
Publisher :
ISBN 13 :
Total Pages : 316 pages
Book Rating : 4.X/5 (2 download)

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Book Synopsis Mathematics and Information Science in Archaeology by : Albertus Voorrips

Download or read book Mathematics and Information Science in Archaeology written by Albertus Voorrips and published by . This book was released on 1990 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Developing Countries In The World Economy

Author : Jaime De Melo
Publisher : World Scientific
ISBN 13 : 9814494917
Total Pages : 634 pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Developing Countries In The World Economy by : Jaime De Melo

Download or read book Developing Countries In The World Economy written by Jaime De Melo and published by World Scientific. This book was released on 2015-03-26 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: Differences in the choices of trade and macro policies, both by developing countries and by developed countries towards developing countries, have been critical in determining the overall performance of developing countries. All too often, the performance of developing countries has not been assessed using appropriately conducted studies. The papers in this book are chosen to bridge this gap and show how a quantitative approach to policy evaluation can help resolve controversies and explain the choice of observed policies.The book brings together carefully selected papers that assess the impacts of various trade and macro policies, by quantifying the policies of developing countries at the macro level (exchange rate, investment, savings) and at the sector level (trade and industrial policies), in addition to policies of developed countries towards developing countries (trade preferences, quotas, VERs and migration policies). Facets of the political economy of trade, migration, and climate policies are explored (such as the enlargement of the EU, the rise of regionalism and how it can ease the pains of adjustment to trade liberalization, openness and inequality). Growing tensions between trade and the environment are also investigated. In short, this book covers a wide area of events ranging from external and internal shocks to external and internal policies, showing how the consequences of these events can be brought to rigorous quantitative analysis.

Communities in Action

Author : National Academies of Sciences, Engineering, and Medicine
Publisher : National Academies Press
ISBN 13 : 0309452961
Total Pages : 583 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis Communities in Action by : National Academies of Sciences, Engineering, and Medicine

Download or read book Communities in Action written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-27 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

Innovation Economics, Engineering and Management Handbook 1

Author : Dimitri Uzunidis
Publisher : John Wiley & Sons
ISBN 13 : 1786304562
Total Pages : 466 pages
Book Rating : 4.7/5 (863 download)

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Book Synopsis Innovation Economics, Engineering and Management Handbook 1 by : Dimitri Uzunidis

Download or read book Innovation Economics, Engineering and Management Handbook 1 written by Dimitri Uzunidis and published by John Wiley & Sons. This book was released on 2021-07-21 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation, in economic activity, in managerial concepts and in engineering design, results from creative activities, entrepreneurial strategies and the business climate. Innovation leads to technological, organizational and commercial changes, due to the relationships between enterprises, public institutions and civil society organizations. These innovation networks create new knowledge and contribute to the dissemination of new socio-economic and technological models, through new production and marketing methods. Innovation Economics, Engineering and Management Handbook 1 is the first of the two volumes that comprise this book. The main objectives across both volumes are to study the innovation processes in todays information and knowledge society; to analyze how links between research and business have intensified; and to discuss the methods by which innovation emerges and is managed by firms, not only from a local perspective but also a global one. The studies presented in these two volumes contribute toward an understanding of the systemic nature of innovations and enable reflection on their potential applications, in order to think about the meaning of growth and prosperity.

Positive Feedback Economies

Author : E. Agliardi
Publisher : Springer
ISBN 13 : 0230376215
Total Pages : 159 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Positive Feedback Economies by : E. Agliardi

Download or read book Positive Feedback Economies written by E. Agliardi and published by Springer. This book was released on 1998-02-09 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this book is to study the economy as a complex system and to show that the presence of self-reinforcing mechanisms in very different economic problems gives rise to common regularities and common qualitative properties. Dynamic systems of the self-reinforcing type are considered, that is, systems with local positive feedbacks. Economic theory maintains that positive feedbacks can cause multiple equilibria and possible inefficiency. This book concentrates on the less familiar properties of lock-in, path-dependence and symmetry-breaking.

Empirical Market Microstructure

Author : Joel Hasbrouck
Publisher : Oxford University Press
ISBN 13 : 0198041306
Total Pages : 209 pages
Book Rating : 4.1/5 (98 download)

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Book Synopsis Empirical Market Microstructure by : Joel Hasbrouck

Download or read book Empirical Market Microstructure written by Joel Hasbrouck and published by Oxford University Press. This book was released on 2007-01-04 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The interactions that occur in securities markets are among the fastest, most information intensive, and most highly strategic of all economic phenomena. This book is about the institutions that have evolved to handle our trading needs, the economic forces that guide our strategies, and statistical methods of using and interpreting the vast amount of information that these markets produce. The book includes numerous exercises.

Social Science Research

Author : Anol Bhattacherjee
Publisher : CreateSpace
ISBN 13 : 9781475146127
Total Pages : 156 pages
Book Rating : 4.1/5 (461 download)

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Book Synopsis Social Science Research by : Anol Bhattacherjee

Download or read book Social Science Research written by Anol Bhattacherjee and published by CreateSpace. This book was released on 2012-04-01 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to introduce doctoral and graduate students to the process of conducting scientific research in the social sciences, business, education, public health, and related disciplines. It is a one-stop, comprehensive, and compact source for foundational concepts in behavioral research, and can serve as a stand-alone text or as a supplement to research readings in any doctoral seminar or research methods class. This book is currently used as a research text at universities on six continents and will shortly be available in nine different languages.

The Random Spatial Economy and its Evolution

Author : Leslie Curry
Publisher : Taylor & Francis
ISBN 13 : 0429764456
Total Pages : 461 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis The Random Spatial Economy and its Evolution by : Leslie Curry

Download or read book The Random Spatial Economy and its Evolution written by Leslie Curry and published by Taylor & Francis. This book was released on 2020-07-09 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume, spanning a lifetime's research, is a highly innovative first attempt at a consistent theoretical approach to the elements, structures and dynamics of the geography of agents, settlements and trade. Cause and effect are replaced by chance within constraints. Populations are substituted for unreal representative individuals, variability for uniformity, probabilistic process for unique history. Ignorance is a major factor in interpersonal and inter-areal commercial relations so that the focus is on flows of information and their effects on the efficiency of the economy or, alternatively, on changes in its information content. Recent work on spatial arrangements in many physical and social sciences is incorporated but always interpreted from an overriding geographical viewpoint. Key concepts are locational potential, distance friction, mobility, diffusion, spatial pattern and texture, adaptability, efficiency, spatial interaction and dependence. Analytic methods include autocovariance and transfer functions, areal special densities and entropy. Various forms of self-organization of economic spatial patterns are examined.

Limit Order Books

Author : Frédéric Abergel
Publisher : Cambridge University Press
ISBN 13 : 1316870480
Total Pages : 242 pages
Book Rating : 4.3/5 (168 download)

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Book Synopsis Limit Order Books by : Frédéric Abergel

Download or read book Limit Order Books written by Frédéric Abergel and published by Cambridge University Press. This book was released on 2016-05-09 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: A limit order book is essentially a file on a computer that contains all orders sent to the market, along with their characteristics such as the sign of the order, price, quantity and a timestamp. The majority of organized electronic markets rely on limit order books to store the list of interests of market participants on their central computer. A limit order book contains all the information available on a specific market and it reflects the way the market moves under the influence of its participants. This book discusses several models of limit order books. It begins by discussing the data to assess their empirical properties, and then moves on to mathematical models in order to reproduce the observed properties. Finally, the book presents a framework for numerical simulations. It also covers important modelling techniques including agent-based modelling, and advanced modelling of limit order books based on Hawkes processes. The book also provides in-depth coverage of simulation techniques and introduces general, flexible, open source library concepts useful to readers studying trading strategies in order-driven markets.

Untangling Complex Systems

Author : Pier Luigi Gentili
Publisher : CRC Press
ISBN 13 : 0429847556
Total Pages : 568 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Untangling Complex Systems by : Pier Luigi Gentili

Download or read book Untangling Complex Systems written by Pier Luigi Gentili and published by CRC Press. This book was released on 2018-09-03 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complex Systems are natural systems that science is unable to describe exhaustively. Examples of Complex Systems are both unicellular and multicellular living beings; human brains; human immune systems; ecosystems; human societies; the global economy; the climate and geology of our planet. This book is an account of a marvelous interdisciplinary journey the author made to understand properties of the Complex Systems. He has undertaken his trip, equipped with the fundamental principles of physical chemistry, in particular, the Second Law of Thermodynamics that describes the spontaneous evolution of our universe, and the tools of Non-linear dynamics. By dealing with many disciplines, in particular, chemistry, biology, physics, economy, and philosophy, the author demonstrates that Complex Systems are intertwined networks, working in out-of-equilibrium conditions, which exhibit emergent properties, such as self-organization phenomena and chaotic behaviors in time and space.

Ensuring Quality to Gain Access to Global Markets

Author : Martin Kellermann
Publisher : World Bank Publications
ISBN 13 : 1464813728
Total Pages : 275 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Ensuring Quality to Gain Access to Global Markets by : Martin Kellermann

Download or read book Ensuring Quality to Gain Access to Global Markets written by Martin Kellermann and published by World Bank Publications. This book was released on 2019-04-09 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a modern world with rapidly growing international trade, countries compete less based on the availability of natural resources, geographical advantages, and lower labor costs and more on factors related to firms' ability to enter and compete in new markets. One such factor is the ability to demonstrate the quality and safety of goods and services expected by consumers and confirm compliance with international standards. To assure such compliance, a sound quality infrastructure (QI) ecosystem is essential. Jointly developed by the World Bank Group and the National Metrology Institute of Germany, this guide is designed to help development partners and governments analyze a country's quality infrastructure ecosystems and provide recommendations to design and implement reforms and enhance the capacity of their QI institutions.