The Foundations Of Positive And Normative Economics

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The Foundations of Positive and Normative Economics

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Author : Andrew Caplin
Publisher : Oxford University Press
ISBN 13 : 9780199890118
Total Pages : 416 pages
Book Rating : 4.8/5 (91 download)

Book Synopsis The Foundations of Positive and Normative Economics by : Andrew Caplin

Download or read book The Foundations of Positive and Normative Economics written by Andrew Caplin and published by Oxford University Press. This book was released on 2010-06-25 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Foundations of Positive and Normative Economics: A Handbook is the first book in a new series by Andrew Caplin and Andrew Schotter. There is currently no guide available on the rapidly changing methodological frontiers of the field of economics. Economists have been introducing new theories and new sources of data at a remarkable rate in recent years, and there are widely divergent views both on how productive these expansions have been in the past, and how best to make progress in the future. The speed of these changes has left economists ill at ease, and has created a backlash against new methods. The series will debate these critical issues, allowing proponents of a particular research method to present proposals in a safe yet critical context, with alternatives being clarified. This first volume, written by some of the most prominent researchers in the discipline, reflects the challenges that are opened by new research opportunities. The goal of the current volume and the series it presages, is to formally open a dialog on methodology. The editors' conviction is that such a debate will rebound to the benefit of social science in general, and economics in particular. The issues under discussion strike to the very heart of the social scientific enterprise. This work is of tremendous importance to all who are interested in the contributions that academic research can make not only to our scientific understanding, but also to matters of policy.

Foundations of Economic Analysis of Law

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Author : Steven Shavell
Publisher : Harvard University Press
ISBN 13 : 0674043499
Total Pages : 760 pages
Book Rating : 4.6/5 (74 download)

Book Synopsis Foundations of Economic Analysis of Law by : Steven Shavell

Download or read book Foundations of Economic Analysis of Law written by Steven Shavell and published by Harvard University Press. This book was released on 2009-07-01 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt: What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of legal sanctions? Do corporations pollute less, market safer products, and obey contracts to avoid suit? And given the effects of laws, which are socially best? Such questions about the influence and desirability of laws have been investigated by legal scholars and economists in a new, rigorous, and systematic manner since the 1970s. Their approach, which is called economic, is widely considered to be intellectually compelling and to have revolutionized thinking about the law. In this book Steven Shavell provides an in-depth analysis and synthesis of the economic approach to the building blocks of our legal system, namely, property law, tort law, contract law, and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it. Because of its breadth, analytical clarity, and general accessibility, it is likely to serve as a definitive work in the economic analysis of law.

The End of Value-Free Economics

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Author : Hilary Putnam
Publisher : Routledge
ISBN 13 : 1136576819
Total Pages : 272 pages
Book Rating : 4.1/5 (365 download)

Book Synopsis The End of Value-Free Economics by : Hilary Putnam

Download or read book The End of Value-Free Economics written by Hilary Putnam and published by Routledge. This book was released on 2012-03-15 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together key players in the current debate on positive and normative science and philosophy and value judgements in economics. Both editors have engaged in these debates throughout their careers from its early foundations; Putnam as a doctorial student of Hans Reichenbach at UCLA and Walsh a junior member of Lord Robbins’s department at the London School of Economics, both in the early 1950s. This book collects recent contributions from Martha Nussbaum, Amartya Sen and Partha Dasgupta, as well as a new chapter from the editors.

Foundations of Economic Analysis

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Author : Paul Anthony Samuelson
Publisher : New York : Atheneum, c1965, 1979 printing.
ISBN 13 :
Total Pages : 484 pages
Book Rating : 4.0/5 ( download)

Book Synopsis Foundations of Economic Analysis by : Paul Anthony Samuelson

Download or read book Foundations of Economic Analysis written by Paul Anthony Samuelson and published by New York : Atheneum, c1965, 1979 printing.. This book was released on 1965 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Positive and the Normative in Economic Thought

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Author : Sina Badiei
Publisher : Routledge
ISBN 13 : 1000604071
Total Pages : 279 pages
Book Rating : 4.0/5 (6 download)

Book Synopsis The Positive and the Normative in Economic Thought by : Sina Badiei

Download or read book The Positive and the Normative in Economic Thought written by Sina Badiei and published by Routledge. This book was released on 2022-06-15 with total page 279 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book responds to the need for greater clarity regarding the relationship between descriptive, evaluative and prescriptive approaches within positive and normative economics. It also analyses the entanglement between evaluative and prescriptive perspectives within several theoretical frameworks in normative economics such as social choice theory, the capability approach, behavioural welfare economics and various theories of justice. It provides a forum for discussion between various schools of economic thought and several theoretical frameworks on the relationship between the study of facts, norms and values, with particular emphasis on classical political economy, the Marxian school of economics, the Frankfurt School, the Austrian school, the Chicago school, rational choice theory, expected utility theory, behavioural economics, experimental economics, development economics, welfare economics, public economics, constitutional political economy, the capability approach and politico-economic theories of justice. Given the scope of questions treated in this book, it will be of interest to economists, historians of economic thought, political philosophers and philosophers of science, especially those interested in the philosophy and epistemology of economics.

Foundations of Research in Economics

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Author : Steven G. Medema
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.F/5 ( download)

Book Synopsis Foundations of Research in Economics by : Steven G. Medema

Download or read book Foundations of Research in Economics written by Steven G. Medema and published by Edward Elgar Publishing. This book was released on 1996 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 21 prescriptive rather than descriptive treatments, well known academic economists set out how they think the discipline should be practiced both internally and in relation to other fields and arenas of society. They explore economics as a historical process and as a public science, realism in model buildings, social science, normative and positive aspects, extracting information from data, and worthwhile economics. Annotation copyright by Book News, Inc., Portland, OR.

The Methodology of Positive Economics

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Author : Uskali Mäki
Publisher : Cambridge University Press
ISBN 13 : 0521867010
Total Pages : 383 pages
Book Rating : 4.5/5 (218 download)

Book Synopsis The Methodology of Positive Economics by : Uskali Mäki

Download or read book The Methodology of Positive Economics written by Uskali Mäki and published by Cambridge University Press. This book was released on 2009-05-28 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: A team of world-renowned experts cast new light on Milton Friedman's 1953 essay 'The methodology of positive economics'.

Essays in Positive Economics

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Author : Milton Friedman
Publisher : University of Chicago Press
ISBN 13 : 0226264033
Total Pages : 336 pages
Book Rating : 4.2/5 (262 download)

Book Synopsis Essays in Positive Economics by : Milton Friedman

Download or read book Essays in Positive Economics written by Milton Friedman and published by University of Chicago Press. This book was released on 1953 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is concerned primarily with certain methodological problems that arise in constructing the "distinct positive science" that John Neville Keynes called for, in particular, the problem how to decide whether a suggested hypothesis or theory should be tentatively accepted as part of the "body of systematized knowledge concerning what is."

The Foundations of Behavioral Economic Analysis

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Author : Sanjit S. Dhami
Publisher : Oxford University Press
ISBN 13 : 0198715528
Total Pages : 1799 pages
Book Rating : 4.1/5 (987 download)

Book Synopsis The Foundations of Behavioral Economic Analysis by : Sanjit S. Dhami

Download or read book The Foundations of Behavioral Economic Analysis written by Sanjit S. Dhami and published by Oxford University Press. This book was released on 2016 with total page 1799 pages. Available in PDF, EPUB and Kindle. Book excerpt: It considers the evidence against the exponential discounted utility model and describes several behavioral models such as hyperbolic discounting, attribute based models and the reference time theory. Part IV describes the evidence on classical game theory and considers several models of behavioral game theory, including level-k and cognitive hierarchy models, quantal response equilibrium, and psychological game theory. Part V considers behavioral models of learning that include evolutionary game theory, classical models of learning, experience weighted attraction model, learning direction theory, and stochastic social dynamics. Part VI studies the role of emotions; among other topics it considers projection bias, temptation preferences, happiness economics, and interaction between emotions and cognition. Part VII considers bounded rationality. The three main topics considered are judgment heuristics and biases, mental accounting, and behavioral finance.

The Foundations of Economic Policy

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Author : Nicola Acocella
Publisher : Cambridge University Press
ISBN 13 : 9780521586382
Total Pages : 546 pages
Book Rating : 4.5/5 (863 download)

Book Synopsis The Foundations of Economic Policy by : Nicola Acocella

Download or read book The Foundations of Economic Policy written by Nicola Acocella and published by Cambridge University Press. This book was released on 1998-10 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent developments in public economics have largely been in the direction of reaffirming the limits of the market and of establishing new ones. The possible existence of fundamental non-convexities, imperfect and asymmetric information, incentive compatibility, imperfect competition, strategic complementarity, and scale economies led to the conclusion that a large set of market failures exist; such situations also imply government failure. Acocella, considers this complicated picture and provides a discussion of the different approaches to establishing social 'rankings' of the possible situations and the underlying principles. The arguments for and against different institutions are then analysed at a micro and macroeconomic level. The market and the government are recognised as imperfect, and thus complementary, institutions. Specific policy targets and instruments are considered in the areas of micro and macro-economic policy. Special attention is devoted to questions of policy management in an open economy. Finally, problems of domestic and international policy co-ordination are considered.

The Foundations of Behavioral Economic Analysis

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Author : Sanjit Dhami
Publisher : Oxford University Press
ISBN 13 : 0192606492
Total Pages : 320 pages
Book Rating : 4.1/5 (926 download)

Book Synopsis The Foundations of Behavioral Economic Analysis by : Sanjit Dhami

Download or read book The Foundations of Behavioral Economic Analysis written by Sanjit Dhami and published by Oxford University Press. This book was released on 2020-07-15 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This seventh volume of The Foundations of Behavioral Economic Analysis covers a range of topics in behavioral economics. It is an essential guide for advanced undergraduate and postgraduate students seeking a concise and focused text that explores the key areas of emotions in economics, behavioral welfare economics, and neuroeconomics. This updated extract from Dhami's leading textbook allows the reader to pursue subsections of this vast and rapidly growing field and to tailor their reading to their specific interests in behavioral economics.

Macroeconomic Foundations of Macroeconomics

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Author : Alvaro Cencini
Publisher : Routledge
ISBN 13 : 1134382243
Total Pages : 368 pages
Book Rating : 4.1/5 (343 download)

Book Synopsis Macroeconomic Foundations of Macroeconomics by : Alvaro Cencini

Download or read book Macroeconomic Foundations of Macroeconomics written by Alvaro Cencini and published by Routledge. This book was released on 2012-10-12 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents’ behaviour. These are the macroeconomic foundations of macroeconomics. Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically. His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.

Teaching the Ethical Foundations of Economics

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Author : Jonathan B. Wight
Publisher : Council for Economic Educat
ISBN 13 : 9781561836482
Total Pages : 210 pages
Book Rating : 4.8/5 (364 download)

Book Synopsis Teaching the Ethical Foundations of Economics by : Jonathan B. Wight

Download or read book Teaching the Ethical Foundations of Economics written by Jonathan B. Wight and published by Council for Economic Educat. This book was released on 2007-03 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains 10 lessons that reintroduce an ethical dimension to economics. Students will learn about the important role ethics and character play in a market economy and how, in turn, markets influence ethical behavior.

Foundations of Economics

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Author : Yanis Varoufakis
Publisher : Routledge
ISBN 13 : 1134682603
Total Pages : 426 pages
Book Rating : 4.1/5 (346 download)

Book Synopsis Foundations of Economics by : Yanis Varoufakis

Download or read book Foundations of Economics written by Yanis Varoufakis and published by Routledge. This book was released on 2002-01-08 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of Economics breathes life into the discipline by linking key economic concepts with wider debates and issues. By bringing to light delightful mind-teasers, philosophical questions and intriguing politics in mainstream economics, it promises to enliven an otherwise dry course whilst inspiring students to do well. The book covers all the main economic concepts and addresses in detail three main areas: * consumption and choice * production and markets * government and the State. Each is discussed in terms of what the conventional textbook says, how these ideas developed in historical and philosophical terms and whether or not they make sense. Assumptions about economics as a discipline are challenged, and several pertinent students' anxieties ('Should I be studying economics?') are discussed.

Foundations of the Economic Approach to Law

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Author : Avery Wiener Katz
Publisher : Oxford University Press, USA
ISBN 13 : 9780195097740
Total Pages : 399 pages
Book Rating : 4.0/5 (977 download)

Book Synopsis Foundations of the Economic Approach to Law by : Avery Wiener Katz

Download or read book Foundations of the Economic Approach to Law written by Avery Wiener Katz and published by Oxford University Press, USA. This book was released on 1998-01 with total page 399 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for law school courses on economic analysis of law.

Macroeconomic Analysis

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Author : Dirk Niepelt
Publisher : MIT Press
ISBN 13 : 0262043475
Total Pages : 318 pages
Book Rating : 4.2/5 (62 download)

Book Synopsis Macroeconomic Analysis by : Dirk Niepelt

Download or read book Macroeconomic Analysis written by Dirk Niepelt and published by MIT Press. This book was released on 2019-12-31 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise but rigorous and thorough introduction to modern macroeconomic theory. This book offers an introduction to modern macroeconomic theory. It is concise but rigorous and broad, covering all major areas in mainstream macroeconomics today and showing how macroeconomic models build on and relate to each other. The self-contained text begins with models of individual decision makers, proceeds to models of general equilibrium without and with friction, and, finally, presents positive and normative theories of economic policy. After a review of the microeconomic foundations of macroeconomics, the book analyzes the household optimization problem, the representative household model, and the overlapping generations model. It examines risk and the implications for household choices and macroeconomic outcomes; equilibrium asset returns, prices, and bubbles; labor supply, growth, and business cycles; and open economy issues. It introduces frictions and analyzes their consequences in the labor market, financial markets, and for investment; studies money as a unit of account, store of value, and medium of exchange; and analyzes price setting in general equilibrium. Turning to government and economic policy, the book covers taxation, debt, social security, and monetary policy; optimal fiscal and monetary policies; and sequential policy choice, with applications in capital income taxation, sovereign debt and default, politically motivated redistribution, and monetary policy biases. Macroeconomic Analysis can be used by first-year graduate students in economics and students in master's programs, and as a supplemental text for advanced courses.

The Philosophy of Economics

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Author : Daniel M. Hausman
Publisher : Cambridge University Press
ISBN 13 : 0521883504
Total Pages : 11 pages
Book Rating : 4.5/5 (218 download)

Book Synopsis The Philosophy of Economics by : Daniel M. Hausman

Download or read book The Philosophy of Economics written by Daniel M. Hausman and published by Cambridge University Press. This book was released on 2008 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, explores the nature of economics as a science, including classic texts and newer essays.