Learning and Expectations in Macroeconomics

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Publisher : Princeton University Press
ISBN 13 : 1400824265
Total Pages : 440 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Learning and Expectations in Macroeconomics by : George W. Evans

Download or read book Learning and Expectations in Macroeconomics written by George W. Evans and published by Princeton University Press. This book was released on 2012-01-06 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: A crucial challenge for economists is figuring out how people interpret the world and form expectations that will likely influence their economic activity. Inflation, asset prices, exchange rates, investment, and consumption are just some of the economic variables that are largely explained by expectations. Here George Evans and Seppo Honkapohja bring new explanatory power to a variety of expectation formation models by focusing on the learning factor. Whereas the rational expectations paradigm offers the prevailing method to determining expectations, it assumes very theoretical knowledge on the part of economic actors. Evans and Honkapohja contribute to a growing body of research positing that households and firms learn by making forecasts using observed data, updating their forecast rules over time in response to errors. This book is the first systematic development of the new statistical learning approach. Depending on the particular economic structure, the economy may converge to a standard rational-expectations or a "rational bubble" solution, or exhibit persistent learning dynamics. The learning approach also provides tools to assess the importance of new models with expectational indeterminacy, in which expectations are an independent cause of macroeconomic fluctuations. Moreover, learning dynamics provide a theory for the evolution of expectations and selection between alternative equilibria, with implications for business cycles, asset price volatility, and policy. This book provides an authoritative treatment of this emerging field, developing the analytical techniques in detail and using them to synthesize and extend existing research.

Understanding Long-Run Economic Growth

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226116344
Total Pages : 400 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Understanding Long-Run Economic Growth by : Dora L. Costa

Download or read book Understanding Long-Run Economic Growth written by Dora L. Costa and published by University of Chicago Press. This book was released on 2011-10 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in explaining why some economies are more successful than others over time. This book explores the relationship between economic conditions, growth, and inequality.

Frontiers of Game Theory

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Publisher : MIT Press
ISBN 13 : 9780262023566
Total Pages : 372 pages
Book Rating : 4.0/5 (235 download)

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Book Synopsis Frontiers of Game Theory by : K. G. Binmore

Download or read book Frontiers of Game Theory written by K. G. Binmore and published by MIT Press. This book was released on 1993 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: seventeen contributions reflecting the many diverse approaches in the field todayThese seventeen contributions take up the most recent research in game theory, reflecting the many diverse approaches in the field today. They are classified in five general tactical categories - prediction, explanation, investigation, description, and prescription - and wit in these along applied and theoretical divisions. The introduction clearly lays out this framework.

The Frontiers of Knowledge

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Publisher : Penguin UK
ISBN 13 : 0241980879
Total Pages : 285 pages
Book Rating : 4.2/5 (419 download)

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Book Synopsis The Frontiers of Knowledge by : A. C. Grayling

Download or read book The Frontiers of Knowledge written by A. C. Grayling and published by Penguin UK. This book was released on 2021-05-06 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Grayling brings satisfying order to daunting subjects' Steven Pinker _________________________ In very recent times humanity has learnt a vast amount about the universe, the past, and itself. But through our remarkable successes in acquiring knowledge we have learned how much we have yet to learn: the science we have, for example, addresses just 5 per cent of the universe; pre-history is still being revealed, with thousands of historical sites yet to be explored; and the new neurosciences of mind and brain are just beginning. What do we know, and how do we know it? What do we now know that we don't know? And what have we learnt about the obstacles to knowing more? In a time of deepening battles over what knowledge and truth mean, these questions matter more than ever. Bestselling polymath and philosopher A. C. Grayling seeks to answer them in three crucial areas at the frontiers of knowledge: science, history and psychology. A remarkable history of science, life on earth, and the human mind itself, this is a compelling and fascinating tour de force, written with verve, clarity and remarkable breadth of knowledge. _________________________ 'Remarkable, readable and authoritative. How he has mastered so much, so thoroughly, is nothing short of amazing' Lawrence M. Krauss, author of A Universe from Nothing 'This book hums with the excitement of the great human project of discovery' Adam Zeman, author of Aphantasia

The Mystery of Economic Growth

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Publisher : Academic Foundation
ISBN 13 : 9788171884841
Total Pages : 250 pages
Book Rating : 4.8/5 (848 download)

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Book Synopsis The Mystery of Economic Growth by : Elhanan Helpman

Download or read book The Mystery of Economic Growth written by Elhanan Helpman and published by Academic Foundation. This book was released on 2006-03 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: Organizes the tale of economic growth around many themes: the importance of the accumulation of physical and human capital.

Frontier Information Technology and Systems Research in Cooperative Economics

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Publisher : Springer Nature
ISBN 13 : 3030578313
Total Pages : 1072 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Frontier Information Technology and Systems Research in Cooperative Economics by : Aleksei V. Bogoviz

Download or read book Frontier Information Technology and Systems Research in Cooperative Economics written by Aleksei V. Bogoviz and published by Springer Nature. This book was released on 2020-09-24 with total page 1072 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the very first book-length study devoted to the advances in technological development and systems research in cooperative economics. The chapters provide, first of all, a coherent framework for understanding and applying the concepts and approaches of complexity and systems science for the advanced study of cooperative networks and particular cooperative enterprises and communities. Second, the book serves as a unique source of reliable information on the frontier information technologies available for the production, consumer, credit, and agricultural cooperative enterprises, discussing predominant strategies, potential drivers of change, and responses to complex problems. Given the diverse range of backgrounds and advanced research results, researchers, decision-makers, and stakeholders from all fields of cooperative economics in any country of the world will undoubtedly benefit from this book.

A Guide to What's Wrong with Economics

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Publisher : Anthem Press
ISBN 13 : 0857287370
Total Pages : 332 pages
Book Rating : 4.8/5 (572 download)

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Book Synopsis A Guide to What's Wrong with Economics by : Edward Fullbrook

Download or read book A Guide to What's Wrong with Economics written by Edward Fullbrook and published by Anthem Press. This book was released on 2004 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: During a time of accelerating momentum for radical change in the study of economics, 'A Guide to What's Wrong with Economics' comprehensively re-examines the shortcomings of neoclassical economics and considers a number of alternative formulations.

Scarcity and Frontiers

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Publisher : Cambridge University Press
ISBN 13 : 1139493469
Total Pages : 767 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Scarcity and Frontiers by : Edward B. Barbier

Download or read book Scarcity and Frontiers written by Edward B. Barbier and published by Cambridge University Press. This book was released on 2010-12-23 with total page 767 pages. Available in PDF, EPUB and Kindle. Book excerpt: Throughout much of history, a critical driving force behind global economic development has been the response of society to the scarcity of key natural resources. Increasing scarcity raises the cost of exploiting existing natural resources and creates incentives in all economies to innovate and conserve more of these resources. However, economies have also responded to increasing scarcity by obtaining and developing more of these resources. Since the agricultural transition over 12,000 years ago, this exploitation of new 'frontiers' has often proved to be a pivotal human response to natural resource scarcity. This book provides a fascinating account of the contribution that natural resource exploitation has made to economic development in key eras of world history. This not only fills an important gap in the literature on economic history but also shows how we can draw lessons from these past epochs for attaining sustainable economic development in the world today.

The Changing Frontier

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Publisher : University of Chicago Press
ISBN 13 : 022628672X
Total Pages : 441 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis The Changing Frontier by : Adam B. Jaffe

Download or read book The Changing Frontier written by Adam B. Jaffe and published by University of Chicago Press. This book was released on 2015-08-14 with total page 441 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1945, Vannevar Bush, founder of Raytheon and one-time engineering dean at MIT, delivered a report to the president of the United States that argued for the importance of public support for science, and the importance of science for the future of the nation. The report, Science: The Endless Frontier, set America on a path toward strong and well-funded institutions of science, creating an intellectual architecture that still defines scientific endeavor today. In The Changing Frontier, Adam B. Jaffe and Benjamin Jones bring together a group of prominent scholars to consider the changes in science and innovation in the ensuing decades. The contributors take on such topics as changes in the organization of scientific research, the geography of innovation, modes of entrepreneurship, and the structure of research institutions and linkages between science and innovation. An important analysis of where science stands today, The Changing Frontier will be invaluable to practitioners and policy makers alike.

Frontiers of Economics

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Publisher : Wiley-Blackwell
ISBN 13 : 9780631155874
Total Pages : 458 pages
Book Rating : 4.1/5 (558 download)

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Book Synopsis Frontiers of Economics by : Kenneth Joseph Arrow

Download or read book Frontiers of Economics written by Kenneth Joseph Arrow and published by Wiley-Blackwell. This book was released on 1987-02 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Power and Influence of Economists

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Author :
Publisher : Routledge
ISBN 13 : 1000222233
Total Pages : 286 pages
Book Rating : 4.0/5 (2 download)

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Book Synopsis Power and Influence of Economists by : Jens Maesse

Download or read book Power and Influence of Economists written by Jens Maesse and published by Routledge. This book was released on 2021-05-23 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists occupy leading positions in many different sectors including central and private banks, multinational corporations, the state and the media, as well as serving as policy consultants on everything from health to the environment and security. Power and Influence of Economists explores the interconnected relationship between power, knowledge and influence which has led economics to be both a source and beneficiary of widespread power and influence. The contributors to this book explore the complex and diverse methods and channels that economists have used to exert and expand their influence from different disciplinary and national perspectives. Four different analytical views on the role of power and economics are taken: first, the role of economic expert discourses as power devices for the formation of influential expertise; second, the logics and modalities of governmentality that produce power/knowledge apparatuses between science and society; third, economists as involved in networks between academia, politics and the media; and forth, economics considered as a social field, including questions of legitimacy and unequal relations between economists based on the detention of various capitals. The volume includes case studies on a variety of national configurations of economics, such as the US, Germany, Italy, Switzerland, Greece, Mexico and Brazil, as well as international spaces and organisations such as the IMF. This book provides innovative research perspectives for students and scholars of heterodox economics, cultural political economy, sociology of professions, network studies, and the social studies of power, discourse and knowledge. “The Open Access version of this book, available at https://www.taylorfrancis.com/books/oa-edit/10.4324/9780367817084, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.”

The Rate and Direction of Inventive Activity

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Publisher : Princeton University Press
ISBN 13 : 1400879760
Total Pages : 647 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis The Rate and Direction of Inventive Activity by : National Bureau of Economic Research

Download or read book The Rate and Direction of Inventive Activity written by National Bureau of Economic Research and published by Princeton University Press. This book was released on 2015-12-08 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

The Age of Surveillance Capitalism

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Publisher : PublicAffairs
ISBN 13 : 1610395700
Total Pages : 683 pages
Book Rating : 4.6/5 (13 download)

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Book Synopsis The Age of Surveillance Capitalism by : Shoshana Zuboff

Download or read book The Age of Surveillance Capitalism written by Shoshana Zuboff and published by PublicAffairs. This book was released on 2019-01-15 with total page 683 pages. Available in PDF, EPUB and Kindle. Book excerpt: The challenges to humanity posed by the digital future, the first detailed examination of the unprecedented form of power called "surveillance capitalism," and the quest by powerful corporations to predict and control our behavior. In this masterwork of original thinking and research, Shoshana Zuboff provides startling insights into the phenomenon that she has named surveillance capitalism. The stakes could not be higher: a global architecture of behavior modification threatens human nature in the twenty-first century just as industrial capitalism disfigured the natural world in the twentieth. Zuboff vividly brings to life the consequences as surveillance capitalism advances from Silicon Valley into every economic sector. Vast wealth and power are accumulated in ominous new "behavioral futures markets," where predictions about our behavior are bought and sold, and the production of goods and services is subordinated to a new "means of behavioral modification." The threat has shifted from a totalitarian Big Brother state to a ubiquitous digital architecture: a "Big Other" operating in the interests of surveillance capital. Here is the crucible of an unprecedented form of power marked by extreme concentrations of knowledge and free from democratic oversight. Zuboff's comprehensive and moving analysis lays bare the threats to twenty-first century society: a controlled "hive" of total connection that seduces with promises of total certainty for maximum profit -- at the expense of democracy, freedom, and our human future. With little resistance from law or society, surveillance capitalism is on the verge of dominating the social order and shaping the digital future -- if we let it.

OECD Digital Education Outlook 2021 Pushing the Frontiers with Artificial Intelligence, Blockchain and Robots

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Publisher : OECD Publishing
ISBN 13 : 9264904646
Total Pages : 252 pages
Book Rating : 4.2/5 (649 download)

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Book Synopsis OECD Digital Education Outlook 2021 Pushing the Frontiers with Artificial Intelligence, Blockchain and Robots by : OECD

Download or read book OECD Digital Education Outlook 2021 Pushing the Frontiers with Artificial Intelligence, Blockchain and Robots written by OECD and published by OECD Publishing. This book was released on 2021-06-08 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: How might digital technology and notably smart technologies based on artificial intelligence (AI), learning analytics, robotics, and others transform education? This book explores such question. It focuses on how smart technologies currently change education in the classroom and the management of educational organisations and systems.

Invisible Geniuses: Could the Knowledge Frontier Advance Faster?

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Publisher : International Monetary Fund
ISBN 13 : 1484385861
Total Pages : 66 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Invisible Geniuses: Could the Knowledge Frontier Advance Faster? by : Ruchir Agarwal

Download or read book Invisible Geniuses: Could the Knowledge Frontier Advance Faster? written by Ruchir Agarwal and published by International Monetary Fund. This book was released on 2018-12-07 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The advancement of the knowledge frontier is crucial for technological innovation and human progress. Using novel data from the setting of mathematics, this paper establishes two results. First, we document that individuals who demonstrate exceptional talent in their teenage years have an irreplaceable ability to create new ideas over their lifetime, suggesting that talent is a central ingredient in the production of knowledge. Second, such talented individuals born in low- or middle-income countries are systematically less likely to become knowledge producers. Our findings suggest that policies to encourage exceptionally-talented youth to pursue scientific careers—especially those from lower income countries—could accelerate the advancement of the knowledge frontier.

Science, the Endless Frontier

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Author :
Publisher : Princeton University Press
ISBN 13 : 069120165X
Total Pages : 186 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Science, the Endless Frontier by : Vannevar Bush

Download or read book Science, the Endless Frontier written by Vannevar Bush and published by Princeton University Press. This book was released on 2021-02-02 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: The classic case for why government must support science—with a new essay by physicist and former congressman Rush Holt on what democracy needs from science today Science, the Endless Frontier is recognized as the landmark argument for the essential role of science in society and government’s responsibility to support scientific endeavors. First issued when Vannevar Bush was the director of the US Office of Scientific Research and Development during the Second World War, this classic remains vital in making the case that scientific progress is necessary to a nation’s health, security, and prosperity. Bush’s vision set the course for US science policy for more than half a century, building the world’s most productive scientific enterprise. Today, amid a changing funding landscape and challenges to science’s very credibility, Science, the Endless Frontier resonates as a powerful reminder that scientific progress and public well-being alike depend on the successful symbiosis between science and government. This timely new edition presents this iconic text alongside a new companion essay from scientist and former congressman Rush Holt, who offers a brief introduction and consideration of what society needs most from science now. Reflecting on the report’s legacy and relevance along with its limitations, Holt contends that the public’s ability to cope with today’s issues—such as public health, the changing climate and environment, and challenging technologies in modern society—requires a more capacious understanding of what science can contribute. Holt considers how scientists should think of their obligation to society and what the public should demand from science, and he calls for a renewed understanding of science’s value for democracy and society at large. A touchstone for concerned citizens, scientists, and policymakers, Science, the Endless Frontier endures as a passionate articulation of the power and potential of science.

Frontiers of Business, Management and Economics

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Author :
Publisher : Universal-Publishers
ISBN 13 : 161233265X
Total Pages : 412 pages
Book Rating : 4.6/5 (123 download)

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Book Synopsis Frontiers of Business, Management and Economics by : Mehran Nejati

Download or read book Frontiers of Business, Management and Economics written by Mehran Nejati and published by Universal-Publishers. This book was released on 2013-06-05 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited book is a compilation of research studies conducted in the areas of business, management and economics. These cutting-edge articles will be of interest to researchers, academics, and business managers.