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Uncertainty And The Theory Of International Trade
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Book Synopsis Uncertainty and the Theory of International Trade by : E. Grinols
Download or read book Uncertainty and the Theory of International Trade written by E. Grinols and published by Taylor & Francis. This book was released on 2013-07-04 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the impact of uncertainty on traditional theories of international trade.
Book Synopsis A Theory of International Trade Under Uncertainty by : Elhanan Helpman
Download or read book A Theory of International Trade Under Uncertainty written by Elhanan Helpman and published by Academic Press. This book was released on 2014-05-10 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Theory of International Trade Under Uncertainty analyzes international trade in goods and securities in the presence of uncertainty using an integrated general equilibrium framework that recognizes the dependence of markets for goods on financial markets and vice versa. The usefulness of this approach is demonstrated by means of applications to questions such as the effects of international trade on resource allocation, tariff policy, and intervention in financial capital markets. Results which are important for theoretical as well as policy oriented applications are presented. Comprised of 11 chapters, this volume begins with an introduction to some of the fundamental elements of the deterministic Ricardian and Heckscher-Ohlin theories of international trade. Relevant elements from the theory of decision making under uncertainty are then discussed, along with the behavior of firms and consumers-investors in an economy with stock markets. Subsequent chapters focus on problems of commercial policy; gains from trade in goods and securities; and issues of intervention in financial capital markets. The book concludes by describing a dynamic model of international trade that contains an infinite horizon and takes into account the trade-off between present period consumption and savings. An example that illustrates an equilibrium structure of the dynamic model is presented. This monograph is intended for economists who are interested in international trade or international finance, including graduate students who specialize in these fields.
Book Synopsis Uncertainty and the Theory of International Trade by : Earl L. Grinols
Download or read book Uncertainty and the Theory of International Trade written by Earl L. Grinols and published by Taylor & Francis. This book was released on 2001 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the impact of uncertainty on traditional theories of international trade.
Book Synopsis The Pure Theory of International Trade under Uncertainty by : Raveendra N. Batra
Download or read book The Pure Theory of International Trade under Uncertainty written by Raveendra N. Batra and published by Springer. This book was released on 1975-06-18 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Three Topics in the Theory of International Trade by : Murray Chilvers Kemp
Download or read book Three Topics in the Theory of International Trade written by Murray Chilvers Kemp and published by . This book was released on 1976 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Murray C. Kemp Publisher :Amsterdam : North-Holland Publishing Company ; New York : American Elsevier Publishing Company ISBN 13 : Total Pages :348 pages Book Rating :4.:/5 (3 download)
Book Synopsis Three Topics in the Theory of International Trade--distribution, Welfare, and Uncertainty by : Murray C. Kemp
Download or read book Three Topics in the Theory of International Trade--distribution, Welfare, and Uncertainty written by Murray C. Kemp and published by Amsterdam : North-Holland Publishing Company ; New York : American Elsevier Publishing Company. This book was released on 1976 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Theory of International Trade Under Terms of Trade Uncertainty by : Sandwip Kumar Das
Download or read book The Theory of International Trade Under Terms of Trade Uncertainty written by Sandwip Kumar Das and published by . This book was released on 1977 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Risk, Uncertainty and Profit by : Frank H. Knight
Download or read book Risk, Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Book Synopsis Intra-industry Trade by : Peter John Lloyd
Download or read book Intra-industry Trade written by Peter John Lloyd and published by Edward Elgar Publishing. This book was released on 2003 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: This authoritative new collection presents a selection of previously published seminal articles that have led to the development of intra-industry trade theory and empirical research. Parts I and II cover the pioneering research in the 1960s and a number of models of intra-industry trade that were developed from 1979 to the present day. Parts III and IV look at the empirical research problems in the choice of measure of intra-industry trade and empirical studies that seek to identify the nature of this trade. Part V deals with the role of the multinational corporation and part VI completes the collection with articles that look at extensions to asset markets and applications to other problems such as the geography of trade and rules of origin. Intra-Industry Trade will be an invaluable source of reference to all international trade economists and libraries specialising in this area.
Book Synopsis Theory of International Trade by : Avinash K. Dixit
Download or read book Theory of International Trade written by Avinash K. Dixit and published by Cambridge University Press. This book was released on 1980-09-30 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book emphasizes that a trading equilibrium is general rather than partial, and is often best modeled using dual or envelope functions.
Book Synopsis Technological and Price Uncertainty in a Ricardian Model of International Trade by : Stephen J. Turnovsky
Download or read book Technological and Price Uncertainty in a Ricardian Model of International Trade written by Stephen J. Turnovsky and published by . This book was released on 1972 with total page 60 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 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. This major reference work presents in an accessible form his principal theoretical surveys. It explores the evolution of thought from classical to new-classical and on to modern theory. The work remains pertinent and lively and this volume will prove invaluable to anyone interested in international trade.
Book Synopsis The Pure Theory of International Trade by : Miltiades Chacholiades
Download or read book The Pure Theory of International Trade written by Miltiades Chacholiades and published by Transaction Publishers. This book was released on with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has long been a need for a systematic introduction to the modern pure theory of international trade that would take the student through a careful introduction to the tools of analysis and the main logical propositions into the application of the theory to practical problems of international economic policy. Trade theory should be part and parcel of price theory, distinguished only by the fact that other countries form part of the natural opportunities--and natural constraints--that a country confronts in its efforts to bend nature to its desire to produce utility-yielding goods and services; but its exposition is often confused by the attachment of its expositors to obsolete problems and backward analytical techniques. This book covers in detail classical, neoclassical, and modern theories of international trade, with special attention to problems of equilibrium, growth, and welfare, and discusses the work of all major contributors in this field from Ricardo and Mill through Meade, Heckscher, and Ohlin, to the growth models of Johnson, Solow, and Uzawa. All problems are clearly stated and the easiest and most convenient solutions are sought in each case, with the more technical topics in the field discussed in several chapters and appendixes that may be omitted for less advanced students without interrupting the continuity of the book. The book's coverage is complete and entirely up-to-date. It is written primarily for advanced undergraduate and graduate courses in international trade, but it will also serve as an important reference tool for professional economists working in this field and will be of considerable interest to students and practitioners dealing with problems of economic development and international business relationships more generally. Miltiades Chacholiades studied at the Athens School of Economics and Business Science in Athens, Greece, and received his doctorate from the Massachusetts Institute of Technology. He has taught at New York University and the University of California in Los Angeles, and is presently Professor of Economics at Georgia State University. His articles have been published in a number of international professional economic journals.
Book Synopsis Theory, Policy and Dynamics in International Trade by : Wilfred J. Ethier
Download or read book Theory, Policy and Dynamics in International Trade written by Wilfred J. Ethier and published by Cambridge University Press. This book was released on 1993 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a representative collection of papers on international trade, one of the most dynamic sub-fields in economics. The contributions range over all the major areas of research, including articles on the geographical aspects of international trade by Paul Krugman and Alan Deardorff, on dynamic stochastic economies by Avinash Dixit, and on endogenous growth by Gene Grossman and Elhanan Helpman. In addition to the theoretical contributions, the book also contains work on important policy issues such as auction quotas, discussed by Kala Krishna, and the role of government in economic development, by Anne Krueger. Also included is an assessment by Bill Ethier of the theoretical achievements of a leading authority in international trade theory, Ronald Jones, in whose honour the essays were written.
Book Synopsis Protean Power by : Peter J. Katzenstein
Download or read book Protean Power written by Peter J. Katzenstein and published by Cambridge University Press. This book was released on 2018-01-18 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inquires into the role of the unexpected in world politics by examining the protean power effects of agile innovation and improvisation.
Book Synopsis Investment under Uncertainty by : Robert K. Dixit
Download or read book Investment under Uncertainty written by Robert K. Dixit and published by Princeton University Press. This book was released on 2012-07-14 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: How should firms decide whether and when to invest in new capital equipment, additions to their workforce, or the development of new products? Why have traditional economic models of investment failed to explain the behavior of investment spending in the United States and other countries? In this book, Avinash Dixit and Robert Pindyck provide the first detailed exposition of a new theoretical approach to the capital investment decisions of firms, stressing the irreversibility of most investment decisions, and the ongoing uncertainty of the economic environment in which these decisions are made. In so doing, they answer important questions about investment decisions and the behavior of investment spending. This new approach to investment recognizes the option value of waiting for better (but never complete) information. It exploits an analogy with the theory of options in financial markets, which permits a much richer dynamic framework than was possible with the traditional theory of investment. The authors present the new theory in a clear and systematic way, and consolidate, synthesize, and extend the various strands of research that have come out of the theory. Their book shows the importance of the theory for understanding investment behavior of firms; develops the implications of this theory for industry dynamics and for government policy concerning investment; and shows how the theory can be applied to specific industries and to a wide variety of business problems.
Download or read book Pandora's Risk written by Kent Osband and published by Columbia University Press. This book was released on 2011 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author of the acclaimed work Iceberg Risk: An Adventure in Portfolio Theory, Kent Osband argues that uncertainty is central rather than marginal to finance. Markets don't trade mainly on changes in risk. They trade on changes in beliefs about risk, and in the process, markets unite, stretch, and occasionally defy beliefs. Recognizing this truth would make a world of difference in investing. Belittling uncertainty has created a rift between financial theory and practice and within finance theory itself, misguiding regulation and stoking huge financial imbalances. Sparking a revolution in the mindset of the investment professional, Osband recasts the market as a learning machine rather than a knowledge machine. The market continually errs, corrects itself, and makes new errors. Respecting that process, without idolizing it, will promote wiser investment, trading, and regulation. With uncertainty embedded at its core, Osband's rational approach points to a finance theory worthy of twenty-first-century investing.
