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Elsevier

Libros en Economía y Finanzas

  • Collective Choice and Social Welfare

    • 1 Edición
    • Volumen 11
    • A.K. Sen
    • Inglés
    This book is concerned with the study of collective preference, in particular with the relationship between the objectives of social action and the preferences and aspirations of society's members. Professor Sen's approach is based on the assumption that the problem of collective choice cannot be satisfactorily discussed within the confines of economics. While collective choice forms a crucial aspect of economics, the subject pertains also to political science, the theory of the state, and to the theory of decision procedures. The author has therefore used material from these disciplines, plus philosophical aspects from ethics and the theory of justice.

  • Introduction to Equilibrium Analysis

    Variations on Themes by Edgeworth and Walras
    • 1 Edición
    • Volumen 6
    • W. Hildenbrand + 1 más
    • C. J. Bliss + 1 más
    • Inglés
    Advanced Textbooks in Economics, Volume 6: Introduction to Equilibrium Analysis: Variations on Themes by Edgeworth and Walras focuses on the approaches developed and instituted by Edgeworth and Walras in the study of equilibrium analysis. The book first underscores exchange economies, core of a game, and large economies. Discussions focus on economies with a continuum of agents, Walras equilibrium, prices and demand, balancedness, and commodity space. The manuscript then ponders on limit theorems for the core and existence of competitive equilibria. Topics include equilibria without convexity of preferences, existence of equilibria for economies with convex preferences, individual demand, emergence of prices, asymptotic equal treatment for most, uniform boundedness of core allocations, and limit theorems for type and replica economies. The publication examines continuous, upper, and lower hemi-continuous correspondences, fixed point theorems, and separation of convex sets. The book is a vital source of data for economists and researchers interested in equilibrium analysis.

  • Foundations of Econometrics

    • 1 Edición
    • Volumen 7
    • Albert Madansky
    • C. J. Bliss + 1 más
    • Inglés
    Advanced Textbooks in Economics, Volume 7: Foundations of Econometrics focuses on the principles, processes, methodologies, and approaches involved in the study of econometrics. The publication examines matrix theory and multivariate statistical analysis. Discussions focus on the maximum likelihood estimation of multivariate normal distribution parameters, point estimation theory, multivariate normal distribution, multivariate probability distributions, Euclidean spaces and linear transformations, orthogonal transformations and symmetric matrices, and determinants. The manuscript then ponders on linear expected value models and simultaneous equation estimation. Topics include random exogenous variables, maximum likelihood estimation of a single equation, identification of a single equation, linear stochastic difference equations, and errors-in-variables models. The book takes a look at a prolegomenon to econometric model building, tests of hypotheses in econometric models, multivariate statistical analysis, and simultaneous equation estimation. Concerns include maximum likelihood estimation of a single equation, tests of linear hypotheses, testing for independence, and causality in economic models. The publication is a valuable source of data for economists and researchers interested in the foundations of econometrics.

  • The Economics of Organization

    • 1 Edición
    • Volumen 21
    • James D. Hess
    • C.J. Bliss + 1 más
    • Inglés
    Advanced Textbooks in Economics, Volume 21: The Economics of Organization focuses on the processes, methodologies, and approaches involved in the study of various topics in economics, mathematical economics, and econometrics. The publication first ponders on the general resource allocation problem, particularly noting that a theory of resource allocation is formed by studying the deliberate and purposeful choices of individuals to provide a model for human behavior in the economic realm. The theory of exchange emphasizes that coordination and equilibrium must be formed to explain social linkages. The text then explains market allocation, and a number of propositions are discussed to show the dynamics of this field. The manuscript elaborates on transaction costs, markets and uncertainty, and behavior in the face of uncertainty. The publication also takes a look at the terms of authority, measuring of information, value of communication in teams, cost of communication, and budget planning. The formal organization of decision-making, hierarchical supervision and loss of control, alternative requirements of formal organization, and expedience and incentives are also underscored. The text is a valuable reference for researchers interested in the economics of organization.

  • Variational Methods in Economics

    • 1 Edición
    • Volumen 1
    • G. Hadley + 1 más
    • C. J. Bliss
    • Inglés
    Advanced Textbooks in Economics, Volume 1: Variational Methods in Economics focuses on the application of variational methods in economics, including autonomous system, dynamic programming, and phase spaces and diagrams. The manuscript first elaborates on growth models in economics and calculus of variations. Discussions focus on connection with dynamic programming, variable end points-free boundaries, transversality at infinity, sensitivity analysis-end point changes, Weierstrass and Legendre necessary conditions, and phase diagrams and phase spaces. The text then ponders on the constraints of classical theory, including unbounded intervals of integration, free boundary conditions, comparison functions, normality, and the problem of Bolza. The publication explains two-sector models of optimal economic growth, optimal control theory, and connections with the classical theory. Topics include capital good immobile between industries, constrained state variables, linear control problems, conversion of a control problem into a problem of Lagrange, and the conversion of a nonautonomous system into an autonomous system. The book is a valuable source of information for economists and researchers interested in the variational methods in economics.

  • Consumer Durable Choice and the Demand for Electricity

    • 1 Edición
    • Volumen 155
    • J.A. Dubin
    • Inglés
    This book develops the theory of durable choice and utilization. The basic assumption is that the demand for energy is a derived demand arising through the production of household services. Durable choice is associated with the choice of a particular technology for providing the household service. Econometric systems are derived which capture both the discrete choice nature of appliance selection and the determination of continuous conditional demand.Using the National Interim Energy Consumption Survey (NIECS) from 1978, a nested logit model of room air-conditioning, central air-conditioning, space-heating and water heating is estimated. The estimated probability choice model is used to forecast the impacts of proposed building standards for newly constructed single family detached residences. A network thermal model provides unit energy consumptions for alternative heating and cooling systems across time. Monthly billing data matched to NIECS is analyzed permitting seasonal estimation of the demand for electricity and natural gas by households.The theory of price specification for demand subject to a declining rate structure is reviewed and tested. Finally, consistent estimation procedures are used in the presence of possible correlation between dummy variables indicating appliance ownership and the equation error. The hypothesis of simultaneity in the demand system is tested.Conditional moments in the generalized extreme value family are derived to extend discrete continuous econometric systems in which discrete choice is assumed logistic. An efficiency comparison of various two-stage consistent estimation techniques applied to a single equation of a dummy endogenous simultaneous equation system is undertaken and asymptotic distributions are derived for each estimation method.

  • Microeconomics

    Institutions, Equilibrium and Optimality
    • 1 Edición
    • Volumen 30
    • M.C. Blad + 1 más
    • Inglés
    The first part of this book contains the material for a course in standard microeconomics and general equilibrium. These chapters contain the necessary background on commodities, consumers, producers, as well as the classical results about the existence of general (Walras) equilibria and the fundamentals of welfare theory. The second part of the book may be seen as a continuation dealing with more advanced topics.This textbook shows how the general equilibrium theory can be put into use to provide new insights into various fields of economic science. The reader does not need previous particular mathematical training; the formal approach is introduced in a piecemeal fashion, so that no difficult mathematics occurs in the beginning.

  • Public Enterprise Economics

    Theory and Application
    • 2 Edición
    • Volumen 23
    • Dieter Bös
    • C. J. Bliss + 1 más
    • Inglés
    Advanced Textbooks in Economics, Volume 23: Public Enterprise Economics: Theory and Application focuses on economics, mathematical economics, and econometrics, including microeconomics, marginal-cost pricing, taxes, and income effects. The manuscript takes a look at the essential parts of public sector pricing models, normative optimum theory, and normative piecemeal theory. Discussions focus on welfare improvements with non-tight constraints, welfare -improving increases of public inefficiency, conditions for optimal prices and quantities, compensating for income effects, and conditions for optimal quality. The book then ponders on marginal-cost pricing, Ramsey pricing, rate of return regulation, and pricing with distributional aims. Topics include comparing distributional and allocative pricing, prices versus taxes, optimum Ramsey policy, influence of Ramsey prices on allocation, distribution, and stabilization, and consequences for allocation, distribution, and stabilization. The publication examines bus and underground services in London, economic theory and empirical analysis, and different approaches towards optimal quality, including empirical studies on bus and underground demand, organizational and political history, and microeconomics of the representative consumer. The book is a valuable source of data for researchers interested in public enterprise economics.

  • Economics of Insurance

    • 1 Edición
    • Volumen 29
    • K.H. Borch + 2 más
    • Inglés
    The theory of insurance is presented in this book, discussed from the viewpoint of the theory of economics of uncertainty. The principle of premium calculation which the book uses is based on economic equilibrium theory and differs from many of the premium systems discussed by actuaries.Reinsuranc... is developed in the framework of general economic equilibrium theory under uncertainty. Here ordering of risks, preferences and utility theory play an important role. The book discusses the markets for insurance and divides them into three classes: (i) life insurance (ii) business insurance and (iii) household insurance, and these classes are each treated extensively in three separate chapters. Finally uninsurable risks are presented under "asymmetric information". Here moral hazard and adverse selection are treated and illustrations are given, some based on game theory.

  • Applied Consumption Analysis

    • 2 Edición
    • Volumen 5
    • L. Phlips
    • Inglés
    This volume links the abstract theory of demand with its econometric implementation. Exercises lead the reader from elementary utility maximization to the most sophisticated recent techniques, highlighting the main steps in the historical evolution of the subject. The first part presents a brief discussion of duality and flexible forms, and in particular of Deaton and Muellbauer's ``almost ideal demand system''. Part two includes the author's work on true wage indexes, and on intertemporal utility maximization.

  • Strategies of Banks and Other Financial Institutions

    Theories and Cases
    • 1 Edición
    • Rajesh Kumar
    • Inglés
    How and why do strategic perspectives of financial institutions differ by class and region? Strategies of Banks and Other Financial Institutions: Theories and Cases is an introduction to global financial institutions that presents both theoretical and actual aspects of markets and institutions. The book encompasses depository and non-depository Institutions; money markets, bond markets, and mortgage markets; stock markets, derivative markets, and foreign exchange markets; mutual funds, insurance, and pension funds; and private equity and hedge funds. It also addresses Islamic financing and consolidation in financial institutions and markets. Featuring up-to-date case studies in its second half, Strategies of Banks and Other Financial Institutions proposes a useful theoretical framework and strategic perspectives about risk, regulation, markets, and challenges driving the financial sectors.

  • The Changing Landscape of China’s Consumerism

    • 1 Edición
    • Alison Hulme
    • Inglés
    Consumerism in China has developed rapidly. The Changing Landscape of China's Consumerism looks at the growth of consumerism in China from both a socio-economic and a political/cultural angle. It examines changing trends in consumption in China as well as the impact of these trends on society, and the politics and culture surrounding them. It examines the ways in which, despite needing to "unlock" the spending power of the rural provinces, the Chinese authorities are also keen to maintain certain attitudes towards the Communist Party and socialism "with Chinese Characteristics." Overall, it aims to show that consumerism in China today is both an economic and political phenomenon and one which requires both surrounding political culture and economic trends for its continued establishment. The ways in which this dual relationship both supports and battles with itself are explored through apposite case studies including the use of New Confucianism in the market context, the commodification of Lei Feng, the new Chinese tourist as a diplomatic tool in consumption, the popularity of Shanzhai (fake product) culture, and the conspicuous consumption of China's new middle class.

  • Dialect and Language Variation

    • 1 Edición
    • Inglés
    This anthology emphasizes dialects of American English and language variation in America. The editors present original essays by today's leading investigators, including articles by some of Europe's best dialectologists, obtained expressly for this work.

  • The Third World Congress on Biosensors Abstracts

    1-3 June 1994, New Orleans, USA
    • 1 Edición
    • Abstracts
    • Inglés
    Biosensors 94: The Third World Congress on Biosensors Abstracts focuses on the progress in the field of biosensors, including immuno-absorbent 'catch' system, surface plasmon resonance, and chemiluminescence. The selection first offers information on the development of a commercial multichannel clinical sensor chip; commercial development and application of biosensors; amperometric biosensors based on dehydrogenase/NAD and heterocyclic quinones; and enzyme-epoxy membrane based semi-automated glucose analyzing system. The text then takes a look at the orientation of antibody fragments to increase TIRF immunosensor efficiency and the development of latex-technology for specific DNA detection with surface plasmon resonance. The book elaborates on gas-phase biosensor for the determination of ethanol vapor; novel electrochemical gas phase biosensors for the detection of phenolic vapors; and the development of an immuno-absorbent 'catch' system for the detection of pesticides and pesticide analogues. The book also ponders on the kinetics of binding of immobilized antibodies under nonequilibrium, flow conditions; flow injection thin-layer cell immunosensor with chemiluminescent detection of peroxidase label; and new optical fiber sensor for detecting chemiluminescence and its application to immunoassay. The selection is a valuable source of data for researchers interested in biosensors.

  • The Evaluation of Risk in Business Investment

    • 1 Edición
    • J.C. Hull
    • Inglés
    Provides finance specialists in industry and students of management with a comprehensive set of practical procedures for evaluating the total risk in the major capital investment decisions facing a business. It discusses in detail how companies can make effective use of sensitivity analyses, risk simulations and other techniques, and deals in depth with important issues, such as: How should the results of a sensitivity analysis be interpreted?; How can adequate subjective probability distributions be obtained? How can dependencies between variables be dealt with in a practical way?; The emphasis throughout is on 'how to do it' and the reader needs only a slight knowledge of statistics. A particularly important feature of the book is the FORTRAN subroutines in Appendices A and B which the author prepared for calculating risk evaluations

  • Production Economics: A Dual Approach to Theory and Applications

    Applications of the Theory of Production
    • 1 Edición
    • Volumen 2
    • Melvyn Fuss + 1 más
    • Inglés
    Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.

  • China's Road to Development

    • 2 Edición
    • N. Maxwell
    • Inglés
    China's Road to Development is a collection of papers by specialists on aspects of China's economy and society. It covers a wide range of subjects, from development strategy to the specifics of small-scale energy exploitation, from the role of women in China's development to the 'greening' of China through great efforts in afforestation. Commenting on the limited issue original edition (a special issue of the journal World Development) from which this volume has been greatly expanded, Dr. Knowles, President of the Rockefeller Foundation, wrote: "A magnificent collection ot essays by very astute and experienced observers, covering everything from population control, health, economic planning, trade, city planning and rural development to Chinese aid in building the Tanzania-Zambia railway. If I could only afford two books on modern China, I would get this one..."

  • Price Level Measurement

    • 1 Edición
    • Volumen 196
    • W.E. Diewert
    • Inglés
    Among the theoretical issues covered in this volume are the "economic" and the "axiomatic" or "test" approaches to the problem of constructing and choosing among alternative cost-of-living index formulas; "bounds" and "econometric" alternatives for developing empirically computable approximations of theoretically desirable indexes; recommendations concerning the incorporation of leisure time in measures of the cost-of-living; and the formulation of social and group cost-of-living indexes. The Jorgenson-Slesnick paper also presents a far-reaching empirical study of price changes in the U.S.The importance of this book to those with an interest in economic theory is obvious. However, this book also holds out the opportunity and challenge to applied researchers to gain a deeper understanding of the index numbers of which they make daily use.

  • Explaining the Growth of Government

    • 1 Edición
    • Volumen 171
    • J.A. Lybeck + 1 más
    • Inglés
    The aim of this book is to explain the post-war growth of the public sector in a number of developed economies. The purpose is to see whether scientists familiar with their respective countries' institutional, political and economic framework, but still working as a group, can advance some common factors behind the growth of government.

  • Comparisons of Prices and Real Products in Latin America

    • 1 Edición
    • Volumen 194
    • J. Salazar-Carrillo + 1 más
    • Inglés
    Contained in this book are studies related to the computation of purchasing power parities for comparing real income and product among Latin American countries. The principal components of income and product comparisons are discussed: from designing and executing benchmark studies, to extrapolating results for non-benchmark years. Different comparative methods and measurement techniques, including index number formulations, are considered. Comparisons of Latin countries with other countries are also undertaken.This volume aims to illuminate the thorny theoretical and methodological issues involved in regional comparisons, and to facilitate the practical application of the comparative approach to the many sided policy problems generated by a rapidly integrating international economy.

  • The Structure of Earnings and the Measurement of Income Inequality in the U.S

    • 1 Edición
    • Volumen 184
    • Daniel J. Slottje
    • Inglés
    The various issues involved in measuring income inequality in the U.S. are analyzed in this book. In describing the level of inequality inherent in a particular graduation it is important which income recipient and which data set is used and also the measure of income inequality used as the appropriate summary statistic.Recent trends in labor markets are examined and the book attempts to trace the impact of these trends on the distribution of income for various age, race and occupational cohorts, and across states. Some new methods for analyzing inequality in a multidimensional framework are also discussed. This book provides one of the most comprehensive treatments of income inequality available to date.

  • A History of Econometrics

    • 1 Edición
    • Volumen 165
    • R.J. Epstein
    • Inglés
    This comparative historical study of econometrics focuses on the development of econometric methods and their application to macroeconomics.The analysis covers the origins of modern econometrics in the USA and Europe during the 1920's and 30's, the rise of `structural estimation' in the 1940's and 50's as the dominant research paradigm, and the crisis of the large macroeconomic models in the 1970's and 80's.The completely original feature of this work is the use of previously unknown manuscript material from the archives of the Cowles Commission and other collections. The history so constructed shows that recent debates over methodology are incomplete without understanding the many deep criticisms that were first raised by the earliest researchers in the field.

  • Crime

    • 1 Edición
    • M. A. Walker
    • Inglés
    A work of reference to the sources of statistical material, both official and unofficial, on crime. It enables the user to discover what data are available, from where they may be obtained and what limitations there are to their use. A Quick Reference List of detailed information about statistical series is included and readers also have access to a computer held cumulative index for the entire series

  • National Trade Policies

    • 1 Edición
    • D. Salvatore
    • Inglés
    The aim of this volume is to examine and compare the trade policies followed by the most important trading nations of the world. Today there are few, if any, large scale studies of comparative trade such as this one. Moreover trade policies and controversies are expected to become even more important in the future.The volume offers an easily accessible overview of trade policies in each of the world's major trading countries. Thus, this handbook can be of great use to students of comparative economic systems in general and to economists, policymakers, and the general informed public, serving as a comprehensive source of reference and comparison. The references at the end of each chapter and the selected bibliography at the end of the volume identify the most important sources of additional information on the trade policies of the world's most important trading countries.

  • Law and Economics

    An Introductory Analysis
    • 2 Edición
    • Werner Z. Hirsch
    • Inglés
    This second edition takes into account the major developments in economics and jurisprudence that have occurred since the publication of the first edition. A new chapter has been added on anti-discrimination law and such topics as adverse possession, rent control, medical malpractice, product reliability, and defense against criminal prosecution have been reexamined in the light of new theoretical developments and case studies. Environmental law and a careful comparison of alternative methods to control the environment are included.

  • Game Theory and Applications

    • 1 Edición
    • Tatsuro Ichiishi + 2 más
    • Inglés
    Game Theory and Applications outlines game theory and proves its validity by examining it alongside the neoclassical paradigm. This book contends that the neoclassical theory is the exceptional case, and that game theory may indeed be the rule. The papers and abstracts collected here explore its recent development and suggest new research directions.

  • History of Economic Theory

    • 1 Edición
    • Volumen 26
    • T. Negishi
    • Inglés
    This volume aims to interest students of modern economic theory in the history of economics. For this purpose, past economic theories are considered from the point of view of current economic theories and translated, if possible and necessary, into mathematical models. It is emphasized that the currently dominating mainstream theory is not the only possible theory, and that there are many past theories which have important significance to the advancement of economic theory in the present situation, or will have it in the near future.After a brief discussion on the history of economics from the point of view of contemporary economic theory, a bird's-eye view of the historical development of economics is given so that readers can see the significance of topics to be discussed in subsequent chapters in a proper historical perspective. These topics are carefully chosen to show not only what great economists in the past contributed to the development of economics, but also what suggestions for solving our own current problems we can obtain by reworking problems they had to face. The book can be used in advanced undergraduate as well as graduate classes on the history of economics. Mathematical techniques used can easily be understood by advanced undergraduates of economics major, since some models constructed originally by contemporary mathematical economists are carefully reformulated without losing the essence, basic calculus and the rudiments of linear algebra being sufficient for understanding.

  • Advances in Archaeological Method and Theory

    • 1 Edición
    • Volumen 10
    • Inglés
    Advances in Archaeological Method and Theory, Volume 10 focuses on the progress of methodologies, approaches, techniques, and principles employed in archaeological method and theory. The selection first elaborates on the formation of ethnographic collections, colonization of islands by humans, and shellfish gathering and Shell midden archaeology. Discussions focus on archaeological excavation and interpretation of Shell middens, shellfish gathering in practice and theory, island geometrical properties relevant to colonization, archaeological applications of biogeographical principles, and principles of museum collecting. The text then takes a look at the formation processes of archaeobotanical record and archaeofaunas and butchery studies, including identification of taphonomic agents, a taphonomic approach to the analysis of butchering, approaches to understanding differential preservation, cultural transformations of the archaeobotanical record, and environmental transformation processes. The book examines bioarchaeological interpretations of subsistence economy and behavior from human skeletal remains, as well as activity patterns in the archaeological past, changing directions in bioarchaeology, and health and disease in the archaeological past. The selection is a valuable reference for archaeologists and researchers interested in archaeological method and theory.

  • Economic Modeling in the Nordic Countries

    • 1 Edición
    • Volumen 210
    • L. Bergman + 1 más
    • Inglés
    A selection of macroeconomic models used, or intended for, economic forecasting or policy analysis in the four Nordic countries (Denmark, Finland, Norway and Sweden), is presented in this volume. New features and model applications are discussed and the models used by the Ministries of Finance are evaluated, with special attention to the role of relative prices and their treatment of the supply side. In addition there is a systematic comparison of results from model simulations on the main macroeconomic models in the four Nordic countries. The papers fall naturally into two sections. In Part One the focus is on the short-to-medium term models; in Part Two the focus switches to a presentation of three models that may all be classified as applied general equilibrium (AGE) models.

  • Neural Network PC Tools

    A Practical Guide
    • 1 Edición
    • Russell C. Eberhart
    • Inglés
    This is the first practical guide that enables you to actually work with artificial neural networks on your personal computer. It provides basic information on neural networks, as well as the following special features:

  • Dynamic Policy Games in Economics

    • 1 Edición
    • Volumen 181
    • F. van der Ploeg + 1 más
    • Inglés
    The aim of this volume is to consider intertemporal and strategic issues in the formulation of economic policy so that dynamic game methodology is appropriate. When changes in economic policy are evaluated the reactions and expectations of other economic agents cannot be ignored, and in a dynamic setting issues like time inconsistency, subgame perfectness, reputation and information become important.The papers contained in this volume are the revised versions of those presented at a conference held in 1988 at Tilburg University, The Netherlands. They include methodological contributions and strategic analyses of macroeconomic policy, resource economics, international policy coordination and the arms race.

  • Finance

    Financial Data of Banks & Other Institutions; Life Assurance & Pension Funds
    • 1 Edición
    • K. Phylaktis + 1 más
    • Inglés
    This volume reviews the publicly available sources of statistical information on finance, covering the UK monetary sector, banks, finance houses, building societies and other financial institutions. It also deals with pensions, life insurance, government statistics and professional and trade associations.

  • Multinomial Probit

    The Theory and Its Application to Demand Forecasting
    • 1 Edición
    • Carlos Daganzo
    • Inglés
    Multinomial Probit: The Theory and Its Application to Demand Forecasting covers the theoretical and practical aspects of the multinomial probit (MNP) model and its relation to other discrete choice models. This text is divided into five chapters and begins with an overview of the disaggregate demand modeling in the transportation field. The subsequent chapters examine the computational aspects of the maximum-likelihood estimation and the statistical aspects of MNP model calibration. These chapters specifically describe the properties of the log-likelihood function and the statistical properties of MNP estimators. These topics are followed by a discussion of the mechanical aspects of the MNP model. The closing chapter examines the errors in the estimation of the true parameter value due to lack of data and how these errors propagate to the final prediction. This book will prove useful to econometricians, engineers, and applied mathematicians.

  • Multilevel Analysis of Educational Data

    • 1 Edición
    • R. Darrell Bock
    • Inglés
    Multilevel Analysis of Educational Data focuses on the principles and procedures used in the evaluation of educational progress. The selection first offers information on some applications of multilevel models to educational data, empirical Bayes methods, and a hierarchical item-response model for educational testing. Discussions focus on the interface between levels, group-level model for content elements, an application of empirical Bayes, validity generalization, improving law school validity studies, and summarizing evidence in randomized experiments on coaching. The text then takes a look at difficulties with Bayesian inference for random effects and multilevel aspects of varying parameters in structural models. The book elaborates on models for multilevel response variables with an application to growth curves and the issues and problems emerging from the application of multilevel models in British studies of school effectiveness, including enduring questions, two-level models, estimation and prediction, and econometric random coefficient modeling. The selection is a dependable reference for educators and researchers interested in the evaluation of educational progress.

  • Adaptive Responses of Native Amazonians

    • 1 Edición
    • Raymond B. Hames
    • Inglés
    Adaptive Responses of Native Amazonians investigates the adaptive responses of the aborigines of Amazonia from the ecological perspective within anthropology. The discussions are organized around the major modes of Amazonian subsistence (cultivation, hunting and fishing), nutrition, and settlement pattern. Comprised of 15 chapters, this volume begins with an overview of Amazonian ecosystems, citing environmental models of Amazonian adaptive behavior and sociocultural evolution as well as the problematic definition or measure of the concept of adaptation. The reader is then introduced to shifting cultivation among the Machiguenga, Native American inhabitants of the tropical rainforest of the Upper Amazon, and the Kuikuru, one of three Carib-speaking villages located at the headwaters of the Xingú River. Subsequent chapters focus on the adaptive strategies of the Wakuénai people to the oligotrophic rainforest of the Rio Negro Basin; neotropical hunting among the Aché of Eastern Paraguay; trekking by the Mekranoti-Kayapó Indians of Central Brazil in lowland South America; and fishing patterns among the Cocamilla Indians of Achual Tipishca in the Huallaga River Basin in northeastern Peru. The book also considers nutrition and settlement patterns among native Amazonians. This monograph will be a useful resource for anthropologists, scholars, specialists, and others who are interested in the general fields of human ecology, South American ethnology, and tropical studies.

  • Philosophy and Archaeology

    • 1 Edición
    • Merrilee H. Salmon
    • Inglés
    Studies in Archaeology: Philosophy and Archaeology presents the circumstances under which archeological hypotheses can be considered confirmed or disconfirmed. This book discusses the role of analogy in archeological reasoning, particularly in ascribing functions to archeological items. Organized into seven chapters, this book begins with an overview of the relationship between archeology and philosophy. This text then examines the importance of laws for archeology and discusses some essential features of law statements. Other chapters consider the strong claims for the hypothetico–deductiv... method of confirmation in various works by archeologists. This book discusses as well the different uses of analogical reasoning in archeology and provides a discussion of the structure of analogical arguments, criteria for evaluating them, and their relations to the Bayesian arguments for confirmation. The final chapter deals with several issues related to the development of a theory of archeology. This book is a valuable resource for archeologists and philosophers.

  • The Police

    Autonomy and Consent
    • 1 Edición
    • Michael Brogden
    • Inglés
    The Police: Autonomy and Consent is composed of two parts dealing mainly on the theme of police autonomy (Chapters 2-6) and the reciprocal theme of consent (Chapters 7-9). In particular, Chapter 2 is devoted to an historical account of the development of early police autonomy. Chapters 3 and 4 consider the political relation of the successor force within the local state in the mid-1970s, and the historical changes in the relationship between the police institution and the central state, respectively. Subsequent two chapters locate the core problem in considering police independence within the legal domain, and the role and political orientations of the three intrapolice organizations in reinforcing the development of autonomy. Chapter 7 demonstrates that different forms of relationship have historically characterized the relations between police institutions and the different social classes. The last two chapters present evidence on consent, and draws the themes of autonomy and consent together by focusing on the role of the chief police officer, positioned at the nexus between structural demands and organizational restraints, in continually negotiating definitions and practices of police work.

  • Problems of the Mixed Economy

    Cooperation, Efficiency, and Stability
    • 1 Edición
    • Volumen 189
    • H. Carlsson + 1 más
    • Inglés
    The problems of the modern mixed economy are presented in this book, including general theoretical analyses and applications to specific areas. The subject is treated both mathematically and in a non-technical way.This volume consists of four parts. The papers in Part I are mainly related to the micro-foundations of the mixed economy. The papers in Part II address a number of issues concerning the fundamental properties of the mixed economy. The papers in Part III and IV respectively deal with taxation and public policy evaluation and the role of institutional design. The various articles provide new and stimulating insights in the areas of collective action, economic organization and public sector activities. A few articles contain applications to the Swedish economy.

  • Maya Subsistence

    Studies in Memory of Dennis E. Puleston
    • 1 Edición
    • Kent V. Flannery
    • Inglés
    Maya Subsistence: Studies in Memory of Dennis E. Puleston presents studies on the history and development of Maya subsistence in honor of Maya archaeologist Dennis E. Puleston (1940-1978). The discussions are organized around four themes: ecological models for early Maya adaptations; archaeological investigations of Pre-classic and classic Maya subsistence; contributions of geography and soil science to an understanding of ancient Maya subsistence; and Maya subsistence in the post-classic, colonial, and modern eras. Comprised of 15 chapters, this book begins with an analysis of Puleston's career and a review of the history of inquiry into Maya subsistence. Maya subsistence from the earliest Pre-classic period up to the present day is then examined, with emphasis on agriculture, hunting, wild plant collecting, animal husbandry, and trade. In particular, cultural development in the Valley of Guatemala from 1500 B.C. to the Spanish Conquest is discussed, along with the resources of the tropical lowlands and actual prehistoric cornfields miraculously preserved by volcanic ashfall in El Salvador. The book also presents evidence for Maya soil and water conservation over the entire area from Yucatan to Chiapas and central Guatemala, and looks at the traditional role of women and animals in lowland Maya economy. This monograph will be of interest to archaeologists and anthropologists.

  • Applied Iterative Methods

    • 1 Edición
    • Louis A. Hageman
    • Inglés
    Applied Iterative Methods discusses the practical utilization of iterative methods for solving large, sparse systems of linear algebraic equations. The book explains different general methods to present computational procedures to automatically determine favorable estimates of any iteration parameters, as well as when to stop the iterative process. The text also describes the utilization of iterative methods to solve multidimensional boundary-value problems (such as discretization stencil, mesh structure, or matrix partitioning) which affect the cost-effectiveness of iterative solution procedures. The book cites case studies involving iterative methods applications, including those concerning only three particular boundary-value problems. The text explains polynomial acceleration procedures (for example, Chebyshev acceleration and conjugate gradient acceleration) which can be applied to certain basic iterative methods or to the successive overtaxation (SOR) method. The book presents other case studies using the iterative methods to solve monoenergetic transport and nonlinear network flow multidimensional boundary-value problems. The text also describes the procedures for accelerating basic iterative methods which are not symmetrizable. The book will prove beneficial for mathematicians, students, and professor of calculus, statistics, and advanced mathematics.

  • Game Theory for Economic Analysis

    • 1 Edición
    • Tatsuro Ichiishi
    • Inglés
    Game Theory for Economic Analysis provides information pertinent to the more general game-theoretical concept. This book discusses fundamental aspects of a social coalitional equilibrium. Organized into six chapters, this book begins with an overview of the mathematical tools and theorems that play critical roles in n-person game theory. This text then provides a systematic account for the first strand of n-person game theory and presents the mathematical foundation for economic analysis. Other chapters consider the concept of Nash equilibrium of a game in normal form, wherein a solution of a game is based on the postulate that each player behaves individualistically and passively. This book discusses as well the central concept of the core of a game in characteristic function form, with or without side-payments. The final chapter deals with the Shapley value of a side-payment game. This book is a valuable resource for economists, economic theorists, and research workers.

  • Price Expectations in Rising Inflation

    • 1 Edición
    • Volumen 152
    • I. Visco
    • Inglés
    It is claimed in this book that expectations should not necessarily be treated as unobservable variables and that there is much to be learned from survey data. A unique data set is examined, the output of surveys conducted twice a year since 1952, among informed Italian businessmen and economic experts. The predictive accuracy, rationality and determinants of inflation expectations are investigated, following an extensive analysis of measurement issues.The estimate of inflation expectations are evaluated for both wholesale and consumer price changes, comparing them with those held by respondents to other surveys for different countries and with the forecasts generated by alternative predictors of the inflation process. The expectations considered in the study are shown to be remarkably accurate, anticipating all major price changes, even if during the years of high and rising inflation which have followed the first oil crisis they appear to underestimate on a number of occasions the inflation rates actually experienced, as the alternative predictors also do.An accurate testing of the rational expectations hypothesis is conducted, rejecting it over the entire sample period but not for the period of mild, but variable inflation which preceded the first oil crises.It is shown that a mixed adaptive-regressive model, with both error-learning and return-to-normality components adapts very well to the data considered in this study and that inflation expectations are also influenced by an uncertainty component which affects the adaptive coefficient. Furthermore, regression towards normality is slowed down when industrial capacity is utilized above normal, and vice-versa. Many other issues such as the dispersion of individual answers, the problems of aggregation and measurement error are also considered and an extensive bibliography of other works where use is made of direct information on expectations, is included.

  • HERMES: Harmonised Econometric Research for Modelling Economic Systems

    • 1 Edición
    • Commission of the European Commission of the European Com
    • Inglés
    The "HERMES" European system of models is featured in this book. This system was set up at the initiative of the Commission of the European Communities (Directorate-General for Science, Research and Development). It involves a series of medium term, macrosectoral econometric models in which energy plays a special role as a production factor. The different models are interlinked by a bilateral flow module, which describes for each product the trade between all the Community countries taken in twos. The United States, Japan and five zones are represented in this by simplified versions of the Commission's COMET model.This volume will help the reader to understand and interpret the numerous studies which have been undertaken with the help of the HERMES system. Economists and researchers will find valuable information and figures, with a common nomenclature, on the economies of the different countries, both on structural data and on economic operators.

  • Plans and Disequilibria in Centrally Planned Economies

    Empirical Investigations for Poland
    • 1 Edición
    • Volumen 159
    • W. Charemza + 1 más
    • Inglés
    The purpose of this study is to investigate interrelations between planning mechanisms and disequilibria in a case where the planning decisions are centralized and are exogenously given to enterprises. The first introductory chapter is intended to provide an understanding of Poland's economic situation during the period under research. In the next five chapters the basic model, describing the households-planners relations in terms of consumption, labour, money and plans are derived, estimated, used for calculation of excess demands, for simulation of some monetary policies, and, finally, for providing optimal control experiments in which consumption excess demand is minimized on a reasonable level of the consumption volume. In the next two chapters the basic model is gradually extended, and the last chapter summarizes the results by formulating a more effective macroeconomic policy.

  • International Economic Policies and Their Theoretical Foundations

    A Sourcebook
    • 2 Edición
    • John M. Letiche
    • Inglés
    The literature on international economics has become excessively specialized. In selecting distinguished readings for this source book--including contributions by Nobel laureates such as Lawrence R. Klein, Arthur Lewis, James Meade, and Theodore W. Schultz--Professor Letiche breaks the mold. The essays concentrate on interrelation between theory and actual policy design, and this collection of classic pieces and recent economic contributions are a valued resource in universities and government offices.

  • The Politics of Informal Justice

    Volume 2: Comparative Studies
    • 1 Edición
    • Richard L. Abel
    • Inglés
    The Politics of Informal Justice, Volume 2 demonstrates the existence of examples of informal justice in every society, practicing a wide range of political ideology. The book situates contemporary experiments with informal justice in a broad comparative and historical perspective. It identifies the characteristics and common elements of informal justice in four settings: in precapitalist societies and contemporary Third World nations; under liberal capitalism, social democracy, and fascism; and in socialist revolutions and established socialist regimes. The text will be of interest to political scientists, sociologists, historians, and those concerned in the study of legal systems.

  • Economic Theory and the Cities

    • 2 Edición
    • J. Vernon Henderson
    • Inglés
    The Second Edition of Economic Theory and the Cities has been revised and expanded with both the graduate student and the practicing professional in mind. Providing a state-of-the-art synthesis of important theoretical topics in urban economics, the volume emphasizes the fundamental links between urban economics and new developments in mainstream economic theory.@from:From the Preface: In this book I present what I believe to be the most important theoretical topics in urban economics. Since urban economics is a rather diffuse field, any presentation is necessarily selective, reflecting personal tastes and opinions. Given that, I note on what basis I chose the material that is presented and developed.First, the basic spatial model of a monocentric city is presented, since it lays the foundation for thinking about many of the topics in urban economics. The consideration of space and spatial proximity is one central feature of urban economics that distinguishes it from other branches of economics. The positive and negative externalities generated by activities locating in close spatial proximity are central to analysis of urban phenomena. However, in writing this book I have tried to maintain strong links between urban economics and recent developments in mainstream economic theory. This is reflected in the chapters that follow, which present models of aspects of the most important topics in urban economics--externali... housing, transportation, local public finance, suburbanization, and community development. In these chapters, concepts from developments in economics over the last decade or so are woven into the traditional approaches to modeling these topics. Examples are the role of contracts in housing markets and community development; portfolio analysis in analyzing housing tenure choice and investment decisions; the time-inconsistency problem in formulating long-term economic relationships between communities, developers, and local governments; search in housing markets; and dynamic analysis in housing markets and traffic scheduling. The book ends with chapters on general equilibrium models of systems of cities, demonstrating how individual cities fit into an economy and interact with each other.This book is written both as a reference book for people in the profession and for use as a graduate text. In this edition, a strong effort has been made to present the material at a level and in a style suitable for graduate students. The edition has greatly expanded the sections on housing and local public finance so these sections could be studied profitably by a broad range of graduate students. Recommended prerequisites are an undergraduate urban economics course and a year of graduate-level microeconomic theory. It is possible that the book can be used in very advanced undergraduate courses if the students are well versed in microeconomics and are quantitatively oriented.

  • Computational Vision

    • 1 Edición
    • Harry Wechsler
    • Inglés
    The book is suitable for advanced courses in computer vision and image processing. In addition to providing an overall view of computational vision, it contains extensive material on topics that are not usually covered in computer vision texts (including parallel distributed processing and neural networks) and considers many real applications.

  • Phytolyth Analysis

    An Archaeological and Geological Perspective
    • 1 Edición
    • Dolores R. Piperno
    • Inglés
    This is a methodological guide to the use of plant opal phytolith analysis in paleoenvironmental and paleoecological reconstruction. It is the first book-length treatment of this promising technique, which has undergone rapid development within the past few years and is now beginning to be used with considerable success by paleobotanists who serve the archaeological and paleontological research communities. It will be mandatory reading for all paleobotanists, paleoecologists, and archaeological scientists.

  • National Economic Policies

    • 1 Edición
    • D. Salvatore
    • Inglés
    This book presents an overview of national economic policies in the world's most important countries or groupings of countries. The purpose of the volume is to examine and compare the policies followed by different types of countries and study their effects. Although numerous studies have been published on how individual countries conduct economic policies, few if any comparative studies, such as the present one, have been issued.This volume will be of great use to students of comparative economic systems in general and to economists, policymakers, and the general informed public as a source of reference and comparison.

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