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Chevalier-Roignant, Benoit; Trigeorgis, Lenos - The MIT Press

; or they can take a "wait and see" approach to avoid adverse market consequences tomorrow. In Competitive Strategy, Benoit … significant gap in the existing literature. Competitive Strategy provides a rigorous yet pragmatic and intuitive approach to … strategy formulation. It synthesizes research in the areas of strategy, economics, and finance in a way that is accessible to …

Persistent link: https://www.econbiz.de/10010535207

Retirement Income: Risks and Strategies

Warshawsky, Mark J. - The MIT Press

is a strategy that includes a set percentage withdrawal from a balanced portfolio, which is gradually used to purchase a …

Persistent link: https://www.econbiz.de/10010535229

The Economics of Microfinance

Armendariz, Beatriz; Morduch, Jonathan - The MIT Press

The microfinance revolution, begun with independent initiatives in Latin America and South Asia starting in the 1970s, has so far allowed 65 million poor people around the world to receive small loans without collateral, build up assets, and buy insurance. This comprehensive survey of...

Persistent link: https://www.econbiz.de/10005756513

The Theory of Money and Financial Institutions: Volume 2

Shubik, Martin - The MIT Press

This is the second volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"—a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of...

Persistent link: https://www.econbiz.de/10005233383

The Theory of Money and Financial Institutions: Volume 1

Shubik, Martin - The MIT Press

Persistent link: https://www.econbiz.de/10005237360

Heredity, Family, and Inequality: A Critique of Social Sciences

Beenstock, Michael - The MIT Press

Empirical literature in disciplines ranging from behavioral genetics to economics shows that in virtually every aspect of life the outcomes of children are correlated to a greater or lesser extent with the outcomes of their parents and their siblings. In Heredity, Family, and Inequality, the...

Persistent link: https://www.econbiz.de/10010535222

Optimal Control Theory with Applications in Economics

Weber, Thomas A. - The MIT Press

This book bridges optimal control theory and economics, discussing ordinary differential equations, optimal control, game theory, and mechanism design in one volume. Technically rigorous and largely self-contained, it provides an introduction to the use of optimal control theory for...

Persistent link: https://www.econbiz.de/10010535230

Special Interest Politics

Grossman, Gene M.; Helpman, Elhanan - The MIT Press

This landmark theoretical book is about the mechanisms by which special interest groups affect policy in modern democracies. Defining a special interest group as any organization that takes action on behalf of an identifiable group of voters, Gene Grossman and Elhanan Helpman ask: How do special...

Persistent link: https://www.econbiz.de/10005755456

A General Theory of Equilibrium Selection in Games

Harsanyi, John C.; Selten, Reinhard - The MIT Press

The authors, two of the most prominent game theorists of this generation, have devoted a number of years to the development of the theory presented here, and to its economic applications. They propose rational criteria for selecting one particular uniformly perfect equilibrium point as the...

Persistent link: https://www.econbiz.de/10005756478

A Course in Game Theory

Osborne, Martin J.; Rubinstein, Ariel - The MIT Press

A Course in Game Theory presents the main ideas of game theory at a level suitable for graduate students and advanced undergraduates, emphasizing the theory's foundations and interpretations of its basic concepts. The authors provide precise definitions and full proofs of results, sacrificing...

Persistent link: https://www.econbiz.de/10005756481