1. Introduction -- 2. Risk and Risk Perception: Why we are not Rational in the Face of Risk -- 3. Expected Utility, Prospect Theory, and the Allais Paradox: Why Reference Points are Important -- 4. Confirmation Bias and Anchoring Effect: Why the First Piece of Information is Key in Negotiations...

This new book examines the relationship between agency theory and executive pay. It argues that while Jensen and Meckling (1976) were right in their analysis of the agency problem in public corporations they were wrong about the proposed solutions. Drawing on ideas from economics, psychology,...

Part I: The changing size of second-round effects -- 1. Introduction. 2. Policy implications of ERPT and ongoing debates -- 3. Second round effects, exchange rate depreciation, inflation and average wage settlements -- 4. Second round effects, remuneration per worker, exchange rate depreciation...

Chapter 1. Introduction -- Chapter 2. Are Current Policies on Track to Eliminate Poverty? -- Chapter 3. How Mainstream Economics Works -- Chapter 4. Basic Principles to Understand Macroeconomics -- Chapter 5. Markets Alone Make No Development -- Chapter 6. Developing Countries in Global...

Introduction -- 1 What is money? -- A History of Money and Banking -- 2 Money from the very beginning -- 3 Banks enter the scene -- 4 The dawn of modern banking -- 5 The creation of a paper currency -- 6 Modern banking comes of age -- 7 The role of banks in a modern economy -- II An Analysis of...

Chapter 1. Development: Individual, Organizational and Social -- Chapter 2. Public Value: Intrinsic vs. Extrinsic, Private vs. Public -- Chapter 3. Individual Development: Richer, Healthier, or Happier -- Chapter 4. Organization Development: Love, Profit, and Responsibility -- Chapter 5. Social...

The gambling industry’s corporate structure in a partially liberalised market -- State-owned gambling operation in global competitive environment -- The establishment and strategies of gambling providers in French-speaking Africa: the case of Pari Mutuel Urbain (PMU) -- Where does the gambling...

Part 1. Background to the Climate Problem -- 1. Introduction -- 2. The Climate Challenge and its Consequences -- 3. Climate Protection Problems and Options for Action -- 4. Global Warming Perspectives -- 5. Perspectives on the Climate Debate and International Economic Aspects -- 6. The Wrong...