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Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic assumptions. Agents are endowed with a very strong rationality, equilibrium...
Persistent link: https://www.econbiz.de/10013520501
This book documents the use of methods that put a value on cultural goods, including theater, cultural events, museums, archeological sites, and libraries. The author sets forth the advantages and disadvantages of each method using case studies to illustrate how they work. Moreover, the...
Persistent link: https://www.econbiz.de/10013520767
Statistics, USA Judith E. Brown, University of New South Wales, Australia Parama Chaudhury, University College London, UK Lyn … Craig, University of New South Wales, Australia Karen S. Hamrick, Department of Agriculture, USA Sabrina Wulff Pabilonia …, Bureau of Labor Statistics, USA Jay Stewart, Bureau of Labor Statistics, USA Agne Suziedelyte, Monash University, Australia …
Persistent link: https://www.econbiz.de/10012397564
The world has changed dramatically in recent years and so has the field of economics, but many introductory economics textbooks have remained stuck in the past. This book provides a new beginning for the study of microeconomics, emphasizing current debates and research trends. It is...
Persistent link: https://www.econbiz.de/10013523124
Chapter 1: Introduction -- Chapter 2: The football broadcast market in the USA -- Chapter 3: State of research …
Persistent link: https://www.econbiz.de/10012397497
This timely book makes a forceful argument that the analyses from behavioral economists are incomplete, the policies advocated by libertarian paternalists are misguided and unethical, and both actually reinforce the cognitive biases and dysfunctions that motivate 'nudges' in the first place. In...
Persistent link: https://www.econbiz.de/10012106389
Collects papers from Hugo Sonnenschein's students with the aim of demonstrating his impact as an advisor. Each paper in this work is accompanied with a preface by the student that provides background on the paper and indicates Hugo's influence on its genesis. All papers herin, lie in...
Persistent link: https://www.econbiz.de/10013521089
Since 2008, financial firms have paid, in aggregate, in excess of $320 billion in fines related to misconduct. Nearly ten years later, while many large financial firms have increased their attention to bad behavior and cultural drivers, the degree of commitment and progress in these efforts has...
Persistent link: https://www.econbiz.de/10012396980
This book provides the first comprehensive introduction to multi-agent, multi-choice repetitive games, such as the Kolkata Restaurant Problem and the Minority Game. It explains how the tangible formulations of these games, using stochastic strategies developed by statistical physicists employing...
Persistent link: https://www.econbiz.de/10012397169
Persistent link: https://www.econbiz.de/10013518435