Download or read book Feedback Economics written by Robert Y. Cavana and published by Springer Nature. This book was released on 2021-06-30 with total page 593 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book approaches economic problems from a systems thinking and feedback perspective. By introducing system dynamics methods (including qualitative and quantitative techniques) and computer simulation models, the respective contributions apply feedback analysis and dynamic simulation modeling to important local, national, and global economics issues and concerns. Topics covered include: an introduction to macro modeling using a system dynamics framework; a system dynamics translation of the Phillips machine; a re-examination of classical economic theories from a feedback perspective; analyses of important social, ecological, and resource issues; the development of a biophysical economics module for global modelling; contributions to monetary and financial economics; analyses of macroeconomic growth, income distribution and alternative theories of well-being; and a re-examination of scenario macro modeling. The contributions also examine the philosophical differences between the economics and system dynamics communities in an effort to bridge existing gaps and compare methods. Many models and other supporting information are provided as online supplementary files. Consequently, the book appeals to students and scholars in economics, as well as to practitioners and policy analysts interested in using systems thinking and system dynamics modeling to understand and improve economic systems around the world. "Clearly, there is much space for more collaboration between the advocates of post-Keynesian economics and system dynamics! More generally, I would like to recommend this book to all scholars and practitioners interested in exploring the interface and synergies between economics, system dynamics, and feedback thinking." Comments in the Foreword by Marc Lavoie, Emeritus Professor, University of Ottawa and University of Sorbonne Paris Nord

Download or read book False Feedback in Economics written by Andrin Spescha and published by Routledge. This book was released on 2021-07-21 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates why economics makes less visible progress over time than scientific fields with a strong practical component, where interactions with physical technologies play a key role. The thesis of the book is that the main impediment to progress in economics is "false feedback", which it defines as the false result of an empirical study, such as empirical evidence produced by a statistical model that violates some of its assumptions. In contrast to scientific fields that work with physical technologies, false feedback is hard to recognize in economics. Economists thus have difficulties knowing where they stand in their inquiries, and false feedback will regularly lead them in the wrong directions. The book searches for the reasons behind the emergence of false feedback. It thereby contributes to a wider discussion in the field of metascience about the practices of researchers when pursuing their daily business. The book thus offers a case study of metascience for the field of empirical economics. The main strength of the book are the numerous smaller insights it provides throughout. The book delves into deep discussions of various theoretical issues, which it illustrates by many applied examples and a wide array of references, especially to philosophy of science. The book puts flesh on complicated and often abstract subjects, particularly when it comes to controversial topics such as p-hacking. The reader gains an understanding of the main challenges present in empirical economic research and also the possible solutions. The main audience of the book are all applied researchers working with data and, in particular, those who have found certain aspects of their research practice problematic.

Download or read book Data Analysis for Business Economics and Policy written by Gábor Békés and published by Cambridge University Press. This book was released on 2021-05-06 with total page 741 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive textbook on data analysis for business, applied economics and public policy that uses case studies with real-world data.

Download or read book Doughnut Economics written by Kate Raworth and published by Chelsea Green Publishing. This book was released on 2018-03-08 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is the mother tongue of public policy. It dominates our decision-making for the future, guides multi-billion-dollar investments, and shapes our responses to climate change, inequality, and other environmental and social challenges that define our times. Pity then, or more like disaster, that its fundamental ideas are centuries out of date yet are still taught in college courses worldwide and still used to address critical issues in government and business alike. That’s why it is time, says renegade economist Kate Raworth, to revise our economic thinking for the 21st century. In Doughnut Economics, she sets out seven key ways to fundamentally reframe our understanding of what economics is and does. Along the way, she points out how we can break our addiction to growth; redesign money, finance, and business to be in service to people; and create economies that are regenerative and distributive by design. Named after the now-iconic “doughnut” image that Raworth first drew to depict a sweet spot of human prosperity (an image that appealed to the Occupy Movement, the United Nations, eco-activists, and business leaders alike), Doughnut Economics offers a radically new compass for guiding global development, government policy, and corporate strategy, and sets new standards for what economic success looks like. Raworth handpicks the best emergent ideas—from ecological, behavioral, feminist, and institutional economics to complexity thinking and Earth-systems science—to address this question: How can we turn economies that need to grow, whether or not they make us thrive, into economies that make us thrive, whether or not they grow? Simple, playful, and eloquent, Doughnut Economics offers game-changing analysis and inspiration for a new generation of economic thinkers.

Download or read book Economic Fables written by Ariel Rubinstein and published by Open Book Publishers. This book was released on 2012 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: "I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making social and economic decisions as the opinion of an expert using a model." Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world's foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. Economic Fables is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field.

Download or read book Family Economics Review written by and published by . This book was released on 1978 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economics in the Age of COVID 19 written by Joshua Gans and published by MIT Press. This book was released on 2020-05-19 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to the pandemic economy: essential reading about the long-term implications of our current crisis. The COVID-19 pandemic has unleashed a firehose of information (much of it wrong) and an avalanche of opinions (many of them ill-founded). Most of us are so distracted by the everyday awfulness that we don't see the broader issues in play. In this book, economist Joshua Gans steps back from the short-term chaos to take a clear and systematic look at how economic choices are being made in response to COVID-19. He shows that containing the virus and pausing the economy—without letting businesses fail and people lose their jobs—are the necessary first steps.

Download or read book Relationship Economics written by David Nour and published by John Wiley & Sons. This book was released on 2011-03-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: A revised and updated guide to bridging relationship creation with relationship capitalization Relationship Economics isn't about taking advantage of friends or coworkers to get ahead. It's about prioritizing and maximizing a unique return on strategic relationships to fuel unprecedented growth. Based on the author's global speaking and consulting engagements, Relationship Economics reveals that success comes from investing in people for extraordinary returns. This revised and updated version explains the three major types of relationships—personal, functional, and strategic—and how to focus each to fuel enterprise growth. It introduces new concepts in relationship management, including the exchange of Relationship Currency®, the accumulation of Reputation Capital®, and the building of Professional Net Worth®. These are the fundamental measures of business relationship, and once you understand them, you'll be able to turn your contacts into better executions, performance, and results. "David Nour is the definitive expert on strategic relationships. He has captured practical, pragmatic, and timely insights in Relationship Economics and has been a valuable resource to my sales transformation efforts." —RANDY SEIDL, Senior VP, Enterprise Servers, Storage and Networking, Americas, HP "Although many understand the importance of relationships, the quantifiable and strategic values of relationships are often underemphasized. David Nour has done just that in??Relationship Economics."?? —CRAIG LEMASTERS, President and CEO, Assurant Solutions "If a man is judged by the company he keeps, David Nour's Relationship Economics provides a systematic approach to building value in that judgment. The concepts reach well beyond networking to building lasting and productive relationships." —DENNIS SADLOWSKI, former president and CEO, Siemens Energy & Automation, Inc.

Download or read book Princeton Review AP Economics Micro Macro Prep 2022 written by The Princeton Review and published by Princeton Review. This book was released on 2021-08-03 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Make sure you’re studying with the most up-to-date prep materials! Look for the newest edition of this title, The Princeton Review AP Economics Micro & Macro Prep, 2023 (ISBN: 9780593450741, on-sale August 2022). Publisher's Note: Products purchased from third-party sellers are not guaranteed by the publisher for quality or authenticity, and may not include access to online tests or materials included with the original product.

Download or read book Princeton Review AP Economics Micro Macro Prep 2023 written by The Princeton Review and published by Princeton Review. This book was released on 2022-08-09 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: EVERYTHING YOU NEED TO SCORE A PERFECT 5. Ace the AP Economics Micro & Macro Exams with this comprehensive study guide—including 4 full-length practice tests (2 each for Micro and Macro) with complete explanations, thorough content reviews, targeted strategies for every question type, and online extras. Techniques That Actually Work • Tried-and-true strategies to avoid traps and beat the test • Tips for pacing yourself and guessing logically • Essential tactics to help you work smarter, not harder Everything You Need for a High Score • Fully aligned with the latest College Board standards for AP® Microeconomics and Macroeconomics • Detailed content review for both Micro and Macro test topics, such as supply, elasticity, aggregated demand, and inflation • Useful charts and figures to illustrate trends, theories, and markets • Access to study plans, a handy list of key terms, helpful pre-college info, and more via your online Student Tools Practice That Gets You to Excellence • 4 full-length practice tests (2 apiece for Micro & Macro; 1 test in the book, 1 online for each) with detailed answer explanations • Practice drills at the end of each content chapter • Step-by-step walk-throughs of sample questions

Download or read book Quantitative Economics in China written by Shouyi Zhang and published by World Scientific. This book was released on 2015-12-21 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: ' This book provides a comprehensive overview of the fruitful achievement of China''s Quantitative Economics during the past 30 years, assembling pioneering contributions of prominent quantitative economists in China. It chronicles significant events and the detailed evolution of Quantitative Economics in China. This well-organized book is a must-have for scholars to get a full picture of the status quo, and identify possible research gaps. Contents:Part One:Several Issues to Consider in Quantitative Economics (Wu Jiapei)Three Issues in Quantitative Economics (Zhang Shouyi)Several Major Theoretical Issues in Quantitative Economics (Li Jinhua)An Empirical Study on the Mutual Independent Relationship between China''s Economic Growth and Energy Consumption (Ge Xinquan and Zhang Jinwen)Game Theory and Quantitative Economics (Wang Guocheng)Application and Development of Input–Output Analysis in China (Liu Qiyun and Xia Ming)Three Developmental Stages and Tasks of China''s Econometrics (Li Zinai)A Review on the Development of Economic Prediction in China (Wu Jiapei and Liang Youcai)A Review of 10 Years of Economic Forecasting in China (Wang Tongsan and Shen Lisheng)One-Way Effect Causal Relationship of GDP and Energy Consumption in Taiwan (Chen Yanwu, Yao Feng and Wu Chengye)Part Two:Record of Major Events in the 30-Year History of the Chinese Association of Quantitative Economics (1979–2009) (Peng Zhan et al.)The Brief History of the Development of the Professional Committee of Game Theory (Wang Guocheng)The Memorabilia of Input–Output Committee (Liu Qiyun et al.)The Memorabilia of Enterprise Committee (1985–1997) (Hao Chunhe)Part Three:A Summary of the Minutes Commemorating 30 Years since the Establishment of the Chinese Association of Quantitative Economics (Lin Yulun)Selected Edit of Speeches at the 30th Anniversary Commemoration of the Founding of the Chinese Association of Quantitative Economics (Han Zhong)The Course of Establishing and Development of Chinese Association of Quantitative Economics (Zhang Shouyi)A Review of the 30 Years of the Chinese Association of Quantitative Economics (Wang Tongsan)Part Four:Remembering the Workshop in the Summer Palace (Liu Hong and Zhang Shouyi (Ed.))Postscript Readership: Students and researchers in economics. Key Features:This unique book is the first collection of extensive studies in the memorial of 30th anniversary of the Association of China''s Quantitative EconomicsIt covers most areas of quantitative economics, which not only offers a rich overview of the subject in general, but also include significant contributors of specific sub-area, such as mathematical economics, econometrics, and computational economicsIt is well written by prominent professors in the field of China''s Quantitative Economics. It provides featured reviews and papers that serve as a roadmap and blueprint of the development of China''s Quantitative Economics. This is especially a good time for scholars from all over the world to contribute to its future development, and this book provides the starting pointKeywords:Quantitative Economics;Mathematical Economics;Econometrics;Game Theory'

Download or read book The Principle of Trading Economics written by Zhenying Wang and published by Springer Nature. This book was released on 2019-11-23 with total page 871 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to establishing a completely new concept within economics referred to as "trading economics" which is a reconstructed economic system in theory that seeks perfect harmony between micro and macro elements in a structured way, hence making the economic theory a rigorous system supported by internal logical continuity. Representing a revolution of the existing theoretical framework, trading economics has changed the logic of mainstream economics. Specifically, it deduces the "macro whole" from the "micro individuals", and it introduces a systematic and comprehensive analysis approach. It stresses that within an interconnected world, the interaction between trading agents is the fundamental driving force behind the operation, development and evolution of the economic system.

Download or read book Reframing Economics written by Roger A McCain and published by Edward Elgar Publishing. This book was released on 2014-03-28 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objectives of this book are twofold. Firstly, it proposes that economics should be defined as a study of imperfect cooperation. Secondly, it elucidates the continuities that extend from classical political economy through the neoclassical, Keynesia

Download or read book NEW PARADIGM ECONOMICS written by TIANYU DAI and published by American Academic Press. This book was released on 2023-06-01 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new era calls for new economics. This book offers a new paradigm of economics with a new perspective and a new fundamental logic system in this new century. The new paradigm originates from a fundamental fact: The main behavioral subjects of socio-economic activities are not individuals, but social organizations composed of individuals, such as families, enterprises, schools, research institutes, government branches, charity organizations and so on. So this book replaces the controversial assumption of "economic man" with the model of "the minimum economic system" abstracted from reality and establishes a new logic analysis framework of "economic unit (the minimum economic system) -- economic flow (the input and output between economic units) -- economic field (the space-time distribution of economic units and their movement)" which is totally different from all existing economics theories. As a result, this book reconstructs economics on a foundation of natural science and systems science and can explain the secret of China's rapid economic growth and other economic puzzles at the level of fundamental logic. This book replaces neoclassical and modern orthodox economics with a new economics meta-theory, making it a fascinating read and providing a valuable reference for researchers, teachers and students majoring in economics.

Download or read book How We Misunderstand Economics and Why it Matters written by David Leiser and published by Routledge. This book was released on 2018-05-21 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to explain why people misunderstand economics. From the cognitive shortcuts we use to make sense of complex information, to the metaphors we rely on and their effect on our thinking, this important book lays bare not only the psychological traits that distort our ability to understand such a vital topic, but also what this means for policy makers and civil society more widely. Accessibly written, the book explores the mismatch between the complexities of economics and the constraints of human cognition that lie at the root of our misconceptions. The authors document and explain the gamut of cognitive strategies laypeople employ as they grapple with such complex topics as inflation, unemployment, economic crises, finance, and money in the modern economy. The book examines sources of misconceptions ranging from the intentionality fallacy, whereby economic phenomena are assumed to have been caused deliberately rather than to have come about by an interplay of many agents and causal factors, to the role of ideology in framing economic thinking. Exposing the underlying biases and assumptions that undermine financial and economic literacy, and concluding with recommendations for how policies and ideas should be framed to enable a clearer understanding, this will be essential reading not only for students and researchers across psychology and economics, but also anyone interested in progressive public policy. Visit the associated website for the book here: http://www.misunderstandeconomics.com/

Download or read book The Economics of Artificial Intelligence written by Ajay Agrawal and published by University of Chicago Press. This book was released on 2019-05-22 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: Advances in artificial intelligence (AI) highlight the potential of this technology to affect productivity, growth, inequality, market power, innovation, and employment. This volume seeks to set the agenda for economic research on the impact of AI. It covers four broad themes: AI as a general purpose technology; the relationships between AI, growth, jobs, and inequality; regulatory responses to changes brought on by AI; and the effects of AI on the way economic research is conducted. It explores the economic influence of machine learning, the branch of computational statistics that has driven much of the recent excitement around AI, as well as the economic impact of robotics and automation and the potential economic consequences of a still-hypothetical artificial general intelligence. The volume provides frameworks for understanding the economic impact of AI and identifies a number of open research questions. Contributors: Daron Acemoglu, Massachusetts Institute of Technology Philippe Aghion, Collège de France Ajay Agrawal, University of Toronto Susan Athey, Stanford University James Bessen, Boston University School of Law Erik Brynjolfsson, MIT Sloan School of Management Colin F. Camerer, California Institute of Technology Judith Chevalier, Yale School of Management Iain M. Cockburn, Boston University Tyler Cowen, George Mason University Jason Furman, Harvard Kennedy School Patrick Francois, University of British Columbia Alberto Galasso, University of Toronto Joshua Gans, University of Toronto Avi Goldfarb, University of Toronto Austan Goolsbee, University of Chicago Booth School of Business Rebecca Henderson, Harvard Business School Ginger Zhe Jin, University of Maryland Benjamin F. Jones, Northwestern University Charles I. Jones, Stanford University Daniel Kahneman, Princeton University Anton Korinek, Johns Hopkins University Mara Lederman, University of Toronto Hong Luo, Harvard Business School John McHale, National University of Ireland Paul R. Milgrom, Stanford University Matthew Mitchell, University of Toronto Alexander Oettl, Georgia Institute of Technology Andrea Prat, Columbia Business School Manav Raj, New York University Pascual Restrepo, Boston University Daniel Rock, MIT Sloan School of Management Jeffrey D. Sachs, Columbia University Robert Seamans, New York University Scott Stern, MIT Sloan School of Management Betsey Stevenson, University of Michigan Joseph E. Stiglitz. Columbia University Chad Syverson, University of Chicago Booth School of Business Matt Taddy, University of Chicago Booth School of Business Steven Tadelis, University of California, Berkeley Manuel Trajtenberg, Tel Aviv University Daniel Trefler, University of Toronto Catherine Tucker, MIT Sloan School of Management Hal Varian, University of California, Berkeley

Download or read book Introduction to Digital Economics written by Harald Øverby and published by Springer Nature. This book was released on 2021-08-12 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovations and developments in technology have laid the foundations for an economy based on digital goods and services—the digital economy. This book invites students and practitioners, to take an in-depth look at the impact that technological innovations such as social media, cryptocurrencies, crowdsourcing, and even online gaming is having on today’s business landscape. Learn about the various business models available for the digital economy, including the business models used by Bitcoin, Spotify, Wikipedia, World of Warcraft, Facebook, and Airbnb. This book details the evolution of contemporary economics within the digital stratosphere and highlights the complex ecosystem that makes up the field of digital economics. The foundational text with case studies is also peppered with anecdotes on the various technological innovations which have shaped markets throughout history. The authors provide several models and tools that are essential for analysis, as well as activities that will allow the reader to reflect, analyze, and apply the knowledge and tools presented in each chapter. Introduction to Digital Economics is a definitive guide to the complexities and nuances of this burgeoning and fascinating field of study.