Download or read book The Rate and Direction of Inventive Activity written by National Bureau of Economic Research and published by Princeton University Press. This book was released on 2015-12-08 with total page 647 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers here range from description and analysis of how our political economy allocates its inventive effort, to studies of the decision making process in specific industrial laboratories. Originally published in 1962. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Download or read book The Economic Value of Consumer Information written by Rulon D. Pope and published by . This book was released on 1984 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book An Anthology Regarding Merit Goods written by Wilfried Ver Eecke and published by Purdue University Press. This book was released on 2007 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: Merit Goods are those goods and services that the government feels that people will under-consume and which therefore ought to be subsidized or provided free at the point of use. This is a collection of articles and papers that covers the issue of merit goods from a variety of perspectives.
Download or read book A Theory of International Trade Under Uncertainty written by Elhanan Helpman and published by . This book was released on 1978 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social Choice and Welfare written by P.K. Pattanaik and published by Elsevier. This book was released on 2016-04-20 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume comprises papers presented at the Symposium on Collective Choice, by leading experts in this field. It presents recent advances in Social Choice Theory and Welfare Economics. The papers are classified in two broad groups: (1) those dealing with the ethical aspects of the theory of social choice and (2) those concerned with the positive aspects. The papers in the first part are concerned with the Arrow-type aggregation problem or aspects of it and with more specific questions relating to optimality, justice and welfare. In part II several papers discuss the problem of strategic misrevelation of preferences by individuals, others discuss simple voting games, social choice-correspondences and electoral competition. The main features are: - Recent advances in social choice theory and welfare economics - New mathematical approaches to social choice theory (differential and algebraic topology) -New aspects of the concepts of justice and optimality in welfare economics and social choice.
Download or read book Uncertainty written by Luigi Bonatti and published by John Benjamins Publishing. This book was released on 1984-01-01 with total page 145 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Entrepreneur written by Mark Casson and published by Rowman & Littlefield. This book was released on 1982 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents an economic theory of the entrepreneur which seeks to synthesize previous work by Hayek, Kirzner, Frank Knight and others. Examines the various factors on which entrepreneurial success depends -- timing, the imagination, ability of the decision maker, the quality of information available, financial and institutional support, management skills and motivation. Also covers the implications of entrepreneurship for social mobility and for a theory of value and distribution.
Download or read book Economic Valuation of Environmental Health Risks to Children written by OECD and published by OECD Publishing. This book was released on 2006-01-12 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: This OECD book proposes an in depth analysis of the main methodological difficulties associated with estimating the social value of a reduction in environmental health risks to children.
Download or read book The Theory of Implementation of Socially Optimal Decisions in Economics written by L. Corchon and published by Springer. This book was released on 1996-10-11 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early seventies, following the pioneering work by Leo Hurwicz, economists have been studying the relationship between socially optimal goals and private self-interest. The task was to reconcile the Utopian and Hobbesian traditions, using game theory to find ways to organise the society that are both socially optimal and incentive compatible. This book provides a succinct and up-to-date account of this vast literature and will be welcomed by students, lecturers and anyone wishing to update their knowledge of the field.
Download or read book Uncertainty Modeling in Knowledge Engineering and Decision Making written by and published by World Scientific. This book was released on 2012 with total page 1373 pages. Available in PDF, EPUB and Kindle. Book excerpt: FLINS, originally an acronym for Fuzzy Logic and Intelligent Technologies in Nuclear Science, is now extended to Computational Intelligence for applied research. The contributions to the 10th of FLINS conference cover state-of-the-art research, development, and technology for computational intelligence systems, both from the foundations and the applications points-of-view. Sample Chapter(s). Foreword (55 KB). Evaluation of Manufacturing Technology of Photovoltaic Cells (124 KB). Contents: Decision Making and Decision Support Systems; Uncertainty Modeling; Foundations of Computational Intelligence; Statistics, Data Analysis and Data Mining; Intelligent Information Processing; Productivity and Reliability; Applied Research. Readership: Graduate students, researchers, and academics in artificial intelligence/machine learning, information management, decision sciences, databases/information sciences and fuzzy logic.
Download or read book The Portfolio Theorists written by C. Read and published by Springer. This book was released on 2011-12-07 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Read examines probability, risk, and uncertainty through the contributions of John von Neumann, Leonard Jimmie Savage, Kenneth Arrow and Harry Markowitz. These Portfolio Theorists provided us with a dramatic leap forward in our understanding of and insights into financial rewards under risk and uncertainty.
Download or read book The Organization of Economic Activity written by Harold Demsetz and published by . This book was released on 1990 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Safety of Heterogeneous Systems written by Yuri Ermoliev and published by Springer Science & Business Media. This book was released on 2012-01-31 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing safety of diverse systems requires decision-making under uncertainties and risks. Such systems are typically characterized by spatio-temporal heterogeneities, inter-dependencies, externalities, endogenous risks, discontinuities, irreversibility, practically irreducible uncertainties, and rare events with catastrophic consequences. Traditional scientific approaches rely on data from real observations and experiments; yet no sufficient observations exist for new problems, and experiments are usually impossible. Therefore, science-based support for addressing such new class of problems needs to replace the traditional “deterministic predictions” analysis by new methods and tools for designing decisions that are robust against the involved uncertainties and risks. The new methods treat uncertainties explicitly by using “synthetic” information derived by integration of “hard” elements, including available data, results of possible experiments, and formal representations of scientific facts, with “soft” elements based on diverse representations of scenarios and opinions of public, stakeholders, and experts. The volume presents such effective new methods, and illustrates their applications in different problem areas, including engineering, economy, finance, agriculture, environment, and policy making.
Download or read book Capital Budgeting Under Conditions of Uncertainty written by R.L. Crum and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The business environment, particularly after the continuing oil crises of the seventies, can be characterized as evolving rapidly in complex and often unpre dictable ways. Such things as high interest and inflation rates, fluctuating ex change rates, volatile commodity markets, and increasing political turmoil have led to a situation in which explicit consideration of environmental dynamics is becoming much more important for successful business planning than was true in the past. Companies are finding that it is no longer possible to conduct "busi ness as usual" under these changing circumstances. Rather, decision makers are having to be more cognizant of the many sources of uncertainty that could have serious impacts on the continued prosperity of the firm, as well as of actions that can be taken so that the company can thrive in spite of these greater uncertainties. Businesses have responded to these challenges by giving more thorough con sideration to strategic issues. Whereas in the past the steady progression of mar kets and technology was taken for granted, the uncertainties associated with increased worldwide competition, as well as with other exogenous factors, have vii viii INTRODUCTION forced companies to think more about flexibility. This involves not only how best to exploit profitable current options, but also how to position themselves at present to be able to respond appropriately to threats and opportunities as they arise in the future. Unfortunately, in this redirection of outlook, the fmance profession has not kept pace.
Download or read book Friedrich A Hayek written by John Cunningham Wood and published by Taylor & Francis. This book was released on 2004 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays on Economic Decisions Under Uncertainty written by Jacques Drèze and published by CUP Archive. This book was released on 1990-05-25 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Dreze is a highly respected mathematical economist and econometrician. This book brings together some of his major contributions to the economic theory of decision making under uncertainty, and also several essays. These include an important essay on 'Decision theory under moral hazard and state dependent preferences' that significantly extends modern theory, and which provides rigorous foundations for subsequent chapters. Topics covered within the theory include decision theory, market allocation and prices, consumer decisions, theory of the firm, labour contracts, and public decisions.
