Collected Papers on the Experimental Foundations of Economics and Political Science: Public economics, political processes, and policy applications

Collected Papers on the Experimental Foundations of Economics and Political Science: Public economics, political processes, and policy applications PDF

Author: Charles R. Plott

Publisher:

Published: 2001

Total Pages: 0

ISBN-13: 9781858980652

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This is the first book in a three-volume set collecting Charles R. Plott's (economics and political science, California Institute of Technology) work in experimental economics. The first volume presents the beginnings of his experimental research on public economics, public choice, and public process. Subsequent discussion addresses non-classical economic environments, and the influences of public choice, public economic, and social choice theory, including the prediction of group choice using game theory and voting theory, the power of special institutions and processes in determining outcomes, and the concept of equilibrium and equilibration in decision processes. The final section is on institutional design in general, and in the area of policy in particular. Indexed by name, but not subject. c. Book News Inc.

The Theory of International Trade

The Theory of International Trade PDF

Author: John Somerset Chipman

Publisher: Edward Elgar Publishing

Published: 2008-01-01

Total Pages: 376

ISBN-13: 9781781959527

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John Chipman is one of the most esteemed economists working in international trade theory. Presented in two volumes, this work presents Chipman's survey articles on the theory of international trade. The papers explore the evolution of thought from classical to new-classical and on to modern theory.

The Guidance of an Enterprise Economy

The Guidance of an Enterprise Economy PDF

Author: Martin Shubik

Publisher: MIT Press

Published: 2022-11-01

Total Pages: 591

ISBN-13: 0262546779

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A rigorous theory of money, credit, and bankruptcy in the context of a mixed economy, uniting Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation. This book offers a rigorous study of control, guidance, and coordination problems of an enterprise economy, with attention to the roles of money and financial institutions. The approach is distinctive in drawing on game theory, methods of physics and experimental gaming, and, more generally, a broader evolutionary perspective from the biological and behavioral sciences. The proposed theory unites Walrasian general equilibrium with macroeconomic dynamics and Schumpeterian innovation utilizing strategic market games. Problems concerning the meaning of rational economic behavior and the concept of solution are noted. The authors argue that process models of the economy can be built that are consistent with the general equilibrium system but become progressively more complex as new functions are added. Explicit embedding of the economy within the framework of government and society provides a natural, both formal and informal, control system. The authors describe how to build and analyze multistate models with simple assumptions about behavior, and develop a general modeling methodology for the construction of models as playable games.

Human Cultures through the Scientific Lens

Human Cultures through the Scientific Lens PDF

Author: Pascal Boyer

Publisher: Open Book Publishers

Published: 2021-07-09

Total Pages: 265

ISBN-13: 1800642091

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This volume brings together a collection of seven articles previously published by the author, with a new introduction reframing the articles in the context of past and present questions in anthropology, psychology and human evolution. It promotes the perspective of ‘integrated’ social science, in which social science questions are addressed in a deliberately eclectic manner, combining results and models from evolutionary biology, experimental psychology, economics, anthropology and history. It thus constitutes a welcome contribution to a gradually emerging approach to social science based on E. O. Wilson’s concept of ‘consilience’. Human Cultures through the Scientific Lens spans a wide range of topics, from an examination of ritual behaviour, integrating neuro-science, ethology and anthropology to explain why humans engage in ritual actions (both cultural and individual), to the motivation of conflicts between groups. As such, the collection gives readers a comprehensive and accessible introduction to the applications of an evolutionary paradigm in the social sciences. This volume will be a useful resource for scholars and students in the social sciences (particularly psychology, anthropology, evolutionary biology and the political sciences), as well as a general readership interested in the social sciences.

Real-World Decision Making

Real-World Decision Making PDF

Author: Morris Altman

Publisher: Bloomsbury Publishing USA

Published: 2015-06-23

Total Pages: 690

ISBN-13:

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The first and only encyclopedia to focus on the economic and financial behaviors of consumers, investors, and organizations, including an exploration of how people make good—and bad—economic decisions. Traditional economic theories speculate how and when people should spend money. But consumers don't always behave as expected and often adopt strategies that might appear unorthodox yet are, at times, more effective than the rule prescribed by conventional wisdom. This groundbreaking text examines the ways in which people make financial decisions, whether it is because they are smart but atypical in their choices ... or just irrational decision makers. A leading authority on behavioral economics, Morris Altman and more than 150 expert contributors delve into key concepts in behavioral economics, economic psychology, behavioral finance, neuroeconomics, experimental economics, and institutional economics to help inform economic models based on reality, not theory. Through 250 informative entries, the book explores various aspects of the subject including decision making, economic analysis, and public policy. In addition to introducing concepts to readers new to the subject, the book sheds light on more advanced financial topics in a manner that is objective, comprehensive, and accessible.

New Perspectives in Econometric Theory

New Perspectives in Econometric Theory PDF

Author: Halbert White

Publisher: Edward Elgar Publishing

Published: 2004

Total Pages: 536

ISBN-13:

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New Perspectives in Econometric Theory comprises specially selected papers by Halbert White which reflect his research in a variety of related areas in econometrics: heteroskedasticity of unknown form; nonlinear and nonparametric regression; instrumental variables and generalized method of moments estimation; and measurability and limit theory. In many instances, results from one paper provide the foundation for, or suggest new directions for, research taken up by others in the collection. The intent of collecting these papers together in the present volume, with new commentaries by the author, is to provide access both to a modern unified perspective for econometric theory and to a set of concepts and tools that will be useful to practitioners in the field. As a companion to the first volume entitled Advances in Econometric Theory, this latest selection of Halbert White's work will appeal to academics and researchers in econometrics and economic theory.

Capitalism and Democracy

Capitalism and Democracy PDF

Author: Dennis C. Mueller

Publisher: Edward Elgar Publishing

Published: 2003

Total Pages: 408

ISBN-13:

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Mueller discusses the economic challenges faced as a result of events in the latter third of the 20th century; the formation of the European Union, the collapse of communism in East Europe, and the deregulation and privatization movement that spread from North America to Europe.

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