Advertisement
| economic reasoning is based on the premise that: An Introduction to Economic Reasoning David Gordon, 2000 |
| economic reasoning is based on the premise that: Economics in Legal Reasoning Péter Cserne, Fabrizio Esposito, 2020-06-30 This Palgrave Pivot is the first book in the field of Law & Economics looking at the relationship between economics and law in legal reasoning. The book constitutes a reference point for the economic analysis of legal institutions, as legal reasoning remains the dimension of legal systems least explored by economists. Despite their differences, economics and legal reasoning interact in many interesting ways. This book offers a fast track to these interactions. Both supporters and critics of Law & Economics will be exposed to a yet-to-be developed area of interaction between the disciplines. This book will be of interest to economists, legal scholars, and Law and Economics specialists, and can be used as teaching material in courses on Law & Economics and legal reasoning as well. |
| economic reasoning is based on the premise that: Unheard Voices Farah Naz, Dieter Bögenhold, 2020-09-24 This book explores the restructuring of the labour market and the opportunities that have resulted from economic globalization. The historical, political, geographical, and social relationships that female workers have had within the production process and the politics of work are examined to provide an understanding of the positioning of women within the global production system and the international division of employment. Unheard Voices: Women, Work and Political Economy of Global Production aims to give the reader an understanding of new workplace arrangements and the changing gendered patterns of work. The book is relevant to those interested in labour economics, the political economy, and gender studies. |
| economic reasoning is based on the premise that: Our Economic System Harry Gordon Hayes, 1928 |
| economic reasoning is based on the premise that: The Oxford Handbook of Professional Economic Ethics George F. DeMartino, Deirdre N. McCloskey, 2016-01-04 For over a century the economics profession has extended its reach to encompass policy formation and institutional design while largely ignoring the ethical challenges that attend the profession's influence over the lives of others. Economists have proven to be disinterested in ethics. Embracing emotivism, they often treat ethics a matter of mere preference. Moreover, economists tend to be hostile to professional economic ethics, which they incorrectly equate with a code of conduct that would be at best ineffectual and at worst disruptive to good economic practice. But good ethical reasoning is not reducible to mere tastes, and professional ethics is not reducible to a code. Instead, professional economic ethics refers to a new field of investigation-a tradition of sustained and lively inquiry into the irrepressible ethical entailments of academic and applied economic practice. The Oxford Handbook of Professional Economic Ethics explores a wide range of questions related to the nature of ethical economic practice and the content of professional economic ethics. It explores current thinking that has emerged in these areas while widening substantially the terrain of economic ethics. There has never been a volume that poses so directly and intensively the question of the need for and content of professional ethics for economics. The Handbook incorporates the work of leading scholars and practitioners, including academic economists from various theoretical traditions; applied economists, beyond academia, whose work has direct and immense social impact; and philosophers, professional ethicists, and others whose work has addressed the nature of professionalism and its implications for ethical practice. |
| economic reasoning is based on the premise that: General Theory Of Employment , Interest And Money John Maynard Keynes, 2016-04 John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and Keynesian views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning |
| economic reasoning is based on the premise that: How We Cooperate John E. Roemer, 2019-04-23 A new theory of how and why we cooperate, drawing from economics, political theory, and philosophy to challenge the conventional wisdom of game theory Game theory explains competitive behavior by working from the premise that people are self-interested. People don't just compete, however; they also cooperate. John Roemer argues that attempts by orthodox game theorists to account for cooperation leave much to be desired. Unlike competing players, cooperating players take those actions that they would like others to take--which Roemer calls Kantian optimization. Through rigorous reasoning and modeling, Roemer demonstrates a simpler theory of cooperative behavior than the standard model provides. |
| economic reasoning is based on the premise that: Ebook: Economics Colander, 2016-09-16 Ebook: Economics |
| economic reasoning is based on the premise that: Keynes Against Capitalism James Crotty, 2019-04-29 Keynes is one of the most important and influential economists who ever lived. It is almost universally believed that Keynes wrote his magnum opus, The General Theory of Employment, Interest and Money, to save capitalism from the socialist, communist, and fascist forces that were rising up during the Great Depression era. This book argues that this was not the case with respect to socialism. Tracing the evolution of Keynes’s views on policy from WWI until his death in 1946, Crotty argues that virtually all post-WWII Keynesian economists misinterpreted crucial parts of Keynes’s economic theory, misunderstood many of his policy views, and failed to realize that his overarching political objective was not to save British capitalism, but rather to replace it with Liberal Socialism. This book shows how Keynes’s Liberal Socialism began to take shape in his mind in the mid-1920s, evolved into a more concrete institutional form over the next decade or so, and was laid out in detail in his work on postwar economic planning at Britain’s Treasury during WWII. Finally, it explains how The General Theory provided the rigorous economic theoretical foundation needed to support his case against capitalism in support of Liberal Socialism. Offering an original and highly informative exposition of Keynes’s work, this book should be of great interest to teachers and students of economics. It should also appeal to a general audience interested in the role the most important economist of the 20th century played in developing the case against capitalism and in support of Liberal Socialism. Keynes Against Capitalism is especially relevant in the context of today’s global economic and political crises. |
| economic reasoning is based on the premise that: Microeconomics David C. Colander, 1998 |
| economic reasoning is based on the premise that: Ecological Literacy David W. Orr, 1992-01-01 The most important discoveries of the 20th century exist not in the realm of science, medicine, or technology, but rather in the dawning awareness of the earths limits and how those limits will affect human evolution. Humanity has reached a crossroad where various ecological catastrophes meet what some call sustainable development. While a great deal of attention has been given to what governments, corporations, utilities, international agencies, and private citizens can do to help in the transition to sustainability, little thought has been given to what schools, colleges, and universities can do. Ecological Literacy asks how the discovery of finiteness affects the content and substance of education. Given the limits of the earth, what should people know and how should they learn it? |
| economic reasoning is based on the premise that: Entrepreneurial Economics Alexander Tabarrok, 2002 This intriguing collection is designed to show how economists can play a more active role in designing and directing the nation's social institutions. By taking the task of political economy seriously, the contributors (including some of today's most distinguished economists) reveal the power of economic thought to offer innovative solutions to some of the most difficult problems facing society today. By creating markets where none existed before, the authors propose efficient, reliable, and profitable improvements to current systems of health insurance, financial markets, human organ distribution, judicial practice, bankruptcy and securities regulation, patenting, and transportation. Written in the entrepreneurial spirit, these essays show economics to be an ambitious, dynamic, and far-from-dismal science. |
| economic reasoning is based on the premise that: An Inquiry Into the Nature and Causes of the Wealth of Nations Adam Smith, 1822 |
| economic reasoning is based on the premise that: The Tyranny of Dead Ideas Matt Miller, 2010-01-19 Offers the most plausible way to renovate our political and policy thinking to meet the challenges of the twenty-first century.—Joe Klein, Time A leading political and business thinker identifies the greatest threat to our economic future: the things we think we know-but don't. America is at a crossroads. In the face of global competition and rapid technological change, our economy is about to face its most severe test in nearly a century-one that will make the recent turmoil in the financial system look like a modest setback by comparison. Yet our leaders have failed to prepare us for what lies ahead because they are in the grip of a set of dead ideas about how a modern economy should work. They wrongly believe that - Our kids will earn more than we do - Free trade is always good, no matter who gets hurt - Employers should be responsible for health coverage - Taxes hurt the economy - Schools are a local matter - Money follows merit These ways of thinking-dubious at best and often dead wrong-are on a collision course with economic developments that are irre-versible. In The Tyranny of Dead Ideas, Matt Miller offers a unique blend of insights from history, psychology, and economics to illuminate where today's destructive conventional wisdom came from and how it holds our country back. He also introduces us to a new way of thinking-what he calls tomorrow's destined ideas-that can reinvigorate our economy, our politics, and our day-to-day lives. These destined ideas may seem counterintuitive now, but they will coalesce in the coming years in ways that will transform America. A strikingly original assessment of our current dilemma and an indispensable guide to our future, Miller's provocative and path-breaking book reveals why it is urgent that we break the tyranny of dead ideas, for it is only by doing so that we can move beyond the limits of today's obsolete debates and reinvent American capitalism and democracy for the twenty-first century. |
| economic reasoning is based on the premise that: Refusals to License Intellectual Property Ian Eagles, Louise Longdin, 2011-12-15 Economic analysis rarely appears on the judicial horizon in intellectual property litigation. In competition cases, by contrast, economists are familiar figures in the courtroom and the language of economics is scattered throughout the judgments of even the highest courts. One might expect, therefore, that refusals to license intellectual property would generate the same fruitful symbiosis between law and economics when those refusals surface in competition proceedings. This however, has not been how the law on this subject has developed in most jurisdictions. Courts and enforcement agencies faced with a unilateral refusal to license have instead tended to retreat into sketchily articulated black letter rules and presumptions which then have to be fenced off from the rest of competition law by economically irrelevant qualifications and distinctions based on private law categorisations of, and rationales for, individual intellectual property rights. This bypassing of case-by-case analysis in favour of more traditional modes of legal reasoning is not entirely the fault of lawyers. Economists have contributed to this state of affairs by urging judges and regulators to convert empirically undernourished theories about the proper role of intellectual property in a market economy into rules of law and evidentiary presumptions intended to be binding in future cases. How this came about and what it means for the future of effective competition enforcement globally are the twin concerns of this book. |
| economic reasoning is based on the premise that: The Official LSAT PrepTest 82 Law School Admission Council, 2017-09 The PrepTest is an actual LSAT administered on the date indicated. Practice as if taking an actual test by following the test-taking instructions and timing yourself. In addition to actual LSAT questions, each PrepTest contains an answer key, writing sample, and score-conversion table.try{F5_flush(document);}catch(e){} |
| economic reasoning is based on the premise that: Consumer Economics: A Practical Overview Steven Dale Soderlind, 2016-09-16 This work focuses on the service economy, it introduces the fundamentals of markets, consumer choice, financial assessment, risk avoidance, and other topics. |
| economic reasoning is based on the premise that: The Managerial School Sharon Gewirtz, 2003-12-16 The relationship between welfare and the state has undergone a sustained process of reconfiguration over the past two decades and managerialism has played a key role in this process. In education, parents are now seen as consumers and schools as small businesses, their income dependent on their success in attracting customers within competitive local 'markets'. At the same time, management practices borrowed from business, such as target setting and performance monitoring, now play a key role in regulating schools. What kinds of schools are the reforms producing? What impact are they having on school culture and values? What are the social justice implications of applying a business model to the provision of schooling? In The Managerial School Sharon Gerwirtz draws on in-depth interviews with teachers in a range of secondary schools and close observation of school practices to try to answer these questions.Through a comparison of Conservative and New Labour policies, she argues that New Labour's 'third way' for education is a contradictory mix of neo-liberal, authoritarian and humanistic strands that is not in any real sense a new educational settlement. This empirically based account of over a decade of education reform offers a unique insight into the effects of managerialism on schools and a hard-hitting analysis of the inherent tensions in a system that undoubtedly perpetrates social injustice. |
| economic reasoning is based on the premise that: A Historiography of the Modern Social Sciences Roger E. Backhouse, Philippe Fontaine, 2014-09-22 A Historiography of the Modern Social Sciences includes essays on the ways in which the histories of psychology, anthropology, sociology, economics, history and political science have been written since the Second World War. Bringing together chapters written by the leading historians of each discipline, the book establishes significant parallels and contrasts and makes the case for a comparative interdisciplinary historiography. This comparative approach helps explain historiographical developments on the basis of factors specific to individual disciplines and the social, political, and intellectual developments that go beyond individual disciplines. All historians, including historians of the different social sciences, encounter literatures with which they are not familiar. This book will provide a broader understanding of the different ways in which the history of the social sciences, and by extension intellectual history, is written. |
| economic reasoning is based on the premise that: Islamic Financial Economy and Islamic Banking Masudul Alam Choudhury, 2016-06-10 Islamic Financial Economy and Islamic Banking, is a thorough, deeply conceptual, analytical and applied work in the area of epistemological foundation of Islamic world-system. The book presents a new frontier of original contribution to the theme of generalized-system model of shari’ah. The model, derived from the Qur’an and Sunnah (Prophetic guidance) incorporates a wide analytical coverage of the purpose and objective of the Islamic worldview (maqasid as-shari’ah) in Islamic economics and finance in particular. The author covers issues that contrast with the existing understanding of Islamic economics and finance, including some specific goals defining the field and how they compare in today’s unstable world of financial volatility. A new heterodox thinking in economic theory is outlined. The potential as to how such issues can be addressed by the Tawhidi epistemology in formulating the generalized-system model of the purpose and objective of shari’ah lead the way in this book. Its presentation and analysis, methods and approach, overarch the fields of philosophy of science, rigorous analysis, mathematical and other presentations of the understanding given, and all taken up in the light of the exegesis of the Qur’an and coverage of the Sunnah. The result is a substantive one in the field of scholarship and application; and in analytically proving the universality and uniqueness of the epistemic worldview for the academic and practitioner world at large. The totality of the multiverse diversity of issues and problems reviewed comprise the study of the world-system by the Tawhidi methodological approach. Yet this methodology and its empirical configuration are universally applicable to all users without any need for unnecessary religious overtone. |
| economic reasoning is based on the premise that: The World Economy , 1990 Covers trade policy and other open economy issues embracing international trade and the environment, international finance, and trade and development. It also considers related areas such as economies in transition and development economics. |
| economic reasoning is based on the premise that: Setting Global Standards S. Prakash Sethi, 2003-04-07 Learn how large corporations can make real improvements in their standard business practices without jeopardizing their competitiveness in the global marketplace. S. Prakash Sethi, a preeminent business scholar and researcher on the activities of multinational corporations and global business issues, outlines a number of highly effective approaches by which corporate leaders can improve their credibility and ensure the protection of the human and civil rights of their workers across the globe. Order your copy today! |
| economic reasoning is based on the premise that: Organizing Age Stephen Fineman, 2011-05-12 This book is an accessibly-written critical introduction to the role of age in and beyond organizations, providing insights into the history of age, the social construction and politics of age, age stratification, and age discrimination. |
| economic reasoning is based on the premise that: A Text-book of Economics Milton Briggs, 1921 |
| economic reasoning is based on the premise that: An Evolutionary Theory of Economic Change Richard R. Nelson, 1985-10-15 This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry. |
| economic reasoning is based on the premise that: Handbook of Islamic Philosophy of Science Masudul Alam Choudhury, |
| economic reasoning is based on the premise that: Feminism Confronts Homo Economicus Martha Fineman, Terence Dougherty, 2018-08-06 The essays in this volume confront the inroads that economics has made into the legal academy.... Law and Economics uses principles of neoclassical economics to develop laws and social policies that maintain if not bolster current allocations of power.—from the Introduction The Law and Economics school has had a significant impact on the legal and governmental landscape in the United States. It posits a perfectly rational economic man—homo economicus—who is unconstrained by familial and communal ties and who can and should make decisions solely in light of considerations of economic value. Feminism Confronts Homo Economicus offers a major intervention in debates about how law has come under the influence of economic principles. Drawing on the latest thinking in the fields of feminist legal theory, critical legal studies, and feminist economics, the essays critique the notion that legal and policy decisions should be made solely through the lens of economics. While the contributors question the wholesale incorporation of the neoclassical economic model into legal analysis, they do not all discard economic analysis and theory. Situated at the intersection of feminism, law, and economics, Feminism Confronts Homo Economicus will appeal to scholars and students of these disciplines as well as policy analysts and social theorists interested in family, education, labor, and welfare. |
| economic reasoning is based on the premise that: Marginal Revolution in Economics Toru Maruyama, 2024-01-02 This volume is devoted to a reappraisal of the Marginal Revolution on the occasion of its 150th anniversary. The year 1871 should be remembered as one of the most important turning points in the history of economics. W. S. Jevons, C. Menger, and L. Walras published epochal works at the very beginning of the 1870s. Although these works were written independently, they shared a common mathematical structure based on classical analysis. For this reason, the emergence of the trio is called the Marginal Revolution. Indeed, 1871 is the starting point of modern economics in the proper sense. In 1971, several academic conferences were held on the occasion of the 100th anniversary of the Revolution, which exerted the stimulating influence upon the historical researches into the Revolution. Now more than fifty years have passed since then. Economic theory has experienced further substantial changes in researchers’ central interest, the way of reasonings and the styles of description during this period. In view of the new achievements acquired in recent fifty years, it seems an indispensable task for us to review and reevaluate the Marginal Revolution based upon the present status of economics. We also keep in mind that some concepts and doctrines once discarded could reappear in a later stage of history in a more or less transfigured form. The introductory chapter will be a guide for readers not only from the economics community but also from the mathematics community. |
| economic reasoning is based on the premise that: Debating Biopolitics Piasentier, Marco, Raimondi, Sara, 2022-08-05 Emerging out of the theoretical and practical urge to reflect on key contemporary debates arising in biopolitical scholarship, this timely book launches an in-depth investigation into the concept and history of biopolitics. In light of tumultuous political dynamics across the globe and new developments in this continually evolving field, the book reconsiders and expands upon Michel Foucault’s input to biopolitical studies. |
| economic reasoning is based on the premise that: A History of Economic Reasoning Karl Přibram, 1983 |
| economic reasoning is based on the premise that: The Exclusionary Politics of Digital Financial Inclusion Serena Natile, 2020-01-20 Focusing on Kenya’s path-breaking mobile money project M-Pesa, this book examines and critiques the narratives and institutions of digital financial inclusion as a development strategy for gender equality, arguing for a politics of redistribution to guide future digital financial inclusion projects. One of the most-discussed digital financial inclusion projects, M-Pesa facilitates the transfer of money and access to formal financial services via the mobile phone infrastructure and has grown at a phenomenal rate since its launch in 2007 to reach about 80 per cent of the Kenyan population. Through a socio-legal enquiry drawing on feminist political economy, law and development scholarship and postcolonial feminist debate, this book unravels the narratives and institutional arrangements that frame M-Pesa’s success while interrogating the relationship between digital financial inclusion and gender equality in development discourse. Natile argues that M-Pesa is premised on and regulated according to a logic of opportunity rather than a politics of redistribution, favouring the expansion of the mobile money market in preference to contributing to substantive gender equality via a redistribution of the revenue and funding deriving from its development. This book will be of particular interest to scholars and students in Global Political Economy, Socio-Legal Studies, Gender Studies, Law & Development, Finance and International Relations. |
| economic reasoning is based on the premise that: The Dark Side of the Force Jack Hirshleifer, 2001-09-20 The volume shows how economic analysis can explain the causes, conduct, and consequences of conflict. |
| economic reasoning is based on the premise that: Greed, Self-Interest and the Shaping of Economics Rudi Verburg, 2018-03-15 Since 2008, profound questions have been asked about the driving forces and self-regulating potential of the economic system, political control and morality. With opinion turning against markets and self-interest, economists found themselves on the wrong side of the argument. This book explores how the past of economics can contribute to today’s debates. The book considers how economics took shape as philosophers probed into the viability of commercial society and its potential to generate positive-sum outcomes. It explains how dreams of affluence, morality and happiness were built upon human greed and vanity. It covers the bumpy road of the construction and reconstruction of this dream, exploring the debate on the foundations, conditions and limitations of the idea of the social utility of greed and vanity. Revisiting this debate provides a rich source of ideas in rethinking economics and the basic beliefs concerning our economic system today. |
| economic reasoning is based on the premise that: The Political Economy of Legal Information Samuel E Trosow, 2021-02-25 From the informative information contained in The Political Economy of Legal Information: The New Landscape, you will discover how you, as a librarian or other information professional, can comprehend, cope with, and even try to influence the factors which comprise the new legal information landscape. You will discover the great changes in the legal publishing industry that have occurred within the last few years and the new ways in which legal information is produced, stored, disseminated, and used. The Political Economy of Legal Information will provide you with valuable tips to help you make sense of this new landscape so your library can reap the benefits of this new age. This informative book provides you with a collection of essays that describe, asses, and evaluate the political economy of information in the changing realm of legal publishing to keep you and your library on top of this dynamic situation. Through The Political Economy of Legal Information, you will find valuable insight into how you can make adjustments to constant technological changes by: confronting the cost efficiency model which promises both lower prices and greater effectiveness to help you make informed decisions about your library's technology learning about the economic logic of copyright laws to safeguard your library's reliance on big-name databases exploring the new Legal Publishers’List that provides a roadmap to the mergers and acquisitions that have characterized the publishing industry in recent years in order to choose the best manufacturer of the legal products in your library exploring case studies to help you understand how educational institutions, governmental entities, and small publishers can successfully cope with the new information landscape and to keep you informed of all the options available to your library Written by a wide cross section of people who are working with legal information,The Political Economy of Legal Information provides essential information to assist you and your library in staying informed regarding the fast-paced world of legal publishing. |
| economic reasoning is based on the premise that: Uncertain Futures Jens Beckert, Richard Bronk, 2018-07-11 Uncertain Futures considers how economic actors visualize the future and decide how to act in conditions of radical uncertainty. It starts from the premise that dynamic capitalist economies are characterized by relentless innovation and novelty and hence exhibit an indeterminacy that cannot be reduced to measurable risk. The organizing question then becomes how economic actors form expectations and make decisions despite the uncertainty they face. This edited volume lays the foundations for a new model of economic reasoning by showing how, in conditions of uncertainty, economic actors combine calculation with imaginaries and narratives to form fictional expectations that coordinate action and provide the confidence to act. It draws on groundbreaking research in economic sociology, economics, anthropology, and psychology to present theoretically grounded empirical case studies. These demonstrate how grand narratives, central bank forward guidance, economic forecasts, finance models, business plans, visions of technological futures, and new era stories influence behaviour and become instruments of power in markets and societies. The market impact of shared calculative devices, social narratives, and contingent imaginaries underlines the rationale for a new form of narrative economics. |
| economic reasoning is based on the premise that: Financial Derivatives Pricing Robert A. Jarrow, 2008 This book is a collection of original papers by Robert Jarrow that contributed to significant advances in financial economics. Divided into three parts, Part I concerns option pricing theory and its foundations. The papers here deal with the famous Black-Scholes-Merton model, characterizations of the American put option, and the first applications of arbitrage pricing theory to market manipulation and liquidity risk.Part II relates to pricing derivatives under stochastic interest rates. Included is the paper introducing the famous Heath?Jarrow?Morton (HJM) model, together with papers on topics like the characterization of the difference between forward and futures prices, the forward price martingale measure, and applications of the HJM model to foreign currencies and commodities.Part III deals with the pricing of financial derivatives considering both stochastic interest rates and the likelihood of default. Papers cover the reduced form credit risk model, in particular the original Jarrow and Turnbull model, the Markov model for credit rating transitions, counterparty risk, and diversifiable default risk. |
| economic reasoning is based on the premise that: Towards a Public Law of Tort Tom Cornford, 2016-02-24 Presenting a new approach to the problem of public authority liability, this volume provides a theoretical foundation in the form of principles of administrative liability that are both normatively sound and consonant with other recognized legal principles. These principles are used as criteria by which to judge the current law and as a guide to reform. Such reform could be brought about by judicial development of the law, and this volume explains how. It considers both the procedural and the substantive divides between public and private law and explains the proposed solution's relation to the forms of public authority liability already present under European Community law and the Human Rights Act. Focusing in particular on UK law, the book is also relevant to other Commonwealth countries and will be of interest to scholars and practitioners of both tort and public law. |
| economic reasoning is based on the premise that: Principles and Methods of Law and Economics Nicholas L. Georgakopoulos, 2005-10-10 The book juxtaposes economic analysis with moral philosophy, political theory, egalitarianism, and other methodological principles. |
| economic reasoning is based on the premise that: Info-Gap Decision Theory Yakov Ben-Haim, 2006-10-11 Everyone makes decisions, but not everyone is a decision analyst. A decision analyst uses quantitative models and computational methods to formulate decision algorithms, assess decision performance, identify and evaluate options, determine trade-offs and risks, evaluate strategies for investigation, and so on. Info-Gap Decision Theory is written for decision analysts. The term decision analyst covers an extremely broad range of practitioners. Virtually all engineers involved in design (of buildings, machines, processes, etc.) or analysis (of safety, reliability, feasibility, etc.) are decision analysts, usually without calling themselves by this name. In addition to engineers, decision analysts work in planning offices for public agencies, in project management consultancies, they are engaged in manufacturing process planning and control, in financial planning and economic analysis, in decision support for medical or technological diagnosis, and so on and on. Decision analysts provide quantitative support for the decision-making process in all areas where systematic decisions are made. This second edition entails changes of several sorts. First, info-gap theory has found application in several new areas - especially biological conservation, economic policy formulation, preparedness against terrorism, and medical decision-making. Pertinent new examples have been included. Second, the combination of info-gap analysis with probabilistic decision algorithms has found wide application. Consequently hybrid models of uncertainty, which were treated exclusively in a separate chapter in the previous edition, now appear throughout the book as well as in a separate chapter. Finally, info-gap explanations of robust-satisficing behavior, and especially the Ellsberg and Allais paradoxes, are discussed in a new chapter together with a theorem indicating when robust-satisficing will have greater probability of success than direct optimizing with uncertain models. - New theory developed systematically - Many examples from diverse disciplines - Realistic representation of severe uncertainty - Multi-faceted approach to risk - Quantitative model-based decision theory |
| economic reasoning is based on the premise that: Economics David C. Colander, 1998 The aim of this text is to teach the basics of macro and micro economics. The book emphasizes critical thinking as a key consideration in making economic issues engaging, it gives coverage of supply and demand and international trade and global issues, new coverage of economic growth and learning aids include photographs, graphs, charts, chapter summaries and questions. Core material is contained within the text and non-essential material is placed in the appendices to allow for a more flexible approach to teaching. |
Publications | World Economic Forum
4 days ago · The World Economic Forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of …
The Future of Jobs Report 2025 | World Economic Forum
Jan 7, 2025 · General economic slowdown, to a lesser extent, also remains top of mind and is expected to transform 42% of businesses. Inflation is predicted to have a mixed outlook …
Chief Economists Outlook: May 2025 | World Economic Forum
May 28, 2025 · The May 2025 Chief Economists Outlook explores key trends in the global economy, including the latest outlook for growth, inflation, monetary and fiscal policy. It …
Davos 2025: What to expect and who's coming? | World Econo…
Dec 9, 2024 · The 2025 Annual Meeting of the World Economic Forum takes place from 20-24 January in Davos, Switzerland. The meeting convenes under the title Collaboration for the …
US trade policy turmoil shakes the global economy, and othe…
Apr 15, 2025 · A new UN report warned that many countries in the Asia-Pacific region remain ill-prepared for climate-related economic shocks. The IMF-World Bank Spring Meetings are fast …
Publications | World Economic Forum
4 days ago · The World Economic Forum publishes a comprehensive series of reports which examine in detail the broad range of global issues it seeks to address with stakeholders as part of its mission of …
The Future of Jobs Report 2025 | World Economic Forum
Jan 7, 2025 · General economic slowdown, to a lesser extent, also remains top of mind and is expected to transform 42% of businesses. Inflation is predicted to have a mixed outlook for net job creation to 2030, while slower …
Chief Economists Outlook: May 2025 | World Economic Forum
May 28, 2025 · The May 2025 Chief Economists Outlook explores key trends in the global economy, including the latest outlook for growth, inflation, monetary and fiscal policy. It underlines the exceptional …
Davos 2025: What to expect and who's coming? | World Economic …
Dec 9, 2024 · The 2025 Annual Meeting of the World Economic Forum takes place from 20-24 January in Davos, Switzerland. The meeting convenes under the title Collaboration for the Intelligent Age, accessible to the wider …
US trade policy turmoil shakes the global economy, and other key ...
Apr 15, 2025 · A new UN report warned that many countries in the Asia-Pacific region remain ill-prepared for climate-related economic shocks. The IMF-World Bank Spring Meetings are fast approaching, and on 17 …
