Anti-equilibrium
Author | : János Kornai |
Publisher | : Elsevier Science & Technology |
Total Pages | : 432 |
Release | : 1972 |
Genre | : Science |
ISBN | : |
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Author | : János Kornai |
Publisher | : Elsevier Science & Technology |
Total Pages | : 432 |
Release | : 1972 |
Genre | : Science |
ISBN | : |
Author | : George Soros |
Publisher | : John Wiley & Sons |
Total Pages | : 386 |
Release | : 1994-05-19 |
Genre | : Business & Economics |
ISBN | : 9780471043133 |
Critical Praise . . . "The Alchemy joins Reminiscences of a Stock Operator as a timelessinstructional guide of the marketplace." —Paul Tudor Jones from the Foreword "An extraordinary . . . inside look into the decision-makingprocess of the most successful money manager of our time. Fantastic." —The Wall Street Journal "A breathtakingly brilliant book. Soros is one of the core ofmasters . . . who can actually begin to digest the astonishingcomplexity . . . of the game of finance in recent years." —Esquire "A seminal investment book . . . it should be read, underlined, andthought about page-by-page, concept-by-idea. . . . He's the bestpure investor ever . . . probably the finest analyst of the worldin our time." —Barton M. Biggs, Morgan Stanley "George Soros is unquestionably the most powerful and profitableinvestor in the world today. Dubbed by Business Week as 'The Man Who Moves Markets,' Soros has made a billion dollars going up against the British pound. Soros is not merely a man of finance, but athinker to reckon with as well. Now, in The Alchemy of Finance, this extraordinary man reveals the investment strategies that have made him 'a superstar among money managers'" —The New York Times
Author | : Till Düppe |
Publisher | : Princeton University Press |
Total Pages | : 302 |
Release | : 2014-07-21 |
Genre | : Business & Economics |
ISBN | : 0691156646 |
The remarkable story and personalities behind one of the most important theories in modern economics Finding Equilibrium explores the post–World War II transformation of economics by constructing a history of the proof of its central dogma—that a competitive market economy may possess a set of equilibrium prices. The model economy for which the theorem could be proved was mapped out in 1954 by Kenneth Arrow and Gerard Debreu collaboratively, and by Lionel McKenzie separately, and would become widely known as the "Arrow-Debreu Model." While Arrow and Debreu would later go on to win separate Nobel prizes in economics, McKenzie would never receive it. Till Düppe and E. Roy Weintraub explore the lives and work of these economists and the issues of scientific credit against the extraordinary backdrop of overlapping research communities and an economics discipline that was shifting dramatically to mathematical modes of expression. Based on recently opened archives, Finding Equilibrium shows the complex interplay between each man's personal life and work, and examines compelling ideas about scientific credit, publication, regard for different research institutions, and the awarding of Nobel prizes. Instead of asking whether recognition was rightly or wrongly given, and who were the heroes or villains, the book considers attitudes toward intellectual credit and strategies to gain it vis-à-vis the communities that grant it. Telling the story behind the proof of the central theorem in economics, Finding Equilibrium sheds light on the changing nature of the scientific community and the critical connections between the personal and public rewards of scientific work.
Author | : R. Giles |
Publisher | : Elsevier |
Total Pages | : 252 |
Release | : 2016-01-22 |
Genre | : Science |
ISBN | : 1483184919 |
Mathematical Foundations of Thermodynamics details the core concepts of the mathematical principles employed in thermodynamics. The book discusses the topics in a way that physical meanings are assigned to the theoretical terms. The coverage of the text includes the mechanical systems and adiabatic processes; topological considerations; and equilibrium states and potentials. The book also covers Galilean thermodynamics; symmetry in thermodynamics; and special relativistic thermodynamics. The book will be of great interest to practitioners and researchers of disciplines that deal with thermodynamics, such as physics, engineering, and chemistry.
Author | : Rod Hill |
Publisher | : Bloomsbury Publishing |
Total Pages | : 316 |
Release | : 2010-03-11 |
Genre | : Business & Economics |
ISBN | : 1848135483 |
Mainstream textbooks present economics as an objective science free from value judgements; that settles disputes by testing hypotheses; that applies a pre-determined body of principles; and contains policy prescriptions supported by a consensus of professional opinion. The Economics Anti-Textbook argues that this is a myth - one which is not only dangerously misleading but also bland and boring. It challenges the mainstream textbooks' assumptions, arguments, models and evidence. It puts the controversy and excitement back into economics to reveal a fascinating and a vibrant field of study - one which is more an 'art of persuasion' than it is a science. The Economics Anti-Textbook's chapters parallel the major topics in the typical text, beginning with a boiled-down account of them before presenting an analysis and critique. Drawing on the work of leading economists, the Anti-Textbook lays bare the blind spots in the texts and their sins of omission and commission. It shows where hidden value judgements are made and when contrary evidence is ignored. It shows the claims made without any evidence and the alternative theories that aren't mentioned. It shows the importance of power, social context and legal framework. The Economics Anti-Textbook is the students' guide to decoding the textbooks and shows how real economics is much more interesting than most economists are willing to let on.
Author | : Mary E. Burfisher |
Publisher | : Cambridge University Press |
Total Pages | : 443 |
Release | : 2016 |
Genre | : Business & Economics |
ISBN | : 1107132207 |
The book provides a hands-on introduction to computable general equilibrium (CGE) models, written at an accessible, undergraduate level.
Author | : K. Peter C. Vollhardt |
Publisher | : Macmillan |
Total Pages | : 1336 |
Release | : 2003 |
Genre | : Science |
ISBN | : 9780716743743 |
New edition of the acclaimed organic chemistry text that brings exceptional clarity and coherence to the course by focusing on the relationship between structure and function.
Author | : Fischer Black |
Publisher | : MIT Press |
Total Pages | : 340 |
Release | : 1995 |
Genre | : Business & Economics |
ISBN | : 9780262023825 |
The general equilibrium approach, Black asserts, can be used to explain most of the economy's behavior. It can explain business cycles and growth without using sticky prices, irrationality, economies of scale, or imperfect competition. It can explain the volatility of consumption, output, sales, investment, and inventories with axiomatic utility and constant-returns-to-scale production. It can explain temporary layoffs, job changes with and without intervening unemployment, and the behavior of vacancies. It can explain lower wages in part-time jobs, wages that increase rapidly with time on the job, and the forces that cause migration from poor to rich countries. Although the general equilibrium approach cannot be tested in conventional ways, it can be used to generate examples that explain stylized facts - generalized observations from the real world - that have preoccupied macroeconomists for the last decade. Black contrasts his interpretation of these facts with conventional views. Finally, he reviews a substantial body of literature on these topics.
Author | : Jean-Philippe Delsol |
Publisher | : Cato Institute |
Total Pages | : 300 |
Release | : 2017-03-01 |
Genre | : Political Science |
ISBN | : 1944424261 |
Thomas Piketty's book Capital in the Twenty-First Century has enjoyed great success and provides a new theory about wealth and inequality. However, there have been major criticisms of his work. Anti-Piketty: Capital for the 21st Century collects key criticisms from 20 specialists—economists, historians, and tax experts—who provide rigorous arguments against Piketty's work while examining the notions of inequality, growth, wealth, and capital.
Author | : Martin J. Osborne |
Publisher | : Open Book Publishers |
Total Pages | : 382 |
Release | : 2023-06-26 |
Genre | : Business & Economics |
ISBN | : 180511123X |
Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and monopoly. Part II (Chapters 8-14) introduces the concept of equilibrium, beginning, unconventionally, with the models of the jungle and an economy with indivisible goods, and continuing with models of an exchange economy, equilibrium with rational expectations, and an economy with asymmetric information. Part III (Chapters 15-16) provides an introduction to game theory, covering strategic and extensive games and the concepts of Nash equilibrium and subgame perfect equilibrium. Part IV (Chapters 17-20) gives a taste of the topics of mechanism design, matching, the axiomatic analysis of economic systems, and social choice. The book focuses on the concepts of model and equilibrium. It states models and results precisely, and provides proofs for all results. It uses only elementary mathematics (with almost no calculus), although many of the proofs involve sustained logical arguments. It includes about 150 exercises. With its formal but accessible style, this textbook is designed for undergraduate students of microeconomics at intermediate and advanced levels.