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Economics and Thermodynamics, Peter Burley; John Foster


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Автор: Peter Burley; John Foster
Название:  Economics and Thermodynamics
ISBN: 9780792394464
Издательство: Springer
Классификация:
ISBN-10: 0792394461
Обложка/Формат: Hardcover
Страницы: 258
Вес: 0.56 кг.
Дата издания: 31.08.1994
Серия: Recent Economic Thought
Язык: English
Размер: 234 x 156 x 18
Основная тема: Economics
Подзаголовок: New Perspectives on Economic Analysis
Ссылка на Издательство: Link
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Поставляется из: Германии
Описание: Offers insights into research focusing on the interface between thermodynamics and economics. Although nonequilibrium thermodynamics and self-organisation appear to offer more possibilities for economic application, the papers in this volume demonstrate that economic insights are still derivable from the standpoint of classical thermodynamics.


Economics rules

Автор: Rodrik Dani
Название: Economics rules
ISBN: 0393246418 ISBN-13(EAN): 9780393246414
Издательство: Wiley
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Цена: 3406.00 р.
Наличие на складе: Поставка под заказ.

Описание:

In the wake of the financial crisis and the Great Recession, economics seems anything but a science. In this sharp, masterfully argued book, Dani Rodrik, a leading critic from within, takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline.

Drawing on the history of the field and his deep experience as a practitioner, Rodrik argues that economics can be a powerful tool that improves the world--but only when economists abandon universal theories and focus on getting the context right. Economics Rules argues that the discipline's much-derided mathematical models are its true strength. Models are the tools that make economics a science.

Too often, however, economists mistake a model for the model that applies everywhere and at all times. In six chapters that trace his discipline from Adam Smith to present-day work on globalization, Rodrik shows how diverse situations call for different models. Each model tells a partial story about how the world works. These stories offer wide-ranging, and sometimes contradictory, lessons--just as children's fables offer diverse morals.

Whether the question concerns the rise of global inequality, the consequences of free trade, or the value of deficit spending, Rodrik explains how using the right models can deliver valuable new insights about social reality and public policy. Beyond the science, economics requires the craft to apply suitable models to the context.

The 2008 collapse of Lehman Brothers challenged many economists' deepest assumptions about free markets. Rodrik reveals that economists' model toolkit is much richer than these free-market models. With pragmatic model selection, economists can develop successful antipoverty programs in Mexico, growth strategies in Africa, and intelligent remedies for domestic inequality.

At once a forceful critique and defense of the discipline, Economics Rules charts a path toward a more humble but more effective science.

The Economics of Inaction: Stochastic Control Models with Fixed Costs

Автор: Stokey, Nancy L.
Название: The Economics of Inaction: Stochastic Control Models with Fixed Costs
ISBN: 0691135053 ISBN-13(EAN): 9780691135052
Издательство: Wiley
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Цена: 11088.00 р.
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Описание: Shows how the tools of stochastic control can be applied to dynamic problems of decision making under uncertainty when fixed costs are present. This book provides a treatment of two types of models, impulse and instantaneous control. It is suitable for graduate students and researchers in macroeconomics.

Ownership Economics

Автор: Heinsohn, Gunnar | Steiger, Otto
Название: Ownership Economics
ISBN: 0415645468 ISBN-13(EAN): 9780415645461
Издательство: Taylor&Francis
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Цена: 24499.00 р.
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Описание: This book presents the first full length explanation in English of Heinsohn and Steiger`s groundbreaking theory of money and interest, which emphasises the role played by private property rights.

Advances in Economics and Econometrics, vol.3

Автор: Daron Acemoglu
Название: Advances in Economics and Econometrics, vol.3
ISBN: 1107627311 ISBN-13(EAN): 9781107627314
Издательство: Cambridge Academ
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Цена: 6970.00 р.
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Описание: The third of three volumes containing edited versions of papers and commentaries presented at invited symposium sessions of the Tenth World Congress of the Econometric Society 2010. The papers interpret key developments in economics and econometrics, and discuss future directions for a variety of topics, covering both theory and application.

Milton Friedman: Contributions to Economics and Public Policy

Автор: Cord Robert A., Hammond J. Daniel
Название: Milton Friedman: Contributions to Economics and Public Policy
ISBN: 0198704321 ISBN-13(EAN): 9780198704324
Издательство: Oxford Academ
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Цена: 26928.00 р.
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Описание: This book brings together experts on Milton Friedman`s life and thought. They draw on their experiences to present original insights into Friedman`s method of working, his ability to communicate ideas to the general public, his influence on other economists, and the continuing role that his ideas have had during the present economic crisis.

The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction

Автор: Bookstaber Richard
Название: The End of Theory: Financial Crises, the Failure of Economics, and the Sweep of Human Interaction
ISBN: 0691169012 ISBN-13(EAN): 9780691169019
Издательство: Wiley
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Цена: 4435.00 р.
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Описание:

An in-depth look at how to account for the human complexities at the heart of today's financial system

Our economy may have recovered from the Great Recession--but not our economics. In The End of Theory, Richard Bookstaber, one of the world's leading risk managers, discusses why the human condition and the radical uncertainty of our world renders the standard economic model--and the theory behind it--useless for dealing with financial crises. What model should replace it? None. At least not any version we've been using for the past two hundred years. Instead, Bookstaber argues for a new approach called agent-based economics, one that takes as a starting point the fact that we are humans, not the optimizing automatons that standard economics assumes we are.

Bookstaber's groundbreaking paradigm promises to do a far better job at preventing crises and managing those that break out. As he explains, our varied memories and imaginations color our economic behavior in unexpected hues. Agent-based modeling embraces these nuances by avoiding the mechanistic, unrealistic structure of our current economic approach. Bookstaber tackles issues such as radical uncertainty, when circumstances take place beyond our anticipation, and emergence, when innocent, everyday interactions combine to create sudden chaos. Starting with the realization that future crises cannot be predicted by the past, he proposes an approach that recognizes the human narrative while addressing market realities.

Sweeping aside the historic failure of twentieth-century economics, The End of Theory offers a novel and innovative perspective, along with a more realistic and human framework, to help prevent today's financial system from blowing up again.

Routledge Handbook of Marxian Economics

Автор: David M. Brennan and David Kristjanson-Gural
Название: Routledge Handbook of Marxian Economics
ISBN: 1138774936 ISBN-13(EAN): 9781138774933
Издательство: Taylor&Francis
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Цена: 35218.00 р.
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Описание: The Routledge Handbook of Marxian Economics is an invaluable resource for students, researchers, and policy makers seeking guidance in this field. Featuring contributions from a wide range of leading scholars, this volume introduces contemporary research on Marxian economics through a careful consideration of both existing and new key terms and concepts.

The Oxford Handbook of Law and Economics Vol.II

Автор: Parisi Francesco
Название: The Oxford Handbook of Law and Economics Vol.II
ISBN: 0199684200 ISBN-13(EAN): 9780199684205
Издательство: Oxford Academ
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Цена: 17424.00 р.
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Описание: The Oxford Handbook of Law and Economics applies the theoretical and empirical methods of economics to the study of law. Volume 2 surveys Private and Commercial Law.

Handbook of the Economics of Finance,1B

Автор: G. Constantinides
Название: Handbook of the Economics of Finance,1B
ISBN: 0444513639 ISBN-13(EAN): 9780444513632
Издательство: Elsevier Science
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Цена: 20717.00 р.
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Описание: Covers the economics of financial markets: the saving and investment decisions; the valuation of equities, derivatives, and fixed income securities; and market microstructure.

Advances in Economics and Econometrics: Volume 3: Theory and Applications

Автор: Richard Blundell, Whitney Newey , Torsten Persson
Название: Advances in Economics and Econometrics: Volume 3: Theory and Applications
ISBN: 0521692105 ISBN-13(EAN): 9780521692106
Издательство: Cambridge Academ
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Цена: 5861.00 р.
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Описание: The third of three volumes containing edited papers and a commentary presented at the Ninth World Congress of the Econometric Society, held in London in August 2005. Written by leading specialists in their fields, these volumes provide a unique survey of progress in the discipline.

Economics and Thermodynamics

Автор: Peter Burley; John Foster
Название: Economics and Thermodynamics
ISBN: 904815796X ISBN-13(EAN): 9789048157969
Издательство: Springer
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Цена: 23757.00 р.
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Описание: Over the past two decades we have witnessed something of a revolution in the natural sciences as thermodynamic thinking evolved from an equilibrium, or 'classical', perspective, to a nonequilibrium, or 'self- organisational' one. In this transition, thermodynamics has been applied in new ways and in new fields of inquiry. Chemical and biological (evolutionary) processes have been analysed, increasingly, in non- equilibrium thermodynamical terms. Economics has, since the late 19th century, relied heavily upon metaphors and analogies derived from the natural sciences - mechanical analogies cast in terms of traditional Newtonian physics and expressed in terms of Cartesian logic have been especially popular. Thermodynamics, on the other hand, has been less popular, despite its early application in economics by Stanley Jevons, the father of modern notions of utility maximisation in neoclassical economics, and despite its promotion in economic contexts by Paul Samuelson, the author of the definitive treatise upon which post war neoclassical economic theory was based, namely, his Foundations of Economic Analysis. The general neglect of thermodynamic thinking in economics was brought to our attention by Nicholas Georgescu-Roegen in the late 1960s, by which time economic theory, evidenced in, for example, the Arrow- Debreu general eqUilibrium system, had become so sophisticated that it could not be penetrated by thermodynamical ideas. To Georgescu- Roegen, this presented something of a crisis in economics because neglect of thermodynamics led, in his view, to blindness amongst economists to an economy/environment problem in the global economy.

Engineering economics for the 21st century

Автор: Marnell, Paul,
Название: Engineering economics for the 21st century
ISBN: 1118929039 ISBN-13(EAN): 9781118929032
Издательство: Wiley
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Цена: 19158.00 р.
Наличие на складе: Поставка под заказ.

Описание: Provides a modern presentation that eliminates the seven limitations of past and present engineering economics texts:

  • Contains the 12-FACTOR Calculator, an Excel spreadsheet designed by author to provide the values of the 12 factors of engineering economics for arbitrary values of i, g ( ), and N
  • Contains the ANNUAL and PRESENT WORTH COMPARISON Calculators with Component Replacements forcomparing equipment purchase quotations
  • Defines quasi-simple investments and presents a Step-by-Step procedure for calculating their IRRs and balances
  • Presents a classification of the four common non-simple investments and provides Step-by-Step procedures for calculating their IRRs and balances
  • Compares the different profitability measures for the same investment: pretax IRR, aftertax IRR, aftertax sensitivity analysis, net present value, accounting rate of return, benefit-cost ratio, and payback period

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