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Author: William J. Baumol
Publisher: MIT Press
ISBN: 9780262022453
Category : Business & Economics
Languages : en
Pages : 332
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Book Description
This volume of seventeen previously published essays by William J. Baumol brings together work on the theory of contestable markets, welfare theory, antitrust, pricing, and the history of economic thought. Written between 1971 and 1983, they have sparked productive extensions and criticism in microeconomic theory and provide an engaging intellectual history of one of the leading figures in the field of economics. Baumol introduces each of the book's four parts, presenting his subsequent views on the subjects covered in the reprinted articles, including some important amendments.The book opens with an autobiographical essay that presents the intellectual climate of economics in the 1940s in which Kenneth Arrow, Frank Hahn, Martin Shubik, Otto Eckstein, and Gary Becker were beginning their careers. Baumol's introductory essays to the book's major sections take up the threads from this autobiographical piece and follow them to the development of concepts central to economic theory, applications, and methodology.Three essays in the first part provide an underpinning for the theory of contestable markets. In the second part five essays explore issues in welfare economics such as the role of diminishing and increasing returns may play the role of symmetric obstacles to Pareto optimality. Essays in the third part range from regulation and antitrust to urban economics to the Phillips curve and the pitfalls of using, in the analysis of real issues, dual values derived from linear models when the underlying reality is nonlinear. Those in the concluding part focus on the history of economic ideas such as the Smithian versus Marxian view of business morality and the social interest, the Marxian concept of value transformation, the iron law of wages, and Say's law.William J. Baumol is Professor of Economics by joint appointment at Princeton University and New York University.
Author: William J. Baumol
Publisher: MIT Press
ISBN: 9780262022453
Category : Business & Economics
Languages : en
Pages : 332
Get Book Here
Book Description
This volume of seventeen previously published essays by William J. Baumol brings together work on the theory of contestable markets, welfare theory, antitrust, pricing, and the history of economic thought. Written between 1971 and 1983, they have sparked productive extensions and criticism in microeconomic theory and provide an engaging intellectual history of one of the leading figures in the field of economics. Baumol introduces each of the book's four parts, presenting his subsequent views on the subjects covered in the reprinted articles, including some important amendments.The book opens with an autobiographical essay that presents the intellectual climate of economics in the 1940s in which Kenneth Arrow, Frank Hahn, Martin Shubik, Otto Eckstein, and Gary Becker were beginning their careers. Baumol's introductory essays to the book's major sections take up the threads from this autobiographical piece and follow them to the development of concepts central to economic theory, applications, and methodology.Three essays in the first part provide an underpinning for the theory of contestable markets. In the second part five essays explore issues in welfare economics such as the role of diminishing and increasing returns may play the role of symmetric obstacles to Pareto optimality. Essays in the third part range from regulation and antitrust to urban economics to the Phillips curve and the pitfalls of using, in the analysis of real issues, dual values derived from linear models when the underlying reality is nonlinear. Those in the concluding part focus on the history of economic ideas such as the Smithian versus Marxian view of business morality and the social interest, the Marxian concept of value transformation, the iron law of wages, and Say's law.William J. Baumol is Professor of Economics by joint appointment at Princeton University and New York University.
Author: William J. Baumol
Publisher: Princeton University Press
ISBN: 1400835224
Category : Business & Economics
Languages : en
Pages : 263
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Book Description
An authoritative look at the microeconomics of entrepreneurship Entrepreneurs are widely recognized for the vital contributions they make to economic growth and general welfare, yet until fairly recently entrepreneurship was not considered worthy of serious economic study. Today, progress has been made to integrate entrepreneurship into macroeconomics, but until now the entrepreneur has been almost completely excluded from microeconomics and standard theoretical models of the firm. The Microtheory of Innovative Entrepreneurship provides the framework for introducing entrepreneurship into mainstream microtheory and incorporating the activities of entrepreneurs, inventors, and managers into standard models of the firm. William Baumol distinguishes between the innovative entrepreneur, who comes up with new ideas and puts them into practice, and the replicative entrepreneur, which can be anyone who launches a new business venture, regardless of whether similar ventures already exist. Baumol puts forward a quasi-formal theoretical analysis of the innovative entrepreneur's influential role in economic life. In doing so, he opens the way to bringing innovative entrepreneurship into the accepted body of mainstream microeconomics, and offers valuable insights that can be used to design more effective policies. The Microtheory of Innovative Entrepreneurship lays the foundation for a new kind of microtheory that reflects the innovative entrepreneur's importance to economic growth and prosperity.
Author: Heiner Stuckenschmidt
Publisher: Springer Science & Business Media
ISBN: 3642019064
Category : Computers
Languages : en
Pages : 375
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Book Description
This book constitutes a collection of research achievements mature enough to provide a firm and reliable basis on modular ontologies. It gives the reader a detailed analysis of the state of the art of the research area and discusses the recent concepts, theories and techniques for knowledge modularization. The 13 papers presented in this book were all carefully reviewed before publication. They have been organized in three parts: Part I gives a general introduction to the idea and issues characterizing modularization and offers an in-depth analysis of properties, criteria and knowledge import techniques for modularization. Part II describes four major research proposals for creating modules from an existing ontology either by partitioning an ontology into a collection of modules or by extracting one or more modules from the ontology. Part III reports on collaborative approaches where modules that pre-exist are linked together through mappings to form a virtual large ontology.
Author: Steven Rabin
Publisher: CRC Press
ISBN: 1466565969
Category : Computers
Languages : en
Pages : 630
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Book Description
Successful games merge art and technology in truly unique ways. Fused under tight production deadlines and strict performance requirements, shaped by demanding player expectations, games are among the most complex software projects created today. Game AI Pro: Collected Wisdom of Game AI Professionals covers both the art and the technology of game AI. Nothing covered is theory or guesswork. The book brings together the accumulated wisdom, cutting-edge ideas, and clever tricks and techniques of 54 of today’s top game AI professionals. Some chapters present techniques that have been developed and passed down within the community for years while others discuss the most exciting new research and ideas from today’s most innovative games. The book includes core algorithms that you’ll need to succeed, such as behavior trees, utility theory, spatial representation, path planning, motion control, and tactical reasoning. It also describes tricks and techniques that will truly bring your game to life, including perception systems, social modeling, smart camera systems, player prediction, and even an AI sound designer. Throughout, the book discusses the optimizations and performance enhancements that enable your game to run while maintaining 60 frames per second.
Author: Ralph E. Gomory
Publisher: MIT Press
ISBN: 0262545802
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge firms that benefit from economies of scale. This is very different from the largely agricultural world in which the classical theories originated. Gomory and Baumol show that the new and significant conflicts resulting from international trade are inherent in modern economies.Today improvement in one country's productive capabilities is often attainable only at the expense of another country's general welfare. The authors describe why and when this is so and why, in a modern free-trade environment, a country might have a vital stake in the competitive strength of its industries.
Author: Lawrence A. Boland
Publisher: Routledge
ISBN: 1000116433
Category : Business & Economics
Languages : en
Pages : 360
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Book Description
Many consider Foundations of Economic Method to be Lawrence Boland's best work. This updated edition is radically changed from the original and will be much appreciated by thinkers within economics. The book positions methodology vis-à-vis the current practice of economists and is all the better for it. Yet another book that not only deserves to be read by those within the field of economic methodology, but also by those involved in economics at all. Boland is back.
Author: Zoubida Kedad
Publisher: Springer
ISBN: 3540733515
Category : Computers
Languages : en
Pages : 453
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Book Description
This book constitutes the refereed proceedings of the 12th International Conference on Applications of Natural Language to Information Systems, NLDB 2007, held in Paris, France in June 2007. It covers natural language for database query processing, email management, semantic annotation, text clustering, ontology engineering, natural language for information system design, information retrieval systems, and natural language processing techniques.
Author: Constance Rimmer Tiffany
Publisher: SAGE
ISBN: 9780761902355
Category : Business & Economics
Languages : en
Pages : 420
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Book Description
In a groundbreaking publication, Constance Rimmer Tiffany and Louette R. Johnson Lutjens present a foundation for nurses: understanding of planned change. "Planned Change Theories for Nursing" contains overviews of three widely accepted change theoriesand a new systems-oriented planned change theory and shows the implications of these theories for nursing practice. The first section of this book offers a thoughtful overview of the issues involved in the use of planned change theories, beginning with the rationale for studying planned change theories and important points to consider in choosing among them. The authors then explore the role of power in change and discuss moral and ethical questions involved in planned change. The final chapter in this section addresses the diagnostic process, innovations as solutions, and the evaluation of planned change. Chapter 9 serves as a transition in which the authors reflect on the implications of planned change in a representative nursing model, the well-known Roy Adaptation Model. This chapter also provides a nursing orientation for Part II, in which the authors examine in turn Lewin's micro theories; Bennis, Benne, and Chin's planned change writings; the Rogers Diffusion Model; and Bhola's Configurations Model. For each of these theories or models, the authors present an overview, an analysis and critique, and a discussion entitled, "Altering the Peg," in which the theories are individually viewed in light of the key concepts in the Roy Adaptation Model. The book concludes with a discussion of the theoretical underpinnings for carrying out planned change research and incorporating research findings in nursing practice. In addition, the appendixes provide a wealth of source information for the theories discussed.
Author: Roberto Poli
Publisher: Springer Science & Business Media
ISBN: 9048188474
Category : Philosophy
Languages : en
Pages : 582
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Book Description
Ontology was once understood to be the philosophical inquiry into the structure of reality: the analysis and categorization of ‘what there is’. Recently, however, a field called ‘ontology’ has become part of the rapidly growing research industry in information technology. The two fields have more in common than just their name. Theory and Applications of Ontology is a two-volume anthology that aims to further an informed discussion about the relationship between ontology in philosophy and ontology in information technology. It fills an important lacuna in cutting-edge research on ontology in both fields, supplying stage-setting overview articles on history and method, presenting directions of current research in either field, and highlighting areas of productive interdisciplinary contact. Theory and Applications of Ontology: Computer Applications presents ontology in ways that philosophers are not likely to find elsewhere. The volume offers an overview of current research in ontology, distinguishing basic conceptual issues, domain applications, general frameworks, and mathematical formalisms. It introduces the reader to current research on frameworks and applications in information technology in ways that are sure to invite reflection and constructive responses from ontologists in philosophy.
Author: Sergei Nirenburg
Publisher: MIT Press
ISBN: 9780262140867
Category : Computers
Languages : en
Pages : 458
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Book Description
A comprehensive theory-based approach to the treatment of text meaning in natural language processing applications.
