Author: Dean Victor Williamson
Publisher: Edward Elgar Publishing
ISBN: 1788979664
Category : Economics
Languages : en
Pages : 257
Book Description
Do institutions matter in economic theory? Or is the economic analysis of institutions a distraction from the most important action? Indeed, does Vernon Smith’s notion of the “institution-free core” of formal economic theory encompass that most important action? To explore this question, this book opens with an informal tour of the economics of system design out of which an economics of adaptation ultimately emerged. The book then offers explorations, via the application of the economics of adaptation in both law and economics relating to how parties manage relationships within the firm, within the context of long-term contracts, and, most vividly, within the context of antitrust conspiracy.
The Economics of Adaptation and Long-term Relationships
Author: Dean Victor Williamson
Publisher: Edward Elgar Publishing
ISBN: 1788979664
Category : Economics
Languages : en
Pages : 257
Book Description
Do institutions matter in economic theory? Or is the economic analysis of institutions a distraction from the most important action? Indeed, does Vernon Smith’s notion of the “institution-free core” of formal economic theory encompass that most important action? To explore this question, this book opens with an informal tour of the economics of system design out of which an economics of adaptation ultimately emerged. The book then offers explorations, via the application of the economics of adaptation in both law and economics relating to how parties manage relationships within the firm, within the context of long-term contracts, and, most vividly, within the context of antitrust conspiracy.
Publisher: Edward Elgar Publishing
ISBN: 1788979664
Category : Economics
Languages : en
Pages : 257
Book Description
Do institutions matter in economic theory? Or is the economic analysis of institutions a distraction from the most important action? Indeed, does Vernon Smith’s notion of the “institution-free core” of formal economic theory encompass that most important action? To explore this question, this book opens with an informal tour of the economics of system design out of which an economics of adaptation ultimately emerged. The book then offers explorations, via the application of the economics of adaptation in both law and economics relating to how parties manage relationships within the firm, within the context of long-term contracts, and, most vividly, within the context of antitrust conspiracy.
Climate Adaptation Engineering
Author: Emilio Bastidas-Arteaga
Publisher: Butterworth-Heinemann
ISBN: 0128168404
Category : Technology & Engineering
Languages : en
Pages : 390
Book Description
Climate Adaptation Engineering defines the measures taken to reduce vulnerability and increase the resiliency of built infrastructure. This includes enhancement of design standards, structural strengthening, utilisation of new materials, and changes to inspection and maintenance regimes, etc. The book examines the known effects and relationships of climate change variables on infrastructure and risk-management policies. Rich with case studies, this resource will enable engineers to develop a long-term, self-sustained assessment capacity and more effective risk-management strategies. The book's authors also take a long-term view, dealing with several aspects of climate change. The text has been written in a style accessible to technical and non-technical readers with a focus on practical decision outcomes. - Provides climate scenarios and their likelihoods, hazard modelling (wind, flood, heatwaves, etc.), infrastructure vulnerability, resilience or exposure (likelihood and extent of damage) - Introduces the key concepts needed to assess the risks, costs and benefits of future proofing infrastructures in a changing climate - Includes case studies authored by experts from around the world
Publisher: Butterworth-Heinemann
ISBN: 0128168404
Category : Technology & Engineering
Languages : en
Pages : 390
Book Description
Climate Adaptation Engineering defines the measures taken to reduce vulnerability and increase the resiliency of built infrastructure. This includes enhancement of design standards, structural strengthening, utilisation of new materials, and changes to inspection and maintenance regimes, etc. The book examines the known effects and relationships of climate change variables on infrastructure and risk-management policies. Rich with case studies, this resource will enable engineers to develop a long-term, self-sustained assessment capacity and more effective risk-management strategies. The book's authors also take a long-term view, dealing with several aspects of climate change. The text has been written in a style accessible to technical and non-technical readers with a focus on practical decision outcomes. - Provides climate scenarios and their likelihoods, hazard modelling (wind, flood, heatwaves, etc.), infrastructure vulnerability, resilience or exposure (likelihood and extent of damage) - Introduces the key concepts needed to assess the risks, costs and benefits of future proofing infrastructures in a changing climate - Includes case studies authored by experts from around the world
The Corporation and the Twentieth Century
Author: Richard N. Langlois
Publisher: Princeton University Press
ISBN: 069124698X
Category : Business & Economics
Languages : en
Pages : 816
Book Description
"Over the course of most of the twentieth century, new technologies drove increasing diversification and specialization within the economy. Du Pont, for example, which invented nylon during the Depression, managed the complexity of widespread diversification by pioneering the decentralized multidivisional organizational structure, which was almost universally adopted in large American firms after World War II. Whereas in the nineteenth century there had been just a handful of employees at their Wilmington headquarters, by 1972 there were perhaps 10,000 managers inhabiting a vast complex at the same location. The conventional wisdom is that this huge trend withdrew large swaths of the American economy from the realm of the free market and entrusted them to a new class of professional managers who had at their disposal increasingly powerful scientific methods of accounting and forecasting. It was the superior ministrations of these managers, apparently, not relative prices, that equilibrated supply and demand and made sure that goods flowed smoothly from raw materials to the final consumer. Economic historian Richard Langlois argues that it wasn't so simple. The Corporation and the Twentieth Century is an accessible account of American business enterprise and administrative planning, looking at both the rise and demise of managerial coordination, and the history of antitrust policy in this context. Offering an authoritative counterpoint to Alfred Chandler's classic The Visible Hand, Langlois shows how historic events in the twentieth century came together to drastically change the organization of American businesses. Contrary to the beliefs of some business historians, he maintains that large managerial corporations arose not because of their superiority, but as a result of systematic technological changes and larger historic forces, and that post-war events such as the Vietnam War and the fall of Bretton Woods culminated in the resurgence of market coordination, in the institutional innovations of deregulation, and in the creation of decentralized new technology. Controversially, Langlois argues that those antitrust policies viewed as successes in the past are in fact failures, and holds that there was never a period during which antitrust kept size, concentration or monopoly at bay"--
Publisher: Princeton University Press
ISBN: 069124698X
Category : Business & Economics
Languages : en
Pages : 816
Book Description
"Over the course of most of the twentieth century, new technologies drove increasing diversification and specialization within the economy. Du Pont, for example, which invented nylon during the Depression, managed the complexity of widespread diversification by pioneering the decentralized multidivisional organizational structure, which was almost universally adopted in large American firms after World War II. Whereas in the nineteenth century there had been just a handful of employees at their Wilmington headquarters, by 1972 there were perhaps 10,000 managers inhabiting a vast complex at the same location. The conventional wisdom is that this huge trend withdrew large swaths of the American economy from the realm of the free market and entrusted them to a new class of professional managers who had at their disposal increasingly powerful scientific methods of accounting and forecasting. It was the superior ministrations of these managers, apparently, not relative prices, that equilibrated supply and demand and made sure that goods flowed smoothly from raw materials to the final consumer. Economic historian Richard Langlois argues that it wasn't so simple. The Corporation and the Twentieth Century is an accessible account of American business enterprise and administrative planning, looking at both the rise and demise of managerial coordination, and the history of antitrust policy in this context. Offering an authoritative counterpoint to Alfred Chandler's classic The Visible Hand, Langlois shows how historic events in the twentieth century came together to drastically change the organization of American businesses. Contrary to the beliefs of some business historians, he maintains that large managerial corporations arose not because of their superiority, but as a result of systematic technological changes and larger historic forces, and that post-war events such as the Vietnam War and the fall of Bretton Woods culminated in the resurgence of market coordination, in the institutional innovations of deregulation, and in the creation of decentralized new technology. Controversially, Langlois argues that those antitrust policies viewed as successes in the past are in fact failures, and holds that there was never a period during which antitrust kept size, concentration or monopoly at bay"--
The Economics of Happiness
Author: Mariano Rojas
Publisher: Springer Nature
ISBN: 3030158357
Category : Business & Economics
Languages : en
Pages : 489
Book Description
This book presents a panoramic view of the implications from Richard Easterlin’s groundbreaking work on happiness and economics. Contributions in the book show the relevance of the Easterlin Paradox to main areas, such as the relationship between income and happiness, the relationship between economic growth and well-being, conceptions of progress and development, design and evaluation of policies for well-being, and the use of happiness research to address welfare economics issues. This book is unique in the sense that it gathers contributions from senior and top researchers in the economics of happiness, whom have played a central role in the consolidation of happiness economics, as well as promising young scholars, showing the current dynamism and consolidation of happiness economics.
Publisher: Springer Nature
ISBN: 3030158357
Category : Business & Economics
Languages : en
Pages : 489
Book Description
This book presents a panoramic view of the implications from Richard Easterlin’s groundbreaking work on happiness and economics. Contributions in the book show the relevance of the Easterlin Paradox to main areas, such as the relationship between income and happiness, the relationship between economic growth and well-being, conceptions of progress and development, design and evaluation of policies for well-being, and the use of happiness research to address welfare economics issues. This book is unique in the sense that it gathers contributions from senior and top researchers in the economics of happiness, whom have played a central role in the consolidation of happiness economics, as well as promising young scholars, showing the current dynamism and consolidation of happiness economics.
Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis
Author: Matthew E. Kahn
Publisher: International Monetary Fund
ISBN: 1513514598
Category : Business & Economics
Languages : en
Pages : 59
Book Description
We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate variables—defined as deviations of temperature and precipitation from their historical norms. Using a panel data set of 174 countries over the years 1960 to 2014, we find that per-capita real output growth is adversely affected by persistent changes in the temperature above or below its historical norm, but we do not obtain any statistically significant effects for changes in precipitation. Our counterfactual analysis suggests that a persistent increase in average global temperature by 0.04°C per year, in the absence of mitigation policies, reduces world real GDP per capita by more than 7 percent by 2100. On the other hand, abiding by the Paris Agreement, thereby limiting the temperature increase to 0.01°C per annum, reduces the loss substantially to about 1 percent. These effects vary significantly across countries depending on the pace of temperature increases and variability of climate conditions. We also provide supplementary evidence using data on a sample of 48 U.S. states between 1963 and 2016, and show that climate change has a long-lasting adverse impact on real output in various states and economic sectors, and on labor productivity and employment.
Publisher: International Monetary Fund
ISBN: 1513514598
Category : Business & Economics
Languages : en
Pages : 59
Book Description
We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate variables—defined as deviations of temperature and precipitation from their historical norms. Using a panel data set of 174 countries over the years 1960 to 2014, we find that per-capita real output growth is adversely affected by persistent changes in the temperature above or below its historical norm, but we do not obtain any statistically significant effects for changes in precipitation. Our counterfactual analysis suggests that a persistent increase in average global temperature by 0.04°C per year, in the absence of mitigation policies, reduces world real GDP per capita by more than 7 percent by 2100. On the other hand, abiding by the Paris Agreement, thereby limiting the temperature increase to 0.01°C per annum, reduces the loss substantially to about 1 percent. These effects vary significantly across countries depending on the pace of temperature increases and variability of climate conditions. We also provide supplementary evidence using data on a sample of 48 U.S. states between 1963 and 2016, and show that climate change has a long-lasting adverse impact on real output in various states and economic sectors, and on labor productivity and employment.
The Skeptical Economist
Author: Jonathan Aldred
Publisher: Routledge
ISBN: 1136552235
Category : Business & Economics
Languages : en
Pages : 289
Book Description
Economics is unavoidably central to any attempt to improve our quality of life, but most people do not know why, or how to question its underlying assumptions. The Skeptical Economist rejects the story told by other popular economics books. Responding to Western malaise about quality of life, and a growing curiosity about economics and its relevance to these concerns, Jonathan Aldred argues that economics is not an agreed body of knowledge or an objective science. In reality economics is built on ethical foundations - distinctive and controversial views about how we ought to live, what we value and why. This revealing and entertaining book exposes these hidden assumptions, and opens up the black box of modern economics to reveal that conventional wisdom is not what it appears to be. The Skeptical Economist will challenge us all to examine the assumptions behind the economics of our current way of life. It rediscovers the ethics at the heart of economics.
Publisher: Routledge
ISBN: 1136552235
Category : Business & Economics
Languages : en
Pages : 289
Book Description
Economics is unavoidably central to any attempt to improve our quality of life, but most people do not know why, or how to question its underlying assumptions. The Skeptical Economist rejects the story told by other popular economics books. Responding to Western malaise about quality of life, and a growing curiosity about economics and its relevance to these concerns, Jonathan Aldred argues that economics is not an agreed body of knowledge or an objective science. In reality economics is built on ethical foundations - distinctive and controversial views about how we ought to live, what we value and why. This revealing and entertaining book exposes these hidden assumptions, and opens up the black box of modern economics to reveal that conventional wisdom is not what it appears to be. The Skeptical Economist will challenge us all to examine the assumptions behind the economics of our current way of life. It rediscovers the ethics at the heart of economics.
Interpersonal Relationships - E-Book
Author: Elizabeth C. Arnold
Publisher: Elsevier Health Sciences
ISBN: 0323328571
Category : Medical
Languages : en
Pages : 576
Book Description
NEW! A greater emphasis on communication, interdisciplinary theory, and interprofessionalism includes a focus on the nursing paradigm, nursing discipline, and ways of knowing. NEW! Focus on QSEN competencies reflects current thinking on technology, safety, and evidence-based practice, especially as they relate to communication in nursing. NEW! Discussion questions at the end of each chapter encourage critical thinking. NEW! Clarity and Safety in Communication chapter addresses topics such as huddles, rounds, handoffs, SBAR, and other forms of communication in health care.
Publisher: Elsevier Health Sciences
ISBN: 0323328571
Category : Medical
Languages : en
Pages : 576
Book Description
NEW! A greater emphasis on communication, interdisciplinary theory, and interprofessionalism includes a focus on the nursing paradigm, nursing discipline, and ways of knowing. NEW! Focus on QSEN competencies reflects current thinking on technology, safety, and evidence-based practice, especially as they relate to communication in nursing. NEW! Discussion questions at the end of each chapter encourage critical thinking. NEW! Clarity and Safety in Communication chapter addresses topics such as huddles, rounds, handoffs, SBAR, and other forms of communication in health care.
Right Relationship
Author: Peter Brown
Publisher: Berrett-Koehler Publishers
ISBN: 1576758559
Category : Business & Economics
Languages : en
Pages : 241
Book Description
Our current economic system is unsustainable. Its fundamental elements, unlimited growth, and endless wealth accumulation fly in the face of the fact that the Earth's resources are clearly finite. In this work, the authors offer a comprehensive new economic model.
Publisher: Berrett-Koehler Publishers
ISBN: 1576758559
Category : Business & Economics
Languages : en
Pages : 241
Book Description
Our current economic system is unsustainable. Its fundamental elements, unlimited growth, and endless wealth accumulation fly in the face of the fact that the Earth's resources are clearly finite. In this work, the authors offer a comprehensive new economic model.
Proceedings of the 1998 Academy of Marketing Science (AMS) Annual Conference
Author: John B. Ford
Publisher: Springer
ISBN: 3319130846
Category : Business & Economics
Languages : en
Pages : 560
Book Description
This volume includes the full proceedings from the 1998 Academy of Marketing Science (AMS) Annual Conference held in Norfolk, Virginia. The research and presentations offered in this volume cover many aspects of marketing science including marketing strategy, consumer behaviour, entrepreneurial marketing, international marketing, advertising, marketing education, among others. Founded in 1971, the Academy of Marketing Science is an international organization dedicated to promoting timely explorations of phenomena related to the science of marketing in theory, research, and practice. Among its services to members and the community at large, the Academy offers conferences, congresses and symposia that attract delegates from around the world. Presentations from these events are published in this Proceedings series, which offers a comprehensive archive of volumes reflecting the evolution of the field. Volumes deliver cutting-edge research and insights, complimenting the Academy’s flagship journals, the Journal of the Academy of Marketing Science (JAMS) and AMS Review. Volumes are edited by leading scholars and practitioners across a wide range of subject areas in marketing science.
Publisher: Springer
ISBN: 3319130846
Category : Business & Economics
Languages : en
Pages : 560
Book Description
This volume includes the full proceedings from the 1998 Academy of Marketing Science (AMS) Annual Conference held in Norfolk, Virginia. The research and presentations offered in this volume cover many aspects of marketing science including marketing strategy, consumer behaviour, entrepreneurial marketing, international marketing, advertising, marketing education, among others. Founded in 1971, the Academy of Marketing Science is an international organization dedicated to promoting timely explorations of phenomena related to the science of marketing in theory, research, and practice. Among its services to members and the community at large, the Academy offers conferences, congresses and symposia that attract delegates from around the world. Presentations from these events are published in this Proceedings series, which offers a comprehensive archive of volumes reflecting the evolution of the field. Volumes deliver cutting-edge research and insights, complimenting the Academy’s flagship journals, the Journal of the Academy of Marketing Science (JAMS) and AMS Review. Volumes are edited by leading scholars and practitioners across a wide range of subject areas in marketing science.
The Handbook of Organizational Economics
Author: Robert Gibbons
Publisher: Princeton University Press
ISBN: 0691132798
Category : Business & Economics
Languages : en
Pages : 1248
Book Description
(E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.
Publisher: Princeton University Press
ISBN: 0691132798
Category : Business & Economics
Languages : en
Pages : 1248
Book Description
(E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.