A Theory of International Trade Under Uncertainty

A Theory of International Trade Under Uncertainty PDF Author: Elhanan Helpman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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Book Description

A Theory of International Trade Under Uncertainty

A Theory of International Trade Under Uncertainty PDF Author: Elhanan Helpman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 216

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Book Description


Uncertainty and the Theory of International Trade

Uncertainty and the Theory of International Trade PDF Author: E. Grinols
Publisher: Taylor & Francis
ISBN: 1136454721
Category : Business & Economics
Languages : en
Pages : 112

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Book Description
This book considers the impact of uncertainty on traditional theories of international trade.

Risk, Uncertainty and Profit

Risk, Uncertainty and Profit PDF Author: Frank H. Knight
Publisher: Cosimo, Inc.
ISBN: 1602060053
Category : Business & Economics
Languages : en
Pages : 401

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Book Description
A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

Protean Power

Protean Power PDF Author: Peter J. Katzenstein
Publisher: Cambridge University Press
ISBN: 1108425178
Category : Political Science
Languages : en
Pages : 383

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Book Description
Mainstream international relations continues to assume that the world is governed by calculable risk based on estimates of power, despite repeatedly being surprised by unexpected change. This ground breaking work departs from existing definitions of power that focus on the actors' evolving ability to exercise control in situations of calculable risk. It introduces the concept of 'protean power', which focuses on the actors' agility as they adapt to situations of uncertainty. Protean Power uses twelve real world case studies to examine how the dynamics of protean and control power can be tracked in the relations among different state and non-state actors, operating in diverse sites, stretching from local to global, in both times of relative normalcy and moments of crisis. Katzenstein and Seybert argue for a new approach to international relations, where the inclusion of protean power in our analytical models helps in accounting for unforeseen changes in world politics.

Entrepreneurial Action

Entrepreneurial Action PDF Author: Andrew C. Corbett
Publisher: Emerald Group Publishing
ISBN: 1780529015
Category : Business & Economics
Languages : en
Pages : 327

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Book Description
Volume 14 addresses the central issue of entrepreneurial action: while many factors are important to the phenomenon of entrepreneurship, entrepreneurship does not happen until someone takes action!

Theory of International Trade

Theory of International Trade PDF Author: Avinash K. Dixit
Publisher: Cambridge University Press
ISBN: 9780521299695
Category : Business & Economics
Languages : en
Pages : 352

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Book Description
This book emphasizes that a trading equilibrium is general rather than partial, and is often best modeled using dual or envelope functions.

The Pure Theory of International Trade Under Uncertainty

The Pure Theory of International Trade Under Uncertainty PDF Author: Raveendra N. Batra
Publisher:
ISBN: 9781349022090
Category : Commerce
Languages : en
Pages : 135

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Book Description


Pandora's Risk

Pandora's Risk PDF Author: Kent Osband
Publisher: Columbia University Press
ISBN: 0231151721
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
Author of the acclaimed work Iceberg Risk: An Adventure in Portfolio Theory, Kent Osband argues that uncertainty is central rather than marginal to finance. Markets don't trade mainly on changes in risk. They trade on changes in beliefs about risk, and in the process, markets unite, stretch, and occasionally defy beliefs. Recognizing this truth would make a world of difference in investing. Belittling uncertainty has created a rift between financial theory and practice and within finance theory itself, misguiding regulation and stoking huge financial imbalances. Sparking a revolution in the mindset of the investment professional, Osband recasts the market as a learning machine rather than a knowledge machine. The market continually errs, corrects itself, and makes new errors. Respecting that process, without idolizing it, will promote wiser investment, trading, and regulation. With uncertainty embedded at its core, Osband's rational approach points to a finance theory worthy of twenty-first-century investing.

A Theory of International Trade Under Uncertainty

A Theory of International Trade Under Uncertainty PDF Author: Elhanan Helpman
Publisher: Academic Press
ISBN: 148327151X
Category : Political Science
Languages : en
Pages : 203

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Book Description
A Theory of International Trade Under Uncertainty analyzes international trade in goods and securities in the presence of uncertainty using an integrated general equilibrium framework that recognizes the dependence of markets for goods on financial markets and vice versa. The usefulness of this approach is demonstrated by means of applications to questions such as the effects of international trade on resource allocation, tariff policy, and intervention in financial capital markets. Results which are important for theoretical as well as policy oriented applications are presented. Comprised of 11 chapters, this volume begins with an introduction to some of the fundamental elements of the deterministic Ricardian and Heckscher-Ohlin theories of international trade. Relevant elements from the theory of decision making under uncertainty are then discussed, along with the behavior of firms and consumers-investors in an economy with stock markets. Subsequent chapters focus on problems of commercial policy; gains from trade in goods and securities; and issues of intervention in financial capital markets. The book concludes by describing a dynamic model of international trade that contains an infinite horizon and takes into account the trade-off between present period consumption and savings. An example that illustrates an equilibrium structure of the dynamic model is presented. This monograph is intended for economists who are interested in international trade or international finance, including graduate students who specialize in these fields.

The Multinational Enterprise and the Emergence of the Global Factory

The Multinational Enterprise and the Emergence of the Global Factory PDF Author: Peter J. Buckley
Publisher: Springer
ISBN: 1137402385
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
The Multinational Enterprise and the Emergence of the Global Factory brings together research papers authored by Peter J. Buckley, focusing on three of the most important empirical and theoretical issues in the global economy: the rise of the 'global factory'; the growth of FDI from emerging economies; recent developments in the theory of IB.