Andrew Postlewaite's Books

Ignorance and Uncertainty

By: Olivier Compte,Andrew Postlewaite

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Born of a belief that economic insights should not require much mathematical sophistication, this book proposes novel and parsimonious methods to incorporate ignorance and uncertainty into economic modeling, without complex mathematics. Economics has made great strides over the past several decades in modeling agents' decisions when they are incompletely informed, but many economists believe that there are aspects of these models that are less than satisfactory. Among the concerns are that ignorance is not captured well in most models, that agents' presumed cognitive ability is implausible, and that derived optimal behavior is sometimes driven by the fine details of the model rather than the underlying economics. Compte and Postlewaite lay out a tractable way to address these concerns, and to incorporate plausible limitations on agents' sophistication. A central aspect of the proposed methodology is to restrict the strategies assumed available to agents.

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303

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Cambridge University Press

Published Date

ISBN 10

1108386512

ISBN 13

9781108386517

Ignorance and Uncertainty

By: Olivier Compte,Andrew Postlewaite

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Ignorance and Uncertainty

By: Olivier Compte,Andrew Postlewaite

Proposes novel methods to incorporate ignorance and uncertainty into economic modeling without complex mathematics.

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303

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Cambridge University Press

Published Date

ISBN 10

1108422020

ISBN 13

9781108422024

Social Interactions in the Labor Market

By: Andrew Grodner,Thomas J. Kniesner,John A. Bishop

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Social Interactions in the Labor Market

By: Andrew Grodner,Thomas J. Kniesner,John A. Bishop

Social Interactions in the Labor Market addresses the following questions: How do theoretical economic models and their associated econometric representations change when there are social interactions among households? How do policy implications change as the result of estimated households' social interactions? The authors present a unified theoretical and empirical representation of social interactions as they pertain to labor supply and demand and demonstrate the cases where current policy prescriptions are greatly altered by the presence of social interactions. Section 2 examines theoretically the effect of household interdependencies on how a researcher estimates and interprets labor supply and earnings equations. Having examined labor supply issues, Section 3 and give theoretical attention to labor demand. As a further demonstration how the presence of social interactions complicates thinking about economic policy the authors consider overall labor market outcomes and related economic policy further in Section 4 by examining theoretically the socially optimal wealth distribution. Section 5 measures local economic conditions by the county unemployment rate and neighborhood spillover effects by the racial makeup and poverty rate of the county. Lastly, Section 6 examines the econometric details of implementing an empirical model with possible social interactions in labor supply.

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Page Count

118

Publisher

Now Publishers Inc

Published Date

ISBN 10

160198488X

ISBN 13

9781601984883

Far From the Tree

Parents, Children and the Search for Identity

By: Andrew Solomon

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Far From the Tree

Parents, Children and the Search for Identity

By: Andrew Solomon

From the National Book Award-winning author of the "brave...deeply humane...open-minded, critically informed, and poetic" (The New York Times) The Noonday Demon, comes a book about the consequences of extreme personal and cultural differences between parents and children. From the National Book Award-winning author of The Noonday Demon: An Atlas of Depression comes a monumental new work, a decade in the writing, about family. In Far from the Tree, Andrew Solomon tells the stories of parents who not only learn to deal with their exceptional children but also find profound meaning in doing so. Solomon's startling proposition is that diversity is what unites us all. He writes about families coping with deafness, dwarfism, Down syndrome, autism, schizophrenia, multiple severe disabilities, with children who are prodigies, who are conceived in rape, who become criminals, who are transgender. While each of these characteristics is potentially isolating, the experience of difference within families is universal, as are the triumphs of love Solomon documents in every chapter. All parenting turns on a crucial question: to what extent parents should accept their children for who they are, and to what extent they should help them become their best selves. Drawing on forty thousand pages of interview transcripts with more than three hundred families, Solomon mines the eloquence of ordinary people facing extreme challenges. Whether considering prenatal screening for genetic disorders, cochlear implants for the deaf, or gender reassignment surgery for transgender people, Solomon narrates a universal struggle toward compassion. Many families grow closer through caring for a challenging child; most discover supportive communities of others similarly affected; some are inspired to become advocates and activists, celebrating the very conditions they once feared. Woven into their courageous and affirming stories is Solomon's journey to accepting his own identity, which culminated in his midlife decision, influenced by this research, to become a parent. Elegantly reported by a spectacularly original thinker, Far from the Tree explores themes of generosity, acceptance, and tolerance--all rooted in the insight that love can transcend every prejudice. This crucial and revelatory book expands our definition of what it is to be human.

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Page Count

976

Publisher

Simon and Schuster

Published Date

ISBN 10

0743236718

ISBN 13

9780743236713

Teaching Statistics

A Bag of Tricks

By: Andrew Gelman,Deborah Nolan

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Teaching Statistics

A Bag of Tricks

By: Andrew Gelman,Deborah Nolan

Students in the sciences, economics, psychology, social sciences, and medicine take introductory statistics. Statistics is increasingly offered at the high school level as well. However, statistics can be notoriously difficult to teach as it is seen by many students as difficult and boring, if not irrelevant to their subject of choice. To help dispel these misconceptions, Gelman and Nolan have put together this fascinating and thought-provoking book. Based on years of teaching experience the book provides a wealth of demonstrations, examples and projects that involve active student participation. Part I of the book presents a large selection of activities for introductory statistics courses and combines chapters such as, 'First week of class', with exercises to break the ice and get students talking; then 'Descriptive statistics' , collecting and displaying data; then follows the traditional topics - linear regression, data collection, probability and inference. Part II gives tips on what does and what doesn't work in class: how to set up effective demonstrations and examples, how to encourage students to participate in class and work effectively in group projects. A sample course plan is provided. Part III presents material for more advanced courses on topics such as decision theory, Bayesian statistics and sampling.

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Page Count

353

Publisher

OUP Oxford

Published Date

ISBN 10

0191606995

ISBN 13

9780191606991

Towards a Better Global Economy

Policy Implications for Citizens Worldwide in the Twenty-first Century

By: Franklin Allen,Jere Richard Behrman,Nancy Birdsall,Shahrokh Fardoust,Dani Rodrik,Andrew D. Steer,Arvind Subramanian

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Towards a Better Global Economy

Policy Implications for Citizens Worldwide in the Twenty-first Century

By: Franklin Allen,Jere Richard Behrman,Nancy Birdsall,Shahrokh Fardoust,Dani Rodrik,Andrew D. Steer,Arvind Subramanian

Substantial progress in the fight against extreme poverty was made in the last two decades. But the slowdown in global economic growth and significant increases in income inequality in many developed and developing countries raise serious concerns about the continuation of this trend into the 21st century. The time has come to seriously think about how improvements in official global governance, coupled with and reinforced by rising activism of 'global citizens' can lead to welfare-enhancing and more equitable results for global citizens through better national and international policies. This book examines the factors that are most likely to facilitate the process of beneficial economic growth in low-, middle-, and high-income countries. It examines past, present, and future economic growth; demographic changes; the hyperglobalization of trade; the effect of finance on growth; climate change and resource depletion; and the sense of global citizenship and the need for global governance in order to draw longer-term implications, identify policy options for improving the lives of average citizens around the world, and make the case for the need to confront new challenges with truly global policy responses. The book documents how demographic changes, convergence, and competition are likely to bring about massive shifts in the sectoral and geographical composition of global output and employment, as the center of gravity of the global economy moves toward Asia and emerging economies elsewhere. It shows that the legacies of the 2008-09 crisis-high unemployment levels, massive excess capacities, and high debt levels-are likely to reduce the standard of living of millions of people in many countries over a long period of adjustment and that fluctuations in international trade, financial markets, and commodity prices, as well as the tendency of institutions at both the national and international level to favor the interests of the better-off and more powerful pose substantial risks for citizens of all countries. The chapters and their policy implications are intended to stimulate public interest and facilitate the exchange of ideas and policy dialogue.

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561

Published Date

ISBN 10

0198723458

ISBN 13

9780198723455

The Adaptive Markets Hypothesis

An Evolutionary Approach to Understanding Financial System Dynamics

By: Andrew W. Lo,Ruixun Zhang

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The Adaptive Markets Hypothesis

An Evolutionary Approach to Understanding Financial System Dynamics

By: Andrew W. Lo,Ruixun Zhang

The Adaptive Markets Hypothesis (AMH) presents a formal and systematic exposition of a new narrative about financial markets that reconciles rational investor behaviour with periods of temporary financial insanity. In this narrative, intelligent but fallible investors learn from and adapt to randomly shifting environments. Financial markets may not always be efficient, but they are highly competitive, innovative, and adaptive, varying in their degree of efficiency as investor populations and the financial landscape change over time. Andrew Lo and Ruixun Zhang develop the mathematical foundations of the AMH—a simple yet surprisingly powerful set of evolutionary models of behaviour—and then apply these foundations to show how the most fundamental economic behaviours that we take for granted can arise solely through natural selection. Drawing on recent advances in cognitive neuroscience and artificial intelligence, the book also explores how our brain affects economic and financial decision making. The AMH can be applied in many contexts, ranging from designing trading strategies, to managing risk and understanding financial crises, to formulating macroprudential policies to promote financial stability. This volume is a must read for anyone who has ever been puzzled and concerned by the behaviour of financial markets and the implications for their personal wealth, and seeks to learn how best to respond to such behaviour.

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Page Count

801

Publisher

Oxford University Press

Published Date

ISBN 10

0192885693

ISBN 13

9780192885692

The Financial Markets of Hong Kong

By: Andrew F. Freris

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The Financial Markets of Hong Kong

By: Andrew F. Freris

The financial markets of Hong Kong have a reputation for volatility, but careful analysis of past behaviour reveals consistent trends and coherent actions. This study, first published in 1991, at a time of uncertainty before Hong Kong’s transfer to China in 1997, analyses each of the financial markets in the colony, and explains the activities of banks, deposit-taking companies, the stock exchange, and markets in capital, gold, futures, unit trusts, and foreign exchange. Examining these in terms of structure, regulation and in competition, it constitutes not just a description but a thorough analysis of the characteristic dynamics of each market.

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Page Count

278

Publisher

Routledge

Published Date

ISBN 10

0429867123

ISBN 13

9780429867125

Journey's End GCSE Student Guide

By: Andrew Maunder

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Journey's End GCSE Student Guide

By: Andrew Maunder

Written specifically for GCSE students by academics in the field, the Methuen Drama GCSE Guides conveniently gather indispensable resources and tips for successful understanding and writing all in one place, preparing students to approach their exams with confidence. Key features include a critical commentary of the play with extensive, clearly labelled analyses on themes, characters and context. They take studying drama even further with sections on dramatic technique, critical reception, related works, fascinating behind-the-scenes interviews with playwrights, directors or actors, and a helpful glossary of dramatic terms. Unmatched as a theatrical response to the First World War, R. C. Sherriff's Journey's End focuses on the experience of soldiers and the conditions in which they fought and died through a socially diverse regiment of English soldiers hiding in trenches in France. Carefully following the requirements of GCSE English Literature assessment objectives, these studies include expert advice on how to write about modern drama. With featured activities for group study and independent work, they are versatile and valuable to students and teachers alike.

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129

Publisher

Bloomsbury Publishing

Published Date

ISBN 10

1474232302

ISBN 13

9781474232302

Data Analysis Using Regression and Multilevel/Hierarchical Models

By: Andrew Gelman,Jennifer Hill

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Data Analysis Using Regression and Multilevel/Hierarchical Models

By: Andrew Gelman,Jennifer Hill

This book, first published in 2007, is for the applied researcher performing data analysis using linear and nonlinear regression and multilevel models.

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654

Publisher

Cambridge University Press

Published Date

ISBN 10

052168689X

ISBN 13

9780521686891

The Mill on the Floss and Silas Marner

By: Nahem Yousaf,Andrew Maunder

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The Mill on the Floss and Silas Marner

By: Nahem Yousaf,Andrew Maunder

This New Casebook explores the enduring significance of George Eliot's novels The Mill on the Floss (1860) and Silas Marner (1861). Eliot's radical cultural politics and the arrestingly original fictional strategies that characterise two of her most popular novels are explored from a variety of perspectives - feminist, historicist, structuralist and psychoanalytic.

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Page Count

233

Publisher

Bloomsbury Publishing

Published Date

ISBN 10

0230212964

ISBN 13

9780230212961

Popped Culture

A Social History of Popcorn in America

By: Andrew F. Smith

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Popped Culture

A Social History of Popcorn in America

By: Andrew F. Smith

The history, legends, and cookery of America's favorite snack food Whether in movie theaters or sports arenas, at fairs or theme parks, around campfires or family hearths, Americans consume more popcorn by volume than any other snack. To the world, popcorn seems as American as baseball and apple pie. Within American food lore, popcorn holds a special place, for it was purportedly shared by Native Americans at the first Thanksgiving. In Popped Culture, Andrew F. Smith tests such legends against archaeological, agricultural, culinary, and social findings. While debunking many myths, he discovers a flavorful story of the curious kernel's introduction and ever-increasing consumption in North America. Unlike other culinary fads of the nineteenth century, popcorn has never lost favor with the American public. Smith gauges the reasons for its unflagging popularity: the invention of "wire over the fire" poppers, commercial promotion by shrewd producers, the fascination of children with the kernel's magical "pop," and affordability. To explain popcorn's twentieth-century success, he examines its fortuitous association with new technology—radio, movies, television, microwaves—and recounts the brand-name triumphs of American manufacturers and packagers. His familiarity with the history of the snack allows him to form expectations about popcorn's future in the United States and abroad. Smith concludes his account with more than 160 surprising historical recipes for popcorn cookery, including the intriguing use of the snack in custard, hash, ice cream, omelets, and soup.

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298

Publisher

Univ of South Carolina Press

Published Date

ISBN 10

164336281X

ISBN 13

9781643362816

Regression and Other Stories

By: Andrew Gelman,Jennifer Hill,Aki Vehtari

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Regression and Other Stories

By: Andrew Gelman,Jennifer Hill,Aki Vehtari

A practical approach to using regression and computation to solve real-world problems of estimation, prediction, and causal inference.

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551

Publisher

Cambridge University Press

Published Date

ISBN 10

110702398X

ISBN 13

9781107023987

The Luck of Politics

True Tales of Disaster and Outrageous Fortune

By: Andrew Leigh

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The Luck of Politics

True Tales of Disaster and Outrageous Fortune

By: Andrew Leigh

A delightful look at chance and outrageous fortune. In 1968, John Howard missed out on winning the state seat of Drummoyne by just 420 votes. Howard reflects: 'I think back how fortunate I was to have lost.' It left him free to stand for a federal seat in 1974 and become one of Australia's longest-serving prime ministers. In The Luck of Politics, Andrew Leigh weaves together numbers and stories to show the many ways luck can change the course of political events. This is a book full of fascinating facts and intriguing findings. Why is politics more like poker than chess? Does the length of your surname affect your political prospects? What about your gender? From Winston Churchill to George Bush, Margaret Thatcher to Paul Keating, this book will persuade you that luck shapes politics – and that maybe, just maybe, we should avoid the temptation to revere the winners and revile the losers. 'Andrew Leigh takes the simplest idea there is – luck – and threatens to remake your basic understanding of politics with it. Then he succeeds. Lucky for us.' Waleed Aly 'It's rare to find a politician prepared to acknowledge the role of luck – sheer chance – in political success and failure. Andrew Leigh doesn't just acknowledge it, he interrogates it, using fascinating historical anecdotes to illustrate his tale.' Lenore Taylor

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Page Count

192

Publisher

Black Inc.

Published Date

ISBN 10

1925203395

ISBN 13

9781925203394

Human Resource Management and Evolutionary Psychology

By: Andrew R. Timming

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Human Resource Management and Evolutionary Psychology

By: Andrew R. Timming

Answering pressing questions regarding employee selection and mobbing culture in the workplace, Andrew R. Timming explores the unique intersection of the biological sciences and human resource management.

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Page Count

145

Publisher

Edward Elgar Publishing

Published Date

ISBN 10

1788977912

ISBN 13

9781788977913

American Nightfighter Aces of World War 2

By: Warren Thompson,Andrew Thomas

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American Nightfighter Aces of World War 2

By: Warren Thompson,Andrew Thomas

An illustrated description of the famous US Nightfighter aces and their planes. The Americans lagged behind their European contemporaries in military aviation in the late 1930s, and it took the Battle of Britain to awaken America to the necessity of having aircraft that could defend targets against night-time attack by bomber aircraft. This book examines the numerous aircraft types that were used by the US in this role, beginning with the early stop-gap conversions like the TBM Avenger, Lockheed Ventura and the A-20 Havoc (P-70). It goes on to detail the combat history of the newer, radar-equipped Hellcats, Corsairs and Black Widows that were designed to seek out enemy aircraft and which registered most of the kills made by the Navy, Marine Corps and USAAF in 1944–45. With full-colour profiles and rare photographs, this is an absorbing account of an underestimated flying force: the American Nightfighters.

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Bloomsbury Publishing

Published Date

ISBN 10

1846037794

ISBN 13

9781846037795

Book's by Andrew Postlewaite

Ignorance and Uncertainty

Ignorance and Uncertainty

Ignorance and Uncertainty

Ignorance and Uncertainty

Social Interactions in the Labor Market

Social Interactions in the Labor Market

Far From the Tree

Far From the Tree

Teaching Statistics

Teaching Statistics

Towards a Better Global Economy

Towards a Better Global Economy

The Adaptive Markets Hypothesis

The Adaptive Markets Hypothesis

The Financial Markets of Hong Kong

The Financial Markets of Hong Kong

Journey's End GCSE Student Guide

Journey's End GCSE Student Guide

Data Analysis Using Regression and Multilevel/Hierarchical Models

Data Analysis Using Regression and Multilevel/Hierarchical Models

The Mill on the Floss and Silas Marner

The Mill on the Floss and Silas Marner

Popped Culture

Popped Culture

Regression and Other Stories

Regression and Other Stories

The Luck of Politics

The Luck of Politics

Human Resource Management and Evolutionary Psychology

Human Resource Management and Evolutionary Psychology

American Nightfighter Aces of World War 2

American Nightfighter Aces of World War 2

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