Do you love stuff? Rachel does. She loves going to stores with her mom and seeing all the exciting new things. Sometimes she wants everything she sees but her mom explains they cannot buy everything. "Hugs and Kisses are Free" addresses this basic issue we all share. Separating the things we want from the things we need. Throughout the story, Rachel comes to understand what is most important in life and it is not stuff. Rachel discovers the best things in life are truly free.
Resistance through rituals is an exhibition, publication and events project developed for the West Space Projects Program that opens itself to multiple lines of research, inquiry and potentiality to locate current working means and methods of a constructive criticality. It matches the crucial but weighty notion of &‘resistance' with a more open-plan sense of ritual, here conceived as the multiple, elaborate, tangible and/or subtle cycles of communication and interaction in which artists and cultural producers are frequently moving. Aligning local and regional practitioners working individually, collaboratively and collectively, an idea of contemporary politicised practice will be articulated via the plural scope and agency of rigorous artist-determined making, media and initiatives. Configuring the political from multiple platforms and perspectives - personal, emotional, organisational - here artists can be seen generating their working contexts to enact a complex and heterogenous productivity.
This book places the current wave of religion-based terrorism in a historical perspective, explaining why religion is associated with terrorism, comparing religion-based terrorism to other forms of terrorism, and documenting how religion-based terrorism is a product of powerful political, socioeconomic, and psychological forces. Religion-based terrorism is perceived as one of the most significant threats to U.S. homeland security in the 21st century. Sacred Terror: How Faith Becomes Lethal makes the central argument that religion-based violence and terrorism is primarily a result of political, socioeconomic, and psychological forces, thereby demystifying religion-based terrorism and revealing its inherent similarity to other forms of terrorism and war. Daniel Price examines religious texts and traditions in Judaism, Christianity, and Islam; looks at the history of religion-based terrorism; and explores why religion facilitates violence. He builds upon this foundation to explain how religion as an ideological force that motivates violence is not as powerful as commonly believed, and that religious fervor is not unlike other non-religious ideologies such as Marxism, nationalism, and anarchism. The work also presents in-depth analysis of the political, socioeconomic, and psychological forces that are behind religion-based violence, and discusses case studies from multiple religions that illustrate the author's argument.
Retail: the Art and Science is the ultimate “how to” book for the retail buyer. While some works may be big on nebulous generalities or filled with grand ideas that are more motivational than practical, this book offers real world lessons and sound explanations that can be applied in retail. Each chapter deals with one of the fundamentals that every merchant needs to understand. An agnostic approach with each topic allows these principles to be applicable to all channels of retail, whether mass market, drugstore, grocery, warehouse club, or specialty. This book is written in an illustrative style with many examples and personal stories that make each subject real. Lofty topics are explained in a real world, understandable fashion. Retail: the Art and Science will be a valuable learning tool for buyers, merchandising executives, retail professionals, even manufacturing and sales
According to the economic theory of the firm, businesses strive to determine the single price that maximizes profits. In fact, many firms can extract more revenue and increase profits with pricing strategies that are far more innovative than the single-price strategy. However, in the world of pricing, there is no Òone size fits allÓ strategy. Some pricing strategies are better suited to some situations than others. Sam's Club, owned by Walmart Stores, Inc., for example, charge a membership fee for the right to purchase the store's inventory whereas Walmart Supercenters do not. If Suddenlink Communications bundles Internet, cable, and phone service to increase profits, why does it also sell the same items separately? Is it true that passengers seated next to each other on the same flight might pay dramatically different fares? Inside you'll learn how various pricing strategies, including price discrimination, two-part tariffs, bundling, peak-load pricing, and dynamic pricing need specific and necessary ingredients in order to succeed. The authors show you how to use microeconomic theory to determine which pricing strategies will succeed, and under what conditions.
Professor Spulber demonstrates how the intermediation theory of the firm explains firm formation by showing why firms arise in a market equilibrium with costly transactions. In addition, the theory helps explain how markets work by.
The primary purpose of this report is to provide information and to describe techniques that will help utilities and others determine the impacts of reduced demand on water utilities. The remainder of the report is organized as follows: Chapter 2, "Methods and Materials", describes the case-study format and the methodology used to collect the data; Chapter 3, "General Concepts," provides an overview of the significant economic and financial analysis concepts used to categorize and analyze the data; Chapter 4, "Profiles of Participating Agencies," describes the participating agencies, including general profiles of each; Chapter 5, "Operating Cost Impacts," details the analytical framework and results for short-term operating costs; Chapter 6, "Revenue Impacts," illustrates how water utility revenues and rates are affected by reduced demand and potential reactions to rate adjustments; Chapter 7, "Long-Term Capital Savings," describes potential savings from capital deferrals or avoidance resulting from demand reduction; Chapter 8, "External Impacts," provides an overview of the impacts that may occur outside of water utilities as the demand for water decreases; Chapter 9, "Conclusions," looks at all the impacts and how the results of this study can be used by utilities.
Demand studies and understanding consumer behavior remain two of the most important areas of analysis by practicing applied economists and econometricians. This book presents research on the estimation of demand systems and the measurement of consumer preferences.
Regulation and Markets provides the up to date, integrated analysis of regulatory policies and the administrative process that is needed in today's field of regulation economics. The book takes a modern perspective, using the tools of industrial organization and game theory. It is the only unified treatment of the field and combines theoretical models with consideration of public policy issues in the areas of antitrust, price regulation, environmental regulation, product quality, and workplace safety. The discussion considers both the welfare effects of regulation and the institutional aspects of the administrative regulatory process. Developments in the fields of law and political science have been integrated in a rigorous manner into the economic framework.Sections of the book address administrative process and market allocation, competition and pricing under increasing returns to scale, administrative regulation of markets, and antitrust enforcement. The conclusion evaluates regulatory policy and deregulation. Extensive literature citations throughout enhance the books value as a reference.
This thought-provoking introduction to economics exposes readers to the workings of the market in a democratic state. The text explains basic economic concepts from a political perspective: how the price mechanism substitutes for central authority in determining production and allocation of goods; the use of demand and supply curves to trace the impacts of tariffs, taxes, subsidies, quotas and patents; and the redistribution of income. Additionally the text explores political topics from an economic perspective, including the avoidance of anarchy and despotism; and the mutual dependence of markets, voting, public administration and law. Relies largely on stories and paradigms to convey important economic concepts. Explains basic economic concepts from a political perspective and explores political topics from an economic perspective. Covers topics such as the price mechanism, demand and supply curves, redistribution of income, anarchy, voting and public administration.
The 7th edition of Applied Calculus focuses on the "Rule of Four" (viewing problems graphically, numerically, symbolically, and verbally) to promote critical thinking to reveal solutions to mathematical problems. This approach reinforces the conceptual understanding necessary to reduce complicated problems to simple procedures without losing sight of the practical value of mathematics. In this edition, the authors continue their focus on introducing different perspectives for students with updated applications, exercises, and an increased emphasis on active learning.
International Marketing presents an innovative, integrated approach to the course, in which marketing concepts are explored in depth within the international context. The authors identify five key factors that impact any international marketing venture-culture, language, political/legal systems, economic systems, and technological/operational differences-and discuss them in relation to the core marketing concepts of markets, products, pricing, distribution (place), and promotion. Uniquely, the book provides discussions of sustainability and "bottom of the pyramid" concepts within each chapter, and is richly illustrated with examples from both multinational companies as well as smaller local concerns. Setting the path for the future direction of this course, the authors provide instructors and students with the first truly international marketing textbook.
Globalization has fundamentally changed the game of business. Strategic frameworks developed for the analysis of purely domestic business necessarily fall short in the international business context. Managers and business students require alternative approaches to understand and cope with these far-reaching changes. We must learn to think globally in order to succeed. Global Competitive Strategy shows how we can do this by providing a unique set of strategic tools for international business. Such tools include the 'star analysis' that allows strategy makers to integrate geographic information with market information about the global business environment. Also introduced is the 'global value connection' that shows managers how to account for the gains from trade and the costs of trade. Aimed at MBA students taking courses in international strategy, consultants and practising managers with responsibility for strategic development, this 2007 book offers a comprehensive strategic framework for gaining competitive advantage in the global marketplace.
This paper examines the distribution of output around capacity when money demand is a nonlinear function of the nominal interest rate such that nominal interest rates cannot become negative. When fluctuations in output result primarily from disturbances to the money market, the variance of output is shown to be an increasing function of the trend inflation rate. When they result from disturbances to the goods market, the variance of output is a decreasing function of the trend inflation rate. When both disturbances are significant, there exists, in general, a critical non-zero trend inflation rate that minimizes the variance of output.
A new edition of the classic text explaining the fundamentals of competitive electricity marketsnow updated to reflect the evolution of these markets and the large scale deployment of generation from renewable energy sources The introduction of competition in the generation and retail of electricity has changed the ways in which power systems function. The design and operation of successful competitive electricity markets requires a sound understanding of both power systems engineering and underlying economic principles of a competitive market. This extensively revised and updated edition of the classic text on power system economics explains the basic economic principles underpinning the design, operation, and planning of modern power systems in a competitive environment. It also discusses the economics of renewable energy sources in electricity markets, the provision of incentives, and the cost of integrating renewables in the grid. Fundamentals of Power System Economics, Second Edition looks at the fundamental concepts of microeconomics, organization, and operation of electricity markets, market participants strategies, operational reliability and ancillary services, network congestion and related LMP and transmission rights, transmission investment, and generation investment. It also expands the chapter on generation investmentsdiscussing capacity mechanisms in more detail and the need for capacity markets aimed at ensuring that enough generation capacity is available when renewable energy sources are not producing due to lack of wind or sun. Retains the highly praised first editions focus and philosophy on the principles of competitive electricity markets and application of basic economics to power system operating and planning Includes an expanded chapter on power system operation that addresses the challenges stemming from the integration of renewable energy sources Addresses the need for additional flexibility and its provision by conventional generation, demand response, and energy storage Discusses the effects of the increased uncertainty on system operation Broadens its coverage of transmission investment and generation investment Supports self-study with end-of-chapter problems and instructors with solutions manual via companion website Fundamentals of Power System Economics, Second Edition is essential reading for graduate and undergraduate students, professors, practicing engineers, as well as all others who want to understand how economics and power system engineering interact.
This book provides a comprehensive and integrated approach to management strategy that is based on economics. A basic introductory strategy text that integrates economic analysis with management strategy, it takes into account global competition and high-tech (Internet) developments, and recognizes that companies today can no longer expect to sustain competitive advantage but must rely on innovation (of products, processes, and transactions). Although many of the principles are illustrated with numerical examples, the text does not require a background course in economics or mathematics, and does not contain technical graphs or equations. Thus, the book is suitable for undergraduate managerial economics and strategy courses, as well as for introductory MBA courses in business strategy and as a companion to case studies.
Mathematical Interest Theory provides an introduction to how investments grow over time. This is done in a mathematically precise manner. The emphasis is on practical applications that give the reader a concrete understanding of why the various relationships should be true. Among the modern financial topics introduced are: arbitrage, options, futures, and swaps. Mathematical Interest Theory is written for anyone who has a strong high-school algebra background and is interested in being an informed borrower or investor. The book is suitable for a mid-level or upper-level undergraduate course or a beginning graduate course. The content of the book, along with an understanding of probability, will provide a solid foundation for readers embarking on actuarial careers. The text has been suggested by the Society of Actuaries for people preparing for the Financial Mathematics exam. To that end, Mathematical Interest Theory includes more than 260 carefully worked examples. There are over 475 problems, and numerical answers are included in an appendix. A companion student solution manual has detailed solutions to the odd-numbered problems. Most of the examples involve computation, and detailed instruction is provided on how to use the Texas Instruments BA II Plus and BA II Plus Professional calculators to efficiently solve the problems. This Third Edition updates the previous edition to cover the material in the SOA study notes FM-24-17, FM-25-17, and FM-26-17.
Between 1979 and 1989, rural life in China was transformed: the communes were dismantled, tiny family farms were created, government domination of commerce and enterprise was eased, and many entrepreneurial ventures were brought to life. China's rural reform was arguably the most massive single act of privatization in history. Although Deng Xiaoping's government claimed credit for the dramatic innovations, Daniel Kelliher shows that it was the peasants themselves--with no organization or legal political voice of their own--who instigated the most radical changes of the reform era. Drawing on his fieldwork in Hubei Province and neighboring provinces in south-central China, Kelliher traces the origins of reform in three areas--family farming, marketing, and private entrepreneurship--and details the local conspiracies, deceptions, and illegal experiments that peasants used to push state policy in new directions. He also addresses the larger issue of how disenfranchised peasants could affect politics at all under a strong state like that of China. Analyzing the evolution of state socialism in China, Kelliher explains how state ambitions for modernization in the post-Mao era made the state-socialist system vulnerable to rising peasant power. He also shows why the state seized upon economic privatization as a way of securing its political base among the peasantry. The book not only offers a wide-ranging portrait of rural politics in contemporary China but also uses the Chinese case to illuminate state-peasant relations, reform in state socialism, and privatization in other third world nations.
This Second Edition arms real estate professionals with a comprehensive approach to the economic factors that both define and affect modern urban areas. The text considers the economics of cities as a whole, instead of separating them. Emphasis is placed on economic theory and empirical studies that are based in economic theory. The book also explores the policy lessons that can be drawn from the use of economics to understand urban areas. Real estate professionals will find new coverage of urban areas around the world to provide a global perspective.
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