Michael Hurwicz's Books

Leonid Hurwicz: Intelligent Designer

How War and the Great Depression Inspired a Nobel Economist

By: Michael Hurwicz

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Leonid Hurwicz: Intelligent Designer

How War and the Great Depression Inspired a Nobel Economist

By: Michael Hurwicz

“A fascinating, exciting story.” — Sylvia Nasar, author of A Beautiful Mind While still in his early 20s, and under Hitler's shadow, Leonid “Leo” Hurwicz (1917-2008) left his home in Warsaw, Poland, seeking safety and a degree at the London School of Economics. The following years, while challenging and potentially life-threatening, contained the seeds of a lifelong intellectual adventure. Leo's story is personal (born a refugee, precarious war years for himself and his Polish-Jewish family, a new life in America), global (revolutions, wars, depressions), ideological (socialism, capitalism, economic planning, free markets) and professional (a sixty-year career as a professor of economics leading ultimately to a Nobel Prize). This book tells his story.

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219

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Academic Studies PRess

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ISBN 13

9798887191362

Leonid Hurwicz: Intelligent Designer

How War and the Great Depression Inspired a Nobel Economist

By: Michael Hurwicz

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Leonid Hurwicz: Intelligent Designer

How War and the Great Depression Inspired a Nobel Economist

By: Michael Hurwicz

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219

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Academic Studies PRess

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ISBN 13

9798887191362

Quiet Revolution in Welfare Economics

By: Michael Albert,Robin Hahnel

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Quiet Revolution in Welfare Economics

By: Michael Albert,Robin Hahnel

This ambitious work presents a critique of traditional welfare theory and proposes a new approach to it. Radical economists Robin Hahnel and Michael Albert argue that an improved theory of social welfare can consolidate and extend recent advances in microeconomic theory, and generate exciting new results as well. The authors show that once the traditional "welfare paradigm" is appropriately modified, a revitalized welfare theory can clarify the relationship between individual and social rationalitya task that continues to be of interest to mainstream and nonmainstream economists alike. Hahnel and Albert show how recent work in the theory of the labor process, externalities, public goods, and endogenous preferences can advance research in welfare theory. In a series of important theorems, the authors extend the concept of Pareto optimality to dynamic contexts with changing preferences and thus highlight the importance of institutional bias. This discussion provides the basis for further analysis of the properties and consequences of private and public enterprise and of markets and central planning. Not surprisingly, Hahnel and Albert reach a number of conclusions at odds with conventional wisdom. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

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455

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Princeton University Press

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ISBN 10

1400887054

ISBN 13

9781400887057

Operations Research

A Practical Introduction

By: Michael Carter,Camille C. Price,Ghaith Rabadi

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Operations Research

A Practical Introduction

By: Michael Carter,Camille C. Price,Ghaith Rabadi

Operations Research: A Practical Introduction is just that: a hands-on approach to the field of operations research (OR) and a useful guide for using OR techniques in scientific decision making, design, analysis and management. The text accomplishes two goals. First, it provides readers with an introduction to standard mathematical models and algorithms. Second, it is a thorough examination of practical issues relevant to the development and use of computational methods for problem solving. Highlights: All chapters contain up-to-date topics and summaries A succinct presentation to fit a one-term course Each chapter has references, readings, and list of key terms Includes illustrative and current applications New exercises are added throughout the text Software tools have been updated with the newest and most popular software Many students of various disciplines such as mathematics, economics, industrial engineering and computer science often take one course in operations research. This book is written to provide a succinct and efficient introduction to the subject for these students, while offering a sound and fundamental preparation for more advanced courses in linear and nonlinear optimization, and many stochastic models and analyses. It provides relevant analytical tools for this varied audience and will also serve professionals, corporate managers, and technical consultants.

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361

Publisher

CRC Press

Published Date

ISBN 10

1498780121

ISBN 13

9781498780124

Mathematical Optimization and Economic Theory

By: Michael D. Intriligator

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Mathematical Optimization and Economic Theory

By: Michael D. Intriligator

A classic account of mathematical programming and control techniques and their applications to static and dynamic problems in economics.

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515

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SIAM

Published Date

ISBN 10

0898715113

ISBN 13

9780898715118

Nonlinear Programming and Variational Inequality Problems

A Unified Approach

By: Michael Patriksson

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Nonlinear Programming and Variational Inequality Problems

A Unified Approach

By: Michael Patriksson

Since I started working in the area of nonlinear programming and, later on, variational inequality problems, I have frequently been surprised to find that many algorithms, however scattered in numerous journals, monographs and books, and described rather differently, are closely related to each other. This book is meant to help the reader understand and relate algorithms to each other in some intuitive fashion, and represents, in this respect, a consolidation of the field. The framework of algorithms presented in this book is called Cost Approxi mation. (The preface of the Ph.D. thesis [Pat93d] explains the background to the work that lead to the thesis, and ultimately to this book.) It describes, for a given formulation of a variational inequality or nonlinear programming problem, an algorithm by means of approximating mappings and problems, a principle for the update of the iteration points, and a merit function which guides and monitors the convergence of the algorithm. One purpose of this book is to offer this framework as an intuitively appeal ing tool for describing an algorithm. One of the advantages of the framework, or any reasonable framework for that matter, is that two algorithms may be easily related and compared through its use. This framework is particular in that it covers a vast number of methods, while still being fairly detailed; the level of abstraction is in fact the same as that of the original problem statement.

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343

Publisher

Springer Science & Business Media

Published Date

ISBN 10

147572991X

ISBN 13

9781475729917

Operations Research

A Practical Introduction

By: Michael W. Carter,Camille C. Price

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Operations Research

A Practical Introduction

By: Michael W. Carter,Camille C. Price

Students with diverse backgrounds will face a multitude of decisions in a variety of engineering, scientific, industrial, and financial settings. They will need to know how to identify problems that the methods of operations research (OR) can solve, how to structure the problems into standard mathematical models, and finally how to apply or develop computational tools to solve the problems. Perfect for any one-semester course in OR, Operations Research: A Practical Introduction answers all of these needs. In addition to providing a practical introduction and guide to using OR techniques, it includes a timely examination of innovative methods and practical issues related to the development and use of computer implementations. It provides a sound introduction to the mathematical models relevant to OR and illustrates the effective use of OR techniques with examples drawn from industrial, computing, engineering, and business applications. Many students will take only one course in the techniques of Operations Research. Operations Research: A Practical Introduction offers them the greatest benefit from that course through a broad survey of the techniques and tools available for quantitative decision making. It will also encourage other students to pursue more advanced studies and provides you a concise, well-structured, vehicle for delivering the best possible overview of the discipline.

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Page Count

411

Publisher

CRC Press

Published Date

ISBN 10

1482274477

ISBN 13

9781482274479

System of Systems Collaborative Formation

By: Michael J. DiMario

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System of Systems Collaborative Formation

By: Michael J. DiMario

A System of Systems (SoS), as distinct from a system of parts, is a system comprised of pre-existing autonomous and interdependent systems. This book provides two unique contributions to the body of knowledge of System of Systems (SoS) theory, management, and engineering. Firstly, it assesses the dynamics of a SoS through the use of five core characteristics, namely autonomy, belonging, connectivity, diversity and emergence. Secondly, it describes a mechanism of collaboration whereby the characteristics of autonomy and belonging are satisficing for the SoS constituents and the resultant emergent behavior provides value for the observer.

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217

Publisher

World Scientific

Published Date

ISBN 10

9814313882

ISBN 13

9789814313889

The Political Economy of Participatory Economics

By: Michael Albert,Robin Hahnel

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The Political Economy of Participatory Economics

By: Michael Albert,Robin Hahnel

With the near bankruptcy of centrally planned economies now apparent and with capitalism seemingly incapable of generating egalitarian outcomes in the first world and economic development in the third world, alternative approaches to managing economic affairs are an urgent necessity. Until now, however, descriptions of alternatives have been unconvincing. Here Michael Albert and Robin Hahnel support the libertarian socialist tradition by presenting a rigorous, well-defined model of how producers and consumers could democratically plan their interconnected activities. After explaining why hierarchical production, inegalitarian consumption, central planning, and market allocations are incompatible with "classlessness," the authors present an alternative model of democratic workers' and consumers' councils operating in a decentralized, social planning procedure. They show how egalitarian consumption and job complexes in which all engage in conceptual as well as executionary labor can be efficient. They demonstrate the ability of their planning procedure to yield equitable and efficient outcomes even in the context of externalities and public goods and its power to stimulate rather than subvert participatory impulses. Also included is a discussion of information management and how simulation experiments can substantiate the feasibility of their model.

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146

Publisher

Princeton University Press

Published Date

ISBN 10

0691216002

ISBN 13

9780691216003

An Introduction to Continuous Optimization

Foundations and Fundamental Algorithms

By: Niclas Andreasson,Anton Evgrafov,Michael Patriksson

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An Introduction to Continuous Optimization

Foundations and Fundamental Algorithms

By: Niclas Andreasson,Anton Evgrafov,Michael Patriksson

This treatment focuses on the analysis and algebra underlying the workings of convexity and duality and necessary/sufficient local/global optimality conditions for unconstrained and constrained optimization problems. 2015 edition.

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515

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Courier Dover Publications

Published Date

ISBN 10

0486802876

ISBN 13

9780486802879

Polycentric Games and Institutions

Readings from the Workshop in Political Theory and Policy Analysis

By: Michael Dean McGinnis

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Polycentric Games and Institutions

Readings from the Workshop in Political Theory and Policy Analysis

By: Michael Dean McGinnis

Uses game theory to model institutions

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564

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University of Michigan Press

Published Date

ISBN 10

0472067141

ISBN 13

9780472067145

Anthropology, Economics, and Choice

By: Michael Chibnik

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Anthropology, Economics, and Choice

By: Michael Chibnik

In the midst of global recession, angry citizens and media pundits often offer simplistic theories about how bad decisions lead to crises. Many economists, however, base their analyses on rational choice theory, which assumes that decisions are made by well-informed, intelligent people who weigh risks, costs, and benefits. Taking a more realistic approach, the field of anthropology carefully looks at the underlying causes of choices at different times and places. Using case studies of choices by farmers, artisans, and bureaucrats drawn from Michael Chibnik's research in Mexico, Peru, Belize, and the United States, Anthropology, Economics, and Choice presents a clear-eyed perspective on human actions and their economic consequences. Five key issues are explored in-depth: choices between paid and unpaid work; ways people deal with risk and uncertainty; how individuals decide whether to cooperate; the extent to which households can be regarded as decision-making units; and the "tragedy of the commons," the theory that social chaos may result from unrestricted access to commonly owned property. Both an accessible primer and an innovative exploration of economic anthropology, this interdisciplinary work brings fresh insight to a timely topic.

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217

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University of Texas Press

Published Date

ISBN 10

0292742452

ISBN 13

9780292742451

The New Economic Systems of Eastern Europe

By: Hohmann,Hans-Hermann Höhmann,Michael Charles Kaser,Karl Christian Thalheim

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The New Economic Systems of Eastern Europe

By: Hohmann,Hans-Hermann Höhmann,Michael Charles Kaser,Karl Christian Thalheim

Monograph comprising a comparison of the economic systems of Eastern European countries - covers the reform of economic administration, economic planning, the foreign trade system, the situation of public enterprises, pricing, CMEA relations, farming, etc. References and statistical tables.

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610

Publisher

Univ of California Press

Published Date

ISBN 10

0520027329

ISBN 13

9780520027329

Unorthodox Marxism

An Essay on Capitalism, Socialism, and Revolution

By: Michael Albert,Robin Hahnel

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Unorthodox Marxism

An Essay on Capitalism, Socialism, and Revolution

By: Michael Albert,Robin Hahnel

This "essay on capitalism, socialism, and revolution" offers a councilist critique of orthodox Marxism and offers, in the place of Marxism, a new view of socialist revolution consistent with modern circumstances.

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388

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South End Press

Published Date

ISBN 10

0896080048

ISBN 13

9780896080041

A Perilous Progress

Economists and Public Purpose in Twentieth-Century America

By: Michael Alan Bernstein

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A Perilous Progress

Economists and Public Purpose in Twentieth-Century America

By: Michael Alan Bernstein

The economics profession in twentieth-century America began as a humble quest to understand the "wealth of nations." It grew into a profession of immense public prestige--and now suffers a strangely withered public purpose. Michael Bernstein portrays a profession that has ended up repudiating the state that nurtured it, ignoring distributive justice, and disproportionately privileging private desires in the study of economic life. Intellectual introversion has robbed it, he contends, of the very public influence it coveted and cultivated for so long. With wit and irony he examines how a community of experts now identified with uncritical celebration of ''free market'' virtues was itself shaped, dramatically so, by government and collective action. In arresting and provocative detail Bernstein describes economists' fitful efforts to sway a state apparatus where values and goals could seldom remain separate from means and technique, and how their vocation was ultimately humbled by government itself. Replete with novel research findings, his work also analyzes the historical peculiarities that led the profession to a key role in the contemporary backlash against federal initiatives dating from the 1930s to reform the nation's economic and social life. Interestingly enough, scholars have largely overlooked the history that has shaped this profession. An economist by training, Bernstein brings a historian's sensibilities to his narrative, utilizing extensive archival research to reveal unspoken presumptions that, through the agency of economists themselves, have come to mold and define, and sometimes actually deform, public discourse. This book offers important, even troubling insights to readers interested in the modern economic and political history of the United States and perplexed by recent trends in public policy debate. It also complements a growing literature on the history of the social sciences. Sure to have a lasting impact on its field, A Perilous Progress represents an extraordinary contribution of gritty empirical research and conceptual boldness, of grand narrative breadth and profound analytical depth.

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377

Publisher

Princeton University Press

Published Date

ISBN 10

1400865085

ISBN 13

9781400865086

Game Theory

By: Michael Maschler,Shmuel Zamir,Eilon Solan

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Game Theory

By: Michael Maschler,Shmuel Zamir,Eilon Solan

This new edition is unparalleled in breadth of coverage, thoroughness of technical explanations and number of worked examples.

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1053

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Cambridge University Press

Published Date

ISBN 10

1108493459

ISBN 13

9781108493451

Family Mediation

By: Howard H. Irving,Michael Benjamin

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Family Mediation

By: Howard H. Irving,Michael Benjamin

Family mediation has quickly become a significant means of legal dispute resolution, recognized in most North American jurisdictions as a relief to already overburdened judicial systems. Using an innovative practical approach, the authors of Family Mediation incorporate the pivotal principals of family therapy into this new context - the judicial realm of family mediation. The practice model - therapeutic family mediation - thoroughly treats history specific issues, and practice in an ecosystemic approach and responds to the feminist critique of mediation.

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487

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SAGE

Published Date

ISBN 10

0803971273

ISBN 13

9780803971271

Earnings Management, Fintech-Driven Incentives and Sustainable Growth

On Complex Systems, Legal and Mechanism Design Factors

By: Michael I. C. Nwogugu

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Earnings Management, Fintech-Driven Incentives and Sustainable Growth

On Complex Systems, Legal and Mechanism Design Factors

By: Michael I. C. Nwogugu

Traditional research about Financial Stability and Sustainable Growth typically omits Earnings Management (as a broad class of misconduct), Complex Systems Theory, Mechanism Design Theory, Public Health, psychology issues, and the externalities and psychological effects of Fintech. Inequality, Environmental Pollution, Earnings Management opportunities, the varieties of complex Financial Instruments, Fintech, Regulatory Fragmentation, Regulatory Capture and real-financial sector-linkages are growing around the world, and these factors can have symbiotic relationships. Within Complex System theory framework, this book analyzes these foregoing issues, and introduces new behaviour theories, Enforcement Dichotomies, and critiques of models, regulations and theories in several dimensions. The issues analyzed can affect markets, and evolutions of systems, decision-making, "nternal Markets and risk-perception within government regulators, operating companies and investment entities, and thus they have Public Policy implications. The legal analysis uses applicable US case-law and statutes (which have been copied by many countries, and are similar to those of many common-law countries). Using Qualitative Reasoning, Capital Dynamics Theory (a new approach introduced in this book), Critical Theory and elements of Mechanism Design Theory, the book aims to enhance cross-disciplinary analysis of the above-mentioned issues; and to help researchers build better systems/Artificial-Intelligence/mathematical models in Financial Stability, Portfolio Management, Policy-Analysis, Asset Pricing, Contract Theory, Enforcement Theory and Fraud Detection. The primary audience for this book consists of university Professors, PHD students and PHD degree-holders (in industries, government agencies, financial services companies and research institutes). The book can be used as a primary or supplementary textbook for graduate courses in Regulation; Capital Markets; Law & Economics, International Political Economy and or Mechanism Design (Applied Math, Operations Research, Computer Science or Finance).

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275

Publisher

Routledge

Published Date

ISBN 10

1317146557

ISBN 13

9781317146551

Comparative Economics

By: John-Michael Montias

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Comparative Economics

By: John-Michael Montias

First published in 1994. The reasons, methods, and outcomes of system change in general, and in Russia and Eastern Europe in particular are analyzed, using the analytical apparatus developed in the monograph.

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244

Publisher

Taylor & Francis

Published Date

ISBN 10

1000946096

ISBN 13

9781000946093

In Hitler's Munich

Jews, the Revolution, and the Rise of Nazism

By: Michael Brenner

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In Hitler's Munich

Jews, the Revolution, and the Rise of Nazism

By: Michael Brenner

From acclaimed historian Michael Brenner, a mesmerizing portrait of Munich in the early years of Hitler's quest for power In the aftermath of Germany's defeat in World War I and the failed November Revolution of 1918–19, the conservative government of Bavaria identified Jews with left-wing radicalism. Munich became a hotbed of right-wing extremism, with synagogues under attack and Jews physically assaulted in the streets. It was here that Adolf Hitler established the Nazi movement and developed his antisemitic ideas. Michael Brenner provides a gripping account of how Bavaria's capital city became the testing ground for Nazism and the Final Solution. In an electrifying narrative that takes readers from Hitler's return to Munich following the armistice to his calamitous Beer Hall Putsch in 1923, Brenner demonstrates why the city's transformation is crucial for understanding the Nazi era and the tragedy of the Holocaust. Brenner describes how Hitler and his followers terrorized Munich's Jews and were aided by politicians, judges, police, and ordinary residents. He shows how the city's Jews responded to the antisemitic backlash in many different ways—by declaring their loyalty to the state, by avoiding public life, or by abandoning the city altogether. Drawing on a wealth of previously unknown documents, In Hitler's Munich reveals the untold story of how a once-cosmopolitan city became, in the words of Thomas Mann, "the city of Hitler.

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392

Publisher

Princeton University Press

Published Date

ISBN 10

0691205418

ISBN 13

9780691205410

Information, Social Relations and the Economics of High Technology

By: Michael Perelman

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Information, Social Relations and the Economics of High Technology

By: Michael Perelman

A discussion of various types of capitalism and the evolution of the firm. The book examines the concept of the firm in the context of class conflict and considers markets as an impediment to economic process. Finally the book examines the use of computer software as a public good.

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249

Publisher

Springer

Published Date

ISBN 10

1349111619

ISBN 13

9781349111619

Companion to Contemporary Economic Thought

By: Michael Bleaney,David Greenaway,Dr Ian Stewart,Ian Stewart

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Companion to Contemporary Economic Thought

By: Michael Bleaney,David Greenaway,Dr Ian Stewart,Ian Stewart

* 41 in-depth essays cover current economic theory and applied economics in a single, comprehensive volume * Interfaces section considers economics as it relates to other disciplines * Extensive notes, bibliographies and suggestions for further reading; detailed index of Topics and People `A treasure-house of stimulating argument and vast amounts of, mostly, well marshalled information. The market for general survey volumes, while already crowded, should surely find room for this offering.' - The World Economy `The work under review scores very high marks.' - The Economic Journal `The chapters are written by people who are excellently qualified and frequently well-known in their field ... The book's strengths lie in the range of contributors, the very high quality of most of the contributors and its emphasis on applied economics. For these reasons alone it is an important book, which will be invaluable both to students and to economists wishing to learn about developments in other branches of their discipline.' - Economica

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947

Publisher

Routledge

Published Date

ISBN 10

1134973381

ISBN 13

9781134973385

Transaction Cost Economics and Beyond

Toward a New Economics of the Firm

By: Michael Dietrich

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Transaction Cost Economics and Beyond

Toward a New Economics of the Firm

By: Michael Dietrich

In recent years transaction cost economics have come to dominate the discussion of the nature and organization of firms. In Transaction Costs Economics and Beyond Michael Dietrich offers a critical exploration of transaction costs. He argues that whilst they have much to offer, they are still an inadequate basis for a general theory of the firm. Drawing on theories of organizational behaviour as well as economics, he concludes by offering a theory of the firm that allows for both hierarchical and creative decision making.

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201

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Routledge

Published Date

ISBN 10

1134909829

ISBN 13

9781134909827

A Profile of Jonathan Miller

By: Michael Romain

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A Profile of Jonathan Miller

By: Michael Romain

An exploration of the career of the important and prolific theatre director Jonathan Miller.

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256

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Cambridge University Press

Published Date

ISBN 10

0521409535

ISBN 13

9780521409537

Not Our Kind

By: Lucy A. Snyder,Alex Bledsoe,Maurice Broaddus,Ekaterina Sedia,Jennifer Brozek,Amanda C. Davis,Sarah Hans,Janet Harriett,Tyler Hayes,Michael Haynes,Erika Holt,Gary Kloster,Marissa Lingen,Remy Nakamura,Andrew Romine,Juliette Wade,Tim Waggoner,Damien A. Walters

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Not Our Kind

When you talk about outsiders, it's easy to think about that sense of isolation when you're not one of the "popular kids" in high school, when you're the new person on the job, when you stand out in a bad way. But there's more than that. There's the sense of wonder at a new, alien place. There's seeing everything you know through a new, different point of view. These stories defy expectations and easy genre boundaries. But if you want that sense of wonder and amazement when you first encountered speculative fiction, that idea that there is something different, something more just around the corner, just out of sight, that sense of coming home to the unfamiliar, then this is the book you want to read. Edited by Nayad Monroe - who also edited What Fates Impose - these nineteen stories bring us tales of being the other, of belonging, and not belonging.

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302

Publisher

Alliteration Ink

Published Date

ISBN 10

1939840252

ISBN 13

9781939840257

Networking Explained

By: Michael Gallo,William M. Hancock PhD CISSP CISM

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Networking Explained

By: Michael Gallo,William M. Hancock PhD CISSP CISM

Networking Explained 2e offers a comprehensive overview of computer networking, with new chapters and sections to cover the latest developments in the field, including voice and data wireless networking, multimedia networking, and network convergence. Gallo and Hancock provide a sophisticated introduction to their subject in a clear, readable format. These two top networking experts answer hundreds of questions about hardware, software, standards, and future directions in network technology. - Wireless networks - Convergence of voice and data - Multimedia networking

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689

Publisher

Elsevier

Published Date

ISBN 10

0080512593

ISBN 13

9780080512594

Prophets of the Past

Interpreters of Jewish History

By: Michael Brenner

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Prophets of the Past

Interpreters of Jewish History

By: Michael Brenner

Prophets of the Past is the first book to examine in depth how modern Jewish historians have interpreted Jewish history. Michael Brenner reveals that perhaps no other national or religious group has used their shared history for so many different ideological and political purposes as the Jews. He deftly traces the master narratives of Jewish history from the beginnings of the scholarly study of Jews and Judaism in nineteenth-century Germany; to eastern European approaches by Simon Dubnow, the interwar school of Polish-Jewish historians, and the short-lived efforts of Soviet-Jewish historians; to the work of British and American scholars such as Cecil Roth and Salo Baron; and to Zionist and post-Zionist interpretations of Jewish history. He also unravels the distortions of Jewish history writing, including antisemitic Nazi research into the "Jewish question," the Soviet portrayal of Jewish history as class struggle, and Orthodox Jewish interpretations of history as divinely inspired. History proved to be a uniquely powerful weapon for modern Jewish scholars during a period when they had no nation or army to fight for their ideological and political objectives, whether the goal was Jewish emancipation, diasporic autonomy, or the creation of a Jewish state. As Brenner demonstrates in this illuminating and incisive book, these historians often found legitimacy for these struggles in the Jewish past.

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318

Publisher

Princeton University Press

Published Date

ISBN 10

1400836611

ISBN 13

9781400836611

Crisis, Stabilization, and Economic Reform

Therapy by Consensus

By: Michael Bruno

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Crisis, Stabilization, and Economic Reform

Therapy by Consensus

By: Michael Bruno

This book authoritatively considers the phenomenon of the severe economic crises of the 1970s and 1980s, as exemplified by the combination of high inflation and negative growth in Israel and Latin America. The author analyses the common characteristics of such processes and their possible cures–with a detailed first-hand account of Israeli stabilization policy, and a comparative policy-oriented analysis of Latin American reforms. Professor Bruno also calls on his experience to give a preliminary evaluation of recent stabilizations and reform attempts in several East European economies. The discussion of the theoretical underpinnings of `shock' treatments provides a good example for the blending of a number of disciplines: lessons of economic history; open economy monetary and macro theory; game-theoretic applications to the theory of economic policy design (concepts such as dynamic inconsistency, government reputation, and credibility); and the rationalization of incomes policy. The Clarendon Lectures in Economics were established in 1987. They consist of coherent sets of three or four lectures given by distinguished economists which are accessible to advanced undergraduates and also of interest to academics. Subjects vary from high theory and applications of theory to policy-oriented topics. Lecturers include Professors J.-M. Grandmont, David Kreps, Kenneth Arrow, Angus Deaton, Robert Schiller, and Oliver Hart.

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326

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Clarendon Press

Published Date

ISBN 10

0191521566

ISBN 13

9780191521560

Mathematical Analysis and Optimization for Economists

By: Michael J. Panik

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Mathematical Analysis and Optimization for Economists

By: Michael J. Panik

In Mathematical Analysis and Optimization for Economists, the author aims to introduce students of economics to the power and versatility of traditional as well as contemporary methodologies in mathematics and optimization theory; and, illustrates how these techniques can be applied in solving microeconomic problems. This book combines the areas of intermediate to advanced mathematics, optimization, and microeconomic decision making, and is suitable for advanced undergraduates and first-year graduate students. This text is highly readable, with all concepts fully defined, and contains numerous detailed example problems in both mathematics and microeconomic applications. Each section contains some standard, as well as more thoughtful and challenging, exercises. Solutions can be downloaded from the CRC Press website. All solutions are detailed and complete. Features Contains a whole spectrum of modern applicable mathematical techniques, many of which are not found in other books of this type. Comprehensive and contains numerous and detailed example problems in both mathematics and economic analysis. Suitable for economists and economics students with only a minimal mathematical background. Classroom-tested over the years when the author was actively teaching at the University of Hartford. Serves as a beginner text in optimization for applied mathematics students. Accompanied by several electronic chapters on linear algebra and matrix theory, nonsmooth optimization, economic efficiency, and distance functions available for free on www.routledge.com/9780367759018.

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343

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CRC Press

Published Date

ISBN 10

1000408841

ISBN 13

9781000408843

Big Data: Conceptual Analysis and Applications

By: Michael Z. Zgurovsky,Yuriy P. Zaychenko

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Big Data: Conceptual Analysis and Applications

By: Michael Z. Zgurovsky,Yuriy P. Zaychenko

The book is devoted to the analysis of big data in order to extract from these data hidden patterns necessary for making decisions about the rational behavior of complex systems with the different nature that generate this data. To solve these problems, a group of new methods and tools is used, based on the self-organization of computational processes, the use of crisp and fuzzy cluster analysis methods, hybrid neural-fuzzy networks, and others. The book solves various practical problems. In particular, for the tasks of 3D image recognition and automatic speech recognition large-scale neural networks with applications for Deep Learning systems were used. Application of hybrid neuro-fuzzy networks for analyzing stock markets was presented. The analysis of big historical, economic and physical data revealed the hidden Fibonacci pattern about the course of systemic world conflicts and their connection with the Kondratieff big economic cycles and the Schwabe–Wolf solar activity cycles. The book is useful for system analysts and practitioners working with complex systems in various spheres of human activity.

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298

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Springer

Published Date

ISBN 10

3030142981

ISBN 13

9783030142988

Elinor Ostrom and the Bloomington School of Political Economy

A Framework for Policy Analysis

By: Daniel H. Cole,Michael D. McGinnis

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Elinor Ostrom and the Bloomington School of Political Economy

A Framework for Policy Analysis

By: Daniel H. Cole,Michael D. McGinnis

In addition to winning the 2009 Nobel Prize in Economic Sciences for her path-breaking research on “economic governance, especially the commons,” Elinor (Lin) Ostrom also made important contributions to other fields of political economy and public policy. This four-volume compendium of papers written by Lin (often with coauthors, most notably her husband, Vincent), along with papers by others expanding on her work, brings together the strands of her entire empirical, analytical, theoretical, and methodological research program. Together with Vincent’s important theoretical contributions, they defined a distinctive “Bloomington School” of political-economic thought. Volume 3 collects explores the historical development of the Institutional Analysis and Development (IAD) framework, illustrates its application to a wide range of specific policy problems, and highlights recent extensions that ensure it will remain a vibrant focus of research for years to come. The IAD framework emerged from a long series of interdisciplinary collaborative research projects, but the guiding figure in its development was Elinor Ostrom. Anyone familiar with the full range of her research will recognize common presuppositions and themes for which she used the IAD framework as an organizing device. This book collects examples of policy-relevant applications of IAD to a wide range of policy sectors. In a fundamental sense, the IAD framework helps us understand how Ostrom’s mind worked when she approached a particular problem of policy, and it highlights those factors that she asserted needed to be considered in any complete analysis. Unfortunately, she did not leave us a complete or definitive guidebook on how to apply this framework. This volume collects important components of such a guidebook from a wide range of sources, including previously unpublished papers, and as such it should help anyone seeking to use this framework to analyze a variety of policy areas.

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457

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Lexington Books

Published Date

ISBN 10

0739191101

ISBN 13

9780739191101

Theory of Markets

By: Michael G. Allingham

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Theory of Markets

By: Michael G. Allingham

Aimed at students of economic theory and finance, this book examines the relation between the prices prevailing in the markets and the characteristics of the various market participants. It demonstrates how prices are formed, how they change and other properties of markets.

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129

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Springer

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ISBN 10

1349102652

ISBN 13

9781349102655

Engineering Electronic Negotiations

A Guide to Electronic Negotiation Technologies for the Design and Implementation of Next-Generation Electronic Markets- Future Silkroads of ECommerce

By: Michael Ströbel

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Engineering Electronic Negotiations

A Guide to Electronic Negotiation Technologies for the Design and Implementation of Next-Generation Electronic Markets- Future Silkroads of ECommerce

By: Michael Ströbel

Michael Ströbel worked for several years as a software engineer and consultant in the German IT industry before joining IBM Research in Switzerland, where he developed his interest in support for negotiations in electronic markets. During his career in research, he has published several articles on this topic in major international conferences and journals and received a PhD from the University of St.Gallen, Switzerland. Based on his experiences and contributions, the author discusses electronic negotiation technologies - key ingredients for the next generation of electronic markets - from a scientific as well as a practitioner's perspective. He reviews the state-of-the-art and then introduces novel support mechanisms and design elements, which are applied in a number of case studies. This book is geared towards technicians interested in E-Commerce application development but also offers extensive background reading for educational purposes.

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328

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Springer Science & Business Media

Published Date

ISBN 10

0306474131

ISBN 13

9780306474132

Foundations of Mathematical Economics

By: Michael Carter

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Foundations of Mathematical Economics

By: Michael Carter

This book provides a comprehensive introduction to the mathematical foundations of economics, from basic set theory to fixed point theorems and constrained optimization. Rather than simply offer a collection of problem-solving techniques, the book emphasizes the unifying mathematical principles that underlie economics. Features include an extended presentation of separation theorems and their applications, an account of constraint qualification in constrained optimization, and an introduction to monotone comparative statics. These topics are developed by way of more than 800 exercises. The book is designed to be used as a graduate text, a resource for self-study, and a reference for the professional economist.

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678

Publisher

MIT Press

Published Date

ISBN 10

0262531925

ISBN 13

9780262531924

Book's by Michael Hurwicz

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