Pierre Salmon (Professor of economics)'s Books

Yardstick Competition Among Governments

Accountability and Policymaking when Citizens Look Across Borders

By: Pierre Salmon (Professor of economics)

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Yardstick Competition Among Governments

Accountability and Policymaking when Citizens Look Across Borders

By: Pierre Salmon (Professor of economics)

Measuring government effectiveness is essential to ensuring accountability, as is an informed public that is willing and able to hold elected officials and policy-makers accountable. There are various forms of measurement, including against prior experience or compared to some ideal. In Yardstick Competition among Governments, Pierre Salmon argues that a more effective and insightful approach is to use common measures across a variety of countries, state, or other relevant political and economic districts. This facilitates and enables citizens comparing policy outputs in their own jurisdictions with those of others. An advantage of this approach is that it reduces information asymmetries between citizens and public officials, decreasing the costs of monitoring by the former of the latter -along the lines of principal-agent theory. These comparisons can have an effect on citizens' support to incumbents and, as a consequence, also on governments' decisions. By increasing transparency, comparisons by common yardsticks can decrease the influence of interest groups and increase the focus on broader concerns, whether economic growth or others. Salmon takes up complicating factors such as federalism and other forms of multi-level governance, where responsibility can become difficult to disentangle and accountability a challenge. Salmon also highlights the importance of publics with heterogeneous preferences, including variations in how voters interpret their roles, functions, or tasks. This results in the coexistence within the same electorate of different types of voting behavior, not all of them forward-looking. In turn, when incumbents face such heterogeneity, they can treat the response to their decisions as an aggregate non-strategic relation between comparative performance and expected electoral support. Combining theoretical, methodological, and empirical research, Salmon demonstrates how yardstick competition among governments, a consequence of the possibility that citizens look across borders, is a very significant, systemic dimension of governance both at the local and at the national levels.

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273

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ISBN 10

0190499168

ISBN 13

9780190499167

Multijuralism

Manifestations, Causes, and Consequences

By: Albert Breton,Anne des Ormeaux,Katharina Pistor,Pierre Salmon

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Multijuralism

Manifestations, Causes, and Consequences

By: Albert Breton,Anne des Ormeaux,Katharina Pistor,Pierre Salmon

At one level of generality, multijuralism is the coexistence of two or more legal systems or sub-systems within a broader normative legal order to which they adhere, such as the existence of civil and common law systems within the EU. However, at a finer level of analysis multijuralism is a more widespread or common phenomenon and a more fluid reality than the civil law/common law distinction suggests. The papers in this study are therefore rooted in the latter frame of reference. They explore various types of multijural manifestations from the harmonizing potential of international treaties to indigenous law and the use of hard and soft pluralism. In addition, the authors consider the external events which are not part of the processes of multijural adjustment but which serve to influence these processes. Included among these important external events are European integration, the growing importance accorded to human rights, the international practice of law, the growth of the Internet, the globalization of markets and the flow of immigrants. This volume represents some of the most current thinking in the area of multijuralism and is essential reading for anyone interested in the coexistence of legal systems or sub-systems.

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Page Count

205

Publisher

Routledge

Published Date

ISBN 10

1351152866

ISBN 13

9781351152860

Never Ending Nightmare

How Neoliberalism Dismantles Democracy

By: Pierre Dardot,Christian Laval

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Never Ending Nightmare

How Neoliberalism Dismantles Democracy

By: Pierre Dardot,Christian Laval

Neoliberalism's war against democracy and how to resist it How do we explain the strange survival of the forces responsible for the 2008 economic crisis, one of the worst since 1929? How do we explain the fact that neoliberalism has emerged from the crisis strengthened? When it broke, a number of the most prominent economists hastened to announce the 'death' of neoliberalism. They regarded the pursuit of neoliberal policy as the fruit of dogmatism. For Pierre Dardot and Christian Laval, neoliberalism is no mere dogma. Supported by powerful oligarchies, it is a veritable politico-institutional system that obeys a logic of self-reinforcement. Far from representing a break, crisis has become a formidably effective mode of government. In showing how this system crystallized and solidified, the book explains that the neoliberal straitjacket has succeeded in preventing any course correction by progressively deactivating democracy. Increasing the disarray and demobilization, the so-called 'governmental' Left has actively helped strengthen this oligarchical logic. The latter could lead to a definitive exit from democracy in favour of expertocratic governance, free of any control. However, nothing has been decided yet. The revival of democratic activity, which we see emerging in the political movements and experiments of recent years, is a sign that the political confrontation with the neoliberal system and the oligarchical bloc has already begun.

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Page Count

209

Publisher

Verso Books

Published Date

ISBN 10

1786634767

ISBN 13

9781786634764

Berlin

A Novel

By: Pierre Frei

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Berlin

A Novel

By: Pierre Frei

A serial killer stalks the streets of post-World War II Berlin in this international bestselling thriller. Set in a devastated Berlin one month after the close of the Second World War, Berlin has been highly acclaimed. Ben, a German boy retrieving cigarette butts to repackage and sell on the black market, discovers the body of a beautiful young woman in a subway station. Blonde and blue-eyed, she has been sexually assaulted and strangled with a chain. In the scramble to identify the body, the victim is mistaken for an American and a local investigation becomes a matter for the US Military Police. Cpt. John Ashburner and Inspector Klaus Dietrich realize quickly that to solve this apparently motiveless murder they will have to work together. When the bodies of other young women are discovered it becomes clear that this is no isolated act of violence. Pierre Frei has searched the wreckage of Berlin and emerged with an electrifying thriller in the tradition of Joseph Kanon and Alan Furst, in which the voices and stories of the victims themselves provide an intimate portrait of Germany before, during, and after the war. “The historical elements are compelling. . . . [O]nce involved in the story it is difficult to put it down.” —School Library Journal

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Page Count

570

Publisher

Open Road + Grove/Atlantic

Published Date

ISBN 10

1555848176

ISBN 13

9781555848170

The Interval Market Model in Mathematical Finance

Game-Theoretic Methods

By: Pierre Bernhard,Jacob C. Engwerda,Berend Roorda,J.M. Schumacher,Vassili Kolokoltsov,Patrick Saint-Pierre,Jean-Pierre Aubin

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The Interval Market Model in Mathematical Finance

Game-Theoretic Methods

By: Pierre Bernhard,Jacob C. Engwerda,Berend Roorda,J.M. Schumacher,Vassili Kolokoltsov,Patrick Saint-Pierre,Jean-Pierre Aubin

Toward the late 1990s, several research groups independently began developing new, related theories in mathematical finance. These theories did away with the standard stochastic geometric diffusion “Samuelson” market model (also known as the Black-Scholes model because it is used in that most famous theory), instead opting for models that allowed minimax approaches to complement or replace stochastic methods. Among the most fruitful models were those utilizing game-theoretic tools and the so-called interval market model. Over time, these models have slowly but steadily gained influence in the financial community, providing a useful alternative to classical methods. A self-contained monograph, The Interval Market Model in Mathematical Finance: Game-Theoretic Methods assembles some of the most important results, old and new, in this area of research. Written by seven of the most prominent pioneers of the interval market model and game-theoretic finance, the work provides a detailed account of several closely related modeling techniques for an array of problems in mathematical economics. The book is divided into five parts, which successively address topics including: · probability-free Black-Scholes theory; · fair-price interval of an option; · representation formulas and fast algorithms for option pricing; · rainbow options; · tychastic approach of mathematical finance based upon viability theory. This book provides a welcome addition to the literature, complementing myriad titles on the market that take a classical approach to mathematical finance. It is a worthwhile resource for researchers in applied mathematics and quantitative finance, and has also been written in a manner accessible to financially-inclined readers with a limited technical background.

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Page Count

348

Publisher

Springer Science & Business Media

Published Date

ISBN 10

0817683887

ISBN 13

9780817683887

Yardstick Competition Among Governments

Accountability and Policymaking when Citizens Look Across Borders

By: Pierre Salmon (Professor of economics)

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Yardstick Competition Among Governments

Accountability and Policymaking when Citizens Look Across Borders

By: Pierre Salmon (Professor of economics)

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N/A

Write a review

Solve jigsaw puzzle

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Page Count

273

Published Date

ISBN 10

0190499168

ISBN 13

9780190499167

Book's by Pierre Salmon (Professor of economics)

Yardstick Competition Among Governments

Yardstick Competition Among Governments

Multijuralism

Multijuralism

Never Ending Nightmare

Never Ending Nightmare

Berlin

Berlin

The Interval Market Model in Mathematical Finance

The Interval Market Model in Mathematical Finance

Yardstick Competition Among Governments

Yardstick Competition Among Governments

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