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Rethinking Macroeconomics With Endogenous Market Structure


Rethinking Macroeconomics With Endogenous Market Structure
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Rethinking Macroeconomics With Endogenous Market Structure


Rethinking Macroeconomics With Endogenous Market Structure
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Author : Marco Mazzoli
language : en
Publisher: Cambridge University Press
Release Date : 2019-12-19

Rethinking Macroeconomics With Endogenous Market Structure written by Marco Mazzoli and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-12-19 with Business & Economics categories.


"The last decade has seen a lively debate in macroeconomics, with an increasing criticism on the model that seemed to be dominant in literature since the end of the 1990's, the Dynamic Stochastic General Equilibrium (DSGE, hereafter) and, consequently, the birth of some new theoretical approaches and methodologies"--



New Structural Economics


New Structural Economics
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Author : Justin Yifu Lin
language : en
Publisher: World Bank Publications
Release Date : 2012-01-01

New Structural Economics written by Justin Yifu Lin and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-01 with Business & Economics categories.


This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.



Rethinking Merger Analysis


Rethinking Merger Analysis
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Author : Louis Kaplow
language : en
Publisher: MIT Press
Release Date : 2024-11-05

Rethinking Merger Analysis written by Louis Kaplow and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-05 with Business & Economics categories.


A fundamental economic reconstruction of merger analysis to strengthen our ability to determine mergers’ likely effects and improve merger regulation. Why rethink merger analysis? Because methods employed throughout the world violate basic precepts of decision analysis and economics. Fundamental principles are underdeveloped, inhibiting research, policy formulation, and merger review. In Rethinking Merger Analysis, Louis Kaplow undertakes a foundational analysis of the questions central to understanding and regulating horizontal mergers and shows why many conventional practices need to be altered or replaced. On the empirical front, Kaplow offers insights, identifies shortcomings, and proposes extensions of existing research. Altogether, merger review can be greatly improved to better identify harmful mergers and avoid thwarting beneficial ones. The correct economic analysis of anticompetitive effects conflicts sharply with the reigning market definition paradigm. This protocol is more deeply flawed than appreciated, readily produces large errors, and can result in uncertainty bounds on challenge thresholds of two orders of magnitude. Merger efficiencies are underanalyzed because of the failure to draw on relevant disciplines and pertinent industry expertise. Postmerger entry’s role is mischaracterized in merger guidelines, and its direct welfare effects are ignored. Entry induced by the prospect of a subsequent buyout has until recently been disregarded. Proper assessment requires a dynamic framing that accounts for a merger regime’s influence on the creation and capabilities of new generations of startups that are central to economic dynamism. This book eschews advocacy and instead focuses on clear thinking—indeed, rethinking—about how to improve merger policy and assessment.



Engineering Multi Agent Systems


Engineering Multi Agent Systems
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Author : Andrei Ciortea
language : en
Publisher: Springer Nature
Release Date : 2023-11-25

Engineering Multi Agent Systems written by Andrei Ciortea and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-25 with Computers categories.


This book constitutes revised selected papers from the 11th International Workshop on Engineering Multi-Agent Systems, EMAS 2023, which was held in London, UK, during May 29–30, 2023. The 11 full papers and 7 short papers included in this volume were carefully reviewed and selected from a total of 25 submissions. They were organized in topical sections as follows: agent-oriented software engineering; agents and microservices; strategy, reasoning, and planning; engineering domains and applications; agents in hypermedia environments; frameworks, tooling, and devops.



Foundations Of Real World Economics


Foundations Of Real World Economics
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Author : John Komlos
language : en
Publisher:
Release Date : 2019

Foundations Of Real World Economics written by John Komlos and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Economics categories.


The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and other ways in which powerful institutions cause distortions in the mainstream models. Bringing together the work of key scholars, such as Kahneman, Minsky, and Schumpeter, this book demonstrates how we should take into account the inefficiencies that arise due to asymmetric information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP. information, mental biases, unequal distribution of wealth and power, and the manipulation of demand. This textbook offers students a valuable introductory text with insights into the workings of real markets not just imaginary ones formulated by blackboard economists. A must-have for students studying the principles of economics as well as micro- and macroeconomics, this textbook redresses the existing imbalance in economic teaching. Instead of clinging to an ideology that only enriched the 1%, Komlos sketches the outline of a capitalism with a human face, an economy in which people live contented lives with dignity instead of focusing on GNP.



Economic Simulations In Swarm Agent Based Modelling And Object Oriented Programming


Economic Simulations In Swarm Agent Based Modelling And Object Oriented Programming
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Author : Francesco Luna
language : en
Publisher: Springer Science & Business Media
Release Date : 2000-01-31

Economic Simulations In Swarm Agent Based Modelling And Object Oriented Programming written by Francesco Luna and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-31 with Business & Economics categories.


"Swarm, a standard set of program libraries, allows users to construct simulations where a collection of heterogeneous independent agents or elements interact through discrete events. This volume offers the first extensive tutorial to the use of these software libraries developed at the Santa Fe Institute as part of the ongoing research into complexity."--BOOK JACKET.



Rethinking Economic Development Growth And Institutions


Rethinking Economic Development Growth And Institutions
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Author : Jaime Ros
language : en
Publisher:
Release Date : 2013-09

Rethinking Economic Development Growth And Institutions written by Jaime Ros and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09 with Business & Economics categories.


Presents the contributions that early development theory can make to growth economics in answering why some countries are richer than others and why some economies grow faster than others.



Experimental Economics


Experimental Economics
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Author : Nicholas Bardsley
language : en
Publisher: Princeton University Press
Release Date : 2010

Experimental Economics written by Nicholas Bardsley and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business & Economics categories.


The authors explore the history of experiments in economics, provide examples of different types of experiments and show that the growing use of experimental methods is transforming economics into an empirical science. They explain that progress is being held back and debate on how to overcome these limitations.



Inframarginal Economics


Inframarginal Economics
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Author : Xiaokai Yang
language : en
Publisher: World Scientific
Release Date : 2009

Inframarginal Economics written by Xiaokai Yang and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.


This monograph resurrects the spirit of classical economic thinking on network effects of division of labor and general equilibrium mechanisms that simultaneously determine the interdependent benefits of specialization and the number of participants in the network of division of labor (extent of the market) in a modern body of inframarginal economics. Inframarginal economics applies inframarginal analysis (nonclassical mathematical programming which allows corner solution) to studies of network effects of division of labor, individuals' networking decisions in choosing their levels of specialization, mechanisms that endogenously determine the network size and pattern of division of labor, increasing returns, and the relationship between transaction costs, evolution in institutions, property rights, contracts, organization, and the network size and pattern of division of labor. Here, inframarginal analysis is total cost-benefit analysis across different network patterns of trade and division of labor in addition to marginal analysis of resource allocation for a given pattern of organization. It provides an overarching framework that encompasses many areas of the discipline that have customarily been treated as separate branches. These include microeconomics, macroeconomics, development economics, international economics, urban economics, growth theory, industrial organization. applications of game theory in economics, economics of property rights, economics of transaction costs, economics of institutions and contracts, economics of organization, managerial economics, theory of hierarchy, new theory of the firm, theory of money, theory of insurance, theory of the network and reliability, and so on.



Effects Of Financial Globalization On Developing Countries


Effects Of Financial Globalization On Developing Countries
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Author : Mr.Ayhan Kose
language : en
Publisher: International Monetary Fund
Release Date : 2003-09-03

Effects Of Financial Globalization On Developing Countries written by Mr.Ayhan Kose and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-03 with Business & Economics categories.


This study provides a candid, systematic, and critical review of recent evidence on this complex subject. Based on a review of the literature and some new empirical evidence, it finds that (1) in spite of an apparently strong theoretical presumption, it is difficult to detect a strong and robust causal relationship between financial integration and economic growth; (2) contrary to theoretical predictions, financial integration appears to be associated with increases in consumption volatility (both in absolute terms and relative to income volatility) in many developing countries; and (3) there appear to be threshold effects in both of these relationships, which may be related to absorptive capacity. Some recent evidence suggests that sound macroeconomic frameworks and, in particular, good governance are both quantitatively and qualitatively important in affecting developing countries’ experiences with financial globalization.