Economics for an Imperfect World

Economics for an Imperfect World

Author: Joseph E. Stiglitz

Publisher: MIT Press

Published: 2003

Total Pages: 722

ISBN-13: 9780262012058

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The focus of Joseph Stiglitz's work in economics throughout his long and distinguished career has been on the real world, with all of its imperfections.


Essays on Keynesian and Kaldorian Economics

Essays on Keynesian and Kaldorian Economics

Author: A. Thirlwall

Publisher: Springer

Published: 2015-02-26

Total Pages: 399

ISBN-13: 1137409487

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This volume of essays contains 16 papers the author has written over the last 40 years on various aspects of the life and work of John Maynard Keynes and Nicholas Kaldor. It covers both theoretical and applied topics and highlight the continued relevance of Keynesian and Kaldorian ideas for understanding the functioning of capitalist economies.


The Economics of Imperfect Knowledge

The Economics of Imperfect Knowledge

Author: G. B. Richardson

Publisher: Edward Elgar Publishing

Published: 1998-01-01

Total Pages: 232

ISBN-13: 9781782542872

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G.B. Richardson's writings, although from 1953 to 1972, are still very relevant to modern economics. The central theme of this book of his papers is that the knowledge upon which business decisions are taken is limited and uncertain and that the availability of it is affected by market structure.


Foundations of Entrepreneurship and Economic Development

Foundations of Entrepreneurship and Economic Development

Author: David A Harper

Publisher: Routledge

Published: 2003-03-13

Total Pages: 289

ISBN-13: 1134741553

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This well-written book is the first to deal with entrepreneurship in all its aspects. It considers the economic, psychological, political, legal and cultural dimensions of entrepreneurship from a market-process perspective. David A Harper has produced a volume that analyses why some people are quicker than others in discovering profit opportunities. Importantly, the book also covers the issue of how cultural value systems orient entrepreneurial vision and, in contrast to conventional wisdom, the book argues that individualist cultural values are not categorically superior to group oriented values in terms of their consequences for entrepreneurial discovery.


The Collected Essays of Harvey Leibenstein

The Collected Essays of Harvey Leibenstein

Author: Harvey Leibenstein

Publisher: Edward Elgar Publishing

Published: 1989

Total Pages: 400

ISBN-13:

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Professor Leibenstein is one of the leading authorities in the area of microeconomics. These two volumes chart the profound impact of his work upon economics and in particular his pathbreaking concept of 'X-Efficiency'. This selection has been made from over 100 academic papers and nine books written during the last 40 years. It represents the diversity of Professor Leibenstein's interests and the originality of his thinking.


Individuele en Sociale Beslissingen Bij Onzekerheid

Individuele en Sociale Beslissingen Bij Onzekerheid

Author: Stefan Tobias Trautmann

Publisher: Rozenberg Publishers

Published: 2008

Total Pages: 199

ISBN-13: 9036100917

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In most decisions we have to choose between options that involve some uncertainty about their outcomes and their effect on our well-being. Casual observation and carefully controlled studies suggest that, in making these decisions, we often deviate from the benchmark of expected income maximization. This should not come as a surprise. Our well-being is affected by many factors, and the outside observer does not know the importance of various dimensions of the outcome to the decision maker. Even if goals are well defined, it is far from obvious that we succeed in choosing what is best for us. The psychological literature has shown deviations from optimal behavior in simple decision tasks, and we may expect similar deviations to occur in more complex real life problems. In real life situations, however, experience and market interaction will help to restrain suboptimal behavior. This thesis examines deviations from expected income maximization in situations involving uncertainty. We focus on deviations generated by social factors.