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Author: Daniel Slottje
Publisher: Emerald Group Publishing
Published: 2009-05-21
Total Pages: 410
ISBN-13: 1848553129
DOWNLOAD EBOOKDemand 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.
Author: William David Anthony Bryant
Publisher: World Scientific
Published: 2023-02-17
Total Pages: 779
ISBN-13: 9811254729
DOWNLOAD EBOOKPeople pursue their own interests, whatever those interests might be. Some people have interests that are narrow and selfish, while others have interests that are broad and altruistic. The idea that people are self-interested underpins all of economic analysis and raises two fundamental questions: 1. How do people choose the actions they think will further their own interests? 2. Can the potentially conflicting interests of different people be made to 'mesh' in some sort of socio-economic equilibrium? This book is devoted to a detailed study of the first question. Its Companion Volume (Economy-Wide Microeconomics: Equilibrium, Optimality, Applications and Tests) makes a detailed study of the second question.Following some foundational remarks, this book studies the Arrow-Debreu theory of consumer choice. That theory supposes people choose so as to maximize a complete, continuous, transitive, and reflexive binary preference relation over a non-empty and compact choice set. The book then studies numerous refinements, generalizations and extensions of each of these restrictions — up to and including recent work on Behavioral theories of choice and choice behaviour when preferences are intransitive/incomplete/discontinuous. Also considered is choice behaviour in environments that are not necessarily compact. A study is also made of intertemporal choice and choice under uncertainty. The study of Arrow-Debreu choice theory and its extensions are presented from the Primal, Dual, and Revealed Preference points of view.Consumers are not the only agents in the economy, as Producers are present as well. Beginning with a study of the Arrow-Debreu idea that producers choose from a convex production set so as to maximize profit, the book considers extensions and generalizations of this framework, particularly to non-convex environments. The study is presented from the Primal and Dual points of view.The final chapter in the book provides a link to its Companion Volume. The Chapter indicates how the theories of consumer and producer choice studied here help inform answers of the second question posed above.Resources are available to instructors who adopt this book. More details at www.worldscientific.com/worldscibooks/10.1142/12789-sm
Author: Laurens Cherchye
Publisher: Foundations & Trends
Published: 2012-03
Total Pages: 90
ISBN-13: 9781601985361
DOWNLOAD EBOOKCollective Household Consumption Behavior: Revealed Preference Analysis presents a nonparametric `revealed preference' methodology for analyzing collective consumption behavior in practical applications, while possibly accounting for externalities, public consumption and the use of assignable quantity information. Collective Household Consumption Behavior: Revealed Preference Analysis considers two types of collective models: The general collective model considers general preferences of the individual household members, which allow for externalities and public consumption within the household. The special collective models that do not allow for consumption externalities. After the introduction, section 2 sets the stage by introducing the revealed preference characterizations of the unitary model. Section 3 presents a collective model that allows for general individual preferences and discusses its revealed preference characterization. Sections 4 and 5 show how to bring this theoretical characterization to observational data. More specifically, Section 4 introduces the mixed integer programming characterizations for special collective models that impose restrictions on the household members' preferences. Section 5 does the same for the general collective model. Throughout Section 2 to Section 5, the authors illustrate the most relevant concepts by means of numerical examples. In Section 6 we subsequently illustrate our main results for data drawn from the Russian Longitudinal Monitoring Survey.
Author: Igor B. Petrov
Publisher: Springer
Published: 2019-01-08
Total Pages: 348
ISBN-13: 3030062287
DOWNLOAD EBOOKThis book highlights the work of several world-class researchers on smart modeling of complex systems. The contributions are grouped into the four main categories listed below. · Numerical schemes construction for the solution of partial differential equations. · Numerical methods in continuum media mechanics problems. · Mathematical modeling in aerodynamics, plasma physics, deformable body mechanics, and geological hydrocarbon exploration. · Mathematical modeling in medical applications. The book offers a valuable resource for theoreticians and application scientists and engineers, as well as postgraduate students, in the fields of computational methods, numerical experiments, parallel algorithms, deformable solid bodies, seismic stability, seismic prospecting, migration, elastic and acoustic wave investigation, gas dynamics, astrophysics, aerodynamics, fluid dynamics, turbulent flows, hypersonic flows, detonation waves, composite materials, fracture mechanics, melting of metals, mathematical economics, medicine, and biology.
Author: Martin Browning
Publisher: Cambridge University Press
Published: 2014-06-05
Total Pages: 511
ISBN-13: 0521791596
DOWNLOAD EBOOKThis book provides a comprehensive, modern, and self-contained account of the research in the growing area of family economics. It is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.
Author: Christopher P. Chambers
Publisher: Cambridge University Press
Published: 2016-01-05
Total Pages: 241
ISBN-13: 1107087805
DOWNLOAD EBOOKThe theory of revealed preference has a long, distinguished tradition in economics but lacked a systematic presentation of the theory until now. This book deals with basic questions in economic theory and studies situations in which empirical observations are consistent or inconsistent with some of the best known economic theories.
Author: Stanley Wong
Publisher: Routledge
Published: 2006-01-13
Total Pages: 275
ISBN-13: 1134385528
DOWNLOAD EBOOKOriginally published over two decades ago, this classic text within the philosophy of economics is a tour de force against revealed preference. It critically examines the research programme carried out by the Nobel Prize winner Paul Samuelson on the revealed preference approach to the theory of consumer behaviour. It also challenges two essential premises: * that the programme has been completed * that the various contributions of Samuelson are mutually consistent. This text contains a new preface by Wong, in which he provides a detailed insight into the origins of his pioneering text, and a new introduction from Philip Mirowski, analyzing the impact The Foundation of Paul Samuelson’s Revealed Preference Theory has had on the discipline of economics as well as explaining why it remains core reading for economists today. The defining statement of economic method, this book will be of interest to economists everywhere.
Author: Bo Chen
Publisher: Springer
Published: 2010-06-26
Total Pages: 345
ISBN-13: 3642143555
DOWNLOAD EBOOKWhile the areas of information management and management science are full of algorithmic challenges, the proliferation of data has called for the design of e?cient and e?ective algorithms and data structures for their management and processing. The International Conference on Algorithmic Aspects in Information and Management(AAIM) is intended for originalalgorithmicresearchon immediate applications and/or fundamental problems pertinent to information mana- ment and management science to be broadly construed. The conference aims at bringing together researchers in computer science, operations research, applied mathematics, economics, and related disciplines. This volume contains papers presented at AAIM 2010: the 6th International Conference on Algorithmic Aspects in Information and Management, which was held during July 19-21, 2010, in Weihai, China. We received a total of 50 s- missions.Eachsubmissionwasreviewedbythreemembersof the ProgramC- mittee or their deputies on the quality, originality, soundness, and signi?cance of its contribution. The committee decided to accept 31 papers. The program also included two invited keynote talks. The success of the conference resulted from the input of many people. We would like ?rst of all to thank all the members of the Program Committee for their expert evaluation of the submissions. The local organizers in the School of Computer Science and Technology, Shandong University, did an extraordinary job, for which we are very grateful. We thank the National Natural Science Foundation of China, Montana State University (USA), University of Warwick (UK), and Shandong University (China) for their sponsorship.
Author: J. A. Molina
Publisher: Springer Science & Business Media
Published: 2011-08-31
Total Pages: 195
ISBN-13: 1441994319
DOWNLOAD EBOOKSignificant recent changes in the structure and composition of households make the study of the economic relationships within the household of particular interest for academics and policy-makers. In this context, Household Economic Behaviors, through its focus on theoretical and empirical chapters on a range of economic behaviors within the household, provides a new and timely viewpoint. Following the Introduction and one or two surveys which give a general background, the volume includes theoretical and empirical perspectives on allocation of available time within the household, monetary and non-monetary transfers between household members, and intra-household bargaining.
Author: Dale Southerton
Publisher: SAGE
Published: 2011-09-15
Total Pages: 1665
ISBN-13: 0872896013
DOWNLOAD EBOOKThe Encyclopedia of Consumer Culture is the first reference work to outline the parameters of consumer culture and provide a critical, scholarly resource on consumption and consumerism.
