Models Of The Oil Market

Autor: J. Crémer
Publisher: Taylor & Francis
ISBN: 113646977X
File Size: 15,41 MB
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Economists have proposed a large variety of models of the oil market and this survey integrates them in a coherent framework.

Fred Edie

Autor: Jill Dawson
Publisher: Houghton Mifflin Harcourt
ISBN: 9780618197286
File Size: 26,14 MB
Format: PDF, ePub, Mobi
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A powerful novel of desire and murder, which is based on a true story, is set in London in 1922 and follows Edith Thompson, who is bored with her suburban existence and dull marriage, as she becomes inspired by the new freedoms available to women and takes Frederick Bywaters as her lover, but her life takes a horrific turn when Frederick murders her husband. Reader's Gudie available. Reprint. 20,000 first printing.

Capitalism In Spite Of It All

Autor: Edwin C. Sims
Publisher: Taylor & Francis
ISBN: 9782881243875
File Size: 64,34 MB
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This broadly-based book examines the development of the capitalistic system from antiquity to the modern welfare state and contemporary economic thought. It presupposes no mathematical or economics training and thus is accessible to general readers who wish to learn more about the economic system that plays such a significant role in their lives, while serving as a review for those serious students of the subject who wish to refresh their understanding. It is also a primary text for university centres for the study of free enterprise and for industry-oriented executive development programs, and acts as an ancillary text for college courses in business management, marketing, history, and political science.

Complex Economics

Autor: Alan Kirman
Publisher: Routledge
ISBN: 1136941673
File Size: 39,48 MB
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The economic crisis is also a crisis for economic theory. Most analyses of the evolution of the crisis invoke three themes, contagion, networks and trust, yet none of these play a major role in standard macroeconomic models. What is needed is a theory in which these aspects are central. The direct interaction between individuals, firms and banks does not simply produce imperfections in the functioning of the economy but is the very basis of the functioning of a modern economy. This book suggests a way of analysing the economy which takes this point of view. The economy should be considered as a complex adaptive system in which the agents constantly react to, influence and are influenced by, the other individuals in the economy. In such systems which are familiar from statistical physics and biology for example, the behaviour of the aggregate cannot be deduced from the behaviour of the average, or "representative" individual. Just as the organised activity of an ants’ nest cannot be understood from the behaviour of a "representative ant" so macroeconomic phenomena should not be assimilated to those associated with the "representative agent". This book provides examples where this can clearly be seen. The examples range from Schelling’s model of segregation, to contributions to public goods, the evolution of buyer seller relations in fish markets, to financial models based on the foraging behaviour of ants. The message of the book is that coordination rather than efficiency is the central problem in economics. How do the myriads of individual choices and decisions come to be coordinated? How does the economy or a market, "self organise" and how does this sometimes result in major upheavals, or to use the phrase from physics, "phase transitions"? The sort of system described in this book is not in equilibrium in the standard sense, it is constantly changing and moving from state to state and its very structure is always being modified. The economy is not a ship sailing on a well-defined trajectory which occasionally gets knocked off course. It is more like the slime described in the book "emergence", constantly reorganising itself so as to slide collectively in directions which are neither understood nor necessarily desired by its components.