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Will algorithms help people or hurt them? What about artificial intelligence in general? If consumers know what they need to know and do not suffer from behavioral biases, algorithms and AI are likely to be helpful. Consumers will be more likely to get what they want...
Machine Learning for Econometrics is a book for economists seeking to grasp modern machine learning techniques - from their predictive performance to the revolutionary handling of unstructured data - in order to establish causal relationships from data. The volume...
This Element is about agent-based macroeconomics in general, and in particular about a family of evolutionary, agent-based models (ABMs), which are called 'Schumpeter meeting Keynes' (or K+S). The K+S models knit together 'Schumpeterian' endogenous processes of...
In Stratification Economics and Disability Justice, Adam Hollowell and Keisha Bentley-Edwards explore how the work of Black disabled activists can and should inform economic analysis of inequality in the United States. Presenting evidence of disability-based inequality...
This book examines Swedish influences in the history of economics. Knut Wicksell (1851-1926) can be regarded as the founder of modern monetary macroeconomics. His work has significantly influenced both economic theory and the monetary policy of central banks and...
Joseph E. Stiglitz has had a remarkable career. He is a brilliant academic, capped by sharing the Nobel Memorial Prize in Economics and the Nobel Peace Prize, and honorary degrees from Harvard, Cambridge, Oxford and more than fifty other universities, and elected not...
Despite significant theoretical advances in social and behavioural macroeconomics, little has been done to synthesise the disparate developments in these fields and point the way forward to future research directions and policy implications. This book reviews,...
The Oxford Handbook of Banking (4th edition) provides an overview and analysis of developments and research in banking written by leading researchers in the field. This handbook will appeal to graduate students of economics, banking and finance, academics,...
From Crops and Wastes to Bioenergy: Current Status and Challenges is a comprehensive volume on all aspects of biomass utilization for bioenergy, from the fundamentals to the latest commercial and regulatory issues. The book examines all aspects of biomass utilization,...
International investments yield returns in the forms of multinational profits, dividends and interest on equity and debt, and the charges on bank loans. These payments are recorded in the current account of the balance of payments and constitute a significant component...
This book reviews the historical trajectory of economic studies on institutions and points out their limitations. It constructs a new framework for institutional analysis using transaction costs and transaction modules, proposes measuring transaction costs through time,...
This ambitious book is the first to present a theoretical framework for a unified analysis of both behavioral and traditional economics. It explores the ultimate factors from an evolutionary perspective in addressing why humans are predictably irrational and proposes...
This book presents fresh research on how Foreign Direct Investments (FDI), Micro, Small and Medium Enterprises (MSMEs), patterns of clustering, digitalization and innovation policies, interact and influence India’s industrialisation and its greening or...
In this book the authors take a scientific scalpel to the “money problem” by applying the Accounting System Dynamics (ASD) method they developed and identifies the root cause of the major problems facing our economy. Specifically, the ASD method has made it possible to...
The Oxford Handbook on the Mauritian Economy presents a comprehensive analysis of the economic, social, and political landscape of the island, offering a nuanced exploration of its historical evolution, current challenges, and future prospects. Adopting a...
In a world where global finance must align with the green transition, this Open Access book challenges established economic thinking. It argues for a shift from individualism to group-focused economic theory and policy, revealing that historical financial accumulation...
This book, the second of two volumes, provides a comprehensive overview of the core topics within Austrian economics. With a focus on macroeconomics, it explores foundational ideas within Austrian economics, including monetary and banking theory, law, capital...
This is the first book to focus on designing a financial market that works well, and that includes making and/or modulating detailed regulations and/or rules, by a computer simulation of an agent-based artificial financial market model (ABAFMM). The design of a...
In diesem Buch wird eine integrale Theorie der modernen Gesellschaft mit Tausch und Geld als zentrale Elemente entwickelt. Die vorgeschlagene Theorie ermöglicht einen neuen, radikalen Blick auf das, was Gesellschaft, Wirtschaft und vor allem Geld ist. Der Autor baut...
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