Essays in the Theory of Risk-bearing
Author : Kenneth Joseph Arrow
Publisher :
Page : 296 pages
File Size : 20,77 MB
Release : 1974
Category : Risk
ISBN :
Author : Kenneth Joseph Arrow
Publisher :
Page : 296 pages
File Size : 20,77 MB
Release : 1974
Category : Risk
ISBN :
Author : Charles Oscar Hardy
Publisher :
Page : 428 pages
File Size : 42,47 MB
Release : 1923
Category : Business
ISBN :
Author : Charles Oscar Hardy
Publisher :
Page : 364 pages
File Size : 18,45 MB
Release : 1934
Category : Business
ISBN :
Author : Frank H. Knight
Publisher : Cosimo, Inc.
Page : 401 pages
File Size : 31,37 MB
Release : 2006-11-01
Category : Business & Economics
ISBN : 1602060053
A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Author : Elizabeth M. Armstrong
Publisher : JHU Press
Page : 308 pages
File Size : 43,32 MB
Release : 2003-11-14
Category : Medical
ISBN : 9780801873454
"A welcome and long overdue critique of the knowledge production in the United States surrounding alcohol use by pregnant women and the diagnostic category of fetal alcohol syndrome (FAS)." -- Social History
Author : Marina Krakovsky
Publisher : Springer
Page : 233 pages
File Size : 44,43 MB
Release : 2016-04-30
Category : Social Science
ISBN : 1137530200
With the rise of the Internet, many pundits predicted that middlemen would disappear. But that hasn't happened. Far from killing the middleman, the Internet has generated a thriving new breed. In The Middleman Economy , Silicon Valley-based reporter Marina Krakovsky elucidates the six essential roles that middlemen play.
Author : Elizabeth M. Armstrong
Publisher : JHU Press
Page : 308 pages
File Size : 35,31 MB
Release : 2008-07-28
Category : Medical
ISBN : 0801899419
In American society, the consumption of alcohol during pregnancy is considered dangerous, irresponsible, and in some cases illegal. Pregnant women who have even a single drink routinely face openly voiced reproach. Yet fetal alcohol syndrome (FAS) in infants and children is notoriously difficult to diagnose, and the relationship between alcohol and adverse birth outcomes is riddled with puzzles and paradoxes. Sociologist Elizabeth M. Armstrong uses fetal alcohol syndrome and the problem of drinking during pregnancy to examine the assumed relationship between somatic and social disorder, the ways in which social problems are individualized, and the intertwining of health and morality that characterizes American society. She traces the evolution of medical knowledge about the effects of alcohol on fetal development, from nineteenth-century debates about drinking and heredity to the modern diagnosis of FAS and its kindred syndromes. She argues that issues of race, class, and gender have influenced medical findings about alcohol and reproduction and that these findings have always reflected broader social and moral preoccupations and, in particular, concerns about women's roles and place in society, as well as the fitness of future generations. Medical beliefs about drinking during pregnancy have often ignored the poverty, chaos, and insufficiency of some women's lives—factors that may be more responsible than alcohol for adverse outcomes in babies and children. Using primary sources and interviews to explore relationships between doctors and patients and women and their unborn children, Armstrong offers a provocative and detailed analysis of how drinking during pregnancy came to be considered a pervasive social problem, despite the uncertainties surrounding the epidemiology and etiology of fetal alcohol syndrome.
Author : Joseph G. Haubrich
Publisher : University of Chicago Press
Page : 286 pages
File Size : 30,83 MB
Release : 2013-01-24
Category : Business & Economics
ISBN : 0226319288
In the aftermath of the recent financial crisis, the federal government has pursued significant regulatory reforms, including proposals to measure and monitor systemic risk. However, there is much debate about how this might be accomplished quantitatively and objectively—or whether this is even possible. A key issue is determining the appropriate trade-offs between risk and reward from a policy and social welfare perspective given the potential negative impact of crises. One of the first books to address the challenges of measuring statistical risk from a system-wide persepective, Quantifying Systemic Risk looks at the means of measuring systemic risk and explores alternative approaches. Among the topics discussed are the challenges of tying regulations to specific quantitative measures, the effects of learning and adaptation on the evolution of the market, and the distinction between the shocks that start a crisis and the mechanisms that enable it to grow.
Author : Patrick Bolton
Publisher : MIT Press
Page : 746 pages
File Size : 42,93 MB
Release : 2004-12-10
Category : Business & Economics
ISBN : 9780262025768
A comprehensive introduction to contract theory, emphasizing common themes and methodologies as well as applications in key areas. Despite the vast research literature on topics relating to contract theory, only a few of the field's core ideas are covered in microeconomics textbooks. This long-awaited book fills the need for a comprehensive textbook on contract theory suitable for use at the graduate and advanced undergraduate levels. It covers the areas of agency theory, information economics, and organization theory, highlighting common themes and methodologies and presenting the main ideas in an accessible way. It also presents many applications in all areas of economics, especially labor economics, industrial organization, and corporate finance. The book emphasizes applications rather than general theorems while providing self-contained, intuitive treatment of the simple models analyzed. In this way, it can also serve as a reference for researchers interested in building contract-theoretic models in applied contexts.The book covers all the major topics in contract theory taught in most graduate courses. It begins by discussing such basic ideas in incentive and information theory as screening, signaling, and moral hazard. Subsequent sections treat multilateral contracting with private information or hidden actions, covering auction theory, bilateral trade under private information, and the theory of the internal organization of firms; long-term contracts with private information or hidden actions; and incomplete contracts, the theory of ownership and control, and contracting with externalities. Each chapter ends with a guide to the relevant literature. Exercises appear in a separate chapter at the end of the book.
Author : A.V. Gheorghe
Publisher : Springer Science & Business Media
Page : 495 pages
File Size : 35,84 MB
Release : 2008-09-30
Category : Technology & Engineering
ISBN : 140203721X
Introduction This book includes terms of reference and offers an augmented volume of relevant work initiated within the comprehensive concept of “Knowledge Management and Risk Governance”. The latter stood for the initial title of an ad-hoc meeting held in Ascona, Switzerland, organized by the Technological Risk Management Unit of the Joint Research Centre of the European Commission (JRC) and the KOVERS Centre of Excellence in Risk and Safety Sciences of the Swiss Federal Institute of Technology, ETH Zurich. Background Risk governance, in addition to the continuous interest of researchers, has recently attracted the attention of policy-makers and the media and the concern of the public. New and emerging risks in various fields and a number of risk-related issues increased the public interest and prompted for a new framework in dealing with risks. The Conference on Science and Governance organized by the European Commission in October 2000 is one of the international forums addressing this issue. Other recent events such as the establishment of the International Risk Governance Council outline the importance of the governance concept in relation to that of risk management (see www.irgc.org). At the same time noticeable progress has been made in Information Technologies and Decision Support, passing from the process of information PREFACE xvi to the process of knowledge. In this context new tools and methods became available, whose application in risk management may be beneficial.