Economic Theory and Cognitive Science


Book Description

In this study, Don Ross explores the relationship of economics to other branches of behavioral science, asking, in the course of his analysis, under what interpretation economics is a sound empirical science. The book explores the relationships between economic theory and the theoretical foundations of related disciplines that are relevant to the day-to-day work of economics—the cognitive and behavioral sciences. It asks whether the increasingly sophisticated techniques of microeconomic analysis have revealed any deep empirical regularities—whether technical improvement represents improvement in any other sense. Casting Daniel Dennett and Kenneth Binmore as its intellectual heroes, the book proposes a comprehensive model of economic theory that, Ross argues, does not supplant, but recovers the core neoclassical insights, and counters the caricaturish conception of neoclassicism so derided by advocates of behavioral or evolutionary economics. Because he approaches his topic from the viewpoint of the philosophy of science, Ross devotes one chapter to the philosophical theory and terminology on which his argument depends and another to related philosophical issues. Two chapters provide the theoretical background in economics, one covering developments in neoclassical microeconomics and the other treating behavioral and experimental economics and evolutionary game theory. The three chapters at the heart of the argument then apply theses from the philosophy of cognitive science to foundational problems for economic theory. In these chapters, economists will find a genuinely new way of thinking about the implications of cognitive science for economics, and cognitive scientists will find in economic behavior, a new testing site for the explanations of cognitive science.




Microeconomics Sem-I- PBU


Book Description




Wikinomics


Book Description

The acclaimed bestseller that's teaching the world about the power of mass collaboration. Translated into more than twenty languages and named one of the best business books of the year by reviewers around the world, Wikinomics has become essential reading for business people everywhere. It explains how mass collaboration is happening not just at Web sites like Wikipedia and YouTube, but at traditional companies that have embraced technology to breathe new life into their enterprises. This national bestseller reveals the nuances that drive wikinomics, and share fascinating stories of how masses of people (both paid and volunteer) are now creating TV news stories, sequencing the human gnome, remixing their favorite music, designing software, finding cures for diseases, editing school texts, inventing new cosmetics, and even building motorcycles.




Noise


Book Description

From the Nobel Prize-winning author of Thinking, Fast and Slow and the coauthor of Nudge, a revolutionary exploration of why people make bad judgments and how to make better ones—"a tour de force” (New York Times). Imagine that two doctors in the same city give different diagnoses to identical patients—or that two judges in the same courthouse give markedly different sentences to people who have committed the same crime. Suppose that different interviewers at the same firm make different decisions about indistinguishable job applicants—or that when a company is handling customer complaints, the resolution depends on who happens to answer the phone. Now imagine that the same doctor, the same judge, the same interviewer, or the same customer service agent makes different decisions depending on whether it is morning or afternoon, or Monday rather than Wednesday. These are examples of noise: variability in judgments that should be identical. In Noise, Daniel Kahneman, Olivier Sibony, and Cass R. Sunstein show the detrimental effects of noise in many fields, including medicine, law, economic forecasting, forensic science, bail, child protection, strategy, performance reviews, and personnel selection. Wherever there is judgment, there is noise. Yet, most of the time, individuals and organizations alike are unaware of it. They neglect noise. With a few simple remedies, people can reduce both noise and bias, and so make far better decisions. Packed with original ideas, and offering the same kinds of research-based insights that made Thinking, Fast and Slow and Nudge groundbreaking New York Times bestsellers, Noise explains how and why humans are so susceptible to noise in judgment—and what we can do about it.




The Third Industrial Revolution


Book Description

A New York Times–bestselling account of the next great economic era, with a look into the individuals pioneering its implementation around the world. One of the most influential social thinkers of our time reveals how Internet technology and renewable energy are merging to create the new jobs of the twenty-first century and change the world. In The Third Industrial Revolution, Jeremy Rifkin takes us on a journey into a new economic era where hundred of millions of people produce their own green energy in their homes, businesses, and factories and share it with each other on an “energy Internet.” Rifkin’s Third Industrial Revolution vision has been taken up by the European Union and China and endorsed by the United Nations. In this book, the author goes behind the scenes to meet the heads of state, global CEOs, social entrepreneurs, and NGO leaders who are pioneering the new economic paradigm. Praise for The Third Industrial Revolution “Jeremy Rifkin argues that green energy and the internet will revolutionize society and the environment . . . With the European Union already on board, this is a big idea with backbone.” —Nature “Impeccably argued . . . a compelling and cogent argument to overhaul our society and economy in favor of a distributed and collaborative model.” —Publishers Weekly




Why the West Rules - For Now


Book Description

Why does the West rule? In this magnum opus, eminent Stanford polymath Ian Morris answers this provocative question, drawing on 50,000 years of history, archeology, and the methods of social science, to make sense of when, how, and why the paths of development differed in the East and West — and what this portends for the 21st century. There are two broad schools of thought on why the West rules. Proponents of "Long-Term Lock-In" theories such as Jared Diamond suggest that from time immemorial, some critical factor — geography, climate, or culture perhaps — made East and West unalterably different, and determined that the industrial revolution would happen in the West and push it further ahead of the East. But the East led the West between 500 and 1600, so this development can't have been inevitable; and so proponents of "Short-Term Accident" theories argue that Western rule was a temporary aberration that is now coming to an end, with Japan, China, and India resuming their rightful places on the world stage. However, as the West led for 9,000 of the previous 10,000 years, it wasn't just a temporary aberration. So, if we want to know why the West rules, we need a whole new theory. Ian Morris, boldly entering the turf of Jared Diamond and Niall Ferguson, provides the broader approach that is necessary, combining the textual historian's focus on context, the anthropological archaeologist's awareness of the deep past, and the social scientist's comparative methods to make sense of the past, present, and future — in a way no one has ever done before.




The Jungle Warrior


Book Description

A Legend Reborn The world’s most infamous hunter, Nikolas Rokoff, is sent into the jungle to steal a rare prize from Tarzan’s camp. But Tarzan and his friends Jane and Robbie will stop at nothing to track him down—crossing the wild rainforest and hostile African savannah on a daring rescue mission. At the same time, Jane tries to learn more about Tarzan’s past, and must decide whether reuniting him with his lost family is the right thing to do. And Robbie is torn by a plan that would keep the secrets of his own past safe, but might get rid of Tarzan for good. Lured to the city, Tarzan is forced to confront his greatest enemy. But time is running out—and no one can be trusted.




Brother Men


Book Description

Brother Men is the first published collection of private letters of Edgar Rice Burroughs, the phenomenally successful author of adventure, fantasy, and science fiction tales, including the Tarzan series. The correspondence presented here is Burroughs’s decades-long exchange with Herbert T. Weston, the maternal great-grandfather of this volume’s editor, Matt Cohen. The trove of correspondence Cohen discovered unexpectedly during a visit home includes hundreds of items—letters, photographs, telegrams, postcards, and illustrations—spanning from 1903 to 1945. Since Weston kept carbon copies of his own letters, the material documents a lifelong friendship that had begun in the 1890s, when the two men met in military school. In these letters, Burroughs and Weston discuss their experiences of family, work, war, disease and health, sports, and new technology over a period spanning two world wars, the Great Depression, and widespread political change. Their exchanges provide a window into the personal writings of the legendary creator of Tarzan and reveal Burroughs’s ideas about race, nation, and what it meant to be a man in early-twentieth-century America. The Burroughs-Weston letters trace a fascinating personal and business relationship that evolved as the two men and their wives embarked on joint capital ventures, traveled frequently, and navigated the difficult waters of child-rearing, divorce, and aging. Brother Men includes never-before-published images, annotations, and a critical introduction in which Cohen explores the significance of the sustained, emotional male friendship evident in the letters. Rich with insights related to visual culture and media technologies, consumerism, the history of the family, the history of authorship and readership, and the development of the West, these letters make it clear that Tarzan was only one small part of Edgar Rice Burroughs’s broad engagement with modern culture.




TikZ Cookbook for Diagram in Economics


Book Description

Economists present their arguments in three different types of arguments: verbal, graphical, and mathematical. If you flip over introductory economic textbooks, you will notice that analysis is usually done based on verbal argument and diagrams. Even for intermediate and advanced textbooks, you will notice that the difference is the mathematical argument -- diagrams are still useful. This is also true for academic research. However, drawing a nice diagram is not easy. Standard software is not good for drawing economic diagrams. Either it is too simple or it is too professional. One nice drawing software is the TikZ package in LaTeX . However, it is a drawing programming so that there is a steep learning curve. This is the reason that I write this book.




Forest Canopies


Book Description

The treetops of the world's forests are where discovery and opportunity abound, however they have been relatively inaccessible until recently. This book represents an authoritative synthesis of data, anecdotes, case studies, observations, and recommendations from researchers and educators who have risked life and limb in their advocacy of the High Frontier. With innovative rope techniques, cranes, walkways, dirigibles, and towers, they finally gained access to the rich biodiversity that lives far above the forest floor and the emerging science of canopy ecology. In this new edition of Forest Canopies, nearly 60 scientists and educators from around the world look at the biodiversity, ecology, evolution, and conservation of forest canopy ecosystems. Comprehensive literature list State-of-the-art results and data sets from current field work Foremost scientists in the field of canopy ecology Expanded collaboration of researchers and international projects User-friendly format with sidebars and case studies Keywords and outlines for each chapter