Aesthetics and Economics is a pioneering effort at treating aesthetics from the point of view of economic theory, and addresses the contradictions which have arisen from economists' work in this field over the years.
The collapse of socialism across Eastern Europe - as manifested most dramatically by the events of the forever memorable November 9, 1989, when the Germans of East and West reunited, moved and overjoyed, on top of the Berlin Wall - has added more support and urgency to the central thesis of this volume than I had ever hoped for.
Fundamentals of Convex Analysis offers an in-depth look at some of the fundamental themes covered within an area of mathematical analysis called convex analysis.
The main intention of this book is to bring together contributions from biology, cognitive science, and the humanities for a joint exploration of some of the main contemporary notions dealing with the understanding of origins in life,mind and society.
Many social or economic conflict situations can be modeled by specifying the alternatives on which the involved parties may agree, and a special alternative which summarizes what happens in the event that no agreement is reached.
Over the last decade or so, applied general equilibrium models have rapidly become a major tool for policy advice on issues regarding allocation and efficiency, most notably taxes and tariffs.
The Classical economist of the 19th century, with his faith in the ultimate efficiency and equity of free, impersonal markets, would certainly be amazed and dismayed by the developments in foreign exchange markets during the last thirty-five years.
Ideas linked to rational choice theory started to appear frequently in the economics literature in the 1960s and 1970s, but the attention given to rationality widened to include commentators presenting far-reaching appraisals and critiques.
Work and Idleness develops the view that redistributing employment is a `feasible capitalist' solution, not just to the unemployment which particular groups suffer, but also to the work that others have to contend with, including many women.
When the 12 District Banks of the Federal Reserve System opened their doors for business on November 16, 1914, few observers could have foreseen the Fed's present role as a major, if not dominant, player in U.
This book is intended as a warning against the kind of hard-core liberalism which blames state intervention for the disappointing results achieved in matters of macroeconomic, competition and social welfare policy.
The Conference on "e;Utility: Theories, Measurements, and Applications"e; met at the Inn at Pasatiempo in Santa Cruz, California, from June II to 15, 1989.
For much of the last three decades or more economic methodology has been dominated by the work of Karl Popper who advocated the position that science is what it is by virtue of its adherence to certain ideals.
Although there is a burgeoning interest among economists in `information economics', much of the literature adopts a reductionist conceptualization of information, defining it exclusively as reduction in uncertainty, exploring the implications of imperfect information on markets.
Capitalism versus Pragmatic Market Socialism: A General Equilibrium Evaluation contains important contributions both to general economic theory and to the evaluation of potential market socialist economic systems.