Economics

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Economics (18)

Economics
European Studies
Politics and Sociology

Investing in the Structural Transformation: 2024 European Public Investment Outlook

Floriana Cerniglia
Francesco Saraceno

The fifth volume in the European Public Investment Outlook series explores how Europe can drive structural transformation through strategic public investment. Reflecting on the lessons from the 2008–2020 polycrisis and recent economic challenges, this timely book examines fiscal policy's role in both stabilization and long-term economic development.

Economics
Textbooks and Learning Guides

No Prices No Games!: Four Economic Models

Michael Richter
Ariel Rubinstein

While current economic theory focuses on prices and games, this book models economic settings where harmony is established through one of the following societal conventions: • A power relation according to which stronger agents are able to force weaker ones to do things against their will. • A norm that categorizes actions as permissible or forbidden. • A status relation over alternatives which limits each agent's choices. • Systematic biases in agents' preferences. These four conventions are analysed using simple and mathematically straightforward models, without any pretensions regarding direct applied usefulness. While we do not advocate for the adoption of any of these conventions specifically – we do advocate that when modelling an economic situation, alternative equilibrium notions should be considered, rather than automatically reaching for the familiar approaches of prices or games.

Economics
Other languages
Philosophy
Politics and Sociology

Tener Demasiado: Ensayos Filosóficos sobre el Limitarismo

Ingrid Robeyns
Héctor Iñaki Larrínaga Márquez

'Tener demasiado' es el primer volumen académico dedicado al limitarismo: la idea de que el uso de los recursos económicos o de los ecosistemas no sobrepasen ciertos límites.

Economics
European Studies
Politics and Sociology

Financing Investment in Times of High Public Debt: 2023 European Public Investment Outlook

Floriana Cerniglia
Francesco Saraceno
Andrew Watt

The fourth book in the ‘European Public Investment Outlook’ series focuses on the urgent issue of how to finance needed investment in critical tangible and intangible infrastructure given high levels of public debt, a thorny problem facing many governments across Europe. Drawing on expertise from academics, researchers at public policy institutes and international governance bodies, the contributors analyse the current situation and prospects and propose feasible solutions.

Economics
Linguistics
Politics and Sociology

Misunderstandings: False Beliefs in Communication

Georg Weizsäcker

What do we expect when we say something to someone, and what do they expect when they hear it? When is a conversation successful? The book considers a wide set of two-person conversations, and a bit of game theory, to show how conversational statements and their interpretations are governed by beliefs. Thinking about beliefs is suitable for communication analysis because beliefs are well-defined and measurable, allowing to differentiate between successful understandings and their less successful counterparts: misunderstandings.

Economics
Philosophy
Politics and Sociology

Having Too Much: Philosophical Essays on Limitarianism

Ingrid Robeyns

Having Too Much is the first academic volume devoted to limitarianism: the idea that the use of economic or ecosystem resources should not exceed certain limits. This concept has deep roots in economic and political thought. One can find similar statements of such limits in thinkers such as Plato, Aquinas, and Spinoza. But Having Too Much is the first time in contemporary political philosophy that limitarianism is explored at length and in detail.

Economics
Textbooks and Learning Guides

Models in Microeconomic Theory: Expanded Second Edition (He)

Martin J. Osborne
Ariel Rubinstein

Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and monopoly. Part II (Chapters 8-14) introduces the concept of equilibrium, beginning, unconventionally, with the models of the jungle and an economy with indivisible goods, and continuing with models of an exchange economy, equilibrium with rational expectations, and an economy with asymmetric information. Part III (Chapters 15-16) provides an introduction to game theory, covering strategic and extensive games and the concepts of Nash equilibrium and subgame perfect equilibrium. Part IV (Chapters 17-20) gives a taste of the topics of mechanism design, matching, the axiomatic analysis of economic systems, and social choice.

Economics
Textbooks and Learning Guides

Models in Microeconomic Theory: Expanded Second Edition (She)

Martin J. Osborne
Ariel Rubinstein

Economics
European Studies
Politics and Sociology

Greening Europe: 2022 European Public Investment Outlook

Floriana Cerniglia
Francesco Saraceno

The third installment of the ‘European Public Investment Outlook’ series is an important and timely publication that draws together recent analyses to recommend significant increases in public investment in green ventures. Compelling data from key economists affiliated with international organizations like the International Monetary Fund, European Investment Bank and the European Commission, as well as academic departments and policy institutes are a clarion call for green investment to boost the economy and put the planet on a sustainable path.

Economics
European Studies
Politics and Sociology

The Great Reset: 2021 European Public Investment Outlook

Floriana Cerniglia
Francesco Saraceno
Andrew Watt

This timely and insightful collection of essays written by economists from a range of academic and policy institutes explores the subject of public investment through two avenues. The first examines public investment trends and needs in Europe, addressing the initiatives taken by European governments to tackle the COVID-19 recession and to rebuild their economies. The second identifies key domains where European public investment is needed to build a more sustainable Europe, from climate change to human capital formation.

Economics
European Studies
Politics and Sociology

A European Public Investment Outlook

Floriana Cerniglia
Francesco Saraceno

The essays in this outlook collectively foster a broad approach to and definition of public investment, that is today more relevant than ever. Offering up a timely and clear case for the elimination of bias against investment in European fiscal rules, this outlook is a welcome contribution to the European debate, aimed both at policy makers and general readers.

Asian Studies
Economics
Politics and Sociology

Infrastructure Investment in Indonesia: A Focus on Ports

Colin Duffield
Felix Kin Peng Hui
Sally Wilson

Infrastructure Investment in Indonesia: A Focus on Ports presents an important and original collation of current material investigating the efficient facilitation of major infrastructure projects in Indonesia and Australia, with an emphasis on infrastructure investment and a focus on port planning and development

Economics
Politics and Sociology

Labour and Value: Rethinking Marx’s Theory of Exploitation

Ernesto Screpanti

In this book Ernesto Screpanti provides a rigorous examination of Marx’s theory of exploitation, one of the cornerstones of Marxist thought. With precision and clarity, he identifies the holes in traditional readings of Marx’s theory before advancing his own original interpretation, drawing on contemporary philosophy and economic theory to provide a refreshingly interdisciplinary exegesis.

Economics
Philosophy
Textbooks and Learning Guides

Wellbeing, Freedom and Social Justice: The Capability Approach Re-Examined

Ingrid Robeyns

Wellbeing, Freedom and Social Justice also endeavors to resolve historical disputes in the literature and thus will be equally engaging to those familiar with the field. The author offers a novel and illuminating account of how the capability approach can be understood in a variety of academic disciplines and fields of application. Special attention is paid to clarifying misunderstandings that have been caused by different disciplinary assumptions and the interpretive consequences they have for our consideration of the capability approach.

Economics
Politics and Sociology

Just Managing? What it Means for the Families of Austerity Britain

Mark O'Brien
Paul Kyprianou

At a time when the impact of austerity is more relevant than ever, Just Managing? cuts through the debates and sloganeering to give some of the real people behind the headlines and statistics a chance to tell their stories. It tracks the lives of thirty working families in Liverpool over one year, as they struggle to manage on incomes at or around the National Minimum Wage. Their accounts are placed within the economic and political context that has shaped their experiences and that of millions of other working families across the country.

Economics
Politics and Sociology

Tyneside Neighbourhoods: Deprivation, Social Life and Social Behaviour in One British City

Daniel Nettle

Tyneside Neighbourhoods uses multiple research methods to explore social relationships and social behaviour, attempting to understand whether the experience of deprivation fosters social solidarity, or undermines it. The book is distinctive in its development of novel quantitative methods for ethnography: systematic social observation, economic games, household surveys, crime statistics, and field experiments.

Economics

Is Behavioral Economics Doomed? The Ordinary versus the Extraordinary

David K. Levine

With the current fashion for criticizing economic theory for focusing too much on rationality and ignoring the imperfect and emotional way in which real economic decisions are reached, behavioral economics – the effort to incorporate psychological ideas into economics – has become all the rage. This book questions the idea that behavioural economics is the answer to economic problems. It not only provides an overview of popular behavioral theories and their history, but also gives the reader the tools for scrutinizing them. Levine’s book is essential reading for students and teachers of economic theory and anyone interested in the psychology of economics.

Economics

Economic Fables

Ariel Rubinstein

Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world’s foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. The book is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field.