This book reviews and develops Bayesian non-parametric and semi-parametric methods for applications in microeconometrics and quantitative marketing. Most econometric models used in microeconomics and marketing applications involve arbitrary distributional assumptions. As more data becomes available, a natural desire to provide methods that relax these assumptions arises. Peter Rossi advocates a Bayesian approach in which specific distributional assumptions are replaced with more flexible d...

This book is about preferences, principally as they figure in economics. It also explores their uses in everyday language and action, how they are understood in psychology and how they figure in philosophical reflection on action and morality. The book clarifies and for the most part defends the way in which economists invoke preferences to explain, predict and assess behavior and outcomes. Hausman argues, however, that the predictions and explanations economists offer rely on theories of ...

Master the 4 Ps of marketingThis book is a practical and accessible guide to understanding and implementing the marketing mix, providing you with the essential information and saving time.In 50 minutes you will be able to:• Launch a new product or test an existing marketing strategy• Understand the 4 Ps of the marketing mix and use them to attract your target market• Analyze case studies of well-known companies to see how the ...

A nontechnical, concise, and rigorous introduction to the rational choice paradigm, focusing on basic insights applicable in fields ranging from economics to philosophy.This book offers a rigorous, concise, and nontechnical introduction to some of the fundamental insights of rational choice theory. It draws on formal theories of microeconomics, decision making, games, and social choice, and on ideas developed in philosophy, psychology, and sociology. Itzhak Gilboa ...

In a world where there is increasing demand for the performance of health providers to be measured, there is a need for a more strategic vision of the role that performance measurement can play in securing health system improvement. This volume meets this need by presenting the opportunities and challenges associated with performance measurement in a framework that is clear and easy to understand. It examines the various levels at which health system performance is undertaken, the technica...

"1. Mike spends all his income on tennis balls and basketball tickets. His demand curve for tennis balls is elastic. Tr«, or false: If the price of tennis balls rises, he consumes more tickets. Explain. 2. At current prices, housing costs $50 per unit and the composite good has a price of $1 per unit. A wealthy benefactor has given Joe, a penniless person, 1 unit of housing and 50 units of the composite good. Now the price of housing falls by half. True or false: Joe is n...

Presenting the dynamic laws of economic quantities, this book tackles one of the core difficulties of current economic theory: that of transforming abstract equations of equilibrium into precise dynamic rules. The theoretical framework of neoclassical micro theory has historically prohibited its development into a quantitative science. Estola identifies the main weaknesses of this framework as follows: 1) Static optimization does not allow for the modelling of time-dependent production and...

**`Else and Curwin make an effort to keep the student in touch with recent developments by including such topics as bargaining search, contestable markets and voting behaviour...it will certainly appeal to those who wish to keep economic theory accessible to as wide a range of students as possible.'**Times Higher Education SupplementThis clear, concise introduction to intermediate microeconomics is essential reading for students with previous knowledge of economic principle...

Can hunger be a good business? Yes, and in fact, it is the only business that has ever been. Whatever the business you are in, you are in the hunger business: hunger for food, hunger for clothing, hunger for transportation, etc.This book extends the notion of Social Entrepreneurship and places it into a bigger picture: the entrepreneurship for the masses. The book revisits every aspect of business administration (microeconomics, marketing, operations and innovation) and turns them i...

Macroeconomics of Climate Change in a Dualistic Economy: A Regional General Equilibrium Analysis generates significant, genuinely novel insights about dual economies and sustainable economic growth. These insights are generalize-able and applicable worldwide. The authors overcome existing limitations in general equilibrium modeling. By concentrating on tensions between green growth and dualism, they consider the global efforts against climate change and opposition by specific countries bas...

As the Building Regulations and Approved Documents have become more and more complex, they have become increasingly unfriendly for a professional user. Compliance is only possible by understanding a wide range of supporting documentation. Alternative approaches are implied, but not described or analysed. This series of books on individual Documents goes far beyond analysis of the Regulations and Documents themselves, and offers practical advice on using not just the traditional routes to c...

Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using di...