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Economics and Finance (R0)

Kjetil Bjorvatn

Microeconomics Made Simple

An ABC in 1-2-3

&lt;p&gt;Money, Prices and Preferences.- More on Choosing Between Goods.- Consumers at Work.- Alternative Behaviour.- Humans and Machines.- What Does It Cost to Produce More?.- Is It Worth It?.- Perfect Competition.- Economic Efficiency.- Economic Policy.- Monopoly.- Oligopoly.- Game Theory.&lt;/p&gt;

Palgrave Studies in Public Debt, Spending, and Revenue

This book examines the interplay of professional norms and political accountability in the process of making decisions about whether, how, and how much debt state and local governments should incur. The careful analysis of accountability in actual decisions, focusing particularly on whether and how individual and collective decision-making behavior responds to general (stipulated) norms and situational (negotiated) expectations in their broader social contexts, is a familiar approach in the study of management and public organizations generally, but has not been extensively applied to this area of public financial decision making. Political economists, especially those identified with the public-choice approach, have done extensive macro-level normative and theoretical analysis of public debt, but not in an empirically rich fashion. This book therefore constitutes a missing link that uses analyses of selected cases to advance conceptual understandings of organizational accountability spaces in general, and decisions to incur public indebtedness and the implications of those decisions specifically, by examining the intersection of the macro, meso, and micro levels of expectations for and practices of public financial decision making.

Professionalism and Accountability in Public Finance Decision-Making

Debt Reckoning

Dieses Buch bietet einen kompakten und inhaltlich fundierten Überblick über die zentralen Grundlagen der Volkswirtschaftslehre. Es eignet sich besonders als begleitende Lektüre für Veranstaltungen zur Einführung in diesen Themenbereich.Der Staat und seine Bediensteten sind entscheidende Akteure in jeder Volkswirtschaft. Sie beeinflussen die Rahmenbedingungen des Wirtschaftsgeschehens, regulieren Marktversagen und sind selbst Produzent und Konsument. Um der staatlichen Verantwortung für eine zukunftsfähige Gesellschaft auf allen Ebenen zielgerichtet und effizient gerecht werden zu können, ist ein grundlegendes Verständnis ökonomischer Zusammenhänge unabdingbar.Anhand der wichtigsten mikroökonomischen Grundlagen erläutert dieses Buch die ökonomischen Rahmenbedingungen und Möglichkeiten von Märkten. Makroökonomisches Grundwissen hilft den Studierenden dabei, Bezüge zur Wirtschaftspolitik herstellen zu können. Die Autoren arbeiten die besondere Rolle des Staates in derMarktwirtschaft heraus und liefern so gerade angehenden Beamtinnen und Beamten grundlegende Kenntnisse über die ökonomischen Auswirkungen staatlichen Handelns.Ergänzt durch Wiederholungsaufgaben und Lösungsvorschläge, stellt das Buch insbesondere beim Erstkontakt mit volkswirtschaftlichen Fragestellungen eine anwendungsbezogene Orientierungshilfe dar. Für die neue Auflage wurde das Buch komplett überarbeitet und um einen Übungsteil mit acht beispielhaften Übungsklausuren und den dazugehörigen Lösungen erweitert. Für die dritte Auflage wurde das Buch aktualisiert und barrierefrei gemacht.

Eine anwendungsorientierte Einführung in die allgemeine Volkswirtschaftslehre

Markt und Staat

World Scientific Lecture Notes In Economics And Policy

This book attempts to understand the operation and properties of 'market economies'. We do this by carefully examining, refining and in some cases extending the major theorems that Microeconomics has established in response to the Walrasian conjecture. We critically evaluate theorems and results, that assert the existence, uniqueness, stability, optimality and empirical relevance of Walrasian equilibrium states. As a result of our work, we attempt to comment on the wisdom of recommending that socio-economic systems operate as a collection of deregulated competitive markets.

Lectures In General Equilibrium Microeconomics

Foundations of Finance

This book takes readers through the world of finance from a lay-person's perspective. It presents, clarifies and illustrates the fundamental concepts of financial proficiency to all who don't have prior knowledge or expertise in financial matters. The author further outlines the financial operations of business firms and individuals in a clear and accessible manner.The book:<ul> <li>Discusses the fundamentals of finance and accounting</li> <li>Provides an understanding of financial statements for managerial decision-making</li> <li>Includes financial analysis for resource allocation and shareholders' wealth maximisation</li> <li>Discusses management of finances and investments in day-to-day lives</li> </ul>Presenting current global trends and real-world cases in finance and richly illustrated with tables and figures, this volume will be indispensable for individuals, business managers and management students pursuing courses related to financial accounting. It will also be an important resource for executive and management development programmes (EDPs and MDPs) as well as professionals interested in a short refresher course on finance.

Finance for Beginners

The Promise and Peril of Navigating Our Agentic AI Future

When Machines Act

Make better high-stakes decisions in uncertainty by developing the 3 agilities (emotional, cognitive, and navigational) needed to lead when no clear answers exist. Today's leaders face a difficult challenge: They must make high-stakes decisions before they have enough information to know whether those choices will succeed. Organizations operate in a BANI world, one that is brittle, anxious, nonlinear, and increasingly difficult to predict. Yet many leaders continue to make strategic decisions using mental models built for a more stable era. This book reveals why leaders often narrow their options under pressure, mistake activity for impact, and seek certainty when ambiguity demands something different. Executive coach Karin Blair shows that the quality of strategic decisions depends less on what leaders know and more on what they can hold without reacting, oversimplifying, or forcing premature resolution. Through a powerful framework built around 3 interconnected agilities, readers learn how to <ul><li>build emotional agility to stay grounded under pressure,</li><li>develop cognitive agility to hold competing perspectives and challenge assumptions, and</li><li>strengthen navigational agility to sustain commitment when results remain uncertain.</li></ul> Filled with practical leadership insights and real-world examples, this book helps leaders expand their decision field, choose coherence over relief, and create strategies that compound into meaningful long-term impact.

3 Agilities for Strategic Decisions

Capacity Under Pressure

Classroom Companion: Economics

Static Models of Risk-Sharing

Economics of Uncertainty

Issues and Behaviors

Consumer Economics

This textbook, now published in its second edition, offers a comprehensive and accessible introduction to game theory, with balanced coverage of both noncooperative and cooperative approaches to strategic decision-making. The noncooperative chapters examine advanced topics such as perfect and proper equilibria, evolutionary stable strategies, and correlated equilibrium, alongside subjects that are often underrepresented in comparable textbooks.The cooperative game theory sections address core topics including coalitional games, cake-cutting and fairness, cooperative bargaining, and matching theory. In addition, the book features a dedicated chapter on implementation theory, linking theoretical foundations to modern applications in economic design.Designed for one-semester advanced undergraduate or graduate-level courses, the book clearly distinguishes itself from other texts at the same level. Each chapter opens with precise theoretical definitions and proceeds with carefully worked-out examples. Selected chapters include formal propositions that either establish the existence of equilibrium in abstract settings or clarify relationships between key game-theoretic concepts.While rigorous in scope, the book assumes no advanced background in calculus or algebra. The mathematical exposition is deliberately kept clear, self-contained, and accessible, enabling readers to engage confidently with proofs and apply theoretical ideas to practical examples.This revised and extended second edition substantially broadens the foundations and applications of Mastering Game Theory. It introduces a stronger epistemic framework, enriches the treatment of equilibrium concepts, expands the analysis of correlated equilibrium, and incorporates well-known examples of auctions, implementation, voting, and matching markets. With approximately 90 pages of new material and 20 additional figures, the second edition enhances the book’s coherence, depth, and relevance for advanced students and early-career researchers.A companion workbook is also available, offering a rich collection of exercises and fully worked solutions ranging from basic applications to challenging mathematical problems.

This textbook, now published in its second edition, offers a comprehensive and accessible introduction to game theory, with balanced coverage of both noncooperative and cooperative approaches to strategic decision-making. The noncooperative chapters examine advanced topics such as perfect and proper equilibria, evolutionary stable strategies, and correlated equilibrium, alongside subjects that are often underrepresented in comparable textbooks.The cooperative game theory sections address core topics including coalitional games, cake-cutting and fairness, cooperative bargaining, and matching theory. In addition, the book features a dedicated chapter on implementation theory, linking theoretical foundations to modern applications in economic design.Designed for one-semester advanced undergraduate or graduate-level courses, the book clearly distinguishes itself from other texts at the same level. Each chapter opens with precise theoretical definitions and proceeds with carefully worked-out examples. Selected chapters include formal propositions that either establish the existence of equilibrium in abstract settings or clarify relationships between key game-theoretic concepts.While rigorous in scope, the book assumes no advanced background in calculus or algebra. The mathematical exposition is deliberately kept clear, self-contained, and accessible, enabling readers to engage confidently with proofs and apply theoretical ideas to practical examples.
 This revised and extended second edition substantially broadens the foundations and applications of 
 Mastering Game Theory
 . It introduces a stronger epistemic framework, enriches the treatment of equilibrium concepts, expands the analysis of correlated equilibrium, and incorporates well-known examples of auctions, implementation, voting, and matching markets. With approximately 90 pages of new material and 20 additional figures, the second edition enhances the book’s coherence, depth, and relevance for advanced students and early-career researchers.
 A companion workbook is also available, offering a rich collection of exercises and fully worked solutions ranging from basic applications to challenging mathematical problems.

A Comprehensive Introduction to Strategic Decision Making

Mastering Game Theory

Decisions are everywhere--from a group's choice of pizza to a decision on a family vacation to the elections of political leaders. Central to the functioning of our organizations is the belief that these decisions reflect the wishes of voters. Yet most voting rules are unreliable and can lead to unfair outcomes. And, while a large body of academic literature describes the flaws and limitations of standard voting methods, little is known about why they occur.

In Fair Voting Methods, Donald G. Saari explores the difficulties that have plagued social choice theory for over seventy-five years. Focusing on ranked choice voting and group decision-making, Saari expands on Arrow's impossibility theorem and presents a more precise statement: all standard voting rules either fail to always rank the candidates to determine who is preferred to whom, or the voting outcomes can result in inferior choices that are not what the voters wanted. Saari then identifies and resolves the structures that negatively impact voting systems. While Arrow's seminal result asserted that the problems of standard voting systems are unavoidable, Saari makes a bold and compelling case that there are indeed usable fair voting methods. He introduces one such method that achieves Arrow's objectives of always ranking candidates with outcomes that reflect voters' intent. The book concludes by applying insights from voting theory into other topics where parts are also assembled into wholes, including judgement aggregation, corporate structures, crime prevention, the US Electoral College, and standard scientific procedures.

Resolving Arrow's Theorem and Other Paradoxes

Fair Voting Methods

Contributions to Economics

This book is of interest to economists working in applied demand analysis, marketing professionals studying product substitution and complementarity, and policymakers evaluating the effects of taxes, subsidies, and regulatory interventions on consumer behavior. Applying the analytical framework on the internal structure of consumption, this book explores how different categories of consumer spending interact and how these relationships shape the broader structure of consumption.The analyses focus on timely and policy-relevant issues, including the distributional impacts of the COVID-19 pandemic, inflation, the implementation of safe drinking water standards (with particular attention to low-income households), and the potential effects of carbon taxes on consumer expenditures.A key strength of the framework lies in its ability to derive comprehensive arrays of own- and cross-price elasticities from household expenditure survey data—even in the absence of direct price information.

Impacts of Price Elasticities, Saving, and Inflation

Studies in the Internal Structure of Consumption

Das Ingenieurwesen ist im Umbruch. Generative KI ist gekommen, um zu bleiben. Ingenieurinnen und Ingenieure nutzen die verfügbaren Werkzeuge, um Lösungen für technische Probleme zu entwickeln. Das liegt tief in der Natur des Ingenieurwesens.
 
 Dieses Buch verbindet generative KI mit konkreten Anwendungsfeldern – fundiert, praxisorientiert und interdisziplinär. Die Inhalte richten sich explizit an Anwenderinnen und Anwender in Ingenieurberufen, im Technologie- und Projektmanagement sowie an Fachkräfte aus Industrie und Weiterbildung.
 
 Die Gliederung umfasst sechs thematische Schwerpunkte: den Wandel der Wissensarbeit, den praktischen Umgang mit LLMs, Anwendungsfelder und Chancen, Einschränkungen und Risiken, die Implementierung generativer KI sowie einen Ausblick auf zukünftige Entwicklungen. Ergänzt wird dies durch zahlreiche Abbildungen und Tabellen, Promptvorlagen sowie Anwendungsbeispiele aus den Bereichen Wissensmanagement und Vibe-Coding.

Wertschöpfung mit Sprachmodellen

Generative KI in der Ingenieurpraxis

Microeconomics Made Simple

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