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Advances in Japanese Business and Economics

Toshiaki Hiromitsu

Resolving Intergenerational Conflicts

An Approach from Philosophy, Economics, and Experiments

&lt;p&gt;Introduction.-&amp;nbsp;Duty and Reciprocity in Intergenerational Ethics.-&amp;nbsp;Developing Intergenerational Cooperation Based on Public Reciprocity - Intergenerational Cooperation through the Kantian Categorical Imperative.-&amp;nbsp;Considerations for Policy Decisions Involving Multiple Generations - An Examination through an Economic Experiment on Fiscal Policy.-&amp;nbsp;The Meaning of Equal Treatment of Present and Future Events - Time Discounting.-&amp;nbsp;Conclusion.&lt;/p&gt;

This handbook provides a comprehensive guide to the economics, law and governance of carbon pricing in Africa. It explores carbon trading in Africa and sets the agenda for its adoption through robust economic policies, effective governance, contextualised policies and regulations. The specific challenges to carbon trading in Africa, the market mechanisms, laws and regulatory policies required to foster sustainable development within the continent are highlighted, with a particular focus on the energy, manufacturing and forestry sectors. The economic context underpinning carbon trading, the inclusion of Africa within global carbon trading schemes, forestry economics, the legal requirements of carbon trading, and the political economy of carbon pricing are also discussed.
This book offers a practical framework for emission trading and the green transition within Africa, which brings together ideas and approaches from across economics, law, and finance. It will be relevant to students, researchers, and policymakers interested in environmental and development economics.

The Palgrave Handbook of Carbon Trading in Africa

Resources, Climate and Sustainable Development

This book provides a comprehensive framework for analyzing efficiency and productivity with a focus on sustainability applications. It uniquely integrates theoretical foundations, empirical methodologies, and practical programming implementations in Stata. The innovative approach bridges the gap between abstract concepts and applied research by offering step-by-step guidance on implementing advanced analytical techniques.The book covers both parametric and non-parametric methods, spanning from basic efficiency concepts to sophisticated models including Data Envelopment Analysis (DEA), Stochastic Frontier Analysis (SFA), Parametric Linear Programming (PLP), and econometric methods. Special attention is given to environmental efficiency measurement, green total factor productivity, and sustainability metrics that are increasingly relevant in policy and research contexts.This book serves as a comprehensive monograph for advanced undergraduate and graduate students in economics, management, and environmental economics and management, as well as an essential reference for researchers in efficiency and productivity analysis. Readers will gain both theoretical understanding and practical skills to conduct rigorous efficiency and productivity analysis for sustainability applications in their own research and professional work.

Theory, Application and Programming

Efficiency and Productivity Analysis for Sustainability

Disaster Studies and Management

Transboundary Water Governance and Risk-Informed Planning

Shifting Lands, Flowing Waters

Why unfettered free-market capitalism endangers democracy—and what to do about it. In Private Power and Democracy’s Decline, Mordecai Kurz explores the relationship between free-market capitalism and democracy. He shows that technology has made capitalism different from what was envisioned in the Age of Enlightenment. Technology creates centers of market power and monopoly concentration that result in a society in which some people are enriched immensely while many workers’ livelihoods are often destroyed. Contrary to conventional thinking, technological competition does not remove market power, which becomes a permanent fixture of free-market capitalism. Such private power creates political inequality and generates forces that cause democracy’s decline and possible destruction. Applying these ideas to the US, Kurz shows that today’s problems begin in the 1980s with the policy of unregulated free-market capitalism. Coupled with the information technology revolution, this created a techno-winner-takes-all economy—leading to a second Gilded Age of unsustainable inequality and extreme political polarization. In the last 50 years, the economy “boomed” for some while leaving the majority of America’s workers behind. Kurz concludes that only regulated capitalism can support democracy so that the benefits of technology are more equally shared and no person’s livelihood is destroyed to enable others to be enriched. To save democracy, he proposes a “restoration-of-livelihood” policy, offering firms managerial flexibility to maintain rising productivity while ensuring that technology does not destroy the livelihood of others.

Why unfettered free-market capitalism endangers democracy—and what to do about it. In Private Power and Democracy’s Decline, Mordecai Kurz explores the relationship between free-market capitalism and democracy. He shows that technology has made capitalism different from what was envisioned in the Age of Enlightenment. Technology creates centers of market power and monopoly concentration that result in a society in which some people are enriched immensely while many workers’ livelihoods are often destroyed. Contrary to conventional thinking, technological competition does not remove market power, which becomes a permanent fixture of free-market capitalism. Such private power creates political inequality and generates forces that cause democracy’s decline and possible destruction. Applying these ideas to the US, Kurz shows that today’s problems begin in the 1980s with the policy of unregulated free-market capitalism. Coupled with the information technology revolution, this created a techno-winner-takes-all economy—leading to a second Gilded Age of unsustainable inequality and extreme political polarization. In the last 50 years, the economy “boomed” for some while leaving the majority of America’s workers behind. Kurz concludes that only regulated capitalism can support democracy so that the benefits of technology are more equally shared and no person’s livelihood is destroyed to enable others to be enriched. To save democracy, he proposes a “restoration-of-livelihood” policy, offering firms managerial flexibility to maintain rising productivity while ensuring that technology does not destroy the livelihood of others.

How to Make Capitalism Support Democracy

Private Power and Democracy's Decline

Resources, Environment and Agricultural Development

This book focuses on the UN Sustainable Development Goals, using nationally representative datasets from the China Rural Household Panel Survey and China Labor-force Dynamics Survey to reveal the temporal and spatial evolution of cropland abandonment in rural China, and systematically examines the underlying drivers and governance strategies of farmers' cropland abandonment.
More specifically, this book creatively uses "People-Land-Money-Rights" as an analytical clue, and comprehensively employs modern econometric methods such as panel Tobit model, staggered DID model, and panel fixed-effect model to empirically investigate the impact of off-farm employment, land fragmentation, agricultural comparative return, and tenure insecurity on farmers' cropland abandonment. Based on these, this book also further explores the role of new agricultural business entities, farmland water conservancy projects, agricultural subsidy reform, and land tenure reform in curbing cropland abandonment. This book highlights the urgent need to address cropland abandonment and provides valuable insights into land protection in the context of food security and sustainable agriculture.

This book focuses on the UN Sustainable Development Goals, using nationally representative datasets from the China Rural Household Panel Survey and China Labor-force Dynamics Survey to reveal the temporal and spatial evolution of cropland abandonment in rural China, and systematically examines the underlying drivers and governance strategies of farmers' cropland abandonment.More specifically, this book creatively uses "People-Land-Money-Rights" as an analytical clue, and comprehensively employs modern econometric methods such as panel Tobit model, staggered DID model, and panel fixed-effect model to empirically investigate the impact of off-farm employment, land fragmentation, agricultural comparative return, and tenure insecurity on farmers' cropland abandonment. Based on these, this book also further explores the role of new agricultural business entities, farmland water conservancy projects, agricultural subsidy reform, and land tenure reform in curbing cropland abandonment. This book highlights the urgent need to address cropland abandonment and provides valuable insights into land protection in the context of food security and sustainable agriculture.

Evidence from the "People-Land-Money-Rights" Framework

Cropland Abandonment in Rural China

Discover how past climatic events have shaped economic, political, and social structures.&nbsp;This book discusses the effects of climate change on major historical junctures, including: the evolution of our species to anatomically modern humans, human dispersal from the cradle of humanity, the peopling of our world over time, the transition to sedentary life, the introduction of farming, the collapse of complex societies, the demise of civilizations, the decline of kingdoms and empires, the outbreak of conflicts, and the spread of infectious diseases. Historical episodes explored include the evolution of hominins, human migration patterns, the development of agriculture, and the rise and fall of civilizations especially during the 4.2 ka event, the Late Bronze Age Crisis, and the Little Ice Age. Blending theoretical perspectives and evidence from multiple disciplines, the book examines how climate anomalies have led to societal changes.
 Exploring the interplay between climate and economies, 
 Climate Change, Economic Channels, and Historical Junctures
 amplifies the connections between climate change and human history. Throughout the book, economist Sherif Khalifa emphasizes the economic consequences of climate change, offering unique insights into how environmental factors have driven historical outcomes. Chapters underscore the significance of understanding these historical patterns to predict—and mitigate—potential future impacts of ongoing climate change.
 &nbsp;Sherif Khalifa
 is Professor of Economics at California State University, Fullerton. He also served as a diplomat for Egypt's Ministry of Foreign Affairs. His research is oriented around a few key areas, including development economics, international economics, political economy, and Middle East affairs. He is the author of 
 Geography and the Wealth of Nations 
 as well as 
 Egypt’s Lost Spring
 .

Discover how past climatic events have shaped economic, political, and social structures.This book discusses the effects of climate change on major historical junctures, including: the evolution of our species to anatomically modern humans, human dispersal from the cradle of humanity, the peopling of our world over time, the transition to sedentary life, the introduction of farming, the collapse of complex societies, the demise of civilizations, the decline of kingdoms and empires, the outbreak of conflicts, and the spread of infectious diseases. Historical episodes explored include the evolution of hominins, human migration patterns, the development of agriculture, and the rise and fall of civilizations especially during the 4.2 ka event, the Late Bronze Age Crisis, and the Little Ice Age.&nbsp; Blending theoretical perspectives and evidence from multiple disciplines, the book examines how climate anomalies have led to societal changes.
 Exploring the interplay between climate and economies, 
 Climate Change, Economic Channels, and Historical Junctures
 amplifies the connections between climate change and human history. Throughout the book, economist Sherif Khalifa emphasizes the economic consequences of climate change, offering unique insights into how environmental factors have driven historical outcomes. Chapters underscore the significance of understanding these historical patterns to predict—and mitigate—potential future impacts of ongoing climate change.

How Climate Change Shaped Human History

Climate Change, Economic Channels, and Historical Junctures

A landmark practical guide from the twenty-first-century pioneer in economics. Experimental economics--generating and interpreting data to understand human decisions, motivations, and outcomes--is today all but synonymous with economics as a discipline. The advantages of the experimental method for understanding causal effects make it the gold standard for an increasingly empirical field. But until now the discipline has lacked comprehensive and definitive guidance for how to optimally design and conduct economic experiments. For more than 30 years, John A. List has been at the forefront of using experiments to advance economic knowledge, expanding the domain of economic experiments from the lab to the real-world. Experimental Economics is his A-to-Z compendium for students and researchers on the ground floor of designing, conducting, analyzing, and interpreting data that they generate. List seeks not only to guide readers on how to develop and implement their experimental projects--everything from design to administrative and ethical considerations--but to help them avoid all the mistakes he's made in his career, too. Experimental Economics codifies its author's refined approach to the design, execution, and analysis of laboratory and field experiments. It is a milestone work poised to become the definitive reference for the next century of economics (and economists).

Theory and Practice

Experimental Economics

How can people peacefully cooperate with others to improve their lives? This important book answers this question by introducing readers to the Austrian school of economics. Austrian economics is a heterodox tradition with a distinct philosophy of science stressing purposive individual action, subjective value, the unique nature of economic knowledge, and the importance of prices and markets for coordination. Beginning in Austria in the 1870s with the work of Carl Menger, the ideas of those working in this tradition shaped the field of economics as we know it today. Coyne and Hall tell the story of the key thinkers and ideas in the Austrian school. In doing so, they demonstrate the tradition's ongoing relevance to a wide range of contemporary issues, including entrepreneurship, development, government regulation, artificial intelligence, business cycles and recessions, infectious diseases, recovery from natural disasters, and war. Comprehensive and accessibly written, Austrian Economics: An Introduction is an indispensable resource on its topic. Readers will come away with a better understanding of economics and an appreciation of the marvel of human cooperation.

A Introduction

Austrian Economics

Sustainable Development Goals Series

This book presents green hydrogen as a transformative force set to redefine the energy landscape. Offering a meticulous and current analysis, it caters to the increasing demand for expertise from investors, policymakers, students and industry leaders. This book covers the entire product life cycle, from sourcing to consumption, addressing technical challenges and solutions related to green hydrogen&nbsp;supply chain. Amid the global energy transition and the Indian Green Hydrogen Mission, this book is&nbsp;an essential read. It delves into the intricacies, potential and challenges of green hydrogen production, storage, transportation&nbsp;amid&nbsp;the ambitious targets of the Indian hydrogen mission. With billions being invested by venture capitalists and energy giants, this book provides knowledge to make informed decisions, including a comparative analysis of green hydrogen with other renewable energy sources like bioenergy and battery storage. As the regulatory framework for green hydrogen evolves rapidly, this book deciphers the complex policy landscape, clarifying incentives, mandates and the path towards a hydrogen-powered economy. It also offers market intelligence, revealing diverse applications of green hydrogen from industrial decarbonization to clean transportation, forecasting market growth and identifying key players. Social acceptance and public perception of green hydrogen are also explored, highlighting factors that could influence its adoption.

A Comprehensive Guide to Policies, Supply Chain and Market Dynamics in India

Green Hydrogen Transition

A powerful and personal examination of our most persistent and dangerous misunderstandings, myths and stereotypes about sexual harassment and assault In 2017, Brooke Nevils made a confidential HR complaint about one of the most powerful and familiar faces in media. Twenty-four hours later, the highest paid morning news anchor in history was fired, stunning millions of Americans in one of the MeToo era’s defining stories. Demanding answers—and the intimate details of the most personal and painful humiliation of her life—the press soon discovered her identity. But hers was not the kind of black-and-white story the media knew how to tell. There’d been no explicit threats. She hadn’t screamed, fought, or gone to the police. Instead, she returned to her abuser again and again in a frantic attempt to “fix” an impossible situation that threatened her livelihood and the people closest to her. Yet as MeToo unfolded, Brooke learned that messy stories like hers were far from the exception, and that nearly everything she’d believed about sexual harassment and assault—and how victims react to it—was wrong. She began a yearslong effort to confront and understand her own experience, not simply as a woman reckoning with her past, but as a journalist confronting the critical questions that MeToo asked but ultimately left unanswered. Through groundbreaking interviews with leading clinicians, forensic professionals, attorneys, and frontline researchers, Unspeakable Things challenges our understanding of consent, power, and the lingering, often misunderstood effects of trauma and shame. Despite its rarefied setting at the height of fame, power, and American media, Brooke’s story serves as a textbook example of an all-too-common scenario that continues to devastate lives and enable abusers. This book is a powerful re-examination of everything we think we know, the start to a new conversation, and—for anyone who has ever felt ashamed, hopeless, alone, and afraid—a light in the dark.

A powerful and personal examination of our most persistent and dangerous misunderstandings, myths and stereotypes about sexual harassment and assault In 2017, Brooke Nevils made a confidential HR complaint about one of the most powerful and familiar faces in media. Twenty-four hours later, the highest paid morning news anchor in history was fired, stunning millions of Americans in one of the MeToo era’s defining stories. Demanding answers—and the intimate details of the most personal and painful humiliation of her life—the press soon discovered her identity. But hers was not the kind of black-and-white story the media knew how to tell. There’d been no explicit threats. She hadn’t screamed, fought, or gone to the police. Instead, she returned to her abuser again and again in a frantic attempt to “fix” an impossible situation that threatened her livelihood and the people closest to her. Yet as MeToo unfolded, Brooke learned that messy stories like hers were far from the exception, and that nearly everything she’d believed about sexual harassment and assault—and how victims react to it—was wrong. She began a yearslong effort to confront and understand her own experience, not simply as a woman reckoning with her past, but as a journalist confronting the critical questions that MeToo asked but ultimately left unanswered. Through groundbreaking interviews with leading clinicians, forensic professionals, attorneys, and frontline researchers, Unspeakable Things challenges our understanding of consent, power, and the lingering, often misunderstood effects of trauma and shame. Despite its rarefied setting at the height of fame, power, and American media, Brooke’s story serves as a textbook example of an all-too-common scenario that continues to devastate lives and enable abusers. This book is a powerful re-examination of everything we think we know, the start to a new conversation, and—for anyone who has ever felt ashamed, hopeless, alone, and afraid—a light in the dark.

Silence, Shame, and the Stories We Choose to Believe

Unspeakable Things

“If you read just one book about economics, make it Andrew Leigh's clear, insightful, and remarkable (and short) work.” —Claudia Goldin, recipient of the 2023 Nobel Prize in Economics and Henry Lee Professor of Economics at Harvard UniversityA sweeping, engrossing history of how economic forces have shaped the world—all in under 200 pagesOne of The Economist's Best Books of the YearIn How Economics Explains the World, Harvard-trained economist Andrew Leigh presents a new way to understand the human story. From the dawn of agriculture to AI, here is story of how ingenuity, greed, and desire for betterment have, to an astonishing degree, determined our past, present, and future.&nbsp;This small book indeed tells a big story. It is the story of capitalism – of how our market system developed. It is the story of the discipline of economics, and some of the key figures who formed it. And it is the story of how economic forces have shaped world history. Why didn’t Africa colonize Europe instead of the other way around? What happened when countries erected trade and immigration barriers in the 1930s? Why did the Allies win World War II? Why did inequality in many advanced countries fall during the 1950s and 1960s? How did property rights drive China’s growth surge in the 1980s? How does climate change threaten our future prosperity? You’ll find answers to these questions and more in How Economics Explains the World.“Can a short book survey the full history of something so vast and remain readable? To find out, read How Economics Explains the World, by Andrew Leigh. In simple, clear language—and less than 200 pages—it does exactly what its title promises. … Leigh canters through the history of human progress, pausing briefly to explain the economic forces and ideas that drove it forward. … Along the way, readers meet the big economic thinkers who sought to explain these forces. Both finance aficionados and mere novices will read, savour and return to this book.” –The Economist, “The Best New Books to Read about Finance”

“If you read just one book about economics, make it Andrew Leigh's clear, insightful, and remarkable (and short) work.” —Claudia Goldin, recipient of the 2023 Nobel Prize in Economics and Henry Lee Professor of Economics at Harvard UniversityA sweeping, engrossing history of how economic forces have shaped the world—all in under 200 pagesOne of The Economist's Best Books of the YearIn How Economics Explains the World, Harvard-trained economist Andrew Leigh presents a new way to understand the human story. From the dawn of agriculture to AI, here is story of how ingenuity, greed, and desire for betterment have, to an astonishing degree, determined our past, present, and future.&nbsp;This small book indeed tells a big story. It is the story of capitalism – of how our market system developed. It is the story of the discipline of economics, and some of the key figures who formed it. And it is the story of how economic forces have shaped world history. Why didn’t Africa colonize Europe instead of the other way around? What happened when countries erected trade and immigration barriers in the 1930s? Why did the Allies win World War II? Why did inequality in many advanced countries fall during the 1950s and 1960s? How did property rights drive China’s growth surge in the 1980s? How does climate change threaten our future prosperity? You’ll find answers to these questions and more in How Economics Explains the World.“Can a short book survey the full history of something so vast and remain readable? To find out, read How Economics Explains the World, by Andrew Leigh. In simple, clear language—and less than 200 pages—it does exactly what its title promises. … Leigh canters through the history of human progress, pausing briefly to explain the economic forces and ideas that drove it forward. … Along the way, readers meet the big economic thinkers who sought to explain these forces. Both finance aficionados and mere novices will read, savour and return to this book.” –The Economist, “The Best New Books to Read about Finance”

A Short History of Humanity

How Economics Explains the World

An Introduction

Resolving Intergenerational Conflicts

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