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Philosophy and Religion (R0)

Vincent F. Hendricks

WHAT ABOUT ME ISM

Insights from Game Theory, Behavioral Economics and Moral Philosophy

&lt;p&gt;Prologue.- 1: Life and zero-sum scenarios.- 2: The whataboutme game.- 3: Enough about me, what about you, what do you think of me?.- 4: Moral depravity.- 5: Seeing it coming a mile away.- 6: Separate spreadsheets.- 7: Coward or crook?.- 8: Work the problem, work together.- 9. What about you? It&amp;rsquo;s about us!.- A&lt;span lang="EN-US" style="font-size: 13.5pt; font-family: 'Calibri',sans-serif; color: black; mso-ansi-language: EN-US;"&gt;cknowledgements.- &lt;/span&gt;&lt;span lang="EN-US" style="font-size: 13.5pt; font-family: 'Calibri',sans-serif; color: black; mso-ansi-language: EN-US;"&gt;Notes.&lt;/span&gt;&lt;/p&gt;

Evolutionary Economics and Social Complexity Science

An Evolutionary Approach to Stabilizing an Unstable Economy

Microfoundations of Keynesian Economics

This book provides a clear and accessible introduction to industrial economics, designed to help readers understand how markets and firms operate in theory and practice. 
Beginning with the benchmark model of perfect competition, the book explains why economists use this idealized structure to assess efficiency and consumer welfare. The book examines real-world market structures—monopoly, oligopoly, and monopolistic competition—where firms exercise strategic power over prices and output. Chapters explore how companies compete, cooperate, and innovate, drawing on case-based examples to illustrate the dynamics of market behavior. The text also addresses regulation and competition policy, tracing the origins of antitrust legislation and presenting tools for measuring market power. These chapters equip readers to evaluate policy interventions and their implications for business strategy and consumer outcomes.
In its final section, the book turns to the economics of information, focusing on contract theory and the principal–agent problem. It demonstrates how incentives and asymmetric information shape decision-making within firms and markets, offering insights into governance and organizational design.
Combining rigorous analysis with practical applications, this book is an essential resource for undergraduate and graduate students in economics and business, as well as for readers seeking to understand the forces that shape modern industry.
&nbsp;
Cintya Lanchimba is Associate Professor in the Departamento de Economía Cuantitativa at the Escuela Politécnica Nacional in Ecuador. She also serves as Associate Researcher at IAE, IREGE, in France. Her research centers on distribution networks, market structure, franchise ecosystems, psychological capital, and family business

This book provides a clear and accessible introduction to industrial economics, designed to help readers understand how markets and firms operate in theory and practice. Beginning with the benchmark model of perfect competition, the book explains why economists use this idealized structure to assess efficiency and consumer welfare. The book examines real-world market structures—monopoly, oligopoly, and monopolistic competition—where firms exercise strategic power over prices and output. Chapters explore how companies compete, cooperate, and innovate, drawing on case-based examples to illustrate the dynamics of market behavior. The text also addresses regulation and competition policy, tracing the origins of antitrust legislation and presenting tools for measuring market power. These chapters equip readers to evaluate policy interventions and their implications for business strategy and consumer outcomes.In its final section, the book turns to the economics of information, focusing on contract theory and the principal–agent problem. It demonstrates how incentives and asymmetric information shape decision-making within firms and markets, offering insights into governance and organizational design.Combining rigorous analysis with practical applications, this book is an essential resource for undergraduate and graduate students in economics and business, as well as for readers seeking to understand the forces that shape modern industry.

The Economics of Markets, Firms, and Competition

Industrial Organization

A rigorous, cutting-edge overview of the range of methods used to conduct causal inference in the social sciences. This textbook provides a lucid, rigorous, and cutting-edge overview of the methods used to conduct causal inference in the social sciences, covering all the core techniques and latest advances. Offering a detailed survey of the current state of microeconometric theory, Damian Clarke delves deeply into machine learning applications and presents developments in difference-in-difference methods, instrumental variables, multiple hypothesis testing, and other advanced topics. With a diverse range of examples and exercises offering hands-on experience, Applied Microeconometrics equips graduate students and researchers to apply state-of-the art scholarship to actionable problems. <ul><li>Integrates a rich array of machine learning methods into causal modeling frameworks</li><li>Covers recent advances in difference-in-differences and dynamic research designs, formal discussions of challenges related to inference and hypothesis testing, and heterogeneity analysis</li><li>Features a breadth of real-world examples from recent papers</li><li>Includes coding implementation in Python, R, and Stata</li></ul>

Applied Microeconometrics

Develop a sound investment philosophy based on lessons from history Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter Investor is a highly entertaining and insightful look into key stories from history, teaching lessons about sound principles of investing, and controlling emotions and bias when managing your investment portfolio to help you become a stronger, more intelligent investor. Written by author and finance professor Stephen R. Foerster, this book spans from before the Middle Ages to the 2020s. Some of the stories in this book include: <ul> <li>Cristiano Ronaldo taking two bottles of Coke off a table at a press conference, and ostensibly causing Coca-Cola's stock value to plunge $4 billion</li> <li>Harry Markopolos trying to develop a strategy similar to Bernie Madoff's, realizing his strategy was bogus, and spending a decade proving his case</li> <li>A hostage crisis in twelfth century Venice involving trumped-up charges, conflict, deceit, a plague, and an angry mob, leading to the birth of government bonds</li> <li>A salad oil swindle almost destroying American Express, prompting Warren Buffett to make one of the best stock investments ever</li> </ul> For both experienced and novice investors, Trailblazers, Heroes, and Crooks: Stories to Make You a Smarter is a fun, accessible, and informative guide that through history shows, not tells, you how to develop an investment philosophy of guiding principles, and become a better investor.

Stories to Make You a Smarter Investor

Trailblazers, Heroes, & Crooks

SpringerBriefs in Economics

This book is novel in that it provides insights into the effects of information provision on people's perceptions and behavioral changes during the pandemic, and provides empirical evidence on its mechanisms and policy implications from different perspectives. It compares the different characteristics and effectiveness of information sources from the government, the news media, professionals in the field (health care workers), non-professional ordinary people, and the close environment, including family, friends, and colleagues. The consumer externality is the key concept in the analyses, as it identifies the effects of one's own consumption on the actions of others in constrained situations such as pandemics. Data from surveys conducted in Japan, the United States, and Germany suggest some implications for policymaking during a pandemic. One is related to differences in the characteristics of information. For example, information from experts in the field is perceived differently than information from other sources. Similarly, information from authorized organizations such as government and the news media remains critical in an emergency. Another relates to behavioral changes caused by the provision of information. Clearly, the effects of information on behavior change depend on the characteristics of the activity being addressed. We examine the effects on out-of-home and in-home activities during the pandemic, both of which focus on leisure activities, and show that the effects of information on each activity are quite different. Overall, this book provides empirical evidence for the importance of information dissemination policies that work with appropriate information providers and take into account country-specific attitudes to information.

This book is novel in that it provides insights into the effects of information provision on people's perceptions and behavioral changes during the pandemic, and provides empirical evidence on its mechanisms and policy implications from different perspectives. It compares the different characteristics and effectiveness of information sources from the government, the news media, professionals in the field (health care workers), non-professional ordinary people, and the close environment, including family, friends, and colleagues. The consumer externality is the key concept in the analyses, as it identifies the effects of one's own consumption on the actions of others in constrained situations such as pandemics. Data from surveys conducted in Japan, the United States, and Germany suggest some implications for policymaking during a pandemic. One is related to differences in the characteristics of information. For example, information from experts in the field is perceived differently than information from other sources. Similarly, information from authorized organizations such as government and the news media remains critical in an emergency. Another relates to behavioral changes caused by the provision of information. Clearly, the effects of information on behavior change depend on the characteristics of the activity being addressed. We examine the effects on out-of-home and in-home activities during the pandemic, both of which focus on leisure activities, and show that the effects of information on each activity are quite different. Overall, this book provides empirical evidence for the importance of information dissemination policies that work with appropriate information providers and take into account country-specific attitudes to information.

Behavioral Change by Information Provision in a Pandemic

Coalition formation is an important problem in economics, politics, and a broad range of other social situations. Examples of coalitions range from those at the level of individuals (families, couples, teams, employers, workers) through to those at the level of organisations and countries (political parties, free trade agreements, environmental agreements, military alliances). Traditionally, game theory has been divided into non-cooperative and cooperative games. The former approach scrutinizes individuals' rational behaviour under a well-specified process of a game. The latter presents various cooperative solutions based on collective rationality. Games and Coalitions draws on both approaches, providing a bridge between cooperative and non-cooperative analyses of coalition formation. Offering a useful research monograph regarding the models, results and applications of non-cooperative coalitional bargaining theory, this book illustrates how game theory applies to various economic and political problems, including resource allocation, public goods, wage bargaining, legislative bargaining, and climate cooperation.

Bridging Non-cooperative and Cooperative Approaches

Games and Coalitions

A searing exposé of the new tools of corporate profiteering and a field guide to the deceptive tactics companies are using to cheat consumers out of their money—and how we can get ahead of them—from a leading voice in economic policy and executive director of a corporate watchdog think tank Everywhere you turn, Americans are getting ripped off: Landlords use software to band together and organize artificial rent hikes. Ride-sharing apps spike the price of trips when your phone is about to die. Online ticket sellers hide behind exorbitant processing fees. And car companies install software that reports your driving behavior to insurance companies so that they can raise your premiums. Price gouging is the latest frontier in corporate profiteering—and it’s gutting the American economy and your wallet. In Gouged, economist and veteran consumer advocate Lindsay Owens takes us inside the corporate boardrooms where pricing decisions are made, uncovering the tricks, traps, and outright fraud corporations use to jack up the price you pay at checkout. From data collection to drone surveillance, modern technology provides companies a staggering arsenal of sophisticated tools to squeeze as much money out of consumers as possible, bringing in record profits as a result. Drawing on original reporting, shareholder meeting transcripts, and rigorous economic analysis, Owens takes aim at big-tech behemoths, airlines, health insurance companies, and more to pull back the curtain on how price gougers are coming for almost every line item in your household budget, from doctors’ visits to rent, groceries, and even your summer vacation. Gouged arms us with the essential knowledge we need to first recognize, then sidestep the traps that corporations try to conceal from us. In a world where price gouging has become ubiquitous, Gouged is necessary reading for anyone looking to stay an informed consumer, save money rather than surrender it to greedy CEOs, and stand up for fair prices in America.

A searing exposé of the new tools of corporate profiteering and a field guide to the deceptive tactics companies are using to cheat consumers out of their money—and how we can get ahead of them—from a leading voice in economic policy and executive director of a corporate watchdog think tank Everywhere you turn, Americans are getting ripped off: Landlords use software to band together and organize artificial rent hikes. Ride-sharing apps spike the price of trips when your phone is about to die. Online ticket sellers hide behind exorbitant processing fees. And car companies install software that reports your driving behavior to insurance companies so that they can raise your premiums. Price gouging is the latest frontier in corporate profiteering—and it’s gutting the American economy and your wallet. In Gouged, economist and veteran consumer advocate Lindsay Owens takes us inside the corporate boardrooms where pricing decisions are made, uncovering the tricks, traps, and outright fraud corporations use to jack up the price you pay at checkout. From data collection to drone surveillance, modern technology provides companies a staggering arsenal of sophisticated tools to squeeze as much money out of consumers as possible, bringing in record profits as a result. Drawing on original reporting, shareholder meeting transcripts, and rigorous economic analysis, Owens takes aim at big-tech behemoths, airlines, health insurance companies, and more to pull back the curtain on how price gougers are coming for almost every line item in your household budget, from doctors’ visits to rent, groceries, and even your summer vacation. Gouged arms us with the essential knowledge we need to first recognize, then sidestep the traps that corporations try to conceal from us. In a world where price gouging has become ubiquitous, Gouged is necessary reading for anyone looking to stay an informed consumer, save money rather than surrender it to greedy CEOs, and stand up for fair prices in America.

The End of a Fair Price--and What That Means for Your Wallet

Gouged

Rationality, Ethics, and the Art of Decision-Making

Choose Wisely

Synthesis Lectures on Operations Research and Applications

This book presents a comprehensive examination of crime patrolling problems across various domains, including robotics, security, and law enforcement, with a focus on the mathematical models used to optimize patrolling strategies. Patrolling is a critical crime prevention and deterrence strategy, requiring the effective allocation of resources to address evolving security challenges. In addition, patrolling is one of the most effective and widely adopted crime prevention and deterrence strategies worldwide. It is integral to security agencies such as police and military forces across various domains, including land, air, and maritime areas. As such, effective patrolling requires the coordination of manpower, technological resources, and policies to address evolving security challenges. The authors review recent research on robotic patrolling, multirobot systems, and police patrolling and also explore advances in modeling, optimization, and practical applications. In addition, the author’s analysis categorizes studies by core modeling themes, such as Game Theory, Mathematical Optimization, and Stochastic methods, and highlights the secondary modeling themes that frequently complement the primary approaches. Each study is categorized by fields including, but not limited to domain, patrolling focus, area representation, and solution methodology to facilitate cross-comparison. The book identifies gaps in current research, particularly the lack of a holistic examination of patrolling from robotic, autonomous, human, and hybrid perspectives, and proposes future directions for research in this evolving field.

A Cross-Domain Review of Mathematical Models and Applications

Optimizing Security Patrolling Strategies

Leere Schaufenster prägen das Bild vieler Innenstädte. Dieses Buch bietet eine fundierte Bestandsaufnahme und Analyse der Ursachen. Es geht um digitale Prozesse, um überholte Denkmodelle, die den stationären Handel schwächen, während Plattformökonomie, verändertes Konsumverhalten und Stadtentwicklung den Wandel beschleunigen.&nbsp;
Die Autoren zeigen durch ihre jahrzehntelange Erfahrung im stationären Handel, IT-Bereich und digitalem Handel, warum veraltete Strukturen und ein verändertes Kundenverhalten den Einzelhandel gefährden.
Dieses Buch ist ein kritischer Diskussionsbeitrag und zugleich eine Einladung an Händler, Stadtentwickler, Politiker und Konsumenten, die Zukunft unserer Innenstädte neu zu denken.
Der Inhalt
<ul>
<li>Ursachen für Leerstand, Frequenzverlust und den Bedeutungsverlust urbaner Räume.</li>
<li>Wandel im Einzelhandel – Das „Wheel of Retailing“ im Turbo Mode.</li>
<li>Digitale Disruption – Plattformökonomie, neue Marktlogik und der veränderte Kunde als Treiber des Umbruchs.</li>
<li>Ein Blick in die Zukunft: Wie KI, Regulierung und neue Erwartungen den Handel neu ordnen.</li>
</ul>

Leere Schaufenster – Eine Zeitenwende im Einzelhandel

The principal aim of this book is to reconcile game and decision theory within the subjectivist framework of rational choice. Traditional game theory, grounded in objectivist decision theory, shows clear limitations in explaining human behavior. By contrast, subjectivist decision theory appears far better suited to describe and anticipate decision making in real-life situations of rational choice and strategic conflict.The author extends Savage's groundbreaking approach to rational choice through a rigorous application of counterfactual reasoning. This principle is likewise employed to address strategic conflicts in a concise manner, departing from the ubiquitous equilibrium doctrine. To this end, he distinguishes between static, dynamic, and coherent games. The latter is new to game theory and describes situations in which all players know what the others are going to do. This gives rise to strategic interaction—an aspect largely overlooked in traditional game theory.The presented insights differ essentially from those obtained in traditional game theory. To facilitate a better understanding of the theoretical developments, alternative concepts of game theory are also examined. These comprise not only the objectivist approach, but also the epistemic approach and the theory of moves.The author concludes with a discussion of profound philosophical questions concerning determinism, freedom of choice, and causality, all of which are closely related to the subject matter. The book thus offers a fresh and modern perspective on game and decision theory.

The Subjectivist Approach to Game and Decision Theory

Rational Choice and Strategic Conflict

Der Tausch hat eine zentrale Bedeutung für die Zivilisationsgeschichte, die das Buch bis in die Gegenwart verfolgt und vor dem Hintergrund der ökologischen Krise kritisch reflektiert. Ursprünglich aus dem Ritus entstanden, reichen die Spuren seiner vielfältigen historischen Aufgaben bis in die Marktwirtschaft der Gegenwart. Das kulturökonomische Anliegen des Buches nutzt kunsthistorische und literaturwissenschaftliche Ansätze und ist sowohl wirtschaftshistorischer wie auch geistesgeschichtlicher Art. So maß die europäische Aufklärung dem Tausch eine Bedeutung bei auf dem Weg in die republikanische Zukunft. Als psychophysischer Zwang sollte er die arbeitende Bevölkerung zur Emsigkeit erziehen und die wirtschaftende Gesellschaft auf den Wohlfahrtspfad führen. 
Zwischen diesen Anfangsgründen der Marktwirtschaftslehre und der Ökonomik heute liegen Welten, die sich durch gegensätzliche Perspektiven auf den Tausch unterscheiden. Plural fächert das Buch sie auf und sieht die Chance für einen heterodox-ökonomischen Ansatz in der Fokussierung auf die diversen Masken der Identität, die der Tausch dem Subjekt der Geschichte aufsetzt. Sie entstammen seiner kontinuierlichen Kooperation mit der Religion, dem Gemeinsinn, der Arbeit und Sprache. 
Wie könnte eine neue Form des Tauschens aussehen, die aus der ökologischen Katastrophe herausführt? Die überbordende Kommerzialisierung und Kommodifizierung werden von vielen als kritisch empfunden und für die ökologische Katastrophe mitverantwortlich gemacht. Die Antwort ist das Ziel des Buches.

Der Tausch hat eine zentrale Bedeutung für die Zivilisationsgeschichte, die das Buch bis in die Gegenwart verfolgt und vor dem Hintergrund der ökologischen Krise kritisch reflektiert. Ursprünglich aus dem Ritus entstanden, reichen die Spuren seiner vielfältigen historischen Aufgaben bis in die Marktwirtschaft der Gegenwart. Das kulturökonomische Anliegen des Buches nutzt kunsthistorische und literaturwissenschaftliche Ansätze und ist sowohl wirtschaftshistorischer wie auch geistesgeschichtlicher Art. So maß die europäische Aufklärung dem Tausch eine Bedeutung bei auf dem Weg in die republikanische Zukunft. Als psychophysischer Zwang sollte er die arbeitende Bevölkerung zur Emsigkeit erziehen und die wirtschaftende Gesellschaft auf den Wohlfahrtspfad führen. Zwischen diesen Anfangsgründen der Marktwirtschaftslehre und der Ökonomik heute liegen Welten, die sich durch gegensätzliche Perspektiven auf den Tausch unterscheiden. Plural fächert das Buch sie auf und sieht die Chance für einen heterodox-ökonomischen Ansatz in der Fokussierung auf die diversen Masken der Identität, die der Tausch dem Subjekt der Geschichte aufsetzt. Sie entstammen seiner kontinuierlichen Kooperation mit der Religion, dem Gemeinsinn, der Arbeit und Sprache. Wie könnte eine neue Form des Tauschens aussehen, die aus der ökologischen Katastrophe herausführt? Die überbordende Kommerzialisierung und Kommodifizierung werden von vielen als kritisch empfunden und für die ökologische Katastrophe mitverantwortlich gemacht. Die Antwort ist das Ziel des Buches.

Kultur des Tauschs

Markt und Maske

WHAT ABOUT ME ISM

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