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Smart Economic Decision Making In A Complex World

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Smart Economic Decision Making in a Complex World

Smart Economic Decision Making in a Complex World Book
Author : Morris Altman
Publisher : Academic Press
Release : 2020-06-05
ISBN : 0128131780
Language : En, Es, Fr & De

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Book Description :

Smart Economic Decision-Making in a Complex World is a fresh and reality-based perspective on decision-making with significant implications for analysis, self-understanding and policy. The book examines the conditions under which smart people generate outcomes that improve their place of work, their household and society. Within this work, the curious reader will find interesting open questions on many fascinating areas of current economic debate, including, the role of realistic assumptions robust model building, understanding how and when non-neoclassical behavior is best practice, why the assumption of smart decision-makers is best to understand and explain our economies and societies, and under what conditions individuals can make the best possible choices for themselves and society at large. Additional sections cover when and how efficiency is achieved, why inefficiencies can persist, when and how consumer welfare is maximized, and what benchmarks should be used to determine efficiency and rationality. Makes the case for ‘smart and rational’ decision-making as a context-dependent rational process that is framed by socio-cultural environment and conditioned by institutional capacities Explains how incorporation of the ‘smart’ decision-maker concept into economic thought improves our understanding of how, why and when people generate certain outcomes Explores how economic efficiency can be achieved, individual preferences realized, and social welfare maximized through the use of ‘smart and rational’ approaches

Smart Economic Decision Making in a Complex World

Smart Economic Decision Making in a Complex World Book
Author : Morris Altman
Publisher : Academic Press
Release : 2020-06-19
ISBN : 0128114614
Language : En, Es, Fr & De

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Book Description :

Smart Economic Decision-Making in a Complex World is a fresh and reality-based perspective on decision-making with significant implications for analysis, self-understanding and policy. The book examines the conditions under which smart people generate outcomes that improve their place of work, their household and society. Within this work, the curious reader will find interesting open questions on many fascinating areas of current economic debate, including, the role of realistic assumptions robust model building, understanding how and when non-neoclassical behavior is best practice, why the assumption of smart decision-makers is best to understand and explain our economies and societies, and under what conditions individuals can make the best possible choices for themselves and society at large. Additional sections cover when and how efficiency is achieved, why inefficiencies can persist, when and how consumer welfare is maximized, and what benchmarks should be used to determine efficiency and rationality. Makes the case for 'smart and rational' decision-making as a context-dependent rational process that is framed by socio-cultural environment and conditioned by institutional capacities Explains how incorporation of the 'smart' decision-maker concept into economic thought improves our understanding of how, why and when people generate certain outcomes Explores how economic efficiency can be achieved, individual preferences realized, and social welfare maximized through the use of 'smart and rational' approaches

Managerial Economics

Managerial Economics Book
Author : Lila J. Truett,Dale B. Truett
Publisher : Wiley
Release : 2003-07-16
ISBN : 9780471444664
Language : En, Es, Fr & De

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Book Description :

Truett and Truett's Eighth Edition shows how to use economic analysis to solve problems and make effective decisions in the complex world of business. The highly successful problem-solving approach, clear and accurate presentation of economic theory, and outstanding cases combine to make the best presentation of managerial economics yet. * Walks readers step by step through specific types of problems, including elasticity calculations, cost minimization, and profit maximization. * Shows how real-world firms have addressed issues discussed in the book. * Emphasizes the global aspects of managerial economics and its application in the international marketplace.

Annual Report

Annual Report Book
Author : Macaulay Land Use Research Institute
Publisher : Unknown
Release : 1998
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Annual Report book written by Macaulay Land Use Research Institute, available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Harvard Business School Bulletin

Harvard Business School Bulletin Book
Author : Anonim
Publisher : Unknown
Release : 1998
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Harvard Business School Bulletin book written by , available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Smart Decisions in Complex Systems

Smart Decisions in Complex Systems Book
Author : Pierre Massotte,Patrick Corsi
Publisher : John Wiley & Sons
Release : 2017-07-17
ISBN : 1786301105
Language : En, Es, Fr & De

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Book Description :

Faced with ever-increasing complexity on a daily basis, the decision-makers of today are struggling to find the appropriate models, methods and tools to face the issues arising in complex systems across all levels of global operations. Having, in the past, resorted to outdated approaches which limit problem-solving to linear world views, we must now capitalize on complexities in order to succeed and progress in our society. This book provides a guide to harnessing the wealth inherent to complex systems. It organizes the transition to complex decision-making in all business spheres while providing many examples in various application domains. The authors offer fresh developments for understanding and mastering the global “uberization” of the economy, the post-modern management of computer-assisted production and the rise of cognitive robotics science applications.

Managerial Economics

Managerial Economics Book
Author : William F. Samuelson,Stephen G. Marks
Publisher : Wiley
Release : 2005-12-16
ISBN : 9780471663621
Language : En, Es, Fr & De

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Book Description :

The right tools to guide real decisions When you're climbing a mountain, you have to carefully consider every step if you want to reach your goal. You need to know how your tools will actually perform on the mountain. It also helps to have a trusted guide who knows the way. The same holds true in today's highly competitive, global business environments. The decisions managers make are more complex and critical than ever before. You need to understand how to use economic analysis techniques to make real business decisions. When it comes to making real-life decisions based on sound economic analysis, there is no better guide than Samuelson and & Marks's Managerial Economics, 5th Edition. Featuring many detailed, real-world examples, as well as strong coverage of decision making under uncertainty, game theory, and international topics, this practical text equips you with the right tools you need to make smart decisions. New in the Fifth Edition * Updated and revised chapters on making decisions under uncertainty (Chapters 8 and 9). * New discussions of behavioral economics, including such issues as bounded rationality, sunk-cost fallacies, decision-making heuristics and biases, and the winner's curse. * Updated and expanded coverage of corporate incentives and governance. * Incorporates new developments in the areas of technological change, network economies, and internet economics. * Updated applications and revised end-of-chapter problems.

Thinking Ahead Essays on Big Data Digital Revolution and Participatory Market Society

Thinking Ahead   Essays on Big Data  Digital Revolution  and Participatory Market Society Book
Author : Dirk Helbing
Publisher : Springer
Release : 2015-04-10
ISBN : 3319150782
Language : En, Es, Fr & De

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Book Description :

The rapidly progressing digital revolution is now touching the foundations of the governance of societal structures. Humans are on the verge of evolving from consumers to prosumers, and old, entrenched theories – in particular sociological and economic ones – are falling prey to these rapid developments. The original assumptions on which they are based are being questioned. Each year we produce as much data as in the entire human history - can we possibly create a global crystal ball to predict our future and to optimally govern our world? Do we need wide-scale surveillance to understand and manage the increasingly complex systems we are constructing, or would bottom-up approaches such as self-regulating systems be a better solution to creating a more innovative, more successful, more resilient, and ultimately happier society? Working at the interface of complexity theory, quantitative sociology and Big Data-driven risk and knowledge management, the author advocates the establishment of new participatory systems in our digital society to enhance coordination, reduce conflict and, above all, reduce the “tragedies of the commons,” resulting from the methods now used in political, economic and management decision-making. The author Physicist Dirk Helbing is Professor of Computational Social Science at the Department of Humanities, Social and Political Sciences and an affiliate of the Computer Science Department at ETH Zurich, as well as co-founder of ETH’s Risk Center. He is internationally known for the scientific coordination of the FuturICT Initiative which focuses on using smart data to understand techno-socio-economic systems. “Prof. Helbing has produced an insightful and important set of essays on the ways in which big data and complexity science are changing our understanding of ourselves and our society, and potentially allowing us to manage our societies much better than we are currently able to do. Of special note are the essays that touch on the promises of big data along with the dangers...this is material that we should all become familiar with!” Alex Pentland, MIT, author of Social Physics: How Good Ideas Spread - The Lessons From a New Science "Dirk Helbing has established his reputation as one of the leading scientific thinkers on the dramatic impacts of the digital revolution on our society and economy. Thinking Ahead is a most stimulating and provocative set of essays which deserves a wide audience.” Paul Ormerod, economist, and author of Butterfly Economics and Why Most Things Fail. "It is becoming increasingly clear that many of our institutions and social structures are in a bad way and urgently need fixing. Financial crises, international conflicts, civil wars and terrorism, inaction on climate change, problems of poverty, widening economic inequality, health epidemics, pollution and threats to digital privacy and identity are just some of the major challenges that we confront in the twenty-first century. These issues demand new and bold thinking, and that is what Dirk Helbing offers in this collection of essays. If even a fraction of these ideas pay off, the consequences for global governance could be significant. So this is a must-read book for anyone concerned about the future." Philip Ball, science writer and author of Critical Mass “This collection of papers, brought together by Dirk Helbing, is both timely and topical. It raises concerns about Big Data, which are truly frightening and disconcerting, that we do need to be aware of; while at the same time offering some hope that the technology, which has created the previously unthought-of dangers to our privacy, safety and democracy can be the means to address these dangers by enabling social, economic and political participation and coordination, not possible in the past. It makes for compelling reading and I hope for timely action.”Eve Mitleton-Kelly, LSE, author of Corporate Governance and Complexity Theory and editor of Co-evolution of Intelligent Socio-technical Systems

The Cumulative Book Index

The Cumulative Book Index Book
Author : Anonim
Publisher : Unknown
Release : 1988
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

A world list of books in the English language.

Books in Print Supplement

Books in Print Supplement Book
Author : Anonim
Publisher : Unknown
Release : 1994
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Books in Print Supplement book written by , available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Ocean News Technology

Ocean News   Technology Book
Author : Anonim
Publisher : Unknown
Release : 2008
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Ocean News Technology book written by , available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

The Origin of Wealth

The Origin of Wealth Book
Author : Eric D. Beinhocker
Publisher : Century
Release : 2006
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

A new economics for the new economy: how science and economics are being brought together.

Environment and Planning

Environment and Planning Book
Author : Anonim
Publisher : Unknown
Release : 1992
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Environment and Planning book written by , available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

Advanced Multi Criteria Decision Making for Addressing Complex Sustainability Issues

Advanced Multi Criteria Decision Making for Addressing Complex Sustainability Issues Book
Author : Chatterjee, Prasenjit,Yazdani, Morteza,Chakraborty, Shankar,Panchal, Dilbagh,Bhattacharyya, Siddhartha
Publisher : IGI Global
Release : 2019-05-03
ISBN : 1522585818
Language : En, Es, Fr & De

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Book Description :

Sustainability issues have gained more importance in contemporary globalization, pushing decision makers to find a systematic mathematical approach to conduct analyses of this real-world problem. The growing complexity in modern social-economics or engineering environments or systems has forced researchers to solve complicated problems by using multi-criteria decision-making (MCDM) approaches. However, traditional MCDM research mainly focuses on reaching the highest economic value or efficiency, and issues related to sustainability are still not closely explored. Advanced Multi-Criteria Decision Making for Addressing Complex Sustainability Issues discusses and addresses the challenges in the implementation of decision-making models in the context of green and sustainable engineering, criteria identification, quantification, comparison, selection, and analysis in the context of manufacturing, supply chain, transportation, and energy sectors. All academic communities in the areas of management, economics, business sciences, mechanical, and manufacturing technologies are able to use, apply, and implement the models presented in this book. It is intended for researchers, manufacturers, engineers, managers, industry professionals, academicians, and students.

Market Engineering

Market Engineering Book
Author : Henner Gimpel,Jan Krämer,Dirk Neumann,Jella Pfeiffer,Stefan Seifert,Timm Teubner,Daniel Veit,Anke Weidlich
Publisher : Springer
Release : 2021-03-23
ISBN : 9783030666637
Language : En, Es, Fr & De

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Book Description :

This open access book provides a broad range of insights on market engineering and information management. It covers topics like auctions, stock markets, electricity markets, the sharing economy, information and emotions in markets, smart decision-making in cities and other systems, and methodological approaches to conceptual modeling and taxonomy development. Overall, this book is a source of inspiration for everybody working on the vision of advancing the science of engineering markets and managing information for contributing to a bright, sustainable, digital world. Markets are powerful and extremely efficient mechanisms for coordinating individuals’ and organizations’ behavior in a complex, networked economy. Thus, designing, monitoring, and regulating markets is an essential task of today’s society. This task does not only derive from a purely economic point of view. Leveraging market forces can also help to tackle pressing social and environmental challenges. Moreover, markets process, generate, and reveal information. This information is a production factor and a valuable economic asset. In an increasingly digital world, it is more essential than ever to understand the life cycle of information from its creation and distribution to its use. Both markets and the flow of information should not arbitrarily emerge and develop based on individual, profit-driven actors. Instead, they should be engineered to serve best the whole society’s goals. This motivation drives the research fields of market engineering and information management. With this book, the editors and authors honor Professor Dr. Christof Weinhardt for his enormous and ongoing contribution to market engineering and information management research and practice. It was presented to him on the occasion of his sixtieth birthday in April 2021. Thank you very much, Christof, for so many years of cooperation, support, inspiration, and friendship.

Administrators Solving the Problems of Practice

Administrators Solving the Problems of Practice Book
Author : Wayne K. Hoy,Clemens John Tarter
Publisher : Allyn & Bacon
Release : 1995
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Publisher's description: This book describes eight different models of decision-making, compares the models, and illustrates how to use each model with actual cases from schools. The frameworks include classical, administrative, incremental, mixes scanning, political, and garbage-can models, as well as two models of shared decision-making. After illustrating the use of these decision-making models to analyze and develop solution strategies, students have the opportunity to explore about fifty actual cases to build their own analyses and solution strategies.

Field Guide to Project Management

Field Guide to Project Management Book
Author : David I. Cleland
Publisher : John Wiley & Sons Incorporated
Release : 2004-07-29
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Publisher Description

Middle East Economic Digest

Middle East Economic Digest Book
Author : Anonim
Publisher : Unknown
Release : 2007-10
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download Middle East Economic Digest book written by , available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.

The Public Manager Case Book

The Public Manager Case Book Book
Author : Terrel L. Rhodes,Patricia M Alt,Cheryl L Brown,Marueen Brown,Robert Gassner,Sherril Gelmon,Gary R Rassel,Carole L Jurkiewicz,Linda E Swayne,David F Thompson
Publisher : SAGE Publications, Incorporated
Release : 2002-07-19
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

This collection of eight public administration cases helps students practice the decision-making skills they need in their jobs as public managers. Each case includes substantial background data such as budgeting priorities, political imperatives and zoning issues and requires students to reach decisions or recommendations through a process of interacting with other students in the class. All cases are class-tested and appropriate for advanced undergraduate or postgraduate students in public administration and public policy courses.

The Economist

The Economist Book
Author : Anonim
Publisher : Unknown
Release : 2007
ISBN : 0987650XXX
Language : En, Es, Fr & De

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Book Description :

Download The Economist book written by , available in PDF, EPUB, and Kindle, or read full book online anywhere and anytime. Compatible with any devices.