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This book argues that in the age of globalisation and rapid technological change, an understanding of business behaviour and government policy towards business requires an appreciation of the firm's human dimension.
Leading researcher John F. Tomer presents an invigorating and concise introduction to behavioral economics that offers essential behavioral theories, perspectives, trends and developments within this ever-evolving discipline.
For the most part, human capital theory emphasizes human cognitive development and the acquisition of knowledge and skills that enable enhanced productivity and earnings. In light of recent research findings, particularly concerning neurodevelopment and early childhood development, it is becoming apparent that this standard version of human capital theory has a far too limited conception of human capabilities and how they are created. Integrating Human Capital with Human Development considers recently accumulated knowledge related to the human brain's functioning and development to better understand the relationship between human capital and human development in successful economies. It shifts the focus of human capital theory to give full consideration to intangible, non-cognitive aspects of learning. This exciting new volume is an important addition to the study of human capital and behavioral economics more broadly.
Tomer integrates economic analysis with behavioral and humanistic perspectives into a discussion of a new economic concept: organizational capital. The volume fills an important void in the economic literature and provides additional insights into how internal organizational structures and relationships affect economic as well as social outcomes. . . . All in all, must reading for both economic scholars and behaviorists. Choice Traditionally, internal organizational relationships have not been linked with the orthodox theory of the firm or with explanations for economic growth. Organizational Capital integrates organizational behavior with economic theory and offers a new unifying economic c...
The 2008 financial crisis, the rise of Trumpism and the other populist movements which have followed in their wake have grown out of the frustrations of those hurt by the economic policies advocated by conventional economists for generations. Despite this, textbooks continue to praise conventional policies such as deregulation and hyperglobalization. This textbook demonstrates how misleading it can be to apply oversimplified models of perfect competition to the real world. The math works well on college blackboards but not so well on the Main Streets of America. This volume explores the realities of oligopolies, the real impact of the minimum wage, the double-edged sword of free trade, and o...
Given that a representational system's phenomenal experience must be intrinsic to it and must therefore arise from its own temporal dynamics, consciousness is best understood indeed, can only be understood as being in time. Despite that, it is still acceptable for theories of consciousness to be summarily exempted from addressing the temporality of phenomenal experience. The chapters comprising this book represent a collective attempt on the part of their authors to redress this aberration. The diverse treatments of phenomenal consciousness range in their methodology from philosophy, through surveys and synthesis of behavioral and neuroscientific findings, to computational analysis. This collection's broad scope and integrative approach, characterized by the view of the brain as a dynamical system that computes the mind's representation space, will be of interest to researchers, instructors, and students in the cognitive sciences wishing to acquaint themselves with the current thinking in consciousness research. Series B.
Over the past two decades, experimental economics has moved from a fringe activity to become a standard tool for empirical research. With experimental economics now regarded as part of the basic tool-kit for applied economics, this book demonstrates how controlled experiments can be a useful in providing evidence relevant to economic research. Professors Jacquemet and L'Haridon take the standard model in applied econometrics as a basis to the methodology of controlled experiments. Methodological discussions are illustrated with standard experimental results. This book provides future experimental practitioners with the means to construct experiments that fit their research question, and new comers with an understanding of the strengths and weaknesses of controlled experiments. Graduate students and academic researchers working in the field of experimental economics will be able to learn how to undertake, understand and criticise empirical research based on lab experiments, and refer to specific experiments, results or designs completed with case study applications.
This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.
Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Expertly crafted and interdisciplinary in scope, Roberta Capello’s Advanced Introduction navigates the extensive discipline of regional and urban economics. Adopting a diachronic perspective, Capello explores the evolution of various theoretical approaches and novelties, covering theories of location, regional growth, and local development, whilst explaining the many ways in which space influences economic activity.