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An Economic History of Europe
  • Language: en
  • Pages: 317

An Economic History of Europe

The second edition of a leading textbook on European economic history, updated throughout and with new coverage of post-financial crisis Europe.

Grain Markets in Europe, 1500–1900
  • Language: en
  • Pages: 197

Grain Markets in Europe, 1500–1900

In this 1999 book, Karl Gunnar Persson surveys a broad sweep of economic history, examining one of the most crucial markets - grain. His analysis allows him to draw more general lessons, for example that liberalization of markets was linked to political authoritarianism. Grain Markets in Europe traces the markets' early regulation, their poor performance and the frequent market failures. Price volatility caused by harvest shocks was of major concern for central and local government because of the unrest it caused. Regulation became obsolete when markets became more integrated and performed better through trade triggered by falling transport costs. Persson, a specialist in economic history, uses insights from development economics, explores contemporary economic thought on the advantages of free trade, and measures the extent of market integration using the latest econometric methods. Grain Markets in Europe will be of value to scholars and students in economic history, social history and agricultural and institutional economics.

The Economic Development of Denmark and Norway Since 1870
  • Language: en
  • Pages: 654

The Economic Development of Denmark and Norway Since 1870

Denmark and Norway share the general Scandinavian accomplishment of rapid growth and comprehensive welfare institutions. This volume brings together the major articles of leading Scandinavian scholars, economists and historians, explaining and analysing this development.

Pre-industrial Economic Growth
  • Language: en
  • Pages: 159

Pre-industrial Economic Growth

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Pre-industrial Economic Growth
  • Language: en

Pre-industrial Economic Growth

  • Type: Book
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  • Published: 1988
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  • Publisher: Unknown

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Modeling Bounded Rationality
  • Language: en
  • Pages: 226

Modeling Bounded Rationality

  • Type: Book
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  • Published: 1998
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  • Publisher: MIT Press

The notion of bounded rationality was initiated in the 1950s by Herbert Simon; only recently has it influenced mainstream economics. In this book, Ariel Rubinstein defines models of bounded rationality as those in which elements of the process of choice are explicitly embedded. The book focuses on the challenges of modeling bounded rationality, rather than on substantial economic implications. In the first part of the book, the author considers the modeling of choice. After discussing some psychological findings, he proceeds to the modeling of procedural rationality, knowledge, memory, the choice of what to know, and group decisions.In the second part, he discusses the fundamental difficulties of modeling bounded rationality in games. He begins with the modeling of a game with procedural rational players and then surveys repeated games with complexity considerations. He ends with a discussion of computability constraints in games. The final chapter includes a critique by Herbert Simon of the author's methodology and the author's response. The Zeuthen Lecture Book series is sponsored by the Institute of Economics at the University of Copenhagen.

Institutions and European Trade
  • Language: en
  • Pages: 501

Institutions and European Trade

What was the role of merchant guilds in the medieval and early modern economy? Does their wide prevalence and long survival mean they were efficient institutions that benefited the whole economy? Or did merchant guilds simply offer an effective way for the rich and powerful to increase their wealth, at the expense of outsiders, customers and society as a whole? These privileged associations of businessmen were key institutions in the European economy from 1000 to 1800. Historians debate merchant guilds' role in the Commercial Revolution, economists use them to support theories about institutions and development, and policymakers view them as prime examples of social capital, with important lessons for modern economies. Sheilagh Ogilvie's magisterial new history of commercial institutions shows how scrutinizing merchant guilds can help us understand which types of institution made trade grow, why institutions exist, and how corporate privileges affect economic efficiency and human well-being.

An Economic History of Europe
  • Language: en
  • Pages: 253

An Economic History of Europe

  • Type: Book
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  • Published: 2010-01-28
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  • Publisher: Unknown

This concise introduction to European economic history challenges the prevailing perspective that pre-industrial Europe was stagnating by showing that technological progress has been a permanent attribute of European societies. Boxed features and online exercises enable students to develop a comprehensive understanding of Europe's unique economic development and its global context.

Structural Mechanics: Modelling and Analysis of Frames and Trusses
  • Language: en
  • Pages: 358

Structural Mechanics: Modelling and Analysis of Frames and Trusses

Textbook covers the fundamental theory of structural mechanics and the modelling and analysis of frame and truss structures Deals with modelling and analysis of trusses and frames using a systematic matrix formulated displacement method with the language and flexibility of the finite element method Element matrices are established from analytical solutions to the differential equations Provides a strong toolbox with elements and algorithms for computational modelling and numerical exploration of truss and frame structures Discusses the concept of stiffness as a qualitative tool to explain structural behaviour Includes numerous exercises, for some of which the computer software CALFEM is used. In order to support the learning process CALFEM gives the user full overview of the matrices and algorithms used in a finite element analysis

Why Europe Grew Rich and Asia Did Not
  • Language: en
  • Pages: 385

Why Europe Grew Rich and Asia Did Not

Why Europe Grew Rich and Asia Did Not provides a striking new answer to the classic question of why Europe industrialised from the late eighteenth century and Asia did not. Drawing significantly from the case of India, Prasannan Parthasarathi shows that in the seventeenth and eighteenth centuries the advanced regions of Europe and Asia were more alike than different, both characterized by sophisticated and growing economies. Their subsequent divergence can be attributed to different competitive and ecological pressures that in turn produced varied state policies and economic outcomes. This account breaks with conventional views, which hold that divergence occurred because Europe possessed superior markets, rationality, science or institutions. It offers instead a groundbreaking rereading of global economic development that ranges from India, Japan and China to Britain, France and the Ottoman Empire and from the textile and coal industries to the roles of science, technology and the state.