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Risk, Uncertainty and Profit
A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Introductory Quantum Optics
Publisher Description
They Knew Mr. Knight
A Book Society Choice, shortlisted for the Femina-Vie Heureuse Prize, the second Dorothy Whipple novel we publish is also wonderfully well-written in a clear and straightforward style; yet 'this real treat' ("Sunday Telegraph") is far more subtle than it at first appears. The Blakes are an ordinary family: Celia looks after the house and Thomas works at the family engineering business in Leicester. The book begins when he meets Mr Knight, a financier as crooked as any on the front pages of our newspapers nowadays; and tracks his and his family's swift climb and fall.Part of the cause of the ensuing tragedy is Celia's innocence - blinkered by domesticity, she and her children are the 'victim of the turbulence of the outside world' (Postscript); but finally, through 'quiet tenacity and the refusal to let go of certain precious things, goodness does win out' (Afterword). And the "TLS" wrote: 'The portraits in the book are fired by Mrs Whipple's article of faith - the supreme importance of people.'
Modern Challenges in Quantum Optics
Quantum Optics is a rapidly progressing field well suited to probe the many fundamental issues raised by the subtleties of quantum physics. This book consists of a collection of reviews and papers that highlight the most important challenges faced in this area of research, including topics such as cavity QED, quantum entanglement, decoherence, matter waves and nonlinear optics. It will be a source of reference for all those who wish to familiarize themselves with the latest developments in the field.
Quantum Dynamics of Simple Systems
The present level of experimental sophistication in quantum physics allows physicists to explore domains unimaginable just a decade ago and to test the most fundamental laws of quantum mechanics. This has led to renewed interest in devising new tests, experiments, and devices where it is possible to observe the interaction and localization of just a few atoms or photons. These techniques have been used to reveal new nonclassical effects, to question the limit of the principle of correspondence, and to force quantum behavior in semiconductors. With contributions from leading experts in quantum systems, Quantum Dynamics of Simple Systems provides an overview of the present range of quantum dynamics, exploring their use and exotic behaviors. It covers specific subjects of quantum dynamics in a competent and detailed way with emphasis on simple systems where few atoms or electrons are involved. This volume will prove to be a useful tool for graduate students as well as experienced physicists.
Quantum Measurements in Optics
The NATO Advanced Research Workshop on Quantum Measurements in Optics was held in Cortina d'Ampezzo, Italy, January 21-25, 1991. This workshop was attended by 70 participants from 16 different countries. The subjects discussed at this workshop concentrated on quantum measurements in optics made possible by the recent advances in the generation and detection of light with low quantum noise. These advances have occurred simultaneously with the development of atomic traps capable of trapping a single atom for a considerable period of time. The interaction of a single two level atom with the single mode of the electromagnetic field is now possible in high Q microcavities. A new field of cavity Q...
Atoms, Solids, and Plasmas in Super-Intense Laser Fields
The recent developement of high power lasers, delivering femtosecond pulses of 20 2 intensities up to 10 W/cm , has led to the discovery of new phenomena in laser interactions with matter. At these enormous laser intensities, atoms, and molecules are exposed to extreme conditions and new phenomena occur, such as the very rapid multi photon ionization of atomic systems, the emission by these systems of very high order harmonics of the exciting laser light, the Coulomb explosion of molecules, and the acceleration of electrons close to the velocity of light. These phenomena generate new behaviour of bulk matter in intense laser fields, with great potential for wide ranging applications which in...
