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The theory of insurance is presented in this book, discussed from the viewpoint of the theory of economics of uncertainty.The principle of premium calculation which the book uses is based on economic equilibrium theory and differs from many of the premium systems...
Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. ...
This book collects the revised and edited proceedings of the conference held in honour of the 50th anniversary of Professor Tinbergen's first macroeconomic policy model. Written by experts both in the field of model building and policy analysis, the contributions...
Contained in this book are studies related to the computation of purchasing power parities for comparing real income and product among Latin American countries. The principal components of income and product comparisons are discussed: from designing and executing...
This comparative historical study of econometrics focuses on the development of econometric methods and their application to macroeconomics.The analysis covers the origins of modern econometrics in the USA and Europe during the 1920's and 30's, the rise of `structural...
The aim of this book is to explain the post-war growth of the public sector in a number of developed economies.The purpose is to see whether scientists familiar with their respective countries' institutional, political and economic framework, but still working as a...
The aim of this volume is to consider intertemporal and strategic issues in the formulation of economic policy so that dynamic game methodology is appropriate. When changes in economic policy are evaluated the reactions and expectations of other economic agents cannot...
In order to succeed, human factors research must blend the subjective and objective aspects of the client's situation, applying both argument and evidence. How to accomplish this complex and very necessary goal is the subject of this book in which information systems,...
A selection of macroeconomic models used, or intended for, economic forecasting or policy analysis in the four Nordic countries (Denmark, Finland, Norway and Sweden), is presented in this volume. New features and model applications are discussed and the models used by...
Essays in the Economics of Exhaustible Resources
Human factors measurement has characteristics that set it apart from psychological or engineering measurement and for that reason, human factors testing and evaluation deserves special treatment. The many excellent texts available in the behavioral area do not give an...
Contained in this volume are the edited and refereed papers which were presented at a conference held at Nuffield College, Oxford in May 1987. The papers, which represent the recent research of a group of eminent economists, reflect the variety and scope of modern...
In order to analyze the economic effects of various policy proposals for reforming the welfare state a model has been developed called MIMIC. The structure of this model is presented in the first part of this book. The model combines various modern labour market...
The aim of this volume is to examine and compare the trade policies followed by the most important trading nations of the world. Today there are few, if any, large scale studies of comparative trade such as this one. Moreover trade policies and controversies are...
It is claimed in this book that expectations should not necessarily be treated as unobservable variables and that there is much to be learned from survey data. A unique data set is examined, the output of surveys conducted twice a year since 1952, among informed Italian...
Among the theoretical issues covered in this volume are the "economic" and the "axiomatic" or "test" approaches to the problem of constructing and choosing among alternative cost-of-living index formulas; "bounds" and "econometric" alternatives for developing...
The various issues involved in measuring income inequality in the U.S. are analyzed in this book. In describing the level of inequality inherent in a particular graduation it is important which income recipient and which data set is used and also the measure of income...
This book is devoted to the econometric analysis of linear multivariate rational expectation models. It shows that the interpretation of multiplicity in terms of "new degrees of freedom" is consistent with a rigorous econometric reasoning. Non-uniqueness is the central...
The Fix-Point Approach to Interdependent Systems
This volume examines the changing pattern of trade in manufactured goods by the use of econometric techniques. The method of investigation employed is cross-section analysis of data for thirty-eight developed and developing countries, for each of which manufactured...
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