• Business, Economics & Law
      July 2015

      Tourism Economics

      A Practical Perspective

      by Editor(s): Metin Kozak, Nazmi Kozak

      This book examines tourism economics in detail, providing a range of specific case studies of tourism operations in various countries across the world. The contributors to this volume are from diverse locations, with ten countries across four continents represented, namely Canada, China, Greece, India, Iran, Poland, Portugal, South Africa, Spain, and the USA. The book is systematic in structure and thorough in content, and will be useful for both academics and tourism professionals seeking to update their knowledge and practice of tourism economics and to contribute to the field by developing further research proposals at both the micro and macro levels.

    • Politics & government
      August 2012

      Partnership for Development

      Alternative Approaches to Poverty Alleviation in Bangladesh

      by Author(s): Nilufa Akhter Khanom

      Poverty has been identified as one of the world’s biggest problems. The international community recognises that reducing global poverty is one of the major development challenges of the twenty-first century. The problem of poverty is particularly severe in Bangladesh, where a variety of poverty alleviation initiatives have been tried. The most recent one involves Public Private Partnerships (PPPs), which are collaborations between partners in different sectors. PPPs are assumed to be effective for reducing poverty as they are seen to optimise the use of scarce resources, promote economic growth, and enhance efficiency. The Government of Bangladesh has recognised the use of PPPs as an innovative and effective approach for poverty alleviation in Bangladesh. Partnership for Development addresses this major policy issue by examining the novel arrangements of PPPs to determine how this approach can assist in alleviating poverty.This book explores different PPP arrangements for poverty alleviation in Bangladesh and evaluates their performance and effects. It identifies opportunities and constraints affecting these PPPs. It utilises the multiple-case study methodology, examining two cases, namely, the Income Generation for Vulnerable Group Development (IGVGD) and Rural Micro Credit (RMC) PPPs that have been introduced in Bangladesh as poverty alleviation measures.The book also identifies the rationale, features and mechanisms of the IGVGD and RMC PPPs using interviews with key persons who were involved in the policy making, and in the design and implementation of the PPPs.Different stakeholders were asked about the effects of the PPPs and suggestions for their improvement. The beneficiaries were also asked about the economic and social changes to their lives as a result of the PPPs. A model of PPPs for poverty alleviation is developed from the literature on the subject and then used to analyse the data from the Bangladesh case studies.

    • Microeconomics
      March 2012

      Demand, Supply and Welfare Aspects of Pipe-borne Water in Sri Lanka

      by Author(s): Dinusha Dharmaratna

      Water institutions establish the incentives, information, and compulsions that guide behaviour and influence economic outcomes. Water pricing policies that reflect the marginal cost of supply can bring about several positive benefits in the pipe-borne water sector including: 1) greater water use efficiency; 2) an increase in revenues that can be utilised to improve services; and 3) additional funds to enhance and expand the operation and maintenance of pipe-borne water supply systems. In order to design an appropriate pricing policy and bring about these positive changes, managers of pipe-borne water supply systems require an understanding of the determinants of water demand, supply and welfare changes. Further, the use of economic methodologies to estimate the effects of factors that influence pipe-borne water demand, supply and welfare in developing nations can assist water utility operators and policy makers to predict consumption responses to changes in water pricing. In turn, this provides important evidence for these decision makers to determine if price changes will result in higher revenues that can be used to fund critical infrastructure extension and maintenance. This is particularly important for developing nations where revenue constraints on water authorities can limit access to pipe-borne water supplies for large sections of the population.This book identifies under-pricing as the major problem faced by the Sri Lankan pipe-borne water sector. Recently, the water authority in Sri Lanka restructured its pricing strategy for pipe-borne water with the objectives of reducing water consumption and expanding the network. However, the success of the current pricing structure in achieving these objectives is uncertain. Therefore, to overcome the problems, this study examines the use of cost-reflective alternative pricing strategies for pipe-borne water distribution services. The book evaluates current and alternative pricing strategies for water against the criteria of efficiency and equity while maintaining the financial viability of the national water utility. In order to analyse the welfare impacts, understanding the demand for pipe-borne water by different user groups and the cost of pipe-borne water provision must be considered.

    • Politics & government
      August 2012

      Partnership for Development

      Alternative Approaches to Poverty Alleviation in Bangladesh

      by Author(s): Nilufa Akhter Khanom

      Poverty has been identified as one of the world’s biggest problems. The international community recognises that reducing global poverty is one of the major development challenges of the twenty-first century. The problem of poverty is particularly severe in Bangladesh, where a variety of poverty alleviation initiatives have been tried. The most recent one involves Public Private Partnerships (PPPs), which are collaborations between partners in different sectors. PPPs are assumed to be effective for reducing poverty as they are seen to optimise the use of scarce resources, promote economic growth, and enhance efficiency. The Government of Bangladesh has recognised the use of PPPs as an innovative and effective approach for poverty alleviation in Bangladesh. Partnership for Development addresses this major policy issue by examining the novel arrangements of PPPs to determine how this approach can assist in alleviating poverty.This book explores different PPP arrangements for poverty alleviation in Bangladesh and evaluates their performance and effects. It identifies opportunities and constraints affecting these PPPs. It utilises the multiple-case study methodology, examining two cases, namely, the Income Generation for Vulnerable Group Development (IGVGD) and Rural Micro Credit (RMC) PPPs that have been introduced in Bangladesh as poverty alleviation measures.The book also identifies the rationale, features and mechanisms of the IGVGD and RMC PPPs using interviews with key persons who were involved in the policy making, and in the design and implementation of the PPPs.Different stakeholders were asked about the effects of the PPPs and suggestions for their improvement. The beneficiaries were also asked about the economic and social changes to their lives as a result of the PPPs. A model of PPPs for poverty alleviation is developed from the literature on the subject and then used to analyse the data from the Bangladesh case studies.

    • Microeconomics
      March 2012

      Demand, Supply and Welfare Aspects of Pipe-borne Water in Sri Lanka

      by Author(s): Dinusha Dharmaratna

      Water institutions establish the incentives, information, and compulsions that guide behaviour and influence economic outcomes. Water pricing policies that reflect the marginal cost of supply can bring about several positive benefits in the pipe-borne water sector including: 1) greater water use efficiency; 2) an increase in revenues that can be utilised to improve services; and 3) additional funds to enhance and expand the operation and maintenance of pipe-borne water supply systems. In order to design an appropriate pricing policy and bring about these positive changes, managers of pipe-borne water supply systems require an understanding of the determinants of water demand, supply and welfare changes. Further, the use of economic methodologies to estimate the effects of factors that influence pipe-borne water demand, supply and welfare in developing nations can assist water utility operators and policy makers to predict consumption responses to changes in water pricing. In turn, this provides important evidence for these decision makers to determine if price changes will result in higher revenues that can be used to fund critical infrastructure extension and maintenance. This is particularly important for developing nations where revenue constraints on water authorities can limit access to pipe-borne water supplies for large sections of the population.This book identifies under-pricing as the major problem faced by the Sri Lankan pipe-borne water sector. Recently, the water authority in Sri Lanka restructured its pricing strategy for pipe-borne water with the objectives of reducing water consumption and expanding the network. However, the success of the current pricing structure in achieving these objectives is uncertain. Therefore, to overcome the problems, this study examines the use of cost-reflective alternative pricing strategies for pipe-borne water distribution services. The book evaluates current and alternative pricing strategies for water against the criteria of efficiency and equity while maintaining the financial viability of the national water utility. In order to analyse the welfare impacts, understanding the demand for pipe-borne water by different user groups and the cost of pipe-borne water provision must be considered.

    • Business, Economics & Law
      July 2015

      Tourism Economics

      A Practical Perspective

      by Editor(s): Metin Kozak, Nazmi Kozak

      This book examines tourism economics in detail, providing a range of specific case studies of tourism operations in various countries across the world. The contributors to this volume are from diverse locations, with ten countries across four continents represented, namely Canada, China, Greece, India, Iran, Poland, Portugal, South Africa, Spain, and the USA. The book is systematic in structure and thorough in content, and will be useful for both academics and tourism professionals seeking to update their knowledge and practice of tourism economics and to contribute to the field by developing further research proposals at both the micro and macro levels.

    • Business, Economics & Law
      October 2010

      Spieltheorie

      by Gernot Sieg

      Die Spieltheorie als Analysemethode von Konfliktsituation hat sich in vielen Bereichen der Wirtschafts- und Sozialwissenschaften fest etabliert. Bachelor Studierende interessieren sich dabei in besonderer Weise für die praktischen Anwendungen der spieltheoretischen Methodik. Gleichzeitig möchten sie die theoretischen Grundlagen kennen lernen, ohne die eine souveräne Anwendung der Spieltheorie nicht möglich ist. Die "Spieltheorie" wurde geschrieben, um diesen berechtigten Wünschen gerecht zu werden.

    • Business, Economics & Law
      November 2018

      Using Entrepreneurship and Social Innovation to Mitigate Wealth Inequality

      by Thomas S. Lyons, Roger E. Hamlin, Amanda Hamlin

      Economic inequality continues to contribute to political and social instability around the world. This instability stifles development and results in widening the wealth gap between the "haves" and "have nots," further eroding stability. It has been argued that entrepreneurship is a prime contributor to this vicious cycle. Using Entrepreneurship and Social Innovation to Mitigate Wealth Inequality contends that this is only true when the opportunity for entrepreneurship is limited to a few. The authors maintain that when entrepreneurship is open to anyone who is properly motivated, innovative, and has a goal of growth for their enterprise, it helps build wealth for a greater number of people. The concept of "social entrepreneurship" is introduced, where entrepreneurship becomes a vehicle for explicitly addressing community-based economic and social challenges using markets. The book uses examples of entrpreneurial projects and programs that have attempted to address inequality to discuss entrepreneurship as an economic development strategy and its role in addressing the challenges of economic inequality. It advocates thinking and acting systemically, creating and sustaining entrepreneurial support ecosystems, in order to generate the synergy required to scale-up development and transform our economies and provides a distinctive perspective on a pressing social and economic issue, with significant implications for the future of the United States and the world.

    • Microeconomics
      January 2019

      Exploring Economics

      by Sexton, Robert L.

      The excitement of learning economics for the first time. The experience of a lifetime of teaching it. The Eighth Edition of Exploring Economics captures the excitement of learning economics for the first time through a lively and encouraging narrative that connects economics to the world in a way that is familiar to students. Author Robert Sexton draws on over 25 years of teaching experience to capture students’ attention, focusing on core concepts and expertly weaving in examples from current events and popular culture to make even classic economic principles modern and relatable. The text sticks to the basics and applies a thoughtful learning design, segmenting its presentation into brief, visually appealing, self-contained sections that are easier for students to digest and retain compared to sprawling text. Thoughtfully placed section quizzes, interactive summaries, and problem sets help students check their comprehension at regular intervals and develop the critical thinking skills that will allow them to “think like economists.” Combined with a complete teaching and learning package including online homework and flexible teaching options, Exploring Economics is sure to help you ignite readers’ passion for the field and reveal its practical application in the world around them.

    • Science & Mathematics
      September 1993

      Mathematics for Economists

      by William Novshek

      This text contains the mathematical material necessary as background for the topics covered in advanced microeconomics courses. It focuses on two key components of microeconomics - optimization subject to constraints and the development of comparative statistics. Assuming familiarity with calculus of one variable and basic linear algebra, the text allows more extensive coverage of additional topics like constrained optimization, the chain rule, Taylor's theorem, line integrals and dynamic programming. It contains numerous examples that illustrate economics and mathematical situations, many with complex solutions.

    • Business, Economics & Law
      June 1996

      Agricultural Markets

      Mechanisms, Failures and Regulations

      by D. Martimort

      This volume aims at covering the variety of issues lying at the intersection of the modern theory of Industrial Organization and of the more traditional Agricultural Economics. The book is divided into three main sections. Each of them includes contributions which are particularly relevant for a better understanding of one or several of the following key issues: the organization of agriculture and its mechanisms, the extent of the market power in agri-food industries and, more generally, the failures of agricultural markets, and finally the nature of government's intervention in these markets.

    • Business, Economics & Law
      November 2004

      Managing Networks in Transition Economies

      by Martin Johanson

      Over the past twenty years, several countries in Europe, Central and South America and Asia have undergone a transition from a planned economy to a market economy. Some observers have described this process as perhaps the biggest economic experiment of the last few centuries. However, knowledge about how this process affects business in these countries remains limited. The task of this book is to increase our understanding about how business changes at the micro level during the transition to a market economy. The focus of this book is placed on the Russian market, as Russia is one of the biggest countries currently making the transition. The book takes as its point of departure the observation that firms and managers perceive the management of networks of relationships with customers and suppliers to be their greatest challenge. It presents a case study, which covers the period from 1986 to 1998, and analyses and explains how business networks in Russia have changed over the past fifteen years. Moreover, it identifies the driving factors in the process of moving away from plan-governance and toward the development of business relationships characterised by mutuality, stability and identity. Martin Johanson is associate professor at the Department of Business Studies, Uppsala University, and Mid Sweden University, Sundsvall. He received his Ph.D. from Uppsala University in 2001. He has ten years of experience working as a diplomat and business consultant in Russia. His research interests are transformation of networks in turbulent economies and firms entry into emerging markets.

    • Business, Economics & Law
      December 2009

      Moving Beyond Storytelling

      Emerging Research in Microfinance

      by Todd A. Watkins, Karen Hicks

      Despite the promise for international development, despite the proven track record of exceptional loan repayment rates, and despite the development of competitive markets in countries like Bolivia, Peru and Bangladesh or the global expansion of microfinance access to tens of millions of new clients, little research has explored the impact this expansion has had on global poverty and economic and social development in general. To address this gap, this volume brings together leaders in the microfinance industry and researchers representing a range of academic disciplines. Our goal is to outline a multidisciplinary research agenda for the field. The topics addressed in this volume and the questions posed can serve to guide social scientists, technology experts, development specialists, investors, microfinance practitioners, policymakers and students.

    • Business, Economics & Law
      September 1996

      Auctions

      by Michael R. Baye

      This is the sixth volume in the series discussing advances in applied microeconomics. It covers issues such as efficiency in auctions when bidders have private information about competitors, lift-lining, the general double auction mechanism, and lottery qualification auctions.

    • Business, Economics & Law
      December 2000

      Industrial Organization

      by Michael R. Baye

      Volume 9 is entitled "Industrial Organization" and is the ninth volume in the series "Advances in Applied Microeconomics". This series provides a forum in which researchers may disseminate frontier research in applied microeconomics to include both theoretical and empirical contributions in applied areas such as industrial organization, consumer and producer behavior, public economics, natural resources, and other applied microeconomic fields. Volumes are published along themes and contain theoretical papers that apply state-of-the-art theory to model important real-world phenomenon, as well as empirical papers that examine such phenomenon.

    • Business, Economics & Law
      February 1988

      Innovation in New Markets

      The Impact of Deregulation on Airlines, Financial Markets, and Telecommunications

      by Gary D. Libecap

      Editorial Objectives This series aims to present the latest research on entrepreneurship, innovation and the impact on economic performance. Topicality Advances in the Study of Entrepreneurship, Innovation, and Economic Growth (ASEIEG) provides a timely and relevant discussion and exploration of entrepreneurial topics, their impact, and ties to key values in today’s society, such as social, environmental and economic issues and challenges. Topics range from aspects of entrepreneurial behavior to determinants of entrepreneurial research with contributions from top scholars across the US and the globe. Key Benefits Organization and history of series allows a rich, multi faceted foundation for entrepreneurial topics in a rapidly changing information age. Research can be disseminated in a clear and effective manner to promote communication between the business and academic communities and to foster entrepreneurship within the society. Key Audiences Key audiences range from private industry to policy officials to researchers and educators. The role and understanding of entrepreneurship, the implications for current critical conditions and sustained vibrant economies, is rapidly growing. This series provides each with a highly useful blend of topics and scholarly perspectives. Coverage The series includes related articles and papers, frequently driven by organized colloquia and other business/academic exchange, with interdisciplinary perspectives including those of economics, marketing, law, finance, management, history, science, higher education administration and sociology. Coverage includes but is not limited to: Institutional entrepreneurial development Intellectual property concerns, patenting, and other property rights issues Environmental entrepreneurship and innovation Innovation within and across firms Effect of government regulation and tax policies Organizational factors, market structure effects and marketing strategies Entrepreneurship programmes and other educational activities Relative performance of entrepreneurial firms.

    • Business, Economics & Law
      August 1998

      Legal, Regulatory and Policy Changes That Affect Entrepreneurial Midsize Firms

      by Gary D. Libecap

      This is the tenth volume in a series of studies on entrepreneurship, innovation and economic growth. The work looks at legal, regulatory and policy changes that affect entrepreneurial midsize firms.

    • Business, Economics & Law
      June 2001

      Multiunit Organization and Multimarket Strategy

      by Noel A.C. Baum, H.R. Greve, Joel Baum

      A conspicuous feature of the modern economy is the multitude of multiunit systems that operate in several markets - an organizational form that arguably rivals the "M-form" as the 20th century's most successful. Research traditions studying multiunit systems include the multimarket perspective, which has used commitment and mutual forbearance theory, and the multiunit perspective, which has used learning and knowledge transfer theory. These perspectives are interdisciplinary, but to date there has been little direct interaction among them. This text aims to bring these areas together, discussing such things as: examining how variation in firm capabilities affects the co-ordination of branches and thus their forbearance or transfer of routines; bridging theories of market conduct and internal behaviour to explore how knowledge about markets and competitor behaviour is transferred among organizational units; making a theory of contingent multiunit or single-unit competitive advantage that can account for the coexistence of these organizational forms in many markets; and examining the effects of firm contacts in alliances or technological fields on their competitive behaviours.

    • Humanities & Social Sciences
      March 1997

      Pay and Performance in the NBA

      by Daniel Slottje, Mike Buchannan

      This supplement focuses on the NBA with particular reference to pay and performance. In-depth analyses of positional pay variations, player negotiations, supply and demand and econometric models of pay and performance seek to give a much clearer picture of why, how and when pay is awarded in the sports industry and particularly in the NBA. The volume concludes with a retrospective of the 1995 All-Star Players.

    • Business, Economics & Law
      May 1996

      Reinventing Government and the Problem of Bureaucracy

      by Gary D. Libecap

      This is the seventh volume in a series of studies on entrepreneurship, innovation and economic growth. The work looks at reinventing government and the problem of bureaucracy.

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