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The Guidance of an Enterprise Economy

The Guidance of an Enterprise Economy

Martin Shubik and Eric Smith

Published in print:
2016
Published Online:
May 2017
ISBN:
9780262034630
eISBN:
9780262337540
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262034630.001.0001
Subject:
Economics and Finance, Econometrics

This book is devoted to the study of the guidance, control and coordination problems of an enterprise economy. Our basic approach requires an understanding of the roles of money and financial ... More

Econometrics in a Formal Science of EconomicsTheory and the Measurement of Economic Relations

Econometrics in a Formal Science of Economics: Theory and the Measurement of Economic Relations

Bernt P. Stigum

Published in print:
2014
Published Online:
September 2015
ISBN:
9780262028585
eISBN:
9780262323109
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028585.001.0001
Subject:
Economics and Finance, Econometrics

Econometrics is a study of good and bad ways to measure economic relations. This book discusses the role economic theory ought to play in such measurements. The role theory should play, depends on ... More

Empirical Model Discovery and Theory EvaluationAutomatic Selection Methods in Econometrics

Empirical Model Discovery and Theory Evaluation: Automatic Selection Methods in Econometrics

David F. Hendry and Jurgen A. Doornik

Published in print:
2014
Published Online:
January 2015
ISBN:
9780262028356
eISBN:
9780262324410
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028356.001.0001
Subject:
Economics and Finance, Econometrics

Part I introduces the notion of empirical model discovery and the role of model selection therein, discusses criteria to evaluate the success of methods for selecting empirical models, and introduces ... More

Birth of a MarketThe U.S. Treasury Securities Market from the Great War to the Great Depression

Birth of a Market: The U.S. Treasury Securities Market from the Great War to the Great Depression

Kenneth D. Garbade

Published in print:
2012
Published Online:
August 2013
ISBN:
9780262016377
eISBN:
9780262298674
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016377.001.0001
Subject:
Economics and Finance, Econometrics

The market for U.S. Treasury securities is a marvel of modern finance. In 2009 the Treasury auctioned $8.2 trillion of new securities, ranging from four-day bills to thirty-year bonds, in 283 ... More

Heredity, Family, and InequalityA Critique of Social Sciences

Heredity, Family, and Inequality: A Critique of Social Sciences

Michael Beenstock

Published in print:
2012
Published Online:
August 2013
ISBN:
9780262016926
eISBN:
9780262301381
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016926.001.0001
Subject:
Economics and Finance, Econometrics

Empirical literature in disciplines ranging from behavioral genetics to economics shows that in virtually every aspect of life, the outcomes of children are correlated to a greater or lesser extent ... More

Competitive StrategyOptions and Games

Competitive Strategy: Options and Games

Benoît Chevalier-Roignant and Lenos Trigeorgis

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015998
eISBN:
9780262298711
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015998.001.0001
Subject:
Economics and Finance, Econometrics

Corporate managers who face both strategic uncertainty and market uncertainty confront a classic trade-off between commitment and flexibility. They can stake a claim by making a large capital ... More

The Continuing Evolution of Europe

The Continuing Evolution of Europe

Thiess Buettner and Wolfgang Ochel (eds)

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262017015
eISBN:
9780262301466
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262017015.001.0001
Subject:
Economics and Finance, Econometrics

The European Union began with efforts in the Cold War era to foster economic integration among a few Western European countries. Today’s EU constitutes an upper tier of government that affects almost ... More

Money, Payments, and Liquidity

Money, Payments, and Liquidity

Ed Nosal and Guillaume Rocheteau

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262016285
eISBN:
9780262298285
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262016285.001.0001
Subject:
Economics and Finance, Econometrics

This book provides an investigation into the economics of money and payments by explicitly modeling trading frictions between agents. Adopting the search-theoretic approach pioneered by Nobuhiro ... More

Perspectives on the Performance of the Continental Economies

Perspectives on the Performance of the Continental Economies

Edmund S. Phelps and Hans-Werner Sinn (eds)

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015318
eISBN:
9780262295413
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015318.001.0001
Subject:
Economics and Finance, Econometrics

Economists disagree on what ails the economies of continental western Europe, which are widely perceived to be underperforming in terms of productivity and other metrics. Is it some deficiency in ... More

Game Theory and the HumanitiesBridging Two Worlds

Game Theory and the Humanities: Bridging Two Worlds

Steven J. Brams

Published in print:
2011
Published Online:
August 2013
ISBN:
9780262015226
eISBN:
9780262295932
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262015226.001.0001
Subject:
Economics and Finance, Econometrics

Game theory models are ubiquitous in economics, common in political science, and increasingly used in psychology and sociology; in evolutionary biology, they offer compelling explanations for ... More

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