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Storable votes allow the minority to win occasionally while treating every voter equally and increasing the efficiency of decision-making, without the need for external knowledge of voters' preferences. This book complements the theoretical discussion with several experiments, showing that the promise of the idea is borne out by the data: the outcomes of the experiments and the payoffs realized match very closely the predictions of the theory.
Recent developments in parallel computing for various fields of application are providing improved solutions for handling data. These newer, innovative ideas offer the technical support necessary to enhance intellectual decisions, while also dealing more efficiently with the huge volumes of data currently involved. This book presents the proceedings of ICAPTA 2022, the International Conference on Advances in Parallel Computing Technologies and Applications, hosted as a virtual conference from Bangalore, India, on 27 and 28 January 2022. The aim of the conference was to provide a forum for the sharing of knowledge about various aspects of parallel computing in communications systems and networking, including cloud and virtualization solutions, management technologies and vertical application areas. The conference also provided a premier platform for scientists, researchers, practitioners and academicians to present and discuss their most recent innovations, trends and concerns, as well as the practical challenges encountered in this field. More than 300 submissions were received for the conference, from which the 91 full-length papers presented here were accepted after review by a panel of subject experts. Topics covered include parallel computing in communication, machine learning intelligence for parallel computing and parallel computing for software services in theoretical and practical aspects. Providing an overview of recent developments in the field, the book will be of interest to all those whose work involves the use of parallel computing technologies.
This advanced economics text bridges the gap between familiarity with microeconomic theory and a solid grasp of the principles and methods of modern neoclassical microeconomic theory.
This book analyses conflict theory through one type of conflict in particular: manhunting, or predation.
Cultural Economics and Cultural Policies offers a unique guide to the state of the art in cultural economics. First, it alerts scholars and students to the necessity for careful definition and measurement of the `cultural sector'. Second, it affords examples of how economic analysis can shed light on the motivation of creative and performing artists and of artistic enterprises. Third, Cultural Economics and Cultural Policies widens the discussion of public policy towards the arts beyond general economic appraisal of arguments for government financial support. It does so by considering the government's role in defining property rights in artistic products and in regulating as well as financing the arts; examining how the criteria for government support are actually applied. Cultural Economics and Cultural Policies will be of interest to economists, students and policy makers.
Nothing is more integral to democracy than voting. Most people believe that every citizen has the civic duty or moral obligation to vote, that any sincere vote is morally acceptable, and that buying, selling, or trading votes is inherently wrong. In this provocative book, Jason Brennan challenges our fundamental assumptions about voting, revealing why it is not a duty for most citizens--in fact, he argues, many people owe it to the rest of us not to vote. Bad choices at the polls can result in unjust laws, needless wars, and calamitous economic policies. Brennan shows why voters have duties to make informed decisions in the voting booth, to base their decisions on sound evidence for what will create the best possible policies, and to promote the common good rather than their own self-interest. They must vote well--or not vote at all. Brennan explains why voting is not necessarily the best way for citizens to exercise their civic duty, and why some citizens need to stay away from the polls to protect the democratic process from their uninformed, irrational, or immoral votes. In a democracy, every citizen has the right to vote. This book reveals why sometimes it's best if they don't.
This book presents introductory economics material using standard mathematical tools, including calculus. It is designed for a relatively sophisticated undergraduate who has not taken a basic university course in economics. The book can easily serve as an intermediate microeconomics text. The focus of this book is on the conceptual tools. Contents: 1) What is Economics? 2) Supply and Demand. 3) The US Economy. 4) Producer Theory. 5) Consumer Theory. 6) Market Imperfections. 7) Strategic Behavior.
An overview of recent theoretical and policy-related developments in monetary economics.
This book presents selected peer reviewed papers from the International Conference on Advanced Production and Industrial Engineering (ICAPIE 2019). It covers a wide range of topics and latest research in mechanical systems engineering, materials engineering, micro-machining, renewable energy, industrial and production engineering, and additive manufacturing. Given the range of topics discussed, this book will be useful for students and researchers primarily working in mechanical and industrial engineering, and energy technologies.
This is a microeconomic theory book designed for upper-division undergraduate students in economics and agricultural economics. Basic introductory college courses in microeconomics and differential calculus are the assumed prerequisites. The last, tenth, chapter of the book reviews some mathematical principles basic to the other chapters. All of the chapters contain many numerical examples and graphs developed from the numerical examples. The ambitious student could recreate any of the charts and tables contained in the book using a computer and Excel spreadsheets. There are many numerical examples of the key elements of marginal analysis. In addition, many practical examples are taken from the real world to illustrate key points. Most of the examples used in the book come from the food and agricultural industries, broadly defined. Examples in consumer choice and utility focus on consumer decisions to purchase hamburgers and French fries. Production examples involve choices farmers make in order to apply fertilizer to crops. Market models are employed that illustrate consumer choice between beef, pork and chicken at the grocery meat counter, and so on. A few of the examples do not employ agriculturally related goods, such as the examples dealing with the fate of the Polaroid corporation and its instant cameras, monopoly power of cable television providers and competition between the big three automakers in the 1950s. Each chapter begins with material that will be familiar to nearly any student who has passed an introductory microeconomics course. However, as each chapter progresses, the problems and the math required to complete them get tougher. Critical points throughout the text are highlighted in text boxes. The instructor need not use all of the sections of each chapter for a course as each section of each chapter is self-contained. Each chapter concludes with a basic summary of key points and a comprehensive list of terms and definitions. Students might choose to begin by reading the key summary points and definitions at the end of each chapter. Each chapter also contains a spreadsheet exercise for students to create examples similar to the tables and charts in the text.The book is designed for use in a one-semester course, covering the parts of microeconomics that nearly every instructor believes should be covered at the intermediate level, but also recognizing that most instructors will want to devote a few weeks of the semester to material specific to their own interests.David L. Debertin