Smart Economic Decision Making in a Complex World

Smart Economic Decision Making in a Complex World
Author: Morris Altman
Publsiher: Academic Press
Total Pages: 302
Release: 2020-06-19
ISBN: 0128114614
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Smart Economic Decision Making in a Complex World Book Excerpt:

Smart Economic Decision-Making in a Complex World is a fresh and reality-based perspective on decision-making with significant implications for analysis, self-understanding and policy. The book examines the conditions under which smart people generate outcomes that improve their place of work, their household and society. Within this work, the curious reader will find interesting open questions on many fascinating areas of current economic debate, including, the role of realistic assumptions robust model building, understanding how and when non-neoclassical behavior is best practice, why the assumption of smart decision-makers is best to understand and explain our economies and societies, and under what conditions individuals can make the best possible choices for themselves and society at large. Additional sections cover when and how efficiency is achieved, why inefficiencies can persist, when and how consumer welfare is maximized, and what benchmarks should be used to determine efficiency and rationality. Makes the case for 'smart and rational' decision-making as a context-dependent rational process that is framed by socio-cultural environment and conditioned by institutional capacities Explains how incorporation of the 'smart' decision-maker concept into economic thought improves our understanding of how, why and when people generate certain outcomes Explores how economic efficiency can be achieved, individual preferences realized, and social welfare maximized through the use of 'smart and rational' approaches

Constructing a More Scientific Economics

Constructing a More Scientific Economics
Author: Morris Altman
Publsiher: Springer Nature
Total Pages: 135
Release: 2022
ISBN: 3030839281
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Constructing a More Scientific Economics Book Excerpt:

Contemporary Issues in Social Science

Contemporary Issues in Social Science
Author: Simon Grima,Ercan Özen,Hakan Boz
Publsiher: Emerald Group Publishing
Total Pages: 480
Release: 2021-05-25
ISBN: 1800439326
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Contemporary Issues in Social Science Book Excerpt:

This international exploration on different economic systems provides a comprehensive account which brings a wide range of countries to the forefront in terms of both comparability and accountability, this study shines a light on the differences in systems between states, and provides information to equip readers to minimize those differences.

Organizations and Performance in a Complex World

Organizations and Performance in a Complex World
Author: Ramona Orăștean,Claudia Ogrean,Silvia Cristina Mărginean
Publsiher: Springer Nature
Total Pages: 427
Release: 2020-12-14
ISBN: 3030506762
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Organizations and Performance in a Complex World Book Excerpt:

This volume highlights current research and developments on organizations and (their) performance against the background of ubiquitous complexity. It investigates some of the challenges and trends dominating the complex world of nowadays and the ways organizations are dealing with them in their continuous search for performance. The papers in the volume cover a series of hot and/or emerging topics (i.e. sustainable development, corporate social responsibility, green marketing, digital revolution, social media, global trade, intangible assets, economic intelligence and innovation). Built on an interdisciplinary perspective and a multi-level approach―global (trade, power, sustainable development), regional (EU, BRICS), national (country-based systems, cultures, policies, practices), industry (airlines, pharma, luxury, retailing, banking, tourism), local (communities, destinations), and organization (entrepreneurship, MNEs, public organizations: national and local)―the volume uniquely addresses issues of high interest for researchers, practitioners and policymakers.

Handbook of Behavioural Economics and Smart Decision Making

Handbook of Behavioural Economics and Smart Decision Making
Author: Morris Altman
Publsiher: Edward Elgar Publishing
Total Pages: 616
Release: 2017-05-26
ISBN: 1782549595
Category: Electronic Book
Language: EN, FR, DE, ES & NL

Handbook of Behavioural Economics and Smart Decision Making Book Excerpt:

This Handbook is a unique and original contribution of over thirty chapters on behavioural economics, examining and addressing an important stream of research where the starting assumption is that decision-makers are for the most part relatively smart or rational. This particular approach is in contrast to a theme running through much contemporary work where individuals’ behaviour is deemed irrational, biased, and error-prone, often due to how people are hardwired. In the smart people approach, where errors or biases occur and when social dilemmas arise, more often than not, improving the decision-making environment can repair these problems without hijacking or manipulating the preferences of decision-makers. This book covers a wide-range of themes from micro to macro, including various sub-disciplines within economics such as economic psychology, heuristics, fast and slow-thinking, neuroeconomics, experiments, the capabilities approach, institutional economics, methodology, nudging, ethics, and public policy.

Smart Decisions in Complex Systems

Smart Decisions in Complex Systems
Author: Pierre Massotte,Patrick Corsi
Publsiher: John Wiley & Sons
Total Pages: 376
Release: 2017-07-06
ISBN: 1119368693
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Smart Decisions in Complex Systems Book Excerpt:

Faced with ever-increasing complexity on a daily basis, the decision-makers of today are struggling to find the appropriate models, methods and tools to face the issues arising in complex systems across all levels of global operations. Having, in the past, resorted to outdated approaches which limit problem-solving to linear world views, we must now capitalize on complexities in order to succeed and progress in our society. This book provides a guide to harnessing the wealth inherent to complex systems. It organizes the transition to complex decision-making in all business spheres while providing many examples in various application domains. The authors offer fresh developments for understanding and mastering the global “uberization” of the economy, the post-modern management of computer-assisted production and the rise of cognitive robotics science applications.

Behavioral Economics for Tourism

Behavioral Economics for Tourism
Author: Milena S. Nikolova
Publsiher: Academic Press
Total Pages: 278
Release: 2020-09-24
ISBN: 0128138122
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Behavioral Economics for Tourism Book Excerpt:

Behavioral Economics for Tourism applies behavioral perspectives to business and policy challenges in the tourism industry. The book enables professionals and early career researchers to succeed by focusing on market and consumer trends, technological advancements, and the modern tourist. It covers the transformation of purchasing decisions, tourism hosting dynamics, digital mediation and disintermediation of tourism organizations, service design, and planning policy considerations. The volume concludes with case studies illustrating successful and unsuccessful behavioral tactics and strategies for tourism businesses and organizations. Provides behavioral profiling of the digitally-informed, mobile, self-managed tourist Allows the tourism industry to better understand tourists, both cognitively and emotionally Supports business success, technology development and sustainability in the tourism industry Features case studies on behavioral tactics and strategies for use in tourism

The Role of Experts in International and European Decision Making Processes

The Role of    Experts  in International and European Decision Making Processes
Author: Monika Ambrus,Karin Arts,Ellen Hey,Helena Raulus
Publsiher: Cambridge University Press
Total Pages: 135
Release: 2014-08-28
ISBN: 1316062058
Category: Law
Language: EN, FR, DE, ES & NL

The Role of Experts in International and European Decision Making Processes Book Excerpt:

Experts are increasingly relied on in decision-making processes at international and European levels. Their involvement in those processes, however, is contested. This timely book on the role of 'experts' provides a broad-gauged analysis of the issues raised by their involvement in decision-making processes. The chapters explore three main recurring themes: the rationales for involving experts and ensuing legitimacy problems; the individual and collective dimensions of expert involvement in decision making; and experts and politics and the politics of expertise. With contributions from leading scholars and practitioners, they theorize the experts' involvement in general and address their role in the policy areas of environment, trade, human rights, migration, financial regulation, and agencification in the European Union.

Advanced Multi Criteria Decision Making for Addressing Complex Sustainability Issues

Advanced Multi Criteria Decision Making for Addressing Complex Sustainability Issues
Author: Chatterjee, Prasenjit,Yazdani, Morteza,Chakraborty, Shankar,Panchal, Dilbagh,Bhattacharyya, Siddhartha
Publsiher: IGI Global
Total Pages: 360
Release: 2019-05-03
ISBN: 1522585818
Category: Technology & Engineering
Language: EN, FR, DE, ES & NL

Advanced Multi Criteria Decision Making for Addressing Complex Sustainability Issues Book Excerpt:

Sustainability issues have gained more importance in contemporary globalization, pushing decision makers to find a systematic mathematical approach to conduct analyses of this real-world problem. The growing complexity in modern social-economics or engineering environments or systems has forced researchers to solve complicated problems by using multi-criteria decision-making (MCDM) approaches. However, traditional MCDM research mainly focuses on reaching the highest economic value or efficiency, and issues related to sustainability are still not closely explored. Advanced Multi-Criteria Decision Making for Addressing Complex Sustainability Issues discusses and addresses the challenges in the implementation of decision-making models in the context of green and sustainable engineering, criteria identification, quantification, comparison, selection, and analysis in the context of manufacturing, supply chain, transportation, and energy sectors. All academic communities in the areas of management, economics, business sciences, mechanical, and manufacturing technologies are able to use, apply, and implement the models presented in this book. It is intended for researchers, manufacturers, engineers, managers, industry professionals, academicians, and students.

Understanding Smart Cities A Tool for Smart Government or an Industrial Trick

Understanding Smart Cities  A Tool for Smart Government or an Industrial Trick
Author: Leonidas G. Anthopoulos
Publsiher: Springer
Total Pages: 293
Release: 2017-04-13
ISBN: 3319570153
Category: Law
Language: EN, FR, DE, ES & NL

Understanding Smart Cities A Tool for Smart Government or an Industrial Trick Book Excerpt:

This book investigates the role of smart cities in the broader context of urban innovation and e-government, identifies what a smart city is in practice and highlights their importance to the welfare of society. The book offers specific, measurable, and action-oriented public sector planning and management principles and ideas for smart governance in the era of global urbanization and innovation to help with the challenges in maintaining the democratic system of checks and balances as well as the division of powers in a highly interconnected world. The book will be of interest researchers, practitioners, students, and public sector IT professionals that work within innovation management, public administration, urban technologies and urban innovation, and public local administration studies.

Economics for Business

Economics for Business
Author: Ivan K. Cohen
Publsiher: Kogan Page Publishers
Total Pages: 360
Release: 2015-11-03
ISBN: 0749470208
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Economics for Business Book Excerpt:

Economics for Business enables the reader to develop a clear understanding of the economic environment in which business takes place. This comprehensive book covers: the process of globalization and its implications for business; the role of the market and supply and demand; the impact of demand on branding and brand loyalty; and pricing strategies under various market structures. With specific business content integrated throughout and a global perspective on the current world of business, taking into account the financial crisis and its aftermath, Economics for Business is a useful introduction to economics for business students, a streamlined and comprehensive alternative to large undergraduate economics textbooks, and a valuable resource for managers and executives who need to understand the basics of economic concepts to grow their business. Online supporting resources for this book include bonus chapters on shareholders, trading blocs and skills groupings, a glossary, history of economics and an instructor's manual.

Hayek and Behavioral Economics

Hayek and Behavioral Economics
Author: Roger Frantz,Robert Leeson
Publsiher: Palgrave Macmillan
Total Pages: 349
Release: 2013-01-30
ISBN: 0230301169
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Hayek and Behavioral Economics Book Excerpt:

Friedrich Hayek was awarded the 1974 Nobel Prize for Economic Sciences for his contributions to the analysis of money and the business cycle, and for his penetrating analysis of the interdependence of economic, social and institutional phenomena. Hayek was a polymath: he systematically analyzed human rationality, the nature of knowledge, and methodology. This book, which analyses his contributions to the emerging – and revolutionary – field of behavioral economics, has been written by an outstanding collection of authors including Deirdre McCloskey, Herbert Gintis, Peter Boettke and Nobel Laureate Vernon Smith. It is demonstrated that Hayek's seminal contributions came decades before economists such as Herbert Simon (winner of the 1978 Nobel Prize) and Harvey Leibenstein began to develop the field in earnest.

Privacy and Identity Management The Smart Revolution

Privacy and Identity Management  The Smart Revolution
Author: Marit Hansen,Eleni Kosta,Igor Nai-Fovino,Simone Fischer-Hübner
Publsiher: Springer
Total Pages: 371
Release: 2018-06-08
ISBN: 3319929259
Category: Computers
Language: EN, FR, DE, ES & NL

Privacy and Identity Management The Smart Revolution Book Excerpt:

This book contains selected papers presented at the 12th IFIP WG 9.2, 9.5, 9.6/11.7, 11.6/SIG 9.2.2 International Summer School on Privacy and Identity Management, held in Ispra, Italy, in September 2017. The 12 revised full papers, 5 invited papers and 4 workshop papers included in this volume were carefully selected from a total of 48 submissions and were subject to a three-phase review process. The papers combine interdisciplinary approaches to bring together a host of perspectives: technical, legal, regulatory, socio-economic, social, societal, political, ethical, anthropological, philosophical, and psychological. They are organized in the following topical sections: privacy engineering; privacy in the era of the smart revolution; improving privacy and security in the era of smart environments; safeguarding personal data and mitigating risks; assistive robots; and mobility and privacy.

Real World Decision Making An Encyclopedia of Behavioral Economics

Real World Decision Making  An Encyclopedia of Behavioral Economics
Author: Morris Altman
Publsiher: ABC-CLIO
Total Pages: 499
Release: 2015-06-23
ISBN: 1440828164
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Real World Decision Making An Encyclopedia of Behavioral Economics Book Excerpt:

The first and only encyclopedia to focus on the economic and financial behaviors of consumers, investors, and organizations, including an exploration of how people make good—and bad—economic decisions. • Contains an informative introductory essay that familiarizes students with the various aspects of behavioral economics • Provides a list of additional readings for those interested in learning more about the topic • Includes cross-references in each entry to help readers make connections between related topics • Defines key terms that are likely to be unfamiliar to those without advance knowledge of the subject • Helps readers identify and study particular entry categories through accompanying Topic Finders

Managing Critical Infrastructure Risks

Managing Critical Infrastructure Risks
Author: Igor Linkov,Richard J. Wenning,Gregory A. Kiker
Publsiher: Springer
Total Pages: 488
Release: 2007-09-11
ISBN: 1402063857
Category: Science
Language: EN, FR, DE, ES & NL

Managing Critical Infrastructure Risks Book Excerpt:

This book offers a state-of-the-science approach to current environmental security threats and infrastructure vulnerabilities. It emphasizes beliefs that the convergence of seemingly disparate viewpoints and often uncertain and limited information is possible only by using one or more available risk assessment methodologies and decision-making tools such as risk assessment and multi-criteria decision analysis (MCDA).

Neuroeconomics and the Decision Making Process

Neuroeconomics and the Decision Making Process
Author: Christiansen, Bryan
Publsiher: IGI Global
Total Pages: 354
Release: 2016-03-17
ISBN: 1466699906
Category: Psychology
Language: EN, FR, DE, ES & NL

Neuroeconomics and the Decision Making Process Book Excerpt:

Neuroeconomics has emerged as a field of study with the goal of understanding the human decision-making process and the mental consideration of multiple outcomes based on a selected action. In particular, neuroeconomics emphasizes how economic conditions can impact and influence the decision-making process and alternately, how human actions have the power to impact economic conditions. Neuroeconomics and the Decision-Making Process presents the latest research on the relationship between neuroscience, economics, and human decision-making, including theoretical foundations, real-world applications, and models for implementation. Taking a cross-disciplinary approach to neuroeconomic theory and study, this publication is an essential reference source for economists, psychologists, business professionals, and graduate-level students across disciplines.

Leadership in a Globalized World

Leadership in a Globalized World
Author: Frannie Léautier
Publsiher: Springer
Total Pages: 306
Release: 2014-10-07
ISBN: 1137431210
Category: Political Science
Language: EN, FR, DE, ES & NL

Leadership in a Globalized World Book Excerpt:

This book investigates key issues facing leaders in increasingly complex decision-making environments as a result of globalization. It presents a synthesis and interpretation of academic research in multiple disciplines and integrates it into a practical approach that is readily useable by leaders in government, corporations, and civil society.

Managerial Economics

Managerial Economics
Author: Lila J. Truett,Dale B. Truett
Publsiher: Wiley
Total Pages: 768
Release: 2003-07-16
ISBN: 9780471444664
Category: Business & Economics
Language: EN, FR, DE, ES & NL

Managerial Economics Book Excerpt:

Truett and Truett's Eighth Edition shows how to use economic analysis to solve problems and make effective decisions in the complex world of business. The highly successful problem-solving approach, clear and accurate presentation of economic theory, and outstanding cases combine to make the best presentation of managerial economics yet. * Walks readers step by step through specific types of problems, including elasticity calculations, cost minimization, and profit maximization. * Shows how real-world firms have addressed issues discussed in the book. * Emphasizes the global aspects of managerial economics and its application in the international marketplace.

Smart Citizens Smarter State

Smart Citizens  Smarter State
Author: Beth Simone Noveck
Publsiher: Harvard University Press
Total Pages: 368
Release: 2015-11-02
ISBN: 0674915453
Category: Political Science
Language: EN, FR, DE, ES & NL

Smart Citizens Smarter State Book Excerpt:

Governments make too little use of the skills and experience of citizens. New tools—what Beth Simone Noveck calls technologies of expertise—are making it possible to match citizen expertise to the demand for it in government. She offers a vision of participatory democracy rooted not in voting or crowdsourcing but in people’s knowledge and know-how.

Smart Grid Handbook 3 Volume Set

Smart Grid Handbook  3 Volume Set
Author: Chen-Ching Liu
Publsiher: John Wiley & Sons
Total Pages: 1900
Release: 2016-08-01
ISBN: 1118755480
Category: Science
Language: EN, FR, DE, ES & NL

Smart Grid Handbook 3 Volume Set Book Excerpt:

Comprehensive, cross-disciplinary coverage of Smart Grid issues from global expert researchers and practitioners. This definitive reference meets the need for a large scale, high quality work reference in Smart Grid engineering which is pivotal in the development of a low-carbon energy infrastructure. Including a total of 83 articles across 3 volumes The Smart Grid Handbook is organized in to 6 sections: Vision and Drivers, Transmission, Distribution, Smart Meters and Customers, Information and Communications Technology, and Socio-Economic Issues. Key features: Written by a team representing smart grid R&D, technology deployment, standards, industry practice, and socio-economic aspects. Vision and Drivers covers the vision, definitions, evolution, and global development of the smart grid as well as new technologies and standards. The Transmission section discusses industry practice, operational experience, standards, cyber security, and grid codes. The Distribution section introduces distribution systems and the system configurations in different countries and different load areas served by the grid. The Smart Meters and Customers section assesses how smart meters enable the customers to interact with the power grid. Socio-economic issues and information and communications technology requirements are covered in dedicated articles.The Smart Grid Handbook will meet the need for a high quality reference work to support advanced study and research in the field of electrical power generation, transmission and distribution. It will be an essential reference for regulators and government officials, testing laboratories and certification organizations, and engineers and researchers in Smart Grid-related industries.