Analysis of microdata

The book provides a simple, intuitive introduction to regression models for qualitative and discrete dependent variables, to sample selection models, and to event history models, all in the context of maximum likelihood estimation. It presents a wide range of commonly used models. The book thereby ...

Vergleichendes verfassungsrecht

Die Rechtsvergleichung im Verfassungsrecht hat im deutschen Sprachraum eine lange Tradition. Bislang fehlte allerdings eine einführende zusammenfassende Darstellung. Als erstes Lehrbuch des Vergleichenden Verfassungsrechts im deutschen Sprachraum untersucht das vorliegende Werk den demokratischen europäischen Verfassungsstaat der Gegenwart. Es führt in kompakter Form in die Methodik ...

Institutions, sustainability, and natural resources

institutions for sustainable forest management

A new economic theory, rather than a new public policy based on old theory, is needed to guide humanity toward sustainability. Institutions are a critical dimension of sustainability and sustainable forest management, and economic analysis of institutional dimension requires an inclusionist rather than an exclusionist ...

Company tax reform in the European Union

guidance from the United States and Canada on implementing formulary apportionment in the EU

Company Tax Reform in the European Union draws from experiences in the American states and Canadian provinces to provide guidance to the European Union. The book describes the new landscape for company tax reform in the EU and how formulary apportionment fits into that landscape ...

Environmental risk assessment

quantitative measures, anthropogenic influences, human impact

This book deals with environmental and human risk problems caused by contamination from the perspective of real world applications with quantitative procedures. It includes risk methods for the discussion of environmental problems where data are sparse or fuzzy, as well as incorporating political, social and ...

Managing dynamic networks

Collaboration of organizations reshapes traditional managerial practices, and creates new inter- organizational contexts for strategy, coordination and control, information and knowledge management. Heralded as organizational forms of the future, networks are at the same time fragile and precarious organizational arrangements, which regularly fail. In order ...

Frontiers in water resource economics

This edited volume focuses on recent methodological advances within the field of water resource economics and shows how these advances can be applied to the economics of water issues. It identifies five areas of particular importance - asymmetric information and game theory, uncertainty, space, water quality ...

Market-conform valuation of options

Table of Contents: Introduction * Construction of Arbitrage-Free Implied Trees: A New Approach * Market-Conform Option Valuation: An Empirical Assessment of Alternative Approaches * Market-Conform Valuation of American-Style Options via Monte Carlo Simulation * Synopsis.

Digital libraries

implementing strategies and sharing experiences: 8th International Conference on Asian Digital Libraries, ICADL 2005

This book constitutes the refereed proceedings of the 8th International Conference on Asian Digital Libraries, ICADL 2005, held in Bangkok, Thailand in December 2005.The 40 revised full papers, 15 revised short papers, and 15 posters presented together with 5 keynote and invited papers were ...

The Stability and Growth Pact

experiences and future aspects

When the Euro was introduced in the EU, the Stability and Growth Pact (SGP) was one of the cornerstones of the architecture of fiscal policy in the Economic and Monetary Union (EMU). The call for a reform got momentum since many Member States of the ...

Mathematical methods in economics and social choice

In recent years, the usual optimization techniques, which have proved so useful in microeconomic theory, have been extended to incorporate more powerful topological and differential methods, and these methods have led to new results on the qualitative behavior of general economic and political systems. These ...

Economics of the environment

theory and policy

The book interprets nature and the environment as a scarce resource. It offers a theoretical study of the allocation problem and describes different policy approaches to the environmental problem. The entire spectrum of the allocation issue is studied: the use of the environment in a ...

Elements of international economics

This book details how an open economy functions. It explores the determinants of international flows of commodities and financial assets as well as examines the effects of these flows on the domestic and international economy and the possible policy actions at the national and international ...

Explanatory item response models

a generalized linear and nonlinear approach

Statistics of financial markets

an introduction

Statistical analysis and data display

an intermediate course with examples in S-Plus,R,and SAS

This contemporary presentation of statistical methods features extensive use of graphical displays for exploring data and for displaying the analysis. The authors demonstrate how to construct and interpret graphs, discuss principles of graphical design, and show how accompanying traditional tabular results are used to confirm ...

Monte Carlo statistical methods

Monte Carlo statistical methods, particularly those based on Markov chains, are now an essential component of the standard set of techniques used by statisticians. This new edition has been revised towards a coherent and flowing coverage of these simulation techniques, with incorporation of the most ...

Default risk in bond and credit derivatives markets

Macroeconomic policies in the world economy

The integration of goods and financial markets has progressed on a global scale in recent years. Thus, the cyclical patterns in the world economy may have changed too. Against this background, experts in international economics analyze the synchronization of business cycles and their volatility in ...

Stochastic calculus for finance

II. Continuous-time models

"A wonderful display of the use of mathematical probability to derive a large set of results from a small set of assumptions. In summary, this is a well-written text that treats the key classical models of finance through an applied probability approach...It should serve ...