The Economics of Inaction - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economics of Inaction write by Nancy L. Stokey. This book was released on 2009. The Economics of Inaction available in PDF, EPUB and Kindle. In The Economics of Inaction, leading economist Nancy Stokey shows how the tools of stochastic control can be applied to dynamic problems of decision making under uncertainty when fixed costs are present. Stokey provides a self-contained, rigorous, and clear treatment of two types of models, impulse and instantaneous control. She presents the relevant results about Brownian motion and other diffusion processes, develops methods for analyzing each type of problem, and discusses applications to price setting, investment, and durable goods purchases."--Pub. desc.
The Cost of Inaction
The Cost of Inaction - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Cost of Inaction write by Sudhir Anand. This book was released on 2012. The Cost of Inaction available in PDF, EPUB and Kindle. Case studies from Rwanda and Angola show how the cost of inaction can be greater than the cost of action. Failure to reduce extreme poverty, for example, often results in malnutrition, preventable morbidity, premature death, and incomplete basic education. Differences between the COI approach and traditional benefit-cost analysis are highlighted.
The Power of Inaction
The Power of Inaction - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Power of Inaction write by Cornelia Woll. This book was released on 2014-04-17. The Power of Inaction available in PDF, EPUB and Kindle. Bank bailouts in the aftermath of the collapse of Lehman Brothers and the onset of the Great Recession brought into sharp relief the power that the global financial sector holds over national politics, and provoked widespread public outrage. In The Power of Inaction, Cornelia Woll details the varying relationships between financial institutions and national governments by comparing national bank rescue schemes in the United States and Europe. Woll starts with a broad overview of bank bailouts in more than twenty countries. Using extensive interviews conducted with bankers, lawmakers, and other key players, she then examines three pairs of countries where similar outcomes might be expected: the United States and United Kingdom, France and Germany, Ireland and Denmark. She finds, however, substantial variation within these pairs. In some cases the financial sector is intimately involved in the design of bailout packages; elsewhere it chooses to remain at arm’s length.Such differences are often ascribed to one of two conditions: either the state is strong and can impose terms, or the state is weak and corrupted by industry lobbying. Woll presents a third option, where the inaction of the financial sector critically shapes the design of bailout packages in favor of the industry. She demonstrates that financial institutions were most powerful in those settings where they could avoid a joint response and force national policymakers to deal with banks on a piecemeal basis. The power to remain collectively inactive, she argues, has had important consequences for bailout arrangements and ultimately affected how the public and private sectors have shared the cost burden of these massive policy decisions.
Transforming lives
Transforming lives - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Transforming lives write by Legal Services Research Centre. This book was released on 2007-04-25. Transforming lives available in PDF, EPUB and Kindle. This edited collection brings together a selection of papers originally presented at the Legal Services Research Centre's tenth anniversary international research conference. The papers, drawn from three continents, provide an insight into how people experience the law, the extent of impact of legal problems, the reasons people sometimes take no action to resolve problems, methods of service delivery, the integration of legal and health services and forms of funding legal services.
Can We Afford the Future?
Can We Afford the Future? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Can We Afford the Future? write by Doctor Frank Ackerman. This book was released on 2010-08-17. Can We Afford the Future? available in PDF, EPUB and Kindle. According to many scientists, climate change is a growing threat to life as we know it, requiring a large-scale, immediate response. According to many economists, climate change is a moderately important problem; the best policy is a slow, gradual start, to avoid spending too much. They can't both be right. In this book, Frank Ackerman offers a refreshing look at the economics of climate change, explaining how the arbitrary assumptions of conventional theories get in the way of understanding this urgent problem. The benefits of climate protection are vital but priceless, and hence often devalued in cost-benefit calculations. Preparation for the most predictable outcomes of global warming is less important than protection against the growing risk of catastrophic change; massive investment in new, low carbon technologies and industries should be thought of as life insurance for the planet. Ackerman makes an impassioned plea to construct a better economics, arguing that the solutions are affordable and the alternative is unthinkable. If we can't afford the future, what are we saving our money for? Can we Afford the Future? is part of The New Economics series, which uses the ideas behind a new, more human economics to provide a fresh way of looking at major contemporary issues.
