Smart Economic Decision Making in a Complex World

Written By Morris Altman
Smart Economic Decision Making in a Complex World
  • Publsiher : Academic Press
  • Release : 05 June 2020
  • ISBN : 0128131780
  • Pages : 302 pages
  • Rating : 4/5 from 21 reviews
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Read or download book entitled Smart Economic Decision Making in a Complex World written by Morris Altman which was release on 05 June 2020, this book published by Academic Press. Available in PDF, EPUB and Kindle Format. 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

Smart Economic Decision Making in a Complex World

Smart Economic Decision Making in a Complex World
  • Author : Morris Altman
  • Publisher : Academic Press
  • Release Date : 2020-06-05
  • Total pages : 302
  • ISBN : 0128131780
GET BOOK

Summary : 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 ...

Smart Economic Decision Making in a Complex World

Smart Economic Decision Making in a Complex World
  • Author : Morris Altman
  • Publisher : Academic Press
  • Release Date : 2020-06-19
  • Total pages : 302
  • ISBN : 0128131780
GET BOOK

Summary : 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 ...

Contemporary Issues in Social Science

Contemporary Issues in Social Science
  • Author : Simon Grima,Ercan Özen,Hakan Boz
  • Publisher : Emerald Group Publishing
  • Release Date : 2021-05-25
  • Total pages : 480
  • ISBN : 0128131780
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Summary : 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....

Belief and Rule Compliance

Belief and Rule Compliance
  • Author : Hazik Mohamed,Abbas Mirakhor,Nuri Erbaş
  • Publisher : Academic Press
  • Release Date : 2018-09-20
  • Total pages : 233
  • ISBN : 0128131780
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Summary : Belief and Rule Compliance: An Experimental Comparison of Muslim and Non-Muslim Economic Behavior uses modern behavioral science and game theory to examine the behavior and compliance of Muslim populations to Islamic Finance laws and norms. The work identifies behaviors characterized by unexpected complexity and profound divergence, including expectations for sharing, ...

Managerial Economics

Managerial Economics
  • Author : Lila J. Truett,Dale B. Truett
  • Publisher : Wiley
  • Release Date : 2003-07-16
  • Total pages : 768
  • ISBN : 0128131780
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Summary : 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 ...

Organizations and Performance in a Complex World

Organizations and Performance in a Complex World
  • Author : Ramona Orăștean,Claudia Ogrean,Silvia Cristina Mărginean
  • Publisher : Springer Nature
  • Release Date : 2020-12-14
  • Total pages : 427
  • ISBN : 0128131780
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Summary : 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 ...

Decision Making for Leaders

Decision Making for Leaders
  • Author : Thomas L. Saaty
  • Publisher : Lifetime Learning Pub
  • Release Date : 1982
  • Total pages : 291
  • ISBN : 0128131780
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Summary : Download or read online Decision Making for Leaders written by Thomas L. Saaty, published by Lifetime Learning Pub which was released on 1982. Get Decision Making for Leaders Books now! Available in PDF, ePub and Kindle....

Ecosystemic Evolution Feeded by Smart Systems

Ecosystemic Evolution Feeded by Smart Systems
  • Author : Dino Giuli
  • Publisher : MDPI
  • Release Date : 2018-04-13
  • Total pages : 176
  • ISBN : 0128131780
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Summary : This book is a printed edition of the Special Issue "Ecosystemic Evolution Feeded by Smart Systems" that was published in Future Internet...

Smart Decisions in Complex Systems

Smart Decisions in Complex Systems
  • Author : Pierre Massotte,Patrick Corsi
  • Publisher : John Wiley & Sons
  • Release Date : 2017-07-17
  • Total pages : 376
  • ISBN : 0128131780
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Summary : 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 ...

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
  • Publisher : Cambridge University Press
  • Release Date : 2014-08-28
  • Total pages : 212
  • ISBN : 0128131780
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Summary : 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: ...

Behavioral Economics for Tourism

Behavioral Economics for Tourism
  • Author : Milena S. Nikolova
  • Publisher : Academic Press
  • Release Date : 2020-09-24
  • Total pages : 278
  • ISBN : 0128131780
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Summary : 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 ...

Economic Decision Making in a Changing World

Economic Decision Making in a Changing World
  • Author : G.A. Collenteur,C.J. Jepma
  • Publisher : Springer
  • Release Date : 1993-06-18
  • Total pages : 281
  • ISBN : 0128131780
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Summary : This volume contains 24 of the contributions made to the conference on "Economic Decision-making in a Changing World" held in 1988. Within the general framework of reference the editors focus on six major issues and feature articles on each as separate subject areas....

Economics for Business

Economics for Business
  • Author : Ivan K. Cohen
  • Publisher : Kogan Page Publishers
  • Release Date : 2015-11-03
  • Total pages : 360
  • ISBN : 0128131780
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Summary : 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 ...

A Fast and Frugal Finance

A Fast and Frugal Finance
  • Author : William P. Forbes,Aloysius Obinna Igboekwu,Shabnam Mousavi
  • Publisher : Academic Press
  • Release Date : 2019-12-02
  • Total pages : 276
  • ISBN : 0128131780
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Summary : A Fast and Frugal Finance: Bridging Contemporary Behavioural Finance and Ecological Rationality adds psychological reality to classical financial reasoning. It shows how financial professionals can reach better and quicker decisions using the ‘fast and frugal’ framework for decision-making, adding dramatically to time and outcome efficiency, while also retaining accuracy. The ...

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
  • Publisher : Springer
  • Release Date : 2017-04-13
  • Total pages : 293
  • ISBN : 0128131780
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Summary : 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 ...