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The Economics of Adaptation and Long-term Relationships

The Economics of Adaptation and Long-term Relationships PDF Author: Dean Victor Williamson
Publisher: Edward Elgar Publishing
ISBN: 1788979664
Category : Economics
Languages : en
Pages : 257

Book Description
Do institutions matter in economic theory? Or is the economic analysis of institutions a distraction from the most important action? Indeed, does Vernon Smith’s notion of the “institution-free core” of formal economic theory encompass that most important action? To explore this question, this book opens with an informal tour of the economics of system design out of which an economics of adaptation ultimately emerged. The book then offers explorations, via the application of the economics of adaptation in both law and economics relating to how parties manage relationships within the firm, within the context of long-term contracts, and, most vividly, within the context of antitrust conspiracy.

The Economics of Adaptation and Long-term Relationships

The Economics of Adaptation and Long-term Relationships PDF Author: Dean Victor Williamson
Publisher: Edward Elgar Publishing
ISBN: 1788979664
Category : Economics
Languages : en
Pages : 257

Book Description
Do institutions matter in economic theory? Or is the economic analysis of institutions a distraction from the most important action? Indeed, does Vernon Smith’s notion of the “institution-free core” of formal economic theory encompass that most important action? To explore this question, this book opens with an informal tour of the economics of system design out of which an economics of adaptation ultimately emerged. The book then offers explorations, via the application of the economics of adaptation in both law and economics relating to how parties manage relationships within the firm, within the context of long-term contracts, and, most vividly, within the context of antitrust conspiracy.

Climate Adaptation Engineering

Climate Adaptation Engineering PDF Author: Emilio Bastidas-Arteaga
Publisher: Butterworth-Heinemann
ISBN: 0128168404
Category : Technology & Engineering
Languages : en
Pages : 390

Book Description
Climate Adaptation Engineering defines the measures taken to reduce vulnerability and increase the resiliency of built infrastructure. This includes enhancement of design standards, structural strengthening, utilisation of new materials, and changes to inspection and maintenance regimes, etc. The book examines the known effects and relationships of climate change variables on infrastructure and risk-management policies. Rich with case studies, this resource will enable engineers to develop a long-term, self-sustained assessment capacity and more effective risk-management strategies. The book's authors also take a long-term view, dealing with several aspects of climate change. The text has been written in a style accessible to technical and non-technical readers with a focus on practical decision outcomes. - Provides climate scenarios and their likelihoods, hazard modelling (wind, flood, heatwaves, etc.), infrastructure vulnerability, resilience or exposure (likelihood and extent of damage) - Introduces the key concepts needed to assess the risks, costs and benefits of future proofing infrastructures in a changing climate - Includes case studies authored by experts from around the world

Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis

Long-Term Macroeconomic Effects of Climate Change: A Cross-Country Analysis PDF Author: Matthew E. Kahn
Publisher: International Monetary Fund
ISBN: 1513514598
Category : Business & Economics
Languages : en
Pages : 59

Book Description
We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate variables—defined as deviations of temperature and precipitation from their historical norms. Using a panel data set of 174 countries over the years 1960 to 2014, we find that per-capita real output growth is adversely affected by persistent changes in the temperature above or below its historical norm, but we do not obtain any statistically significant effects for changes in precipitation. Our counterfactual analysis suggests that a persistent increase in average global temperature by 0.04°C per year, in the absence of mitigation policies, reduces world real GDP per capita by more than 7 percent by 2100. On the other hand, abiding by the Paris Agreement, thereby limiting the temperature increase to 0.01°C per annum, reduces the loss substantially to about 1 percent. These effects vary significantly across countries depending on the pace of temperature increases and variability of climate conditions. We also provide supplementary evidence using data on a sample of 48 U.S. states between 1963 and 2016, and show that climate change has a long-lasting adverse impact on real output in various states and economic sectors, and on labor productivity and employment.

Right Relationship

Right Relationship PDF Author: Peter G. Brown
Publisher: Berrett-Koehler Publishers
ISBN: 1576757625
Category : Business & Economics
Languages : en
Pages : 242

Book Description
Our current economic system is unsustainable. Its fundamental elements, unlimited growth, and endless wealth accumulation fly in the face of the fact that the Earth's resources are clearly finite. In this work, the authors offer a comprehensive new economic model.

Purchasing and Supply Chain Management

Purchasing and Supply Chain Management PDF Author: Thomas E. Johnsen
Publisher: Routledge
ISBN: 1317819209
Category : Business & Economics
Languages : en
Pages : 443

Book Description
This is the ground-breaking new book for aspiring purchasing and supply chain leaders and anyone with a keen interest in this rapidly evolving field. For too long business has focused on short-term cost advantages through low-cost country sourcing with little regard for the longer-term implications of global sustainability. As the first book to fully address the environmental, social and economic challenges of how companies manage purchasing and supply chains, it aims to inspire the development of current and future purchasing and supply chain leaders. In addition to explaining the basic principles and processes of both purchasing and supply chain management, the book evaluates how to develop strategic and sustainable purchasing and supply chain management. A key message is that purchasing and supply chain management needs to focus on value creation rather than cost cutting. This requires the development of completely new purchasing and supply chain models that involve closed-loop supply structures, supply chain transparency and collaboration with new stakeholders in traditional sourcing and supply chain processes. Aimed at students, educators and practitioners the book integrates sustainability into each chapter as a core element of purchasing and supply chain management. Incorporating case studies from industry into each chapter, the book strikes a balance between theoretical frameworks and guidelines for implementation in practice.

Conflict, Cooperation and Institutions in International Water Management

Conflict, Cooperation and Institutions in International Water Management PDF Author: Ines Dombrowsky
Publisher: Edward Elgar Publishing
ISBN: 9781782543053
Category : Business & Economics
Languages : en
Pages : 400

Book Description
This book asks under which conditions cooperation is in the interest of the riparian countries sharing international waters, and how institutions must be designed to realize potential gains of cooperation.

The Business of Networks

The Business of Networks PDF Author: Robert Huggins
Publisher: Routledge
ISBN: 100016053X
Category : Business & Economics
Languages : en
Pages : 215

Book Description
This title was first published in 2000: The first book which brings together and interprets both the theoretical concepts associated with the study of networks in the business world, and the policy applications being applied to the practical building and development of such networks. It maps the changes in the culture of economic development policy that occurred in the UK during the 1990s, incorporating a detailed assessment of the contribution that the Training and Enterprise Councils made to business support policies. The book is published at a time when network and cluster building has risen to the top of economic development agendas not only in UK, but in many countries throughout the world. It offers the most detailed insight so far available into the structure, motivations and processes involved in developing business networks through institutional intervention. The book is relevant to anyone with an interest in business policy and theory.

Defense Economics

Defense Economics PDF Author: Marcus Matthias Keupp
Publisher: Springer Nature
ISBN: 3030738159
Category : Business & Economics
Languages : en
Pages : 138

Book Description
This textbook examines the economic problems of military organizations from an institutional perspective. It discusses the efficiency and effectiveness of military performance, using a capability-based conceptualization. Constitutional, historical and economic considerations complement the analysis. Neither the analysis nor the conclusions depend on any specific armed force, culture, organization, or language. On the contrary, the challenge of defense economics analysis and armed forces management is reduced to a fundamental economic problem, and solutions to this problem are offered. This book is a must-read for students, scholars and practitioners interested in a better understanding of defense economics.

Adapting Idols: Authenticity, Identity and Performance in a Global Television Format

Adapting Idols: Authenticity, Identity and Performance in a Global Television Format PDF Author: Joost de Bruin
Publisher: Routledge
ISBN: 1317185463
Category : Music
Languages : en
Pages : 263

Book Description
Since the first series of Pop Idol aired in the UK just over a decade ago, Idols television shows have been broadcast in more than forty countries all over the world. In all those countries the global Idols format has been adapted to local cultures and production contexts, resulting in a plethora of different versions, ranging from the Dutch Idols to the Pan-Arab Super Star and from Nigerian Idol to the international blockbuster American Idol. Despite its worldwide success and widespread journalistic coverage, the Idols phenomenon has received only limited academic attention. Adapting Idols: Authenticity, Identity and Performance in a Global Television Format brings together original studies from scholars in different parts of the world to identify and evaluate the productive dimensions of Idols. As one of the world's most successful television formats, Idols offers a unique case for the study of cultural globalization. Chapters discuss how Idols shows address particular national or regional identity politics and how Idols is consumed by audiences in different territories. This book illustrates that even though the same television format is used in countries all over the globe, practices of adaptation can still result in the creation of unique local cultural products.

Key Account Management in Business-to-Business Markets

Key Account Management in Business-to-Business Markets PDF Author: Stefan Wengler
Publisher: Springer Science & Business Media
ISBN: 383509355X
Category : Business & Economics
Languages : en
Pages : 309

Book Description
Stefan Wengler provides a well founded answer to the question of the economic value and shows the need for the implementation of key account management. He presents a comprehensive, but easy-to-handle decision-making model that supports the decision on the most efficient key account management organization for individual companies. In addition, he gives a comprehensive overview on the key account management conception and its controlling tools.