Physica jul 2010 (4 risultati)

Buch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -It has been observed that the studies of quality are pursued in various disciplines like economics, quality management, and marketing science, and are seen isolated. The treatments imparted to these studies are also different and has the backdrop of discipline in which the work has been pursued. The nature of isolation is equally seen when quality uncertainty and perceived quality were pursued separately without showing any inkling that these can be complimentary. Economist and Nobel Laureate, Akerlof (1970), wrote a seminal piece 'The market for lemons: quality uncertainty and market mechanism', where he described quality uncertainty due to information asymmetry. It refers to the fact that a party in a transaction may have more information than the other. This is information asymmetry. If the seller has more information than the buyer about the product quality, he/she may sell it, as if it is a high-quality product. In reality, it could be a low-quality product. The buyer does not have the information regarding the quality of the offered product. The market condition that led to this transaction is quality uncertainty due to information asymmetry. 115 pp. Englisch.…

Buch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Financial and insurance calculations become more and more frequent and helpful for many users not only in their profession life but sometimes even in their personal life. Therefore a survey of formulas of nancial and insurance mathematics that can be applied to such calculations seems to be a suitable aid. In some cases one should use instead of the term formula more suitable terms of the type method, p- cedure or algorithm since the corresponding calculations cannot be simply summed up to a single expression, and a verbal description without introducing complicated symbols is more appropriate. The survey has the following ambitions: - The formulas should be applicable in practice: it has motivated their choice for this survey rst and foremost. On the other hand it is obvious that by time one puts to use in practice seemingly very abstract formulas of higher mathematics, e.g. when pricing nancial derivatives, evaluating nancial risks, applying accou- ing principles based on fair values, choosing alternative risk transfers ARL in insurance, and the like. - The formulas should be error-free (though such a goal is not achievable in full) since in the nancial and insurance framework one publishes sometimes in a h- tic way various untried formulas and methods that may be incorrect. Of course, the formulas are introduced here without proofs because their derivation is not the task of this survey. 436 pp. Englisch.…

Buch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -In this book the author investigates the impact of demographic change oneconomic growth. As a result of the current financial crisis, a new view oneconomics has been demanded by various scientists. The author provides such anew view on economic growth, using a methodology of system dynamics. Byapplying this method, the author focuses on characteristics ofcomplex systems and analyzes aging and shrinking processes, and not onlypositive growth. Delays and feedback processes are also considered. This leads todeeper and revealing insights into economic behavior. In doing so, a newsemi-endogenous growth model is developed by introducing a specific anddetailed population sector (demographic growth model). The book shows andanalyzes the behavior of such a model and tests several policy scenarios ina transfer chapter to apply the new theoretical approach on real worldproblems. The major results are summarized in 15 principles of demographicgrowth. 270 pp. Englisch.…

Buch. Condizione: Neu. This item is printed on demand - Print on Demand Titel. Neuware -Financial and insurance calculations become more and more frequent and helpful for many users not only in their profession life but sometimes even in their personal life. Therefore a survey of formulas of nancial and insurance mathematics that can be applied to such calculations seems to be a suitable aid. In some cases one should use instead of the term formula more suitable terms of the type method, p- cedure or algorithm since the corresponding calculations cannot be simply summed up to a single expression, and a verbal description without introducing complicated symbols is more appropriate. The survey has the following ambitions: ¿ The formulas should be applicable in practice: it has motivated their choice for this survey rst and foremost. On the other hand it is obvious that by time one puts to use in practice seemingly very abstract formulas of higher mathematics, e.g. when pricing nancial derivatives, evaluating nancial risks, applying accou- ing principles based on fair values, choosing alternative risk transfers ARL in insurance, and the like. ¿ The formulas should be error-free (though such a goal is not achievable in full) since in the nancial and insurance framework one publishes sometimes in a h- tic way various untried formulas and methods that may be incorrect. Of course, the formulas are introduced here without proofs because their derivation is not the task of this survey.Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 436 pp. Englisch.…