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Paving Wall Street : Experimental Economics and the Quest for the Perfect Market
Ross M. Miller Manufacturer: Wiley ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0471121983 |
Book Description
Praise for Paving Wall Street"This is a remarkable book that weaves the deep scientific roots of modern finance and modern financial institutions with humorous perspective and considerable wisdom. Few understand the pervasive and complex economic principles that govern our world of finance. Few are aware of the academic and scientific origins of financial practices and market instruments that are commonplace today. Ross Miller uses his experience and talents acquired as an experimental economist to help us understand a world that is contradictory, potentially dangerous, and paradoxical. He entertains us while doing it." —Charles R. Plott, Edward S. Harkness Professor of Economics and Political Science, California Institute of Technology
"Decisions by millions of individuals produce the fierce tides and churning seas of Wall Street. Miller wields his microscope in the laboratory of experimental economics to provide a sprightly and insightful analysis of investor behavior." —Richard Zeckhauser, Frank P. Ramsey Professor of Political Economy, John F. Kennedy School of Government, Harvard University
"Dramatic new ways for buying and selling-spectrum auctions, e-commerce, derivatives-are the economics professions contribution to the Information Revolution. This book explains how many of these innovations began with simple experiments at Caltech. The style is a refreshing combination-dramatic and fun to read, but also historically and scientifically accurate. So, I can send one to my Dad, a salesman, and another to my girlfriend, a patent attorney." —Colin Camerer, Rea and Lela Axline Professor of Business Economics, California Institute of Technology
"Paving Wall Street is a first-rate insight into bubbles and the experimental research performed on the topic by leading academicians such as Vernon Smith." —David Dreman, Chairman, Dreman Value Management
"Academic ideas have revolutionized how Wall Street operates. Entirely new markets have been created. This revolution continues today, accelerated by the rise of increasingly automated markets. Ross Miller has produced a book that makes the leading-edge financial and economic thinking that shapes these new markets accessible to practitioners and professionals. With no equations and a deft touch, this is an excellent guide to the future of greater Wall Street." —David J. Leinweber, PhD, Economics/Social Sciences, California Institute of Technology
Customer Reviews:
Useful.......2005-06-08
Mentions an article of mine in endnotes.......2003-02-07
Ross M. Miller makes three large claims here. I think he makes good on the first two. I'm not so sure about the third, but even there he makes a case that needs to be made.
First, he explains that one branch of economics has become an experimental science.
Second, he says that this variant of economics has produced important results - theorems disclosing how markets might best be structured or restructured, and how the privatization of now-public goods might be accomplished, in ways that could produce enormous productivity gains.
He more pessimistically claims though, thirdly, that these theorems probably won't produce such gains, because in doing so they would hurt politically powerful interests.
The idea of "experimental economics" is simple enough: a college professor need only ask his students to co-operate in a simple auction-based game, so that he (and they) can observe the process by which prices come into existence under simplified conditions. Once a body of observations has developed, he and other experimenters can vary the rules and conditions of the game and observe the effect the changes have upon the trading strategies of the players and the game outcomes.
It was at Harvard University, in the 1940s, that such experiments got their start, in the classroom of Professor Edward Chamberlain. In the decades since, a body of observations has developed that in some respects supports neoclassical economic theory, but that in one crucial respect calls for its modification. Neoclassical theory needs to be modified to account for the possibility of irrational price bubbles. What is of greater policy importance, though, is that post-Chamberlainian experiments have given us a good idea of how markets can be structured to prevent bubble formation.
Where it's at in economics today.......2002-02-06
That's not true today. The consensus is fragmenting. If you want to understand the underpinnings of this intellectual shift, read Ross's book. It's written clearly, even excitingly, with well-chosen examples. And it is written by a real economist, who's trying to understand what's right and what's wrong about how we think about the economic world.
Perfect for our Economic Times!.......2002-01-18
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Business Communication: Building Critical Skills with PowerWeb and BComm Skill Booster
Kitty Locker , and Stephen Kyo Kaczmarek Manufacturer: McGraw-Hill/Irwin ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0072865717 |
Book Description
Business Communication: Building Critical Skills by Locker and Kaczmarek represents a unique approach to a hands-on course. Written by the same author of Business and Administrative Communication, this completely new approach is devised and created with the assistance of a community college colleague. The innovative modular structure allows instructors to focus on specific skills and provides greater flexibility for short courses and different teaching approaches. While grounded in solid business communication fundamentals, this four-color paperback takes a strong workplace activity orientation which helps students connect what they learn to what they do or will do on the job.Customer Reviews:
I Like It.......2004-01-09
Great Book.......2003-01-15
Mistakes over Mistakes.......2002-12-06
Well Done.......2002-04-15
A Great Book!.......2001-04-07
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Business Communication: Building Critical Skills with PowerWeb and BComm Skill Booster
LOCKER Manufacturer: McGraw-Hill/Irwin ProductGroup: Book Binding: Paperback ASIN: B000OGMDYG |
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Marketing Your Event Planning Business: A Creative Approach to Gaining the Competitive Edge
Judy Allen Manufacturer: Wiley ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0470833874 |
Book Description
Recent years have been tough on event planners and the special events industry. September 11, major economic downturns, wars and SARS have all hit the event planning industry hard. There are fewer corporate dollars than ever to go around for travel budgets and special events. In what was already a highly competitive industry, many planners and companies are struggling for their business survival. This book tells you all you need to know about how to market your event planning business and build a client base - in good times or in bad.Marketing Your Event Planning Business shows event planners and event management companies how to gain the competitive edge by setting themselves apart, pursuing new markets, and soliciting sales. It covers all the vital topics in event planning marketing, including how to:
Customer Reviews:
Realy usefull.......2006-08-21
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How to Start & Run a Profitable Home-Based Transcription Business
Sandra K. Shirah Manufacturer: Hercareer Pr ProductGroup: Book Binding: Paperback ASIN: 0973428600 |
Book Description
Do you have a good typing speed? Are you a good proofreader? Do you possess good customer service skills? Can you meet deadlines and work without supervision? Do you have a knack for medical and/or legal terminology? Are you a business woman at heart? Can you keep accurate records? If you answered YES, then with proper guidance, hard work and dedication, you can become a successful home-based transcriptionist! This book, packed full of valuable tips and sample templates, will almost guarantee your success as a home-based transriiptionist.Customer Reviews:
Two Thumbs Up! Marketing, Templates & Job Leads!.......2007-03-05
Wealth of Accurate Info.......2007-03-05
Full of information...and typos!.......2005-06-10
Letýs Make Some Money!.......2004-02-01
The information within the book is compact, but thorough and guides the reader through all the necessary steps from inception to finish. No stone goes unturned in this quick, but very informative read. From start-up tips to financing options, this resource should prove very handy for the aspiring home-based worker.
Sandra Shirah nails it right on the head with this guide. This book was well thought out, researched and executed with extreme professionalism. Clear, concise and detailed...a sure-fire way to help the transition into self-employment smooth as silk. For all you entrepreneurs, you can't go wrong with this one. My next question - what are YOU waiting on?
Reviewed by T. Belinda Williams
of The RAWSISTAZ Reviewers
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In Mixed Company: Communicating in Small Groups and Teams (with InfoTrac) (Wadsworth Series in Speech Communication)
J. Dan Rothwell Manufacturer: Wadsworth Publishing ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0534606695 |
Book Description
IN MIXED COMPANY has shown a substantial increase in popularity and acclaim with each successive edition. Consequently, in the Fifth Edition, the author preserved the essence of previous versions, and expanded somewhat the central unifying theme that cooperation in small groups is usually superior to competition. In Mixed Company thoroughly addresses the theme of cooperation in small groups. The communication competence model continues to guide discussions of key small group concepts and processes. Systems theory also remains as a key theoretical component of the text and finally, an extensive discussion and analysis of power in small groups continues to separate IN MIXED COMPANY from other textbooks.Customer Reviews:
In Mixed Company.......2005-09-05
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Communicating in Small Groups: Principles and Practices (8th Edition)
Steven A. Beebe , and John Masterson Manufacturer: Allyn & Bacon ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0205449565 |
Book Description
Now in its seventh edition, this book provides readers with a careful balance of theory, applications, and skills. This new edition includes expanded coverage of teams and teamwork, ethical collaboration, using technology in groups and teams, as well practical tools, techniques and principles to enhance problem-solving and decision-making. Expanded coverage of critical thinking methods that include the latest research findings. The authors have provided enhanced coverage and examples of business applications, ethics, as well as more significant coverage of leadership and meetings. Research and technology, including group and team deliberation and Internet research, give the reader the most current information available for these evolving topics. A text-specific website, http://awlonline.com/beebe supports the text with activities, links, and other aids related to small group communication, as well as an online Study Guide. Anyone interested in small group communication issuesCustomer Reviews:
Communicating in Small Groups: Principles and Practices (7th Edition).......2005-10-06
Excellent book for any type of communication........2000-06-16
A pracatical guide.......2000-06-01
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Communicating in Groups: Applications and Skills
Katherine L. Adams , and Gloria J Galanes Manufacturer: McGraw-Hill Humanities/Social Sciences/Languages ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0073042595 |
Book Description
Communicating in Groups offers a concise, step-by-step introduction to the theory and practice of small group communication, and teaches students to develop and apply critical thinking in group problem solving. With the firm belief that group participation can be an uplifting and energizing experience, authors Kathy Adams and Gloria Galanes give students the tools they will need in order to achieve this outcome. Research and theory are presented with a focus on what is important to students--understanding their group experiences and making them effective communicators.Customer Reviews:
Not Recommended.......2007-08-19
Great Combination of Theory and Practice........2004-11-17
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Difference Matters: Communicating Social Identity
Brenda J. Allen Manufacturer: Waveland Press, Inc. ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 1577663047 |
Book Description
Many types of organizations recognize that they need to consider diverse groups to be competitive and achieve success. Dealing effectively with difference and embracing it as a positive force, rather than something to be shunned or feared, can help organizations achieve their goals. There are no clear-cut prescriptions for addressing issues related to difference, but Allen's innovative, interactive, approach to presenting matters of difference clearly spells out how constructions of social identities have impacted members of dominant and nondominant groups. Allen's exploration of social identity categories and how discourse has affected our perceptions of others, and her focus on organizations to illustrate her points, opens the door to understanding and valuing difference as a positive, enriching feature of society. This text is very user-friendly and includes questions at the end of each chapter to stimulate reflection, critical thinking, recognition, and an awareness of possibilities for change.Customer Reviews:
A must read.......2006-07-25
Saved My Life.......2005-11-22
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Communicating Social Support (Advances in Personal Relationships)
Daena J. Goldsmith Manufacturer: Cambridge University Press ProductGroup: Book Binding: Hardcover Similar Items:
ASIN: 0521825903 |
Book Description
We often turn to our friends, family, spouses, and partners for help in coping with daily stress or major crises. Daena Goldsmith provides a communication-based approach for understanding why some conversations about problems are more helpful than others. In contrast to other research on the social support processes, Goldsmith focuses on interpersonal communication--what people say and how they say it, as well as their reactions to the conversations. Her studies cover adults of all ages and various kinds of stresses, ranging from everyday hassles to serious illnesses and other major crises.
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Communicating Leadership: An Organizational Perspective
Patricia D. Witherspoon Manufacturer: Allyn & Bacon ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0205157971 |
Book Description
Communicating Leadership: An Organizational Perspective looks at the relationship between leadership and communication within organizations. The first of its kind, this new book examines how the ability to lead within an organization depends on the ability to communicate. Framed by both traditional and the most up- to-date research on leadership and organizations, Communicating Leadership shows readers the critical role communication plays in the process of moving people toward shared goals. Includes chapters on contemporary leadership roles that are often overlooked in other leadership books and a discussion of organizational leadership in the future. For professionals in any field who are in a position of leadership.
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Communicating in Groups and Teams: Sharing Leadership (with InfoTrac®)
Gay Lumsden , and Donald Lumsden Manufacturer: Wadsworth Publishing ProductGroup: Book Binding: Paperback Similar Items:
ASIN: 0534515460 |
Book Description
Emphasizing teamwork, leadership and technology, this book distinguishes itself in two major ways: its emphasis on teamwork and leadership skills and its integration of ethics and diversity throughout. This book is especially timely because of the recent attention given to teams in business and industry, the examination of technology's role in small group communication, and the growing awareness that professionals need to examine their own leadership competence and understand the ethical and social implications of the groups in which they participate.
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Communicating Affection: Interpersonal Behavior and Social Context (Advances in Personal Relationships)
Kory Floyd Manufacturer: Cambridge University Press ProductGroup: Book Binding: Hardcover ASIN: 0521832055 |
Book Description
Few behavioral processes are more central to the development and maintenance of intimate relationships than the communication of affection. Indeed, affectionate expressions often initiate and accelerate relational development. By contrast, their absence in established relationships frequently coincides with relational deterioration. This text explores the scientific research on affection exchange to emerge from the disciplines of communication, social psychology, family studies, psychophysiology, anthropology, and nursing. Specific foci include the individual and relational benefits (including health benefits) of affectionate behavior, as well as the significant risks often associated with expressing affection. A new, comprehensive theory of human affection exchange is offered, and its merits relative to existing theories are explored.
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Building interpersonal relationships through talking, listening, communicating
Jeffrey S Bormaster Manufacturer: Pro-Ed ProductGroup: Book Binding: Paperback ASIN: 0936104260 |
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Communicating in Small Groups
ProductGroup: Book Binding: Paperback ASIN: 0205458181 |
Product Description
Publisher: Edition: eighth
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The National Jobbank 2003 (National Jobbank, 2003)
Editors of Adams Media Manufacturer: Adams Media Corporation ProductGroup: Book Binding: Hardcover ASIN: 1580627919 |
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Institutional Fund Investment : Strategies for the Bottom Line
Barclay L. Douglas Manufacturer: Wiley ProductGroup: Book Binding: Hardcover ASIN: 0471479594 |
Book Description
An informative look at the strategies behind institutional investing
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Pension Funds: A Commonsense Guide to a Common Goal
Clay B. Mansfield , and Timothy W. Cunningham Manufacturer: McGraw-Hill Professional Publishing ProductGroup: Book Binding: Hardcover ASIN: 155623810X |
Book Description
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