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An exploration of developments in mathematical finance, containing the proceedings of a conference on the subject. The papers address the pricing of various contingent claims within different frameworks, risk-sensitive problems, optimal investment, defaultable term structure, and more.

Business mathematics. --- Business mathematics --- Accounting --- Commerce --- Business & Economics --- Arithmetic, Commercial --- Business --- Business arithmetic --- Business math --- Commercial arithmetic --- Finance --- Mathematics

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Economic development --- Economies of scale --- Industrial productivity --- 330.35 --- Productivity, Industrial --- TFP (Total factor productivity) --- Total factor productivity --- Industrial efficiency --- Production (Economic theory) --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Economies of size --- Increasing returns --- Scale, Economies of --- Size, Economies of --- Big business --- Costs, Industrial --- Diminishing returns --- 330.35 Economische groei. Kwantitatieve toename. Technische vooruitgang --zie ook {338.09} --- Economische groei. Kwantitatieve toename. Technische vooruitgang --zie ook {338.09} --- Microeconomics

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Inspired by F.A. Hayek's Individualism and Economic Order, this book, edited by Yong Yoon, stands in contrast to the themes of that work by emphasizing that collective action operates differently from the way the market works. The chapters comprise papers written by James M. Buchanan, both with and without Yoon's co-authorship, after the publication of his Collected Works. In this book, the authors analyze political disorder that is caused by individualism and self-interest in democracy, focusing specifically on the American political commons. Buchanan and Yoon expertly examine a variety of topics within this theme: the public choice approach to political disorder, rigorous economic models, the dysfunction of American fiscal institutions, the psychological aspects of political rules, and Fukuyama's vetocracy as a case of anti-commons. Readers will gain many new insights from Individualism and Political Disorder, and it will prove invaluable for academics and students in an array of areas, such as economics, politics, public policy and public administration, social psychology, and law and economics.

Individualism. --- Demonstrations.