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GET /services/catalog/products?format=api&page=76482
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He shows how mathematics was popularized, and explains how mathematical modernism not only gave expression to the work of mathematicians and the professional image they sought to create for themselves, but how modernism also introduced deeper and ultimately unanswerable questions.<br><br>Plato's Ghost evokes Yeats's lament that any claim to worldly perfection inevitably is proven wrong by the philosopher's ghost; Gray demonstrates how modernist mathematicians believed they had advanced further than anyone before them, only to make more profound mistakes. He tells for the first time the story of these ambitious and brilliant mathematicians, including Richard Dedekind, Henri Lebesgue, Henri Poincare, and many others. He describes the lively debates surrounding novel objects, definitions, and proofs in mathematics arising from the use of naive set theory and the revived axiomatic methoddebates that spilled over into contemporary arguments in philosophy and the sciences and drove an upsurge of popular writing on mathematics. And he looks at mathematics after World War I, including the foundational crisis and mathematical Platonism.<br><br>Plato's Ghost is essential reading for mathematicians and historians, and will appeal to anyone interested in the development of modern mathematics.</p>", "author": "Jeremy Gray", "slug": "platos-ghost-177134-9781400829040-jeremy-gray", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400829040.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177134", "product_url": "/app/ecom/book/177134/platos-ghost-177134-9781400829040-jeremy-gray", "bisac_codes": [ "MAT015000", "PBX" ], "items_count": null, "identifiers": { "ISBN13": "9780691242040", "EISBN13": "9781400829040", "EISBN10": "1400829046" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010030543486" } } } }, { "type": "Product", "id": "00010000177133", "attributes": { "name": "A Modern Legal Ethics", "subtitle": "Adversary Advocacy in a Democratic Age", "description": "<p>A Modern Legal Ethics proposes a wholesale renovation of legal ethics, one that contributes to ethical thought generally.<br><br><br> Daniel Markovits reinterprets the positive law governing lawyers to identify fidelity as its organizing ideal. Unlike ordinary loyalty, fidelity requires lawyers to repress their personal judgments concerning the truth and justice of their clients' claims. Next, the book asks what it is like--not psychologically but ethically--to practice law subject to the self-effacement that fidelity demands. Fidelity requires lawyers to lie and to cheat on behalf of their clients. However, an ethically profound interest in integrity gives lawyers reason to resist this characterization of their conduct. Any legal ethics adequate to the complexity of lawyers' lived experience must address the moral dilemmas immanent in this tension. The dominant approaches to legal ethics cannot. Finally, A Modern Legal Ethics reintegrates legal ethics into political philosophy in a fashion commensurate to lawyers' central place in political practice. Lawyerly fidelity supports the authority of adjudication and thus the broader project of political legitimacy.<br><br><br> Throughout, the book rejects the casuistry that dominates contemporary applied ethics in favor of an interpretive method that may be mimicked in other areas. Moreover, because lawyers practice at the hinge of modern morals and politics, the book's interpretive insights identify--in an unusually pure and intense form--the moral and political conditions of all modernity.</p>", "author": "Daniel Markovits", "slug": "a-modern-legal-ethics-177133-9781400828982-daniel-markovits", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400828982.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177133", "product_url": "/app/ecom/book/177133/a-modern-legal-ethics-177133-9781400828982-daniel-markovits", "bisac_codes": [ "PHI005000", "QDTQ" ], "items_count": null, "identifiers": { "ISBN13": "9780691121628", "EISBN13": "9781400828982", "EISBN10": "1400828988" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010030545031" } } } }, { "type": "Product", "id": "00010000177131", "attributes": { "name": "On the Side of the Angels", "subtitle": "An Appreciation of Parties and Partisanship", "description": "Political parties are the defining institutions of representative democracy and the darlings of political science. Their governing and electoral functions are among the chief concerns of the field. Yet most political theorists--including democratic theorists--ignore or disparage parties as grubby arenas of ambition, obstacles to meaningful political participation and deliberation. On the Side of the Angels is a vigorous defense of the virtues of parties and partisanship, and their worth as a subject for political theory. Nancy Rosenblum's account moves between political theory and political science, and she uses resources from both fields to outline an appreciation of parties and the moral distinctiveness of partisanship. She draws from the history of political thought and identifies the main lines of opposition to parties, as well as the rare but significant moments of appreciation. Rosenblum then sets forth her own theoretical appreciation of parties and partisanship. She discusses the achievement of parties in regulating rivalries, channeling political energies, and creating the lines of division that make pluralist politics meaningful. She defends \"partisan\" as a political identity over the much-vaunted status of \"independent,\" and she considers where contemporary democracies should draw the line in banning parties. On the Side of the Angels offers an ethics of partisanship that speaks to questions of centrism, extremism, and polarization in American party politics. By rescuing parties from their status as orphans of political philosophy, Rosenblum fills a significant void in political and democratic theory.", "author": "Nancy L. Rosenblum", "slug": "on-the-side-of-the-angels-177131-9781400828975-nancy-l-rosenblum", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400828975.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177131", "product_url": "/app/ecom/book/177131/on-the-side-of-the-angels-177131-9781400828975-nancy-l-rosenblum", "bisac_codes": [ "POL015000", "POL010000" ], "items_count": null, "identifiers": { "ISBN13": "9780691148144", "ISBN10": "140082897X", "EISBN13": "9781400828975", "EISBN10": "140082897X" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010023606427" } } } }, { "type": "Product", "id": "00010000177128", "attributes": { "name": "Philosophy and Real Politics", "subtitle": "", "description": "<p>Many contemporary political thinkers are gripped by the belief that their task is to develop an ideal theory of rights or justice for guiding and judging political actions. But in Philosophy and Real Politics, Raymond Geuss argues that philosophers should first try to understand why real political actors behave as they actually do. Far from being applied ethics, politics is a skill that allows people to survive and pursue their goals. To understand politics is to understand the powers, motives, and concepts that people have and that shape how they deal with the problems they face in their particular historical situations.<br><br><br><br> Philosophy and Real Politics both outlines a historically oriented, realistic political philosophy and criticizes liberal political philosophies based on abstract conceptions of rights and justice. The book is a trenchant critique of established ways of thought and a provocative call for change.</p>", "author": "Raymond Geuss", "slug": "philosophy-and-real-politics-177128-9781400835515-raymond-geuss", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400835515.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177128", "product_url": "/app/ecom/book/177128/philosophy-and-real-politics-177128-9781400835515-raymond-geuss", "bisac_codes": [ "PHI019000", "QDTS" ], "items_count": null, "identifiers": { "ISBN13": "9780691137889", "EISBN13": "9781400835515", "EISBN10": "1400835518" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010033832003" } } } }, { "type": "Product", "id": "00010000177126", "attributes": { "name": "Thinking of Others", "subtitle": "On the Talent for Metaphor", "description": "<p>In Thinking of Others, Ted Cohen argues that the ability to imagine oneself as another person is an indispensable human capacity--as essential to moral awareness as it is to literary appreciation--and that this talent for identification is the same as the talent for metaphor. To be able to see oneself as someone else, whether the someone else is a real person or a fictional character, is to exercise the ability to deal with metaphor and other figurative language. The underlying faculty, Cohen argues, is the same--simply the ability to think of one thing as another when it plainly is not.<br><br><br> In an engaging style, Cohen explores this idea by examining various occasions for identifying with others, including reading fiction, enjoying sports, making moral arguments, estimating one's future self, and imagining how one appears to others. Using many literary examples, Cohen argues that we can engage with fictional characters just as intensely as we do with real people, and he looks at some of the ways literature itself takes up the question of interpersonal identification and understanding.<br><br><br> An original meditation on the necessity of imagination to moral and aesthetic life, Thinking of Others is an important contribution to philosophy and literary theory.</p>", "author": "Ted Cohen", "slug": "thinking-of-others-177126-9781400828951-ted-cohen", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400828951.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177126", "product_url": "/app/ecom/book/177126/thinking-of-others-177126-9781400828951-ted-cohen", "bisac_codes": [ "PHI005000", "QDTQ" ], "items_count": null, "identifiers": { "ISBN13": "9780691154466", "EISBN13": "9781400828951", "EISBN10": "1400828953" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010030538721" } } } }, { "type": "Product", "id": "00010000177125", "attributes": { "name": "From Protagoras to Aristotle", "subtitle": "Essays in Ancient Moral Philosophy", "description": "<p>This is a collection of the late Heda Segvic's papers in ancient moral philosophy. At the time of her death at age forty-five in 2003, Segvic had already established herself as an important figure in ancient philosophy, making bold new arguments about the nature of Socratic intellectualism and the intellectual influences that shaped Aristotle's ideas. Segvic had been working for some time on a monograph on practical knowledge that would interpret Aristotle's ethical theory as a response to Protagoras. The essays collected here are those on which her reputation rests, including some that were intended to form the backbone of her projected monograph. The papers range from a literary study of Homer's influence on Plato's Protagoras to analytic studies of Aristotle's metaphysics and his ideas about deliberation. Most of the papers reflect directly or indirectly Segvic's idea that both Socrates' and Aristotle's universalism and objectivism in ethics could be traced back to their opposition to Protagorean relativism. The book represents the considerable achievements of one of the most talented scholars of ancient philosophy of her generation.</p>", "author": "Heda Segvic, Charles Brittain, Myles Burnyeat", "slug": "from-protagoras-to-aristotle-177125-9781400835553-heda-segvic", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400835553.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177125", "product_url": "/app/ecom/book/177125/from-protagoras-to-aristotle-177125-9781400835553-heda-segvic", "bisac_codes": [ "PHI002000", "QDHA" ], "items_count": null, "identifiers": { "ISBN13": "9780691131238", "EISBN13": "9781400835553", "EISBN10": "1400835550" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010030539971" } } } }, { "type": "Product", "id": "00010000177123", "attributes": { "name": "Dostoevsky's Democracy", "subtitle": "", "description": "<p>Dostoevsky's Democracy offers a major reinterpretation of the life and work of the great Russian writer by closely reexamining the crucial transitional period between the early works of the 1840s and the important novels of the 1860s. Sentenced to death in 1849 for utopian socialist political activity, the 28-year-old Dostoevsky was subjected to a mock execution and then exiled to Siberia for a decade, including four years in a forced labor camp, where he experienced a crisis of belief. It has been influentially argued that the result of this crisis was a conversion to Russian Orthodoxy and reactionary politics. But Dostoevsky's Democracy challenges this view through a close investigation of Dostoevsky's Siberian decade and its most important work, the autobiographical novel Notes from the House of the Dead (1861). Nancy Ruttenburg argues that Dostoevsky's crisis was set off by his encounter with common Russians in the labor camp, an experience that led to an intense artistic meditation on what he would call Russian \"democratism.\" By tracing the effects of this crisis, Dostoevsky's Democracy presents a new understanding of Dostoevsky's aesthetic and political development and his role in shaping Russian modernity itself, especially in relation to the preeminent political event of his time, peasant emancipation.</p>", "author": "Nancy Ruttenburg", "slug": "dostoevskys-democracy-177123-9781400828920-nancy-ruttenburg", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400828920.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177123", "product_url": "/app/ecom/book/177123/dostoevskys-democracy-177123-9781400828920-nancy-ruttenburg", "bisac_codes": [ "LIT004240", "DS" ], "items_count": null, "identifiers": { "ISBN13": "9780691136141", "EISBN13": "9781400828920", "EISBN10": "1400828929" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010030535866" } } } }, { "type": "Product", "id": "00010000177121", "attributes": { "name": "A Pinnacle of Feeling: American Literature and Presidential Government", "subtitle": "American Literature and Presidential Government", "description": "There is no more powerful symbol in American political life than the presidency, and the image of presidential power has had no less profound an impact on American fiction. A Pinnacle of Feeling is the first book to examine twentieth-century literature's deep fascination with the modern presidency and with the ideas about the relationship between state power and democracy that underwrote the rise of presidential authority. Sean McCann challenges prevailing critical interpretations through revelatory new readings of major writers, including Richard Wright, Gertrude Stein, Henry Roth, Zora Neale Hurston, Saul Bellow, Ralph Ellison, Norman Mailer, Don Delillo, and Philip Roth. He argues that these writers not only represented or satirized presidents, but echoed political thinkers who cast the chief executive as the agent of the sovereign will of the American people. They viewed the president as ideally a national redeemer, and they took that ideal as a model and rival for their own work. A Pinnacle of Feeling illuminates the fundamental concern with democratic sovereignty that informs the most innovative literary works of the twentieth century, and shows how these works helped redefine and elevate the role of executive power in American culture.", "author": "Sean McCann", "slug": "a-pinnacle-of-feeling-american-literature-and-presidential-government-177121-9781400828906-sean-mccann", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400828906.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177121", "product_url": "/app/ecom/book/177121/a-pinnacle-of-feeling-american-literature-and-presidential-government-177121-9781400828906-sean-mccann", "bisac_codes": [ "LIT004020", "HIS036060" ], "items_count": null, "identifiers": { "ISBN13": "9780691136950", "ISBN10": "1400828902", "EISBN13": "9781400828906", "EISBN10": "1400828902" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010023606425" } } } }, { "type": "Product", "id": "00010000177119", "attributes": { "name": "Moral Gray Zones", "subtitle": "Side Productions, Identity, and Regulation in an Aeronautic Plant", "description": "<p>Anyone who has been employed by an organization knows not every official workplace regulation must be followed. When management consistently overlooks such breaches, spaces emerge in which both workers and supervisors engage in officially prohibited, yet tolerated practices--gray zones. When discovered, these transgressions often provoke disapproval; when company materials are diverted in the process, these breaches are quickly labeled theft. Yet, why do gray zones persist and why are they unlikely to disappear? In Moral Gray Zones, Michel Anteby shows how these spaces function as regulating mechanisms within workplaces, fashioning workers' identity and self-esteem while allowing management to maintain control.<br><br><br>The book provides a unique window into gray zones through its in-depth look at the manufacture and exchange of illegal goods called homers, tolerated in a French aeronautic plant. Homers such as toys for kids, cutlery for the kitchen, or lamps for homes, are made on company time with company materials for a worker's own purpose and use. Anteby relies on observations at retirees' homes, archival data, interviews, and surveys to understand how plant workers and managers make sense of this tacit practice. He argues that when patrolled, gray zones like the production of homers offer workplaces balanced opportunities for supervision as well as expression. Cautioning against the hasty judgment that gray zone practices are simply wrong, Moral Gray Zones contributes to a deeper understanding of the culture, group dynamics, and deviance found in organizations.</p>", "author": "Michel Anteby", "slug": "moral-gray-zones-177119-9781400828883-michel-anteby", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400828883.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177119", "product_url": "/app/ecom/book/177119/moral-gray-zones-177119-9781400828883-michel-anteby", "bisac_codes": [ "SOC026000", "JHB" ], "items_count": null, "identifiers": { "ISBN13": "9780691135243", "EISBN13": "9781400828883", "EISBN10": "1400828880" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010030541488" } } } }, { "type": "Product", "id": "00010000177116", "attributes": { "name": "Reforms at Risk", "subtitle": "What Happens After Major Policy Changes Are Enacted", "description": "<p>Reforms at Risk is the first book to closely examine what happens to sweeping and seemingly successful policy reforms after they are passed. Most books focus on the politics of reform adoption, yet as Eric Patashnik shows here, the political struggle does not end when major reforms become enacted. Why do certain highly praised policy reforms endure while others are quietly reversed or eroded away?<br><br><br> Patashnik peers into some of the most critical arenas of domestic-policy reform--including taxes, agricultural subsidies, airline deregulation, emissions trading, welfare state reform, and reform of government procurement--to identify the factors that enable reform measures to survive. He argues that the reforms that stick destroy an existing policy subsystem and reconfigure the political dynamic. Patashnik demonstrates that sustainable reforms create positive policy feedbacks, transform institutions, and often unleash the ''creative destructiveness'' of market forces.<br><br><br><br> Reforms at Risk debunks the argument that reforms inevitably fail because Congress is prey to special interests, and the book provides a more realistic portrait of the possibilities and limits of positive change in American government. It is essential reading for scholars and practitioners of U.S. politics and public policy, offering practical lessons for anyone who wants to ensure that hard-fought reform victories survive.</p>", "author": "Eric M. Patashnik", "slug": "reforms-at-risk-177116-9781400828852-eric-m-patashnik", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400828852.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177116", "product_url": "/app/ecom/book/177116/reforms-at-risk-177116-9781400828852-eric-m-patashnik", "bisac_codes": [ "POL028000", "JPQB" ], "items_count": null, "identifiers": { "ISBN13": "9780691119984", "EISBN13": "9781400828852", "EISBN10": "1400828856" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010030541577" } } } }, { "type": "Product", "id": "00010000177114", "attributes": { "name": "From Economic Crisis to Reform", "subtitle": "IMF Programs in Latin America and Eastern Europe", "description": "<p>The wave of neoliberal economic reforms in the developing world since the 1980s has been regarded as the result of both severe economic crises and policy pressures from global financial institutions such as the International Monetary Fund (IMF). Using comparative evidence from the initiation and implementation of IMF programs in Latin America and Eastern Europe, From Economic Crisis to Reform shows that economic crises do not necessarily persuade governments to adopt IMF-style economic policies. Instead, ideology, interests, and institutions, at both the international and domestic levels, mediate responses to such crises.<br><br><br> Grigore Pop-Eleches explains that the IMF's response to economic crises reflects the changing priorities of large IMF member countries. He argues that the IMF gives greater attention and favorable treatment to economic crises when they occur in economically or politically important countries. The book also shows how during the neoliberal consensus of the 1990s, economic crises triggered IMF-style reforms from governments across the ideological spectrum and how these reforms were broadly compatible with democratic politics. By contrast, during the Latin American debt crisis, the contentious politics of IMF programs reflected the ideological rivalries of the Cold War. Economic crises triggered ideologically divergent domestic policy responses and democracy was often at odds with economic adjustment. The author demonstrates that an economic crisis triggers neoliberal economic reforms only when the government and the IMF agree about the roots and severity of the crisis.</p>", "author": "Grigore Pop-Eleches", "slug": "from-economic-crisis-to-reform-177114-9781400835546-grigore-pop-eleches", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400835546.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177114", "product_url": "/app/ecom/book/177114/from-economic-crisis-to-reform-177114-9781400835546-grigore-pop-eleches", "bisac_codes": [ "BUS069020", "KCL" ], "items_count": null, "identifiers": { "ISBN13": "9780691135038", "EISBN13": "9781400835546", "EISBN10": "1400835542" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010030540535" } } } }, { "type": "Product", "id": "00010000177110", "attributes": { "name": "Anticipating Correlations", "subtitle": "A New Paradigm for Risk Management", "description": "<p>Financial markets respond to information virtually instantaneously. Each new piece of information influences the prices of assets and their correlations with each other, and as the system rapidly changes, so too do correlation forecasts. This fast-evolving environment presents econometricians with the challenge of forecasting dynamic correlations, which are essential inputs to risk measurement, portfolio allocation, derivative pricing, and many other critical financial activities. In Anticipating Correlations, Nobel Prize-winning economist Robert Engle introduces an important new method for estimating correlations for large systems of assets: Dynamic Conditional Correlation (DCC).<br><br><br> Engle demonstrates the role of correlations in financial decision making, and addresses the economic underpinnings and theoretical properties of correlations and their relation to other measures of dependence. He compares DCC with other correlation estimators such as historical correlation, exponential smoothing, and multivariate GARCH, and he presents a range of important applications of DCC. Engle presents the asymmetric model and illustrates it using a multicountry equity and bond return model. He introduces the new FACTOR DCC model that blends factor models with the DCC to produce a model with the best features of both, and illustrates it using an array of U.S. large-cap equities. Engle shows how overinvestment in collateralized debt obligations, or CDOs, lies at the heart of the subprime mortgage crisis--and how the correlation models in this book could have foreseen the risks. A technical chapter of econometric results also is included.<br><br><br> Based on the Econometric and Tinbergen Institutes Lectures, Anticipating Correlations puts powerful new forecasting tools into the hands of researchers, financial analysts, risk managers, derivative quants, and graduate students.</p>", "author": "Robert Engle", "slug": "anticipating-correlations-177110-9781400830190-robert-engle", "thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/9781400830190.jpg", "default_thumbnail_image": "//redshelf-images.s3-external-1.amazonaws.com/thumbnail/default_book_thumbnail.jpg", "product_type": "book", "product_id": "177110", "product_url": "/app/ecom/book/177110/anticipating-correlations-177110-9781400830190-robert-engle", "bisac_codes": [ "BUS021000", "KCH" ], "items_count": null, "identifiers": { "ISBN13": "9780691116419", "EISBN13": "9781400830190", "EISBN10": "1400830192" }, "drm": null, "cover_image": null, "default_cover_image": null, "book_type": null }, "relationships": { "lowest_offering": { "data": { "type": "offerings", "id": "00010030539907" } } } }, { "type": "Product", "id": "00010000177109", "attributes": { "name": "The Economics of Inaction", "subtitle": "Stochastic Control Models with Fixed Costs", "description": "<p>In economic situations where action entails a fixed cost, inaction is the norm. Action is taken infrequently, and adjustments are large when they occur. Interest in economic models that exhibit ''lumpy'' behavior of this kind has exploded in recent years, spurred by growing evidence that it is typical in many important economic decisions, including price setting, investment, hiring, durable goods purchases, and portfolio management.<br><br><br> In The Economics of Inaction, leading economist Nancy Stokey shows how the tools of stochastic control can be applied to dynamic problems of decision making under uncertainty when fixed costs are present. Stokey provides a self-contained, rigorous, and clear treatment of two types of models, impulse and instantaneous control. She presents the relevant results about Brownian motion and other diffusion processes, develops methods for analyzing each type of problem, and discusses applications to price setting, investment, and durable goods purchases.<br><br><br> This authoritative book will be essential reading for graduate students and researchers in macroeconomics.</p>", "author": "Nancy L. 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Daron Acemoglu gives graduate students not only the tools to analyze growth and related macroeconomic problems, but also the broad perspective needed to apply those tools to the big-picture questions of growth and divergence. And he introduces the economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous but easy to follow manner.<br><br>After covering the necessary background on dynamic general equilibrium and dynamic optimization, the book presents the basic workhorse models of growth and takes students to the frontier areas of growth theory, including models of human capital, endogenous technological change, technology transfer, international trade, economic development, and political economy. 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