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Market Structure and Competition Policy applies modern advances in game theory to the analysis of competition policy and develops some of the theoretical and policy concerns associated with the pioneering work of Louis Phlips. Containing contributions by leading scholars from Europe and North America, this book observes a common theme in the relationship between the regulatory regime and market…
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Introduction to the Economics and Mathematics of Financial Markets fills the longstanding need for an accessible yet serious textbook treatment of financial economics. The book provides a rigorous overview of the subject, while its flexible presentation makes it suitable for use with different levels of undergraduate and graduate students. Each chapter presents mathematical models of financial …
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This is an undergraduate textbook on the basic aspects of personal savings and investing with a balanced mix of mathematical rigor and economic intuition. It uses routine financial calculations as the motivation and basis for tools of elementary real analysis rather than taking the latter as given. Proofs using induction, recurrence relations and proofs by contradiction are covered. Inequalitie…
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A comprehensive guide to investment guarantees in equity-linked life insurance. Due to the convergence of financial and insurance markets, new forms of investment guarantees are emerging which require financial service professionals to become savvier in modeling and risk management. With chapters that discuss stock return models, dynamic hedging, risk measures, Markov Chain Monte Carlo estimati…
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The Possessed Individual rubs America against contemporary French thought. What results is a dramatic reinterpretation of French theory as a prophetic analysis of the speed-life of the twenty-first century, and a critical rethinking ofthe politics and culture of the technological dynamo. This book is a hinge between the mirror of seduction that is America today and the philosophical ruptures of…
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The initial idea for this book came to me after a lecture that I gave in 1995 at the University of Newcastle in Australia. The lecture itself dealt with the psychological toxicity of certain patterns of contemporary enculturation, most notably those related to materialism and consumerism. In my usual fashion, I tried to ruffle a few feathers by challenging the audience to question some of the c…
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