1. Basic microeconomics is about the allocation of wealth or expenditure among different physical goods. This gives us relative prices. 2. Basic finance is about the allocation of expenditure across two or more time periods. This gives us the term s
ABSTRACT Commission study reported in 2000 that sixty-seven per- cent of consumers were “very concerned” about the privacy Dichotomies between privacy attitudes and behavior have of the personal information provided on-line [11]. More re- been noted
HOW PEOPLE #1: People Face Tradeoffs MAKE DECISIONS #2: The Cost of Something Is What You Give Up to Get It #3: Rational People Think at the Margin #4: People Respond to Incentives HOW PEOPLE INTERACT #5: Trade Can Make Everyone Better Off #6: Marke
This book aims at introducing Ph.D. students and professional economists to the theory of contracts. It originated in graduate-level courses I gave at Stanford University and at ENSAE (Ecole National de la Statistique et de VAdministration Economiqu
Computing is undergoing a seismic shift from client/server to the cloud, a shift similar in importance and impact to the transition from mainframe to client/server. Speculation abounds on how this new era will evolve in the coming years, and IT lead
