Andreas Herberg-Rothe
- Published in print:
- 2007
- Published Online:
- May 2007
- ISBN:
- 9780199202690
- eISBN:
- 9780191707834
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199202690.001.0001
- Subject:
- Political Science, International Relations and Politics
This book argues that Clausewitz developed a wide-ranging political theory of war by reflecting not only on the success, but also on the limitations and the failure of Napoleon's method of waging ...
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This book argues that Clausewitz developed a wide-ranging political theory of war by reflecting not only on the success, but also on the limitations and the failure of Napoleon's method of waging war. Successes, failures, and defeats of Napoleon forced Clausewitz to reflect on questions that went beyond purely military matters and led him to develop a political theory of war. Analyses of three paradigmatic campaigns — which are symbolized by Jena, Moscow, and Waterloo — are placed at the center of understanding surrounding Clausewitz's On War and it's inherent problems, like the relation of absolute and real war, theory and practice, the primacy of politics, the enigma of the first chapter, and the dialectics of attack and defense. Clausewitz's analysis of these war campaigns are the cornerstones of On War and redounded to the ‘wondrous trinity’, which is the basis for a general theory of war and which is quite different from the so-called trinitarian war.Less
This book argues that Clausewitz developed a wide-ranging political theory of war by reflecting not only on the success, but also on the limitations and the failure of Napoleon's method of waging war. Successes, failures, and defeats of Napoleon forced Clausewitz to reflect on questions that went beyond purely military matters and led him to develop a political theory of war. Analyses of three paradigmatic campaigns — which are symbolized by Jena, Moscow, and Waterloo — are placed at the center of understanding surrounding Clausewitz's On War and it's inherent problems, like the relation of absolute and real war, theory and practice, the primacy of politics, the enigma of the first chapter, and the dialectics of attack and defense. Clausewitz's analysis of these war campaigns are the cornerstones of On War and redounded to the ‘wondrous trinity’, which is the basis for a general theory of war and which is quite different from the so-called trinitarian war.
Jerome L. Stein
- Published in print:
- 2006
- Published Online:
- May 2006
- ISBN:
- 9780199280575
- eISBN:
- 9780191603501
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199280576.001.0001
- Subject:
- Economics and Finance, Financial Economics
This book focuses on the interaction between equilibrium real exchange rates, optimal external debt, endogenous optimal growth, and current account balances in a world of uncertainty. The theoretical ...
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This book focuses on the interaction between equilibrium real exchange rates, optimal external debt, endogenous optimal growth, and current account balances in a world of uncertainty. The theoretical parts result from interdisciplinary research between economics and state of the art applied mathematics. From the economic theory and the mathematics of stochastic optimal control, benchmarks are derived for the optimal debt and equilibrium real exchange rate in an environment where both the return on capital and the real rate of interest are stochastic variables. The theoretically derived equilibrium real exchange rate — the natural real exchange rate (NATREX) — is where the real exchange rate is heading. These benchmarks are applied to answer the following questions: What is a theoretically based empirical measure of a “misaligned” exchange rate that increases the probability of a significant depreciation or a currency crisis? What is a theoretically based empirical measure of an “excess” debt that increases the probability of a debt crisis? What is the interaction between an excess debt and a misaligned exchange rate? The theory is applied to evaluate the Euro exchange rate, the exchange rates of the transition economies of Eastern Europe, the sustainability of U.S. current account deficits, and derives warning signals of the Asian crises, defaults, and debt crises in emerging markets.Less
This book focuses on the interaction between equilibrium real exchange rates, optimal external debt, endogenous optimal growth, and current account balances in a world of uncertainty. The theoretical parts result from interdisciplinary research between economics and state of the art applied mathematics. From the economic theory and the mathematics of stochastic optimal control, benchmarks are derived for the optimal debt and equilibrium real exchange rate in an environment where both the return on capital and the real rate of interest are stochastic variables. The theoretically derived equilibrium real exchange rate — the natural real exchange rate (NATREX) — is where the real exchange rate is heading. These benchmarks are applied to answer the following questions: What is a theoretically based empirical measure of a “misaligned” exchange rate that increases the probability of a significant depreciation or a currency crisis? What is a theoretically based empirical measure of an “excess” debt that increases the probability of a debt crisis? What is the interaction between an excess debt and a misaligned exchange rate? The theory is applied to evaluate the Euro exchange rate, the exchange rates of the transition economies of Eastern Europe, the sustainability of U.S. current account deficits, and derives warning signals of the Asian crises, defaults, and debt crises in emerging markets.
Jerome L. Stein and Polly Reynolds Allen
- Published in print:
- 1998
- Published Online:
- November 2003
- ISBN:
- 9780198293064
- eISBN:
- 9780191596940
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0198293062.001.0001
- Subject:
- Economics and Finance, Macro- and Monetary Economics, International
The NATREX approach offers an alternative paradigm to the Purchasing Power Parity for equilibrium real exchange rates. NATREX is the acronym for NATural Real EXchange, referring to a medium‐run, ...
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The NATREX approach offers an alternative paradigm to the Purchasing Power Parity for equilibrium real exchange rates. NATREX is the acronym for NATural Real EXchange, referring to a medium‐run, inter‐cyclical equilibrium real exchange rate, determined by real, fundamental factors. Importantly, the NATREX is a moving equilibrium real exchange rate, responding to continual changes in exogenous and endogenous real fundamentals. In a world of high capital mobility, the fundamentals of thrift, productivity, capital intensity, and net debt to foreigners become particularly important, influencing desired long‐term capital flows and altering the equilibrium real exchange rate. The NATREX approach identifies and models the fundamental determinants of equilibrium real exchange rates, consistent with their recent empirical movements in various countries.The NATREX model is a dynamic stock‐flow growth model. The goal of the NATREX approach is primarily empirical – to explain movements of medium‐ to long‐run real exchange rates in terms of the fundamental real variables of thrift and productivity, assuming that real exchange rates do adjust toward their equilibrium level, although with a lag. A family of consistent general equilibrium models – of rational, optimizing behavior, determining medium‐run equilibrium real exchange rates – forms the core of the NATREX approach. These models provide logical economic justifications for the empirical results.Less
The NATREX approach offers an alternative paradigm to the Purchasing Power Parity for equilibrium real exchange rates. NATREX is the acronym for NATural Real EXchange, referring to a medium‐run, inter‐cyclical equilibrium real exchange rate, determined by real, fundamental factors. Importantly, the NATREX is a moving equilibrium real exchange rate, responding to continual changes in exogenous and endogenous real fundamentals. In a world of high capital mobility, the fundamentals of thrift, productivity, capital intensity, and net debt to foreigners become particularly important, influencing desired long‐term capital flows and altering the equilibrium real exchange rate. The NATREX approach identifies and models the fundamental determinants of equilibrium real exchange rates, consistent with their recent empirical movements in various countries.
The NATREX model is a dynamic stock‐flow growth model. The goal of the NATREX approach is primarily empirical – to explain movements of medium‐ to long‐run real exchange rates in terms of the fundamental real variables of thrift and productivity, assuming that real exchange rates do adjust toward their equilibrium level, although with a lag. A family of consistent general equilibrium models – of rational, optimizing behavior, determining medium‐run equilibrium real exchange rates – forms the core of the NATREX approach. These models provide logical economic justifications for the empirical results.
Jeffrey C. Alexander
- Published in print:
- 2006
- Published Online:
- May 2012
- ISBN:
- 9780195162509
- eISBN:
- 9780199943364
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195162509.001.0001
- Subject:
- Sociology, Culture
How do real individuals live together in real societies in the real world? What binds societies together and how can these social orders be structured in a fair way? This book addresses this central ...
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How do real individuals live together in real societies in the real world? What binds societies together and how can these social orders be structured in a fair way? This book addresses this central paradox of modern life. Feelings for others—the solidarity that is ignored or underplayed by theories of power or self-interest—are at the heart of this novel inquiry into the meeting place between normative theories of what we think we should do and empirical studies of who we actually are. The book demonstrates that solidarity creates inclusive and exclusive social structures, and shows how they can be repaired. It is not perfect, it is not absolute, and the horrors which occur in its lapses have been seen all too frequently in the forms of discrimination, genocide, and war. Despite its worldly flaws and contradictions, however, solidarity and the project of civil society remain our best hope—the antidote to every divisive institution, every unfair distribution, and every abusive and dominating hierarchy. A grand and sweeping statement, the book is a major contribution to our thinking about the real but ideal world in which we all reside.Less
How do real individuals live together in real societies in the real world? What binds societies together and how can these social orders be structured in a fair way? This book addresses this central paradox of modern life. Feelings for others—the solidarity that is ignored or underplayed by theories of power or self-interest—are at the heart of this novel inquiry into the meeting place between normative theories of what we think we should do and empirical studies of who we actually are. The book demonstrates that solidarity creates inclusive and exclusive social structures, and shows how they can be repaired. It is not perfect, it is not absolute, and the horrors which occur in its lapses have been seen all too frequently in the forms of discrimination, genocide, and war. Despite its worldly flaws and contradictions, however, solidarity and the project of civil society remain our best hope—the antidote to every divisive institution, every unfair distribution, and every abusive and dominating hierarchy. A grand and sweeping statement, the book is a major contribution to our thinking about the real but ideal world in which we all reside.
Jonathan Wolff and Avner De-Shalit
- Published in print:
- 2007
- Published Online:
- May 2007
- ISBN:
- 9780199278268
- eISBN:
- 9780191707902
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199278268.003.0012
- Subject:
- Political Science, Political Theory
This concluding chapter shows how this project brings together theory and practice, and draws out some ways in which the book contributes to the understanding of equality. These include redefining ...
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This concluding chapter shows how this project brings together theory and practice, and draws out some ways in which the book contributes to the understanding of equality. These include redefining advantage and disadvantage; tracking the least advantages; relevance to real life; including the voices of disadvantaged people; and justification for focusing on the least advantaged.Less
This concluding chapter shows how this project brings together theory and practice, and draws out some ways in which the book contributes to the understanding of equality. These include redefining advantage and disadvantage; tracking the least advantages; relevance to real life; including the voices of disadvantaged people; and justification for focusing on the least advantaged.
Annette Miae Kim
- Published in print:
- 2008
- Published Online:
- January 2009
- ISBN:
- 9780195369397
- eISBN:
- 9780199871032
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195369397.001.0001
- Subject:
- Economics and Finance, Financial Economics
Why have some countries been able to escape the usual dead end of international development efforts and build explosively growing capitalist economies? Based on years of fieldwork, this book provides ...
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Why have some countries been able to escape the usual dead end of international development efforts and build explosively growing capitalist economies? Based on years of fieldwork, this book provides an account of the first generation of entrepreneurs in Vietnam in comparison to those in other transition countries. Focusing on the emergence of private land development firms in Ho Chi Minh City, this book shows how within seven years the private sector produced the majority of all new houses in the real estate market. This book demonstrates that capitalist entrepreneurialism was not the result of state initiative, properly incentivized policies, or individual personality traits. Rather, a society-wide reconstruction of cognitive paradigms enabled entrepreneurs to emerge and transform Vietnam from a poor, centrally planned economy into one of the fastest growing, market economies in the world.Less
Why have some countries been able to escape the usual dead end of international development efforts and build explosively growing capitalist economies? Based on years of fieldwork, this book provides an account of the first generation of entrepreneurs in Vietnam in comparison to those in other transition countries. Focusing on the emergence of private land development firms in Ho Chi Minh City, this book shows how within seven years the private sector produced the majority of all new houses in the real estate market. This book demonstrates that capitalist entrepreneurialism was not the result of state initiative, properly incentivized policies, or individual personality traits. Rather, a society-wide reconstruction of cognitive paradigms enabled entrepreneurs to emerge and transform Vietnam from a poor, centrally planned economy into one of the fastest growing, market economies in the world.
Lina M. Kattan
- Published in print:
- 2020
- Published Online:
- May 2021
- ISBN:
- 9780197266748
- eISBN:
- 9780191938146
- Item type:
- chapter
- Publisher:
- British Academy
- DOI:
- 10.5871/bacad/9780197266748.003.0005
- Subject:
- Art, Art History
Saudi women artists challenge cultural boundaries to document change in the notions of identity and agency. These artists employ many experimental techniques through unconventional themes while ...
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Saudi women artists challenge cultural boundaries to document change in the notions of identity and agency. These artists employ many experimental techniques through unconventional themes while balancing cultural traditions, Saudi heritage, and Islamic identity. This chapter seeks to identify in what ways artists disrupt the commonly–known prohibition regarding figuration as relegated to the art of painting vis–á–vis photography, particularly in figurative depictions. It suggests two types of reality: the spiritual Real that is connected to painting, and the technological real, which is comparable to reality without a soul. It thus demonstrates how the interrelated concepts of art, reality, and the Real can impact values attached to representations of women in Saudi art. The chapter draws upon the frameworks of feminism, postcolonialism, Post–Panofskian iconography, and deconstruction.Less
Saudi women artists challenge cultural boundaries to document change in the notions of identity and agency. These artists employ many experimental techniques through unconventional themes while balancing cultural traditions, Saudi heritage, and Islamic identity. This chapter seeks to identify in what ways artists disrupt the commonly–known prohibition regarding figuration as relegated to the art of painting vis–á–vis photography, particularly in figurative depictions. It suggests two types of reality: the spiritual Real that is connected to painting, and the technological real, which is comparable to reality without a soul. It thus demonstrates how the interrelated concepts of art, reality, and the Real can impact values attached to representations of women in Saudi art. The chapter draws upon the frameworks of feminism, postcolonialism, Post–Panofskian iconography, and deconstruction.
Paul Corner
- Published in print:
- 2012
- Published Online:
- September 2012
- ISBN:
- 9780198730699
- eISBN:
- 9780191741753
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198730699.001.0001
- Subject:
- History, European Modern History
The enigma of how ordinary people related to would-be totalitarian regimes is still far from being resolved. The tension between repression and consensus renders analysis difficult; where one ends ...
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The enigma of how ordinary people related to would-be totalitarian regimes is still far from being resolved. The tension between repression and consensus renders analysis difficult; where one ends and the other begins is never easy to determine. In the case of fascist Italy, recent scholarship has tended to tilt the balance in favour of popular consensus for the regime, identifying in the ideological and cultural aspects of Mussolini's rule a ‘political religion’ which bound the population to the fascist leader. This book presents a different picture. While in no way underestimating the force of ideological factors, the book argues that ‘real existing Fascism’, as lived by a large part of the population, was in fact an increasingly negative experience and reflected few of those colourful and attractive features of fascist propaganda which have induced more favourable interpretations of the regime. Distinguishing clearly between the fascist project and its realisation, the study examines the ways in which the fascist party asserted itself at the local level in the widely-differing areas of Italy, at its corruption and malfunctioning, and at the mounting wave of popular resentment against it during the course of the 1930s which, in effect, signalled the failure of the project. The study, based largely on archival material, concludes by suggesting that the abuse of power by fascists at the local level mirrors a wider problem related to the utilisation of power within Italy, both past and present.Less
The enigma of how ordinary people related to would-be totalitarian regimes is still far from being resolved. The tension between repression and consensus renders analysis difficult; where one ends and the other begins is never easy to determine. In the case of fascist Italy, recent scholarship has tended to tilt the balance in favour of popular consensus for the regime, identifying in the ideological and cultural aspects of Mussolini's rule a ‘political religion’ which bound the population to the fascist leader. This book presents a different picture. While in no way underestimating the force of ideological factors, the book argues that ‘real existing Fascism’, as lived by a large part of the population, was in fact an increasingly negative experience and reflected few of those colourful and attractive features of fascist propaganda which have induced more favourable interpretations of the regime. Distinguishing clearly between the fascist project and its realisation, the study examines the ways in which the fascist party asserted itself at the local level in the widely-differing areas of Italy, at its corruption and malfunctioning, and at the mounting wave of popular resentment against it during the course of the 1930s which, in effect, signalled the failure of the project. The study, based largely on archival material, concludes by suggesting that the abuse of power by fascists at the local level mirrors a wider problem related to the utilisation of power within Italy, both past and present.
John Hicks
- Published in print:
- 1989
- Published Online:
- November 2003
- ISBN:
- 9780198287247
- eISBN:
- 9780191596407
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0198287240.001.0001
- Subject:
- Economics and Finance, Macro- and Monetary Economics
John Hicks's writing on monetary economics spans over fifty years. This book draws together the common threads of his work in a single succinct statement of the basics of monetary theory. It also ...
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John Hicks's writing on monetary economics spans over fifty years. This book draws together the common threads of his work in a single succinct statement of the basics of monetary theory. It also outlines a theory of competitive markets that can be linked to the monetary sector; neither standard classical or neo-classical value theory can, on its own, fill the gap between monetary and non-monetary economics. In reviewing his own work, Hicks explains the way in which economic theory has been adjusted to reflect developments in the real economy. He sees these changes, sometimes quite major, as the discovery of truths which have become more appropriate, rather than the discovery of completely new truths.Less
John Hicks's writing on monetary economics spans over fifty years. This book draws together the common threads of his work in a single succinct statement of the basics of monetary theory. It also outlines a theory of competitive markets that can be linked to the monetary sector; neither standard classical or neo-classical value theory can, on its own, fill the gap between monetary and non-monetary economics. In reviewing his own work, Hicks explains the way in which economic theory has been adjusted to reflect developments in the real economy. He sees these changes, sometimes quite major, as the discovery of truths which have become more appropriate, rather than the discovery of completely new truths.
Lutz G. Arnold
- Published in print:
- 2002
- Published Online:
- October 2011
- ISBN:
- 9780199256815
- eISBN:
- 9780191698385
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199256815.001.0001
- Subject:
- Economics and Finance, Financial Economics
Business cycle theory is a broad and disparate field. Different schools of thought offer alternative explanations for cycles, often using different mathematical methods. This book aims to provide ...
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Business cycle theory is a broad and disparate field. Different schools of thought offer alternative explanations for cycles, often using different mathematical methods. This book aims to provide academics and graduate students of economics with an exposition of business cycle theory since Keynes. The author places the main theories — Keynesian economics, monetarism, new classical economics, the real business cycles theory, and new Keynesian economics — in a historical context by presenting them in the chronological order of their appearance and highlighting their differences and commonalities. He minimizes the necessary mathematical prerequisites by using a unifying mathematical approach: stochastic second-order difference equations, which is explained in detail. Throughout the book, the international dimension of business cycles is acknowledged. The theoretical results obtained are set alongside empirical facts in separate boxes. Each chapter finishes with a set of problems designed to deepen the reader's understanding of the theories presented, and further reading sections providing access to related material.Less
Business cycle theory is a broad and disparate field. Different schools of thought offer alternative explanations for cycles, often using different mathematical methods. This book aims to provide academics and graduate students of economics with an exposition of business cycle theory since Keynes. The author places the main theories — Keynesian economics, monetarism, new classical economics, the real business cycles theory, and new Keynesian economics — in a historical context by presenting them in the chronological order of their appearance and highlighting their differences and commonalities. He minimizes the necessary mathematical prerequisites by using a unifying mathematical approach: stochastic second-order difference equations, which is explained in detail. Throughout the book, the international dimension of business cycles is acknowledged. The theoretical results obtained are set alongside empirical facts in separate boxes. Each chapter finishes with a set of problems designed to deepen the reader's understanding of the theories presented, and further reading sections providing access to related material.
Peter Lamarque and Stein Haugom Olsen
- Published in print:
- 1996
- Published Online:
- October 2011
- ISBN:
- 9780198236818
- eISBN:
- 9780191679377
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198236818.001.0001
- Subject:
- Philosophy, Aesthetics, Philosophy of Language
This book examines the complex and varied ways in which fictions relate to the real world, and offers a precise account of how imaginative works of literature can use fictional content to explore ...
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This book examines the complex and varied ways in which fictions relate to the real world, and offers a precise account of how imaginative works of literature can use fictional content to explore matters of universal human interest. While rejecting the traditional view that literature is important for the truths that it imparts, the authors also reject attempts to cut off literature altogether from real human concerns. Their detailed account of fictionality, mimesis, and cognitive value helps restore to literature its distinctive status among cultural practices. The authors also explore the limits of fictionality, particularly in relation to metaphysical and sceptical views, prevalent in modern thought, according to which the world itself is a kind of fiction, and truth no more than a cultural construct. They identify different conceptions of fiction in science, logic, epistemology, and make-believe, and thereby challenge the idea that discourse per se is fictional and that different modes of discourse are, at root, indistinguishable. They offer analyses of the roles of narrative, imagination, metaphor, and ‘making’ in human thought processes. Both in their methods and in their conclusions, the authors aim to bring rigour and clarity to debates about the values of literature, and to provide philosophically sound foundations for a genuine change of direction in literary theorizing.Less
This book examines the complex and varied ways in which fictions relate to the real world, and offers a precise account of how imaginative works of literature can use fictional content to explore matters of universal human interest. While rejecting the traditional view that literature is important for the truths that it imparts, the authors also reject attempts to cut off literature altogether from real human concerns. Their detailed account of fictionality, mimesis, and cognitive value helps restore to literature its distinctive status among cultural practices. The authors also explore the limits of fictionality, particularly in relation to metaphysical and sceptical views, prevalent in modern thought, according to which the world itself is a kind of fiction, and truth no more than a cultural construct. They identify different conceptions of fiction in science, logic, epistemology, and make-believe, and thereby challenge the idea that discourse per se is fictional and that different modes of discourse are, at root, indistinguishable. They offer analyses of the roles of narrative, imagination, metaphor, and ‘making’ in human thought processes. Both in their methods and in their conclusions, the authors aim to bring rigour and clarity to debates about the values of literature, and to provide philosophically sound foundations for a genuine change of direction in literary theorizing.
John L. Pollock
- Published in print:
- 2006
- Published Online:
- October 2011
- ISBN:
- 9780195304817
- eISBN:
- 9780199850907
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195304817.001.0001
- Subject:
- Philosophy, Philosophy of Mind
This book aims to construct a theory of rational decision making for real agents—not ideal agents. Real agents have limited cognitive powers, but traditional theories of rationality have applied only ...
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This book aims to construct a theory of rational decision making for real agents—not ideal agents. Real agents have limited cognitive powers, but traditional theories of rationality have applied only to idealized agents that lack such constraints. The book argues that theories of ideal rationality are largely irrelevant to the decision making of real agents. This book aims to provide a theory of “real rationality”.Less
This book aims to construct a theory of rational decision making for real agents—not ideal agents. Real agents have limited cognitive powers, but traditional theories of rationality have applied only to idealized agents that lack such constraints. The book argues that theories of ideal rationality are largely irrelevant to the decision making of real agents. This book aims to provide a theory of “real rationality”.
David M. Armstrong
- Published in print:
- 2010
- Published Online:
- September 2010
- ISBN:
- 9780199590612
- eISBN:
- 9780191723391
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199590612.003.0013
- Subject:
- Philosophy, Philosophy of Mind, Metaphysics/Epistemology
An account is given of the Forrest‐Armstrong theory of number (Peter Forrest). Natural numbers are argued to be relations holding between a certain property and a certain mereological whole (black ...
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An account is given of the Forrest‐Armstrong theory of number (Peter Forrest). Natural numbers are argued to be relations holding between a certain property and a certain mereological whole (black swan on the lake now, and the whole that these swans make). With the rational numbers and the real numbers the relation becomes one of proportion, they are the units that measure the proportion. It is pointed out, however, that this view is largely to be found in Isaac Newton, and is even anticipated in Aristotle. What it is for a mathematical entity such as a number to be ‘instantiated’ is considered.Less
An account is given of the Forrest‐Armstrong theory of number (Peter Forrest). Natural numbers are argued to be relations holding between a certain property and a certain mereological whole (black swan on the lake now, and the whole that these swans make). With the rational numbers and the real numbers the relation becomes one of proportion, they are the units that measure the proportion. It is pointed out, however, that this view is largely to be found in Isaac Newton, and is even anticipated in Aristotle. What it is for a mathematical entity such as a number to be ‘instantiated’ is considered.
Sharan Jagpal and Shireen Jagpal
- Published in print:
- 2008
- Published Online:
- September 2008
- ISBN:
- 9780195371055
- eISBN:
- 9780199870745
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195371055.001.0001
- Subject:
- Business and Management, Marketing
This book shows how to fuse marketing, finance, and other disciplines to improve performance for the corporation or organization. Specifically, it shows decision makers at different levels in the ...
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This book shows how to fuse marketing, finance, and other disciplines to improve performance for the corporation or organization. Specifically, it shows decision makers at different levels in the organization and in different functional areas (e.g., marketing, finance, new product development, and human resources management) how to overcome the problems resulting from function- and discipline-based “silos.” The book has several novel features. All concepts are presented in a simple and easily accessible question-and-answer format. The book provides an in-depth analysis of a broad spectrum of important managerial topics (e.g., how to allocate advertising funds between Internet and conventional advertising, how to evaluate brand equity for mergers and acquisitions, and how to coordinate product design, marketing strategy, and production). In addition, because of its fusion-based methodology, the book provides decision makers with new tools to address familiar managerial problems (e.g., resource allocation and the design of managerial contracts in multiproduct or multidivisional firms). Throughout the book, the focus is on providing managers with actionable theories and metrics that are rigorous yet practical, and that allow the firm or organization to fuse — not merely interface — different functional areas.Less
This book shows how to fuse marketing, finance, and other disciplines to improve performance for the corporation or organization. Specifically, it shows decision makers at different levels in the organization and in different functional areas (e.g., marketing, finance, new product development, and human resources management) how to overcome the problems resulting from function- and discipline-based “silos.” The book has several novel features. All concepts are presented in a simple and easily accessible question-and-answer format. The book provides an in-depth analysis of a broad spectrum of important managerial topics (e.g., how to allocate advertising funds between Internet and conventional advertising, how to evaluate brand equity for mergers and acquisitions, and how to coordinate product design, marketing strategy, and production). In addition, because of its fusion-based methodology, the book provides decision makers with new tools to address familiar managerial problems (e.g., resource allocation and the design of managerial contracts in multiproduct or multidivisional firms). Throughout the book, the focus is on providing managers with actionable theories and metrics that are rigorous yet practical, and that allow the firm or organization to fuse — not merely interface — different functional areas.
Lynne Dale Halamish and Doron Hermoni
- Published in print:
- 2007
- Published Online:
- November 2011
- ISBN:
- 9780195325379
- eISBN:
- 9780199999811
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195325379.001.0001
- Subject:
- Palliative Care, Patient Care and End-of-Life Decision Making, Palliative Medicine and Older People
This book is a practical and direct handbook for grieving. It presents 30 stories from real life that examine how we grieve and how we can help those who grieve—whether the griever is oneself, ...
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This book is a practical and direct handbook for grieving. It presents 30 stories from real life that examine how we grieve and how we can help those who grieve—whether the griever is oneself, someone we care about, or a client or patient. The authors present vignettes from practice that show how death—lingering, unexpected, violent, or self-inflicted—and the loss of a relationship—to oneself or with a child, sibling, parent, mate, grandparent, or friend—give life to grief, together with the process by which each person fully encounters his or her grief. Each story is no more than two or three pages, and the authors follow each one with a short summary of its teachings and a selection of annotated recent references for those who wish to read more about a topic.Less
This book is a practical and direct handbook for grieving. It presents 30 stories from real life that examine how we grieve and how we can help those who grieve—whether the griever is oneself, someone we care about, or a client or patient. The authors present vignettes from practice that show how death—lingering, unexpected, violent, or self-inflicted—and the loss of a relationship—to oneself or with a child, sibling, parent, mate, grandparent, or friend—give life to grief, together with the process by which each person fully encounters his or her grief. Each story is no more than two or three pages, and the authors follow each one with a short summary of its teachings and a selection of annotated recent references for those who wish to read more about a topic.
Richard Robinson
- Published in print:
- 1963
- Published Online:
- October 2011
- ISBN:
- 9780198241607
- eISBN:
- 9780191680397
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198241607.001.0001
- Subject:
- Philosophy, Logic/Philosophy of Mathematics, Philosophy of Language
Definition has been practised and discussed for nearly two and a half millenniums. It has been more widely adopted, and less often reviled, than any other part of the original theory of logic drawn ...
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Definition has been practised and discussed for nearly two and a half millenniums. It has been more widely adopted, and less often reviled, than any other part of the original theory of logic drawn up by Aristotle. Today it is probably the best known idea in the field of logic, except for the idea of inference. The word ‘definition’ is more often used by the general public than any other peculiarly logical term except the word ‘logic’ itself. The purpose of this book, as a whole, is to clarify our conception of definition and to improve our defining activities. Topics covered include disagreements about definition, word-thing definition, lexical definition, stipulative definition, methods of word-thing definition, real definition, and definition in mathematics.Less
Definition has been practised and discussed for nearly two and a half millenniums. It has been more widely adopted, and less often reviled, than any other part of the original theory of logic drawn up by Aristotle. Today it is probably the best known idea in the field of logic, except for the idea of inference. The word ‘definition’ is more often used by the general public than any other peculiarly logical term except the word ‘logic’ itself. The purpose of this book, as a whole, is to clarify our conception of definition and to improve our defining activities. Topics covered include disagreements about definition, word-thing definition, lexical definition, stipulative definition, methods of word-thing definition, real definition, and definition in mathematics.
Jerome L. Stein
- Published in print:
- 2006
- Published Online:
- May 2006
- ISBN:
- 9780199280575
- eISBN:
- 9780191603501
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199280576.003.0001
- Subject:
- Economics and Finance, Financial Economics
This overview chapter explains the relevance and the contributions of this book to economic theory and policy. The economic theory and mathematics developed in chapters 2 and 3 derive benchmarks for ...
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This overview chapter explains the relevance and the contributions of this book to economic theory and policy. The economic theory and mathematics developed in chapters 2 and 3 derive benchmarks for the optimal debt in an environment where both the return on capital and the real rate of interest are stochastic variables. The equilibrium real exchange rate, the subject of chapter 4, is where the real exchange rate is heading. These benchmarks are applied in chapters 5-9 to the euro, the real exchange rate of the transition economies in Eastern Europe, default risks in emerging market countries, the Asian crises, and the United States current account deficits.Less
This overview chapter explains the relevance and the contributions of this book to economic theory and policy. The economic theory and mathematics developed in chapters 2 and 3 derive benchmarks for the optimal debt in an environment where both the return on capital and the real rate of interest are stochastic variables. The equilibrium real exchange rate, the subject of chapter 4, is where the real exchange rate is heading. These benchmarks are applied in chapters 5-9 to the euro, the real exchange rate of the transition economies in Eastern Europe, default risks in emerging market countries, the Asian crises, and the United States current account deficits.
Jerome L. Stein
- Published in print:
- 2006
- Published Online:
- May 2006
- ISBN:
- 9780199280575
- eISBN:
- 9780191603501
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199280576.003.0004
- Subject:
- Economics and Finance, Financial Economics
The NATREX is a model of the equilibrium real exchange rate, which is where the real exchange rate is heading. The NATREX model has two components: the long-run equilibrium real exchange rate and the ...
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The NATREX is a model of the equilibrium real exchange rate, which is where the real exchange rate is heading. The NATREX model has two components: the long-run equilibrium real exchange rate and the dynamics of adjustment of the medium-run equilibrium to the long-run equilibrium. In the medium-run equilibrium, the ratio of the external debt/GDP is predetermined, and the real exchange rate is associated with both internal and external balance. The real exchange rate and debt ratio are endogenous variables. In full stock-flow equilibrium, the long run equilibrium real exchange rate and external debt ratio depend upon the vector of time varying fundamentals, which are productivity and thrift in the country relative to the rest of the world.Less
The NATREX is a model of the equilibrium real exchange rate, which is where the real exchange rate is heading. The NATREX model has two components: the long-run equilibrium real exchange rate and the dynamics of adjustment of the medium-run equilibrium to the long-run equilibrium. In the medium-run equilibrium, the ratio of the external debt/GDP is predetermined, and the real exchange rate is associated with both internal and external balance. The real exchange rate and debt ratio are endogenous variables. In full stock-flow equilibrium, the long run equilibrium real exchange rate and external debt ratio depend upon the vector of time varying fundamentals, which are productivity and thrift in the country relative to the rest of the world.
Jerome L. Stein
- Published in print:
- 2006
- Published Online:
- May 2006
- ISBN:
- 9780199280575
- eISBN:
- 9780191603501
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199280576.003.0006
- Subject:
- Economics and Finance, Financial Economics
On the basis of the NATREX model, several key studies are evaluated to answer the questions: How can the trends in the real exchange rates of the transition economies of Eastern Europe be explained? ...
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On the basis of the NATREX model, several key studies are evaluated to answer the questions: How can the trends in the real exchange rates of the transition economies of Eastern Europe be explained? What are sustainable and equilibrium real exchange rates, current account deficits, and net investment positions in the medium and in the long-run? What are the policy implications for the transition economies planning to join the Euro area? Neither the PPP nor the Balassa-Samuelson hypotheses can explain the data. Both the reduced form and structural equations of the NATREX model are consistent with the data for Hungary and the Czech Republic. The exchange rate behavior for Poland and Bulgaria also are explained by the NATREX model.Less
On the basis of the NATREX model, several key studies are evaluated to answer the questions: How can the trends in the real exchange rates of the transition economies of Eastern Europe be explained? What are sustainable and equilibrium real exchange rates, current account deficits, and net investment positions in the medium and in the long-run? What are the policy implications for the transition economies planning to join the Euro area? Neither the PPP nor the Balassa-Samuelson hypotheses can explain the data. Both the reduced form and structural equations of the NATREX model are consistent with the data for Hungary and the Czech Republic. The exchange rate behavior for Poland and Bulgaria also are explained by the NATREX model.
Jerome L. Stein
- Published in print:
- 2006
- Published Online:
- May 2006
- ISBN:
- 9780199280575
- eISBN:
- 9780191603501
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0199280576.003.0009
- Subject:
- Economics and Finance, Financial Economics
For nearly a quarter of a century, the US has persistently run significant current account deficits that transformed it from the world’s largest net creditor to its largest debtor. The stochastic ...
More
For nearly a quarter of a century, the US has persistently run significant current account deficits that transformed it from the world’s largest net creditor to its largest debtor. The stochastic optimal control/dynamic programming approach provides a framework to derive the optimal debt ratio, based upon both objective variables and preferences. The following set of questions are answered: What is a sustainable ratio of external debt/GDP? What are the consequences of an “excessive” debt? By how much does the dollar need to decline in order to achieve a sustainable current account position for the US and rest of world? The deviation of the actual debt ratio from the derived optimum increases the vulnerability of the economy to external shocks.Less
For nearly a quarter of a century, the US has persistently run significant current account deficits that transformed it from the world’s largest net creditor to its largest debtor. The stochastic optimal control/dynamic programming approach provides a framework to derive the optimal debt ratio, based upon both objective variables and preferences. The following set of questions are answered: What is a sustainable ratio of external debt/GDP? What are the consequences of an “excessive” debt? By how much does the dollar need to decline in order to achieve a sustainable current account position for the US and rest of world? The deviation of the actual debt ratio from the derived optimum increases the vulnerability of the economy to external shocks.
