The first book of its kind to delve into the fascinating and important subject of the psychology affecting investment. Combines behavioral knowledge from psychology, management, marketing, economics, and finance
Microeconomic Risk Management and Macroeconomic Stability
While the determinants of firms’ optimal hedging strategies on the micro level are well understood, there is rarely any literature dealing with macroeconomic consequences of microeconomic risk management. This book is concerned with the impact of diverse hedging policies on macroeconomic stability. It addresses this issue by employing theoretical as well as empirical methods.
Environmental Justice and Sustainability in the Former Soviet Union
The legacy of environmental catastrophe in the states of the former Soviet Union includes desertification, pollution, and the toxic aftermath of industrial accidents, the most notorious of which was the Chernobyl disaster of 1986. This book examines the development of environmental activism in Russia and the former Soviet republics in response to these problems and its effect on policy and planning.
Thanks largely to the landmark Brown v. Board of Education of Topeka case of 1954, which declared that separate educational facilities were inherently unequal and therefore unconstitutional, the civil rights movement began to gain momentum. This movement, which was led by such activists as Martin Luther King Jr., espoused nonviolent protest as a means to ending racial segregation and promoting equal rights for African Americans.
Trade Policy Flexibility and Enforcement in the WTO: A Law and Economics Analysis
The World Trade Organization (WTO) is an incomplete contract among sovereign countries. Trade policy flexibility mechanisms are designed to deal with contractual gaps, which are the inevitable consequence of this contractual incompleteness. Trade policy flexibility mechanisms are backed up by enforcement instruments which allow for punishment of illegal extra-contractual conduct.