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25.8.06

Risk-Taking in International Politics Prospect Theory in
American Foreign Policy
by
ROSE MCDERMOTT

This book is essentially, and fundamentally, about the nature and structure of risk-taking behavior. Risk is a central feature in everyday life. We all take risks all the time, often in ways we do not even recognize. In many cases, we do not appreciate the extent of the risks we take; in others, we overestimate the risks we encounter. We usually do not think about the risks inherent in driving a car or participating in sports activities, but we actively fear the objectively low-level risks associated with food additives or flying on airplanes.

Project Risk Management Guidelines Managing Risk in Large Projects and Complex Procurements
by
Dale F. Cooper, Stephen Grey, Geoffrey Raymond
and Phil Walker


Project risk management has come a long way since the 1980s, when Dale Cooper and I worked together on a range of risk management consultancy projects in the UK, Canada and the USA, published together, and became friends as well as colleagues. In particular, the leading edge has moved from bespoke methods and models developed for particular organizations and situations towards generic processes. It has also come a long way since the mid-1990s, when Stephen Grey and I worked together on the Association for Project Management PRAM (Project Risk Analysis and Management) Guide. In particular, the debate about what shape generic processes should take has clarified a number of issues, without leading to a consensus. Project risk management continues to evolve in interesting and useful ways, with no end to this development in sight.
Game Theory and Economic Analysis
A Quiet Revolution in Economics
by
Christian Schmidt

Game Theory and Economic Analysis presents the wide range of current contributions of game theory to economics. The haptersve fall broadly into two categories. Some lay out in a jargon-free banner a particular branch of the theory, the evolution of one of its concepts, or a problem, that runs through its development. Others are original pieces of work that are significant to game theory as a whole. After taking the reader through a concise history of game theory, the contributors discuss such topics as:*the connections between Von Neumann's mathematical game theory and the domain assigned to it today since Nash*the strategic use of information by game players*the problem of the coordination of strategic choices between independent players in non-cooperative games*cooperative games and their place within the literature of games*incentive and the implementation of a collective decision in game-theoretic modeling*team games and the implications for firms' managementThe nature of the subject and the angle from which it is examined will ensure that GAme Theory and Economic Analysis reaches a wide readership. As an established scholar in the area of game theory, Christian Schmidt has produced an authoritative book with contributions from economists of the very highest rank and profile, some of them well known beyond the boundaries of the game-theoretic community.

Microeconomics
by
Robert S. Pindyck
Daniel L. Rubenfield


This book is well known for its coverage of modern topics (Game theory, Economics of Information, and Behavioral Economics), clarity of its writing style and graphs, and integrated use of real world examples. The emphasis on relevance and application to both managerial and public-policy decision-making are focused goals of the book. This emphasis is accomplished by including MANY extended examples that cover such topics as the analysis of demand, cost, and market efficiency; the design of pricing strategies; investment and production decisions; and public policy analysis. Economists and strategists looking to stay current with economic information.