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Power in Economic Thought (Palgrave Studies in the History of Economic Thought)

by Manuela Mosca

This book offers a pluralistic vision of the way economists have dealt with the question of power in society over the last two centuries. Economists’ ideas about power are examined from political, theoretical and policy-making points of view, with additional discussion of the active participation of economists in the management of power.The book is organized into four main conceptions of power relations: i) Power as embedded in political institutions; ii) Power as emerging from the asymmetric relations caused by the unequal distribution of income and wealth; iii) Power as associated to the monopolistic or oligopolistic position held by some firms in the market; and iv) Power as the management of economic policies by the state.Mosca brings together contributions from a range of scholars to analyse how economists have considered the role of power, putting the discussion into a much needed historical context.

Developing and Managing Innovation in a Fast Changing and Complex World: Benefiting from Dynamic Principles

by Stig Ottosson

This book provides essential insights into how to rapidly and safely develop new sustainable products, no matter whether it is in the private sector, the public sector or the non-profit sector, and regardless of the specific national or business culture.The principles discussed were distilled from experiences and insights gained in numerous practical innovation endeavors, and from insider action research in connection with ongoing development, change management, and innovation projects in various areas and branches of the business world and non-commercial sector.In short, the practical work and research has revealed that, regardless of the specific product and/or business to be developed, clear advantages can be gained by using dynamic or agile methods based on modern theories. These advantages include: reduced risk of failure, shorter time to market, less money and effort spent, better outcome solutions, etc. than when classical methods are used. Accordingly, the book also highlights the differences between the classical/traditional and dynamic mindset and approaches. It offers suggestions on how to think, organize, lead, and act in order to excel in an increasingly complex and non-linear world. The more you can assimilate the theories, principles and methods – and integrate them in the culture you operate in – the greater the benefits will be for you and your organization.

Data-Driven Prediction for Industrial Processes and Their Applications (Information Fusion and Data Science)

by Jun Zhao Wei Wang Chunyang Sheng

This book presents modeling methods and algorithms for data-driven prediction and forecasting of practical industrial process by employing machine learning and statistics methodologies. Related case studies, especially on energy systems in the steel industry are also addressed and analyzed. The case studies in this volume are entirely rooted in both classical data-driven prediction problems and industrial practice requirements. Detailed figures and tables demonstrate the effectiveness and generalization of the methods addressed, and the classifications of the addressed prediction problems come from practical industrial demands, rather than from academic categories. As such, readers will learn the corresponding approaches for resolving their industrial technical problems. Although the contents of this book and its case studies come from the steel industry, these techniques can be also used for other process industries. This book appeals to students, researchers, and professionals within the machine learning and data analysis and mining communities.

Sustainability, Wellbeing and the Posthuman Turn

by Thomas S. Smith

This book examines how the way we conceive of, or measure, the environment changes the way we interact with it. Thomas Smith posits that environmentalism and sustainable development have become increasingly post-political, characterised by abstraction, and quantification to an unprecedented extent. As such, the book argues that our ways of measuring both the environment, such as through sustainability metrics like footprints and Payments for Ecosystem Services, and society, through gross domestic product and wellbeing measures, play a constitutive and problematic role in how we conceive of ourselves in the world. Subsequently, as the quantified environmental approach drives a dualistic wedge between the human and non-human realms, in its final section the book puts forward recent developments in new materialism and feminist ethics of care as providing practical ways of re-founding sustainable development in a way that firmly acknowledges human-ecological relations. This book will be an invaluable reference for scholars and students in the fields of human geography, political ecology, and environmental sociology.

The New Institutionalist Economic History of Douglass C. North: A Critical Interpretation (Palgrave Studies in the History of Economic Thought)

by Matthijs Krul

This book offers a comprehensive assessment of Douglass North’s contribution to economics and the social sciences by examining the origins and structure of his New Institutionalist Economic History (NIEH). Informed by contemporary debates in the philosophy of economics, Krul describes the evolution of North’s theory from mainstream economics to an increasingly heterodox form of New Institutionalism. He also examines what North's original aims were in developing the NIEH research programme and how well it has achieved these aims. By exploring major themes in North's NIEH, with an emphasis on the final stage of his theory, Krul sheds new light on the strengths and weaknesses of North's work. He also discusses the implications of this critical interpretation for the New Institutionalism in economics and other fields of social science.

Organizational Integrity: Individual Misconduct And The Legal Structure Of Society (Springerbriefs In Business Ser.)

by Carsten Stark

This book describes the results of a research project on compliance and organizational integrity, financed by the German government and conducted over the last three years. The book offers a theoretical framework and valid instruments for measuring the outcome of compliance management: organizational integrity. To pinpoint the specifics of organizational integrity, and to create a framework for assessment, the book analyzes not only the cases of Siemens and Deutsche Bank but also a specific form of organization: governmental organizations. The book includes the results of a survey of employees in five German cities, in the course of which the author conducted interviews with the personnel responsible for compliance in different organizations. In addition, during their discussions he analyzed the administrative staff with regard to the decision-making processes they were involved in.

Data-Centric Business and Applications: Evolvements in Business Information Processing and Management—Volume 1 (Lecture Notes on Data Engineering and Communications Technologies #20)

by Natalia Kryvinska Michal Greguš

This book discusses processes and procedures in information/data processing and management. The global market is becoming more and more complex with an increased availability of data and information, and as a result doing business with information is becoming more popular, with a significant impact on modern society immensely. This means that there is a growing need for a common understanding of how to create, access, use and manage business information. As such this book explores different aspects of data and information processing, including information generation, representation, structuring, organization, storage, retrieval, navigation, human factors in information systems, and the use of information. It also analyzes the challenges and opportunities of doing business with information, and presents various perspectives on business information managing.

Ambit Stochastics (Probability Theory and Stochastic Modelling #88)

by Fred Espen Benth Ole E. Barndorff-Nielsen Almut E. Veraart

Drawing on advanced probability theory, Ambit Stochastics is used to model stochastic processes which depend on both time and space. This monograph, the first on the subject, provides a reference for this burgeoning field, complete with the applications that have driven its development. Unique to Ambit Stochastics are ambit sets, which allow the delimitation of space-time to a zone of interest, and ambit fields, which are particularly well-adapted to modelling stochastic volatility or intermittency. These attributes lend themselves notably to applications in the statistical theory of turbulence and financial econometrics. In addition to the theory and applications of Ambit Stochastics, the book also contains new theory on the simulation of ambit fields and a comprehensive stochastic integration theory for Volterra processes in a non-semimartingale context. Written by pioneers in the subject, this book will appeal to researchers and graduate students interested in empirical stochastic modelling.

Ambit Stochastics (Probability Theory and Stochastic Modelling #88)

by Fred Espen Benth Almut E. Veraart Ole E. Barndorff-Nielsen

Drawing on advanced probability theory, Ambit Stochastics is used to model stochastic processes which depend on both time and space. This monograph, the first on the subject, provides a reference for this burgeoning field, complete with the applications that have driven its development. Unique to Ambit Stochastics are ambit sets, which allow the delimitation of space-time to a zone of interest, and ambit fields, which are particularly well-adapted to modelling stochastic volatility or intermittency. These attributes lend themselves notably to applications in the statistical theory of turbulence and financial econometrics. In addition to the theory and applications of Ambit Stochastics, the book also contains new theory on the simulation of ambit fields and a comprehensive stochastic integration theory for Volterra processes in a non-semimartingale context. Written by pioneers in the subject, this book will appeal to researchers and graduate students interested in empirical stochastic modelling.

Macroprudential Banking Supervision & Monetary Policy: Legal Interaction In The European Union

by Luca Amorello

The European experience suggests that the efforts made to achieve an efficient trade-off between monetary policy and prudential supervision ultimately failed. The severity of the global crisis have pushed central banks to explore innovative tools—within or beyond their statutory constraints—capable of restoring the smooth functioning of the financial cycle, including setting macroprudential policy instruments in the regulatory toolkit. But macroprudential and monetary policies, by sharing multiple transmission channels, may interact—and conflict—with each other. Such conflicts may represent not only an economic challenge in the pursuit of price and financial stability, but also a legal uncertainty characterizing the regulatory developments of the EU macroprudential and monetary frameworks. In analyzing the “legal interaction” between the two frameworks in the EU, this book seeks to provide evidence of the inconsistencies associated with the structural separation of macroprudential and monetary frameworks, shedding light upon the legal instruments that could reconcile any potential policy inconsistency.

The Impoverishment of the African Red Sea Littoral, 1640–1945 (Palgrave Series in Indian Ocean World Studies)

by Steven Serels

The African Red Sea Littoral, currently divided between Sudan, Eritrea, Ethiopia, and Djibouti, is one of the poorest regions in the world. But the pastoralist communities indigenous to this region were not always poor—historically, they had access to a variety of resources that allowed them to prosper in the harsh, arid environment. This access was mediated by a robust moral economy of pastoralism that acted as a social safety net. Steven Serels charts the erosion of this moral economy, a slow-moving process that began during the Little Ice Age mega-drought of the seventeenth and eighteenth centuries and continued through the devastating famines of the twentieth century. By examining mass sedentarization after the Second World War as merely the latest manifestation of an inter-generational environmental and economic crisis, this book offers an innovative lens for understanding poverty in northeastern Africa.

Advances in Human Factors, Sustainable Urban Planning and Infrastructure: Proceedings of the AHFE 2018 International Conference on Human Factors, Sustainable Urban Planning and Infrastructure, July 21-25, 2018, Loews Sapphire Falls Resort at Universal Studios, Orlando, Florida, USA (Advances in Intelligent Systems and Computing #788)

by Jerzy Charytonowicz Christianne Falcão

This book discusses human factors research directed towards realizing and assessing sustainability in the built environment. It reports on advanced engineering methods for sustainable infrastructure design, as well as on assessments of the efficient methods and the social, environmental, and economic impact of various designs and projects. The book covers a range of topics, including the use of recycled materials in architecture, ergonomics in buildings and public design, sustainable design for smart cities, design for the aging population, industrial design, human scale in architecture, and many more. Based on the AHFE 2018 International Conference on Human Factors, Sustainable Urban Planning and Infrastructure, held on July 21–25, 2018, in Orlando, Florida, USA, it offers various perspectives on sustainability and ergonomics. As such, it is a valuable reference resource for designers, urban engineers, architects, infrastructure professionals, public infrastructure owners, policy makers, government engineers and planners, as well as operations managers and academics active in urban and infrastructure research.

Business Modeling and Software Design: 8th International Symposium, BMSD 2018, Vienna, Austria, July 2-4, 2018, Proceedings (Lecture Notes in Business Information Processing #319)

by Boris Shishkov

This book constitutes the proceedings of the 8th International Symposium on Business Modeling and Software Design, BMSD 2018, held in Vienna, Austria, in July 2018. The 14 full papers and 21 short papers selected for inclusion in this book deal with a large number of research topics: (i) Some topics concern Business Processes (BP), such as BP modeling / notations / visualizations, BP management, BP variability, BP contracting, BP interoperability, BP modeling within augmented reality, inter-enterprise collaborations, and so on; (ii) Other topics concern Software Design, such as software ecosystems, specification of context-aware software systems, service-oriented solutions and micro-service architectures, product variability, software development monitoring, and so on; (iii) Still other topics are crosscutting with regard to business modeling and software design, such as data analytics as well as information security and privacy; (iv) Other topics concern hot technology / innovation areas, such as blockchain technology and internet-of-things. Underlying with regard to all those topics is the BMSD’18 theme: Enterprise Engineering and Software Engineering - Processes and Systems for the Future.

Psychological Empowerment and Job Satisfaction in the Banking Sector

by Elizabeth George Zakkariya K. A.

This book explores how psychological empowerment can influence and enhance job satisfaction. The authors argue that in today’s working climate the wellbeing and involvement of employees is of utmost importance to any company’s overall success and that management techniques like empowerment are the most effective means of achieving this goal. Based on an empirical study examining job satisfaction amongst employees of several private sector, public sector and new generation banks in Kerala, India as well as extensive literature review, this book discusses the role psychological empowerment plays in enhancing job satisfaction both locally and internationally. It goes on to analyze four dimensions of psychological empowerment and the role of job satisfaction in the relationship between psychological empowerment and job related stress. This book will be of great interest to scholars in management and psychology and is essential reading for industrialists and managers wanting to apply empowerment strategies in their own workplace.

Forward Lease Sukuk in Islamic Capital Markets: Structure And Governing Rules

by Rubi Ahmad M. Kabir Hassan Ahcene Lahsasna

This book focuses on forward lease sukuk, which is one of the most viable and dynamic Shari’ah-compliant instruments in the Islamic capital market. The idea of forward lease sukuk is to raise funds from non-existent assets whose subject matter does not exist at the time of the sukuk issuance. This book discusses the significant features of forward lease sukuk and demonstrates its vital contribution to project construction and manufacturing within the expanding field of Islamic finance.

Learning to Sell Sex(ism): Advertising Students and Gender

by Aileen O'Driscoll

This book presents the first in-depth exploration into the gendered attitudes and worldviews of advertising students. Offering a significant contribution to other cultural sociological works concerning the cultural and creative industries, Learning to Sell Sex(ism) adds further weight to the argument that it is imperative that we look closely at the people who create media texts in order to better account for and challenge sexist media content. In this study, such media creators are the advertising industry’s next generation of practitioners and creatives. Involving a mix of in-depth questionnaires, qualitative surveys, interviews with students, observational data, as well as an examination of the components comprising advertising modules, O’Driscoll documents the dominant gendered discourses articulated by advertising students and offers an opportunity for the advertising educational sector to reflect on how it might play its part in reducing stereotypical and sexist content emanating from the industry. Learning to Sell Sex(ism) will be of interest to students and scholars across a range of disciplines, including media studies, gender studies, sociology, cultural studies and marketing.

Web Services – ICWS 2018: 25th International Conference, Held as Part of the Services Conference Federation, SCF 2018, Seattle, WA, USA, June 25-30, 2018, Proceedings (Lecture Notes in Computer Science #10966)

by Hai Jin Qingyang Wang Liang-Jie Zhang

This volume constitutes the proceedings of the 16th International Conference on Web Services, ICWS 2018, held as Part of SCF 2018 in Seattle, WA, USA in June 2018. The 31 full papers together with 1 short paper published in this volume were carefully reviewed and selected from 116 submissions. They are organized in topical sections such as Web Services, RESTful web services, Web Services Description Langugage, Universal Description Discovery and Integration, Service discovery and interfaces, Domain-specific security and privacy architectures, Location bases services, Sercurity Services and Markup languages.

Industry 4.0: Industrial Revolution of the 21st Century (Studies in Systems, Decision and Control #169)

by Elena G. Popkova Yulia V. Ragulina Aleksei V. Bogoviz

This book addresses a wide range of issues relating to the theoretical substantiation of the necessity of Industry 4.0, the development of the methodological tools for its analysis and evaluation, and practical solutions for effectively managing this process. It particularly focuses on solving the problem of optimizing the development of Industry 4.0 in the context of knowledge economy formation. The book presents the authors’ approach to studying the process of Industry 4.0 formation in connection with knowledge economy, and approach that allows the process to be studied in connection with the existing socio-economic and technological conditions. As a result, the conclusions and recommendations could be applied to modern economic systems and do not require any further elaboration. The presented research is based on modern economic theory scientific and methodological tools, including the tools of the theory of economic cycles, the theory of games, and the institutional economic theory. Raising awareness of the problem of Industry 4.0 formation, the book is of interest to a wide audience, including not only specialists and experts with a detailed knowledge of the topic, but also scholars, lecturers, and undergraduates of various fields of economics.

Global Supply Chain and Operations Management: A Decision-Oriented Introduction to the Creation of Value (Springer Texts in Business and Economics)

by Dmitry Ivanov Alexander Tsipoulanidis Jörn Schönberger

The second edition of this textbook comprehensively discusses global supply-chain and operations management, combining value creation networks and interacting processes. It focuses on the operational roles in the networks and presents the quantitative and organizational methods needed to plan and control the material, information and financial flows in the supply chain. Each chapter starts with an introductory case study, and numerous examples from various industries and services help to illustrate the key concepts. The book explains how to design operations and supply networks and how to incorporate suppliers and customers. It also examines matching supply and demand, which is a core aspect of tactical planning, before turning to the allocation of resources for fulfilling customer demands. This second edition features three new chapters: “Supply Chain Risk Management and Resilience”, “Digital Supply Chain, Smart Operations, and Industry 4.0”, and “Pricing and Revenue-Oriented Capacity Allocation”. These new chapters provide the structured knowledge on the principles, models, and technologies for managing the supply-chain risks and improving supply-chain and operations performance with the help of digital technologies such as Industry 4.0, additive manufacturing, Internet-of-Things, advanced optimization methods and predictive analytics. The existing chapters have been updated and new case studies have been included. In addition, the preface provides guidelines for instructors on how to use the material for different courses in supply-chain and operations management and at different educational levels, such as general undergraduate, specialized undergraduate, and graduate courses. The companion website www.global-supply-chain-management.de has also been updated accordingly. In addition, the book is now supported by e-manuals for supply-chain and operations simulation and optimization in AnyLogic and anyLogistix. Providing readers with a working knowledge of global supply-chain and operations management, with a focus on bridging the gap between theory and practice, this textbook can be used in core, special and advanced classes. It is intended for broad range of students and professionals involved in supply-chain and operations management.

Innovative Solutions for Sustainable Supply Chains (Understanding Complex Systems)

by Hassan Qudrat-Ullah

This book presents the latest tools, techniques, and solutions that decision makers use to overcome the challenges faced by their sustainable supply chains. Given the ever increasing significance of socio-economic and environmental factors, the management of sustainable supply chains has become a complex and dynamic task. Multiple and conflicting objectives of stakeholders including suppliers, manufacturers, service providers, and retailers add to the complexity of decisions that modern day managers of supply chains face. With the unprecedented technological developments and innovations at hand, sustainability can be maximized for all the activities of a supply chain including: service concept and product design, material sourcing and procurement, manufacturing processes, delivery of the final product, and end-of-life management of the product. Consequently, the sustainable supply chains' problems require a systematic and integrated approach. Modeling and simulation, in general, as well as system dynamics and agent-based modeling, in particular, have the capabilities to deal with the complexity of sustainable supply chain related problems. This book will appeal to professionals and researchers in the field.

Women, Literature and Finance in Victorian Britain: Cultures of Investment (Palgrave Studies in Literature, Culture and Economics)

by Nancy Henry

Women, Literature and Finance in Victorian Britain: Cultures of Investment defines the cultures that emerged in response to the democratization of the stock market in nineteenth-century Britain when investing provided access to financial independence for women. Victorian novels represent those economic networks in realistic detail and are preoccupied with the intertwined economic and affective lives of characters. Analyzing evidence about the lives of real investors together with fictional examples, including case studies of four authors who were also investors, Nancy Henry argues that investing was not just something women did in Victorian Britain; it was a distinctly modern way of thinking about independence, risk, global communities and the future in general.

Edge Computing – EDGE 2018: Second International Conference, Held as Part of the Services Conference Federation, SCF 2018, Seattle, WA, USA, June 25-30, 2018, Proceedings (Lecture Notes in Computer Science #10973)

by Shijun Liu Bedir Tekinerdogan Mikio Aoyama Liang-Jie Zhang

This book constitutes the proceedings of the International Conference on Edge Computing, EDGE 2018, held in Seattle, WA, USA, in June 2018. The 9 full papers and 3 short paper presented in this volume were carefully reviewed and selected from 29 submissions. The contributions are organized in topical sections named: Research Track; Application and Industry Track; and Short Paper Track. They deal with the latest fundamental advances in the state of the art and practice of edge computing.

A Cross Border Study of Freezing Orders and Provisional Measures: Does Mareva Rule the Waves? (SpringerBriefs in Law)

by Tibor Tajti Peter Iglikowski

This book compares the law on provisional measures of common law and civil law countries, the goal being to identify and compare their main advantages and disadvantages. The guiding concept is a well-known statement by the Justices of the US Supreme Court expressed in the famous Grupo Mexicano case, according to which the “age of slow-moving capital and comparatively immobile wealth” has now passed, and the 21st century requires a fresh look at the law of provisional measures. In the quest to find a model for interim relief, the Mareva Injunction, subsequently renamed the ‘Freezing Order’ in the English Civil Procedural Rules, is used as the benchmark to which each of the targeted systems discussed here is compared. This is because international scholarship, as well as e.g. the US Supreme Court, generally consider the Mareva Injunction to be the most effective and farthest-reaching provisional remedy. The analysis suggests that the Mareva Injunction / Freezing Order represents the type of relief that will most likely continue to dominate as the most efficient and farthest-reaching interim measure in the years to come.

Internet of Things – ICIOT 2018: Third International Conference, Held as Part of the Services Conference Federation, SCF 2018, Seattle, WA, USA, June 25-30, 2018, Proceedings (Lecture Notes in Computer Science #10972)

by Dimitrios Georgakopoulos Liang-Jie Zhang

This book constitutes the proceedings of the International Conference on Internet of Things, ICIOT 2018, held in Seattle, WA, USA, in June 2018. The 13 full papers and 1 short paper presented in this volume was carefully reviewed and selected for inclusion in this book. The contributions are organized in topical sections named: Research Track – Architecture; Research Track – Smart IoT; Application and Industry Track; and Short Paper Track. They deal with research and application innovations in the internet of things services.

Services Computing – SCC 2018: 15th International Conference, Held as Part of the Services Conference Federation, SCF 2018, Seattle, WA, USA, June 25-30, 2018, Proceedings (Lecture Notes in Computer Science #10969)

by João Eduardo Ferreira George Spanoudakis Yutao Ma Liang-Jie Zhang

This book constitutes the proceedings of the International Conference on Services Computing, SCC 2018, as part of SCF 2018, held in Seattle, WA, USA, in June 2018. The 12 papers presented in this volume were carefully reviewed and selected from numerous submissions. The papers cover the science and technology of leveraging computing and information technology to model, create, operate, and manage business services.

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