2 results (0,12254 seconds)

Show all filters

Brand

Merchant

Price (EUR)

Reset filter

Products
From
Shops

Routledge Revivals: The Efficiency of New Issue Markets (1992)

Routledge Revivals: The Efficiency of New Issue Markets (1992)

First published in 1992 The Efficiency of New Issue Markets provides a comprehensive overview of under-pricing and through this assess the efficiency of new issue markets. The book provides a further theoretical development of the adverse selection model of the new issue market and addresses the hypothesis that the method of distribution of new issues has an important bearing on the efficiency of these markets. In doing this the book tests the efficiency of the Offer for Sale new issue market which demonstrates the validity of the adverse selection model and contradicts the monopsony power hypothesis. This examines the relative efficiency of the new issue markets which demonstrates the importance of distribution in determining relative efficiency. | Routledge Revivals: The Efficiency of New Issue Markets (1992)

GBP 4.99
1

An Analysis of Amartya Sen's Development as Freedom

An Analysis of Amartya Sen's Development as Freedom

Amartya Sen uses his 1999 work Development as Freedom to evaluate the processes and outcomes of economic development. Having come to the conclusion that development is best summed up as the expansion of freedom Sen examines traditional definitions and understandings of the term. He says people tend to think of freedoms as economic (the freedom to enter into market exchanges) or political (the freedom to vote and be an active citizen) and tries to understand why the definition has been so narrow hitherto. He concludes that an evaluation of true freedom must necessarily include the freedom to access social services such as healthcare sanitation and nutrition just as much as it must acknowledge economic and political freedoms. Evaluating the relevance of the current thinking behind development Sen concludes that the term ‘freedom’ cannot simply be about income. In many ways measuring income does not account for various “unfreedoms” (manmade or natural bars to wellbeing) that hinder development. Sen’s evaluation is all the more powerful for its clarity: The freedom-centered perspective has a generic similarity to the common concern with quality of life. | An Analysis of Amartya Sen's Development as Freedom

GBP 6.50
1