Kiasunomics 2

Author : Sumit Agarwal,Swee Hoon Ang,Tien Foo Sing
Publisher : World Scientific
Page : 304 pages
File Size : 48,7 Mb
Release : 2020-08-27
Category : Business & Economics
ISBN : 9789811217111

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Kiasunomics 2: Economic Insights For Everyday Life by Sumit Agarwal,Swee Hoon Ang,Tien Foo Sing Pdf

Have you ever wondered how one can save from taxi rides during surge pricing? Why you would shop more under sunny weather? What effects does a bankrupt neighbour have on residents living in the estate? How do people perceive risks during the coronavirus pandemic? Kiasunomics©2 explores these issues and more in a light-hearted and easy-to-understand manner, by showing the economic ramifications of individual choices through the lens of Teng, the protagonist of this book, and his family and friends. Based on research from the National University of Singapore, the book explains the influences and consequences of the decisions made by all of us, using simple economic logic.This sequel to , a finalist at the Singapore Book Awards 2018, fast forwards a couple of years and follows Teng in his mid-career as a taxi driver. Ferrying passengers for a living, Teng has to grapple with challenges arising from ride hailing services. As one of the breadwinners in a three-generation household, Teng's ability to make wise financial decisions in a fast-changing world becomes increasingly important in attaining his dream of moving his family up the socio-economic ladder.This book covers hot and timely topics, which include: falling prices of old Housing and Development Board flats, rising land prices, wealth disparity among households, the Central Provident Fund retirement policy, regulation of car population, ride hailing services, mobile payments, and the coronavirus pandemic. These are unravelled through the authors' application of research findings.The book brings to light the relevance of research, often seen as esoteric, on our daily life and decision making. It also bears on policy implications, particularly issues on transportation, health, housing, and retirement.

Author : Sumit Agarwal,Swee Hoon Ang,Tien Foo Sing
Publisher : Unknown
Page : 304 pages
File Size : 54,6 Mb
Release : 2020
Category : Consumer behavior
ISBN : 9811217106

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Kiasunomics© 2 by Sumit Agarwal,Swee Hoon Ang,Tien Foo Sing Pdf

Author : Sumit Agarwal,Swee Hoon Ang,Tien Foo Sing
Publisher : World Scientific
Page : 173 pages
File Size : 52,9 Mb
Release : 2024-01-30
Category : Business & Economics
ISBN : 9789811283475

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Kiasunomics 3: Economic Insights For Everyday Life by Sumit Agarwal,Swee Hoon Ang,Tien Foo Sing Pdf

Have you ever wondered whether the Build-To-Order scheme affects marriage and divorce? Do you think haze affects physical and intellectual characteristics of babies? Is there a relationship between foreign buyers and property transactions? Are women more strategic taxi drivers? These and more are discussed in Kiasunomics©3 in an easy-to-understand manner.Each chapter, written simply and light-heartedly, is self-contained and covers a different research topic conducted at the National University of Singapore. The research findings are discussed in conversational terms to help readers understand the influences and consequences of the decisions made by all of us, using simple economic logic.This edition covers topics including the effects of climate change on property prices, purchase behavior when there is an online security breach, effects of parental bankruptcy on children, food orders during COVID lockdown, and many more.The book brings to light the relevance of research, often seen as esoteric, on our daily life and decision-making. It also bears on policy implications, particularly issues on housing, retirement, and financing.

Author : Sumit Agarwal,Tien Foo Sing,Swee Hoon Ang
Publisher : World Scientific
Page : 288 pages
File Size : 47,5 Mb
Release : 2017-11-10
Category : Business & Economics
ISBN : 9789813233386

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Kiasunomics©: Stories Of Singaporean Economic Behaviours by Sumit Agarwal,Tien Foo Sing,Swee Hoon Ang Pdf

Have you ever wondered whether individuals born in the year of the Dragon are truly blessed? Or why you can't find a taxi when you need one? What about the effects of superstitious beliefs on housing prices? Kiasunomics© explores these issues and more in a series of stories through the lens of Teng, the protagonist of this book. Told in a conversational story-telling style yet grounded on rigorous research, the book explains the influences and outcomes of the decisions we make, using simple economic logic.The book follows the life journey of Teng — from birth to adulthood — and examines how seemingly innocuous decisions bear economic consequences on his life. It starts with the decision by Teng's parents to have him as a Dragon baby and shows how this decision affects not only his education but also his career and spending in the long term. The grown-up Teng in later chapters, is a taxi driver who learns that the daily budgeting of finances from many of his taxi-driving friends has proven to be poor financial planning. The story also shows how his purchase of a flat based on superstitious beliefs, and its location near a primary school and a Mass Rapid Transit station influences prices, and with some surprising results.This book touches the man on the street with issues that many Singaporeans can identify with. These include how Singaporeans' shopping in Johor affects their spending and savings; how different shoppers respond variedly to predictable promotions such as the Great Singapore Sale; how the haze or a mere nearby construction site affects water and electricity consumption; how playing golf elevates women's opportunities to sit on corporate boards; how Singaporeans' travel patterns are affected by their opinion towards public transportation; and how retirement poses financial challenges in silver years. These and many more are unravelled in the 20 stand-alone chapters through the authors' application of their research findings to day-to-day issues.Kiasunomics© brings to light that research can be made relevant to our daily living. Research helps us make sense of what we do and with that, we can learn to make better decisions for a smarter thinking nation.

Author : Sumit Agarwal,Yeow Hwee Chua
Publisher : World Scientific
Page : 322 pages
File Size : 40,8 Mb
Release : 2023-10-18
Category : Business & Economics
ISBN : 9789811267147

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Household Financial Management by Sumit Agarwal,Yeow Hwee Chua Pdf

This book is dedicated to showcasing the importance of household financial management through the lens of academic research, with the goal of enhancing the financial well-being of individuals.Through an exploration of households' financial choices over their lifecycle, the book aims to provide a comprehensive understanding of households' financial decision-making processes, grounded in economic models, policies, and data.This holistic perspective encompasses an awareness of the functioning of different market types and an appreciation of various cognitive and behavioral biases. As a result, readers would be better positioned to make informed financial choices.By further integrating theories and empirical evidence from economics and finance, the book provides readers with insights into actions they can take to circumvent common financial pitfalls and offers solutions for effectively addressing them.Supplementary Material Resources:Resources are available to students who adopt this textbook for their courses. These include: (1) PowerPoint deck. Please contact [email protected].

Author : Tong-s?ng Cho
Publisher : World Scientific
Page : 347 pages
File Size : 52,7 Mb
Release : 2013
Category : Business & Economics
ISBN : 9789814401661

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From Adam Smith to Michael Porter by Tong-s?ng Cho Pdf

This book provides a thorough explanation of the evolution of international competitiveness theories and their economic and strategic implications. The theories range from classical theories such as Adam Smith's theory of absolute advantage, to new theories such as Michael Porter's diamond model.

Author : Herbert J Kiesling
Publisher : World Scientific
Page : 280 pages
File Size : 40,9 Mb
Release : 2000-01-21
Category : Business & Economics
ISBN : 9789814495059

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Collective Goods, Neglected Goods by Herbert J Kiesling Pdf

This book argues that mainstream social scientists have failed to be useful because of misguided efforts to use objectivist methods employed in the natural sciences — of treating humans as “things”. It argues that the attempt to imitate the objectivism of natural scientists has caused social scientists to both neglect human collective goals and to overlook a virtual gold mine of empirical data which exists because humans can communicate their feelings, beliefs, and personal histories. This wealth of data exists because of the extraordinary amount of information humans possess due to their ability to interpret and remember their own experiences. Part 1 of the book discusses the ways in which objectivism has led to the undue neglect of human social goals across the social sciences. Part 2 deals with objectivist failures by using models where motivation depends equally upon all important social goals. Cooperative efforts are suggested, perhaps by using alternative organizational and institutional arrangements where universities would reorganize the social sciences into single divisions of human sciences. Contents:Methodological Failures:Collective Goods and Economic ScienceRationality and MotivationEmotionThe “Other” Social SciencesThe Evaluation of Collective Goods DeliveryNew Directions:What Can Be Done?Exploring the Human Subject Readership: Social scientists and policy practitioners. Keywords:Reviews: “Herb Kiesling's book challenges some of the basic assumptions and the ingrained habits of economists. He accuses them of scientism, or the inappropriate application of the methods of natural sciences to social science problems, and of neglecting whole categories of evidence derivable from introspection and careful interviewing techniques. The standard methodology of economics is wholly inadequate for dealing with people's valuations of collective goods and, as a result, policy advice coming from economists is biased against some of the collective goals important to us all. This provocative book raises important questions that should be addressed by economists and other social scientists.” Christopher Clague Emeritus Professor of Economics University of Maryland “An exciting and penetrating insight into the very human demand for collective goods and the unfortunate limits of social science and moral philosophy when they fail to offer guidance on how to integrate those human goals into analysis and policy formation.” C Eugene Steuerle Senior Research Associate and Section Chief The Urban Institute “Kiesling bluntly and courageously challenges us to find an integrative way of viewing human decision-making. A must read for anyone concerned with the methodology, reach, and rhetoric of social science and moral philosophy.” William Gorham President The Urban Institute

Author : Raymond W. Y. Kao
Publisher : World Scientific
Page : 233 pages
File Size : 44,9 Mb
Release : 2007
Category : Science
ISBN : 9789812704795

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Stewardship-based Economics by Raymond W. Y. Kao Pdf

Ownership-based economics has led to the rapid development and apparent universal success of the market economy. It is a system built on the deception of resource availability, ill-defined profit, and misled by the idea that an invisible hand can be an equitable system of distribution. It has resulted in a high living standard for a few select individuals, but at the expense of mankind and nature, ultimately culminating in the development of human conflict. This is a book with a blueprint for the twenty-first century, proposing a two-fold approach to easing the pressure on both the human race and the world we live in. It calls for a change of mindset from ownership to stewardship and a shift of responsibility to the corporate entities as a sub-system of the market economy.

Author : Jatikumar Sengupta
Publisher : World Scientific
Page : 244 pages
File Size : 40,8 Mb
Release : 2000
Category : Business & Economics
ISBN : 9810242662

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Dynamic and Stochastic Efficiency Analysis by Jatikumar Sengupta Pdf

This book extends the dynamic and stochastic analysis of economic efficiency by using the recent techniques of data envelopment analysis.New results and applications of these techniques in numerous areas of economics, finance and management are provided, including treatment of private sector industries, portfolio models in finance, quality control techniques in managerial performance, the role of market competition, policy applications in investment models in finance, risk aversion and efficiency, and technology and innovation.The most up-to-date tools of efficiency analysis developed here will be valuable for students and researchers in operations research, applied management science and applied microeconomics.

Author : Ngee Huat Seek,Tien Foo Sing,Shi Ming Yu
Publisher : World Scientific
Page : 300 pages
File Size : 44,5 Mb
Release : 2016
Category : Business & Economics
ISBN : 9789814689274

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Singapore's Real Estate by Ngee Huat Seek,Tien Foo Sing,Shi Ming Yu Pdf

"Singapore's Real Estate: 50 Years of Transformation documents the transformation and development of the real estate market in Singapore over the past 50 years. This volume is organised around two major themes, and covers issues from the "bricks and mortar" to the capital markets; and from local to international real estate markets. The themes aptly describe how real estate has played an important role in the economic development and growth of Singapore from a third world to a first world country. Written by well-renowned experts with deep academic and practical knowledge of the progress of real estate in Singapore, this book highlights the uniqueness of real estate markets and institutions in Singapore, which have constantly been replicated and adopted in other markets."--Provided by publisher.

Author : John C Leadley,Randy R Grant,Zenon X Zygmont
Publisher : World Scientific Publishing Company
Page : 732 pages
File Size : 50,5 Mb
Release : 2014-10-21
Category : Sports & Recreation
ISBN : 9789814583398

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Economics Of Intercollegiate Sports, The (Second Edition) by John C Leadley,Randy R Grant,Zenon X Zygmont Pdf

Why do universities place so much emphasis on athletics? Are the salaries of head coaches excessive? Should student-athletes be paid? Why is there so much cheating in college sports? Should athletic departments be subsidized by the university? Does Title IX unfairly discriminate against men's sports? This textbook is designed to help teach students about the business of college sports, particularly the big-money sports of football and basketball, allowing them to answer these and other important questions. The book provides undergraduate students with the information and economic tools to analyze the behavior of the NCAA, athletic conferences, and individual colleges and universities in the market for college sports. Specific topics include the markets for athletes and coaches, the importance of athletics for colleges and universities, the finances of athletic departments, the influence of the media in commercializing college sports, issues of race and gender, and the possibilities for reforming college sports.

Author : Sumit Agarwal,Zhiguo He,Bernard Yeung
Publisher : World Scientific
Page : 193 pages
File Size : 41,6 Mb
Release : 2020-12-23
Category : Business & Economics
ISBN : 9789811229398

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Impact Of Covid-19 On Asian Economies And Policy Responses by Sumit Agarwal,Zhiguo He,Bernard Yeung Pdf

On March 12th 2020, World Health Organization (WHO) declared the spreading of the new virus, 2019-nCoV, a pandemic. In Asia, the virus, more commonly referred to as COVID-19, has been spreading since the end of December. To contain the public health threat, almost all countries enforced a variety of measures, including lockdowns, to minimize face-to-face human interactions between the infected and the susceptible.While these vigilant measures save lives, they also generate a substantial negative economic shock that immediately halts demand and significantly disrupts supply, global production value chain and trade. The consequences are dire — considerable decline in output, massive surge in unemployment, countless bankruptcy cases, and unrelentless worries over financial stability. The result, a worldwide economic setback, is more severe than that experienced during the Great Financial Crisis of 2008-2009.Asia's experiences with COVID-19 precede that in the West. This fortuitous timing allows Asia to share its learnings drawn from experiences to benefit the world.The Asian Bureau of Finance and Economic Research's (ABFER) community has gathered a collection of insights to inform the public. Besides providing access to research on the pandemic conducted in Asia, these commentaries offer comprehensive information on the effects of the pandemic, the effectiveness of measures employed to contain it and the subsequent economic impacts from such implementation. With granular analyses of government policies and their associated economic rescue packages, these commentaries elucidate the hard trade-offs between public health protection and economic security. Finally, the commentaries address the broader impact of the pandemic on international trade, global value chains and society.

Author : Leung-chuen Chau,Francis T Lui,Kai Sun Kwong,Larry Dongxiao Qiu
Publisher : World Scientific
Page : 287 pages
File Size : 44,9 Mb
Release : 2001-09-04
Category : Business & Economics
ISBN : 9789814491006

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Industrial Development In Singapore, Taiwan, & South Korea by Leung-chuen Chau,Francis T Lui,Kai Sun Kwong,Larry Dongxiao Qiu Pdf

Economic analysis of the industrial experiences of the newly industrialized economies in Asia is generally lacking in the literature. This study attempts to fill that void by providing an in-depth discussion on the economic impact of the industrial policies of Singapore, Taiwan, and South Korea in the three-and-a-half decades after 1960.Throughout the study, a broad perspective of macroeconomic development is maintained. It is highly critical of the narrow-minded objective of certain governments in maximizing the pace of industrialization at the expense of general economic well-being.A comparative analysis of the industrial experiences of the three economies also shows a diversity of constraints and processes. Singapore relied on multinational corporations, Taiwan on returned engineers, and South Korea on chaebols. There appears to be no Asian formula for industrialization.In Hong Kong, there is an ongoing debate on whether some form of industrial policy should be introduced, in view of the perception that Hong Kong is lagging behind the other economies in terms of technology. Drawing on the experiences of the other economies, the concluding chapter of the book provides an informed and balanced answer to this question.

Author : John Denis Hey
Publisher : Wiley-Blackwell
Page : 264 pages
File Size : 55,9 Mb
Release : 1991
Category : Decision-making
ISBN : STANFORD:36105041124574

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Experiments in Economics by John Denis Hey Pdf

After a discussion of the methodological issues involved in experimental economics, the author provides accounts of particular experimental investigations covering individual and interactive behaviour and testing game and bargaining theory, decision-making under uncertainty, auctions and markets.

Author : Ng Yew Peng
Publisher : World Scientific
Page : 464 pages
File Size : 46,9 Mb
Release : 2017-09-28
Category : History
ISBN : 9789813221475

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What's In The Name? How The Streets And Villages In Singapore Got Their Names by Ng Yew Peng Pdf

Since 1819, more than 6,200 place (street and village) names divided into more than 3,900 name groups were known in Singapore. Based on digitised historical newspapers, dated back to 1830, municipal records and Malay dictionaries, the origins, meanings and date of naming for many place names are uncovered. As part of Singapore history, place names known since 1936 are recorded in this book. Although place names are fairly static in nature, there have been more than 100 name changes. The naming trends transitioned from English to Malay and then back to English names. Discover that Toa Payoh was not named after a big swamp, Anderson Road was named before John Anderson, a former Governor, took up his job and many more new findings in this exciting book. This book is a complete listing of all place names since 1936, together with the most comprehensive annotations to date — a first in Singapore. It is also the only book of its kind that analyses naming trends. Information on the origins or date of naming was based on primary sources such as old maps, minutes of municipal meetings, Chinese books and digitised newspapers. Contents: A Study of Singapore Place Names: IntroductionNomenclature of Singapore Place NamesThe Contents of Singapore Place NamesPlace Names of Chinese OriginStandardisation of Chinese Place NamesEvolution of Place NamesConclusionSingapore Gazetteer Since 1936 and Annotations Readership: This book is meant for students as well as the general public interested in finding out the history behind Singapore's place names. Keywords: Singapore;Place Name;Road;Street;Village;Toponymics;StatisticReview: Key Features: This is the most comprehensive book on the subject of toponymics using data from digitised newspapers dated back to 1830 that were unavailable in the pastUse of information from Chinese sources, of which no English books on the same subject has been attempted beforeAnalysis of place names and naming trends based on four main racial groups have not been performed previously