The book offers an in-depth exploration of family economics, presenting contemporary research findings in a clear and accessible manner. It serves as a self-contained resource, making it suitable for both newcomers and those familiar with the field. By addressing the latest developments and theories, it highlights the significance of economic factors in family dynamics and decision-making processes.
This book, from organizational psychologist Dr. Andre Martin, shows companies how to better utilize touchpoints such as policies, communications, training, onboarding, performance, town halls, role descriptions, feedback, etc., to build a new path to worker engagement that is built on purpose (why the world is better with us in it), pride (how we see and value the contributions of each employee), progression (what are the experiences that will allow each of us to grow and contribute), and profit (how our work contributes to our consumers and our communities). Supported by case studies and research, this book will help companies attract and keep the top talents in their industry.
Situated in what now seems a remote corner of south-west Scotland, Wigtown was once an important county town. With its harbour and location at the lowest fording point of the River Cree, Wigtown was at one time part of a major network of land and sea routes, including a pilgrim route to Whithorn. The layout of the town is notable for its large market square, a reflection of its importance in the cattle trade in the medieval period. The town achieved burgh status in the thirteenth century, by which time it was an important trading centre, and the present arrangement of streets and burgage plots dates to this time. Today the principal access route is from the north, rather than through the East and West Ports which controlled access to the great market place. The burgh arms depict a three-masted sailing ship, demonstrating the importance placed on its maritime trade. This book examines both the town's political history, as it passed between the earldoms of Wigtown and Douglas, and its economic history, as it competed with Whithorn, before its eventual decline in the later nineteenth century. The authors use the surviving buildings to examine the development of the town from the medieval to the modern period. This book is part of the Scottish Burgh Survey - a series funded by Historic Scotland designed to identify the archaeological potential of Scotland's historic towns.
Theory and Policy Implications
Leading international economists offer new insights on recent developments in the economic analysis of the limits of insurability, with particular attention of adverse selection and moral hazard. Risk sharing is a cornerstone of modern economies. It is valuable to risk-averse consumers and essential for investment and entrepreneurs. The standard economic model of risk exchange predicts that competition in insurance markets will result in all individual risks being insured--that all diversifiable risks in the economy will be covered through mutual risk-sharing arrangements--but in practice this is not the case. Many diversifiable risks are still borne by individuals; many environmental, catastrophic, and technological risks are not covered by insurance contracts. In this CESifo volume, leading international economists provide new insights on recent developments in the economic analysis of the limits of insurability. They find that asymmetric information is a central reason why competition in insurance markets may fail to guarantee that mutually advantageous risk exchanges are realized in today's economies. In particular, adverse selection and moral hazard help explain why competitive insurance markets fail to provide an efficient level of insurance and hence why public intervention is required to solve the problem. The contributors offer theoretical models of insurance markets involving adverse selection as well as empirical analyses of health insurance and non-health insurance markets in countries including Australia, Sweden, Switzerland, and the United States. ContributorsLuis H. B. Braido, Mark J. Browne, Pierre-André Chiappori, Georges Dionne, Irena Dushi, Roland Eisen, Lucien Gardiol, Pierre-Yves Geoffard, Christian Gouriéroux, Chantal Grandchamp, Erik Grönqvist, Luigi Guiso, Paul Kofman, Hansjörg Lehmann, Gregory P. Nini