Book Description
From the reviews: "The highly esteemed 1990 first edition of this book now appears in a much expanded second edition. The difference between the first two English editions is entirely due to the addition of numerous exercises. The result is a truly excellent book, balancing ideally between theory and practice. ....As already hinted at above, this book provides the ideal bridge between the classical (deterministic) life insurance theory and the emerging dynamic models based on stochastic processes and the modern theory of finance. The structure of the bridge is very solid, though at the same time pleasant to walk along. I have no doubt that Gerber's book will become the standard text for many years to come. Metrika, 44, 1996, 2
Customer Reviews:
Taxing book.......2000-04-28
This book is highly recommended for those who are interested in life insurance and superannuation models. It outlines various topics such as the actuarial mathematics and models for use in the analysis and actuarial management of life insurance and superannuation contracts. Topics covered include: the main forms of life insurance and annuity contracts, disability and long term care contracts and superannuation fund benefits; actuarial notation and the life table; moments of the value of the benefit payments; Thiele's differential equation for policy values; stochastic modelling of claims and benefit payments; gross premiums, net premiums, policy values and reserves; allowing for expenses and inflation; use of discounted emerging costs and profit tests; asset shares in life insurance; termination and alteration values; cost of guarantees; joint life functions; valuation of disability insurance contracts. If you are studying actuarial subjects that involve any of the above concepts then this book is recommended. Included are many questions with answers.
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Risk and Capital: Proceedings (Lecture Notes in Economics and Mathematical Systems)
Summer Workshop on Risk and Capital 1983 (University of Ulm) ,
Gunter Bamberg , and
Klaus Spremann
Manufacturer: Springer
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ASIN: 0387129235 |
Book Description
This study offers a unified theoretical structure to analyze exchange, formation of economic rights, and organization. The cost of measuring accurately all assets' attributes is prohibitive. Therefore, rights are never fully delineated and others (using theft, adverse selection, free riding, and shirking) may appropriate one's assets. The central question is how people allocate resources and organize their activities to maximize the value of their rights. The approach emphasizes nonmarket constraints, but is also applicable to market economies. It is useful for analyzing allocations within organizations as well as allocation by voting and charity. Chapters have been extended for this second edition and a new chapter devoted to the firm has been added.
Customer Reviews:
The basic question is "Who owns what?".......2006-07-24
This book deals with the economic sense of property rights, in other words, "who owns what?". Property rights are not defined uniformly across cultures since societies have discretion as to how to define those rights. In fact, they are very often not perfectly delineated. People can delineate those rights under the shadow of the law or ask a court to settle their case. The common view that commodities are homogenous entities with only one attribute gives rise to the conclusion that the right is either owned by someone or not owned. In real life, assets incorporate several attributes, whose ownership is not always perfectly delineated. Under certain circumstances it is too costly to measure and protect all assets' attributes. When circumstances change, conflicts can arise. Neoclassical literature instead assumes simplistically that transaction costs are zero and that all property rights are perfectly well delineated. Once you can take into consideration intermediate cases (common and private goods, environment, contractual rights etc) as Barzel does in this book, you can have a more complete model to price goods, which come logically from well-defined first principles. A must read for public economists and (why not?) lawyers.
Superb treatise on property rights........2000-06-22
This book is written from the neoclassical perspective and takes a sensible and thoughtful approach to property rights. This book provides the reader insight into how property rights define how society organizes itself. Building on Public Choice Theory, Barzel explores how property rights are delineated in many situations, addressing head on the Tragedy of the Commons.
For any study of law and economics this is a must read. But the reader must be cautioned that this is not an Economics 101 book. A solid grounding in the writings of Buchanan, Tullock, Arrow, Ostrum, Coase, and Olson are what is required to make this a comprehensible read.
The Meaning of Property Right Economics.......2000-03-24
This book, unlike many other books on new institutional economics, constructed some scientific theories on property right economics. It should be a suitable basis of learning scientific new insitutional economics. Once you have read this book, you will know the correct meaning of economics of property rights.
Customer Reviews:
pure Locke.......2001-02-28
This book is an absolute must not only for loyal followers of a natural rights theory as basis of the US constitution. Every scholar who wants to research the foundations of American constitutionalism in depth should have this book in the personal library. It his here that he will find pure Lockeanism and is here that Zuckert puts forward his case of Lockean natural rights and social contract theory as ideological basis for the founders in such a concise way that it is difficult to argue against his case. Of course this is what avid Zuckert readers are used to. This book, however, in referring to Jefferson as a natural rights thinker argues the natural rights theory with one of the most convincing witnesses you can find in American history: Thomas Jefferson. Zuckert depicts the Declaration of Independence and American political thought from an interesting perspective, Jefferson's viewpoint. He succeeds in disputing the main opposing theories to the natural rights theory such as the exemplary role of classical Greece and Rome, the continuity theory based on Puritan thought and Bailyn's point that Locke was only one among others influential on American political thought, to name just a few. I did note, however, a certain tendency to neglect historical facts especially as far as the influence of the English common law and Whiggish thought on the framers is concerned. Finally, that Zuckert did not examine the Constitution itself as closely as the Declaration of Independence is not only excusable. It serves a good purpose: to underline the importance of the Declaration of Independence as an outflow of quintessential American thought, thus a document America should be proud of.
Intellectual Tour de Force.......1999-12-25
Yet again, Michael Zuckert has produced a forceful, challenging, and overly fascinating work of scholarship. His previous work, "Natural Rights and the New Republicanism," in many ways a "prequel" to this volume, was a historical and not to mention philosophical landmark. This work picks up right where he left off. Part I of the work consists of an in depth analysis of the Declaration of Independence. This interpretration bristles with new insight. Unlike many past scholars, Zuckert makes an overt effort to place the Declaration in context. He does this by examining other sources of information, e.g. Thomas Jefferson's "Notes on Virginia" for instance. The end result, I must say, is brilliant. Contrary to modern conceptions, he demonstrates what the Declaration was really meant to say, and, at the same time, how philosophically sophisticated it really was. In Part II, Zuckert endeavors to prove that the United States was indeed founded as the natural rights republic, in a modern, dynamic, forward looking philosophical climate. To begin with, he picks apart the thesis that the American Revolution was merely an extension of the Glorious Revolution undertaken by the Whig ruling class in the late 1680s. This however, is nothing new, especially if one has already read his account of the Glorious Revolution and natural rights philosophy in his previous work. Nevertheless, he shows conclusively the incompatibility between the two Revolutions, primarily, but not wholly, through a comparison of the Declaration of Independence and the English "Bill of Rights." Moving on, Chapters 5 and 6 address the issue of Puritanism and its legacy in early America. Many scholars have proposed that the American Revolution was merely an extension of ideals held by the early Calvinist settlers of the 17th century. It is this thesis, however, that Zuckert completely demolishes. He conducts and in depth analysis of Puritan ideology, as well as its sources. Of particular interest is discussion of Martin Luther's concept of the "Two Kingdoms," and its influence in American thought. To make a long story short, he demonstrates how dramatically Locke's ideas clash with those of the early Puritans. This contention is driven home clearly by an examination of important political/relgious thinkers in 18th centiry New England, Elisha Williams and Jonathan Mayhew in particular. Finally, in Chapter 7 finds Zuckert further pushing his case for the natural rights republic. He takes on the so-called "classical republican" or "civic humanist" thesis expounded by such scholars as J.G.A. Pocock and Gordon Wood, deftly making mincemeat of them. Pressing on, he examines Thomas Jefferson's evolving political philosophy to reveal the truly radical, natural rightist foundations of American republicanism. Although the book is by and large solid, I do have several misgivings about it. First and foremost, Zuckert's Jefferson scholarship is highy suspect, as can be devined through use of Merill Peterson's biography, as the small, unscholarly Library of America collection of Jefferson's writings. I was very surprised that he did not cite Dumas Malone's definitive 6 volume biography "Jefferson and His Time," or Julian Boyd's definitive collection of Jefferson's papers. Also, Zuckert's refutation of the Puritan "Continuity Thesis," strikes me as a bit odd, as it does not prove anything at all concerning the colonies outside of New England, none of which have any Puritan heritage whatsoever. Despite these shortcomings, the work as a whole is brilliant. This volume, as well as his previous offering, is an absolute must for anyone interested in the relevant disciplines.
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Human Rights in the International Public Sphere : Civic Discourse for the 21st Century (Civic Discourse for the Third Millennium)
William Over
Manufacturer: Ablex Publishing
ProductGroup: Book
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ASIN: 1567504469 |
Book Description
Human Rights in the International Public Sphere has an interdisciplinary focus and can be used as a text in communication studies, cultural studies, political science, current events, discourse analysis, area and international studies, and other courses in the social sciences and humanities.
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Rights and Law Analysis and Theory
Andrew Halpin
Manufacturer: Hart Publishing
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ASIN: 1901362159 |
Book Description
Analyses the views of key jurisprudential thinkers on the subject of rights.
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Contemporary theories of rights.: An article from: Stanford Law Review
William H. Rehnquist
Manufacturer: Thomson Gale
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ASIN: B000JJSM7A
Release Date: 2006-10-16 |
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Citation Details
Title: Contemporary theories of rights.
Author: William H. Rehnquist
Publication:
Stanford Law Review (Magazine/Journal)
Date: April 1, 2006
Publisher: Thomson Gale
Volume: 58
Issue: 6
Page: 1997(54)
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Book Description
This digital document is an article from Global Jurist Topics, published by Berkeley Electronic Press on March 18, 2004. The length of the article is 4469 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: The development of private property rights in Communist Hungary and the theory of path dependent institutional change.
Author: Hugh Spall
Publication:
Global Jurist Topics (Refereed)
Date: March 18, 2004
Publisher: Berkeley Electronic Press
Volume: 4
Issue: 1
Page: NA
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Book Description
This digital document is an article from Columbia Journal of Gender and Law, published by Columbia Journal of Gender and Law on September 1, 2003. The length of the article is 5224 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Embracing complexity: human rights in critical race feminist perspective.(Why a Feminist Law Journal?)
Author: Hope Lewis
Publication:
Columbia Journal of Gender and Law (Refereed)
Date: September 1, 2003
Publisher: Columbia Journal of Gender and Law
Volume: 12
Issue: 3
Page: 510(11)
Distributed by Thomson Gale
Book Description
This digital document is an article from Social Theory and Practice, published by Thomson Gale on January 1, 2006. The length of the article is 8307 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Human flourishing and the concept of capital.
Author: Tony Smith
Publication:
Social Theory and Practice (Magazine/Journal)
Date: January 1, 2006
Publisher: Thomson Gale
Volume: 32
Issue: 1
Page: 137(18)
Distributed by Thomson Gale
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Genetic Diversity of Cultivated Tropical Plants
Cirad (Organization)
Manufacturer: Science Publishers
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