Publication is planned for May 2003 | Paperback
| 344 pages |
ISBN: 0-521-66663-5
Modern textbook presentations of production
economics typically
treat producers as successful optimizers.
Conventional
econometric practice has generally followed
this paradigm, and
least squares based regression techniques
have been used to
estimate production, cost, profit and other
functions. In such a
framework deviations from maximum output,
from minimum cost and
cost minimizing input demands, and from maximum
profit and profit
maximizing output supplies and input demands,
are attributed
exclusively to random statistical noise.
However casual
empiricism and the business press both make
persuasive cases for
the argument that, although producers may
indeed attempt to
optimize, they do not always succeed. This
book develops
econometric techniques for the estimation
of production, cost and
profit frontiers, and for the estimation
of the technical and
economic efficiency with which producers
approach these frontiers.
Since these frontiers envelop rather than
intersect the data, and
since the authors continue to maintain the
traditional
econometric belief in the presence of external
forces
contributing to random statistical noise,
the work is titled
Stochastic Frontier Analysis.
Contents
1. Introduction; 2. Analytical foundations;
3. The estimation of
technical efficiency; 4. The estimation and
decomposition of cost
efficiency; 5. The estimation and decomposition
of profit
efficiency; 6. The shadow price approach
to the estimation and
decomposition of economic efficiency; 7.
Incorporating exogenous
influences on efficiency; 8. The estimation
of efficiency change
and productivity change.
Publication is planned for July 2003 | Hardback
| 240 pages 30
line diagrams 22 tables | ISBN: 0-521-81283-6
Publication is planned for July 2003 | Paperback|
240 pages 30
line diagrams 22 tables | ISBN: 0-521-01226-0
This book provides an accessible collection
of techniques for
analyzing nonparametric and semiparametric
regression models.
Worked examples include estimation of Engel
curves and
equivalence scales, scale economies, semiparametric
Cobb-Douglas,
translog and CES cost functions, household
gasoline consumption,
hedonic housing prices, option prices and
state price density
estimation. The book should be of interest
to a broad range of
economists including those working in industrial
organization,
labor, development, urban, energy and financial
economics. A
variety of testing procedures are covered
including simple
goodness of fit tests and residual regression
tests. These
procedures can be used to test hypotheses
such as parametric and
semiparametric specifications, significance,
monotonicity and
additive separability. Other topics include
endogeneity of
parametric and nonparametric effects, as
well as
heteroskedasticity and autocorrelation in
the residuals.
Bootstrap procedures are provided.
Contents
1. Introduction to differencing; 2. Background
and overview; 3.
Introduction to smoothing; 4. Higher order
differencing
procedures; 5. Nonparametric functions of
several variables; 6.
Constrained estimation and hypothesis testing;
7. Index models
and other semiparametric specifications;
8. Bootstrap procedures;
References; Appendices.
London Mathematical Society Student Texts,vol.57
Publication is planned for September 2003
| Hardback | 250 pages
| ISBN: 0-521-82893-7
Publication is planned for September 2003
| Paperback| 250 pages
| ISBN: 0-521-53584-0
This work has arisen from lecture courses
given by the authors on
important topics within functional analysis.
The authors, who are
all leading researchers, give introductions
to their subjects at
a level ideal for beginning graduate students,
and others
interested in the subject. The collection
has been carefully
edited so as to form a coherent and accessible
introduction to
current research topics. The first chapter
by Professor Dales
introduces the general theory of Banach algebras,
which serves as
a background to the remaining material. Dr
Willis then studies a
centrally important Banach algebra, the group
algebra of a
locally compact group. The remaining chapters
are devoted to
Banach algebras of operators on Banach spaces:
Professor
Eschmeier gives all the background for the
exciting topic of
invariant subspaces of operators, and discusses
some key open
problems; Dr Laursen and Professor Aiena
discuss local spectral
theory for operators, leading into Fredholm
theory.
Contents
1. Banach algebras; 2. Harmonic analysis
and amenability; 3.
Invariant subspaces; 4. Local spectral theory;
5. Single-valued
extension property and Fredholm theory.
Series: Chicago Lectures in Mathematics Series
Cloth 0-226-07793-4 Spring 2003 Available
06/03. 216 p.
Paper 0-226-07794-2 Spring 2003 Available
06/03. 216 p.
In Exterior Differential Systems, the authors
present the results
of their ongoing development of a theory
of the geometry of
differential equations, focusing especially
on Lagrangians and
Poincare-Cartan forms. They also cover certain
aspects of the
theory of exterior differential systems,
which provides the
language and techniques for the entire study.
Because it plays a
central role in uncovering geometric properties
of differential
equations, the method of equivalence is particularly
emphasized.
In addition, the authors discuss conformally
invariant systems at
length, including results on the classification
and application
of symmetries and conservation laws. The
book also covers the
Second Variation, Euler-Lagrange PDE systems,
and higher-order
conservation laws.
This timely synthesis of partial differential
equations and
differential geometry will be of fundamental
importance to both
students and experienced researchers working
in geometric
analysis--a subject that has been central
in mathematics
worldwide for the last thirty years.
Description:
""This new edition of a classic
monograph that was
first published by Academic Press in 1983
was the first book to
describe those statistical methods that are
used to analyse
spatial data. Now part of the world-reknowned
Kendall's Library
of Statistics, this edition has been brought
entirely up-to-date.
Over the last 15 years analysis of spatial
data has grown to
become a large area of concern, in partiucluar
as environmental
and epidemiological research have grown.
Peter Diggle is
reknowned as one of the world experts in
spatial data analysis
and he has expanded the scope of the book
to include his current
research areas.""
Key Features:
* Substantially updated version of a very
popular book
* Will have data sets on the Web
* New chapter on spatial epidemiology