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Recommending Books for Purchase (Bulletin 160 - August 2021): OUP Latest Titles Published in June-July
Automated Machine Learning for Business by Kai R. Larsen; Daniel S. Becker
Publication Date: 2021-06-10
Description: Teaches the machine learning process for business students and professionals using automated machine learning, a new development in data science that requires only a few weeks to learn instead of years of trainingThough the concept of computers learning to solve a problem may still conjure thoughts of futuristic artificial intelligence, the reality is that machine learning algorithms now exist within most major software, including Websites and even word processors. These algorithms are transforming societyin the most radical way since the Industrial Revolution, primarily through automating tasks such as deciding which users to advertise to, which machines are likely to break down, and which stock to buy and sell. While this work no longer always requires advanced technical expertise, it is crucialthat practitioners and students alike understand the world of machine learning.In this book, Kai R. Larsen and Daniel S. Becker teach the machine learning process using a new development in data science: automated machine learning (AutoML). AutoML, when implemented properly, makes machine learning accessible by removing the need for years of experience in the most arcaneaspects of data science, such as math, statistics, and computer science. Larsen and Becker demonstrate how anyone trained in the use of AutoML can use it to test their ideas and support the quality of those ideas during presentations to management and stakeholder groups. Because the requisiteinvestment is a few weeks rather than a few years of training, these tools will likely become a core component of undergraduate and graduate programs alike.With first-hand examples from the industry-leading DataRobot platform, Automated Machine Learning for Business provides a clear overview of the process and engages with essential tools for the future of data science.
The Challenges of Technology and Economic Catch-Up in Emerging Economies by Jeong-Dong Lee (Editor); Keun Lee (Editor); Dirk Meissner (Editor); Slavo Radosevic (Editor); Nicholas Vonortas (Editor)
Publication Date: 2021-08-24
Description: Innovation is a pivotal driving force behind economic growth. Technological capability deepens and diversifies industrial activity, which fundamentally enhances growth potential. Consequently, failure to build effective technological capability can lead to slow long-term economic growth. This book synthesizes and interprets existing knowledge on technology upgrading failures in order to better understand the challenges of technology upgrading in emerging economies. The objective is to bring together diverse evidence on three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading, and the issues of technology transfer and technology upgrading. Knowledge on these three dimensions is synthesized at the firm, sector, and macro levels across different countries and world macroregions. Compared to the challenges and uncertainties facing emerging economies, our understanding of technology upgrading is sparse, unsystematic, and scattered. The recent growth slowdown in many emerging economies, often known as the middle-income trap, has reinforced the importance of understanding the technology upgrading challenges they experience. While our understanding of these issues from the 1980s and 1990s is relatively more systematised, the more recent changes that took place during the globalization and proliferation of global value chains, and the effects of the 2008 financial crisis, have not been explored and compared synthetically. The current effects of COVID-19, geopolitical struggles, and the growing concern around environmental sustainability add significant complexity to an already problematic situation. The time is ripe to take stock of our existing knowledge on processes of technology upgrading in emerging economies and make further inroads in research on this crucial issue.
New Developments in Evolutionary Innovation by Gino Cattani (Editor); Mariano Mastrogiorgio (Editor)
Publication Date: 2021-07-13
Description: The growth of evolutionary thinking has had a profound impact on economic theory and related fields such as strategy and technological innovation. An important paradigm that underlies the evolutionary theory of innovation is neo-Darwinian evolution. According to this paradigm, evolution is gradualist and based on the mechanisms of variation, selection, and retention. Since the 1970s, theoretical advancements in evolutionary biology have recognised the central role of punctuated equilibrium, speciation, and exaptation. However, despite their significant influence in evolutionary biology, these advancements have been reflected only partially in evolutionary approaches to economics, strategy, and innovation. The aim of this book is to review these advancements and explore their implications, with a particular emphasis on the role of serendipity and unprestateability in innovation and novelty creation.
Competition by Stefan Arora-Jonsson (Editor); Nils Brunsson (Editor); Raimund Hasse (Editor); Katarina Lagerström (Editor)
Publication Date: 2021-09-02
Description: One of the predominant trends of modern society is the pervasive presence of competition. No longer just a function of economic markets or democratic systems, competition has become a favoured tool for governing people and organizations, from the provision of schooling and elder care to the way we consume popular culture. Yet social scientists have played a surprisingly modest role in analysing its implications, as the discussion of competition has largely been confined to its narrow economic meaning. This book opens up competition for the study of social scientists. Its central message is that while competition seems ubiquitous, it should not be taken for granted or be naturalized as an inevitable aspect of human existence. Its emergence, maintenance, and change are based on institutions and organizational efforts, and a central challenge for social science is to learn more about these processes and their outcomes. With the use of a novel definition of competition, more fundamental questions can be addressed than merely whether or not competition works. How is competition constructed - and by whom? Which behaviours result from competition? What are its consequences? Can competition be removed? And, how do these factors vary with the object of competition - be it money, attention, status, or other scarce and desired objects? This book investigates these and more questions in studies of competition among and within schools, universities, multinational corporations, auditors, waste-disposal firms, fashion designers, and more.
Evolutionary Processes and Organizational Adaptation by Daniel A. Levinthal
Publication Date: 2021-08-26
Description: How do firms adapt? There are two basic starting points from which to answer that question. One is premised on ideas of rational choice and intentionality, while the other is a process of evolutionary dynamics. Both are well-defined and operate as powerful intellectual attractors. Using the ideas of Gregor Mendel as a useful touchstone, this book aims to construct a middle-ground between these two conceptions. The image of the "Mendelian" executive shows how we might effectively balance the ideas of godlike rational design on the one hand and evolutionary dynamics on the other. The perspective developed in this book is anchored on the two key primitives of path-dependence and artificial selection. The intentionality of the Mendelian executive allows for the conscious exploration of opportunities, rather than the happenstance of random variants, yet the constraining forces of path-dependence may lead these moves to adjacent spaces. This perspective also highlights the role of intentionality with respect to the selection and culling of strategic initiatives. The organization operates an "artificial selection" environment, as firms receive profits and losses and, in turn, mediate how these environmental outcomes are projected onto underlying elements and actors within the organization. In this spirit, exploration can be considered not merely as the distance in the underlying behavior from current action, but also as changes in the dimensions of merit by which initiatives are judged. The Mendelian executive is a catalyst and cultivator of promising pathways to unknown futures.
Playing the Market by Kieran Heinemann
Publication Date: 2021-08-17
Description: Nowhere in Europe are people more likely to enjoy a regular flutter in stocks and shares than in Britain. Whether we consider the millions of online stockbroking accounts or the billions spent on spread betting - it is a national pastime in today's Britain to play the markets. How did this distinctively British obsession with investment and speculation come about? Playing the Market tells this story by exploring the history of financial capitalism in Britain during the twentieth century from below. It explains how and why everyday British people increasingly invested, speculated, and gambled in stocks and shares from the outbreak of World War I, over the postwar decades and the Thatcher years, up until the premiership of Tony Blair. The study accounts for a momentous shift in attitudes towards stock market investment that occurred throughout the twentieth century. In the interwar period, traditional moral and cultural constraints about the stock market, which were still powerful in the Victorian period, gradually began to collapse in public and private life. In the following decades, financial securities lost their stigma of being either immoral or suitable only for the upper classes. Promising higher than average returns and a similar thrill of risk and reward as gambling in horses or the football pools, the stock market became a popular pastime for millions of Britons - even in the postwar decades, when Britain had nationalized industries and politicians of both parties indulged in staunchly anti-finance rhetoric. With the expansion of popular investment after both world wars, Britain developed a stock market culture that was unique across Europe and gave rise to a market populist sentiment that eventually proved fertile soil for the arrival of Thatcherism.
Financial Deregulation by Alexis Drach (Editor); Youssef Cassis (Editor)
Publication Date: 2021-07-15
Description: A wave of liberalization swept the developed world at end of the twentieth century. From the 1970s and 1980s onwards, most developed countries have passed various measures to liberalize and modernize the financial markets. Each country had its agenda, but most of them have experienced, to a different extent, a change in regulatory regime. This change, often labeled deregulation and associated with the advent of neoliberalism, was sharply contrasting with the previous era of the Bretton Woods system, which has sometimes been portrayed as an era of financial repression. On the other hand, a quick glance at financial regulation today - at the amount of paper it produces, at its complexity, at the number of people involved, and at the resources invested in it - is enough to say that, somehow, there is more regulation today than ever before. In the new system, financial regulation has taken unprecedented importance. As more archival material is becoming available, a better understanding of the fundamental changes in the regulatory environment towards the end of the twentieth century is now possible. What kind of change exactly was deregulation? Did competition between financial regulators lead to a race to the bottom in regulation? Is deregulation responsible for the recurring financial crises which seem to have characterised the international financial system since the 1980s? The movement towards a more liberal regulatory regime was neither linear nor simple. This book - a collection of chapters studying deregulation in various countries and contexts - examines the national and international pathways of deregulation by providing an in-depth analysis of a short but crucial period in a few major countries.
Monetary Policy in Times of Crisis by Massimo Rostagno; Carlo Altavilla; Giacomo Carboni; Wolfgang Lemke; Roberto Motto; Arthur Saint Guilhem; Jonathan Yiangou
Publication Date: 2021-08-10
Description: The first twenty years of the European Central Bank (ECB) offer a clear demonstration of how a central bank can navigate macroeconomic insecurity and crisis. As the global economy moves into a new phase of unheralded uncertainty, the story of the ECB holds multiple lessons of wider significance for the central banking community and researchers of monetary policy. This volume provides a unique account of how the ECB has reacted to the challenges confronting the euro area through its monetary policy, turning to innovative measures and unprecedented policy actions to fend off the various threats posed by the global financial turmoil of 2007/08, the euro area sovereign debt market crisis, and the subsequent period of anaemic growth and deflationary pressures. It also addresses some of the criticisms the ECB has faced regarding its policy initiatives. It identifies the ultimate motivation behind the ECB's cautious attitude in the early phases of the financial crisis, and its peculiar definition of price stability and attention for credit creation, as well as addressing the criticism that central banks were fundamentally unprepared to head off a major financial cataclysm as they were wedded to a deficient economic paradigm which made them blind to financial risks. It also shows that the ECB's unconventional low-interest policies have not compromised the position of financial intermediaries in the way commentators initially predicted they would. By condensing the facts and lessons of the first 20 years of the ECB, this volume will acquaint the reader with the structures and decision-making processes behind the complex, often controversial, crisis measures that were taken during some of the toughest economic challenges in the history of modern Europe, and provide them with fresh ex-post analysis on their effect on the real economy and inflation.
Cases Without Controversies by James E. Pfander
Publication Date: 2021-05-14
Description: This book offers a new account of the power of federal courts in the United States to hear and determine uncontested applications to assert or register a claim of right. Familiar to lawyers in civil law countries as forms of voluntary or non-contentious jurisdiction, these uncontested applications fit uneasily with the commitment to adversary legalism in the United States. Indeed, modern accounts of federal judicial power often urge that the language of the Article III of the U.S. Constitution limits federal courts to the adjudication of concrete disputes between adverse parties, thereby ruling out all forms of non-contentious jurisdiction. Said to rest on the so-called "case-or-controversy" requirement of Article III, this requirement of party contestation threatens the power of federal courts to conduct a range of familiar proceedings, such as the oversight of bankruptcy proceedings, the issuance of warrants, and the adjudication of applications for mandamus and habeas corpus relief. By recounting the tradition of naturalization and other uncontested litigation in antebellum America and coupling that tradition with an account of the important difference between cases and controversies, this book challenges the prevailing understanding of Article III. In addition to defending the power of federal courts to hear uncontested matters of federal law, the book examines the way the Constitution's meaning has changed over time and suggests a constructive interpretive methodology that would allow the Supreme Court to take account of the old and the new in defining the contours of federal judicial power.
Saving the News by Martha Minow
Publication Date: 2021-07-01
Description: A detailed argument of how our government has interfered in the direction of America's media landscape that traces major transformations in media since the printing press and charts a path for reform. In Saving the News, Martha Minow takes stock of the new media landscape. She focuses on the extent to which our constitutional system is to blame for the current parlous state of affairs and on our government's responsibilities for alleviating the problem. As Minow shows, the First Amendment of the US Constitution assumes the existence and durability of a private industry. Although the First Amendment does not govern the conduct of entirely private enterprises, nothing in the Constitution forecloses government action to regulate concentrated economic power, to require disclosure of who is financing communications, or to support news initiatives where there are market failures. Moreover, the federal government has contributed financial resources, laws, and regulations to develop and shape media in the United States. Thus, Minow argues that the transformation of media from printing presses to the internet was shaped by deliberate government policies that influenced the direction of private enterprise. In short, the government has crafted the direction and contours of America's media ecosystem. Building upon this basic argument, Minow outlines an array of reforms, including a new fairness doctrine, regulating digital platforms as public utilities, using antitrust authority to regulate the media, policing fraud, and more robust funding of public media. As she stresses, such reforms are not merely plausible ideas; they are the kinds of initiatives needed if the First Amendment guarantee of freedom of the press continues to hold meaning in the twenty-first century.
Data Subject Rights under the GDPR by Helena U. Vrabec
Publication Date: 2021-07-13
Description: Having control over personal data is regarded as a fundamental right in the EU. Since the General Data Protection Regulation (GDPR) became enforceable May 2018, old rights were strengthened, and a range of new rights were introduced. How to navigate the changing landscape of data subject rights under the GDPR framework is the focal point of this volume. At the centre of this discussion are five key rights: the right to information, the right to access, the right to data portability, the right to be forgotten, and the rights related to profiling (the right to object and the right not to be subject to automated decision-making). With a focus on how these fit into big data economies, this book gives practitioners and activists the knowledge of how to pursue claims while also pointing out inefficiencies where data subject rights are concerned in a big data environment. As legal guidance slowly develops and still appears fragmented, this volume tackles the gaps and provides a thorough analysis of data subject rights under the new GDPR framework and their legal operation.
Cloud Computing Law by Christopher Millard (Editor)
Publication Date: 2021-07-07
Description: Cloud computing continues to expand dramatically and the 'as a Service' model is now both mainstream and ubiquitous. Cloud now encompasses everything from the remote provision of essential computer processing and storage resources, through to delivery of complex business and government services, logistics, healthcare, education, and entertainment. The Covid-19 pandemic provided a striking demonstration of cloud computing's global scalability and resilience, as billions of workers and students switched in a matter of weeks to working and studying 'from home'. This book delivers an accessible analysis of the key legal and regulatory issues that surround cloud computing. Topics covered include contracts for cloud services, information ownership and licensing, privacy and data protection, standards and competition law, law enforcement access to data, and international tax models for cloud and other digital services. The book is organised in four parts. Part I explains what cloud computing is, why it matters, and what non-technical readers need to know about how it works. Part II includes a detailed review of standard contracts for 40 cloud services and highlights key legal and commercial issues that arise in negotiated transactions for cloud services. Ownership of, and access to, 'digital assets' are also explored. Part III focusses on the application of data protection and cybersecurity rules, including an in-depth assessment of the impact of the EU's General Data Protection Regulation (GDPR) on providers and users of cloud services. Finally, Part IV addresses governance issues relating to public sector use of cloud, access to cloud data by law enforcement authorities, competition rules and standards, and the disruption to global taxation models caused by the rapid shift to cloud services.
Projecting Imperial Power by Helen Watanabe-O'Kelly
Publication Date: 2021-09-09
Description: The nineteenth century is notable for its newly proclaimed emperors, from Franz I of Austria and Napoleon I in 1804, through Agustín of Mexico, Pedro I of Brazil, Napoleon III of France, Maximilian of Mexico, and Wilhelm I of Germany, to Victoria, empress of India, in 1876. These monarchs projected an imperial aura through coronations, courts, medals, costumes, portraits, monuments, international exhibitions, festivals, religion, architecture, and town planning. They relied on ancient history for legitimacy while partially espousing modernity. Projecting Imperial Power is the first book to consider together these newly proclaimed emperors in six territories on three continents across the whole of the long nineteenth century. The first emperors' successors--Pedro II of Brazil, Franz Joseph of Austria, and Wilhelm II of Germany--expanded their panoply of power, until Pedro was forced to abdicate in 1889 and the First World War brought the Austrian and German empires to an end. Britain invented an imperial myth for its Indian empire in the twentieth century, but George VI still had to relinquish the title of emperor in 1947. Using a wide range of sources, Projecting Imperial Power explains the imperial ambition behind the cities of Berlin, Paris, Vienna, and New Delhi. It discusses the contested place of the emperors and their empires in national cultural memory by examining how the statues that were erected in huge numbers in the second part of the period are treated today.
Voice and Inequality by Carew Boulding; Claudio A. Holzner
Publication Date: 2021-06-01
Description: The first large-scale study of political participation in eighteen Latin American democracies, focusing on the political participation of the region's poorest citizens. Political regimes in Latin America have a long history of excluding poor people from politics. Today, the region's democracies survive in contexts that are still marked by deep poverty and some of the world's most severe socioeconomic inequalities. Keeping socioeconomic inequality from spilling over into political inequality is one of the core challenges facing these young democracies. In Voice and Inequality, Carew Boulding and Claudio Holzner offer the first large-scale empirical analysis of political participation in Latin America. They find that in recent years, most (but not all) countries in the region have achieved near equality of participation across wealth groups, and in some cases poor people participate more than wealthier individuals. How can this be, given the long history of excluding poor people from the political arena in Latin America? Boulding and Holzner argue that key institutions of democracy, namely civil society, political parties, and competitive elections, have an enormous impact on whether or not poor people turn out to vote, protest, and contact government officials. Far from being politically inert, under certain conditions the poorest citizens can act and speak for themselves with an intensity that far exceeds their modest socioeconomic resources. When voluntary organizations thrive in poor communities and when political parties focus their mobilization efforts on poor individuals, they respond with high levels of political activism. Poor people's activism also benefits from strong parties, robust electoral competition and well-functioning democratic institutions. Where electoral competition is robust and where the power of incumbents is constrained, the authors find higher levels of participation by poor individuals and more political equality. Precisely because the individual resource constraints that poor people face are daunting obstacles to political activism, Voice and Inequality focuses on the features of democratic politics that create opportunities for participation that have the strongest impact on poor people's political behavior. Ultimately, Voice and Inequality provides important insights about how the elusive goal of political equality can be achieved even in contexts of elevated poverty and inequality.
The Spirit of Democracy by Sofia Näsström
Publication Date: 2021-08-20
Description: How does one revitalize democracy in times of crisis? Democracy is today challenged by populism and elitism, as well as by the resurgence of new forms of authoritarianism. The Spirit of Democracy: Corruption, Disintegration, Renewal shows that while we have good reasons to worry about the corruption of democratic practices and ideals, these worries are often attributable to questionable assumptions about what democracy is. Drawing on Montesquieu's classical work on the spirit of laws, the book sets out to reconceive the ways in which we understand and conceptualise modern democracy: from sovereignty to spirit. According to Montesquieu, different political forms are animated and sustained by different spirits: a republic by virtue, a monarchy by honour, and a despotic form by fear. This book argues that modern democracy is a sui generis political form animated and sustained by a spirit of emancipation. The removal of divine, natural, and historical authorities in political affairs unleashes a fundamental uncertainty about the purpose and direction of society. In a democracy, we respond to that uncertainty by sharing and dividing it equally. It emancipates us from a state of self-incurred tutelage. Based on this argument, the book develops a new theoretical framework for studying the corruption, disintegration, and renewal of democracy: what it is, how it begins, and where in society it plays out.
Four Internets by Kieron O'Hara; Wendy Hall; Vinton Cerf (Foreword by)
Publication Date: 2021-07-13
Description: The Internet has become a staple of modern civilized life, now as vital a utility as electricity. But despite its growing influence, the Internet isn't as stable as it might seem; rather, it can be best thought of as a network of networks reliant on developing technical and social measures to function, including hardware, software, standards, and protocols. As millions of new internet users sign on each year, governing bodies need to balance evolving social ideas surrounding internet use against shifting political pressures on internet governance--or risk disconnection. Four Internets offers a revelatory new approach for conceptualizing the Internet and understanding the sometimes rival values that drive its governance and stability. Four Internets contends that the apparently monolithic "Internet" is in fact maintained by four distinct value systems--the Silicon Valley Open Internet, the Brussels Bourgeois Internet, the DC Commercial Internet, and the Beijing Paternal Internet--competing to determine the future directions of internet affordances for freedom, innovation, security, and human rights. Starting with an analysis of the original vision of an "Open Internet," the book outlines challenges facing this vision and the subsequent rise of other internets popularized through political and monetary machinations. It then unravels how tensions between these internets play out across politics, economics, and technology, and offers perspectives on potential new internets that might arise from emerging technologies like artificial intelligence and smart cities. The book closes with an evaluation of whether all these models can continue to co-exist--and what might happen if any fall away. Visionary and accessible, Four Internets lends readers the confidence to believe in a diverse yet resilient Internet through a deeper understanding of this everyday commodity.
Financial Crises and the Limits of Bank Reform by Eileen Keller
Publication Date: 2021-07-28
Description: Financial Crises and the Limits of Bank Reform examines the responses that were implemented in France and Germany, two comparable European economies, in the aftermath of the global financial crisis from 2007/2008 with respect to the future economic role of the banks. While France pushed for greater independence from the banks by strengthening financial disintermediation and non-bank intermediation, Germany supported classic bank intermediation. Analysing the reasons for this puzzling difference, this book shows that the main lessons drawn from the crisis were the consequence of differing patterns of social learning, leading to changes in widely shared beliefs of specific aspects of banking. While these were related to the conditions of bank lending and the limits of bank intermediation in France, in Germany they were linked to the risks of financial innovation and financial sector concentration. The book draws on an in-depth analysis of French and German banking and financial sector reforms in the decades prior to the crisis, crisis management, and the responses implemented in the aftermath, featuring extensive interview data with over 70 professionals in addition to profound document and data analysis. It discusses alternative theoretical approaches and spells out the ontological foundations and behavioural implications of the social learning approach to policy change. Contrary to other accounts of the post-crisis reforms concentrating on regulatory change, the author focuses on how evolving financial practices and reform priorities mutually condition each other over time, forming distinctive developmental paths. As this book shows, it is only once we embed the reform options chosen in their specific institutional and socio-economic context that we fully understand the driving forces behind the post-crisis reforms.
The Political Economy of Automotive Industrialization in East Asia by Richard F. Doner; Gregory W. Noble; John Ravenhill
Publication Date: 2021-05-05
Description: East Asia is a powerhouse of automobile production. Yet, across the region, national automobile industries have had strikingly different patterns of development. Despite starting from equally low levels of performance and initially similar strategies, countries have experienced vastly different results. From Thailand's success as an assembly hub for foreign automakers and China's unexpected achievements in building its own car industry, to South Korea's impressive development of an integrated industry, to the Philippines' persistent weakness, these divergent paths offer a fascinating window into the determinants of economic growth. The Political Economy of Automotive Industrialization in East Asia provides a political explanation for why development strategies and performance have been so uneven within one of the world's most important regions. Utilizing interviews and original-language research from multiple nations, this book explains that factors such as market size and neoclassical economic policies alone cannot explain these patterns of development. Richard F. Doner, Gregory W. Noble, and John Ravenhill instead highlight the significance of two sets of factors: countries' very different capabilities for implementing policies and the political forces that help to explain the emergence of effective institutions. Through cross-national analyses of China, Taiwan, South Korea, Indonesia, Malaysia, the Philippines, and Thailand, the book sets up a clear structure for understanding industrial development and how it enables or constrains the capabilities of domestic firms. Brief comparisons with Brazil, Mexico, and other developing countries confirm the utility of the analytic framework and demonstrate how it is superior both to accounts in mainstream economics and much of political science, which fail to give sufficient emphasis to the role of public and public-private institutions, or provide an explanation of the political bases of those institutions. In a world where auto assemblers and suppliers are facing new challenges in an ever-evolving industry--such as the transition to electric and autonomous vehicles--this book offers a crucial perspective on the centrality of institutional capacities and political economy. By tracing the divergent trajectories of seven nations, The Political Economy of Automotive Industrialization in East Asia offers lessons beyond the automobile industry that illustrate the broader importance of institutions to economic growth.
The Oxford Handbook of Organizational Change and Innovation by Marshall Scott Poole (Editor); Andrew Van de Ven (Editor)
Publication Date: 2021-07-20
Description: Organizational change and innovation are central and enduring issues in management theory and practice. Dramatic changes in population demographics, technology, competitive survival, and social, economic, and environmental health and sustainability concerns means the need to understand how organizations repond to these shifts through change and innovation has never been greater. Why and what organizations change is generally well known; how organizations change is therefore the central focus of this Handbook. It focuses on processes of change -- or the sequence of events in which organizational characteristics and activities change and develop over time -- and the factors that influence these processes, with the organization as the central unit of analysis. Across the diverse and wide-ranging contributions, three central questions evolve: what is the nature of change and process?; what are the key concepts and models for understanding organization change and innovation?; and how should we study change and innovation? This Handbook presents critical evolving scholarship from leading experts across a range of disciplines, and explores its implications for future research and practice.
A Handbook for Wellbeing Policy-Making by Paul Frijters; Christian Krekel
Publication Date: 2021-07-27
Description: Around the world, governments are starting to directly measure the subjective wellbeing of their citizens and to use it for policy evaluation and appraisal. What would happen if a country were to move from using GDP to using subjective wellbeing as the primary metric for measuring economic and societal progress? Would policy priorities change? Would we continue to care about economic growth? What role would different government institutions play in such a scenario? And, most importantly, how could this be implemented in daily practice, for example in policy evaluations and appraisals of government analysts, or in political agenda-setting at the top level? This volume provides answers to these questions from a conceptual to technical level, by showing how direct measures of subjective wellbeing can be used for policy evaluation and appraisal, either complementary in the short-run or even entirely in the long-run. It gives a brief history of the idea that governments should care about the happiness of their citizens, provides theories, makes suggestions for direct measurement, derives technical standards and makes suggestions on how to conduct wellbeing cost-effectiveness and cost-benefit analyses, and gives examples of how real-world policy evaluations and appraisals would change if they were based on subjective wellbeing. In doing so, it serves the growing interest of governments as well as non-governmental and international organisations in how to put subjective wellbeing metrics into policy practice.