The book examines the role of credit rating agencies (CRAs) in the subprime mortgage crisis. The CRAs are blamed for awarding risky securities ℓ́ℓ3-Aℓ́ℓ investment grade status and then failing to downgrade them quickly enough when circumstances changed, which led to investors suffering substantial losses. The causes identified by the regulators for the gatekeeper failure were conflic…
In rural England prior to the Industrial Revolution people generally married when they were not busy with work. Parish registers of marriage therefore form an important and innovative source for the study of economic change in this period. Dr Kussmaul employs marriage dates to identify three main patterns of work and risk (arable, pastoral and rural industrial) and more importantly to show the …
This book offers a comparative analysis of credit cooperative systems across 23 European countries. Cooperative banking has an important place in the financial, economic and social life of most European countries, and while cooperative banks, credit mutuals, credit cooperatives and credit unions share the spirit of cooperation and mutuality, they often have very different features, history and …
This book addresses a key issue in today's society: the safer transport of dangerous goods, taking into account people, the environment and economics. In particular, it offers a potential approach to identifying the issues, developing the models, providing the methods and recommending the tools to address the risks and vulnerabilities involved. We believe this can only be achieved by assessing …
This book focuses on assumptions underlying methods choice in program evaluation. Credible program evaluation extends beyond the accuracy of research designs to include arguments justifying the appropriateness of methods. An important part of this justification is explaining the assumptions made about the validity of methods. This book provides a framework for understanding methodological assum…
Sustainable wine businesses are being crafted around the world, fulfilling the industry's number one priority - leaving the land in better shape for the next generation. Using four case studies of wineries in both the Old and New Worlds, this book shows students and scholars how to develop and defend metrics for benchmarking wine business sustainability and justify new investments supporting th…
This edited book discusses the exciting field of Digital Creativity. Through exploring the current state of the creative industries, the authors show how technologies are reshaping our creative processes and how they are affecting the innovative creation of new products. Readers will discover how creative production processes are dominated by digital data transmission which makes the connection…
Since the mid-1990s, sustainability of large and persistent current account positions have been attracting much attention from policy makers and economists alike. Alongside global imbalances, sustainability of imbalances within the euro area, which started widening shortly after the introduction of the euro, raised much concern. While there exists a large body of theoretical and empirical liter…
The book Introductory Business Statistics by Thomas K. Tiemann explores the basic ideas behind statistics, such as populations, samples, the difference between data and information and most importantly sampling distributions. The author covers topics including descriptive statistics and frequency distributions, normal and t-distributions, hypothesis testing, t-tests, f-tests, analysis of varian…
This book is written as an introductory text, meant for those with little or no experience with computers or information systems. While sometimes the descriptions can get a bit technical, every effort has been made to convey the information essential to understanding a topic while not getting overly focused in detailed terminology.