World Scientific Connecting Great Minds 2 019 ECONOMICS AND FINANCE HighlightsHighlights Economics and Finance Catalogue 2019

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by Dennis L Buchanan & edited by Michel Crouhy (NATIXIS, Editor-in-chief: by Graciela Chichilnisky Mark H A Davis (Imperial College France), Dan Galai & Zvi Wiener (The Tim Josling (Stanford) (Columbia University, USA) & Peter Bal London, UK) Hebrew University of Jerusalem, Israel) (Millemont Institute, USA)

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edited by Orley Ashenfelter (Princeton), by Victor R Fuchs (Stanford) Editor-in-chief: by Ronald W Jones Olivier Gergaud (KEDGE Business Teh-wei Hu (UC Berkeley) (University of Rochester, USA) School, France), Karl Storchmann (New York University, USA) & William Ziemba (UBC & London School of Economics, UK)

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edited by Dieter Ernst (East-West Center, by Henry Thompson by William T Ziemba (UBC & London by Alexander Lipton, USA & The Centre for International (Auburn University, USA) School of Economics, UK), Mikhail Quant of the Year 2000 Governance Innovation/CIGI, Canada) & Zhitlukhin (The Russian Academy of (MIT Connection Science, USA) Michael G Plummer (The Johns Hopkins Sciences, Russia) & Sebastien Lleo University, SAIS, Italy) (NEOMA Business School, France)

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by Robert Jarrow (Cornell) & edited by Pierre Perron edited by Charles-Albert Lehalle by Richard L Sandor (American Arkadev Chatterjea (Boston University, USA) (Capital Fund Management, France Financial Exchange, USA & (Indiana University, USA) & Imperial College London, UK) & Environmental Financial Products, Sophie Laruelle (UniversitéParis-Est LLC, USA & University of Chicago Law Créteil, France) School, USA) “Subscribe toEconomicsandFinance”inthesubjectline. Or [email protected] with www.worldscientific.com/page/newsletter/subscribe. To join,pleasevisitourwebsiteat and muchmore! worldwide conferences, special offers on our books and journals, Join ourMailingListtobeinformedoflatestpublications, Stay Updated • • • any ofthem. year [email protected] We haveproducedthesecataloguesofrelatedinterestforthe Other Catalogues Alternatively, you can visit our website at email [email protected]. or offices worldwide our of any contact Please book. a writing considering are you if you from hear to delighted be would We Interested inWriting aBook? website at purposes. Pleaseemailusat These are available upon request to lecturers for textbook adoption Textbook InspectionCopies You canalsoorderonlineat Alternatively,representatives. our contact to wish may you Please contactyournearestWorld Scientificoffice. How toOrder please visitwww.worldscientific.com. academics worldwide. To find out more about World Scientific, and researchers to content professional and academic Academies Press, amongst others, to bring highquality National US Foundation, Nobel the like organisations in various fields. World Scientific collaborates with prestigious publishes about professional andeducational communities. The company publisher ofbooksandjournalsforthescholarly, research, World Scientific Publishing is a leading independent About World ScientificPublishing from yourregularbookseller. International andInterregionalMigration by Reforms intheOECD Financing Universal Hilke Plassmann(INSEAD,France) Lectures inNeuroeconomics London, UK) edited by Transition Interviews withWorld LeadersontheSustainable Saving Ourselves by Stock MarketsandCorporateFinance edited by Theory andEvidence by A

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Economics and Finance Catalogue 2019

Studying Hong Kong Accounting 20 Years of Political, Economic and Social Developments Japanese Management and International edited by Tai Wei Lim & Tuan Yuen Kong Studies - Vol 15 (East Asian Institute, NUS, ) Fixed Revenue Accounting A New Management Accounting Framework Hong Kong’s role remains as a gateway for edited by Kenichi Suzuki, Hiromune Ishii global trading houses, businessmen, investors (Meiji University, Japan) & Bruce Gurd and traders. Hong Kong continues to be an (University of South Australia, Australia) open economy and has stuck to free trade policies, as one of the former four successful “…The authors’ work will provide readers with a deep understanding of the usefulness of FRA. “tiger economies” in East Asia. In the political and international In particular, the authors share the important relations realm, this book examines Hong Kong’s relations with China, points: acquiring and retaining fixed customers are useful for both other major powers and the world at large. It also covers domestic the stability of financial performance and increasing the number of developments, including legal developments. Other chapters in the book examine cultural developments in Hong Kong from specific case highly satisfied customers.” Hermawan Kartajaya studies of iconic animation character to trans-boundary popularity Founder & Executive Chairman, MarkPlus, Inc. of Hong Kong popular culture in China. Readership: Students and researchers who are keen to have a deeper Readership: This book is intended for students as well as professionals understanding of fixed revenue accounting. and the general public interested in understanding Hong Kong 160pp Nov 2018 culture, history and politics. 978-981-3237-25-4 US$88 £77 312pp Jul 2018 978-981-3223-54-7 US$118 £105 RELATED JOURNAL

Subscribe or Recommend Series on China’s Belt and Road Initiative - Vol 2 TIJA to your Librarian! China’s Belt and Road The Initiative and Its Financial Focus More information on page 33 by Xugang Yu (Dentons Law Offices, China), Cristiano Rizzi, Mario Tettamanti (Link To Beijing Consulting Partnership Enterprise, China), Fabio E Ziccardi (Milan University, Italy) & Li Guo (Peking University, China) Asian Economies The book provides an exceptional amount of Series on China-ASEAN Relations - Vol 1 information about how projects connected to China-ASEAN Relations (Volume 1) the BRI Initiative are financed and developed. The involvement of UBS Cooperation and Development clearly shows that financial institutions are interested in financing the Initiative. edited by Jianren Lu & Zuojun Fan (Guangxi University, China) Readership: Policymakers, academics, professionals, undergraduate translated by Fangfei Jiang (Chinese Academy and graduate students interested in China’s One Belt One Road of Social Sciences, China) Initiative, financial, China’s outbound investment and China-EU relations. This book is an annual publication on the relation between China and ASEAN countries. 356pp Jul 2018 It presents comprehensive and in-depth studies 978-981-3239-53-1 US$118 £105 on China-ASEAN cooperation and development by Chinese scholars - China-ASEAN cooperation, achievements and problems in politics, economy, diplomacy, security, military defense, maritime and cultural aspects. 4 NEW AND NOTABLE TITLES Readership: Policymakers, academics, professionals, undergraduate Contemporary South Korean Economy: Challenges and Prospects and graduate students interested in China-ASEAN relations. Min-Hua Chiang (East Asian Institute, NUS, Singapore) 444pp Apr 2018 Farewell to China’s GDP Worship 978-981-3228-90-0 US$148 £130 Jinzao Li (China National Tourism Administration, China) Merchants, Bankers, Governors China’s Change Peter J Drake The Greatest Show on Earth The New Silk Road: China Meets Europe in the Baltic Sea Region by Hugh Peyman Jean-Paul Larçon (HEC Paris, France) “Through the extraordinary array of people he Singapore Perspectives 2017: What If? has known and met over 40 years, Hugh Peyman Gillian Koh (Institute of Policy Studies, Singapore), et al. tells the story of today’s China in a way that has World Scientific Reference on Asia and the World Economy never been done before.” Tony Hall (In 3 Volumes) BBC Director-General Editor-in-chief: John Whalley Readership: General public interested in the social, political, economic and financial development of China as well as world affairs.

404pp May 2018 978-981-3231-42-9 US$78 £69 978-981-3231-99-3(pbk) US$38 £33 For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

East Asian Studies in the Singapore and Hong Kong: Perspective of Regional Integration Comparative Perspectives edited by Xinbo Wu (Shanghai International On the Occasion of the 20th Anniversary Studies University, China) of the Handover edited by Institute of Advanced Studies, This book analyzes the cooperation and NTU, Singapore challenges of East Asian countries in the process of integration. It includes 15 chapters This volume is a compilation of speeches and in four sections. The first section discusses the presentations delivered at the conference by impact of East Asia cooperation and economic heavyweight experts like Wang Gungwu, Antony integration. The second section emphasizes the Leung and Yang Jinlin on the road travelled election of political leadership in East Asia. The third section covers and the paths ahead for both cities. This volume is an invaluable the topics of East Asian cultural identity, history and norms. The fourth collection on Hong Kong and Singapore’s past, present and future. section studies the relationship between East Asia and the World. Readers can enjoy the salient analysis delivered with great thought Readership: Policymakers, academics, professionals, undergraduate and reflective humour. and graduate students interested in East Asian integration. Readership: Politics and economics undergraduates, general public.

316pp Jul 2018 150pp Dec 2018 978-1-938134-96-8 US$118 £104 978-981-3237-92-6 US$48 £42

2030 Vision for ASEAN-China Economic Impact in the Internet Strategic Partnership Plus Era Perspectives from Think-Tanks A Case Study of Shanghai edited by Yanjun Guo (China Foreign Affairs by Youmei Li, Feng Yin & Yongyou Nie University, China) (Shanghai University, China)

This book assesses ASEAN-China Strategic This book expounds how “Internet Plus” plan Partnership in the past 15 years by taking stock transforms and influences traditional economy, of the implementation of existing ASEAN-China impacts technological and economic aspects cooperation frameworks, mechanisms and of industries, extends its reach to people’s programs; defines overall goals and guiding daily lives and creates more profound social principles of the ASEAN-China Strategic Partnership toward the end of implications. In addition, the authors put forward constructive 2030; sets specific targets, to be reached in 2030; and offers strategies measures and suggestions for Shanghai to promote development of for the 2030 Vision to be aligned with the ASEAN Community Vision the “Internet Plus” era and to enhance the city’s economic impact and 2025 and the 2030 Agenda for Sustainable Development in the three service level as a core city. pillars of ASEAN-China cooperation. Readership: Students, researchers and the general public who want to Readership: Policymakers, academics, professionals, undergraduate know about the impact of the internet era in Shanghai. and graduate students interested in China-ASEAN relations. 359pp Jan 2019 168pp Aug 2018 978-981-3272-51-4 US$128 £115 978-981-3271-57-9 US$78 £70

Chinese Firms Going Global NEW AND NOTABLE TITLES Can They Succeed? 2016 Annual Competitiveness Analysis and Development Strategies by Joseph Healy (Judo Capital, Australia & for Indonesian Provinces University of Queensland, Australia) Khee Giap Tan (Lee Kuan Yew School of Public Policy, NUS, Singapore), et al. The global expansion of Chinese firms is a recent 2016 Annual Competitiveness Analysis and Growth Slowdown phenomenon, which is not well understood. The Analysis for ASEAN-10 5 book is aimed at providing an important context Khee Giap Tan (Lee Kuan Yew School of Public Policy, NUS, for understanding the challenges and biases Singapore), et al. Chinese firms face while going global, using 2016 Annual Competitiveness and Growth Slowdown Analysis for a multi-disciplinary approach weaving themes Sub-National Economies of India from history, contemporary Chinese politics, geopolitics, international Khee Giap Tan (Lee Kuan Yew School of Public Policy, NUS, relations, economics, finance, strategy, culture and society, together Singapore), et al with the role of management education in developing entrepreneurs’ 2016 Growth Slowdown Analysis by Income Thresholds and Annual capabilities for success. Update of Competitiveness Analysis for 34 Greater China Economies Khee Giap Tan (Lee Kuan Yew School of Public Policy, NUS, Readership: General readers interested in China’s Economy, China’s Singapore), et al. overseas investment, Chinese firms’ international strategies. 2016 Growth Slowdown Analysis, Ease of Doing Business Index, 236pp Jul 2018 and Annual Competitiveness Studies of Indonesia’s Sub-National 978-981-3235-93-9 US$58 £51 Economies Khee Giap Tan (Lee Kuan Yew School of Public Policy, NUS, Singapore), et al. Inaugural 2016 Ease of Doing Business Index on Attractiveness to Investors, Business Friendliness and Competitive Policies For more information, (EDB Index ABC) for 21 Sub-National Economies of India visit: www.worldscientific.com Khee Giap Tan (Lee Kuan Yew School of Public Policy, NUS, Singapore), et al. Economics and Finance Catalogue 2019

Urban Composite Development Index 2017 Annual Competitiveness Analysis and for 17 Shandong Cities Impact of Exchange Rates on Foreign Direct Ranking and Simulation Analysis Based on Investment Inflows to Sub-National Economies China’s Five Development Concepts of Indonesia by Khee Giap Tan, Xuyao Zhang, Tao Oei Lim & by Khee Giap Tan, Mulya Amri, Nursyahida Ahmad & Lin Song (Lee Kuan Yew School of Public Policy, Diamanta Vania Lavi (Lee Kuan Yew School of Public Policy, NUS, Singapore) NUS, Singapore)

The analysis provided in this book relates to the broad Indonesia’s diverse economic landscape and growing importance dimensions of urban development of Shandong in the global and regional stages warrant deeper understanding cities and can stand up to academic scrutiny as it of the economy at sub-national levels. This book is an update is based on rigorous methodological foundations. In addition, the study of ACI’s annual study of the competitiveness landscape of will remain accessible and appealing to policymakers as it offers tailored 34 Indonesian provinces. With 100 indicators covering four policy recommendations based on the analysis that will enable them to environments and 12 sub-environments of competitiveness, the take appropriate policy interventions in each city to improve their overall study’s unique methodology incorporates comparative strengths performance in urban development. This research will help to identify and weaknesses, and “what-if” policy simulations aimed at policy the strengths and weaknesses of each city and empower policymakers to suggestions for each province. formulate more effective development strategies. Readership: Policymakers, researchers, and the general audience Readership: Academics, undergraduate and graduate students, and interested in Indonesia’s economic development. professionals interested in China’s urban development in general, and Shandong’s in particular. 380pp Dec 2018 978-981-3272-27-9 US$158 £140 440pp Dec 2018 978-981-3272-33-0 US$168 £150 2017 Annual Competitiveness Analysis and Impact of Exchange Rates on Foreign Direct Balanced, Sustainable and Competitiveness Investment Inflows to Sub-National Economies Enhancement Study for Vietnam of India A Critical Evaluation with Development Potentials by Khee Giap Tan, Sasidaran Gopalan, Jigyasa Sharma & by Tien Loc Vu (Vietnam Chamber of Commerce and Industry, Vietnam), Puey Ei Leong (Lee Kuan Yew School of Public Policy, Khee Giap Tan, Trieu Duong Luu Nguyen & Duy Nguyen NUS, Singapore) (Lee Kuan Yew School of Public Policy, NUS, Singapore) This is the fifth edition of the Asia Competitiveness Institute’s Asia Competitiveness Institute (ACI) contend that Vietnam is at a critical flagship analysis of competitiveness covering the sub-national juncture in its development whereby a new wave of far-reaching reforms economies of India. The research in this study comes from an is required to address persistent structural weaknesses and unleash the effort to recognise the heterogeneity of India and how the country’s economic potentials. In addition, Vietnam’s new growth model variations in the dynamics of competitiveness pan out at the must tackle widening regional disparities which puts Vietnam at risk of sub-national level. becoming one country with two economies where the southern region of Vietnam pulls too far ahead of its northern and central counterparts. Readership: Academics, undergraduate and graduate students, Based on our analysis, we propose a comprehensive policy roadmap for and professionals interested in India’s economic development. Vietnam to achieve balanced and sustainable development for enhanced 210pp Dec 2018 competitiveness. 978-981-3272-30-9 US$128 £115 Readership: Researchers and advance graduates studying Vietnam developmental economics. 2017 Annual Competitiveness Analysis and 220pp Dec 2018 Impact of Exchange Rates on Foreign Direct 978-981-3273-02-3 US$138 £120 Investment Inflows to ASEAN Economies by Khee Giap Tan, Trieu Duong Luu Nguyen, Hui Yin Chuah & Duy Nguyen (Lee Kuan Yew School of Public Policy, 6 2017 Impact Estimation of Exchange Rate on Foreign NUS, Singapore) Direct Investment Inflows and Annual Update of Competitiveness Analysis for 34 Greater China This book recount the development experience of ASEAN over Economies the past 50 years, describe the long-term mega-trends which by Khee Giap Tan, Xuyao Zhang, Shida Zhou & Puey Ei Leong will shape ASEAN’s development trajectory, and propose a (Lee Kuan Yew School of Public Policy, NUS, Singapore) development vision with actionable policy recommendations for ASEAN to become the fourth-largest economy in the world Asia Competitiveness Institute’s flagship competitiveness study adopts a by 2030. comprehensive framework to measure competitiveness by incorporating Readership: Researchers and advance graduates studying ASEAN 102 indicators under four environments and 11 sub-environments. developmental economics. By undertaking the study at the sub-national level, it accounts for the considerable disparities within a large economy like Greater China. The 280pp Dec 2018 study’s unique methodology incorporates comparative strengths and 978-981-3273-05-4 US$148 £130 weaknesses, and what-if policy simulations aimed at policy suggestions for each sub-national economy and region.

Readership: Investors, policymakers and government stakeholders as well as those interested in China’s economic development. Save the 280pp Dec 2018 environment 978-981-3272-39-2 US$138 £120 Share this catalogue For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Handbook Is This the Asian Century? by Jong-Wha Lee (Korea University, South Korea) World Scientific Reference on Asia-Pacific Trade Policies This book comprises 25 articles which the (In 2 Volumes) author has published on the Project Syndicate edited by Kym Anderson (University of website since 2012. These articles are grouped Adelaide & Australian National University, into four broad topics: (1) Growth and Structural Australia) Adjustment, (2) Economic Integration and Cooperation, (3) Business, Money, and Finance, This two-volume reference work provides a timely update on how far the region has and (4) Education and Society. Through these come in opening markets. It analyses the selected works, the author explores whether motivations or ostensible objectives of the Asian Century is coming to pass or not and how Asian economies policies adopted in the past, the changing extent of the domestic prepare for such century. The author also presents his analyses of price distortions involved, the economic effects of those policies at Asia’s economic transformation as well as social and cultural changes, home and abroad, the political economy forces at work that brought and suggests the ways that Asian economies can overcome major about those policies and their subsequent reform, their consequences economic and social challenges to continue their path towards a more for international trade, economic welfare and poverty alleviation, balanced and sustainable growth in the 21st century. and prospects for sustainable improvements in current policies. Case studies of major East Asian economies and Australia reveal Readership: General readers interested in Asian economies and the how government priorities to assist farmers versus manufacturers policy debates on their future directions. has changed over the past century but especially since the 1980s, and how that has affected trade between natural resource-poor and 144pp Oct 2017 resource-rich economies. 978-981-3227-58-3 US$48 £42 Readership: Students, researchers, policymakers and professionals who are interested in the economics and politics of trade policies, agricultural economics, economic development, and food and Bestselling Handbook nutrition security in the Asia-Pacific region. The Economies of China and India (In 3 Volumes) 1315pp Mar 2019 Cooperation and Conflict 978-981-3274-66-2(Set) US$545 £480 Volume 1: China and India: The International Context and Introductory Offer till May 31, 2019 US$495 £435 Economic Growth, Manufacturing Performance and Rural Development Building Inclusive Democracies in Volume 2: Competitiveness, External Cooperation Strategy ASEAN and Income Distribution: Changes in China edited by Ronald U Mendoza (Asian Institute Volume 3: Economic Growth, Employment and Inclusivity: of Management, Philippines), Edsel L Beja Jr. (Ateneo de Manila University, Philippines), The International Environment Julio C Teehankee (De La Salle University, edited by Manmohan Agarwal (Centre for Development Studies, India Philippines), Antonio G M La Viña (Ateneo de & Research and Information Systems for Developing Countries, India), Manila University, Philippines) & Maria Fe Jing Wang & John Whalley (University of Western Ontario, Canada) Villamejor-Mendoza (University of the Editor-in-chief: John Whalley Philippines Diliman, Philippines) This volume set covers both China’s “Offering a multi-faceted look into the Asian political economy as and India’s strategies and objectives well as the dynamics underpinning inclusive growth in the region, in international governance, their this volume bridges the perspectives of experts and practitioners from a broad array of fields on what it means to achieve inclusive bilateral and multilateral trade growth... is a solid supplemental resource for individuals seeking a agreement negotiations, financial deeper understanding of the dynamics and issues surrounding the liberalization, growth prospects, Asian political economy.” rural development and agriculture, Fidel V Ramos income distribution, labor market President of the Republic of the Philippines (1992 – 1998) mechanism, manufacturing and Readership: Readers in political science, Southeast Asian studies, competitiveness upgrading, as well 7 political economy, and governance reform. as environmental and other social issues.

416pp Mar 2019 Readership: Students, researchers, and academics who are interested 978-981-3236-48-6 US$138 £121 in the interactions between and the dynamics of two of the world’s largest economies. Shadows Across the Golden Land 1020pp Feb 2017 Myanmar’s Opening, Foreign Influence and Investment 978-981-3100-39-8(Set) US$1100 £913 by Simon Tay (Singapore Institute of International Affairs, Singapore)

This book aims to provide readers with an assessment of recent developments in Myanmar that integrates on-the-ground experience and insider knowledge of the monumental events that have over the past few years shaken the country to its core. In order for readers to appreciate the affairs in contemporary Myanmar, the book retraces facebook.com/worldscientific major events in the country’s history from the postcolonial period to the recent Thein Sein administration, before analyzing the National League for Democracy’s track record up to the present day. Readership: Myanmar watchers and those with a casual interest in twitter.com/worldscientific the region.

150pp Jun 2019 978-981-3273-54-2 US$45 £40 Economics and Finance Catalogue 2019

Computational Economics / Finance Corporate Finance

Textbook Financial Strategies and Topics in Finance Quantum Methods in Social Science Selected Public Lectures of Professor A First Course Harold Bierman, Jr. from 1960 – 2015 by Emmanuel Haven (University of Leicester, UK), by Harold Bierman, Jr (Cornell) Andrei Khrennikov (Linnaeus University, Sweden) & Terry Robinson (University of Leicester, UK) By explaining complex financial strategies in a Shown here is how basic concepts of physics simplified manner, Professor Bierman makes can be used to improve models in finance, corporate finance accessible to the non-expert economics, psychology and biology. Readers reader as well. This collection of lectures covers are introduced to how physical theory can inform non-physical highly relevant topics with financial insights phenomena in the social sciences, thereby improving decision making and implications, that are very important to business managers and and modeling capabilities in research-based and professional settings. individual investors. Complex business decisions are simplified, Textbook: Request Inspection Copy at [email protected] allowing the logic of the decision process to become readily apparent. Readership: Advanced undergraduate or graduate students of Readership: Graduates of business schools and participants in the economics, finance and business, while also being of interest to those financial markets. with a background in physics. 256pp Feb 2018 978-981-3222-88-5 US$98 £86 276pp Aug 2017 978-1-78634-276-8 US$88 £73 978-1-78634-277-5(pbk) US$58 £35 Advanced Finance Theories by Ser-Huang Poon (Manchester University, UK) Series in Quantitative Finance - Vol 6 Simulating Copulas (2nd Edition) For PhD finance courses in business schools, Stochastic Models, Sampling Algorithms, there is equal emphasis placed on mathematical and Applications rigour as well as economic reasoning. This by Jan-Frederik Mai (XAIA Investment AG, book provides modern treatments to five Germany) & Matthias Scherer (Technische key areas of finance theories in Merton’s Universität München, Germany) collection of continuous time work, viz. “The book is essentially self-contained, as the portfolio selection and capital market theory, reader interested in copulas from the simulation optimum consumption and intertemporal point of view will find all necessary material in portfolio selection, option pricing theory, contingent claim analysis of it, including an introduction to copulas if he has never been exposed corporate finance, intertemporal CAPM, and complete market general to them. Both the theoretical and practical frameworks emerge quite equilibrium. Where appropriate, lectures notes are supplemented by clearly from the book. In any case, the rich bibliography contains all other classical text such as Ingersoll (1987) and materials on stochastic the references required for further in-depth analyses of specific issues. calculus. I think that the authors did a very good job, filling a gap in the statistical literature and providing a contribution that is going to be particularly Readership: Graduates, doctoral students, researchers, academic and helpful to statisticians without a specific background in copulas.” professionals in theoretical financial modeling in mainstream finance Mathematical Reviews or derivative securities. Readership: Advanced undergraduate and graduate students, 228pp May 2018 practitioners in financial industry and scientists. 978-981-4460-37-8 US$78 £69 356pp Aug 2017 978-981-3149-24-3 US$118 £98 Textbook Bestselling Textbook Mergers & Acquisitions 8 A Practitioner’s Guide to Successful Deals R in Finance and Economics edited by Harvey A. Poniachek (Rutgers University, USA) A Beginner’s Guide by Abhay Kumar Singh (Edith Cowan University, The authors provide extensive analytical review and applications Australia), David Edmund Allen (University of of the following critical M&A issues: valuation, leveraged buyouts, Sydney, Australia) payment methods and their implications, tax issues, corporate “One of the best R guides on the market! governance, and the regulatory environment, including antitrust in Although written for beginners, advanced users M&A. The book globalizes the M&A model by extending it to cross- also will learn a lot.” border business, risk and select hedging methods, and addresses Ostap Okhrin postmerger integration. Chair of Statistics and Econometrics, Dresden University of Technology, Germany Textbook: Request Inspection Copy at [email protected] This book provides an introduction to the statistical software R and its application with an empirical approach in finance and economics. It Readership: Graduate students and lecturers of mergers and is specifically targeted towards undergraduate and graduate students. acquisitions, MBA students and lecturers, and practitioners. Textbook: Request Inspection Copy at [email protected] 450pp Dec 2018 978-981-3277-41-0 US$98 £85 Readership: Undergraduate and graduate students who are interested in statistical software R and its applications.

264pp Feb 2017 978-981-3144-46-0 US$68 £56 For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Textbook Textbook Metals and Energy Finance Stock Markets and Corporate Finance (2nd Edition) by Michael Dempsey (RMIT University, Australia) Application of Quantitative Finance This book examines the nature of the stock Techniques to the Evaluation of Minerals, market and its implications for corporate Coal and Petroleum Projects management. It provides an introduction by Dennis L Buchanan & Mark H A Davis to core issues in finance and differs from (Imperial College London, UK) traditional textbooks in its recognition that Given the design component it involves, “finance is not physics” — in the sense that financial engineering should be considered equal to conventional how markets behave today is not necessarily how they will behave engineering. By adopting this complementary approach, financial tomorrow. Nevertheless, a certain level of “physics” can be recognized models can be used to identify how and why timing is critical in as underpinning the development of stock market valuations and optimizing return on investment and to demonstrate how financial corporate financial decision-making. engineering can enhance returns to investors. This book capitalizes on this approach, and identifies and examines the investment Textbook: Request Inspection Copy at [email protected] opportunities offered across the extractive industry’s cycle, from exploration through evaluation, pre-production development, Readership: MBA, undergraduate and graduate students looking for a development and production. The textbook also addresses the critical textbook on the nature of the financial sector and corporate similarities of a range of natural resource projects, whether minerals finance. or petroleum, while at the same time identifying their key differences. 528pp Oct 2017 978-1-78634-325-3 US$128 £106 Textbook: Request Inspection Copy at [email protected] 978-1-78634-326-0(pbk) US$78 £69

Readership: Professionals and graduate students in the field of mineral and petroleum business management. World Scientific Lecture Notes in Finance - Vol 1 295pp Jan 2019 Lecture Notes in Introduction to 978-1-78634-587-5 US$108 £95 Corporate Finance 978-1-78634-627-8(pbk) US$58 £50 by Ivan E Brick (Rutgers Business School at Newark and New Brunswick, USA)

This volume will introduce the reader to basic Handbook topics of corporate finance. The notes will World Scientific Reference on Contingent Claims provide an integrative model that will help Analysis in Corporate Finance (In 4 Volumes) students evaluate projects, examine financing Volume 1: Foundations of CCA and Equity Valuation alternatives and assess a firm. With problems Volume 2: Corporate Debt Valuation with CCA and detailed solutions at the end of each chapter, this volume will also Volume 3: Empirical Testing and Applications of CCA greatly benefit financial managers and investors. Corporate finance is Volume 4: Contingent Claims Approach for Banks and a discipline from the firm’s perspective and addresses the concerns Sovereign Debt of the Chief Financial Officer of the firm. Additionally, investors need edited by Michel Crouhy (NATIXIS, France), Dan Galai & Zvi Wiener to understand why firms make certain decisions so that they better (The Hebrew University of Jerusalem, Israel) recognize what drives firm value.

Black, Scholes and Merton Readership: Undergraduate and graduate students. introduced the contingent claim 264pp Apr 2017 analysis (CCA) to the valuation of 978-981-3149-88-5 US$98 £81 corporate debt and equity. The 978-981-3149-89-2(pbk) US$48 £40 CCA considers all stakeholders of the corporation as holding contingent claims on the assets of NEW AND NOTABLE TITLES 9 the corporation. Each claim holder has different priorities, maturities Computational Economics / Finance and conditions for payouts. In Economic and Business Analysis the four volumes we present the Frank S T Hsiao (University of Colorado, Boulder, USA) major academic research on CCA High-Frequency Trading and Probability Theory to corporate finance. Volume I covers the foundations of CCA and Zhaodong Wang (East China Normal University, China), et al. equity valuation. Volume II focuses on corporate debt and capital Corporate Finance structure. Volume III presents empirical evidence and applications to Case Studies for Corporate Finance (In 2 Volumes) various financial arrangements. The papers in Volume IV show how to Harold Bierman, Jr (Cornell) apply the CCA to deposit insurance and loan guarantees, contingent convertible bonds, and sovereign credit risk. Financial Analysis, Planning & Forecasting (3rd Edition) John C Lee (Center for PBBEF Research, USA), et al. Readership: Graduate students, college and university teachers, Lectures on Corporate Finance (2nd Edition) researchers and practitioners who are interested to understand Peter Bossaerts (California Institute of Technology, USA), et al. the approaches and methods required to sustain the viability of a The Singapore Blue Chips corporate enterprise. Nandini Vijayaraghavan (Thomson Reuters, Hong Kong), et al. 1200pp Mar 2019 The Value Sphere (4th Edition) 978-981-4730-72-3(Set) US$890 £739 John Boquist (Indiana University of Bloomington, USA), et al. Introductory Offer till Jul 31, 2019 US$795 £660 Economics and Finance Catalogue 2019

Developmental Economics

Handbook Governance Institutions and Handbook of International Economic Development Food and Agricultural Emerging China, India, East Asia and Brazil Policies (In 3 Volumes) by Kartik Roy (Bond University, Australia & University of Queensland, Australia) Volume 1: Policies for Agricultural Markets and Rural Economic “Roy’s book is a rich and detailed study Activity Volume 2: Policies for of various facets of economic and social Food Safety and Quality, Improved development in ten countries, both democratic Nutrition, and Food Security and authoritarian. Researchers and students will Volume 3: International Trade find here a wealth of information and statistics Rules for Food and Agricultural Products that can be mined to explore fundamental questions around state edited by William H Meyers, Thomas Johnson (University of Missouri, interventionism and modes of governance, around democratisation, USA), Donna H Roberts (formerly US Department of Agriculture’s Economic authoritarianism and economic development, around the factors Research Service, USA) & Karl Meilke (University of Guelph, Canada) driving the differential developmental performance of specific Editor-in-chief: Tim Josling (Stanford) countries, and around the desirability of economic growth at all costs.“ Jude A Howell This is a three-volume set that aims to provide an accessible reference London School of Economics, UK for those interested in the aims and implementation of food and farm policies throughout the world. The treatment is authoritative, Readership: Researchers in economic development and those studying comprehensive and forward looking. The three volumes combine the role of governance in economic development. scholarship and pragmatism, relating academic writing to real-world issues faced by policy-makers. A companion volume looking at the 520pp Jun 2018 future resource and climate challenges for global agriculture will be 978-981-3234-54-3 US$168 £148 published in the future. Readership: Students and researchers who are interested in economic Developmental State and development, agricultural markets and food systems; and policy- Millennium Development Goals makers and professionals involved in monitoring and regulating Country Experiences agricultural and food markets. edited by Kartik Roy (International Institute for Development Studies, Australia & Bond 1244pp Jan 2018 University, Australia) & Sandip Kar (International 978-981-3226-28-9(Set) US$995 £876 Institute of Management Science, India)

Business, Government and Labor Seven out of the eight United National Essays on Economic Development in Millennium Development Goals are social goals. Singapore and Southeast Asia The attainment of such goals would require a edited by Linda Y C Lim (University of Michigan, USA) substantial proportion of public sector expenditure. Without a robust This book analyzes the inter-linked and evolving rate of economic growth, whatever is achieved cannot be sustainable. roles of private sector business, government This book argues that this is the main reason why some of the largest public policy, and labor markets in the economic developing countries fell short in achieving the goals. development of Singapore and its Southeast Asian neighborhood. It does this through 16 Readership: Advance undergraduates taking developmental essays written by Prof. Linda Y C Lim, an early economics modules and researchers considering the sustainability and long-established scholar of these subjects, of the SGDs and MDGs. and published over a 35-year period. Readership: Economists, students and academics specializing in the 360pp Jun 2018 fields of development economics, international trade, Southeast Asia 978-981-3235-27-4 US$128 £113 and readers interested in knowing. 424pp Feb 2018 Textbook 10 978-981-3225-25-1 US$138 £121 The Economics of the Middle East Textbook and North Africa (MENA) (2nd Edition) Introduction to Microfinance by Joseph Pelzman (George Washington by Todd A Watkins (Lehigh University, USA) University, USA) Introduction to Microfinance provides a non- This book presents a unique approach to discuss technical introduction to the broad array of inclusive financial and non-financial services the MENA economies. It focuses on specific for the world’s poor. It explores the financial development issues and examines how it applies lives of those families, and the microfinance to the individual countries. In effect, the basis for comparison will institutions and rapidly growing industry that be an economic construct. This avoids biased comparison of one serve them. Written in close collaboration with country’s performance to another. The new chapters added in this college students for college students, under the auspices of one of 2nd edition include three broad explanations of the Arab Spring. the US’s leading undergraduate programs in microfinance, it is the first-ever introductory college textbook about microfinance. Textbook: Request Inspection Copy at [email protected] Textbook: Request Inspection Copy at [email protected] Readership: Economics and Finance, Development Economics, Readership: Undergraduates and graduates and those who are keen to International Economics, International Finance, Investment and know more about microfinance, development, and/or social investing. Finance, Markets and Institutions.

472pp Jun 2018 400pp Dec 2018 978-981-3140-73-8 US$128 £113 978-981-3203-97-6 US$88 £73 978-981-3143-00-5(pbk) US$68 £60 For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

2017 Annual Indices for Expatriates and Ordinary Bestselling Handbook Residents on Cost of Living, Wages and Purchasing Power for World’s Major Cities World Scientific Reference on Globalisation in by Khee Giap Tan, Duy Nguyen, Shida Zhou & Isaac Yang En Tan Eurasia and the Pacific Rim (Lee Kuan Yew School of Public Policy, NUS, Singapore) (In 4 Volumes) Volume 1: Foreign Investment This book provides a valuable compendium of annual indices and Volume 2: Innovation rankings of cost of living for expatriates and cost of living, wages Volume 3: Energy: Policy, Legal and Social-Economic Issues and purchasing power for ordinary residents in 105 world’s major under the Dimensions of Sustainability and Security cities over the period 2005-2015. Now in its third edition, the ACI’s Volume 4: Migration: Economic Drivers of Contemporary study reflects salient differences in costs of living for expatriate and Labour Mobility in East Asia ordinary urban dwellers which arise from variations in their lifestyles and consumption preferences. This is of critical significance as cost Editor-in-chief: David A Dyker (University of Sussex, UK) of living for the former is usually conflated as that for the latter by The multi-volume set centers on the general public. investment, innovation, energy Readership: Students; professionals; researchers; think-tanks; and, and migration in Eurasia and the policy makers interested in developmental economics and surveys Pacific Rim, with attention each on cost of living, wages and purchasing power between residents area’s production system (capital, and expatriates. innovation, raw materials and labour). The set is a must-have 710pp Dec 2018 for anyone keen to understand 978-981-3275-22-5 US$288 £255 the region whose manufacturing core can be described, without World Scientific Series in Grand Public Policy Challenges of the exaggeration, as the ‘ workshop 21st Century - Vol 1 of the world’ of the twenty-first Global Challenges for Future Food and Agricultural century. Policies Readership: Graduates, researchers and policymakers keen on edited by David Blandford (The Pennsylvania State University, USA) understanding the economics and globalization of a region critical & Katharina Hassapoyannes (European Parliament, Belgium) to the 21st century. Editor-in-chief: Tim Josling (Stanford) 1104pp Jan 2016 This book presents a comprehensive analysis of the inter-related 978-981-4447-79-9(Set) US$740 £614 policy challenges of food security, management of natural resources, climate change, and international governance. The book also offers valuable insights into options for effective policymaking with the goal of inducing positive policy changes to the food and agricultural sector. NEW AND NOTABLE TITLES Readership: Students and researchers who are interested in Developmental Economics economic development, agricultural markets and food systems; and 2016 Annual Indices for Expatriates and Ordinary Residents on Cost policymakers and professionals involved in monitoring and regulating of Living, Wages and Purchasing Power for World’s Major Cities agricultural and food markets. Khee Giap Tan (Lee Kuan Yew School of Public Policy, NUS, Singapore), et al. 400pp Jan 2019 978-981-3235-39-7 US$138 £121 Economic Growth and Development (3rd Edition) Hendrik Van den Berg (University of Nebraska-Lincoln, USA) Economics of the Middle East World Scientific Series in Grand Public Policy Julia C Devlin (Brookings Institution, USA) Challenges of the 21st Century International Economic Integration and Domestic Performance Hunger and Malnutrition as Major Mary E Lovely (Syracuse University, USA) Challenges of the 21st Century Environmental / Energy Economics edited by Raghbendra Jha (Australian National 11 University, Australia) Climate Finance Anil Markandya (Basque Centre for Climate Change, Spain), et al. The UN’s Sustainable Development Goal (SDG) Global Crisis and Sustainability Technologies for ‘Zero Hunger’ has refocused attention on Kenji Uchino (Pennsylvania State University, USA) hunger and malnutrition as major challenges for the 21st century and as essential desired goals Real Options in Energy and Commodity Markets Nicola Secomandi (Carnegie Mellon University, USA) for human development. This volume provides key insights on how these challenges for food security can be addressed globally and in a number of countries that face these challenges most acutely.

Readership: Graduate and doctoral students interested in microeconomics, game theory, and mechanism design.

350pp Jan 2019 Sign up for our 978-981-3239-90-6 US$128 £115 NEWSLETTER http://bit.ly/wspc-signup

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Environmental / Sustainable / Energy Economics

World Scientific Lecture Notes in Economics - Vol 4 Pollution Across Borders Lecture Notes in Urban Economics Transboundary Fire, Smoke and Haze in and Urban Policy Southeast Asia by John Yinger (Syracuse University, USA) edited by Euston Quah & Tsiat Siong Tan (NTU, Singapore) This book provides a wide-ranging introduction to urban economics and urban policy by This book is a collection of insights from experts Professor John Yinger, one of the world’s leading of various fields, and will entail discussions of scholars in urban economics. It draws on his the recurring haze problem in Southeast Asia. It extensive teaching and publication record to discusses multiple aspects of the haze problem. provide detailed lecture notes for both a PhD What is the cause of the haze? Who are the level course in urban economics and a master’s level course in urban perpetrators and victims? What are the impacts and costs of the haze? policy. Why has the haze problem persisted for decades? Are there prospects of resolving the pollution? How should we analyze the issue? Which Readership: Students and academics interested in urban economics solutions are more or less effective than others? How can we involve and urban policy. the stakeholders? 644pp Feb 2018 Readership: Graduates and researchers interested in environmental 978-981-3222-18-2 US$158 £139 978-981-3222-19-9(pbk) US$88 £77 aspects, transboundary haze, and general public interested in knowing more about haze.

348pp Jun 2018 Textbook 978-981-3203-91-4 US$128 £113 Housing and Commuting: The Theory of Urban Residential Sustainability and Development in Structure Asia and the Pacific A Textbook in Urban Economics Emerging Policy Issues edited by John Yinger (Syracuse University, USA) edited by Xiumei Guo & Dora Marinova This book presents a simple model of urban (Curtin University, Australia) residential structure and shows how the model’s The UN Sustainable Development Goals provide results change when key assumptions are made a common global agenda for development. more realistic. It provides a wide-ranging introduction to research on However, the emerging policy issues vary urban residential structure. Topics covered range from theoretical greatly across the world. With 32 contributors, analysis of urban structure with different transportation systems or this volume provides a timely, research-based multiple worksites to empirical work on the impact of local public overview for the need for policy interventions to improve the services on house values and the impact of racial prejudice and sustainability and development models of the ten selected countries discrimination on housing choices. in Asia and the Pacific. The volume is firmly positioned at the cusp between research, policy and practice. Textbook: Request Inspection Copy at [email protected] Readership: The book aims at a wider audience of readers, including Readership: Students and professionals in urban planning and urban researchers, academics, students, policy makers, professionals, economics. government and community members.

1056pp Feb 2018 444pp Aug 2018 978-981-3206-65-6 US$198 £174 978-981-3235-99-1 US$138 £120

12 The Energy Conundrum Reversing Climate Change Climate Change, Global Prosperity, and the How Carbon Removals can Resolve Climate Tough Decisions We Have to Make Change and Fix the Economy by Neil A C Hirst (Imperial College London, UK) by Graciela Chichilnisky (Columbia University, USA) & Peter Bal (Millemont Institute, USA) This book provides a comprehensive and balanced account of global energy policy; Who should reduce emissions — the rich or covering moral, political, social, technical and the poor countries? This book is about the 21st economic aspects of the subject. While The session of COP21 held in Paris in 2015 which Energy Conundrum does not offer easy solutions, brought together around 40,000 participants it provides the facts and evidence gathered in total. The title is co-written by Graciela from sources in government, industry, academia, and NGOs alike, Chichilnisky, who proposed and designed the carbon credit emissions for readers to understand the issues and make their own judgements. trading market.

Readership: University students, analysts and policy makers in Readership: A must read for academics and professionals studying, government, industry and NGOs, general public. implementing and analyzing global climate change policies; interested advance undergraduates and postgraduates interested in the follow 348pp Apr 2018 up of the Kyoto Protocol and UNFCCC 1992 founding. 978-1-78634-460-1 US$88 £77 200pp Nov 2018 978-981-4719-34-6 US$98 £81 978-981-4719-35-3(pbk) US$48 £40 For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Green Development of Asia-Pacific Handbook of Disaster Risk Cities Reduction & Management Building Better Cities Towards 2030 edited by Christian N Madu (University of edited by Zheng Zhao (Beijing Normal Nigeria, Nigeria & Pace University, USA) & University, China) Chu-Hua Kuei (Pace University, USA)

The book evaluates and analyses the level of The book takes an in-depth look at climate green development in over 100 major cities change and its association to socio-economic in Asia Pacific. A quantitative analysis of the development and cultures especially in relationship with economic growth, income vulnerable communities; and investigates distribution, innovation capabilities, service how communities can develop resilience to sector, governance levels, and city clusters are accumulated and disasters. A balanced and a multiple perspective approach to manage presented in the form of a new index; the Urban Green Development the risks associated with natural disasters is offered by engaging Index (UGDI). Amongst the cities discussed in the case studies are authors from the entire globe to proffer solutions. Penang (Malaysia), Singapore, Vladivostok (Russia), Portland (USA), Readership: Graduate students, researchers and practitioners in the Hamburg (Germany), and Stockholm (Sweden). field of disaster management, environmentalists, federal emergency Readership: Targeted at researchers and urban planners looking to management agencies, disaster risk managers. access cities on their sustainability performance. 956pp Sep 2017 420pp Nov 2018 978-981-3207-94-3 US$288 £253 978-981-3236-81-3 US$138 £121 Saving Ourselves Economics of Natural Disasters Interviews with World Leaders on the edited by Suman Kumari Sharma & Euston Quah Sustainable Transition (NTU, Singapore) edited by Yacine Belhaj-Bouabdallah (King’s College London, UK) Unlike existing books on the topic that cover more on non-economic aspects of natural “Reading these interviews with the world’s top disasters, this book covers economic aspects decision makers and experts on sustainable of natural disasters viz damage assessment, risk development and global warming will make management and resilience. The book contains you have your tail in the air urging action to several case studies and covers some of the save the planet.” major natural disasters in different countries, Rick van der Ploeg most notably the recent Nepal earthquake, tsunami in Fukushima, the Oxford University Indian Ocean earthquake and tsunami, floods in Thailand, the Hayan This book coverissues such preserving biodiversity, improving our typhoon, and the eruptions of Mount Merapi. It also suggests avenues food systems, building sustainable cities, and promoting good for better public policies to tackle economics of natural disasters. governance. Readership: Graduate students and researchers in the areas of Readership: General public. environmental economics, sustainable development, environment science, and public policy. 300pp May 2017 978-981-3220-74-4 US$88 £73 350pp Dec 2018 978-981-3220-75-1(pbk) US$38 £32 978-981-4723-22-0 US$118 £98

World Scientific Lecture Notes in Economics NOTABLE BACKLIST Economics, Game Theory and International Energy and Economic Theory Environmental Agreements Ferdinand E Banks (Uppsala University, Sweden) The Ca’ Foscari Lectures Energy Security and Geopolitics in the Arctic by Henry Tulkens (Universitécatholique de Louvain, Belgium) Hooman Peimani (Energy Studies Institute, NUS, Singapore) 13 This book aims to introduce students to the multidimensional Environmental Economics for Non-Economists (2nd Edition) character of international environmental problems in general, and John Asafu-Adjaye (The University of Queensland, Australia) climate change in particular. Ecology, economics, game theory and How I Saw It diplomacy are called upon and brought together in the common Richard L Sandor (Environmental Financial Products, LLC, USA) framework of a basic mathematical model. Within that framework, Renewable Energy Finance and using tools from these four disciplines, the book develops a Charles W Donovan (Imperial College Business School, UK) theory that aims to explain and promote cooperation in international environmental affairs.

Readership: Students and researchers who are interested in learning more about transboundary environmental issues, from an RELATED JOURNAL environmental economics and game theory perspective. Subscribe or Recommend 400pp Mar 2019 CCE to your Librarian! 978-981-3141-22-3 US$116 £102 978-981-3143-01-2(pbk) US$70 £61 Newly Indexed by Social Sciences Citation Index® Register with us today to receive FREE access to the selected articles. Economics and Finance Catalogue 2019

Textbook General Economics Climate Change and the Energy Problem (2nd Edition) Mastering Megatrends Physical Science and Economics Perspective Understanding and Leveraging the Evolving by David Goodstein (Caltech) & Michael Intriligator New World by Doris Naisbitt, John Naisbitt This important compendium deals with the primary world problems of global warming and From the author of bestseller, the coming energy crisis. In alternating chapters, Megatrends: Ten New Directions Transforming Our it lays out the nature of the two interrelated Lives, comes the new title on dealing with the problems, and specifies the various economic considerations. Thus, complexity of change. It is one thing to spot the it describes the coming shortfall of fossil fuel energy in detail and real trends from the fads, but it is another whole new ball game to deal with the incoming trend. then presents the economic factors governing possible solutions. This is the centrepiece of Mastering Megatrends.

Textbook: Request Inspection Copy at [email protected] Readership: General public. 208pp Feb 2018 Readership: Undergraduates, graduates, professionals, academics 978-981-3234-91-8 US$29 £26 and the general public interested in energy studies, environmental *Available in Asia only economics, geophysics and public policy. 96pp May 2017 Kiasunomics© 978-981-3208-34-6 US$28 £25 Stories of Singaporean Economic Behaviours by Sumit Agarwal, Swee Hoon Ang & Tien Foo Sing (NUS, Singapore)

Bestselling Handbook “Economics affects our daily lives profoundly. The WSPC Reference on Natural Resources and Yet, so few of us are aware of this. This book is a great gift to Singaporeans as it cleverly integrates Environmental Policy in the Era of Global Change research with storytelling to show the impact of (In 4 Volumes) Economics on our lives. I highly commend this Volume 1: Game Theory very readable book to Singaporeans and others. Volume 2: The Social Ecology of the Anthropocene: Continuity You will have fun as you learn.” Kishore Mahbubani and Change in Global Environmental Politics Dean, Lee Kuan Yew School of Public Policy, National University of Volume 3: Computable General Equilibrium Models Singapore, and co-author of The ASEAN Miracle: A Catalyst for Peace Volume 4: Experimental Economics Readership: General readers. Editor-in-chief: Ariel Dinar (UC Riverside) 288pp Jan 2018 The reference set focuses on 978-981-3233-36-2 US$58 £51 the economic and strategic 978-981-3234-53-6(pbk) US$28 £25 aspects of interactions among various parts of society, all Inequality and Global dependent on the availability Supra-surplus Capitalism and utilization of limited natural by E Ray Canterbery (Florida State University, USA) resources and their impact on the environment. Policy This book is written as a sequel to John Kenneth implications are addressed, Galbraith’s The Affluent Society, and provides including current challenges and a theoretical framework, for the first time, future perspectives. for surpra-surplus capitalism. It will explore problems with conventional theory and policy, Readership: Policy-makers and but its main thrust comprises a theory of supra- 14 officials of regional and international agencies, non-governmental surplus capitalism, applicable to both developed organizations, etc. and developing countries, and its relation to inequalities worldwide.

1632pp Dec 2016 Readership: Graduate and undergraduate students of contemporary and historical economics, researchers and academics of economics. 978-981-4713-68-9(Set) US$1200 £996 380pp Mar 2018 978-981-3200-82-1 US$128 £113

RELATED JOURNAL NOTABLE BACKLIST Economics and Management of Competitive Strategy Subscribe or Recommend Daniel F Spulber (Northwestern University, USA) WEP to your Librarian! Economics with Calculus Michael C Lovell (Wesleyan University, USA) Register with us today to receive Fundamentals of Economics for Business (2nd Edition) FREE access to the selected articles. David Barrows (York University, Canada), et al. Handbook of Tourism Economics Clement A Tisdell (University of Queensland, Australia) Indian Economic Superpower Jayashankar M Swaminathan (University of North Carolina, Chapel Hill, USA) Introductory Economics (4th Edition) Arleen J Hoag (Owens Community College, Ohio, USA), et al. For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Handbook Methodological Dimension of World Scientific Handbook in Financial Economics Series - Vol 6 Islamic Economics Handbook of the Economics of Wine by Masudul Alam Choudhury (Trisakti University, Indonesia) (In 2 Volumes) Volume 1: Prices, Finance, and Expert Opinion The theme of circular causation has nascent Volume 2: Reputation, Regulation, and Market Organization origin in the field of sociology of economics edited by Orley Ashenfelter (Princeton), Olivier Gergaud (KEDGE with vast development applications and with Business School, France), Karl Storchmann (New York University, USA) epistemological issues on modeling in the & William Ziemba (UBC & London School of Economics, UK) framework of the phenomenon of pervasive interconnectedness. Thus the sociological Over the last three decades, wine economics has emerged as a growing field within theme of epistemic unity of knowledge grounds the theory and agricultural economics, but also in other application of the theory and models of circular causation to the vast fields such as finance, trade, growth, realm of socioeconomic development issues. environmental economics and industrial Readership: For readers who are keen to understand the difference organization. This handbook takes a broad between Islamic Economics and mainstream economics. approach and familiarizes the reader with the main research strands in wine economics. 310pp Mar 2019 978-981-3275-78-2 US$118 £105 Readership: Graduate students and specialists in the field of wine economics.

1048pp May 2018 978-981-4740-57-9(Set) US$395 £348 Textbook Between Science and Economics - Vol 1 Experiments in Economics From Scientific Progress to Decision Making and Markets Economic Growth by John D Hey (University of York, UK) The Economics and Economy of Science by Frank Witte (University College London, UK) This book provides the most important publications of John D Hey over his almost This book provides an introduction to the vast 50-year career in academia, concentrating and varied field of the economics of science. It primarily on his publications in the field of is a unique blend of an economic perspective experimental economics. This is a field that has on the way science works, what makes scientists tick, and a study of grown dramatically over the last 30 years, and the impact of scientific and technological progress on economies and John D Hey has contributed significantly to its their growth. Whether it is about the speculative market of ideas or growth and development. The papers included in this volume cover the whole range from individual decision making, both static and science and technology as engines of the economy, there is something dynamic under risk and uncertainty, through games, bargaining and here for economists, engineers and scientists alike. auctions, to markets. The author has contributed in all these fields, and has pioneered much new methodology. Textbook: Request Inspection Copy at [email protected]

Readership: Graduate students and researchers in the field of Readership: Economics and science undergraduates, and graduate experimental economics. students in sociology of science or philosophy of science.

520pp Sep 2018 300pp Feb 2019 978-981-3235-80-9 US$158 £140 978-1-78326-316-5 US$76 £63 Economics for GCE A Level The Complete Guide Capitalism in the 21st Century by Christabelle Soh (Millennia Institute, Why Global Capitalism Is Broken and Singapore) & Benjamin Thong How It Can Be Fixed (Saint Andrew’s Junior College, Singapore) by Donghyun Park (Asian Development Bank, 15 Based on the new Economics syllabus of Philippines) the Singapore GCE A Level, this study guide Global capitalism is currently suffering from aims to explore relevant economic concepts, an unmistakable malaise, epitomized by wide theories, and issues. It draws extensively on real world examples, especially those relevant and growing inequality that is eroding popular to Singapore. The book is spread across 7 chapters and presented in support for capitalism. Such anti-capitalist a systematic and easy-to-understand manner. sentiment, coupled with a growing anti- globalization mood, delivered Brexit in a UK referendum and swept Readership: Students taking Economics at GCE level in Singapore. Donald Trump to the US presidency. In this book, internationally 360pp Nov 2018 well-regarded economist Dr Donghyun Park articulately explains 978-981-3230-41-5(pbk) US$28 £25 why more capitalism is needed to tackle global problems such as climate change and inhumane poverty. While defending capitalism against its unfair demonization, the author makes a positive case for NOTABLE BACKLIST entrepreneurial capitalism, which creates wealth and jobs as well as Concepts of Transportation Economics drives human progress. Barry E Prentice (University of Manitoba, Canada), et al. Economic Crisis and Rule Reconstruction Readership: General readers. Deming Chen (Former Chinese Minister of Commerce, China) 270pp Apr 2019 Labour Economics and Public Policy Soon Beng Chew (NTU, Singapore) 978-981-3274-23-5 US$68 £60 The World Scientific Reference on Entrepreneurship (In 4 Volumes) 978-981-3275-29-4(pbk) US$38 £35 Donald Siegel (University at Albany, SUNY, USA) Economics and Finance Catalogue 2019

World Scientific Lecture Notes in Economics World Scientific Studies in International Lectures in Neuroeconomics Economics by Paul W Glimcher (New York University, USA) & Hilke Plassmann Offshoring (INSEAD, France) Causes and Consequences at the Firm and Lectures in Neuroeconomics combines over 20 years of pioneering Worker Level edited by Holger Görg & Aoife Hanley research in neuroeconomics, the study of human decision making, (Kiel Institute for the World Economy, Germany) the ability to process multiple alternatives and to follow a course of action. Delivered in 24 lectures, Glimcher and Plassmann brings This volume brings together research papers together top experts in the field to create the first lecture note and dealing with the causes and consequences of handbook on the topic. offshoring. The first part considers causes and motives of offshoring. The second part then looks at the implications Readership: Postgraduates in decision-making sciences and decision- of offshoring for the firms involved. The implications for workers of based economics. offshoring are dealt with in the third part of the volume. 250pp May 2019 Readership: Graduate students and researchers in the fields of 978-981-4759-49-6 US$106 £88 globalization, international economics, international trade and 978-981-4759-50-2(pbk) US$53 £44 business.

400pp Nov 2018 978-981-3239-42-5 US$138 £120 Globalization

The Unwinding of the Globalist World Scientific Studies in International Dream Economics - Vol 59 EU, Russia and China Contributions to the Economics of edited by Steven Rosefielde (University of North International Labor Standards Carolina, Chapel Hill, USA), Masaaki Kuboniwa edited by Arnab K Basu & Nancy H Chau (Hitotsubashi University, Japan), Satoshi (Cornell) Mizobata (Kyoto University, Japan) & Kumiko Haba (Aoyama Gakuin University, Japan) This volume organizes and presents a number of new developments in the economics of This collection of essays documents and international labors standards. The first part of investigates the conflicts in Europe, Russia and this volume explores a series of labor market China that sparked populist revolts against the established globalist institutions particularly in developing country labor markets so far order in the European Union. The essays in this volume show that unexplored in international labor standards debate. The second globalism is not dead, but will have to reinvent itself to revive. part explores the effectiveness of policy intervention by explicitly recognizing policy implementation challenges. Readership: Academics, policymakers, professionals, graduate and undergraduate students insterested in populist revolts against the Readership: Intended for graduate students, researchers and policy globalization, new trends of international economics and political practitioners interested in economics of international labors economy. standards.

392pp Jan 2018 444pp Sep 2017 978-981-3222-06-9 US$138 £115 978-981-3142-74-9 US$148 £130

The Rise of Megacities Challenges, Opportunities and Unique Health Economics Characteristics edited by Jerzy Kleer (Polish Academy of Sciences, Healthcare Policies and Systems in Poland) & Katarzyna Anna Nawrot (Pozna´n Europe and China 16 University of Economics and Business, Poland) Comparisons and Synergies This book takes a multidisciplinary and edited by Attilio Mucelli (Marche Polytechnic University, Italy) & Francesca Spigarelli interdisciplinary approach to analysis of their (University of Macerata, Italy) growth. It examines both the major new challenges that the expansion of megacities Healthcare Policies and Systems in Europe and brings for development at large, and the opportunities they might China, a product of an interdisciplinary European create for the public good. In addition, it shows how more established Union-funded project, comprehensively cities, such as Tokyo, New York or European examples can provide investigates opportunities for mutual integration lessons for governance and development of rapidly urbanizing in the healthcare sector of the two regions and analyses policies at populations. both national and local levels, the legal environment, medical practices, as well as the state of respective healthcare industries and Readership: Students and researchers of development studies, urban related businesses. studies, international relations and the social sciences, as well as those interested in how the world economy is changing through Readership: Graduates, researchers and policy-makers seeking for a globalization. holistic understanding of healthcare policies and systems, both in theory and in practice. 480pp Apr 2018 978-1-78634-426-7 US$148 £130 516pp Jan 2018 978-981-3231-21-4 US$158 £139 For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

World Scientific Series in Health Investment and Financing - Vol 1 Handbook Financing Universal Access to World Scientific Series in Global Health Economics and Public Healthcare Policy - Vol 5 A Comparative Review of Landmark Healthcare Policy in East Legislative Health Reforms in the OECD Asia: A World Scientific by Alexander S Preker (Columbia University, USA) Reference (In 4 Volumes) “The International Hospital Federation (IHF) Volume 1: Healthcare System is committed to advancing the UHC agenda Reform and Policy Research in throughout the world, giving billions of people China better access to critical hospital care and basic health services when Volume 2: Healthcare System needed, no matter their income or geographic location in the world... Reform and Policy Research in Japan This volume is a tribute to the renewed effort in achieving ‘Health Volume 3: Healthcare System Reform and Policy Research in for All’.” Eric De Roodenbeke South Korea International Hospital Federation Volume 4: Healthcare System Reform and Policy Research in Taiwan Readership: Graduate and research-level students and instructors Editor-in-chief: Teh-wei Hu (UC Berkeley) of healthcare financing, healthcare policymakers, and healthcare professionals and investors. During the past three decades, healthcare systems in the East Asian 672pp May 2018 regions of China, Japan, South Korea, and Taiwan have undergone 978-981-3227-16-3 US$158 £139 major changes. Each system has its unique achievements and challenges. This reference set provides an in-depth comparative health policy analysis and discussion of healthcare reform strategies Health Economics and Policy in each of these systems. Selected Writings by Victor Fuchs Readership: Professionals, students and general public who are by Victor R Fuchs (Stanford) interested to understand the healthcare systems in China, Japan, “You have to be as old as I am to know how South Korea and Taiwan. long Victor Fuchs has been the dean of health 1200pp Jun 2019 economics. No one knows more, or has thought 978-981-3233-16-4(Set) US$895 £788 as carefully about all matters relating to health Introductory Offer till Aug 31, 2019 US$695 £612 care than Victor. He is a wise, caring and very funny man. Now more than ever, we need his wisdom, and here we have it in nice bite-sized World Scientific Series in Global Health Economics and Public Policy digestible portions, just like the doctor would order. Read it and learn.” Global Health Economics Richard Thaler Shaping Health Care Policy in Low- and Middle-Income Countries University of Chicago edited by Paul Revill & Marc Suhrcke & Mark Sculpher Winner of Nobel Prize in Economics (University of York, UK)

Readership: Graduate students, researchers and policymakers in the This book contains a collection of works showcasing the latest fields of health economics and healthcare policies. research into global health economics. The discussion delves into health care policy evaluation; economic evaluation and the application 668pp Jul 2018 978-981-3232-86-0 US$98 £86 of analysis methods; health equity and universal health coverage; consideration of cost-effectiveness thresholds and opportunity costs in the health sector; health system challenges and possible solutions; World Scientific Series in Health Investment economics of health workforce planning; and others. Case study and Financing examples from a variety of low- and middle-income countries (LMIC) Financing Micro Health Insurance settings are also showcased in the final part of this volume. Theory, Methods and Evidence Readership: Public health policymakers and analysts in low- and 17 by David Mark Dror (Micro Insurance Academy, middle-income country settings and those affiliated to international New Delhi, India) health organisations and donor organisations.

“This book offers a rare analysis of how peripheral 300pp Jul 2019 societies can develop health financing solutions 978-981-3272-36-1 US$118 £105 locally through consensus, self-governance, and self-financing. In fact, it shows that promoting community (‘micro’) solutions can contribute to achieving the global aim of universal health coverage.” Title of Interest Michael J Morrissey International Insurance Society Silver Shades of Grey Memos for Successful Ageing in the Readership: Students of economics, business administration, insurance, development studies, and social work, policymakers, and 21st Century implementers of micro health insurance. by Kanwaljit Soin

460pp Jan 2019 292pp Mar 2018 978-981-3238-47-3 US$138 £121 978-981-3231-33-7 US$48 £42 978-981-3233-73-7(pbk) US$28 £25 Economics and Finance Catalogue 2019

World Scientific Series in Health Investment and Financing Classic Textbook Financing Universal Access to Who Shall Live? Healthcare (2nd Expanded Edition) A Comparative Review of Incremental Health, Economics and Social Choice Health Insurance Reforms in the OECD by Victor R Fuchs (Stanford University, USA) by Alexander S Preker (Columbia University, “Who Shall Live? is deservedly a classic book. I USA & New York University, USA & Ichan School of Medicine at Mt. Sinai, USA) assign it as the only reading for the first class of the year in a health policy survey course because, This textbook for graduate and postgraduate except for the magnitude of the numbers, its university students and for healthcare policymakers reviews a set analysis, accessibility, and lucidity of exposition are as fresh as four decades of countries in the Organisation for Economic Co-operation and ago. And for the great many who have read the book at least once, there Development (OECD) that have introduced universal access to is a spiffy new introduction that gives Fuchs’reflections on the events of healthcare through an incremental expansion of health insurance the intervening years, including the health reform legislation of 2010.” coverage over time. Joseph P Newhouse Harvard School of Public Health and Readership: Graduate and postgraduate level students of healthcare Founding and current editor, Journal of Health Economics and policy, healthcare professionals, policymakers and investors.

450pp Dec 2019 Textbook: Request Inspection Copy at [email protected] 978-981-3271-54-8 US$138 £120 Readership: Undergraduates in economics, sociology and public policy; graduates in medicine, public health and public policy; Theoretical Health Economics physicians and other health professionals. by Hans Keiding (University of Copenhagen, Denmark) 388pp Jul 2011 978-981-4354-87-5 US$70 £58 Health economics arose in the interface 978-981-4354-88-2(pbk) US$42 £35 between the medical sciences and economics, the way of dealing with problems were often influenced by traditions which were well- established in the medical profession, while the classical way of thinking of economists came was History of Economic Thought filtering through at a slower pace. The present book is an introduction to health economics where the emphasis is Seeking Adam Smith on theory, with the aim of providing explanation of phenomena as Finding The Shadow Curriculum of Business far as possible given the current level of economics. by Eli P Cox III (University of Texas at Austin, USA)

Readership: Undergraduate and postgraduate economics students “Cox’s Seeking Adam Smith provides a penetrating looking for an introductory text on health economics. picture of how traditional economists were ill- 340pp Sep 2017 informed and limited in their portrayal of the 978-981-3227-81-1 US$128 £113 ideas of Adam Smith. He goes on to argue that their confusion resulted in substantial harm to our ethics and our economy. No one should reference Adam Smith without first actually reading the work Bestselling Handbook of Adam Smith and also reading Cox’s fascinating historical perspective.” World Scientific Series in Global Health Max H Bazerman Economics and Public Policy - Vol 3 Harvard Business School World Scientific Handbook of Global Health Economics Readership: This book is for anyone interested in business ethics, corporate social responsibility and in making corporate America and Public Policy better by educating a new generation of “responsible” executives. 18 (A 3-Volume Set) Volume 1 — The Economics of 280pp May 2017 Health and Health Systems 978-981-3206-72-4 US$98 £81 Volume 2 — Health Determinants 978-981-3206-73-1(pbk) US$30 £26 and Outcomes Volume 3 — Health System Characteristics and Performance edited by Richard M Scheffler (UC Berkeley) NOTABLE BACKLIST

“Understanding global health economics and policy has never been The Making of Economics (4th Edition) so important. This remarkable three-volume collection of chapters is Volume I: The Foundation sure to become the standard on health economics and health policy Volume II: The Modern Superstructure Volume III: The Radical Assault around the world.” David Cutler by E Ray Canterbery (Florida State University, USA)

Readership: Health economics students, health economists, policymakers, private sector companies, NGOs, government decision- makers and individuals who manage healthcare systems. Request for Inspection Copy

1628pp Apr 2016 Email: [email protected] 978-981-4612-31-9(Set) US$1200 £996 or scan the QR code For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

World Scientific Studies in International Classic Textbook Economics - Vol 68 A Brief History of Economics International Trade, Capital Flows (2nd Edition) and Economic Development Artful Approaches to the Dismal Science edited by Francisco L Rivera-Batiz by E Ray Canterbery (Florida State University, USA) (Columbia University, USA) & Luis A Rivera-Batiz (University of Puerto Rico, USA) Reviews of the First Edition “Canterbery’s unique style of presentation and The impact of rising global trade and investment breadth of vision manages to breathe new life remains one of the most controversial topics into the study of dead economists ... Really among academics, policymakers and the public helps the reader conjure up a vision of the economic times ... . A fine in general. This book offers a collection of articles outlining the diverse addition to the history of thought literature.” consequences of trade liberalization and the elimination of barriers Journal of Economic Issues to international capital flows. Overall, this volume adopts diverse Textbook: Request Inspection Copy at [email protected] scientific approaches in analyzing globalization and its consequences. Readership: Graduate students, researchers and policymakers Readership: Undergraduate and foundation level students, and interested in globalization, international and development fields. laymen. 464pp Jul 2018 560pp Dec 2010 978-981-3209-38-1 US$158 £140 978-981-4304-80-1(pbk) US$43 £36

World Scientific Studies in International International Economics / Trade Economics - Vol 67 Megaregionalism 2.0 World Scientific Studies in International Trade and Innovation within Global Networks Economics - Vol 65 edited by Dieter Ernst (East-West Center, USA International Trade Theory and & The Centre for International Governance Competitive Models Innovation/CIGI, Canada) & Michael G Plummer Features, Values, and Criticisms (The Johns Hopkins University, SAIS, Italy) by Ronald W Jones (University of Rochester, USA) This book provides new insights for policy With clear, simplifying prose, Jones elucidates debates on how to strengthen the gains from the Ricardian, Heckscher – Ohlin, and Specific- trade for innovation through an inclusive trading environment that Factors models of general equilibrium theory. facilitates access to knowledge for all. Rising economic nationalism, Jones’ pioneering work anticipates, among especially in the United States, creates new challenges to an other changes in our time, the creation of far-flung supply chains enlightened globalization agenda. brought about by the falling costs of service links. The theoretical, Readership: Graduate students, researchers, and policymakers in the technical, and historical insights in the text are peppered with personal fields of international economics, international trade law, patent law notes that capture modern intellectual development in the field, and the economics of standardisation. providing a bedrock foundation in international trade for students and practitioners alike. 532pp Jul 2018 978-981-3229-82-2 US$188 £165 Readership: Graduate students and researchers in the field of international economics.

388pp Feb 2018 978-981-3200-66-1 US$128 £113 NEW AND BESTSELLING TITLES The End of Online Shopping: The Future of New Retail in an Always Connected World World Scientific Studies in International Wijnand Jongen (Ecommerce Europe, The Netherlands & Economics - Vol 66 Thuiswinkel.org, The Netherlands) International and Interregional Nontariff Measures and International Trade 19 Migration John Christopher Beghin (Iowa State University, USA) Theory and Evidence Terms of Trade (2nd Edition) edited by Francisco L Rivera-Batiz Alan V Deardorff (University of Michigan, USA) (Columbia University, USA) Trade Policies for Development and Transition Global and regional migration flows have David G Tarr (The World Bank, USA) exploded in the last few decades. Written by Trade, Currencies, and Finance renowned migration expert, this book provides Morris Goldstein (Peterson Institute for International Economics, USA) a collection of articles offering a comprehensive overview of the economic analysis of migration flows and the associated policy issues. A rich discussion of the various theoretical approaches and empirical evidence available in economics is presented to analyze international and interregional labor migration. Overall, the book provides a guide for the serious, scientific analysis of migration flows.

Readership: Graduate students and researchers specialized in international, labor and development fields as well as those interested in migration topics.

432pp May 2018 978-981-3208-70-4 US$138 £121 Economics and Finance Catalogue 2019

Public – Private Relationships in World Scientific Studies in International Trade Policy-making Economics by Hyun-jung Je (Korea International Trade Policy Externalities and Association, Korea) International Trade Agreements by Nuno Limão (University of Maryland, USA) This book proposes an analytical framework to examine various levels of public engagement, The book is a selection of published articles both in the international and national arena. By examining how policy externalities motivate analyzing the WTO at the international level, and and can be addressed by international the US, EU, and Korea at the national level based trading institutions. The studies provide on the author’s proposed framework, this book groundbreaking evidence of the role of goes beyond a mere descriptive approach to public engagement in international market power and policy uncertainty as motives for trade policy-making to offer meaningful implications for policymakers trade agreements and on the potential clash between preferential in developing countries, which are increasingly acknowledging the trade liberalization (e.g. European Union, NAFTA) and multilateral importance of public – private relationships in the field of trade. agreements (WTO).

Readership: Government officials, international organisations. Readership: For researchers and graduate students, economics and finance professionals. 184pp Aug 2018 978-981-3237-67-4 US$88 £75 400pp Nov 2018 978-981-3147-97-3 US$138 £115

Surveys of International Trade edited by Yin-Wong Cheung & Bharat R Hazari World Scientific Studies in International Economics (City University of Hong Kong, Hong Kong) Technology Transfer, Foreign Direct Investment, and the Protection of Intellectual Property in the This volume incorporates important surveys from a historical Global Economy perspective. The masterly survey of Bhagwati provides great intuition edited by Kamal Saggi (Vanderbilt University, USA) about trade theoretical results and Chipman’s three surveys present the mathematics of trade theory. These are very deep surveys from This volume collects 26 papers covering channels of international a mathematical point of view and show, for example, the Ricardian technology transfer; multinational firms, market structure, and welfare; model as an application of Quasi-Concave programming and also intellectual property rights, foreign direct investment, and innovation; the magnificent use of Sperner’s Lemma for the odd and even flexibilities contained in the Agreement on Trade-Related Aspects intersections that occur in some problems in trade theory. There are of Intellectual Property Rights (TRIPS); exhaustion of intellectual also other surveys bringing the literature up to date and covering property rights and compulsory licensing of patents; trade, foreign specific topics in trade theory. direct investment, and industrial policy; and, oligopolistic competition, research and development, and vertical contracts. Readership: Graduate students and researchers in the field of international trade. Readership: Advanced undergraduate and postgraduates taking advance classes in international trade and economic development. 300pp Dec 2018 978-981-3238-59-6 US$128 £113 320pp Jun 2019 978-981-3233-01-0 US$128 £113

World Scientific Studies in International Economics Advances in Research on Islamic Economics and Finance Economic Analysis of the Rules Islamic Perspectives on a Moral Approach to and Regulations of the World Trade Economics Organization by Toseef Azid (Qassim University, Saudi Arabia & Wayne State edited by Kamal Saggi (Vanderbilt University, USA) University, USA), Murniati Mukhlisin (STEI Tazkia, Indonesia) & Mohd Hairul Azrin Haji Besar (Universiti Brunei Darussalam, Brunei This volume collects 20 papers on the following Darussalam) topics: non-discrimination in the multilateral 20 The current state of dissatisfaction with economic issues are not due trading system; preferential trade agreements to primarily economic reasons, but instead, on how whole societies and multilateral trade liberalization; sustaining and communities have come to revolve only around the individual’s international tariff cooperation; and case-studies of WTO disputes. well-being. Islamic Perspectives on a Moral Approach to Economics Readership: Advanced undergraduate and postgraduates taking provides an overview of how followers of Islam think, earn, and treat advance classes in international trade and economic development. others with whom they are doing business, and analyses how the moral climate is key for doing business in the Islamic economy and 320pp Nov 2018 market. The book also discusses the concept of a moral market against 978-981-3233-04-1 US$128 £113 that of the Islamic moral market, its advantages over the conventional market and moral market, and analyses its role in redistributive justice. Islamic Perspectives on a Moral Approach to Economics is a new and novel contribution to the global debate on how moral values and religion can increase behavior that reduce the state of selfishness currently prevalent in economic affairs.

Readership: Students and professionals interested in Islamic Economics .

www.worldscientific.com/page/ecatalogues 250pp Sep 2019 978-981-3235-09-0 US$118 £104 For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Entrepreneurship in Western World Scientific Studies in International Europe Economics - Vol 62 A Contextual Perspective International Trade and Labor by Léo-Paul Dana (Montpellier Business School, Markets France) Welfare, Inequality and Unemployment by Udo Kreickemeier (TU Dresden, Germany) “This book is ideal for an undergraduate classroom as an introduction to western This volume collects theoretical papers on the European entrepreneurship. However, it would labor market effects of international trade. also be valuable as a foundation for graduate Many contributions contained in this volume study, for firms seeking to expand into western feature labor market imperfections that give Europe, and for policymakers wishing to learn from the European rise to involuntary unemployment, and in those contributions, the example. The historical and cultural outlines, along with the question of how trade affects aggregate employment typically takes captivating photography, also appeal to anyone interested in center stage in the analysis. Another recurring theme in many papers furthering their general knowledge of the region.” is the link between international trade and the income distribution International Business Journal within countries.

Readership: Undergraduate students of entrepreneurship, Readership: Graduate students and researchers interested in the topics management and geography. of international trade, inequality and labor markets.

544pp Nov 2017 448pp Dec 2017 978-1-78326-793-4 US$158 £139 978-981-3224-90-2 US$148 £130

Understanding Latin America Textbook A Decoding Guide The Essence of International Trade by (Venezuelan Scholar and Theory Diplomat) by Noritsugu Nakanishi (Kobe University, Japan) “Ambassador Toro Hardy masterfully combines This textbook aims to explain the principles his vast knowledge of the region with his in international trade theory and show how extensive experience as a diplomat, to decipher some useful trade models work. The book the historical and cultural realities of Latin concentrates on two fundamental issues in America. This timely book is a must read for international trade, that is, the “determinants anyone attempting to understand the changing of trade patterns” and the “welfare gains from trade” in various landscape of Latin America in the second decade of the 21st century.” economic environments. Angelo Rivero Santos Georgetown University

Textbook: Request Inspection Copy at [email protected] Readership: Business professionals, researchers, undergraduate and graduate students interested in knowing more about Latin America Readership: Students and researchers who would like to understand and Latin American Economic Growth. the fundamental principles in international trade. 272pp Dec 2017 240pp Feb 2019 978-981-3229-94-5 US$58 £51 978-981-3273-81-8 US$98 £85

World Scientific Studies in International Economics - Vol 63 RELATED JOURNALS Dimensions of Trade Policy Subscribe or Recommend by Martin Richardson (Australian National University, Australia) GEJ & JICEP to your Librarian! 21 Dimensions of Trade Policy collects the author’s Register with us today to receive significant works on international trade policy FREE access to the selected articles. over almost 30 years of publishing. The articles cover an eclectic range of topics but are grouped into three main areas of concentration — local content protection, the economics of preferential trading areas and the relationship between trade and competition policies — and the book also includes some sui generis topics, such as “fair trade” and “buy local” schemes. An introduction ties the chapters together and indicates their relevance to contemporary matters in trade policy.

Readership: Graduate students and researchers in international economics.

448pp Dec 2017 978-981-3207-60-8 US$148 £130 Economics and Finance Catalogue 2019

Bestselling Textbook Textbook International Economics Islamic Capital Markets (2nd (4th Edition) Edition) Global Markets and Competition A Comparative Approach by Henry Thompson (Auburn University, USA) by Obiyathulla Ismath Bacha & Abbas Mirakhor (INCEIF, The Global University of Islamic Finance, This book integrates the microeconomics Malaysia) of international trade with open economy macroeconomics and finance. The theory is This book looks at the similarities and comprehensive but presented with intuitive differences between Islamic capital markets diagrams. The book emphasizes the gains from international and conventional capital markets. The book explains each topic from competition and the limits of trade policy. both the conventional and the Islamic perspective, offering a full understanding of Islamic capital markets, processes, and instruments. Textbook: Request Inspection Copy at [email protected] In addition to a full explanation of Islamic products, the book also ensures a holistic understanding of the dual markets within which Readership: Undergraduates in international economics. Islamic capital markets operate.

376pp May 2017 Textbook: Request Inspection Copy at [email protected] 978-981-4678-15-5 US$128 £106 978-981-4663-87-8(pbk) US$68 £56 Readership: Students and professionals interested in Islamic Banking, Islamic Investments and Islamic Capital Markets.

700pp Dec 2018 International Finance 978-981-3274-63-1 US$158 £140

World Scientific Studies in International Economics - Vol 64 Textbook Information Spillovers and Market International Money and Finance Integration in International Finance by Michele Fratianni (University of Ancona, Italy), Andreas Hauskrecht Empirical Analyses (Indiana University, USA) & Catalin Stefanescu (American University, USA) by Suk-Joong Kim (University of Sydney, Australia) This book explores important recent topics in international money The comprehensive empirical evidence and finance, including those on exchange rate regimes, the foreign provided in this book helps readers understand exchange market, balance of payments, parity conditions, international how international financial markets have capital flow, financial crises, and regulatory responses. Each chapter evolved in their linkages and how information covering these topics is written like an academic paper with up-to- processing occurs in relation to sovereign rating events and other date sources and references. Country-specific boxes, short cases and information arrivals. applications are presented for readers to appreciate theories and apply them in the real world. Readership: Graduate students and researchers in international finance, central bankers and capital market participants. Textbook: Request Inspection Copy at [email protected] 624pp Jan 2018 978-981-3223-57-8 US$188 £165 Readership: MBA students and those taking advanced undergraduate, Master’s and PhD courses in Economics and Finance.

320pp Oct 2019 Evaluating Country Risks for 978-981-3270-19-0 US$118 £105 International Investments Tools, Techniques and Applications by Ephraim Clark (Middlesex University, UK) 22 NOTABLE BACKLIST This unique volume presents a trailblazing Finance Masters project of country risk analysis for international Olivier Coispeau (Maverlinn Ltd, UK) investments. It develops an innovative range Global Corporate Finance (2nd Edition) of tools and techniques on the cutting edge of Kenneth A Kim (State University of New York at Buffalo, USA), et al. financial theories and practices for assessing Global Derivative Debacles (2nd Edition) and incorporating country/political risk in cross- Laurent L Jacque (Tufts University, USA) border investment strategies. These tools and techniques address the International Finance and Open-Economy Macroeconomics nature of country risk as a broad concept that comprises an underlying (2nd Edition) combination of economics, finance, geopolitics, sociology, and history. Hendrik Van den Berg (University of Nebraska-Lincoln, USA) Readership: Graduate students and researchers interested in the topics Microfinance in Asia of risk management and international investment. Christopher Gan (Lincoln University, New Zealand), et al.

564pp Jan 2018 978-981-3224-93-3 US$178 £157 Request for Inspection Copy Email: [email protected] or scan the QR code For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

World Scientific Series in Finance - Vol 13 Stock Market Crashes Macroeconomics / Microeconomics Predictable and Unpredictable and What to do About Them Macroeconomic Analysis and Policy by William T Ziemba (UBC & London School of A Systematic Approach Economics, UK), Mikhail Zhitlukhin (The Russian by Joshua E Greene (Singapore Management Academy of Sciences, Russia) & Sebastien Lleo University) (NEOMA Business School, France) This book provides a systematic approach “Bill Ziemba has spent his professional life to analyzing macroeconomic developments, studying financial and other markets and their focusing on macroeconomic accounts, analysis, anomalies. His insights have been very valuable, time and again, for and the effects of selected policies on a nation’s academic researchers and practitioners alike. A highly recommended economy. The first part of the book describes read for anybody interested in financial markets.” Gerd Infanger the data, accounts, and analysis of the four Stanford University and Infanger Investments, LLC main macroeconomic sectors — real, external, fiscal, and monetary — and discusses the accounting and economic relations among Readership: Students, researchers and the general public who are these sectors, using a flow of funds approach. The second part of the interested to understand more about stock market crashes and what book discusses fiscal, monetary, and exchange rate policy and their to do about them. economic implications.

308pp Oct 2017 Readership: Students, researchers and academics studying or teaching 978-981-3222-60-1 US$98 £86 macroeconomics. 978-981-3222-61-8(pbk) US$35 £31 244pp Feb 2018 978-981-3223-82-0 US$98 £86 World Scientific Series in Finance - Vol 12 The Adventures of a Modern Renaissance Academic in Investing Textbook and Gambling The Economics of Small Business by William T Ziemba (UBC) An Introductory Survey by Roger A McCain (Drexel University, USA) “Bill’s many interests have taken him through the worlds of academia, investing and gambling. This survey reviews research on the economics This memoir adds human background to his of small business, introducing key concepts for prolific writings, which range from finance, the understanding of the research, including horse-racing and lotteries, to oriental rugs.” some basic microeconomics, distribution Edward O Thorp functions, and concepts of entrepreneurship. author of Beat the Dealer and Beat the Market Accessible to readers with elementary knowledge of economics and probability, the book is suitable as a text for an undergraduate course This book tells the story of how financial markets have evolved over in the economics of small business. It also covers the economics of time and became increasingly more complex. organization, the role of the family in small business, human capital Readership: Investors, financial experts and researchers in the fields and nonpecuniary motivation, together with the relationship of small of finance and investments. business to entrepreneurship and growth.

484pp Oct 2017 Textbook: Request Inspection Copy at [email protected] 978-981-3148-28-4 US$98 £86 978-981-3148-29-1(pbk) US$38 £34 Readership: Students and lecturers of undergraduate courses in the economics of small business, academics in business fields, readers with elementary knowledge of economics and probability. Essays in International Money and Finance 284pp Jun 2018 978-981-3231-24-5 US$78 £69 Interest Rates, Exchange Rates, Prices and 23 the Supply of Money Within and Across Countries World Scientific Lecture Notes in Economics - Vol 5 by James R Lothian (Fordham University, USA) Lecture Notes in Public Budgeting “The articles in this volume address issues and Financial Management that have proven to be timeless. I heartily by William Duncombe (Syracuse University, USA) recommend it to all who want to deepen their This lecture notes provides an overview of knowledge of prices, interest rates, exchanges budgeting and financial management in the rates, and money in the international context. The volume contains public and non-profit sectors. Fundamental substantial contributions spanning four decades that are still cited concepts and practices of budgeting, financial today and reflect the thoughtful empirical studies of a master of the management and public finance are introduced, field. A compilation of this quality is of great value to scholars. with special emphasis on state and local Michael Melvin government budgeting and financial management in the United States. University of California, San Diego Readership: Undergraduates and postgraduates taking courses in Readership: Students and researchers who are keen to have a deeper public administration, policy studies, tax studies, and microeconomics. understanding of international finance and monetary economics. 336pp Aug 2018 820pp Aug 2017 978-981-3145-89-4 US$118 £105 978-981-3148-31-4 US$198 £174 978-981-3145-90-0(pbk) US$58 £50 Economics and Finance Catalogue 2019

Advanced Research on Asian Economy and World Scientific Studies in International Economies of Other Continents Economics - Vol 60 Economic Dynamism, Openness, and International Macroeconomic Inclusion Interdependence How Singapore Can Make the Transition from an by Paul R Bergin (UC Davis) Era of Catch-up Growth to Life in a Mature Economy How does globalization in goods and by Hian Teck Hoon (Singapore Management University) asset markets alter the nature of economic This volume provides a theory of Singapore’s recessions and the choices facing economic development. With a coherent theory macroeconomic policy makers? This capable of explaining how Singapore got to where volume presents empirical and theoretical it is, the book analyses how the future might look like for the Singapore contributions of economist Paul Bergin to this vital question. By a economy. With its forward-looking analysis, this book is valuable to number of metrics, including trade volume and price convergence, students as it weaves macroeconomic data together with growth theory national goods markets have become more globally integrated and highlights the interaction of economic forces with social influences over time. The same is true for asset markets, which today function and political institutions. more as a single global marketplace. Readership: Undergraduate students of economic theory and Readership: Students and researchers who would like to macroeconomics, researchers focusing on Singapore’s economy, people understand the effects of globalization on policy coordination interested in an economic model relevant to Singapore. and economic policies in different countries. 180pp Apr 2019 436pp Dec 2017 978-981-3236-22-6 US$78 £69 978-981-3224-59-9 US$198 £174

Textbook Studies in Foreign Exchange Surveys on Theories in Economics and Business Administration - Vol 3 Economics External Economies of Scale and International Trade by Martin D D Evans by Kar-Yiu Wong (University of Washington, USA) (Georgetown University, USA) The book presents a systematic exploration of the features and This book collects my scholarly research implications of external economies of scale. It examines how external on the behavior of foreign exchange rates economies of scale may affect resource allocation, income distribution, conducted over the past twenty-five years. international trade, international factor movements, and national welfare The collection includes papers that study of an economy. It synthesizes existing theories and results in the literature the behavior of exchange rates from the and presents new analytical techniques and results using a unified traditional macroeconomic and newer framework, which helps the readers follow the logic and derivation of the microstructure perspectives. The former perspective considers arguments and propositions. Exercises are provided at the end of each the linkages between the macro economy and currency prices chapter to help the readers get familiar with the techniques presented in in an effort to understand the behavior of exchange rates over the chapter and explore new applications and results. quarters, years and decades. By contrast, the microstructure perspective considers how the details of currency trading affect Textbook: Request Inspection Copy at [email protected] how macroeconomic information becomes embedded in currency prices, a process which drives exchange-rates over intraday Readership: Graduate students and researchers in external economies of horizons. scale and international trade. Readership: Graduate students and researchers who are interested 300pp Jul 2019 to understand the behaviour of foreign exchange rates. 978-981-4436-27-4 US$58 £48 792pp Aug 2017 978-981-3147-56-0 US$198 £174 World Scientific-Now Publishers Series in Business Pricing Nonmarketed Goods using Distance Functions by Dimitris Margaritis (University of Auckland, New Zealand) Nobel Laureate & Rolf Färe (Oregon State University, USA) Contract, Governance and 24 This book is an inspiring new contribution highlighting the importance of Transaction Cost Economics by Oliver E Williamson (UC Berkeley) duality theory for valuation purposes, especially for hard to price inputs or resources, intended or unintended goods and assets. The theoretical edited by Gengxuan Chen (Contract and pricing models are supplemented by self-standing empirical applications Economic Organization Research Center, Sichuan Academy of Social Sciences & covering real estate pricing, environmental preservation, transfer pricing, UC Berkeley) shadow prices of university knowledge outputs and spillovers, and the pricing of bank equity capital and non-performing loans. This book brings together a collection of seven papers by Nobel Laureate Professor Oliver E Williamson. The Academics and practitioners interested in duality theory Readership: applications of Transaction Cost Economics are extensive, ranging for valuation purposes. from the field of industrial organization and applied fields of 220pp Mar 2019 economics such as labor, public finance, comparative economic 978-981-3277-60-1 US$100 £90 systems and economic development, to the business fields of strategy, organizational behavior, marketing, finance, operations management, and accounting.

Readership: Graduate and research level students of microeconomics, corporate governance and industrial Save the organization. environment 220pp May 2017 Share this catalogue 978-981-3202-07-8 US$98 £81 For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Bestseller Financial Engineering Selected Works of Alexander Lipton Nobel Lectures in Economic by Alexander Lipton, Quant of the Year 2000 Sciences (2006 – 2010) (MIT Connection Science, USA) edited by Bertil Holmlund (Uppsala University, Sweden) “Alex Lipton revolutionized financial engineering over a phenomenal career lasting In 1968, Sveriges Riksbank (Sweden’s central multiple decades. While he is by no means bank) established the Prize in Economic done, this book takes stock of this magnificent Sciences in Memory of Alfred Nobel, founder of achievement.” the Nobel Prize. The Prize in Economic Sciences Peter Carr is awarded by the Royal Swedish Academy of Sciences, Stockholm, New York University according to the same principles as for the Nobel Prizes that have been The papers cover topics ranging from the volatility smile problem, awarded since 1901. This volume is a collection of the Nobel lectures credit risk, macroeconomics and monetary circuit, and exotic options, delivered by the prizewinners, together with their biographies and summarizing Lipton’s fundamental contributions to these areas. the presentation speeches, for the period 2006 – 2010. Readership: Undergraduate and graduate students of quantitative Readership: Economists and social scientists. finance and banking, as well as industry professionals.

368pp Feb 2015 632pp Jul 2018 978-981-4630-18-4 US$128 £106 978-981-3209-15-2 US$188 £165 978-981-4630-19-1(pbk) US$38 £32 Innovations in Insurance, Risk- and Asset Management Mathematical / Quantitative Finance edited by Kathrin Glau (Queen Mary University of London, UK), Daniël Linders A Dynamic Use of Survey Data (University of Illinois at Urbana-Champaign, and High Frequency Model USA), Aleksey Min, Matthias Scherer, Forecasting Rudi Zagst (Technical University of Munich, Germany) & Lorenz Schneider (Technical edited by Yoshihisa Inada (Konan University, University of Munich, Germany & EMLYON Japan & Asia Pacific Institute of Research, Japan) Business School, France) This volume investigates the accuracy and This book covers recent developments in the interdisciplinary fields dynamic performance of a high-frequency of actuarial science, quantitative finance, risk- and asset management. forecast model for the Japanese and United This timely selection of topics is highly relevant for the financial States economies based on the Current Quarter industry and addresses current issues both from an academic as well Model (CQM) or High Frequency Model (HFM) as from a practitioner’s point of view. developed by the late Professor Emeritus Lawrence R. Klein. It also presents a survey of recent developments in high-frequency forecasts Readership: Graduate and research level students as well as and gives an example application of the CQM model in forecasting practitioners of quantitative finance, financial markets, investments, Gross Regional Products (GRPs). actuaries and risk management.

Readership: Advance postgraduates and researchers studying high 450pp Oct 2018 frequency model forecasting. 978-981-3272-55-2 US$158 £140

128pp May 2018 978-981-3232-36-5 US$68 £60 NOTABLE BACKLIST Macroeconomics / Microeconomics Modern Trends in Financial Engineering - Vol 2 Stochastic Drawdowns Macroeconomics (With Study Guide CD-ROM) by Hongzhong Zhang (Columbia University, USA) Jagdish Handa (McGill University, Canada) 25 Microeconomics with Spreadsheets In this book, the author provides an extensive Suren Basov (Deakin University, Australia) probabilistic study of different aspects of Singapore’s Fiscal Strategies for Growth drawdown risks, which include the drawdown Kok Fatt Lee (Future-Moves Group, Singapore) risk in finite time-horizons, the speed of market crashes (drawdowns), the frequency Mathematical / Quantitative Finance of drawdowns, the occupation time (time in Deep Dive into Financial Models distress), and the duration of drawdowns. Mathieu Le Bellac (BRED Bank, France), et al. Leveraging the knowledge in stochastic calculus, Lé vy processes Quantitative Finance and Risk Management (2nd Edition) and optimal stopping, these topics can be considered as problems Jan W Dash (Bloomberg LP, USA) in advanced applied stochastic processes, and insurance/financial mathematics.

Readership: Senior undergraduate and graduate students equipped with the knowledge of stochastic processes and financial practitioners who are interested in optimal trading and execution.

256pp Jul 2018 978-981-3141-63-6 US$98 £85 Economics and Finance Catalogue 2019

New Edition of Bestselling Textbook Handbook An Introduction to Derivative World Scientific Handbook in Financial Securities, Financial Markets, and Economics Series Risk Management (2nd Edition) Handbook of Heavy-Tailed by Robert Jarrow (Cornell) & Arkadev Chatterjea Distributions in Asset Management (Indiana University, USA) and Risk Management by Michele Leonardo Bianchi (Banca d’Italia, “I very much enjoy reading the book. My Italy), Stoyan V Stoyanov (Stony Brook University, understanding of derivatives has so far been USA), Gian Luca Tassinari (University of Bologna, purely mathematical, so it’s great to learn about Italy), Frank J Fabozzi (EDHEC Business School, all the historical developments, the background material, and all the France) & Sergio M Focardi (Léonard De Vinci University, France) nice, interesting anecdotes the authors have put into the chapters. All In this book, the authors are primarily concerned with the statistical of this will surely help me to make my lectures more lively.” properties of heavy-tailed distributions and with the processes that Kevin Aretz exhibit jumps. A detailed overview with a Matlab implementation The University of Manchester of heavy-tailed models applied in asset management and risk managements is presented. Textbook: Request Inspection Copy at [email protected] Readership: For those who want to understand the main concepts Readership: Undergraduate and graduate students of economics, regarding heavy-tailed distributions and Lévy processes using business, arts, science and engineering, and MBAs who would work probability or statistics. in the finance industry. 433pp Apr 2019 800pp Jan 2019 978-981-3274-91-4 US$148 £130 978-1-944659-55-4 US$138 £120

Textbook Risk and Stochastics Ragnar Norberg — Un Grand Homme Investment Analytics edited by Pauline Barrieu (London School of Revolutionizing Professional Investment Economics and Political Science, UK) with Artificial Intelligence, Big Data, and Cloud Computing This book is a collection of articles written by by Bernard Lee (HedgeSPA, USA) respected academics who have influenced and been influenced by the life and work of This is a textbook designed for: Advanced Professor Norberg. Celebrated in this book are undergraduates hoping to acquire a solid his professional and academic achievements, introduction to investment analytics used by the most significantly the instrumental work he asset management industry; Graduate students with backgrounds in engineering mathematics, seeking to move into investment-related put into setting up the world-renowned Risk and Stochastics Group roles; and Investment professionals taking a deep professional at the London School of Economics (LSE). Subjects covered include education module to get up to date on the advanced investment discussion of risk measurements, ruin constraint, supporting stable analytics used by leading global asset managers. pensions, filtration in discrete time, Riesz means and Beurling moving averages and orthonormal polynomial expansions. Textbook: Request Inspection Copy at [email protected] Readership: Graduate level students and researchers interested in the Readership: Advanced undergraduates hoping to secure employment life and work of Ragnar Norberg and in modern actuarial and financial in the asset management industry, as well as MBAs with typical mathematics and their interface. backgrounds in engineering mathematics. 250pp Apr 2019 250pp May 2019 978-1-78634-194-5 US$85 £71 978-981-4725-35-4 US$98 £81 978-981-4730-45-7(pbk) US$48 £40 A Practical Approach to XVA 26 The Evolution of Derivatives Valuation after Modern Trends in Financial Engineering the Financial Crisis Employee Stock Options (Simplex Inc., Japan) by Osamu Tsuchiya Exercise Timing, Hedging, and Valuation This book presents a clear and concise by Tim Leung (University of Washington, USA) framework and provides key considerations This book discusses the practical and challenging for the computation of myriad adjustments to problems surrounding Employee stock options the price of financial derivatives, to fully reflect (ESOs) from a financial mathematician’s costs. XVA has been of great interest recently perspective. It provides a systematic overview due to heavy funding costs (FVA), initial margin of the contractual features of ESOs and (MVA) and capital requirements (KVA) required to sustain a derivatives thoughtful discussions of different valuation business since 2008, in addition to the traditional concepts of cost approaches, with emphasis on three major aspects: (i) hedging strategies; (ii) exercise timing; and (iii) valuation from counterparty default or credit deterioration (CVA), and its mirror methodologies. It also highlights their connections and combined image — the cost of one own’s default (DVA). effects of the cost of ESOs to firms, as well as examines the implications Readership: Professionals in the financial derivatives industry, as well to modeling and valuation approaches. as graduate students of quantitative finance. Readership: Graduate students and researchers involved in Accounting and Corporate Finance, and Financial Engineering/Mathematics, as 250pp Aug 2019 well as professionals in the regulatory industry. 978-981-3272-73-6 US$98 £85 180pp Aug 2019 978-981-3209-63-3 US$88 £73 For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Textbook Bestselling Textbook Financial Mathematics for Deterministic and Stochastic Actuaries (2nd Edition) Topics in Computational Finance by Wai-Sum Chan (The Chinese University by Ovidiu Calin (Princeton) of Hong Kong) & Yiu-Kuen Tse (Singapore Management University) What distinguishes this book from other texts on mathematical finance is the use of both Covering the theories of interest rates, with probabilistic and PDEs tools to price derivatives applications to the evaluation of cash flows, for both constant and stochastic volatility the pricing of fixed income securities and models, by which the reader has the advantage the management of bonds, this textbook also contains numerous of computing explicitly a large number of prices for European, examples and exercises and extensive coverage of various Excel American and Asian derivatives. The book presents continuous time functions for financial calculation. Discussions are linked to real models for financial markets, starting from classical models such financial market data, such as historical term structure, and traded as Black – Scholes and evolving towards the most popular models financial securities. today such as Heston and VAR. A key feature is the large number of exercises, mostly solved, which are designed to help the reader to Textbook: Request Inspection Copy at [email protected] understand the material.

Readership: Undergraduate students in actuarial science, quantitative Textbook: Request Inspection Copy at [email protected] finance, financial engineering and quantitative risk management, and students taking exams in financial mathematics with professional Readership: Undergraduates, graduate students and researchers in actuarial bodies. Mathematical Finance.

372pp Oct 2017 484pp Jan 2017 978-981-3224-66-7 US$138 £121 978-981-3203-07-5 US$138 £115 978-981-3224-67-4(pbk) US$45 £40 978-981-3203-08-2(pbk) US$68 £56

Textbook NOTABLE BACKLIST Quantitative Financial Analytics An Undergraduate Introduction to Financial Mathematics (3rd Ed.) The Path to Investment Profits J Robert Buchanan (Millersville University, USA) by Edward E Williams & John A Dobelman Efficiency of Racetrack Betting Markets (2008 Edition) (Rice University, USA) Donald B Hausch (University of Wisconsin-Madison, USA), et al. This book provides a comprehensive treatment Exotic Options (2nd Edition) of the important aspects of investment theory, Peter G Zhang (Shanghai Futures Exchange, China) security analysis, and portfolio selection, with a Financial Derivative Investments quantitative emphasis not to be found in most Richard D Bateson (University College London, UK) other investment texts. Financial Hacking Textbook: Request Inspection Copy at [email protected] Philip Maymin (New York University, USA) Harry Markowitz: Selected Works Nobel Laureate in Economics, 1990 Readership: Academics, students, entrepreneurs and business Harry M Markowitz (University of California, San Diego, USA) operators interested in investment theory, security analysis, and portfolio theory and selection, as well as professionals preparing for Introductory Course on Financial Mathematics the CPA, CFA, and or CFP examinations. M V Tretyakov (University of Nottingham, UK)

620pp Sep 2017 Mathematical Methods for Foreign Exchange Alexander Lipton (Merrill Lynch International, UK) 978-981-3224-24-7 US$158 £139 978-981-3224-25-4(pbk) US$78 £69 Modelling Financial Time Series (2nd Edition) Stephen J Taylor (Lancaster University, UK) Textbook The Kelly Capital Growth Investment Criterion Leonard C MacLean (Dalhousie University, Canada), et al. Theoretical Foundations for 27 Quantitative Finance by Luca Spadafora (Università Cattolica del Sacro Cuore, Italy) & Gennady P Berman RELATED JOURNALS (Los Alamos National Laboratory, USA & Subscribe or Recommend New Mexico Consortium, USA) QJF & IJTAF to your Librarian! “Spadafora and Berman present the fundamentals of quantitative finance focusing on pricing and risk management problems from a practical and a Register with us today to receive methodological point of view. This book can be recommended both FREE access to the selected articles. to graduate students approaching finance for the gentle introduction to the main subjects aided by the necessary mathematical tools, and to practitioners, which may value the convincing presentation of recent developments in the field.” Andrea Pallavicini Head of Equity, FX and Commodity Models, Banca IMI, Italy

Textbook: Request Inspection Copy at [email protected] Readership: Students and researchers in the fields of quantitative finance, risk management and stochastic analysis.

224pp Jun 2017 978-981-3202-47-4 US$78 £65 Economics and Finance Catalogue 2019

Mathematical Economics / Game Theory / Econometrics

Uncertain Computation-Based Textbook Decision Theory by Rafik Aliev (Azerbaijan State Oil and Industry Optimization Theory University, Azerbaijan) A Concise Introduction by Jiongmin Yong (University of Central Florida, USA) Uncertain computation is a system of computation and reasoning in which the objects Mathematically, most of the interesting of computation are not values of variables optimization problems can be formulated to but restrictions on values of variables. This optimize some objective function, subject to compendium includes uncertain computation some equality and/or inequality constraints. examples based on interval arithmetic, This book introduces some classical and basic probabilistic arithmetic, fuzzy arithmetic, Z-number arithmetic, and results of optimization theory, including nonlinear programming with arithmetic with geometric primitives. Lagrange multiplier method, the Karush – Kuhn – Tucker method, Fritz John’s method, problems with convex or quasi-convex constraints, Readership: Researchers, academics, professionals and graduate and linear programming with geometric method and simplex method. students in fuzzy logic, decision sciences and mathematical economics. Textbook: Request Inspection Copy at [email protected]

540pp Feb 2018 Readership: Undergraduates; graduates and researchers interested in 978-981-3228-93-1 US$178 £157 classical and basic optimization theory.

236pp Jul 2018 Econometrics in the Information Age: Theory 978-981-3237-64-3 US$78 £69 and Practice of Measurement - Vol 6 Klein’s Last Quarterly Econometric Model of the United States Time Series Econometrics Wharton Quarterly Econometric Model: (In 2 Volumes) Mark 10 Volume 1: Unit Roots and Trend Breaks edited by Shinichi Ichimura (Kyoto University, Volume 2: Structural Change Japan), Soshichi Kinoshita (Nagoya University, edited by Pierre Perron Japan) & Mitsuo Yamada (Chukyo University, Japan) (Boston University, USA)

This is the last econometric model that Lawrence Volume 1 covers statistical methods Klein (Nobel Laureate in Economics, 1980) and his disciples have left related to unit roots, trend breaks and after some 50 years of cumulated efforts of constructing the US their interplay. Testing for unit roots economy model up to around 2000. It was widely known as the WEFA has been a topic of wide interest and Econometric Model Mark 10, and is the culmination of Professor the author was at the forefront of this Klein’s research which spans more than 70 years, and would please not research. Volume 2 is about statistical methods related to structural only Professor Klein’s old students and colleagues, but also younger change in time series models. The approach adopted is off-line students who have heard so much of Klein models but have yet to whereby one wants to test for structural change using a historical see the latest model in its complete and printed form. dataset and perform hypothesis testing. A distinctive feature is the Readership: Students and researchers, especially those doing allowance for multiple structural changes. econometric modeling, who are interested to understand the US Readership: Graduate students and researchers interested in economy model. theoretical and applied time series analysis.

268pp Apr 2018 1100pp(set) Nov 2018 978-981-3229-93-8 US$108 £95 978-981-3237-85-8(Set) US$298 £262 Vol. 1 550pp 978-981-3237-86-5 US$168 £148 28 Vol. 2 550pp 978-981-3237-89-6 US$168 £148 Global Economic Modeling A Volume in Honor of Lawrence R Klein edited by Peter Pauly (University of Toronto, Canada) NOTABLE BACKLIST Global econometric models have a long history. Econometric Methods and Their Applications in Finance, Macro and From the early 1970s to the present, as modeling Related Fields techniques have advanced, different modeling Kaddour Hadri (Queens University, UK), et al. paradigms have emerged and been used to Econometric Models for Industrial Organization support national and international policy Matthew Shum (Caltech) making. With the expansion of elaborated Financial Valuation and Econometrics (2nd Edition) economic linkages, this volume makes an Kian Guan Lim (Singapore Management University) important contribution to the evolving literature of global econometric Game Theory (3rd Edition) models. Roger A McCain (Drexel University, USA) Readership: Graduate students, researchers and practitioners Heavy Tails and Copulas interested in the developments of global econometric models. Rustam Ibragimov (Imperial College London, UK), et al. 344pp Jun 2018 The Language of Game Theory 978-981-3220-43-0 US$148 £123 Adam Brandenburger (New York University, USA) Math in Economics (2nd Edition) Susheng Wang (Hong Kong University of Science and Technology) For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Textbook Money and Banking / Investments / Probability and Statistics for Financial Markets and Institutions Economists by Yongmiao Hong (Cornell) Market Microstructure in Practice This book provides comprehensive coverage (2nd Edition) of probability and statistics that will be useful edited by Charles-Albert Lehalle (Capital Fund as indispensable mathematical tools in Management, France & Imperial College London, economics. As a most important feature, this UK) & Sophie Laruelle (UniversitéParis-Est textbook emphasizes intuition, explanations Créteil, France) and applications of probability and statistics from an economic Reviews of the First Edition: perspective. Various numerical examples are provided to illustrate the “Lehalle and Laruelle bring [their] experience to concepts, theory and methods in probability and statistics introduced. bear on every aspect of the discussion, as well as deep quantitative understanding. The resulting Textbook: Request Inspection Copy at [email protected] book is a unique mixture of real market knowledge and theoretical explanation. There is nothing else out there like it, and this book will Readership: Graduate students in economics, statistics and related be a central resource for many different market participants.” fields. Robert Almgren 592pp Jan 2018 President and Cofounder of Quantitative Brokers, New York 978-981-3228-81-8 US$118 £104 Readership: Graduate and research students of financial markets and quantitative finance, Regulators and policy makers, practitioners.

Risk Theory 368pp Mar 2018 A Heavy Tail Approach 978-981-3231-12-2 US$78 £69 by Dimitrios G Konstantinides (University of the Aegean, Greece) Public Policy & Financial This book is written to help graduate students Economics and young researchers to enter quickly into Essays in Honor of Professor George G the subject of Risk Theory. It can also be used Kaufman for His Lifelong Contributions to by actuaries and financial practitioners for the the Profession optimization of their decisions and further by edited by Douglas D Evanoff (Federal Reserve regulatory authorities for the stabilization of the Bank of Chicago, USA), A G Malliaris (Loyola insurance industry. The topic of extreme claims is especially presented University Chicago, USA) & George Kaufman as a crucial feature of the modern ruin probability. (formerly Loyola University Chicago, USA)

Readership: Researchers in probability and statistics, mathematical Not just a celebratory volume, Public Policy and economics/game theory/operations research. Financial Economics selected internationally recognized financial economists who have worked with Professor Kaufman during his years 508pp Sep 2017 of scholarly research, and have a combined mastery of specialized 978-981-3223-14-1 US$169 £149 financial markets themes and, very importantly, knowledge of public policies in the areas. All 15 chapters offer unique, innovative, and exciting expositions of several critical topics in financial economics.

Bestseller Readership: Financial economists, economists with a concentration World Scientific Series in Economic Theory - Vol 6 on monetary activities, policymakers in the financial markets sector, Uncertainty within Economic and students interested in the dynamics of economics, finance, and Models policymaking. by Lars Peter Hansen, Nobel Laureate in 312pp May 2018 Economics, 2013 (University of Chicago, USA), 978-981-3229-54-9 US$138 £121 Thomas J Sargent, Nobel Laureate in Economics, 2011 (New York University, USA & Hoover 29 Institution, USA) Electronic Trading and Blockchain Yesterday, Today and Tomorrow “This book will be useful for those who deal by Richard L Sandor (American Financial Exchange, with econometrics, macroeconomics, and economic models and USA & Environmental Financial Products, LLC, USA study uncertainty.” & University of Chicago Law School, USA) Zentralblatt MATH “Richard Sandor has been a leading financial innovator, ... He is uniquely qualified to write This book includes articles adapting and applying robust control this highly recommended book, which provides theory to problems in economics and finance. both a fascinating and relevant look back at the Readership: Graduate students; researchers and economists interested evolution of financial innovation, as well as an in Econometrics; Macroeconomics and Dynamic Programming. expert’s view on how blockchain technology will impact finance, trading and exchanges going forward.” 484pp Nov 2014 Edward T Tilly 978-981-4578-11-0 US$98 £81 Chairman and CEO, Cboe Global Markets Readership: Finance students, researchers, and readers interested in learning about the early years of electronic trading in the US.

228pp Jun 2018 978-981-3233-77-5 US$68 £60 Economics and Finance Catalogue 2019

Analysis of the Korean Stock World Scientific-Now Publishers Series in Market Business Behavioral Finance Approaches Innovative Federal Reserve Policies by Keunsoo Kim (Kyung Hee University, During the Great Financial Crisis South Korea) & Jinho Byun (Ewha Womans edited by Douglas D Evanoff (Federal Reserve University, South Korea) Bank of Chicago, USA), George G Kaufman & A G Malliaris (Loyola University Chicago, USA) This book comprehensively analyzes anomalies in the Korean stock market, including time This book contains discussions of series anomalies such as the January effect, unconventional monetary policies, policy cross-sectional anomalies such as the size effect changes to address systemic and payments and book-to-market effect, and anomalies related to corporate events. systems risks, new macroprudential policies, the ‘stretching’ of the The authors also investigate sales revenue, profitability, valuation (M/B financial safety net, changes in the Fed’s liquidity funding facility (the ratio), and the financial risk of listed companies in the Korean stock discount window), use of the Fed’s balance sheet as a tool of monetary market at both the sectoral level and industrial level. policy, and alternative means to deal with real-estate asset bubbles and potential financial instability. Readership: Professional investors and academicians who are interested in the Korean stock market, Korean and foreign institutional Readership: Finance and economics professionals, and academics investors, graduate scholars studying the Korean stock market. and research economists.

292pp Jul 2018 316pp Oct 2018 978-981-3236-75-2 US$98 £85 978-981-3236-58-5 US$118 £104

Inclusive FinTech Investment Strategies for Retirement Blockchain, Cryptocurrency and ICO by Franck Nicolas (Natixis Asset Management, France) by David Kuo Chuen Lee & Linda Low (Singapore The issue of pension financing is evolving everywhere, becoming University of Social Sciences, Singapore) more of a corporate or individual matter rather than a state one. This Richly illustrated with original lecture slides publication looks at some of the fundamental elements of investment taught by the authors, this book hopes to dispel strategies and techniques for retirement. the many misconceptions about blockchain Readership: Investment professionals, customer advisors, and well- and cryptocurrencies, as well as the idea that informed individuals or students interested in personal finance and businesses can be sustainable without a social investing technieques for retirement planning. dimension going forward. With comprehensive coverage given to the FinTech scene in Asia, it is targeted at those 404pp Dec 2018 who are searching for business opportunities. Most important of all, 978-981-3272-00-2 US$88 £75 this book seeks to change the mindset of a whole new generation that is familiar with digital economy and yearns for a more just and equitable world. Brazen Big Banks, Swap Mania and the Fallout Readership: Upper-division undergraduates, graduate students, by A Rashad Abdel-khalik (University of and professionals working in financial institutions and on financial Illinois at Urbana-Champaign, USA) technology worldwide. This book discusses selective cases of the 548pp Aug 2018 costly undertaking of many non-profits whose 978-981-3238-63-3 US$148 £130 officials were not informed that an IRS contract 978-981-3272-76-7(pbk) US$48 £40 has only one winner, and that big banks had no intention of being the losers. The author World Scientific Lecture Notes in Finance - Vol 3 argues that curiously, officials of non-profits Lecture Notes in Behavioral relied heavily on the banks’ self-serving representations with respect to IRS contracts. 30 Finance by Itzhak Venezia (Tel Aviv-Yaffo Academic Readership: Professors, practitioners and students seeking to College, Israel & The Hebrew University of understand the problems with interest rate swaps. Jerusalem, Israel) 500pp Dec 2018 Written in a way that is user-friendly for both 978-981-3275-56-0 US$98 £85 teachers and students, this book is the first of its kind and consolidates all the material necessary for a course on behavioral finance, NOTABLE BACKLIST balancing psychological concepts with financial applications. Material A Critical History of Financial Crises formerly presented only in academic papers has been transformed to Haim Kedar-Levy (Ben-Gurion University of the Negev, Israel) a format more suitable for students, while the most important issues CHOICE Magazine’s Outstanding Academic Title have been highlighted in boxes that can form the basis of a lecturer’s Great Investment Ideas teaching slides. William T Ziemba (UBC & London School of Economics, UK) Readership: MBA and PhD level students and instructors of behavioral Islamic Banking and Finance in South-East Asia (3rd Edition) finance, corporate finance and decision analysis. Angelo M Venardos The Subprime Crisis 288pp Aug 2018 Jaime Luque (University of Wisconsin-Madison, USA) 978-981-3231-56-6 US$88 £75 William F Sharpe: Selected Works Nobel Laureate in Economics, 1990 William F Sharpe (Stanford University, USA) For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Textbook World Scientific Studies in International Economics - Vol 61 Between Science and Economics - Volume 1 Achieving Financial Stability Blockchain Economics: Implications of Challenges to Prudential Regulation Distributed Ledgers edited by Douglas D Evanoff (Federal Reserve Markets, Communications Networks, and Algorithmic Reality Bank of Chicago, USA), George G Kaufman edited by Melanie Swan (Purdue University, USA), Jason Potts (formerly Loyola University Chicago, USA), (RMIT University, Australia), Soichiro Takagi (International University Agnese Leonello & Simone Manganelli of Japan, Japan), Frank Witte & Paolo Tasca (University College (European Central Bank, Germany) London, UK) The Great Financial Crisis of 2007 – 2010 exposed This practical introduction explains the field of Blockchain Economics, the existence of significant imperfections in the financial regulatory the economic models emerging with the implementation of framework that encouraged excessive risk-taking and increased distributed ledger technology. These models are characterized by system vulnerabilities. The resulting high cost of the crisis in terms three factors: open platform business models, cryptotoken money of lost aggregate income and wealth, and increased unemployment has reinforced the need to improve financial stability within and supplies, and Initial Coin Offerings as a new and official form of across countries. financing. Readership: Advanced economics, finance and policy undergraduates Textbook: Request Inspection Copy at [email protected] and postgraduates; finance professionals; policy makers and researchers in money and banking and financial policy reforms. Readership: Academics and practitioners interested in blockchain economics. 384pp Nov 2017 978-981-3223-39-4 US$148 £130 290pp Jan 2019 978-1-78634-638-4 US$98 £85 Valuation in a World of CVA, DVA, and FVA World Scientific Lecture Notes in Finance A Tutorial on Debt Securities and Interest Lecture Notes in Market Rate Derivatives Microstructure and Trading by Donald J Smith (Boston University, USA) by Peter Joakim Westerholm CVA, DVA, and FVA, which are the acronyms for (University of Sydney, Australia) credit, debit, and funding valuation adjustments, have become widely used by major banks The book contains a selection of lecture notes since the financial crisis. This book aims to through which students will gain an in-depth bridge the gap between the highly complex understanding of the mechanism that drives and mathematical models used by these banks to adjust the value trading in securities markets. The book also of debt securities and interest rate derivatives, and the end users of contains another set of lecture notes with the valuations, for example, accountants, auditors, and analysts. The more advanced, research-based material, suitable for Honours or book, which is essentially a tutorial, demonstrates the types of models Master level research students, or for PhD candidates. The material that are used using binomial trees that are featured in the CFA®fixed is self-explanatory and can also be used for self-study, preferably in income curriculum and allows readers to replicate the examples using conjunction with assigned readings. a spreadsheet.

Readership: Undergraduate, graduate and research students and Readership: Undergraduate and graduate students of finance, and CFA candidates. academics interested in the mechanism that drives trading in securities markets, as well as future markets that may develop. 228pp Sep 2017 978-981-3222-74-8 US$98 £86 250pp Nov 2018 978-981-3224-16-2(pbk) US$48 £42 978-981-3234-09-3 US$85 £75 Handbook Handbook World Scientific Series in Finance - Vol 11 The Strategic Analysis of Handbook of Global Financial Financial Markets (In 2 Volumes) 31 Markets Volume 1: Framework Transformations, Dependence, and Risk Volume 2: Trading System Analytics Spillovers by Steven D Moffitt (Stuart School of edited by Sabri Boubaker (Champagne School Business, USA & Market Pattern Research, of Management, France & University Paris Est, Inc., USA) France) & Duc Khuong Nguyen (IPAG Business School, France & Indiana University, USA) “This book is required reading for anyone who hopes to understand how modern financial markets and trading The objective of this handbook is to provide the readers with insights really work. For too long, theoretical finance and the efficient markets about current dynamics and future potential transformations of global hypothesis have been at odds with industry practice. At the same time, financial markets. We intend to focus on four main areas: Dynamics methods in the industry have been thought to be too heuristic for of Financial Markets; Financial Uncertainty and Volatility; Market rigorous study. Drawn from his decades on Wall Street, Steve Moffitt’s Linkages and Spillover Effects; and Extreme Events and Financial Strategic Analysis of Financial Markets reconciles these conflicts by presenting a structured approach that is as practically applicable as it Transformations. is quantitatively rigorous.” Benjamin van Vliet Readership: Graduate students, policy-makers and researchers Illinois Institute of Technology in the fields of money & banking, international finance, and risk management. Readership: Students, graduates and researchers who are interested in knowing how financial markets work. 850pp Nov 2018 978-981-3236-64-6 US$238 £209 1120pp May 2017 978-981-3142-77-0(Set) US$495 £411 Economics and Finance Catalogue 2019

World Scientific Lecture Notes in Finance - Vol 2 Global Nexus Lecture Notes in Fixed Income Political Economies, Interconnectivity, and the Social Sciences Fundamentals by Wazir Jahan Karim (Academy of Socio-economic Research and Analysis by Eliezer Z Prisman (York University, Canada) (ASERA), Malaysia)

Written for undergraduates, this book is This book suggests that inter-disciplinary social sciences in an age of dedicated to fixed income fundamentals that do globalisation are best understood through a nexus of transactional not require modeling the dynamics of interest activities which generate their own political economies, thereby rates. The book concentrates on understanding framing social realities in their own parameters of thought and and explaining the pillars of fixed income action, providing a better understanding of the subject-matter, and markets, using the modern finance approach its changing sphere of influence. implied by the “no free lunch” condition. It focuses on conceptual understanding so that novice readers will be familiar with tools needed Readership: Students and professionals interested in gender studies, to analyze bond markets. Institutional information is covered only to women’s studies, globalisation etc., in the ASEAN Secretariat, UN the extent that is necessary to obtain full appreciation of concepts. University, Tokyo, UN Agencies on Labour and Development, Trade Organisations, NGOs. Readership: Undergraduates studying fixed income securities, bonds, interest rates or related financial contracts. 300pp Feb 2019 978-981-3232-43-3 US$118 £104 268pp Apr 2017 978-981-3149-75-5 US$98 £81 3-in-1: Governing a Global 978-981-3149-76-2(pbk) US$48 £40 Financial Centre by J J Woo (NTU, Singapore & Harvard)

Bestseller “A lot has been written about international financial centres in the last 20 years. J J Woo The Economic Foundations of goes one step further, combining sophisticated Risk Management conceptualisation with vivid depiction in order to Theory, Practice, and Applications explain the phenomenal rise of Singapore in the late 20th and early 21st century. The result of the by Robert Jarrow (Cornell) triple process of globalisation, financialisation, This book presents the theory, the practice, and and centralisation, Singapore is at once a unique success story and applies this knowledge to provide a forensic part of the broader transformation of the world of finance.Youssef “ Cassis analysis of some well-known risk management European University Institute failures. By doing so, this book introduces a Readership: University and graduate level students studying political unified framework for understanding how to manage the risk of economy, general public interested in studies of financial centres. an individual’s or corporation’s or financial institution’s assets and liabilities. The book also includes case studies of risk management 128pp Aug 2017 failures. 978-981-3221-16-1 US$88 £77

Readership: Graduate students and researchers interested in the topic of risk management. NEW AND BESTSELLING TITLES 208pp Jan 2017 Emerging Capital Markets and Transition in Contemporary China Ken Morita (Hiroshima Shudo University, Japan) 978-981-3147-51-5 US$75 £62 Japan and China 978-981-3149-96-0(pbk) US$38 £32 Koichi Sakamoto (Toyo University, Japan) The Political Economy of International Trade Edward D Mansfield (University of Pennsylvania, USA) The Political Economy of World Energy Political Economy Ferdinand E Banks (Uppsala University, Sweden)

China’s 19th Party Congress Start of a New Era 32 edited by Kerry Brown (King’s College London, UK) Sports Economics

An overview of key themes domestically and World Scientific Series in Finance internationally from the 19th Communist Party Dr Z’s NFL Guidebook Congress held in Beijing in October 2017, by William T Ziemba (University of British setting out the main policy priorities for the Columbia, Canada) & Leonard C MacLean Xi government in China as the country moves (Dalhousie University, Canada) towards fulfillment of the first Centenary Goal, “I highly recommend this excellent volume, the hundredth anniversary of the Communist which is full of original and important research Party of China in 2021. Written as the first full length analysis by an and insights. I have learned a huge amount from international group of authors of different aspects of the Congress, it. An absolute joy to read.” making it perfect for graduate students and researchers, as well as Professor Leighton Vaughan Williams individuals interested in China Studies. Nottingham Trent University UK This guidebook presents historical and new material to assist the Readership: Graduate students, researchers and individuals interested reader to understand NFL game strategies and provides a winning in China Studies. betting strategy. 300pp Oct 2018 Readership: NFL fans who want to have an indepth knowledge of 978-1-78634-591-2 US$98 £85 NFL players, coaches, history of NFL as well as the future of the game.

362pp Sep 2018 978-981-3276-42-0 US$78 £70 978-981-3276-71-0(pbk) US$29.95 £25 For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

Student Athletes Sports Nation Merging Academics and Sports Contemporary American Professional Organizations by Frank P Jozsa Jr. by Frank P Jozsa Jr (Pfeiffer University, USA) (Pfeiffer University, USA) The book focuses on, identifies, and analyzes various Applying concepts, data, and divisions and conferences of four professional sports other information from various leagues and their teams’ historical regular season and sources in the literature when postseason performances, and also provides a recent financial profile of them while being competitive, profitable and where appropriate, the book or unprofitable, and well-known enterprises. The parent reveals and examines the behavior, sports organizations are the American League and National contribution, and impact of student League in Major League Baseball, American Football Conference and National athletes (SAs) on campuses of American colleges Football Conference in the National Football League, and the Eastern and Western and universities. It highlights, in part, SAs’ progress Conference each in the National Basketball Association and National Hockey academically while they devoted time and resources to League. participate in one or more of their schools’ individual and/or team sports in Division I, II, and/or III of the Readership: Professionals, academians and students interested in Sports Business, National Collegiate Athletic Association, or in the National Sports Economics, Sports Finance, and Sports Management. Association of Intercollegiate Athletics and/or National 352pp Oct 2017 Junior College Athletic Association. 978-981-3225-51-0 US$118 £104 Readership: NCAA officials, sports scholars, students, academics and researchers interested in sports business, NOTABLE BACKLIST economics, history, journalism, and /or management. The Economics of Intercollegiate Sports (2nd Edition) Randy R Grant (Linfield College, USA), et al. 300pp Mar 2019 978-981-3275-04-1 US$118 £105 Global Sports Frank P Jozsa, Jr (Pfeiffer University, USA)

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Announcement World Scientific is pleased to announce that we will be publishing The International Journal of Accounting & Global Economy Journal starting from 2019.

The International Journal of Global Economy Journal (GEJ) Accounting (IJA) www.worldscientific.com/gej www.worldscientific.com/tija Managing Editor: Joseph Pelzman Editor: A. Rashad Abdel-khalik (George Washington University, USA) (University of Illinois at Urbana-Champaign, USA) Aims & Scope Aims & Scope The official peer-reviewed journal of the The aim of The International Journal of International Trade and Finance Association Accounting is to advance the academic and (IT&FA), Global Economy Journal (GEJ) is a professional understanding of accounting well-established venue for peer-reviewed theory, policies and practice from the international perspective research on globalization and the institutions, laws, and agreements and viewpoint. The Journal editorial recognizes that international that structure the global economy, such as the WTO, the IMF, and 33 accounting is influenced by a variety of forces, e.g., governmental, the World Bank. The Global Economy Journal (GEJ) seeks to publish political and economic. Thus, the primary criterion for manuscript original and innovative research, as well as novel analysis, relating to evaluation is the incremental contribution to international accounting the global economy. While its main emphasis is economic, GEJ is a literature and the forces that impact the field. multi-disciplinary journal. Its content mirrors the diverse interests and approaches of scholars involved with the international dimensions of The Journal aims at understanding the present and potential ability business, economics, finance, history, law, marketing, management, of accounting to aid in analyzing and interpreting international political science, and related areas. GEJ also welcomes scholarly economic transactions and the economic consequences of such contributions from officials with government agencies, international reporting. These transactions may be within a profit or non-profit agencies, and non-governmental organizations. environment. The Journal encourages a broad view of the origins and development of accounting with an emphasis on its functions One over-arching theme that unites IT&FA members and gives focus in an increasingly interdependent global economy. The Journal to this journal is the complex globalization process, involving flows of also welcomes manuscripts that help explain current international goods and services, money, people, and information. As a result, the accounting practices, with related theoretical justifications, and Global Economy Journal invites submissions that address important identify criticisms of current policies and practice. Other than aspects of globalization. GEJ aspires to be timely and policy-oriented. occasional commissioned papers or special issues, all the manuscripts published in the Journal are selected by the editors after the normal double-blind refereeing process. Economics and Finance Catalogue 2019

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International Journal of Theoretical and Quarterly Journal of Finance (QJF) Applied Finance (IJTAF) www.worldscientific.com/qjf www.worldscientific.com/ijtaf Editors Advisor Jean Helwege (University of California, Riverside, USA) R C Merton (MIT Sloan School of Management, USA) Fernando Zapatero (University of Southern California, USA)

Editor-in-Chief Aims and Scope Lane P Hughston (Goldsmiths College, University of London, UK) The QJF publishes high-quality papers in all areas of finance, including corporate finance, asset pricing, financial econometrics, Aims and Scope international finance, macro-finance, behavioral finance, banking IJTAF brings together international experts involved in the and financial intermediation, capital markets, risk management and mathematical modelling of financial instruments as well as the insurance, derivatives, quantitative finance, corporate governance and application of these models to global financial markets. compensation, investments and entrepreneurial finance.

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Editor-in-Chief: Michael McAleer (Asia University, Taiwan) Chief Editors Aims and Scope Frédéric Abergel (CentraleSupélec, France) The AFE is an international journal with the goal of advancing the Jean-Philippe Bouchaud (Capital Fund Management, France) knowledge and understanding of the practice of financial economics Charles-Albert Lehalle (Capital Fund Management, France) through the publication of a high-quality and practitioner-relevant Mathieu Rosenbaum (University Pierre and Marie Curie (Paris 6)) journal. This journal offers a specialized forum for applied research Aims and Scope on investments in various financial markets, market microstructures, The aim of the MML is to become the leading forum on market asset pricing and regulation of financial markets. microstructure related issues (in a very broad sense) such as market Abstracting/Indexing design, regulation, high frequency trading, statistics of high frequency 34 Emerging Sources Citation Index (ESCI) • EconLit • RePEC • Google data, order books dynamics and liquidity effects at every time scale, Scholar • EBSCO Electronic Journal Service (EJS) and more. intraday derivatives hedging and portfolio management.

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Aims and Scope Journal of Financial Management, Open IJFE will feature financial engineering papers which: demonstrate Markets and Institutions (JFMMI) Access multidisciplinary interaction among the fundamental theoretical www.worldscientific.com/jfmmi results of financial mathematics; link to practical issues of the financial Editor-in-Chief: Santiago Carbo-Valverde (CUNEF, Spain & Bangor industry; comment and encourage the implementation of new Business School, UK) technical methods or solutions in the financial industry through the platform of financial engineering. Co-editor: Paolo Mottura (Università Bocconi, Italy)

Abstracting/Indexing Aims and Scope Emerging Sources Citation Index (ESCI) • Mathematical Reviews® The aim of the JFMMI is to publish high quality, original and rigorous • Google Scholar • EBSCO Electronic Journal Service (EJS) and more. research papers concerning broad areas of finance. Areas of interest include, but are not limited to: Financial Institutions, Financial Markets, Risk Management, Investments and Corporate Finance. For more information, visit: www.worldscientific.com WORLD SCIENTIFIC

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Aims and Scope Aims and Scope IGTR emphasizes rigorous analysis, and will offer up-to-date insights CCE publishes theoretical and empirical papers devoted to analyses of and perspectives through original research in game theory and its mitigation, adaptation, impacts, and other issues related to the policy applications. It will publish both original articles and state-of-the-art and management of greenhouse gases. CCE is specifically devoted surveys, and will seek to maintain a balanced orientation between to papers in economics although it is understood that authors may game-theoretic modeling and practical implications. need to rely on other fields for important insights.

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The Singapore Economic Review (SER) Aims and Scope www.worldscientific.com/ser The aim and mission of CWSR is to become a platform where the profound implications of Editor: Euston Quah these efforts are to be explored and discussed. (Nanyang Technological University, Singapore) Comprehensive analysis of the historical, Aims and Scope cultural, social, economic and political impact of The SER is a general economics quarterly the aforementioned initiatives will be provided devoted to publishing the best policy and through expertise and unique insight drawn applied economics papers in addition to high- from global subject experts in various fields. quality theoretical pieces. Widely regarded as a leading journal in the Asia-Pacific, it has a dexed! long history of publication on economic issues ISI-In impinging on Southeast Asia and the broader Asia-Pacific region. Chinese Journal of Urban and Abstracting/Indexing Environmental Studies (CJUES) Social Sciences Citation Index® • Social SciSearch® • Journal Citation www.worldscientific.com/cjues Reports/Social Science Edition • Emerging Sources Citation Index (ESCI) • Scopus • Bibliography of Asian Studies • EconLit and more. Editor-in-Chief: PAN Jiahua (Chinese Academy of Social Sciences) Free Access for 1st year Aims and Scope CJUES is a peer-reviewed journal that seeks to China and the World: Ancient and publish high-quality research papers and book Modern Silk Road (CWSR) reviews to explore a wide range of academic and www.worldscientific.com/cwsr NEW policy concerns of urban and environmental studies.

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Title Index Tick the titles and email to [email protected] to recommend to your librarian.

✔ Title Page ✔ Title Page 2017 Annual Competitiveness Analysis and Impact of Exchange Rates on Foreign 6 Innovations in Insurance, Risk- and Asset Management 25 Direct Investment Inflows to ASEAN Economies Innovative Federal Reserve Policies During The Great Financial Crisis 30 2017 Annual Competitiveness Analysis and Impact of Exchange Rates on Foreign 6 International and Interregional Migration 19 Direct Investment Inflows to Sub-National Economies of India International Economics (4th Edition) 22 2017 Annual Competitiveness Analysis and Impact of Exchange Rates on Foreign 6 International Macroeconomic Interdependence 24 Direct Investment Inflows to Sub-National Economies of Indonesia International Money and Finance 22 2017 Annual Indices for Expatriates and Ordinary Residents on Cost of Living, 11 Wages and Purchasing Power for World’s Major Cities International Trade and Labor Markets 21 2017 Impact Estimation of Exchange Rate on Foreign Direct Investment Inflows 6 International Trade Theory and Competitive Models 19 and Annual Update of Competitiveness Analysis for 34 Greater China Economies International Trade, Capital Flows and Economic Development 19 2030 Vision for ASEAN - China Strategic Partnership 5 Introduction to Derivative Securities, Financial Markets, and Risk Management, 26 3-In-1: Governing A Global Financial Centre 32 An (2nd Edition) Achieving Financial Stability 31 Introduction to Microfinance 10 Advanced Finance Theories 8 Investment Analytics 26 Adventures of a Modern Renaissance Academic in Investing and Gambling, The 23 Investment Strategies for Retirement 30 Analysis of The Korean Stock Market 30 Is This the Asian Century? 7 Balanced, Sustainable and Competitiveness Enhancement Study for Vietnam 6 Islamic Capital Markets (2nd Edition) 22 Blockchain Economics 31 Islamic Perspectives on a Moral Approach to Economics 20 Brazen: Big Banks, Swap Mania and the Fallout 30 Kiasunomics© 14 Brief History of Economics, A (2nd Edition) 19 Klein’s Last Quarterly Econometric Model of The United States 28 Building Inclusive Democracies in ASEAN 7 Lecture Notes in Behavioral Finance 30 Business, Government and Labor 10 Lecture Notes in Fixed Income Fundamentals 32 Capitalism in the 21st Century 15 Lecture Notes in Introduction to Corporate Finance 9 Case Studies for Corporate Finance (In 2 Volumes) 9 Lecture Notes in Market Microstructure and Trading 31 China-ASEAN Relations (Volume 1) 4 Lecture Notes in Public Budgeting and Financial Management 23 China’s 19th Party Congress 32 Lecture Notes in Urban Economics and Urban Policy 12 China’s Belt and Road 4 Lectures in Neuroeconomics 16 China’s Change 4 Macroeconomic Analysis and Policy 23 Chinese Firms Going Global 5 Market Microstructure in Practice (2nd Edition) 29 Climate Change and the Energy Problem (2nd Edition) 14 Mastering Megatrends 14 Contingency Approaches to Corporate Finance (In 4 Volumes) 9 Megaregionalism 2.0 19 Contract, Governance and Transaction Cost Economics 24 Mergers & Acquisitions 8 Contributions to the Economics of International Labor Standards 16 Metals and Energy Finance (2nd Edition) 9 Deterministic and Stochastic Topics in Computational Finance 27 Methodological Dimension of Islamic Economics 15 Developmental State and Millennium Development Goals 10 Nobel Lectures in Economic Sciences (2006-2010) 25 Dimensions of Trade Policy 21 Offshoring 16 Dr Z’s NFL Guidebook 32 Optimization Theory 28 Dynamic Use of Survey Data and High Frequency Model Forecasting, A 25 Policy Externalities and International Trade Agreements 20 East Asian Studies in the Perspective of Regional Integration 5 Pollution Across Borders 12 Economic Analysis of the Rules and Regulations of the World Trade Organization 20 Practical Approach to XVA, A 26 Economic Dynamism, Openness, and Inclusion 24 Pricing Nonmarketed Goods Using Distance Functions 24 Economic Foundations of Risk Management, The 32 Probability and Statistics for Economists 29 Economic Impact in the Internet Plus Era 5 Public Policy & Financial Economics 29 Economics for GCE A Level 15 Public-Private Relationships in Trade Policy-Making 20 Economics of Natural Disasters 13 Quantitative Financial Analytics 27 Economics of Small Business, The 23 Quantum Methods in Social Science 8 Economics of The Middle East and North Africa, The (MENA) (Second Edition) 10 R in Finance and Economics 8 Economics, Game Theory and International Environmental Agreements 13 Reversing Climate Change 12 Economies of China and India, The (In 3 Volumes) 7 Rise of Megacities, The 16 Electronic Trading and Blockchain 29 Risk and Stochastics 26 Employee Stock Options 26 Risk Theory 29 Energy Conundrum, The 12 Saving Ourselves 13 Entrepreneurship in Western Europe 21 Seeking Adam Smith 18 Essays in International Money and Finance 23 Shadows Across The Golden Land 7 Essence of International Trade Theory, The 21 Silver Shades of Grey 17 Evaluating Country Risks for International Investments 22 Simulating Copulas (2nd Edition) 8 Experiments in Economics 15 Singapore and Hong Kong 5 External Economies of Scale and International Trade 24 Sports Nation 33 Financial Engineering: Selected Works of Alexander Lipton 25 Stochastic Drawdowns 25 Financial Mathematics for Actuaries (Second Edition) 27 Stock Market Crashes 23 37 Financial Strategies and Topics in Finance 8 Stock Markets and Corporate Finance 9 Financing Micro Health Insurance 17 Strategic Analysis of Financial Markets, The (In 2 Volumes) 31 Financing Universal Access to Healthcare 17 Student Athletes 33 Financing Universal Access to Healthcare 18 Studies in Foreign Exchange Economics 24 Fixed Revenue Accounting 4 Studying Hong Kong 4 From Scientific Progress to Economic Growth 15 Surveys of International Trade 20 Global Challenges for Future Food and Agricultural Policies 11 Sustainability and Development in Asia and the Pacific 12 Global Economic Modeling: A Volume in Honor of Lawrence R Klein 28 Technology Transfer, Foreign Direct Investment, and the Protection of 20 Global Health Economics 17 Intellectual Property in the Global Economy Global Nexus 32 Theoretical Foundations for Quantitative Finance 27 Governance Institutions and Economic Development 10 Theoretical Health Economics 18 Green Development of Asia-Pacific Cities 13 Time Series Econometrics (In 2 Volumes) 28 Handbook of Disaster Risk Reduction & Management 13 Uncertain Computation-Based Decision Theory 28 Handbook of Global Financial Markets 31 Uncertainty Within Economic Models 29 Handbook of Heavy-Tailed Distributions In Asset Management and Risk 26 Understanding Latin America 21 Management Unwinding of the Globalist Dream, The 16 Handbook of International Food and Agricultural Policies (In 3 Volumes) 10 Urban Composite Development Index for 17 Shandong Cities 6 Handbook of The Economics of Wine (In 2 Volumes) 15 Valuation in a World of CVA, DVA, and FVA 31 Health Economics and Policy 17 Who Shall Live? Health, Economics and Social Choice (2nd Expanded Edition) 18 Healthcare Policies and Systems in Europe and China 16 World Scientific Handbook of Global Health Economics and Public Policy 18 Healthcare Policy in East Asia (In 4 Volumes) 17 (A 3-Volume Set) Housing and Commuting 12 World Scientific Reference on Asia-Pacific Trade Policies (In 2 Volumes) 7 Hunger and Malnutrition As Major Challenges of The 21st Century 11 World Scientific Reference on Globalisation in Eurasia and the Pacific Rim 11 Inclusive Fintech 30 (In 4 Volumes) Inequality and Global Supra-Surplus Capitalism 14 WSPC Reference on Natural Resources and Environmental Policy in the Era of 14 Information Spillovers and Market Integration in International Finance 22 Global Change, The (In 4 Volumes) Economics and Finance Catalogue 2019

Author Index

Author Page Author Page Author Page Author Page Abdel-khalik A Rashad 30 Fuchs Victor R 17,18 Lehalle Charles-albert 29 Rossi Piercarlo 11 Agarwal Manmohan 7 Galai Dan 9 Leonello Agnese 31 Roy Kartik C 10 Agarwal Sumit 14 Gergaud Olivier 15 Leong Puey Ei 6 Saggi Kamal 20 Aliev Rafik Aziz 28 Glau Kathrin 25 Leung Tim Siu-tang 26 Sandor Richard L 29 Allen David Edmund 8 Glimcher Paul W 16 Li Fujian 5 Sargent Thomas J 29 Amri Mulya 6 Goodstein David L 14 Li Youmei 5 Scheffler Richard M 18 Scherer Matthias 8,25 Anderson Kym 7 Gopalan Sasidaran 6 Lim Linda Y C 10 Schneider Lorenz 25 Ang Swee Hoon 14 Gorg Holger 16 Lim Tai Wei 4 Sculpher Mark 17 Ashenfelter Orley 15 Greene Joshua E 23 Lim Tao Oei 6 Sharma Jigyasa 6 Azid Toseef 20 Grosskopf Shawna 24 Limao Nuno 20 Sharma Suman Kumari 13 Bacha Obiyathulla Ismath 22 Guo Li 4 Linders Daniel 25 Sing Tien Foo 14 Bachman Daniel 28 Guo Xiumei 12 Lipton Alexander 25 Singh Abhay Kumar 8 Bal Peter 12 Guo Yanjun 5 Liu Jiaqi 4,13 Smith Donald J 31 Barrieu Pauline 26 Gurd Bruce 4 Lleo Sebastien 23 Soh Ning En Christabelle 15 Basu Arnab K 16 Haba Kumiko 16 Lothian James R 23 Soin Kanwaljit 17 Beja Jr Edsel L 7 Hanley Aoife 16 Low Linda 30 Song Lin 6 Hansen Lars Peter 29 Belhaj-bouabdallah Yacine 13 Lu Jianren 4 Spadafora Luca 27 Bergin Paul R 24 Hardy Alfredo Toro 21 Luu Nguyen Trieu Duong 6 Spigarelli Francesca 16 Berman Gennady P 27 Hasegawa Tomonori 17 Maclean Leonard C 32 Stefanescu Catalin 22 Besar Mohd Hairul Azrin Haji 20 Hasegawa Toshihiko 17 Madu Christian N 13 Storchmann Karl 15 Bianchi Michele Leonardo 26 Hassapoyannes Katharina 11 Mai Jan-frederik 8 Stoyanov Stoyan 26 Bierman, Jr Harold 8, 9 Hauskrecht Andreas 22 Malliaris Anastasios G 29,30 Suhrcke Marc 17 Bifulco, Jr Robert 23 Haven Emmanuel 8 Manganelli Simone 31 Suzuki Kenichi 4 Binte Ahmad Nursyahida 6 Hazari Bharat R 20 Margaritis Dimitris 24 Swan Melanie 31 Blandford David 11 Healy Joseph C 5 Marinova Dora 12 Takagi Soichiro 31 Botelho Anabela 14 Hey John Denis 15 Matthew Richard M 14 Tan Cheryl 7 Boubaker Sabri 31 Hirao Tomohiro 17 Mccain Roger A 23 Tan Isaac Yang En 11 Brick Ivan E 9 Hirst Neil A C 12 Meilke Karl 10 Tan Khee Giap 6,11 Brown Kerry 32 Holmlund Bertil 25 Mendoza Ronald U 7 Tan Tsiat Siong 12 Tan Yang En Isaac 6 Bryant William David Anthony 14 Hong Yongmiao 29 Meyers William H 10 Tasca Paolo 31 Buchanan Dennis L 9 Hoon Hian Teck 24 Min Aleksey 25 Tassinari Gian Luca 26 Byun Jinho 30 Hu Teh-wei 17 Mirakhor Abbas 22 Tay Simon 7 Calin Ovidiu 27 Ichimura Shinichi 28 Mizobata Satoshi 16 Teehankee Julio C 7 Canterbery E Ray 14,19 Inada Yoshihisa 25 Moffitt Steven D 31 Tettamanti Mario 4 Chan Wai-sum 27 Institute of Advanced Studies, 5 Moreno-serra Rodrigo 17 Thompson Henry 22 Chatterjea Arkadev 26 NTU, Singapore Mucelli Attilio 16 Thong Gui Hong Benjamin 15 Chau Nancy H 16 Intriligator Michael D 14 Mukhlisin Murniati 20 Tse Yiu-kuen 27 Chen Gengxuan 24 Jarrow Robert A 26,32 Munoz-garcia Felix 14 Tsuchiya Osamu 26 Cheng Shou-hsia 17 Je Hyun-jung Jessie 20 Naisbitt Doris 14 Tulkens Henry 13 Cheung Yin-wong 20 Jha Raghbendra 11 Naisbitt John 14 Venezia Itzhak 30 Jiang Fangfei 4 Chiang Tung-liang 17 Nakanishi Noritsugu 21 Villamejor-Mendoza Maria Fe 7 Johnson Thomas G 10 Chichilnisky Graciela 12 Nawrot Katarzyna Anna 16 Vu Tien Loc 6 Jones Ronald W 19 Choudhury Masudul Alam 15 Nguyen Duc Khuong 31 Wang Jing 7 Chuah Hui Yin 6 Josling Timothy 10,11 Nguyen Duy 6,11 Watkins Todd A 10 Clark Ephraim 22 Jozsa, Jr Frank P 33 Nicolas Frank 30 Westerholm Peter Joakim 31 Cox III Eli P 18 Kar Sandip 10 Nie Yongyou 5 Whalley John 7 Crouhy Michel 9 Karim Wazir Jahan 32 Park Donghyun 15 Wiener Zvi 9 38 Dai Xiudian 11 Kaufman George G 29,30,31 Pauly Peter 28 Williams Edward E 27 Dana Leo-paul 21 Keiding Hans 18 Pelzman Joseph 10 Williamson Oliver Eaton 24 Davis Mark H A 9 Khrennikov Andrei Yu 8 Perron Pierre 28 Witte Frank 15,31 Wong Kar-yiu 24 Dempsey Michael Joseph 9 Kim Keunsoo 30 Peyman Hugh 4 Woo Jun Jie 32 Dinar Ariel 14 Kim Suk-joong 22 Plassmann Hilke 16 Wu Xinbo 5 Dobelman John A 27 Kinoshita Soshichi 28 Plummer Michael G 19 Yamada Mitsuo 28 Dror David M 17 Kleer Jerzy 16 Poniachek Harvey 8 Yang Bong Min 17 Duncombe William 23 Klein Lawrence R 28 Poon Ser-huang 8 Yin Feng 5 Dyker David A 11 Kong Tuan Yuen 4 Potts Jason 31 Yinger John 12 Ernst Dieter 19 Konstantinides Dimitrios George 29 Preker Alexander S 17,18 Yip Winnie Chi-Man 17 Espinola-arredondo Ana Fabiola 14 Kreickemeier Udo 21 Prisman Eliezer Z 32 Yong Jiongmin 28 Evanoff Douglas D 29,30,31 Kuboniwa Masaaki 16 Quah Euston 12,13 Yu Xugang 4 Evans Martin D D 24 Kuei Chu-hua 13 Revill Paul 17 Zagst Rudi 25 Fabozzi Frank J 26 La Vina Antonio G M 7 Richardson Martin 21 Zhang Hongzhong 25 Fan Zuojun 4 Laruelle Sophie 29 Rivera-batiz Francisco 19 Zhang Xuyao 6 Farah Paolo 11 Lavi Diamanta Vania 6 Rivera-batiz Luis 19 Zhao Zheng 13 Fare Rolf 24 Lee Andrea Noelle 7 Rizzi Cristiano 4 Zhitlukhin Mikhail 23 Fielding Anthony 11 Lee Bernard 26 Roberts Donna H 10 Zhou Shida 11 Focardi Sergio 26 Lee David Kuo Chuen 30 Robinson Terry R 8 Ziccardi Fabio 4 Fratianni Michele 22 Lee Jong-wha 7 Rosefielde Steven 16 Ziemba William T 15,23,32 www.worldscinet.com ePackage solutions for libraries

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