Sabtu, 14 Februari 2015

[H390.Ebook] Ebook The Practice of Research: How Social Scientists Answer Their Questions, by Shamus Khan, Dana R. Fisher

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The Practice of Research: How Social Scientists Answer Their Questions, by Shamus Khan, Dana R. Fisher

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The Practice of Research: How Social Scientists Answer Their Questions, by Shamus Khan, Dana R. Fisher

This unique reader for research methods courses looks at how social scientists ask and answer questions. The Practice of Research presents a practical guide to doing research by excerpting well-known studies by some of the most distinguished social science researchers in the field today. The excerpts represent nine methodological approaches and are accompanied by reflections where authors reveal how they resolved some of the challenges that face almost all research projects.

Contributors include:

* Jessica Brown, University of Houston
* Shelley Correll, Stanford University
* Eszter Hargittai, Northwestern University
* Michael T. Heaney, University of Michigan
* Steven Hitlin, University of Iowa; J. Scott Brown, Miami University; and Glen H. Elder, Jr., University of North Carolina
* Ziad Munson, Lehigh University
* Mario Luis Small, University of Chicago

The personal reflections written by authors of each excerpted paper were prepared specifically for this volume. Focusing on the experience of actually doing research, The Practice of Research illustrates methods in action. This volume lets students not just read exemplary papers, but also gives students access to these authors as they personally narrate their practical solutions to common research challenges.

  • Sales Rank: #556387 in Books
  • Published on: 2013-07-29
  • Released on: 2013-07-29
  • Original language: English
  • Number of items: 1
  • Dimensions: 6.10" h x .70" w x 9.10" l, .70 pounds
  • Binding: Paperback
  • 224 pages

About the Author

Shamus Khan is Associate Professor in the Department of Sociology at Columbia University. He is the author of Privilege: The Making of an Adolescent Elite at St. Paul's School (2011).

Dana R. Fisher is Associate Professor in the Department of Sociology and Director of the Program for Society and the Environment at the University of Maryland. She is the author of Activism, Inc. (2006) and National Governance and the Global Climate Change Regime (2004).

Most helpful customer reviews

1 of 2 people found the following review helpful.
Good book; needed it for a class
By Miss Kitty
Good book; needed it for a class. Many different sociological perspectives on how to create unbiased, professional research projects. Took off one star for the price.

0 of 0 people found the following review helpful.
Five Stars
By richmac
as advertised.

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Kamis, 12 Februari 2015

[J692.Ebook] Free PDF Organisation Design, by Nicolay Worren

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Organisation Design, by Nicolay Worren

Organization design is part of every manager and leader’s job: attempting to understand and improve how organizations function through creating or adjusting of roles, processes, and structures. In fact, most managers are faced with organization design challenges on an almost daily basis.

Managers constantly design and redesign individual roles, define new projects (including their structure and reporting relationships), and contemplate better ways to co-ordinate organizational processes with multiple internal stakeholders.  Periodically they may also make more fundamental changes to business structures, or adapt and implement high-level designs developed by others.

This textbook introduces concepts and frameworks for designing complex organizations. It starts by outlining some of the key concepts that serve as a foundation to understanding how the theory applies in practice. It also reviews the status of organisation design - as a field of research and as a practical discipline - both its achievements, and some of its challenges and limitations. It then discusses how the field can develop to ensure that it provides research-based and useful knowledge that contributes to enhancing the effectiveness of organizations.

 

“Nicolay Worren provides a much needed blend of organization design theory and practice as well as a rigorous approach to simplifying today’s complex global enterprises. It is an essential read for any organizational designer”

Marc Gerstein, past president of the Organization Design Forum and author of Organizational Architecture and Flirting with Disaster

“…The message that organization design is a part of every managers’ job, is a major determinant of effectiveness, but requires considerable skill, comes through load and clear from this book.  With its use of challenges, key questions and proposed approaches the book explains complex concepts and provides a good blend academic insight and practical relevance”.

Paul R. Sparrow, Director, Centre for Performance-led HR, Lancaster University Management School

“In training the future leaders of the corporate world, business schools have historically placed little emphasis on organization design. Nicolay Worren’s book on organization design demonstrates this is a huge mistake. How we design our corporations has an enormous impact on their performance! Worren develops a novel, complexity-oriented approach by advocating a ‘design’ rather than ‘decision-making’ attitude. Worren’s book draws on organizational architecture as a key notion and also provides a clear, step-by-step process toward applying core ideas in organizational design and architecture. A must-read for today’s (aspiring) managers.”

Georges Romme, Dean of Industrial Engineering & Innovation Sciences, Eindhoven University of Technology, the Netherlands

“This clearly written book offers a contemporary and thoughtful presentation of the architectural options involved in organisational design. It candidly acknowledges the neglect of organisational design in much research (…). It emphasizes that the topic of organisational design must include processes of design (…) Overall, Nicolay Worren persuasively makes the argument that organizational design deserves to be a core topic in the modern business school.

Lex Donaldson, Professor of Management in Organisational Design, Australian School of Business, University of New South Wales

  • Sales Rank: #947615 in eBooks
  • Published on: 2012-08-07
  • Released on: 2012-08-07
  • Format: Kindle eBook
  • Number of items: 1

About the Author
Nicolay Worren is an organisation design consultant based in Norway. He has worked for PA Consulting, Aker Solution and Accenture and holds graduate degrees from Oxford, McGill and the Norwegian School of Management.

Most helpful customer reviews

3 of 3 people found the following review helpful.
Psst, there's potential for disruption in organization design
By Chris Whitside
This important new book introduces the executive suite to Axiomatic Design.

While Nicolay Worren explains that his new book is intended for MBA students and executives, one can't escape the thought that much of the learning it offers could be useful to a much larger audience. In fact, it might even be inspiring to those confronted by the complex dynamics and ambiguity in modern business design, and hoping for tools to manage that growing complexity. After all, the book's stated purpose is to promote approaches to organization design that are focused, current, rigorous and pragmatic. In other words, its aim is to bring science to a business where it has been lacking. Organisation Design: Re-defining Complex Systems achieves that, especially with its bold introduction of Axiomatic Design.

The thing about an open scientific approach, however, is that it potentially puts organization design thinking into the minds of any employee at the very time when the structure of agile companies are flattening and employees are having more say in the design of their own work. As the author points out, research shows "successful firms pushed decision making down the organization, achieved fast, easy and abundant sharing of information, and encouraged creativity and learning among employees." With this book, organization design is no longer a dark art where corporate witch doctors follow arcane recipes to satisfy only a few privileged stakeholders at the top. Today, organizations are increasingly collaborative systems and, to work most effectively, employees need to understand their role in the system holistically and to act accordingly.

The book is a model of a clear-headed, systems approach in its very layout. Each chapter begins with a bullet-point overview to establish the need for what is about to be discussed. This orientation to salient needs reflects the one thing of primary importance in designing every role and activity in an organization: its purpose. If you're unclear, for instance, how a role's purpose supports corporate strategy (i.e. you're not asking the right questions), you'll never get the right solution.

While this disciplined orientation to satisfying functional requirements is not exactly new, what is new is the methodology for achieving it. Axiomatic Design, invented by Professor Nam P. Suh (MIT and KAIST universities), is emerging as a formidable tool for managing complexity. A.D. has been applied very successfully in the world of engineering and product design but this seems to be the first book advocating its application to organization design.

Axiomatic Design comprises four design stages: strategic needs, functional requirements, design parameters, and process variables. The magic of Axiomatic Design is in the way design processes zig zag back and forth to ensure coherence between each stage. In fact, as Worren points out, this coherence-checking between design and the strategy it is intended to serve, can have the effect of requiring changes in strategy--it's a two way street.

According to Axiomatic Design, complexity is a function of coupling or interdependency. In fact, Axiom Number One is called the Independence Axiom which states "Maintain the independence of functional requirements." For example, an employee will be more prone to make errors when there is ambiguity about who he or she reports to. While there may, in fact, be justifiable reasons for structural ambiguity, those reasons need to be assessed methodically. Here, Worren makes a distinction between necessary complexity and unnecessary complexity.

Normally, it is best to remove all complexity i.e. coupling of ambiguous or conflicting functions. Sometimes, though, complexity can be beneficial, for example, when it enables solutions impossible by any other means or when the ability to deal with complexity is a competitive advantage. With that in mind, the design exercise becomes, first, to root out unnecessary complexity and then to manage or mitigate the risks of the necessary complexity.

To assess where coupling occurs in organization design, a Design Structure Matrix is used to graph the overlaps. At the highest, most superficial level, these matrices can be very easy to understand and work with. Although Worren doesn't go much deeper than that, the experience of Axiomatic Design as it's applied to product design promises much more. When design analysis drills down into finer detail and greater scope, the matrix maps can become extremely dense. But that is also where patterns begin to emerge that can point to major systemic changes being required.

To date, most organization design has been based on simple economics models. That is, you pay for someone to perform whatever function you demand and that's it. In competitive businesses today, that won't work anymore; employee relationships are becoming as complex as the jobs they are performing. High quality employees demand autonomy and empowerment so that they have a say in the design and performance of their roles. They demand the resources they need to master their roles. And they want clearly defined roles.

The costs of not moving to complexity management in organization design are huge. First, as an organization grows, the number of interactions within the organization grows. For the most part, this is unnecessary complexity that comes with increasingly onerous coordination costs. Every relationship or process handoff is a potential problem that needs to be escalated to management.

In addition to lower performance, the other problem with ambiguity in the workplace is unethical behavior. As the author describes in cases such as Enron, Arthur Anderson and other business disasters, the source of trouble was in ambiguous policies and roles. The reason or excuse for these painful failures was the fog of complexity.

With transparent sharing of knowledge and social learning in well-designed organizations today, it's hard to imagine empowered employees allowing such situations to develop. Where it will happen, however, is in an organization structure where there isn't that sense of clarity and transparency, where employees feel inclined to say "it's not my job, it's not my problem."

The greatest hope that shines through in Organization Design: Re-defining Complex Systems is in the promise of greater agility. Using these tools for complexity management and designing employee roles that are more entrepreneurial, organization design becomes dynamic and ongoing. Instead of being forced into a panicky reinvention whenever it's confronted by market changes, an organization designed top to bottom for managing complexity has the resilience to adapt more readily. That's a clear-cut edge over competitors burdened with traditional organization structures. In fact, if done right, it could be disruptive.

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[Q125.Ebook] PDF Ebook Eclipse Rich Client Platform (vogella series), by Lars Vogel

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Eclipse Rich Client Platform (vogella series), by Lars Vogel

This book gives a detailed introduction into the Eclipse platform and covers all relevant aspects of Eclipse RCP development. Every topic in this book has a content section in which the topic is explained and afterwards you have several exercises to practice your learning. You will be guided through all relevant aspects of Eclipse 4 development using an comprehensive example which you continue to extend in the exercises. You will learn about the new programming concepts of Eclipse 4, e.g. the application model, dependency injection, CSS styling, the renderer framework, the event system and much more. Proven Eclipse technologies like SWT, JFace viewers, OSGi modularity and services, data binding, etc. are also covered in detail. This book requires a working knowledge of Java and assumes that you are familiar in using the Eclipse IDE for standard Java development. It assumes no previous experience of Eclipse plug-in and Eclipse RCP development.

  • Sales Rank: #1116817 in Books
  • Published on: 2015-05-13
  • Original language: English
  • Dimensions: 9.69" h x 1.85" w x 7.44" l,
  • Binding: Paperback
  • 818 pages

About the Author
Lars Vogel is the founder and CEO of the vogella GmbH company. As co-lead of the Eclipse Platform UI and the e4 project, he is actively developing and designing the Eclipse platform code. He loves to share his knowledge by writing books and tutorials or by presenting at international software conferences. He also likes to share knowledge with the customers of the vogella GmbH. Here he delivers development, consulting, coaching and training in the areas of Eclipse, Android and Git. These customers include Fortune 100 corporations as well as individual developers. Lars is a nominated Java Champion since 2012. In 2010 he received the Eclipse Top Contributor Award and in 2012 the Eclipse Top Newcomer Evangelist Award.

Most helpful customer reviews

2 of 2 people found the following review helpful.
There are cases he did not explain in detail steps leading to confusion and waste time to figure out
By R. Yang
Since I am using the latest version of eclipse, its tab names are different from the book. There are cases he did not explain in detail steps leading to confusion and waste time to figure out. Otherwise, it is good.

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Rabu, 04 Februari 2015

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En el contexto de la literatura latinoamericana, Aline Pettersson es una de las primeras escritoras contemporáneas que se han interesado en un tema poco popular: la soledad de la mujer soltera, y la condición femenina; el amor, la noción del tiempo, lo cotidiano y la creciente violencia de fin de siglo. Este volumen integra sus libros Más allá de la mirada (cuentos), De cuerpo entero (autobiografía), Viajes paralelos (reflexiones) y las novelas Casi en silencio, Círculos, Sombra de ella misma, Los colores ocultos y La noche de las hormigas.

  • Sales Rank: #2827340 in eBooks
  • Published on: 2007-08-31
  • Released on: 2007-08-31
  • Format: Kindle eBook

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0 of 0 people found the following review helpful.
Five Stars
By Kindle Customer
Excelente escritora.

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Senin, 02 Februari 2015

[R136.Ebook] Free PDF Cam Jansen and the Catnapping Mystery (Cam Jansen Adventure), by David A. Adler

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Cam Jansen and the Catnapping Mystery (Cam Jansen Adventure), by David A. Adler

Who catnapped Little Tiger? And why would someone want to steal a helpless woman?s cat? Cam Jansen is the only one who can identify the suspect. Now it?s up to Cam and her photographic memory to solve this frisky mystery.This new Cam Jansen adventure includes?for the first time?a visual puzzle for readers to solve. ?Fans of the detective?s previous adventures as well as newcomers to the series will quickly finish off this upbeat story.? ? School Library Journal for Cam Jansen and the Chocolate Fudge Mystery

  • Published on: 2002-02
  • Original language: English
  • Number of items: 1
  • Dimensions: 8.00" h x 5.25" w x .25" l,
  • Binding: Turtleback

From School Library Journal
Grade 2-4-In this 18th adventure, Cam Jansen, her parents, and her friend Eric are on their way to meet her aunt at the Royal Hotel. There, Cam overhears a conversation between a distressed hotel guest and Michael, the bellhop. Esther Wright states that on her arrival, she gave her luggage and her traveling companion, "Little Tiger," to a bellhop outside the hotel to take to her room. The cat never made it there. A ransom-demanding phone call confirms Esther's worst fears-"Little Tiger" has been catnapped. Cam once again solves the mystery and helps catch the crook. With her photographic memory, she makes mental notes of events and details that the rest of her family and friends dismiss. Pen-and-ink drawings appear frequently throughout, and a visual puzzle to solve is included at the end. Another fine mystery for beginning chapter-book readers.
Kit Vaughan, J. B. Watkins Elementary School, Midlothian, VA
Copyright 1999 Reed Business Information, Inc.

About the Author
David A. Adler and Susanna Natti are the author and illustrator of the Cam Jansen chapter book series and the Young Cam Jansen Easy-to-Read series.

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0 of 0 people found the following review helpful.
Good
By David Amador
excellent

0 of 0 people found the following review helpful.
Five Stars
By Cassandra
:)

0 of 0 people found the following review helpful.
Saving felines is her next mystery, we LOVE Cam Jansen!
By WannaBeABetty
You have to love Cam Jansen. When you're a kid, you read all of these stories about magic powers, mystery, and adventure. But everyone tells you magic can't exist. Cam Jansen manages to solve every case without the use of magic... she's a real girl. That's what makes her special and what makes you want to red more and more. Cam Jansen is a real kid superhero, and the thought that a person like her could actually exist... makes her the best kid detective ever! Our family loves Cam Jansen!

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Minggu, 25 Januari 2015

[U693.Ebook] Ebook Free We have met before: The Siddha Yoga Meditation Tour with Gurumayi Chidvilasananda, by Gurumayi] [Chidvilasananda

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We have met before: The Siddha Yoga Meditation Tour with Gurumayi Chidvilasananda, by Gurumayi] [Chidvilasananda

In mid-November 1995, Gurumayi Chidvilasananda began a journey that awakened the hearts of thousands of seekers. The Siddha Yoga Meditation Tour of 1995-1996 spanned 21 cities on two continents. For seven months, Gurumayi held public programs and meditation Intensives, visited Siddha Yoga Meditation centers, and chanted and meditated with hundreds of people who experienced the power of their own inner joy and love in ways they could never have imagined. Highlights of this remarkable tour are vividly documented in this spectacular book, featuring Gurumayi's words, the experiences of those touched by the tour, and 150 exquisite color photographs. Chapters are devoted to each of the six major tour stops and reveal the impact of Gurumayi's grace upon those she met as she traveled through California, Mexico, and Europe.

  • Sales Rank: #1341628 in Books
  • Brand: Brand: SYDA Foundation
  • Published on: 1996
  • Format: Abridged
  • Binding: Paperback
Features
  • Used Book in Good Condition

Excerpt. © Reprinted by permission. All rights reserved.
"Thank you very much for sharing your sweetness and the contents of you heart so openly, so honestly, and so bravely. It's great to see so many familiar faces and so many new, familiar faces. I can never say I am meeting someone for the first time because that is untrue. We have met one another in so many different ways, in so many different forms. Finally, we meet in this form because it has been our wish. This is the promise we have kept. It is a promise being fulfilled.

It is not so much that we are meeting one another for the first time because when we meet, there is no strangeness. It feels like we have seen each other before, we have spoken to one another before, we have loved one another before. That has been the experience over the years we are not meeting for the first time; we have met before." - Gurumayi Chidvilasananda

Most helpful customer reviews

0 of 0 people found the following review helpful.
Great
By GM
Great condition, and a great collection of photos and stories of the tour. Thank you thank you! Om om om!

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Selasa, 20 Januari 2015

[G147.Ebook] Free PDF Against the Gods: The Remarkable Story of Risk, by Peter L. Bernstein

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Against the Gods: The Remarkable Story of Risk, by Peter L. Bernstein

A Business Week, New York Times Business, and USA Today Bestseller

"Ambitious and readable . . . an engaging introduction to the oddsmakers, whom Bernstein regards as true humanists helping to release mankind from the choke holds of superstition and fatalism." -The New York Times

"An extraordinarily entertaining and informative book." -The Wall Street Journal

"A lively panoramic book . . . Against the Gods sets up an ambitious premise and then delivers on it." -Business Week

"Deserves to be, and surely will be, widely read." -The Economist

"[A] challenging book, one that may change forever the way people think about the world." -Worth

"No one else could have written a book of such central importance with so much charm and excitement." -Robert Heilbroner author, The Worldly Philosophers

"With his wonderful knowledge of the history and current manifestations of risk, Peter Bernstein brings us Against the Gods. Nothing like it will come out of the financial world this year or ever. I speak carefully: no one should miss it." -John Kenneth Galbraith Professor of Economics Emeritus, Harvard University

In this unique exploration of the role of risk in our society, Peter Bernstein argues that the notion of bringing risk under control is one of the central ideas that distinguishes modern times from the distant past. Against the Gods chronicles the remarkable intellectual adventure that liberated humanity from oracles and soothsayers by means of the powerful tools of risk management that are available to us today.

"An extremely readable history of risk." -Barron's

"Fascinating . . . this challenging volume will help you understand the uncertainties that every investor must face." -Money

"A singular achievement." -Times Literary Supplement

"There's a growing market for savants who can render the recondite intelligibly-witness Stephen Jay Gould (natural history), Oliver Sacks (disease), Richard Dawkins (heredity), James Gleick (physics), Paul Krugman (economics)-and Bernstein would mingle well in their company." -The Australian

  • Sales Rank: #32260 in eBooks
  • Published on: 2008-04-21
  • Released on: 2008-04-21
  • Format: Kindle eBook

Amazon.com Review
With the stock market breaking records almost daily, leaving longtime market analysts shaking their heads and revising their forecasts, a study of the concept of risk seems quite timely. Peter Bernstein has written a comprehensive history of man's efforts to understand risk and probability, beginning with early gamblers in ancient Greece, continuing through the 17th-century French mathematicians Pascal and Fermat and up to modern chaos theory. Along the way he demonstrates that understanding risk underlies everything from game theory to bridge-building to winemaking.

From Publishers Weekly
Risk management, which assumes that future risks can be understood, measured and to some extent predicted, is the focus of this solid, thoroughgoing history. Probability theory, pioneered by 17th-century French mathematicians Blaise Pascal and Pierre de Fermat, has made possible the design of great bridges, electric power utilities and insurance policies. The statistical sampling methods invented by dour Swiss scientist Jacob Bernoulli undergird diverse activities such as the testing of new drugs, stock-picking and wine tasting. Bernstein (Capital Ideas) animates his narrative with a colorful cast of risk-analyzers, including gambling addict Girolamo Cardano, 16th-century Italian physician to the Pope; and John Maynard Keynes, whose concerns over economic uncertainty compelled him to recommend an active, interventionist role for government. Bernstein also traces the development of business forecasting, game theory, insurance and derivatives, and surveys recent advances in risk forecasting made possible through chaos theory and by the development of neural networks.
Copyright 1996 Reed Business Information, Inc.

From Library Journal
For several centuries, mathematics has been the language of the exact sciences. Only in the 20th century has mathematics become predominant in other fields, particularly economics and finance. In this book, Bernstein (Capital Ideas: The Improbable Origins of Modern Wall Street, LJ 12/91), head of an economic consulting firm, traces the development of probability theory from its beginnings in analyzing games of chance, through its application to statistical theory and insurance, up to its present use in developing investment strategies to control risk. He includes excellent sections on portfolio analysis and on investments in derivatives. Bernstein clearly describes the people, their work, and the events that have revolutionized the thinking on Wall Street. A worthwhile acquisition for business and math collections.?Harold D. Shane, Baruch Coll., CUNY
Copyright 1996 Reed Business Information, Inc.

Most helpful customer reviews

2 of 2 people found the following review helpful.
Best Book I've Ever Read
By Dave
This is one of the best books I have ever read. I work in insurance and have studied math most of my adult life so I am biased but tracing the intellectual history of what I do today was worth every minute I spent reading this book.

I highly recommend to anyone who enjoys math, finance, insurance, or history.

1 of 1 people found the following review helpful.
The one introduction to risk management
By Jacob Taarup
There are only a few books on risk that can be said to be instrumental in determining how the field has evolved. This book is required reading for any risk scholar and one of the cornerstones in our knowledge on risk and risk management practices.

8 of 8 people found the following review helpful.
Odds Are, You'll Like It
By K. Johnson
The origins, historical progression, and modern concept of risk is

presented in "Against the Gods." From the abacus to rolling dice,

annuities, insurance industry origins, explorations, gambling,

military tactics, scientific research, to investing, and more. In

most things in life big and small, there is some element of risk is

involved. This book presents Risk, and how our civilization has

utilized it - and needed it - to evolve to where it is today.

Individuals and groups don't take a risk with the expectation that it

will fail (although there's awareness that failure is a possibility).

The *expectation* is not of failure.

Peter Bernstein made this topic fun and informative for those of us

that are 'non-numerically oriented.' Actually, the concept of risk

involves a lot of non-mathematical and statistical concepts.

The writing style and chapter titles are hip: "The Winds of the

Greeks and the Roll of the Dice, The Renaissance Gambler, The Measure

of Our Ignorance, The Man Who Counted Everything Except Calories, The

Failure of Invariance," and "Awaiting the Wildness," for example.

The modern and Western concept of risk began with the Hindu-Arabic

numbering system that arrived in the West about 700 years ago. The

more in-depth examination of risk truly began during the Renaissance,

resulting in exploration an the exploitation of resources.

In Chapter 10, "Pea pods and Perils," Bernstein emphasizes the

rock-solid concept of "Regression to the Mean" (RoM). This is true

especially concerning the historical trends and patterns of the

financial markets. Yet, he notes how difficult the Predictable

Regression of the Mean is for humans to plan with RoM, and around it.

There are three reasons why humans have trouble using the RoM in

decision-making: 1) It proceeds so slow that a 'shock' will disrupt

the process, 2) When the RoM is reached, as it is periodically

people don't recognize it and hover on either side of the mean, and

3) The old mean may be unsustainable, meaning the old Mean is being

replaced by a new Mean. But....there still is....a Mean.

Bernstein states on page 173:

"If you bet that today's normality will extend indefinitely into the

future, you will get rich sooner and face a smaller risk of going

broke than if you run with the crowd."

This strategy seems oriented for the long-term growth oriented crowd.

We witnessed the sheep and lemmings in the late 1990s that

jumped onto the Tech Bubble Wagon, only to get burned badly by not

getting off in time. (Or perhaps, the sheep got out in time, but the

lemmings didn't.) Some similarities In 2007 with the Real Estate SFH

housing and condo speculation, flipping, and sub-prime mortgage and

ARM market, currently.

A certain percentage of the human population are basically, lemmings.

Bernstein spent some time on Jacob Bernoulli. Bernoulli's notion of

"satisfaction resulting from any small increase in wealth will be

inversely proportionate to the quantity of good previously

possessed." And perhaps this is why King Midus was an unhappy man.

What are the consequences of excluding, avoiding, or making risk

illegal? In modern times, when the Soviets tried to administer

uncertainty out of existence through the government fiat and

planning, they choked off social and economic progress. Communism is

contrary to human nature. But much of it was that communism took

away the concept of risk.

Risky Businesses, or business involving risk: the insurance industry

actually goes back to the Code of Hammurabi in 1800 BC. Called

"Bottomry," the owner of the ship would take out a loan to finance a

ship's voyage. No premiums were every paid but if the ship was lost,

the loan didn't have to be repaid.

The concept of life insurance basically began in Greece and Rome. In

the Middle Ages, the growth in trade spurred the insurance and

finance industries in Western Europe.

Tons of info. on common things we usually don't think of know much

about, that you can further delve into: The American game of "craps"

came to Europe via the Crusades. The mathematical invention of the

"0" and the abacus which still is in our roots. The Abacus is the

oldest counting instrument in our history. The word "Abacus" comes

from the Greek word for "sand" and "calculate" comes from the Latin

word for pebble, "calculus."

John Von Neumann invented Game Theory. Defeat is highly likely of

you play to win rather than avoid losing. True in everyday business.

There are benefits to cooperation, that produces two winners or

semi-winners rather than on loser and one winner.

A great book. If you read it, I think the odds are that that you'll

like it. :)

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