Topics such as market effects of asymmetric information, game theory approaches to international trade, and spatial models of monopolistic competition appear throughout the text. A wide variety of sources examine actual market interactions, providing a more realistic view of the economy. "Investigations" at the end of each part provide more extensive empirical applications, giving students a real sense of what economists actually do.

Microeconomics

Business & Money

Grinols, Earl L.

Economics

Houghton Mifflin College Div.

Houghton, Mifflin Company

The public decision-making process governing the issue of casino gambling tends to lead to wrong outcomes, and the studies typically provided to justify the phenomenon are conceptually flawed. Seeking to describe what true economic development is, this study establishes the framework for a valid cost-benefit analysis to assess whether it actually occurs and its methods can be applied to the casino industry in America. Accounting for a wide range of economic and social factors, Earl Grinols concludes that the social costs of casino gambling considerably outweigh their social benefits.

Gambling in America: Costs and Benefits

Cambridge University Press

Health Care for Us All

Health Care for Us All challenges the common belief that health care problems in the United States are difficult and possibly insoluble. Americans want to get more for their health care spending, including insurance coverage for all that is personal, portable, and permanent. They want a system that respects incentives for quality care, exhibits a responsible approach to the budget, and is sustainable. Health Care for Us All adopts these five objectives and applies an efficiency filter to identify the virtually unique framework that meets all objectives. Impediments to achieving Americans' goals can be summarized under the rubrics of too little insurance, too little income, and too little properly functioning market. The efficient remedy for each is the subject of the book. Related philosophical as well as economic issues, such as why there should be government involvement in health care, are analyzed.

Health Care for Us All: Getting More for Our Investment

Henderson, James W.

Sports & Outdoors

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Books by Grinols, Earl L.