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Henry and Edsel by Richard Bak,

Henry and Edsel by Richard Bak,
One hundred years after a rawboned mechanical genius transformed his vision of " a car for the masses" into one of the world s first major automobile manufacturers, a great story remains to be told.It is a multigenerational saga of fathers and sons and the epic struggle for control of an industrial empire. Henry and Edsel is the first biography to focus on both the legendary founder of the Ford Motor Company and the son who led the company s transformation from successful manufactur to business empire.Author Richard Bak offers a daring new perspective on the human drama that changed the shape of Ford.He examines the ongoing friction between Henry and Edsel over adapting to a changing competitive environment and lays bare the stark contrasts between the two men both their personalities and their approach to the design, construction, and marketing of automobiles. In these pages, Henry Ford emerges as a complex and self-contradictory man who was not entirely comfortable in the new world that he had done so much to create.Renowned as an innovator, he resisted desperately needed changes in his own company everything from painting cars any color other than black to providing financing for car buyers.A self-styled friend of the working man, he despised labor unions and appointed the ruthless Henry Bennett to squash any hint of unionization at Ford. Among the many surprises in this fascinating exploration of the ultimate family business run by the quintessential business family is its portrait of Edsel Ford.Often viewed as a weak and ineffectual manager, Edsel is revealed as a gifted, levelheaded, and imaginative businessman with a keen sense of where themarket was headed. When the company s very survival was at stake during the tumultuous 1920s and 1930s, it was Edsel who envisioned and pushed for the daring changes that turned Ford into a powerful, modern corporation.



Microscopic Simulation of Financial Markets: From Investor Behavior to Market Phenomena by Haim Levy,
Microscopic Simulation of Financial Markets: From Investor Behavior to Market Phenomena by Haim Levy,
Microscopic Simulation (MS) uses a computer to represent and keep track of individual ("microscopic") elements in order to investigate complex systems which are analytically intractable. A methodology that was developed to solve physics problems, MS has been used to study the relation between microscopic behavior and macroscopic phenomena in systems ranging from those of atomic particles, to cars, animals, and even humans. In finance, MS can help explain, among other things, the effects of various elements of investor behavior on market dynamics and asset pricing. It is these issues in particular, and the value of an MS approach to finance in general, that are the subjects of this book. The authors not only put their work in perspective by surveying traditional economic analyses of investor behavior, but they also briefly examine the use of MS in fields other than finance. Most models in economics and finance assume that investors are rational. However, experimental studies reveal systematic deviations from rational behavior. How can we determine the effect of investors' deviations from rational behavior on asset prices and market dynamics? By using Microscopic Simulation, a methodology originally developed by physicists for the investigation of complex systems, the authors are able to relax classical assumptions about investor behavior and to model it as empirically and experimentally observed. This rounded and judicious introduction to the application of MS in finance and economics reveals that many of the empirically-observed "puzzles" in finance can be explained by investors' quasi-rationality. Researchers use the book because it models heterogeneous investors, a group thathas proven difficult to model. Being able to predict how people will invest and setting asset prices accordingly is inherently appealing, and the combination of computing power and statistical mechanics in this book makes such modeling possible.



HfB - Business School of Finance & Management - The Business School of Finance and Management (former Hochschule für Bankwirtschaft, HfB) is located in Frankfurt, Germany. This rather new private university is focused on financial business and cooperates with many German and foreign banks in Frankfurt.

London Business School - London Business School, in London (UK), established in 1965, is an international business school providing postgraduate degrees in finance and management, including MBA (Master of Business Administration) courses, as well as non-degree courses for business executives.

Business school - A business school is a university-level institution that teaches topics such as accounting, finance, marketing, organizational behavior, strategy and quantitative methods. They include schools of "business", "business administration", and "management".

Tianjin University of Finance & Economics - Tianjin University of Finance & Economics (天津财经大学) is a university in Tianjin, China under the municipal government.Tianjin University of Finance and Economics (TUFE) was founded in 1958, is one of the earliest universities offering finance, economics and business education in P.



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