Background
Suits, Daniel Burbidge was born on June 27, 1918 in St. Louis. Son of Hollis Emerson and Dorothy Dandridge (Halyburton) Suits.
(Principles of Law and Economics is an undergraduate cours...)
Principles of Law and Economics is an undergraduate coursebook designed specifically for students with little or no background in economics. Written in a clear, jargon-free style, it provides an overview of the relationship between law and economics, including leading-edge topics such as environmental law, intellectual property law and game theory. Each chapter poses questions and problems to challenge and engage students. Thomas C. Schelling, the 2005 recipient of the Nobel Memorial Prize in Economic Sciences, endorses this text. Hallmark features of Principles of Law and Economics: • Accessible to undergraduates with little or no background in economics. • Clear, jargon-free analysis of case law, including United States v. Microsoft. • Introductory overviews of economic theory and the structure of the U.S. legal system. • Stimulating discussion of cutting-edge topics, such as environmental law, intellectual property and game theory. • Chapter format includes questions and problems to engage students. • Separate chapter on the work of Ronald Coase, foundational to modern law and economics.
http://www.amazon.com/gp/product/1454803959/?tag=2022091-20
(Principles of Law and Economics is an undergraduate cours...)
Principles of Law and Economics is an undergraduate coursebook designed specifically for students with little or no background in economics. Written in a clear, jargon-free style, it provides an overview of the relationship between law and economics, including leading-edge topics such as environmental law, intellectual property law and game theory. Each chapter poses questions and problems to challenge and engage students. Thomas C. Schelling, the 2005 recipient of the Nobel Memorial Prize in Economic Sciences, endorses this text. Hallmark features of Principles of Law and Economics: • Accessible to undergraduates with little or no background in economics. • Clear, jargon-free analysis of case law, including United States v. Microsoft. • Introductory overviews of economic theory and the structure of the U.S. legal system. • Stimulating discussion of cutting-edge topics, such as environmental law, intellectual property and game theory. • Chapter format includes questions and problems to engage students. • Separate chapter on the work of Ronald Coase, foundational to modern law and economics.
http://www.amazon.com/gp/product/1454803959/?tag=2022091-20
Suits, Daniel Burbidge was born on June 27, 1918 in St. Louis. Son of Hollis Emerson and Dorothy Dandridge (Halyburton) Suits.
Bachelor of Arts in Philosophy, University Michigan, 1940. Master of Arts in Economics, University Michigan, 1942. Doctor of Philosophy in Economics, University Michigan, 1948.
Assistant professor economics department University Michigan, 1950-1955, associate professor, 1955-1959, professor, director research seminar in quantitative economics, 1959-1969. Director American Studies Center, Kyoto, Japan, 1958. Professor economics University California, Santa Cruz, 1969-1974, Michigan State University, East Lansing, 1974-1986, professor emeritus, since 1986.
Visiting professor People's University, Beijing, 1985, Fudan University, Shanghai, 1987, Swarthmore College, 1988. Distinguished visiting professor Kalamazoo College, 1989. Consultant to various state and federal agencies.
Research associate Center Economic Research, Athens, Greece, 1962-1963.
(Principles of Law and Economics is an undergraduate cours...)
(Principles of Law and Economics is an undergraduate cours...)
Author: Statistics: An Introduction to Quantitative Economic Research, 1963, Theory and Application of Econometric Models, 1963, Principles of Economics, 1970, review edition, 1973. Originator Suits Index tax progressivity. Contributor articles to technical journals.
I suppose it was the experience of the Great Depression that led me into economics. From the beginning, I found the greatest appeal in quantitative economics: the testing of economic theory and the measurement of theoretically meaningful economic relationships. This has continued to be the centre of my research activity.
Aside from sporadic ad hoc attacks on individual problems (most recently on the economics of gambling), my research has been organised around econometric models: models of individual markets for products ranging from automobiles to watermelons. Models of the short-run behaviour of the United States economy. And most recently (in close collaboration with A. Mason at the East-West Population Institute), models of long-run economic development and demographic change.
Experience with these models has taught me several important principles of econometric research. First, models are best evaluated by their performance, preferably by regular public forecasts. Secondly, there is no perfect model.
At best, models are crude approximations to a continuously shifting reality. For this reason, a model should always be treated as a continuing research project. Econometric models are immense fun, and they have probably contributed something to economic stability, but increasingly I believe that the single most important thing an academic economist can do is to teach principles.
Chipping away at frontiers makes occasional marginal contributions to understanding, but the general level of economic performance depends, at bottom, on how well the elect
orate and the millions of economic actors understand the elementary principles that govern the day to day behaviour of our economic system.
Served alternate military duty 1942-1946. Fellow Econometric Society, American Statistical Association. Member American Economic Association.
Married Adelaide Evens Boehm, February 14, 1942. Children– Evan Halyburton, Holly Boehm Suits Kazarinoff.