Fakirs, Feluccas and Femmes Fatales (Bradt Travel Guides (Travel Literature))
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If one attempts to estimate a model of rational behaviour from data on individuals it is soon apparent that neither of these views is generally tenable. This book discusses the econometric methodology appropriate to the modelling of individual choices concentrating particularly on demend and labour supply , using survey data. It is especially concerned with problems of econometric specification raised by discreteness in the variable to be modelled.
The book begins with preparatory chapters surveying the theory of rational choice and the statistical characteristics of cross-section data. This is a unique collection of brief encounters and adventures from working in seventy countries - a kaleidoscope of landscapes, sounds, smells, politics, humour dialogue and, above all, people.
E T Laing recounts episodes that include a Chinese Red Guard reminiscing about the day her parents were hauled in front of her to be sentenced; unreconstructed Russian apparatchiks; and sailors on a Turkmenistan ferry knocking back vodka. A warts-and-all account of the author's travels, with disasters and miseries alongside the high points, he takes you to danger zones, wars of startling savagery in Sierra Leone, Pakistan and Angola, coups and dubious elections.
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He narrowly avoids death in India, Mexico and Nigeria. In other episodes he simply savours the pleasures of travelling alone. As the author says, 'Nothing sharpens the understanding more than seeing things done ten different ways in ten different countries.
ET Laing's career in ports and shipping has taken him around the world for over forty years. Educated at Oxford University he lives with his family in London. Only registered users can write reviews. Please, log in or register.
Fakirs, Feluccas and Femmes Fatales
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