Explores the formation of Islamic institutions and statehood beyond eurocentric models of sovereignty

Islam and Statehood: Instituting the Ecumene offers a groundbreaking reinterpretation of how socioreligious and political institutions took shape across the Islamic ecumene. Leaving behind eurocentric categories of sociopolitical theory in favor of an Italian brand of "Southern" thought, Armando Salvatore advances an alternative framework for understanding state formation in the Islamic ecumene-not as a belated imitation of European models, but as an original instituting process grounded in relational and adaptive modes of authority. Tracing a trajectory from Prophetic narration and Sufi habitus to early modern configurations of saintly power and reflexive governance, this second volume of the Sociology of Islam trilogy provides a conceptual map that connects embodied traditions of civility to self-renewing patterns of political legitimacy culminating in the institution of the Caliphate.

Written with conceptual precision and historical depth, this volume reveals how the Islamic ecumene cultivated forms of "circular" sovereignty that evolved dynamically across time and geography. Islam and Statehood engages critically with eurocentric paradigms of Western political theology and sociology while illuminating the distinctive rationalities that shaped institutional innovation in the ecumene. Situating statehood as part of a wider institutional experiment in balancing divine mediation, habitus formation, and pragmatic governance, the book:

• Develops an original approach to statehood within the Islamic ecumene
• Introduces the concept of "instituting" as a dynamic and adaptive process distinct from European models of corporation and sovereignty
• Builds on and complements The Sociology of Islam in developing a broader theory of formation of the Islamic ecumene by reinterpreting Ibn Khaldun's theory through the lens of "Southern" thought.

Islam and Statehood: Instituting the Ecumene is ideal for advanced undergraduate and graduate courses in Islamic Studies, Religious Studies, Middle East Studies, and Comparative Politics. It is particularly well-suited for courses exploring state formation, political theology, and non-Western sociological theory.

Islam and Statehood is a field-defining tour de force. It is deeply reflexive about its own premises and commanding in its long-duree approach to history. The result is a work of extraordinary maturity that is self-aware, theoretically exciting, and punctuated by a reflexivity that is itself a methodological contribution. This is what scholarship should be: courageous enough to reinvent itself, and wise enough to know why.
-Kamaludeen Nasir, Nanyang Technological University, Singapore

In this volume, Salvatore continues to enrich the field of sociology of Islam through moving the current debate on the "Islamic state" to a more complex terrain of analyzing statehood in Islam. Long awaited and simply brilliant, this book marks the zenith of over three decades of research in the sociology of Islam and its ecumene, civility, and translocal connections. A must-read across the social sciences and humanities.
-Heba Raouf Ezzat, Ibn Haldun University, Istanbul

Salvatore's Islam and Statehood is a work of impressive ambition and erudition that makes a vital contribution to debates at the intersection of Islamic intellectual history and political theory. Salvatore demonstrates that Islamic statehood was not a failed approximation of Western political modernity but an original modernity in its own right-one whose characteristic emphasis on connectedness, civic solidarity, and the distribution rather than monopolization of authority stands in sharp contrast to the Leviathan-like logic of Westphalian sovereignty. In doing so, the book offers a searching challenge to Eurocentric frameworks in the study of political thought and state formation, illuminating dimensions of the Islamic tradition that have too often been obscured by those frameworks.
-Usaama Al-Azami, Hamad Bin Khalifa University, Doha

Armando Salvatore consistently elevates discussions of Islam to a level of sophistication often missing in current debates. Islam and Statehood is analytically rigorous, rethinking key concepts in Islam and situating them within the broader debates of the Islamic ecumene. This book is an outstanding continuation of his earlier works and is essential reading for anyone working on Islam.
-Raihan Ismail, University of Oxford

It is no secret that billions of people across the world lack the freedom and right to access life-saving medicines. For decades, people have fought to put this, though, as the Covid-19 pandemic made sickeningly clear, vast swaths of humanity are still left without. The reason: people are actively denied access to affordable medicines by outdated patent rules and economic policies dominated by neoliberalism. It is no accident, and it is not due to the pharmaceutical industry alone.

Tahir Amin and Rohit Malpani, two leading figures in the access to medicines movement, examine the origins of this system of rules that champions monopolies and the false god of innovation over the public interest and human well-being. They tell the story of how, move by move, governments have ceded control to and then empowered pharmaceutical companies, making it increasingly hard to undo the damage wreaked along the way. From their unique vantage points and experiences, the authors critique global health initiatives and philanthropists for maintaining the status quo and warn of a future dominated by financial markets and artificial intelligence that will reinforce the worst practices of yesterday and portends new injustices for everyone.

Ultimately, Pharma Monopoly questions the foundations of international efforts to improve access to medicines and calls for a new way forward that can rekindle a movement for justice.

Discover how blockchain, stablecoins, and Web3 are revolutionizing global finance and creating unprecedented investment opportunities

In Towards a Tokenized Economy, leading financial executive Yoshitaka Kitao provides essential insights into the transformation of global finance through technological innovation. Drawing on his extensive experience in financial services and strategic technology investments, Kitao explains how blockchain, cryptocurrency, and tokenization are fundamentally reshaping monetary systems, investment strategies, and the structure of the world economy.

This comprehensive guide takes readers through the emerging landscape of modern finance, from the strategic importance of dollar-pegged stablecoins and Bitcoin's role as a reserve asset to the revolutionary potential of Web3, decentralized finance, and security tokens. Kitao explains complex technological concepts in accessible terms while revealing the geopolitical implications of these developments, including strategies to maintain monetary dominance through cryptographic assets. The book combines technological depth, financial expertise, and strategic foresight, giving you:

• In-depth analysis of stablecoins processing over 500 trillion yen monthly and their impact on global payment systems
• Clear explanations of Bitcoin's blockchain infrastructure, mining operations, and its emergence as institutional reserve holdings
• Comprehensive coverage of Web3 fundamentals including smart contracts, decentralized finance protocols, NFTs, and autonomous organizations
• Strategic insights into RWA tokens, including security tokens, tokenized equities, and the transformation of capital markets and exchanges
• Exclusive perspective on how major financial institutions are entering content and advertising businesses through integrated platforms

Towards a Tokenized Economy is a must-read for investors, financial professionals, executives, and business leaders who need to understand and capitalize on the transformation of modern finance. Whether you're hoping to enhance your investment strategy, evaluate emerging innovations, or position your organization for the tokenized world, Kitao delivers the knowledge you need to navigate a financial world that is changing at its foundations.

Language is more than a tool for communication-it is a powerful force that shapes how knowledge is produced and understood. Studying Language, Producing Knowledge offers a clear and comprehensive introduction to discourse studies, demonstrating how language operates as social action. Anne Maentynen and Sari Pietikaeinen trace the evolution of the field, combining classic theories with contemporary approaches to show how discourse constructs meaning, identities, and social realities.

Through an engaging blend of conceptual explanation and practical guidance, this textbook guides readers step by step through the process of analyzing discourse in real-world contexts. Each chapter provides key concepts, discussion points, and examples that help students move confidently from theory to research practice. Throughout the text, the authors highlight how discourse interacts with power, ideology, and change, and how the study of language can reveal the dynamics of knowledge production in today's complex social world.

Studying Language, Producing Knowledge is written for undergraduate and postgraduate students across language, communication, and cultural studies, as well as sociology and anthropology. It is ideal for courses on discourse analysis, language and society, or qualitative research methods, and serves as an essential guide for anyone seeking to understand how language shapes the ways we know and act.

A newly updated and authoritative exploration of differential and difference equations used in queueing theory

In the newly revised second edition of Differential and Difference Equations with Applications in Queueing Theory, a team of distinguished researchers delivers an up-to-date discussion of the unique connections between the methods and applications of differential equations, difference equations, and Markovian queues. The authors provide a deep exploration of first principles and a wide variety of examples in applied mathematics and engineering and stochastic processes.

This book demonstrates the wide applicability of queuing theory in a range of fields, including telecommunications, traffic engineering, computing, and facility design. It contains brand-new information on partial differential equations as a prerequisite for solving queueing models, as well as sample MATLAB code for addressing these models.

Readers will also find:

• A large collection of new examples and enhanced end-of-chapter problems with included solutions
• Comprehensive explorations of single-server, multiple-server, parallel, and series queue models
• Practical discussions of splitting, delayed-service, and delayed feedback
• Enhanced treatments of concepts queueing theory, accessible across engineering and mathematics

Perfect for junior and up undergraduate, as well as graduate students in electrical and mechanical engineering, Differential and Difference Equations with Applications in Queueing Theory will also benefit students of computer science, mathematics, and applied mathematics.

Bridges linguistic science and cultural history in a chronological account of the English language

A History of the English Language offers a unified study of English that balances detailed linguistic analysis with a wide-ranging cultural and historical narrative. Designed for students and scholars in English departments, this accessible yet rigorous treatment of the history of English integrates phonological, morphological, syntactic, and semantic development with the literary, social, and political contexts in which the language evolved. While firmly grounded in linguistic scholarship, the book tells the story of English not only through reconstructed proto-forms and sound changes but also through the lived experiences and historical movements of its speakers.

Author Joseph P. McGowan takes a thematic and chronological approach to the English language's development, beginning with the Indo-European roots of English and extending through to its global presence today. Key chapters offer extended focus on topics often neglected in other works, such as the Celtic context of Roman and sub-Roman Britain, and the deep impact of language contact in colonial and postcolonial settings. Rich textual examples spanning genres, regions, and historical periods bring abstract linguistic features to life, illustrating how political expansion, literary expression, and cultural exchange have shaped English over fourteen centuries.

The most extensive single-volume treatment of English's development from pre-history to global modernity, A History of the English Language:

• Addresses varieties of English across time and geography, including British, American, and global forms
• Includes a substantial and original treatment of the Celtic speech area and its influence on early English
• Provides sustained attention to English in contact with other languages across colonial and postcolonial contexts
• Features extended textual and spoken examples to illustrate key linguistic and cultural phenomena
• Uses a thematic and chronological structure that supports both linear reading and modular use for teaching

A History of the English Language is ideal for advanced undergraduate and graduate courses on the history of the English language, the development of English, sociolinguistics, contact linguistics, and dialectology within English, Linguistics, and Education degree programs. It is also a valuable reference for researchers and educators in historical linguistics and English studies.

New edition of a PROSE award finalist title on core concepts for machine learning, updated with the latest developments in the field, now with Python and R source code side-by-side

Machine Learning is a comprehensive text on the core concepts, approaches, and applications of machine learning. It presents fundamental ideas, terminology, and techniques for solving applied problems in classification, regression, clustering, density estimation, and dimension reduction. New content for this edition includes chapter expansions which provide further computational and algorithmic insights to improve reader understanding. This edition also revises several chapters to account for developments since the prior edition.

In this book, the design principles behind the techniques are emphasized, including the bias-variance trade-off and its influence on the design of ensemble methods, enabling readers to solve applied problems more efficiently and effectively. This book also includes methods for optimization, risk estimation, model selection, and dealing with biased data samples and software limitations - essential elements of most applied projects.

Written by an expert in the field, this important resource:

• Illustrates many classification methods with a single, running example, highlighting similarities and differences between methods
• Presents side-by-side Python and R source code which shows how to apply and interpret many of the techniques covered
• Includes many thoughtful exercises as an integral part of the text, with an appendix of selected solutions
• Contains useful information for effectively communicating with clients on both technical and ethical topics
• Details classification techniques including likelihood methods, prototype methods, neural networks, classification trees, and support vector machines

A volume in the popular Wiley Series in Probability and Statistics, Machine Learning offers the practical information needed for an understanding of the methods and application of machine learning for advanced undergraduate and beginner graduate students, data science and machine learning practitioners, and other technical professionals in adjacent fields.

Sustainable agriculture and food security have become major global issues in the face of increasing world population and climate change. This book is a comprehensive compilation of current knowledge on integrated approaches and strategies of crop production for agricultural sustainability and food security. It covers a wide range of advanced topics including bioremediation, nano-technological approaches in food and agriculture, waste management, regenerative and climate-resilient agriculture, industrial intervention in agriculture, microbe augmentation for soil restoration, weed management in organic production, postharvest technology, and value addition, and revolutionizing rural agricultural industry. The book provides inclusive coverage of various holistic approaches and strategies aimed at promoting agricultural sustainability and ensuring food security. This also deliberations on sustainable farming practices, agroecology, biodiversity conservation, climate-smart agriculture, and resource management. The book aims at educating readers, whether they are policymakers, researchers, or students, about the importance of adopting holistic approaches of crop production to address the challenges facing agriculture and food security in today's world. Due to rapidly changing agricultural landscape, complex challenges, knowledge gaps and local contexts, and education and capacity building, this book should serve as a new and complementary resource to address these emerging challenges in agriculture and food security.

Key features

- Focuses on the concepts, technologies and success stories of crop production, sustainability and food security.

- Provides an update on modern technologies in agriculture, climateresilient and regenerative agriculture

- Food security is illustrated with food and industrial microbiology and novel food technologies,

- Postharvest technologies as well as nutrition and human health are discussed

- Covers production sustainability and technological advancement in agriculture linked to achieving food security.

Equips students to analyze meaning across languages using clear tools and rich examples

Semantics in Action provides an accessible yet rigorous introduction to natural language semantics. Organized around core semantic phenomena such as quantification, relative clauses, modality, events, tense, and aspect, this concise textbook builds skills through detailed, compositional analyses and carefully chosen illustrative examples. Author Toshiyuki Ogihara, a leading voice in cross-linguistic semantic theory and research, anchors the discussion in English and supplements it with Japanese examples.

Balancing clarity with linguistic diversity, each chapter offers lucid explanations, guided analyses, and exercises that help students develop a precise understanding of semantic theory and its application. Ogihara emphasizes the compositional nature of meaning, the syntax-semantics interface, and the utility of semantic reasoning in linguistic research. Providing the foundation to engage deeply with natural language semantics, either as part of formal coursework or as preparation for more advanced research, Semantics in Action:

• Offers a step-by-step approach to compositional semantic analysis with simple, well-chosen examples
• Integrates English as the primary object language with targeted Japanese data to highlight theoretical contrasts
• Supports cross-linguistic analysis, especially for students whose native language differs structurally from English
• Includes exercises as well as charts and figures throughout

Equipping students with both theoretical insight and practical tools for independent research, Semantics in Action is ideal for advanced undergraduates or beginning graduate students enrolled in courses such as Formal Semantics and Natural Language Semantics.

Navigating the Future of Finance takes readers on a comprehensive journey through the converging forces of economic disruption, technological advancement, and evolving market dynamics that are fundamentally transforming today's financial ecosystem.

Offering a forward-thinking perspective, the book explores how unexpected global events-like pandemics and geopolitical crises-are influencing financial systems, and how emerging technologies, such as artificial intelligence, blockchain, and digital currencies, are disrupting traditional financial models. It explores a fresh perspective on how financial institutions, investors, and policymakers can adapt and thrive in an environment where change is the only constant. The book also emphasizes the importance of sustainability, demonstrating how responsible investment practices and Environmental, Social, and Governance (ESG) considerations are becoming central to the future of finance.

Part of the Contemporary Management Practices series, this book is for anyone interested in understanding the complex, fast-changing world of finance-whether a student, professional, or simply someone curious about how technological and economic forces are shaping the financial systems that impact us all. It will be of interest to those working in finance, economics, business, Sustainable Finance or ESG Investing, Financial Technology (Fintech), Advanced Financial Markets, Technology and Innovation in Financial Services, Sustainable Finance and Investment, Global Financial Systems and Crises, Risk Management and Financial Resilience.

What if the government could fund anything it wanted by simply creating money out of thin air?

That's the promise of Modern Monetary Theory (MMT), a radical economic proposal gaining traction among politicians, activists, and academics. Advocates say that, with the right precautions, governments can create money to end unemployment, fight climate change, and much more - all without raising taxes.

In If You Can Just Print Money, Why Do I Pay Taxes?, author Emmanuel Maggiori walks you through MMT in plain language and shows you why its arguments don't hold water. Maggiori debunks MMT step by step, offering compelling, informed, and rigorous counterarguments against all of its foundational claims.

The author explains why MMT-inspired "money printing," far from guaranteeing prosperity, could be a recipe for inflation, instability, and stagnation.

Inside the book:

• Why MMT's proposed job guarantee - meant to end unemployment - could backfire
• How MMT misreads inflation
• How MMT relates to quantitative easing, the controversial money-creation tool used after the financial crisis and the pandemic
• How MMT proposes to fight climate change and expand social security - and why the numbers don't add up

Perfect for everyone interested in modern economics and policymaking, If You Can Just Print Money, Why Do I Pay Taxes? is an insightful and engaging new take on a topic generating debates around the world - all the way from blogs to the U.S. Senate and the Bank of England.

The most authoritative introduction to international economics, revised and updated

The 14th Edition of International Economics by renowned economists Dominick Salvatore and Ralf Hepp provides an authoritative and thoroughly updated exploration of global trade and finance. This acclaimed text examines the economic theories and real-world developments shaping our interconnected world.

Featuring 126 detailed case studies with graphs, figures, and real-world examples, this text connects foundational concepts with cutting-edge research on globalization, technological disruption, and sustainable development. It addresses the most pressing issues facing the global economy, including:

• Post-pandemic public debt and monetary policy challenges
• Rising trade protectionism and the U.S.-China trade conflict
• Exchange rate volatility and structural economic imbalances
• Climate change policies affecting international commerce
• Global value chains and the regionalization of trade flows

Ideal for undergraduate and graduate students in economics, international trade, finance, and business courses seeking both theoretical grounding and practical policy insights, International Economics contains accurate and up-to-date discussions of classical and contemporary economic theory.

This volume provides insight into important hospital management procedures, the description of the most important clinical processes, and the correlation between medical equipment and optimization of the hospital's activity, both in terms of costs and quality of the services provided.

Clinical Technologies and Processes: Management in Healthcare is Volume 1 of the Innovation in the Modern Hospital System - Electronic Bioengineering Telemedicine Artificial Intelligence book series. This volume features detailed analyses of 19 major medical technologies, from hemodynamic polygraphy to positron emission tomography, complete with integration guidelines and operational protocols. The content provides practical implementation strategies for hospital design, bioengineering applications, and telemedicine integration. The author provides insight into enhanced operational efficiency, improved technology utilization, and optimized healthcare delivery processes. Each chapter offers clear, actionable insights that can be immediately applied to improve hospital operations and patient care quality.

The comprehensive nature of this book makes it particularly valuable for professionals who need to understand both the technical and managerial aspects of modern healthcare systems. It would be useful to healthcare students, bioengineers, clinical engineers, hospital directors and administrators, and medical specialists seeking advanced technological knowledge.

This book investigates how arguments for economic growth are perceived and advanced to promote road investment across the world.

In the literature, the relationship between building roads and achieving economic growth is heavily reliant on quantitative tools while ignoring the contextual details of roading projects. Using the Aristotelian concept of phronesis, the research undertakes six case studies from New Zealand, Britain, the United States, Pakistan, Brazil and Kenya. Phronesis is an intellectual virtue capable of incorporating practical problems and contextual details in everyday life. The concept was operationalised by devolving into three main questions, in which the roads policy direction, the associated processes and discursive pragmatism were explored. Detailed analysis of the following six projects has been carried out: MacKays to Peka Peka Expressway; London Orbital Motorway; Houston Interstate Highway 610; Lahore Ring Road; Mario Covas Ring Road and the Nairobi Expressway. The analysis provides the reader with a critical understanding of how roads are expanded using assertive policies without evidence of how economic growth will be achieved.

This book could be of interest to multilateral development organisations, researchers, students, policymakers and practitioners in the areas of planning, urban economy, public administration, transport economics, project management and development economics.

Semantic Distinctions in Spanish Word Order offers a unique analysis of Spanish word order and the intricate relationship between grammatical form and communicative function, challenging traditional syntactic constructs and the familiar Subject, Verb, and Object-based classifications that derive from them.

Revealing underlying regularities in the Spanish language, this study argues that word order is not as flexible as previously thought and that differences in word order are functionally motivated rather than the result of stylistics or random variation. Through innovative methodologies and a meaning-based framework informed by William Diver's linguistic theory, the book sharply departs from prevailing paradigms, offering a unique perspective on how word order reflects the semantic organization of Spanish.

Semantic Distinctions in Spanish Word Order will appeal to scholars, students, and educators in Spanish language, Hispanic linguistics, grammatical theory, and semantics. It also serves as a valuable resource for graduate and undergraduate courses, bridging the gap between theoretical insight and practical analysis.

Multilingualism, Literature and Translation in East Asia explores a broad spectrum of theoretical, methodological and empirical questions about multilingualism, literary translation and meaning-making in East Asia in a way that challenges traditional Western-centric approaches.

The book offers fresh perspectives on East Asian multilingual phenomena through contributions from both established and emerging global scholars, addressing crucial gaps in current scholarship. It examines topics such as world literature, postcolonial/diasporic literature, minority languages, dialect translation and the complexities of re-translating multilingual works, while providing innovative bi/multilingual models of literary translation specific to East Asian linguistic contexts.

This edited collection is for scholars working on East Asian languages, literatures, translation and multilingualism around the world.

This collection examines postcolonial studies through the lens of translation studies, focusing on Asian and East Asian experiences. It redefines translation as a process of negotiating Otherness with language at its core.

Following Talal Asad and Gayatri Chakravorty Spivak's critique, the book shifts from subjectivity to subjectivation, arguing that subjects exist in reciprocal relationships with Others. It positions translation not as identity formation but as communication that occurs through engagement with Others in public spaces. The editors acknowledge that asymmetrical postcolonial situations create misunderstandings, suggesting that recognizing the impossibility of fully understanding Others may actually create opportunities for meaningful connection-introducing the concept of "commensurability of the incommensurable."

Offering a fresh theoretical framework that bridges disciplinary boundaries, this volume will interest scholars and students in postcolonial studies, translation studies, and Asian studies.

Resource and learning tool presenting the synergies of water and food trends, environmental ecosystems, and social and economic dimensions

The Global Nexus Handbook presents the synergies of water and food trends, environmental ecosystems, and social and economic dimensions, focusing on nature-based, clean energy, and global nexus trend solutions in the ecosystem, particularly in urban and coastal areas. This three-volume collection helps readers consider and understand the interrelationships between components of nature to strive towards a secure and sustainable future.

The Global Nexus Handbook includes information on:

• The interaction in ecosystem environment between water, hydroponics, aquaculture, food policy and security, land, biomass, biodiversity, conflict, infrastructure, and socio-ecological dynamics
• Economical aspects including peace, democracy, investment, gender, migration, poverty, and terrorism
• Nexus problems and issues generally applicable to the realm of the biosphere
• How various nexuses examine, assess, and deconstruct the social-economic realities of development

The Global Nexus Handbook is an essential reference for researchers in related fields and students in programs of study focusing on environment science and engineering, ecology, environment science and engineering, and food science. Government policy makers and engineering consultants will also find the text valuable.

The Poetics of Self-translation explores the well-attested phenomenon of writers translating part of their own work, underscoring its growing significance in the history of translation and literature. Drawing on established literary and translation research, this book reveals its underlying logic, grammar, or "poetics," with a focus on how writers self-translate, rather than why or with what consequences.

Through an impressive range of examples from Europe, the Americas, Africa, and Asia, Grutman illustrates the global practice and the varied perceptions of contemporary literary self-translation. The book adopts a comparative approach, highlighting what distinguishes self- from third-party translations: their potential for bidirectionality (where source and target languages switch sides) and consequent feedback, the narrowing time gap between the original and translated work, and insider knowledge of the initial text that allows authors to actively shape their so-called "second originals." In this analysis, Grutman recognises the ambiguity of self-translation, noting that these distinctive features mostly occur when self-translation is a sustained activity in a writer's career. In most cases, self-translators intervene within the range of more conventional translation practices. With this nuanced and balanced perspective, the study reaffirms the interconnection between translation and self-translation and how each enriches our understanding of the other.

Comprehensive and engaging, this book is a valuable resource for students and researchers of literary and translation studies.

Master the quantitative foundations you need to successfully invest in and trade digital assets

Financial Mathematics for Cryptocurrencies by Tom J. Espel combines two of today's most dynamic fields - quantitative finance and cryptocurrencies - in a comprehensive guide that addresses the unique mathematical challenges faced by everyone involved in the crypto markets. Espel draws on his extensive experience in frontier assets to explain the analytical frameworks you'll need to make informed investment decisions, identify pricing opportunities, and manage risk in this volatile asset class.

The book adapts relevant quantitative finance methodologies specifically for digital assets, bridging the gap between traditional financial mathematics and the distinctive characteristics of blockchain-based instruments. Espel introduces three essential constructs for DeFi pricing theory: network time, the validator account as a new numeraire, and wrapped token frameworks for cross-chain valuation. Its modular structure allows readers to navigate directly to relevant sections, covering everything from blockchain fundamentals to advanced valuation models, staking contract mathematics, and liquidity cost analysis in cryptocurrency markets.

You'll find:

• Mathematical frameworks for staking contracts, liquid staking derivatives, and yield farming strategies with rigorous ex-ante and ex-post valuations
• Comprehensive coverage of network valuation methods including Metcalfe's Law, Reed's Law, and the ZBOT framework specifically applied to digital assets
• Pricing theory extending arbitrage-free pricing to blockchain assets through the validator account and blockchain measure (B-measure)
• Expert insights from an author specializing in quantitative strategies for electronic and illiquid assets, with expertise in market microstructure and volatility modeling
• Accessible mathematical solutions designed for practitioners in applied mathematics and quantitative finance, with clear and rigorous explanations

Perfect for quantitative analysts, traders, portfolio managers, cryptocurrency researchers, and finance students, Financial Mathematics for Cryptocurrencies is an indispensable resource for applying established financial mathematics to the digital asset ecosystem. It's a must-read for everyone developing trading algorithms and pricing models, conducting digital asset analysis, or researching cryptocurrency markets.

Chinese Idioms provides a theoretical framework for understanding idioms in the Chinese language, tracing their origins and analyzing their linguistic evolution.

This work broadens the definition of idioms to encompass fixed phrases comprising two or more characters, thereby distinguishing them from common sayings and proverbs. Integrating linguistic theories with traditional textual research, it examines the structural features and practical value of idioms from the perspectives of semantic evolution, phonetic characteristics, and real-world application. It also cautions against confusing later usage with original sources. Through detailed case studies comparing the prevalent four-character pattern with atypical, shorter phrases, the book unveils the morphological diversity and evolutionary intricacy of Chinese idiomatic expressions.

Grounded in extensive examples from classical texts, this work will serve scholars and students of Chinese linguistics, as well as Chinese language learners, offering an analytical system that balances rigorous academic inquiry with practical usage.