This edited book is a compilation of research studies conducted in the areas of business, management and economics. These cutting-edge articles will be of interest to researchers, academics, and business managers.

In a rapidly changing economical environment, quick adaptation is one of the crucial tasks for modern management and permanent learning is a key-factor in the struggle for successfully coping with this challenge. The learning process itself is based not only upon the information gathered on the market, but also upon the totality of knowledge within the company. This book develops a theory of a firm that is based on these principles rather than on optimization and classical equilibrium. It uses quantitative models to describe adaptive firm behavior, the various types of learning as well as various domains of application (organization of new production development, adoption of business models, market entry etc.). It gives an introduction to the various mathematical models of learning and to the applications to problems in microeconomics as well as in business administration. The reader can expect a comprehensive introduction to the subject, its significance for economic theory and managerial practice.

The proceedings shed light on selected topics including economic management, public administration, and green development. Featuring scholarly works from the 4th International Conference on Economic Management and Green Development (ICEMGD 2021), this volume of proceedings showcases the papers composed with regard to a diverse range of topics situated at the intersecting field of Economic Management, Public Administration and Green Development. Arising as the top concern of the global community, issues of green development impose challenges for the academia to bridge the interdisciplinary prowess in tackling the gap of knowledge within concerned fields. ICEMGD 2021 is an annual conference initiated by the year of 2017 under the goal of bringing together intellectuals from economics, business management, public administration, and otherwise related spheres for the share of research methods and theoretical breakthroughs. The aim of the proceeding volume is for the integration of social scientific research methods with research into alarming development issues. The ICEMGD 2021 seeks to promote joint initiatives among well-established fields like macro- and microeconomics, international economics, finance, agricultural economics, health economics, business management and marketing strategies, regional development studies, social governance, and sustainable development. Featuring interdisciplinary contributions, this book will be of interest to researchers, academics, professionals and policy makers in the field of economic management, public administration, and development studies.