Most Popular Books by Andrew Davidson

An extraordinary debut novel of love that survives the fires of hell and transcends the boundaries of time, "The Gargoyle" is a hypnotic, horrifying, astonishing novel that manages, against all odds, to be redemptive (Sara Gruen, author of "Water for Elephants").

The spread of modernity throughout the non-Western world has had transformative effects not only on governments and economies but on the lives of individuals as well. The constraints and opportunities of modernization inevitably lead to the breakdown and supplanting of older social relations and livelihoods. In this volume Andrew P. Davidson examines the Nuba Mountain region of western Sudan to show how individuals and families struggle to maintain or expand their well-being in the face of continuous uncertainty, when control of their destinies is increasingly slipping out of the comforting confines of the village.As in many third world regions, changes in agriculture and market activity have occurred in the Nuba mountains in a far more compressed tune frame than in Europe. Davidson charts the social effects of the rationalization process by concentrating on the household as a mediating structure between the individual and the larger society. In his analysis the livelihood strategies of households act as a microcosm for the unevenness of development that is characteristic of modernizing economies. Davidson offers a comparative and historical examination of economic life in three villages in order to better understand the capacities and limitations that ultimately condition what people can and cannot do. He shows how the older lineage system based on communalism, kinship, and age-based hierarchy is being displaced by new forces of social organization and individual orientation which have eroded village cohesion and left the Nuba vulnerable to the Islamic-dominated government in Khartoum and the ravages of the continuing Sudanese civil war.In its combination of empirical analysis, ethnographic fieldwork, and theoretical inquiry In the Shadow of History reconceptualizes development in such a way that the dynamics of historical transformation are made clear. This study hi the classic anthropological tradition will be a valuable resource for anthropologists, economists, historians, and Africa area specialists.

A complete guide to securitization. * Analyzes leases, tax liens, and other new securitization markets developing globally. * Contains exercises and examples taken from real transactions. * Companion CD-ROM includes calculation tools and examples, data for models, ongoing updates on models, and Q&A with authors to address complex securitization questions.

Mortgage-backed securities (MBS) are among the most complex of all financial instruments. Analysis of MBS requires blending empirical analysis of borrower behavior with the mathematical modeling of interest rates and home prices. Over the past 25 years, Andrew Davidson and Alexander Levin have been at the leading edge of MBS valuation and risk analysis. Mortgage Valuation Models: Embedded Options, Risk, and Uncertainty contains a detailed description of the sophisticated theories and advanced methods that the authors employ in real-world analyses of mortgage-backed securities. Issues such as complexity, borrower options, uncertainty, and model risk play a central role in the authors' approach to the valuation of MBS. The coverage spans the range of mortgage products from loans and TBA (to-be-announced) pass-through securities to subordinate tranches of subprime-mortgage securitizations. With reference to the classical CAPM and APT, the book advocates extending the concept of risk-neutrality to modeling home prices and borrower options, well beyond interest rates. It describes valuation methods for both agency and non-agency MBS including pricing new loans; approaches to prudent risk measurement, ranking, and decomposition; and methods for modeling prepayments and defaults of borrowers. The authors also reveal quantitative causes of the 2007-09 financial crisis and provide insight into the future of the U.S. housing finance system and mortgage modeling as this field continues to evolve. This book will serve as a foundation for the future development of models for mortgage-backed securities.

This title was first published in 2003. he public sector plays a dominant international role in the provision of agricultural extension and services. This role has been the subject of much debate. Some argue for extension's privatization, claiming that a market driven system provides the most rational and efficient means of information delivery. Based on extensive empirical research from the Punjab (Pakistan), this volume examines the comparative effectiveness of public and private extension services from the perspective of farmers. It also focuses on information from extension agents about their respective organizations and work environments. In so doing, the book expands and elaborates on the practical considerations of privatization and information delivery. It then broadens out into a discussion of alternative means of extension delivery, focusing on participatory approaches, education theory and pluralism.

A contemporary cynic crashes his car into a ravine and suffers horrible burns over much of his body. As he recovers in a burn ward, he awaits the day when he can leave the hospital and commit carefully planned suicide--for he is now a monster in appearance as well as in soul. Then a beautiful and compelling, but clearly unhinged, sculptress of gargoyles by the name of Marianne Engel appears at the foot of his bed and tells him that they were once lovers in medieval Germany.