Managerial Economics & Business Strategy

Author:   Michael Baye ,  Jeff Prince
Publisher:   McGraw-Hill Education
Edition:   10th edition
ISBN:  

9781260940541


Publication Date:   15 April 2021
Replaced By:   126654206X
Format:   Hardback
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

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Managerial Economics & Business Strategy


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Overview

Managerial Economics and Business Strategy has been revised to include updated examples and problems, but it retains all of the basic content that made previous editions a success. By teaching managers the practical utility of basic economic tools such as present value analysis, supply and demand, regression, indifference curves, isoquants, production, costs, and the basic models of perfect competition, monopoly, and monopolistic competition.  This 10th edition retails the emphasis on real-world examples and modern topics along with unique coverage found nowhere else: oligopoly, penetration pricing, multistage and repeated games, foreclosure, contracting, vertical and horizontal integration, networks, bargaining, predatory pricing, principal agent problems, raising rival’s costs, adverse selection, auctions, screening and signaling, search, limit pricing, and a host of other pricing strategies for firms enjoying market power. This balanced coverage of traditional and modern microeconomic tools makes it appropriate for a wide variety of managerial economics classrooms.

Full Product Details

Author:   Michael Baye ,  Jeff Prince
Publisher:   McGraw-Hill Education
Imprint:   McGraw-Hill Education
Edition:   10th edition
Dimensions:   Width: 20.80cm , Height: 2.50cm , Length: 26.20cm
Weight:   1.086kg
ISBN:  

9781260940541


ISBN 10:   1260940543
Publication Date:   15 April 2021
Audience:   College/higher education ,  Tertiary & Higher Education
Replaced By:   126654206X
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Chapter 1. The Fundamentals of Managerial Economics Chapter 2. Market Forces: Demand and Supply Chapter 3. Quantitative Demand Analysis Chapter 4. The Theory of Individual Behavior Chapter 5. The Production Process and Costs Chapter 6. The Organization of the Firm Chapter 7. The Nature of Industry Chapter 8. Managing in Competitive, Monopolistic, and Monopolistically Competitive Markets Chapter 9. Basic Oligopoly Models Chapter 10. Game Theory: Inside Oligopoly Chapter 11. Pricing Strategies for Firms with Market Power Chapter 12. The Economics of Information Chapter Module Group A: Strategies to Change the Business Environment Chapter Module Group B: Government in the Marketplace CASE STUDY Spectrum—the Spawn of Time Warner Cable and Charter Communications— Navigates Challenges from Cord Cutting and Mobile Competition 

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Author Information

Michael R. Baye. University of Indiana Jeffrey T. Prince is Professor of Business Economics & Public Policy and Harold A. Poling Chair in Strategic Management at Indiana Universitys Kelley School of Business. He received his B.A. in economics and B.S. in mathematics and statistics from Miami University in 1998 and earned a Ph.D. in economics from Northwestern University in 2004. Prior to joining Indiana University, he taught graduate and undergraduate courses at Cornell University.Jeff has won top teaching honors as a faculty member at both Indiana University and Cornell, and as a graduate student at Northwestern. He has a broad research agenda within applied economics, having written and published on topics that include demand in technology and telecommunications markets, internet diffusion, regulation in healthcare, risk aversion in insurance markets, and quality competition among airlines. He is one of a small number of economists to have published in both the top journal in economics (American Economic Review) and the top journal in management (Academy of Management Journal). Professor Prince currently is a co-editor at the Journal of Economics and Management Strategy, and serves on the editorial board for Information Economics and Policy. In his free time, Jeff enjoys activities ranging from poker and bridge to running and racquetball.

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