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- Great book, (0 stars to Amazon.co.uk)
- Good Starter of I.O, comprehensive, self-satisfactory
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Advanced Industrial Economics
Stephen Martin
Manufacturer: Blackwell Publishing Limited
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Similar Items:
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The Theory of Industrial Organization
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Oligopoly Pricing: Old Ideas and New Tools
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The Theory of Incentives: The Principal-Agent Model
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The Practice of Econometrics: Classic and Contemporary
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Industrial Organization: Theory and Applications
ASIN: 0631217568 |
Book Description
This updated and substantially revised second edition, like its predecessor, integrates a discussion of the latest theoretical developments with a comprehensive review of empirical work. Designed for upper-level undergraduates and graduates in industrial economics, there are complete treatments of the basic oligopoly models that are the bread and butter of theoretical industrial economics (Cournot, Bertrand, and extensions; horizontal and vertical product differentiation), of models of strategic behavior as well as of the determination of market and firm structure, and of the literatures on collusion, advertising, and the economics of innovation. Stephen Martin also provides a complete review of empirical tests of market performance, from Bain to the 'empirical renaissance' and beyond.
contains expanded treatments of: hotelling's spatial model oligopoly with quality differentiation empirical evidence on entry and exit the analysis of firm structure presents new discussions of: the classical view of the Cournot model strategic substitutability and complementarity representative consumer models of product differentiation the Kreps and Scheinkman model with product differentiation the New Empirical Industrial Organization, Solow residual, and event study approaches to the analysis of market power deterministic and stochastic models of research and development With a more cohesive writing style, reduced size, additional invaluable information, and new problems to solve, the second edition of Advanced Industrial Economics is a key text in industrial economics.
The paperback edition of this book is not available from Blackwell in the US or Canda
Customer Reviews:
Great book, (0 stars to Amazon.co.uk).......2005-02-18
I bought this book 4 weeks ago and I am still waiting. I just keep receiving emails saying that they are having some delay so in 1-2 week they will dispatche the book.
If you really need this book go and buy it someplace else.
Good Starter of I.O, comprehensive, self-satisfactory.......2000-02-16
No doubt, one of the best for those interested in graduate level of industrial organization. Readers can learn about major business strategies in industrial markets and its welfare implications. Leading theories, major empirical analyses, and added author's view against too influential Chicago ideas will giveĀ@excellent perspective of the progress in the field. The appendix of game theory is written to make the book self-satisfactory.
Book Description
A systematic treatment of the economics of the modern firm, this book draws on the insights of a variety of areas in modern economics and other disciplines, but presents a coherent, consistent, innovative treatment of the central problems in organizations of motivating people and coordinating their activities.
KEY TOPICS: Introduces the fundamental problems organizations encounter and explains why they occur. Discusses a number of patterns of response — showing why organizations are structured as they are, why they adopt the policies they do, and how they solve organizational problems themselves.
Customer Reviews:
Over Amitious.......2005-09-08
While I really love this book (have studied it in detail from cover to cover) it tries to do too much.
It covers the CAPM model for example, but doesn't go into enough detail so that a reader can really get a good grasp of the model. Also, it shies away from using proper mathematical analysis of some models (as with many other American textbooks) which will give a naive reader a false sense of security.
Otherwise a great book, it's breadth and readability is excellent - would love an update sometime :)
Interesting and still relevant text on business economics.......2004-09-30
Paul Milgrom and John Roberts are big name professors at Stanford. You know they are big name because on the cover of the book their names are bigger than the title. That's sort of the definition, right?
Seriously, this is a very fine book. Even though it is a dozen years old and much has happened in the theories of organization, compensation, and incentives, the information in this book remains valuable. The book has 17 chapters organized in 7 parts. They are:
1)Does Organization Matter
2)Coordination: Markets and Management
3)Motivation: Contracts, Information, and Incentives
4)Efficient Incentives: Contracts and Ownership
5)Employment: Contracts, Compensation, and Careers
6)Finance: Investments, Capital Structure, and Corporate Control
7)The Design and Dynamics of Organization
I think that presenting these business topics as topics in economics is very helpful in developing the right habits of thinking. While the book is not heavy in mathematics, it does present the relevant formulas and does not shy away from serious discussions of economics. In this way it is a very practical and applied text.
While this book has been and should continue to be used in classes, I hope it gets a larger audience in the general readership interested in business and economics. It really is that interesting and well written.
A textbook on the firm........2002-06-25
This book is probably the first textbook on economics of organization. Since published in 1992, it has been widely used in classes. The main framework of the book lies in the conception of the firm as a system of incentive/coordination to allocate efficiently resources. So this book is an extension of neoclassical approach to the area of organization, though such concepts like bounded rationality and transaction cost are incorporated deeply into the architecture of the book. Unlike usual textbooks, this book has the overarching coherence with theoretical depth over various subjects like centralized/decentralized organization, moral hazard, rent, ownership, human resource management, investment, corporate governance. Such consistency is possible for its theoretical position: neoclassical approach. In that stance, the actor is motivated in its rational calculation, in other word incentive, although it¡¯s bounded in terms of information. How to organize such actor into an organization is the problem of coordination in the theory of the firm. Such an approach was widely adopted in the 1980s. But these days, resources/capabilities approach and evolutionary economics dominate the discourse on the firm. Capabilities, resources, dynamic capabilities, organizational learning, routine, tacit knowledge, knowledge creation, those are buzzwords to date. If you are to be specialized in the theory of the firm, this book should be read. But if not, I recommend Besanko, Dranove, and Shanley¡¯s ¡®Economics of Strategy¡¯. It takes trendy approach and that, it explains each subject with live examples from business world.
Possibly the best applied economics text ever........2000-04-22
Bluntly, this is the best university text in economics written in the 1990s. This may also be the best university text in useful economics ever written. You will learn a great deal about getting incentives right, about corporate governance, and about the labor market for managers. Its only flaw is that it overlooks the fact that the tools it teaches, and the arguments it lays out, can be used to formulate a powerful critique of government as well as of the modern corporation.
Book Description
This up-to-date, highly-accessible book presents a unique combination of both economic theory and real estate applications, providing readers with the tools and techniques needed to understand the operation of urban real estate markets. It examines residential and non-residential real estate markets—from the perspectives of both macro- and micro-economics—as well as the role of government in real estate markets.
Customer Reviews:
Excellent Text for Understanding Urban Economics.......2007-05-07
This book is an excellent source for understanding urban economic theory and how it relates to real estate market cycles. It is written in an easy to understand format with relevant illustrations. The reader will find its insights valuable for real estate desicion making, and understanding where and how many real estate forecasts are made.
I would recommend this book to anyone interested in real estate development, however; only as a "required" economics text. It is not a real estate investment or financing guide to do "deals".
excellent material, not a graduate level book, needs an update.......2005-11-04
The book is not a graduate level book, unless for a master program in business or urban planning. It wouldn't pass as a graduate book in economics. It has been used at the undergraduate level in several universities despite some math that can be avoided if you are just interested in the economic intuition. It deserves an update (at least of the data). Perhaps making it more friendly looking and having some case studies at the end of each chapter could help sell it more.
How to clarify your thinking about real estate in cities.......2005-03-02
If I could recast the title of this book to be "The Economics of Real Estate in Urban Markets" I think you would be able to better understand what this book is about. Frankly, when I first read the title I was bewildered and unsure what exactly this book would be about. I think the term "Urban Economics" is an unfortunate one, but one that is actually well known and in use. After all, what is urban is not the economics, which are the same micro and macro principles you learned in college, but the complex environment in which they are applied and the admixture of both that is required to get to the root of the issues involved. But this is a quibble and does not detract from the real value of this useful book.
Real Estate markets in cities (the urban part of the title) are complex environments that involve the land itself, population and density, existing stock of buildings and their nature, regulations and codes, taxation, environmental concerns, the broader economy, industry and business mix, and much more. This book helps the reader develop intuitions and some algebraic tools about how to think about these issues and to combine them to come to better decisions about private and public investment, policy, and planning. What calculus there is, is kept in the footnotes for those interested.
This book is written for any reader that has had basic courses in micro and macro economics (or at least a general course discussing the basics of both areas) and has a decent command of high school algebra. It has lots of graphs to help the reader understand the intuitions involved and is written quite clearly. A general reader who had these prerequisites could work his or her way through the book on their own quite handily. However, the book is clearly aimed at upper level undergraduate or graduate courses in business, public policy, or urban planning.
I do recommend the book for those interested in this specialty. I do wish they had done a bit more careful job in publishing the maps in the chapter on Firm Site Selection. The legends are supposed to be shades of black and gray (always a bad choice in black and white - use hashing instead) and some of them have two or more areas that are indistinguishable by shade. Look on pages 83, 96, and 128 for examples of this problem. Nowadays, color is not that much more expensive to use and given the price of textbooks nowadays one would think that color would always be used. However, this is a tiny point.
Excellent guide to Real Estate and Urban Economics.......2004-06-29
This is an excellent introduction to understanding many of the economic forces which drive urban economics and real estate markets. The book is designed for a graduate-level course, but should be understandable by anybody with a rudimentary knowledge of economics and a desire to learn more. Certainly a 'must' for understanding these important topics and it certainly has some good 'ah ha' points where you 'get' something new and important.
High Price.......2001-11-20
It is an excellent book, a little pricy, but of high quality. It is not for someone that has not studied or worked in real estate, planning or land economics before though; it is a graduate level course book.
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Our Common Future (Oxford Paperback Reference)
World Commission On Environment and Development
Manufacturer: Oxford University Press, USA
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Natural Capitalism: Creating the Next Industrial Revolution
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Beyond Growth: The Economics of Sustainable Development
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Green Planet Blues: Environmental Politics from Stockholm to Johannesburg
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The Principles of Sustainability
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For the Common Good: Redirecting the Economy toward Community, the Environment, and a Sustainable Future
ASIN: 019282080X |
Book Description
Most of today's decision makers will be dead before the planet suffers the full consequences of acid rain, global warning, ozone depletion, widespread desertification, and species loss. Most of today's young voters, however, will be alive. In this, perhaps the most important document of the decade on the future of the world, the urgency of changing certain policy decisions, some of which threaten the very survival of the human race, is made abundantly clear. The World Commission on Environment and Development, headed by Gro Harlem Brundtland, Prime Minister of Norway, was set up as an independent body in 1983 by the United Nations. Its brief was to re-examine the critical environment, to develop proposals to solve them, and to ensure that human progress will be sustained through development without bankrupting the resources of future generations. In Our Common Future, the Commission serves notice that the time has come for a marriage of economy and ecology, so that governments and their people can take responsibility not just for environmental damage, but for the policies that cause the damage. It is not too late to change these policies; but, it warns, we must act now.
Customer Reviews:
Interesting, but . . ........1997-12-13
While the topic of this text, sustainable development, is interesting, the text is not. The first chapter provides most of what is necessary to understand the commission's findings. The 300+ pages which follow are filled with too many examples, which disrupts the flow of the book.
Book Description
Deaton analyses household survey data from developing countries, and illustrates how such data can be used to cast light on a range of short-term and long-term policy issues. Using data from several countries including Cote d'Ivoire, India, Pakistan, Taiwan, and Thailand, he examines the design and content of household surveys and explores the econometric issues for survey data.
Customer Reviews:
A masterpiece.......2004-03-31
This book is a masterpiece. In practice, it deserves to become the "Holy Bible" of Microeconometrics applied to (but not only to) Development Economics. It is beautifully written by an amazingly knowledgeble economist, who has actually worked for years (and still does) on most of the issues this book deals with. It is no easy reading, and it would be worth spending a day for every single page, but it's excellent even if you don't want to go through the details, and you just need an intuition about the issues covered. The first chapter introduces the reader to many important aspects of the contruction and use of household surveys. The second chapter masterfully reviews many concepts of applied econometrics. Chapter 3 is about poverty and inequality measurement. Chapter 4 is about "Nutrition, children, and intrahousehold allocation", Chapter 5 deals with prices and tax reforms, and Chapter 6 with saving and consumption smoothing. The book also contains many useful Stata codes the author wrote and used for his many papers. Again, this is not a trivial reading, but if you are interested in applied economics you will find reading this book extremely rewarding, and often almost entertaining, because Deaton is one of the very few economists around able to write about technical stuff in a brilliant and intuitive way.
Misadventure.......2001-11-15
It is a great book, and I would have not canceled the order if you would have shipped as your website said it would.
Deaton is the man !.......2000-03-22
This is an excelent manual for anyone interested in studying consumption or welfare in developing countries. Profesor Deaton is certainly one of the experts in the field. His book is well written and flows easily from theory to practice. Really enjoy it !
Book Description
Corruption has been a feature of public institutions for centuries yet only relatively recently has it been made the subject of sustained scientific analysis. Lambsdorff shows how insights from institutional economics can be used to develop a better understanding of why corruption occurs and the best policies to combat it. He argues that rather than being deterred by penalties, corrupt actors are more influenced by other factors such as the opportunism of their criminal counterparts and the danger of acquiring an unreliable reputation. This suggests a novel strategy for fighting corruption similar to the invisible hand that governs competitive markets. This strategy - the ‘invisible foot’ - shows that the unreliability of corrupt counterparts induces honesty and good governance even in the absence of good intentions. Combining theoretical research with state-of-the-art empirical investigations, this book will be an invaluable resource for researchers and policy-makers concerned with anti-corruption reform.
Amazon.com
The coauthor of Reengineering the Corporation offers insights into the consequences of today's process-centered reengineering that marks the end of the Industrial Revolution. This book is required reading for executives and front-line workers, for students and investors, for everyone who wants to be prepared for the new world that is at our doorstep.
Book Description
Reengineering has captured the imagination of managers and shareholders alike, sending corporations on journeys of radical business redesign that have already begun to transfigure global industry. Yet aside from earning them improvements in their business performance, the shift into more-process-centered organizations is causing fundamental changes in the corporate world, changes that business leaders are only now beginning to understand. What will the revolutions final legacy be? Beyond Reengineering addresses this question, exploring reengineering's effects on such areas as:
Jobs: What does process-centering do to the nature of jobs? What does a process-centered workplace feel like?
Managers: What is the new role of the manager in a process-centered company?
Education: What skills are vital in the process-centered working world, and how can young or inexperienced workers prepare?
Society: What are the implications of process-centering for employment and the economy as a whole?
Investment: What are the characteristics of a successful 21st-century corporation?
An informed look at one of the most profound changes to ever sweep the corporate world, Beyond Reengineering is the business manual for the 21st century.
Customer Reviews:
Mr. Hammer has little knowledge of the real business world.......2004-01-26
I come from four generations of independent businessmen, none of whom needed a book to tell them how to run one. And none of whom ever failed at the business they owned. I currently work for a company that has been in business for 102 years, and this book has sold some of the marketing types in management down the Hammer River of "process", whose implementation and loose interpretation of this book has resulted in mass retirements; fragmentation of skilled staff; loss of communication between working departments, and physical movements of employees that follow no logical purpose. The effect upon moral as a whole has de-motivated all of us. You cannot come to work or take a break without small groups of people venting their outrage at what's going on. There are increased hand-offs and rather than report to one person, now we must go through five, wait for a number to be generated for each task we perform (2 to 5 days). It's the craziest way to run a business that I've ever seen! We are left trying to figure out who is the leader and how we are supposed to get a project completed. None of us can figure out why management would go along with what Mr. Hammer proposes, when we won the JD Powers award for Customer Satisfaction in 2003. If we were not successfully doing our jobs before this "process change implementation", I'd like to know how this company stayed in business for 102 years! His proposals have intentionally set us up to fail. The only reason I can find for a company to use his recommendations is if they intend to be bought, want to get rid of all their employees, and want to cause general dishelvement and frustration. We were told that no jobs would be eliminated, this was not a reorganization, not a restructure. And yet entire departments that were instrumental in the core business of this company have been dissolved. And those who have retired would not have otherwise done so, had this company not chosen Mr. Hammer's path. Staff that has left is not being replaced. And no one prefers the job title "Subject Matter Expert" over the one they had before. Nobody wants "Process Leader" on their business cards. We all want to be productive, to feel that our work has real purpose and relevance. Mr. Hammer would have us all be nothing more than the by-product of some process that was unnecessary. I'd like to be there the day they lock Mr. Hammer away for insanity. I guess it's worth the price of this book just to buy it for a dartboard (which is precisely what I intend to do). Yes, Mr. Hammer, this has definately impacted my life, and I hope I never see you stranded by the side of the road: the result will be the implementation of a process you didn't mention in your book...
Heresy.......2002-03-14
Sorry, but I'm not as impressed by Hammer as he is of himself. I work for a large Fortune 100 company as a Director of Business Process Reengineering, and I'm NOT convinced after reading this that Hammer has rolled up his sleeves and gotten dirty (we all think it but no one will admit to it out loud). Just read the chapter about process owners and his theory about managing the employee and it is clear he has littler or no experience working with front-line $20K/year employees that are found in our operations. Sure, if you're working with professionals making $50K+ his theories are more plausible.
My boss swears by Hammer but when it comes to planning and performing the Redesign work she calls on my team to get it done. We aren't disciples of Hammer, but everyone on my team has read this book and in order to understand the terminology. Using the methodology found in this book will be of minimal use for planning and completing your BPR.
A must read for anyone interested in how organizations work.......1999-04-06
I recently had the privilige of attending a Dr. Hammer seminar in Boston and can tell you that this book tracks closely with his seminar which was the best I have ever attended. The book however goes into much greater detail and depth than a one day high level seminar can go to. The portions that described the first principles of business (chapter 6)and the dramatic impact that process centered organizations will have on employees (the entire book)were standouts. I have already used information contained here in my work as a consultant for a major federal systems integrator. I am also going to try and get my children who are attending college and high school to read at least chapter 14 (What I Tell My Children)so that they can take advantage of Dr Hammer's guidance with respect to the selection of fulfilling educational and career choices. I think it is the best book on business that I have ever read.
I also understand the book was written for a general audience but it would have been nice to have some footnotes and research to underpin some of the pronouncements of business benefits. I tried to track the performance of American Standard, Texas Instruments, and GTE to see if I could confirm Hammer's assertions but it would have taken too much time. Maybe he can publish an addendum for those of us interested in such matters.
Almost a homer, just a long double off the top of the wall.......1999-03-09
After the first nine chapters, I thought this book was better than the original, Reengineering the Corporation. But the second half of the book wanders off into repetition, ambiguity and irrelevance. Oh well, it is still worth the cost just to read the first half of this sequel, because it adds depth to the original book.
It is a shake-down to tradition!.......1998-10-30
After going thru all the series of Michael's "state-of-the-art" books, I also applied some ideas and approaches while doing consulting work with my clients. However, it is not a happy ending for every case I consulted with in the real world. But to myself, I definitly believe in what Michael promoted all about - process thinking, process organizing - without any doubt. The "thing" we deliver to the customer, even we can say the reason why a comapny can exist is VALUE, not product, technology, or so-called "service". I know it's hard to define what VALUE means, but what I do believe is to delight the customers may represent they feel the value! By the way, Chapter 7 in the book - A Football Team is my favorite part, because I also use "Basketball team" to motivate my staff! And believe me, it does WORK!
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Applied Environmental Economics: A GIS Approach to Cost-Benefit Analysis
Ian J. Bateman ,
Andrew A. Lovett , and
Julii S. Brainard
Manufacturer: Cambridge University Press
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A Primer on Nonmarket Valuation (The Economics of Non-Market Goods and Resources)
ASIN: 0521809568 |
Book Description
The complex real-world interactions between the economy and the environment form both the focus of and main barrier to applied research within the field of environmental economics. However, geographical information systems (GIS) allow economists to tackle such complexity head on by directly incorporating diverse datasets into applied research rather than resorting to simplifying and often unrealistic assumptions. This innovative book applies GIS techniques to spatial cost-benefit analysis of a complex and topical land use change problem--the conversion of agricultural land to multipurpose woodland--looking in detail at issues such as opportunity costs, timber yield, recreation, carbon storage, etc.,
Download Description
The complex real world interactions between the economy and environment form both the focus of and main barrier to applied research within the field of environmental economics. However, geographical information systems (GIS) allow economists to tackle such complexity head on by directly incorporating diverse data sets into applied research rather than resorting to simplifying and often unrealistic assumptions. This innovative book applies GIS techniques to spatial cost-benefit analysis of a complex and topical land use change problem, the conversion of agricultural land to multipurpose woodland, looking in detail at issues such as opportunity costs, recreation, carbon storage, etc., and embracing cross cutting themes such as the evaluation of environmental preferences and the spatial transfer of benefit functions.
Book Description
This textbook provides a systematic survey of the most recent developments in input-output analysis and their applications, helping us to examine questions such as: Which industries are competitive? What are the multiplier effects of an investment program? How do environmental restrictions impact on prices? Linear programming and national accounting are introduced and used to resolve issues such as the choice of technique, the comparative advantage of a national economy, its efficiency and dynamic performance. Technological and environmental spillovers are analyzed, both at the national level (between industries) and the international level (the measurement of globalization effects).
Customer Reviews:
Thijs ten Raa and his Excellent Book. .......2006-04-18
Last Monday I got the book by Professor Thijs ten Raa (2005) The Economics of Input-Output Analysis. I like it. It's a very nice work, that provides a broad outlook about the Input-Output Analysis, and related issues: multiplier effects, linear programming, changing coefficients, National Accounts, efficiency, production functions, international trade, Environment, productivity and spillovers, dynamic inverse and stochastic IO Analysis. By the way, in this last chapter the work of our colleague of the Spanish Input-Output Group, Jos? Manuel Rueda Cantuche, is quoted. The presentation of the book is excellent. And it is not too expensive.
It is only a suggestion...
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Industrial Evolution in Developing Countries: Micro Patterns of Turnover, Productivity, and Market Structure
Manufacturer: A World Bank Publication
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ASIN: 0195211103 |
Book Description
This book examines the micro processes involved in the industrial sector of developing countries when new producers enter the market and existing ones exit while, simultaneously, market shares shift among producers who differ in their technology, managerial expertise, and profitablity.
Books:
- Analog Behavioral Modeling with the Verilog-A Language
- Applied Econometric Time Series, 2nd Edition
- Applied Regression Analysis: A Second Course in Business and Economic Statistics (with CD-ROM and InfoTrac®) (Applied Regression Analysis: A Second Course in Business & Economic)
- At War's End: Building Peace after Civil Conflict
- Basic Blueprint Reading and Sketching (Delmar Learning Blueprint Reading)
- Bayesian Data Analysis, Second Edition (Texts in Statistical Science Series (Chapman and Hall))
- Because They Hate: A Survivor of Islamic Terror Warns America
- Black Is a Country: Race and the Unfinished Struggle for Democracy
- Bringing Out the Best in People
- Business Dynamics: Systems Thinking and Modeling for a Complex World with CD-ROM
Books Index
Books Home
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