This second edition of a successful textbook builds on the solid grounding of the previous edition and its introduction of the key pillars of game theory into managerial decision-making. Taking an international perspective, the book reflects cutting edge developments in economics such as behavioural economics and auction theory and shows how these can be applied in the workplace.
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The material is easily adaptable to courses of different lengths and educational objectives, including a one-semester MBA course, economics courses in an undergraduate commerce or business degree, or an executive MBA program.This second ...
While other texts focus on quantitative analysis, this book enphasizes logic and conceptual modeling -- reinforced by real-life examples -- to highlight the pivotal link between economics and key business concerns such as costs, prices, ...
A user-friendly problem-solving approach to managerial economics, with a focus on the transformative effects of the digital revolution.
Managerial Economics-2nd
Also available with MyEconLab® MyEconLab is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results.
He is the main shareholder and Chief Executive of Berkshire Hathaway. Consistently rated as one of the wealthiest people in the world and sometimes called the 'Wizard of Omaha' or the 'Sage of Omaha', Buffet has pledged to give away 99 ...
This book discusses the importance of the selection of a relevant information set. Organized into 12 chapters, this book begins with an overview of the forecasting techniques that are useful in decision making.
The results of this section can be generalized, as discussed by Engel [1984], where conditions are provided to assure that the sum of two dependent Gaussian ARMA processes is ARMA. Engel further shows that if X, is Gaussian ARMA with ...
Michael Porter, “The Contributions of Industrial Organization to Strategic Management,” Academy of Management Review 6 (1981): 609–620. Michael Porter, Competitive Strategy (New York: Free Press, 1980). Profitability.