commitment and flexibility. They can stake a claim by making a large capital investment today, influencing their rivals' behavior … strategy formulation. It synthesizes research in the areas of strategy, economics, and finance in a way that is accessible to …

but in its balance between public finance and public choice and its combination of theory and relevant empirical evidence …

previous editions, basic and advanced models in the areas of corporate finance, portfolio management, options, and bonds are …

international finance increasingly relies, the book teaches the reader how to think in terms of simple models and grasp the … graduate courses in development economics, international finance, and macroeconomics. …

Tirole offer an original, unified perspective on these questions drawing on insights from modern corporate finance. In a … slight, but important departure from the standard theory of finance, they show how imperfect pledgeability of corporate …, investment decisions, and liquidity management. The government has an active role to play in improving risk-sharing between …

apparent than in emerging markets. In Banking on Democracy, Javier Santiso investigates the links between politics and finance … markets have decoupled politics and finance, in the wake of the 2008Ð2012 financial crisis many developed economies (Europe … and the United States) have experienced a recoupling between finance and politics. …

insist on better paths to investment return than those provided by Wall Street (mis)managers. Kotlikoff and Burns's "Purple … economists and offer a new way forward; and their revolutionary investment strategy for individuals replaces the idea of …