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The Economics of Collusion: Cartels and Bidding Rings

Marshall, Robert C.; Marx, Leslie M. - The MIT Press

Explicit collusion is an agreement among competitors to suppress rivalry that relies on interfirm communication and/or transfers. Rivalry between competitors erodes profits; the suppression of rivalry through collusion is one avenue by which firms can enhance profits. Many cartels and bidding...

Persistent link: https://www.econbiz.de/10010535198

The Craft of Economics: Lessons from the Heckscher-Ohlin Framework

Leamer, Edward E. - The MIT Press

In this spirited and provocative book, Edward Leamer turns an examination of the Heckscher–Ohlin framework for global competition into an opportunity to consider the craft of economics: what economists do, what they should do, and what they shouldn’t do. Claiming “a lifetime relationship...

Persistent link: https://www.econbiz.de/10010535226

Intermediate Statistics and Econometrics: A Comparative Approach

Poirier, Dale J. - The MIT Press

in economics, Intermediate Statistics and Econometrics offers a broad perspective, bringing together a great deal of …The standard introductory texts to mathematical statistics leave the Bayesian approach to be taught later in advanced … topics courses -- giving students the impression that Bayesian statistics provide but a few techniques appropriate in only …

Persistent link: https://www.econbiz.de/10004973175

Economics After the Crisis: Objectives and Means

Turner, Adair - The MIT Press

The global economic crisis of 2008-2009 seemed a crisis not just of economic performance but also of the system’s underlying political ideology and economic theory. But a second Great Depression was averted, and the radical shift to New Deal-like economic policies predicted by some never took...

Persistent link: https://www.econbiz.de/10010905537

The Innovator's Way: Essential Practices for Successful Innovation

Denning, Peter J.; Dunham, Robert - The MIT Press

Innovation is the ruling buzzword in business today. Technology companies invest billions in developing new gadgets; business leaders see innovation as the key to a competitive edge; policymakers craft regulations to foster a climate of innovation. And yet businesses report a success rate of only...

Persistent link: https://www.econbiz.de/10010905543

Lectures on Urban Economics

Brueckner, Jan K. - The MIT Press

Lectures on Urban Economics offers a rigorous but nontechnical treatment of major topics in urban economics. To make the book accessible to a broad range of readers, the analysis is diagrammatic rather than mathematical. Although nontechnical, the book relies on rigorous economic reasoning. In...

Persistent link: https://www.econbiz.de/10010905545

Game Theory and the Humanities: Bridging Two Worlds

Brams, Steven J. - The MIT Press

Game theory models are ubiquitous in economics, common in political science, and increasingly used in psychology and sociology; in evolutionary biology, they offer compelling explanations for competition in nature. But game theory has been only sporadically applied to the humanities; indeed, we...

Persistent link: https://www.econbiz.de/10010905554

Student Solutions Manual to Accompany Health Economics

Sloan, Frank A.; Hsieh, Chee-Ruey - The MIT Press

Health Economics combines economic concepts with empirical evidence to enhance students’ economic understanding of how health care institutions and markets function. It views the subject in both microeconomic and macroeconomic terms, moving from the individual and firm level to the market...

Persistent link: https://www.econbiz.de/10010535195

The Clash of Generations: Saving Ourselves, Our Kids, and Our Economy

Kotlikoff, Laurence J.; Burns, Scott - The MIT Press

The United States is bankrupt, flat broke. Thanks to accounting that would make Enron blush, America’s insolvency goes far beyond what our leaders are disclosing. The United States is a fiscal basket case, in worse shape than the notoriously bailed-out countries of Greece, Ireland, and others....

Persistent link: https://www.econbiz.de/10010535203

The Continuing Evolution of Europe

Buettner, Thiess (contributor); Ochel, Wolfgang (contributor) - The MIT Press

The European Union began with efforts in the Cold War era to foster economic integration among a few Western European countries. Today’s EU constitutes an upper tier of government that affects almost every level of policymaking in each of its twenty-seven member states. The recent financial...

Persistent link: https://www.econbiz.de/10010535205