Economics of industrial organization Books

Book SynopsisSilicon Valley is the most salient example of high-tech industrial clusters. Public policymakersthroughouttheworldwouldliketolearnthesecretsofSiliconValley in order to build their own high-tech economies. The existing literature on ind- trial clusters, which traces back to Marshall (1920), focuses on the way in which ?rms bene?t from locating in a cluster; it suggests that once a cluster comes into existence, it tends to reinforce itself by attracting more ?rms. However, a more important question is how to reach this critical mass in the ?rst place. In contrast to the literature, evidence suggests that entrepreneurs rarely move when they est- lish high-tech start-ups (Cooper and Folta, 2000). This contradicts the notion that location choice analyses lead entrepreneurs to a high-tech cluster. A high-tech industrial cluster such as Silicon Valley is characterized by c- centratedentrepreneurship. FollowingSchumpeter,weemphasizethefactthat“the appearance of one or a few entrepreneurs facilitates the appearance of others” (Schumpeter,1934). Weproposeanagent-basedcomputationalmodeltoshowhow high-tech industrial clusters could emerge in a landscape in which no ?rms existed originally. The model is essentially a spatial version of the Nelson-Winter model: Boundedly rational agents are scattered over an explicitly de?ned landscape. Each agent is endowed with some technology, which determines his ?rm’s productivity (if he has one). During each period of time, an agent with no ?rm would make a decision as to whether he wants to start one. This decision is mostly affected by the behavior of his social contacts, who are all his neighbors.Table of ContentsEditorial.- Reflections on the Schumpeter I knew well.- Schumpeter, product innovation and public policy: the case of cigarettes.- Risk, variety and volatility: growth, innovation and stock prices in early industry evolution.- Social networks and industrial geography.- Growing Silicon Valley on a landscape: an agent-based approach to high-tech industrial clusters.- The theory of the firm and the markets for strategic acquisitions.- The growth of commercialization — facilitating organizations and practices: A Schumpeterian perspective.- On the macroeconomic effects of establishing tradability in weak property rights.- Capital in the new economy: A Schumpeterian perspective.- A comparative perspective on innovation and productivity in manufacturing and services.- Tracing empirical trails of Schumpeterian development.- Towards an evolutionary interpretation of aggregate labor market regularities.- An evolutionary model of international competition and growth.- Innovation and growth in Germany over the past 150 years.- Nonlinear dynamism of innovation and business cycles.- The dynamic effects of general purpose technologies on Schumpeterian growth.

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Book SynopsisThis book examines the national automotive policy in Malaysia to help readers gain an understanding of the country’s industrial policy-making processes. Addressing a gap in analysis of the political economy of the national automotive policy, the research presented combines the new institutional theory and the developmental state approach to provide new insights into elite policymakers’ measures to shield domestic automotive enterprises from pro-market reforms. The formation of the national car project marks a turning point for Malaysia's industrial development as a country, which it envisions will lead to it becoming a major player in the global automotive market. However, the domestic institutional factors embedded in ethno-economic interests and patronage constrain national car-makers, limiting their potential to grow, and instead causing a slowdown in the industry.Allowing readers to understand the background to Malaysia’s heavy industrialisation programme and the birth of its national car projects, this book critically discusses the significance of institutional context in policy outcomes, and highlights how institutions and policies have impact growth or decline. It is a valuable resource relevant to analysts, researchers and students who are interested in the political economy of the national industrial policy and automotive industry in Malaysia and beyond.Table of ContentsIntroduction.- Theoretical framework.- Malaysia automotive policy and industrial policy.- The political economy of the national car project.- Political economy analysis of the national automotive industry.- Conclusion.

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Book SynopsisThe book explores the effect of modern technological shifts on human society, showing that technologies are undergoing accelerating qualitative changes that open up new opportunities for personal development and satisfaction of wants and, simultaneously, engender risks associated with growing opportunities of human interference with nature and technogenic stress on the environment. Based on the study of cutting-edge technologies and resulting socioeconomic shifts, Bodrunov’s analysis outlines the shape of the civilizational crisis we face. It can only be overcome by founding a new industrial society of the second generation (if we consider the new industrial state described by J. K. Galbraith as the first generation) reliant on knowledge intensive material production and the gradual removal of humans from immediate material production.Trade Review“Sergey Bodrunov’s lively book addresses one of the most controversial consequences of liberal globalization—the deindustrialisation of the advanced capitalist states. Following the line of thinking of writers such as Clark Kerr and J.K. Galbraith, Bodrunov insists on the revival of industrialization and in doing so he makes advances on earlier theorizing. He insists that the development of civilization calls for a higher level of material production predicated on human knowledge and he anticipates much of current theorizing about the effects of artificial intelligence. In a provocative discussion, predicated on the experience of post-socialist Russia, he calls for positive economic policies to enhance the capabilities of modern economies to advance to higher levels of industrial development. The book will appeal to readers seeking solutions to modern economic problems through state coordination.”— David Lane, Emeritus Professor of Sociology, University of Cambridge, UK“As Marx, Veblen and John Kenneth Galbraith understood, human society co-evolves with its material and technological conditions, which fact has grave implications for those seduced by financialization or the post-industrial mirage. In The Coming New Industrial State: Reloaded, Sergey Bodrunov gives a fair—and sometimes harsh—portrait of modern Russia's fall into dependence on outside technologies, machines, and components. He advocates a path forward for Russia at the technical frontiers, with a mixed economy rooted in ‘an authentic culture’ without which, he writes, ‘there can be no effective industrial development.’ The war and sanctions may now catapult this analysis to the forefront.”— James K. Galbraith, The University of Texas at Austin, Member, Free Economic Society and Foreign Member, Russian Academy of Sciences“Sergey Bodrunov’s work is a major contribution to human knowledge, rooted both in his practical experience in Russian industry and government, and in revival of interest in the most profound issues in the philosophy of thought. It deserves the attention of everyone with an interest in innovation. But beyond that, anyone concerned with the rising challenge of new technologies should read it. At the center of The Coming New Industrial State lies the following proposition: until now, technology has driven society. The ‘information economy’ calls for a different relationship; it is society that must drive technology. Innovation, therefore, henceforth constitutes social innovation; a different way of organizing society. Bodronov not only poses the question, but provides much-needed answers.”— Alan Freeman, Geopolitical Economy Research Group, University of ManitobaTable of ContentsIntroductionPart One: Material Production and Industry: Technology, Labor, and ProductChapter 1: Production and Its Product: The Industrial Mode of ProductionChapter 2: The Service Industry, Material Production, and Their Correlation in the Modern EconomyPart Two: The Russian Economic System and (De)industrializationChapter 3: Industrialization of the Economy as a Factor of Social Development; The Phenomenon of Modern DeindustrializationChapter 4: Industrial Development in Russia: Lessons from the PastChapter 5: The Deindustrialization of Russia and the Challenges of ReindustrializationChapter 6: Techno-Economic Paradigms and the Renewal of the Russian Economy: The Political-Economic AspectChapter 7: The Russian Economic System: The Future of High-Tech Industrial ProductionPart Three: The New Industrial State v.2Chapter 8: The New Industrial State of the Twentieth CenturyChapter 9: The New Industrial State v.2: The Parameters of its GenesisPart Four: Reindustrialization, Import Substitution, and Active Industrial PolicyChapter 10: Technological Leadership and National SecurityChapter 11: Innovative Economic Development: Into NIS.2Chapter 12: Industrial Policy as a Tool of Reindustrialization and Import SubstitutionChapter 13: Imperatives, Opportunities, and Challenges of ReindustrializationChapter 14: The Revival of Production, Science, and Education: The Primary Priority of Modern Industrial PolicyChapter 15: NIS.2 as a Social SystemConclusion

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Book SynopsisNoonomy explores the effect of modern technological shifts on human society. The author shows that technologies are about to undergo qualitative changes which will create new opportunities for personal development and the satisfaction of wants and, simultaneously, engender risks associated with growth opportunities of human interference with nature and technogenic stress on the environment. Based on the study of cutting-edge technologies and resulting socioeconomic shifts, Bodrunov makes the conclusion about the upcoming civilizational crisis. The crisis can be overcome through the formation of a new industrial society of the second generation reliant on knowledge-intensive material production and gradual removal of humans from immediate material production processes. These two trends can fully develop only subject to the transition from the current socioeconomic formation to a non-economic one–the noonomy.Table of ContentsForewordTo the Reader: A Door to the FutureThinkers Who Have Contributed to the Study of the Interconnections between Technological and Social Development Step One: Grasping RealityStep Two: Into the World of New TechnologiesStep Three: To the Threshold of Technological RevolutionStep Four: The New Industrial Society’s Second GenerationStep Five: Civilization at a CrossroadsStep Six: Nooindustrial ProductionStep Seven: Culture as an Economic ImperativeStep Eight: From Economy to NoonomyConclusion: The Path Towards Nootranformation

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Book SynopsisThis second edition of The Economics of Entrepreneurship is an essential resource for scholars following the current state of this fast-moving field, covering a broad range of topics in unparalleled depth. Designed to be used both as a textbook for specialist degree courses on the economics of entrepreneurship, and as a reference text for academic research in the field, the book draws on theoretical insights and recent empirical findings to show how economics can contribute to our understanding of entrepreneurship. New topics, such as crowdfunding, entrepreneurship education and microenterprise field experiments, appear for the first time, while existing treatments of topics like regional entrepreneurship, innovation and public policy are considerably deepened. Parker also discusses new empirical methods, including quasi-experimental methods and field experiments. Every section - indeed every page - of the new edition has been updated, resulting in a rigorous scientific account of entrTrade Review'For those looking to understand the up-to-date thinking and research about entrepreneurship, this is the book for you. Simon C. Parker takes the broad view in weaving together a coherent, integrated and thoughtful analysis of what is known about entrepreneurship, why it matters and how we know it. His careful and meticulous command of the subject combined with lively writing makes his subject come to life. The book is not just essential reading for anyone interested in entrepreneurship but also a pleasure to read.' David Audretsch, Indiana University'The first edition of The Economics of Entrepreneurship is generally considered as a landmark defining the field. Partly thanks to this milestone the field developed quickly. In the second edition Simon C. Parker documents this progress as well as links to neighbouring fields like psychology, innovation, education and finance. This second edition is fascinating and indispensable reading for researchers and students, even more so than the 1st edition.' Roy Thurik, Erasmus School of Economics and Montpellier Business School'Simon C. Parker's The Economics of Entrepreneurship has long been a fundamental reading for entrepreneurship researchers and students. In this new edition, we are brought bang up to date, with important new material on financing, notably venture/angel capital and crowdfunding as well as innovation. Longstanding strengths of the book, for example concerning individual determinants of entrepreneurship and empirical methods, have also been significantly upgraded. This new edition will become the standard reference in the field.' Saul Estrin, London School of Economics and Political Science'In my own work I regularly referred to the previous edition of the Economics of Entrepreneurship because it was the definitive text on the subject. The new edition maintains that authoritative position but I see it stretching out to those interested in Entrepreneurship from other disciplines. I hope these scholars will draw upon this new edition so leading to greater comparability and consistency in interpreting the causes and outcomes from Entrepreneurship.' David Storey, OBE, University of Sussex'The concepts are well written and easy to understand. The book was intended as a graduate-level textbook; however, it could be a great addition to academic libraries as a reference resource for entrepreneurship researchers.' L. Camacho, ChoiceTable of Contents1. Introduction; Part I. Selection: 2. Individual-level theories of entrepreneurship; 3. Regional- and macroeconomic-level theories of entrepreneurship; 4. Empirical methods in entrepreneurship research; 5. Individual-level determinants of entrepreneurship; 6. Evidence of regional and macro-level determinants of entrepreneurship; 7. Ethnic entrepreneurship and immigration; 8. Female entrepreneurship; Part II. Financing: 9. Debt finance for entrepreneurial ventures; 10. Venture capital and business angel finance; 11. Other sources of entrepreneurial finance; 12. Wealth and entrepreneurship; Part III. Performance: 13. Entrepreneurial venture growth; 14. Rent seeking, entrepreneurial effort and employment creation; 15. Entrepreneurs' incomes and returns to human capital; 16. Innovation; 17. Venture survival and entrepreneurial exit; Part IV. Public Policy: 18. Principles of entrepreneurship policy; 19. Finance and innovation policies; 20. Regulation; 21. Taxation, entrepreneurship support programs and indirect government policies.

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Book SynopsisThe American working class didn’t disappear with the manufacturing economy. It transformed. Instead of unionized blue-collar men, today’s working class is dominated by underpaid women in service jobs—especially health care. With recognition of this shift, Gabriel Winant argues, may come political clout.Trade ReviewThe replacement of blue-collar work by pink-collar work has been much discussed, but what makes this book stand out is Winant’s argument that two seemingly distinct phenomena are in fact inextricably connected…An original work of serious scholarship, but it’s also vivid and readable…[An] eye-opening book. -- Jennifer Szalai * New York Times *A deeply upsetting book. It meticulously charts the transformation of the working class to show how the destruction of workers’ unions and bodies occurred in a feedback loop, with capitalist exploitation demanding care, demanding more exploitation, demanding still more care. The demolition of state support and state protections served to speed up this feedback loop. It has long since spun out of control…Winant ably blends social and political history with conventional labor history to construct a remarkably comprehensive narrative with clear contemporary implications. -- Scott W. Stern * New Republic *Winant charts the rise of this new political economy and working class in his terrific new book…Offering fine-grained details of shop-floor industrial relations, the book is at once an ethnographic probe into the lives of working-class families and a comprehensive analysis of the larger dynamics of the US political economy…A useful guide to the sweeping social changes that have shaped a huge segment of the economy and created the dystopian world of contemporary service-sector work. -- Nelson Lichtenstein * The Nation *How the health-care industry replaced manufacturing while downgrading the quality of American middle-class life, furthering inequality, and fueling political bitter divisions is the welcome subject of Gabriel Winant’s The Next Shift…Winant weaves together a convincing argument that this downward mobility has been driven by a gendered and racist political economy that values many things—from retiree health care to CEO pay—more than care work by women and people of color…Many health-care workers on the bottom rungs now find themselves, in some ways, back where industrial workers started in the nineteenth century…[An] important book. -- John W. Miller * Democracy *Digs deep into the stories of working people, tracing the rise and fall of two industries that, despite vast differences on the surface, have been intertwined for decades. Through stories of real people’s real lives, Winant explores the move from manufacturing to care, tracing the rise of a new working class—one that looks very different from the stereotypical blue-collar worker of the Rust Belt’s mythic past…A road map for how to think about the changing working class. -- Sarah Jaffe * Bookforum *Charts how Pittsburgh’s declining steel industry gave rise to one of the country’s most ruthlessly corporatized health care systems, and how the ability of each to deliver on its romanticized promises rested on the exploitation of care work. -- Natalie Shure * Jacobin *Winant explains in fascinating detail how Pittsburgh’s working class adapted to the post-steel economy…[O]ffers a highly intelligent case study of the transformation of one key section of the working class since 1950—a vital precondition for mapping its future. -- Tom Mertes * New Left Review *Essential reading for anyone interested in Pittsburgh history, the labor movement or the economics of our health care system. It helps us to make sense of the region and the economy we inhabit today. -- Kate Giammarise * Pittsburgh Post-Gazette *The definitive account of the causes and consequences of the decline of heavy industry and the birth of the medical-industrial complex. Winant dives deeply into Pittsburgh's economic, social and cultural history to illuminate the linkages between the rise and fall of steel and the spectacular growth of health care…Essential reading for anyone wanting to understand our modern health-care industry's historical and economic foundations. -- Joshua Kim * Inside Higher Ed *An exquisite regional economic history, The Next Shift illustrates how health care became a primary mechanism of social reproduction—allowing the American state to govern the economic and sociological consequences of deindustrialization…Offers powerful lessons for scholars of health policy and politics. -- Philip Rocco * Journal of Health Politics, Policy and Law *[An] exhaustive examination of the shifting economies of the American Rust Belt…A fascinating look at labor history and the continuing struggles of blue-collar workers, particularly in light of the pandemic and the increased burden, both personally and politically, placed on health care workers. * Pittsburgh Magazine *A thorough understanding of the political economy of the post-war United States inflected through the lenses of race, gender and class. It is a masterful book that weaves together two seemingly disparate strands—the demise of heavy industry and the rise of care work—into a single thread that traces the story of a broken society. -- Ryne Clos * Spectrum Culture *Winant explores in his informative debut the rise and fall of Pittsburgh’s steel industry as a microcosm of America’s shift from an industrial to a service economy. * Publishers Weekly *Beautifully written, extensively researched, and sharply argued, The Next Shift offers a new way to think about the transformations often grouped together under the rubric of ‘neoliberalism.’ Winant sees deindustrialization not simply as a story of decline, but a story of the rise of a new kind of working class. -- Kimberly Phillips-Fein, author of Fear City: New York’s Fiscal Crisis and the Rise of Austerity PoliticsA sophisticated, politically pointed, and beautiful crafted book, The Next Shift chronicles both the erosion of the white male industrial working class and the ascendance of a service sector run by the labor of white women and men and women of color. But unlike most stories of industrial decline, Winant’s history bristles with hope for activism for the new world of work that has emerged. -- Eileen Boris, author of Making the Woman Worker: Precarious Labor and the Fight for Global Standards, 1919–2019In this nuanced and powerful book, Gabriel Winant connects the slow-motion devastation of deindustrialization to the perverse political economy of care as the twin fruit of America’s compromised social bargain. Through the rusting of ‘Steel City, USA,’ Winant makes tragically concrete the ways that industrial job loss was transformed into a profit-driven market for health care—ensuring that caregivers can never afford the services they provide, and that the social exclusion on which the welfare state was built will swallow up ever greater majorities. -- Bethany Moreton, author of To Serve God and Wal-Mart: The Making of Christian Free EnterpriseOne of the most timely books of our era. The global pandemic has turned care workers into heroes while concealing the history that rendered them undervalued, underpaid, and precarious long before COVID struck. Winant recovers this history, revealing how the growth of the care industry was a consequence of, and response to, the decline of the industrial sector, and suggesting that the very laborers tasked with keeping the rest of the working class from an early grave may prove to be capitalism’s proverbial gravediggers. -- Robin D. G. Kelley, author of Freedom Dreams: The Black Radical ImaginationHow and why has the healthcare sector taken over formerly industrial cities? Why are care work jobs so important yet so undervalued? In one of the most important works of labor, economic, and policy history to appear in years, Gabriel Winant compellingly answers these questions. This is an essential book for understanding the healthcare system, its weaknesses, and the policies necessary to create a system that is equitable for both workers and patients. -- Thomas J. Sugrue, author of The Origins of the Urban Crisis: Race and Inequality in Postwar Detroit

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Book SynopsisSeeking a fresh perspective on one of the major issues of our day, global financial capitalism and its devastating effects on our democracies, this is an ideal text for students and teachers in the political sciences and philosophy; corporate and labor law; economic sociology; social and economic history; and industrial relations, business, and management.Trade Review'Isabelle Ferreras presents a forceful case for a very big idea. Firms, she argues, are political entities, and democracy is the right kind of governance for political entities. So firms should be governed democratically - by a bicameral body, representing workers as well as owners of capital. We urgently need creative, ambitious, constructive thinking, and Isabelle Ferreras delivers it: clearly, gracefully, and with great intellectual power.' Joshua Cohen and Joel Rogers, Apple University and University of California, Berkeley, Editor of the Boston Review and University of Wisconsin, Madison, Director, COWS'Isabelle Ferreras presents a deeply original and provocative proposal for deepening and extending the ideals of democracy in capitalist economies by democratizing the governance of corporations. She provides a powerful, nuanced critique of the autocratic forms of rule that are taken-for-granted within capitalist firms as they exist, and a compelling model of an emancipatory alternative that could be realized in the future. The book is a brilliant contribution to the kind of progressive thought desperately needed for the twenty-first century.' Erik Olin Wright, Vilas Distinguished Professor, University of Wisconsin, Madison; Past President, American Sociological Association 2011–12'An urgent and exciting contribution to the debate about corporate power and democracy: Ferreras pushes us to reach beyond the existing forms of the corporation to ask what democratic organization might look like in our workplaces.' David Singh Grewal, Yale Law School, Yale University'Democracy must not stop at the workplace door. While many have lamented the autocratic rule of corporations, Isabelle Ferreras offers a radical and exciting proposal on how democracy can be inserted into corporate governance. Arguing that workers, not just capital, are investors in enterprises, Ferreras demands that workers be granted the rights of citizenship and a role in the government of firms. With corporate power challenging democracy everywhere, Ferreras challenges workers, unions, and anyone interested in breathing life into democracy to recognize firms as political entities. She shows how to extend democratic structures into these authoritarian entities that play such a commanding role in our lives and economy.' Elaine Bernard, Labor and Worklife Program, Harvard Law School, Harvard University'Economists have long been content to describe corporations as an abstract legal shell, a 'nexus of contracts' governed by narrowly constructed notions of property rights. Political scientist Isabelle Ferreras introduces us to an alternative view of the corporation as a political association comprised of stakeholders who expect to be governed according to democratic rules and norms. In times of skyrocketing inequality, a deeper debate about the 'theory of the firm' is urgent and timely. Ferreras has launched that debate.' Christopher Mackin, American Working Capital, LLC; Rutgers School of Management and Labor Relations'A simple and radical proposal - bicameral firms - supported by a powerful analogy with the history of political democracy and by an insightful analysis of the growing tension between corporate despotism and civic equality. This is the sort of smart interdisciplinary thinking that we need to shed light on the present and feed hope for the future.' Philippe Van Parijs, University of Louvain, Hoover Chair of Economic and Social Ethics'All in all, the book is a refreshing addition to re-emerging debates on industrial democracy. It offers an exciting intellectual challenge and a creative spinning of theoretical arguments drawing on different disciplines and scholarly sources. With her brave and provocative policy contribution, Ferreras leans out from the academic ivory tower, engaging with burning social and political concerns. Her powerful and progressive language is also timely, at a moment when workers' participation is increasingly being reformulated and colonised by mainstream corporate governance and corporate social responsibility discourse. … The broader audience, particularly corporate managers, trade unionists and policy-makers of the reformist left, should welcome the publication and benefit from its engaging arguments. Be it the swansong of democracy at work, or the announcement of a social refounding of capitalism, this book guarantees food for thought and will leave the reader eager for the next instalment.' Sara Lafuente Hernández, Transfer: The European Review of Labour and Research'… the most interesting part of the book, at least for me, is the argument about why this new structure is desirable at all. That argument is built around a view of the changing nature of work in our society and the nature of the firm as an institution in which work is performed. In this sense, the book belongs to the burgeoning academic literature about the 'future of work', except that in the debate that has already become so stylized, almost ritualized, Ferreras's argument is refreshingly different and original.' Michael J. Piore, Industrial and Labor Relations Review'Aside from offering a useful historical and comparative survey of the different ways in which work is organized, the book's core insight - that a conceptual and normative account of the firm must recognize the importance of both expressive and instrumental rationality - is fundamentally sound and important. What weight we ought to accord these competing logics in the governance of the firm may not be answered completely in this work, but Ferreras has done a great service by posing the question and illuminating the stakes involved.' Abraham Singer, Perspectives on Politics'… the book is a refreshing addition to re-emerging debates on industrial democracy. It offers an exciting intellectual challenge and a creative spinning of theoretical arguments drawing on different disciplines and scholarly sources. With her brave and provocative policy contribution, Ferreras leans out from the academic ivory tower, engaging with burning social and political concerns. Her powerful and progressive language is also timely, at a moment when workers' participation is increasingly being reformulated and colonised by mainstream corporate governance and corporate social responsibility discourse. … The broader audience, particularly corporate managers, trade unionists and policy-makers of the reformist left, should welcome the publication and benefit from its engaging arguments. Be it the swansong of democracy at work, or the announcement of a social refounding of capitalism, this book guarantees food for thought and will leave the reader eager for the next instalment.' Sara Lafuente Hernández, TransferTable of ContentsIntroduction: what about the workers?; Part I. Critical History of Power in the Firm: The Slow Transition of Work from the Private to the Public Sphere: 1. Stage one: the workplace and its emergence from the household; 2. The nineteenth and twentieth centuries: workers' movements and the invention of collective bargaining; 3. The twentieth century and the ambiguities of institutional innovations in the capitalist firm; 4. The twenty-first century service economy is bringing work fully into the public sphere; Part II. What Is a Firm?: 5. Obsolete vision: instrumental rationality as the firm's sole logic; 6. Foundations for the political theory of the firm; Part III. Looking to the Future: From Political Bicameralism to Economic Bicameralism: 7. Bicameral movements: a pivotal institutional innovation for governments in democratic transition; 8. Analogy: the executive of the firm answering to a two-chamber parliament; Conclusions: a reader's guide for reflection and debate about economic bicameralism.

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Book SynopsisWith twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.Trade Review'The electricity sector - the backbone of the modern economy - is under tremendous pressure right now. Because of climate change, it is being asked to both grow at a much faster pace than it has historically and, at the same time, fundamentally transform its operations. There is no better time for a comprehensive volume with an all-star list of contributors - hats off to Glachant, Joskow and Pollitt.' -- Catherine Wolfram, University of California, Berkeley, USTable of ContentsContents: 1 Introduction to the Handbook on Electricity Markets 1 Jean-Michel Glachant, Paul L. Joskow and Michael G. Pollitt PART I TAKING STOCK: THE LEGACY 2 Strengths and weaknesses of traditional arrangements for electricity supply 13 Richard Schmalensee 3 Optimal wholesale pricing and investment in generation: the basics 36 Paul L. Joskow and Thomas-Olivier L.autier 4 Wholesale electricity market design 73 Frank A. Wolak 5 The evolution of competitive retail electricity markets 111 Stephen Littlechild 6 Strengths and weaknesses of the British market model 156 David Newbery 7 Strengths and weaknesses of the PJM market model 182 William W. Hogan 8 ERCOT: success (so far) and lessons learned 205 Ross Baldick, Shmuel S. Oren, Eric S. Schubert and Kenneth Anderson 9 Lessons from Australia’s National Electricity Market 1998–2018: strengths and weaknesses of the reform experience 242 Paul Simshauser 10 Strengths and weaknesses of the Nordic market model 287 Chlo. Le Coq and Sebastian Schwenen 11 The evolution of the European model for electricity markets 308 Fabien Roques PART II ADAPTING TO NEW TECHNOLOGIES AND NEW POLICY PRIORITIES 12 New technologies on the supply side 332 Nils May and Karsten Neuhoff 13 New technologies on the demand side 353 Fereidoon Sioshansi 14 Tools and policies to promote decarbonization of the electricity sector 383 Kathryne Cleary, Carolyn Fischer and Karen Palmer 15 Shifting supply as well as demand: the new economics of electricity with high renewables 408 Richard Green 16 The future design of the electricity market 428 Michael G. Pollitt 17 New business models in the electricity sector 443 Jean-Michel Glachant 18 Electrifying transport: issues and opportunities 463 Bentley C. Clinton, Christopher R. Knittel and Konstantinos Metaxoglou 19 Electrification of residential and commercial heating 506 Mathilde Fajardy and David M. Reiner 20 Harnessing the power of integration to achieve universal electricity access: the case for the Integrated Distribution Framework 540 Ignacio J. P.rez-Arriaga, Divyam Nagpal, Gr.goire Jacquot and Robert Stoner 21 Reforming China’s electricity industry: national aspiration, bureaucratic empires, local interests 568 Xu Yi-chong 22 The evolution of electricity sectors in Africa: ongoing obstacles and emerging opportunities to reach universal targets 595 Vivien Foster, Anton Eberhard and Gabrielle Dyson Index 629

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Book SynopsisFor 5000 years shipping has served the world economy and today it provides a sophisticated transport service to every part of the globe. Yet despite its economic complexity, shipping retains much of the competitive cut and thrust of the perfect market of classical economics. This blend of sophisticated logistics and larger than life entrepreneurs makes it a unique case study of classical economics in a modern setting.The enlarged and substantially rewritten Maritime Economics uses historical and theoretical analysis as the framework for a practical explanation of how shipping works today. Whilst retaining the structure of the second edition, its scope is widened to include: lessons from 5000 years of commercial shipping history shipping cycles back to 1741, with a year by year commentary updated chapters on markets; shipping costs; accounts; ship finance and a new chapter on the return on capital new chapters on the geography of sea trade; tTrade Review'This is a splendid book, well illustrated, with plenty of technical explanation as to the hardware employed by this fascinating industry. It deserves to be at the elbow of all those who pretend to any knowledge of the amazing maritime world we cheerfully inhabit.' - Michael Grey, Lloyd's List Maritime Economics is an exceptionally well-written overview of the international shipping industry. - CHOICE Table of ContentsPart 1: Introduction to Shipping 1. Sea Transport in the Global Economy 2. The Economic Organization of the Shipping Market Part 2: Shipping Market Economics 3. Shipping Market Cycles 4. Supply, Demand and Freight Rates 5. The Four Shipping Markets Part 3: Shipping Company Economics 6. Costs, Revenue and Cashflow 7. Financing Ships and Shipping Companies 8. Risk, Return and Shipping Company Economics Part 4: Seaborne Trade and Transport Systems 9. The Geography of Maritime Trade 10. The Principles of Maritime Trade 11. Transport of Bulk Cargo 12. Transport of Specialised Cargoes 13. Transport of General Cargo Part 5: The Merchant Fleet and Transport Supply 14. The Ships that Supply the Transport 15. The Economics of Merchant Shipbuilding and Scrapping 16. The Regulation of the Maritime Industry Part 6: Forecasting and Planning 17. Maritime Forecasting and Market Research

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Book SynopsisArtificial intelligence threatens to disrupt the professions as it has manufacturing. Frank Pasquale argues that law and policy can avert this outcome and promote better ones: instead of replacing humans, technology can make our labor more valuable. Through regulation, we can ensure that AI promotes inclusive prosperity.Trade ReviewThought-provoking…Explores how we can best try to ensure that robots work for us, rather than against us, and proposes a new set of laws to provide a conceptual framework for our thinking on the subject. * Financial Times *Pasquale calls for a society-wide reengineering of policy, politics, economics, and labor relations to set technology on a more regulated and egalitarian path…Makes a good case for injecting more bureaucracy into our techno-dreams, if we really want to make the world a better place. * Wired *Pasquale has explored the myriad ways that technological advances affect how we work, what media we consume, how law is made and enforced, and much more. He brings a refreshingly philosophical, even spiritual, perspective to these discussions, while concretely addressing the problems that arise when robots advance into hospitals, schools, and militaries. -- Lawrence Joseph * Commonweal *We are careening toward a future where machines rule and people are diminished and excluded. In this jewel of a book, Frank Pasquale demonstrates beyond doubt that a machine future is neither inevitable nor desirable, but he does not stop there. Instead, he judiciously constructs the urgently needed alternative, outlining the principles and practices—for technology, public policy, and law—that set us on a new trajectory toward a humane digital future. Citizens and lawmakers, read this book as if our future depends upon it. This is the rare case when it actually does. -- Shoshana Zuboff, author of The Age of Surveillance CapitalismFrank Pasquale is one of the leading voices on the uneven and often unfair consequences of AI in our society. In this insightful new work, he explains how we can protect workers and foster a world free from harmful and discriminatory technologies. Every policymaker should read this book and seek his counsel. -- Safiya Noble, author of Algorithms of OppressionA powerful call to action for all contingents within society to work together as a moral obligation to write our own narrative in the AI revolution and essential reading for all who have a vested interest in the rise of AI. -- Daryl Li * AI & Society *In a way, Pasquale’s impassioned pleas…on behalf of the endangered human world make him a mythic hero. He’s on a quest, fighting lazy thinking and influential tech behemoths…I was inspired by the innovative, richly supported, and poetic descriptions in New Laws of Robotics. Far from being the product of a natural language processing algorithm, this book could have been written only by a creative, passionate, persistent person. Frank Pasquale has done much to raise awareness of how important it is to value expertise, appreciate human abilities, avoid technological arms races, and take responsibility for the technologies humans create. -- Ben Shneiderman * Issues in Science and Technology *In Frank Pasquale’s bold and humane vision of robotics and artificial intelligence, technology transforms our lives for the better. It works with people and for people, instead of imitating or displacing them. It promotes social cooperation rather than ruthless competition. It improves the professions instead of unraveling them. Drawing on examples from health, finance, education, policing, and social media, Pasquale shows how realizing his new laws of robotics will require us to reimagine our economy, our uses of knowledge, and our ways of life. -- Jack M. Balkin, Director, The Information Society Project at Yale Law SchoolFrank Pasquale is not only one of the most prescient legal scholars in the world today, he’s one of the most humane. In this much-needed new book, he lays out a simple and wise framework for governing the coming world of AI and robotics—one that will put technology in service to humanity, rather than the other way around. -- Rana Foroohar, author of Don’t Be EvilCompelling, insightful, and balanced, New Laws of Robotics reveals the difficult choices we face in a time of increased automation. Underscoring the complex incentives and power imbalances in robotics and AI, Frank Pasquale makes a powerful and urgent case for a more democratic and equitable approach to regulating this space. -- Kate Crawford, cofounder of the AI Now Institute at New York UniversityFrank Pasquale provides a much-needed antidote to the ‘disrupt first, ask questions later’ approach that plagues the tech industry. His message is urgently important: automation can benefit society, but only if we plan ahead and apply human, social intelligence to designing the artificial kind. This is a compelling must-read for anyone interested in the future of automation, and should be compulsory for anyone involved in developing, implementing, or regulating that technology. -- Mark Andrejevic, author of Automated MediaPasquale’s New Laws of Robotics presents a hopeful vision of the AI future, predicated on cooperative relations and inclusive prosperity. Engaging, evocative, and filled with new insights, Pasquale’s book is a must read for policymakers. -- Marc Rotenberg, Director, Center for AI and Digital Policy

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Book SynopsisThe emergence of platforms is a novel phenomenon impacting most industries, from products to services. Industry platforms such as Microsoft Windows or Google, embedded within industrial ecosystems, have redesigned our industrial landscapes, upset the balance of power between firms, fostered innovation and raised new questions on competition and innovation. Annabelle Gawer presents cutting-edge contributions from 24 top international scholars from 19 universities across Europe, the USA and Asia, from the disciplines of strategy, economics, innovation, organization studies and knowledge management. The novel insights assembled in this volume constitute a fundamental step towards an empirically based, nuanced understanding of the nature of platforms and the implications they hold for the evolution of industrial innovation. The book provides an overview of platforms and discusses governance, management, design and knowledge issues.With a multidisciplinary approach, this book will strongly appeal to academics and advanced students in management, innovation, strategy, economics and design. It will also prove an enlightening read for business managers in IT industries.Trade Review'In her pioneering book Platform Leadership (with Michael Cusumano), Gawer gave us the strategy of building coalitions of customers, suppliers, and complementors. Now, she brings together a number of the leading researchers in the area of platform strategy to give us a book that will be a key reference for both practitioners and academics.' -- Adam Brandenburger, New York University, US'Annabelle Gawer's collected volume of research shows that a vibrant community of scholars has arisen around platforms and innovation. Each of the chapters is first rate, with top researchers offering some of their latest work. This will be an indispensable book for students of innovation and technology management everywhere.' -- Henry Chesbrough, University of California, Berkeley, US'Annabelle Gawer's Platforms, Markets and Innovation is the first serious exploration of the critical but subtle role that platforms play in business, society and our personal lives. As digital technologies penetrate every nook and cranny of the world around us, we rely on platforms to both help us use the new technologies, as well as to organize new markets of innovation that add applications on top of the platforms and make them far more valuable. Dr Gawer's excellent book is designed to help us understand the mysterious nature of platforms. It brings together the insights of twenty-four experts around the world who contributed to the fourteen chapters of the book. Dr Gawer's book is invaluable to anyone trying to understand the nuanced nature of platforms, and their implications for the evolution of innovation in the 21st century.' -- Irving Wladawsky-Berger, IBM Academy of Technology, USTable of ContentsContents: 1. Platforms, Markets and Innovation: An Introduction Annabelle Gawer PART I: PLATFORMS: OVERVIEW 2. The Architecture of Platforms: A Unified View Carliss Y. Baldwin and C. Jason Woodard 3. Platform Dynamics and Strategies: From Products to Services Annabelle Gawer 4. The Role of Services in Platform Markets Fernando F. Suarez and Michael A. Cusumano 5. How Catalysts Ignite: The Economics of Platform-Based Start-Ups David S. Evans PART II: PLATFORMS: OPEN, CLOSED AND GOVERNANCE ISSUES 6. Opening Platforms: How, When and Why? Thomas R. Eisenmann, Geoffrey Parker and Marshall Van Alstyne 7. Platform Rules: Multi-Sided Platforms as Regulators Kevin J. Boudreau and Andrei Hagiu 8. Protecting or Diffusing a Technology Platform: Tradeoffs in Appropriability, Network Externalities, and Architectural Control Melissa A. Schilling 9. Open Platform Development and the Commercial Internet Shane Greenstein PART III: PLATFORMS: MANAGEMENT, DESIGN AND KNOWLEDGE ISSUES 10. Outsourcing of Tasks and Outsourcing of Assets: Evidence from Automotive Supplier Parks in Brazil Mari Sako 11. Platforms for the Design of Platforms: Collaborating in the Unknown Pascal Le Masson, Benoit Weil and Armand Hatchuel 12. Design Rules for Platform Leaders Stefano Brusoni and Andrea Prencipe 13. Detecting Errors Early: Management of Problem Solving in Product Platform Projects Ramsin Yakob and Fredrik Tell 14. The Effect of Technological Platforms on the International Division of Labor: A Case Study of Intel’s Platform Business in the PC Industry Hirofumi Tatsumoto, Koichi Ogawa and Takahiro Fujimoto Index

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Book SynopsisIndustrial consolidation, digital platforms, and changing political views have spurred debate about the interplay between public and private power in the United States and have created a bipartisan appetite for potential antitrust reform that would mark the most profound shift in US competition policy in the past half-century. While neo-Brandeisians call for a reawakening of antitrust in the form of a return to structuralism and a concomitant rejection of economic analysis founded on competitive effects, proponents of the status quo look on this state of affairs with alarm. Scrutinizing the latest evidence, Alan J. Devlin finds a middle ground. US antitrust laws warrant revision, he argues, but with far more nuance than current debates suggest. He offers a new vision of antitrust reform, achieved by refining our enforcement policies and jettisoning an unwarranted obsession with minimizing errors of economic analysis.Trade Review'Reforming Antitrust is a delightfully detailed narrative of the policy topic du jour, drawing on first-hand experience and empirical evidence to bring to life the often academically wonkish field of Competition Law. Reflecting on the aspects of antitrust policy that have worked well over the past thirty years and explaining how an error cost framework could help antitrust policy work better, this book is a must-read for public policy makers and academics.' Elizabeth M. Bailey, NERA'Well-written and engaging even to the lay reader, this new volume is a must-read for anyone interested in antitrust reform. Devlin charts a careful middle course between our current weakened system of antitrust enforcement and the calls for radical reform coming from many quarters today. This is a book with the potential to make the world a better place.' Mark A. Lemley, Stanford Law SchoolTable of ContentsIntroduction; Part I. Antitrust Today: 1. Competition Law's role; 2. Antitrust – Fact, fiction, and the unknown; 3. The missing link – concentration and market power; Part II. The Case for Change: 4. Warning signs in the economy – has competition declined?; 5. A liberal call to arms, but is deconcentration the answer?; 6. Testing the neo-brandeisian vision; Part III. Antitrust Reform: 7. Taking a finger off the scale – revisiting decision theory; 8. Rethinking the consumer-welfare standard; 9. The antitrust evolution; Conclusion. Key recommendations.

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Book SynopsisFirst published in 1985, this study is a comparative examination of industrialisation and industrial policy from the early 1960s to the early 1980s in the five original member countries of the Association of South-East Asian Nations (ASEAN): namely Indonesia, Malaysia, the Philippines, Singapore and Thailand.The work provides an integrated overview of industrial policies and performance in the five countries and forms essential reading for both those with a specialist interest in the ASEAN countries and their economic performance, and for students of industrialisation in developing countries the world over.Table of Contents1. Introduction 2. The Export Drive: An Overview 3. Protection and Market Penetration 4. Government Regulation and Industrialisation 5. Industrialisation and Structural Change 6. Manufactured Exports: Performance and Shifts in Comparative Advantage 7. Conclusion and Future Prospects

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Book SynopsisThe disruptive impacts of technological innovation on established industrial structures has been one of the distinguishing features of modern capitalism. In this book, four leading figures in the field of Schumpeterian and evolutionary economic theory draw on decades of research to offer a new, ''history-friendly'' perspective on the process of creative destruction. This ''history-friendly'' methodology models the complex dynamics of innovation, competition and industrial evolution in a way that combines analytical rigour with an acknowledgement of the chaotic nature of history. The book presents a comprehensive analysis of the determinants and patterns of industrial evolution, and investigates its complex dynamics within three key industries: computers, semiconductors, and pharmaceuticals. It will be of great value to scholars and students of innovation and industrial change, from backgrounds as varied as history, economics and management. Its coverage of new methodological tools is aTrade Review'This book offers welcome advancements to the understanding of industrial dynamics as innovation-driven evolutionary processes. Over the last forty years or so, major progress has been made both in the identification of relatively general 'stylized facts' of industrial evolution and in their account by means of evolutionary models. Much less has been done toward bringing formal theories to the specificities of particular industry histories. This is what this work does, using phenomenologically very detailed models as a sort of coherent thought experiment on the causal mechanisms, yielding the specific features of the histories of the computer, semiconductors and pharmaceutical industries. To be read by history-inclined scholars generally skeptical about any formalization. And to be read by modelers often weary of qualitative histories.' Giovanni Dosi, Scuola Superiore Sant'Anna, Pisa'Four of the world's leading evolutionary economists have combined to build this new and exciting bridge between economic theory and history. Every scholar who is interested in innovation, research and development, competition, and industrial organization will want to cross this bridge. Many will find here important challenges for their future work in economic and business history as well as economics.' Louis Galambos, Johns Hopkins University'The co-authors of this volume are pioneers in the development of 'history-friendly models' of the evolution of knowledge-intensive industries. This book extends and elaborates that work, enriching our understanding of the development of the computer, semiconductor, and pharmaceuticals industries. The volume is a major contribution to economics, strategy, and policy.' David C. Mowery, William A. and Betty H. Hasler Professor of New Enterprise, Emeritus, University of California, BerkeleyTable of Contents1. Innovation and industrial evolution; 2. History-friendly models: methods and fundamentals; 3. The US computer industry and the dynamics of concentration; 4. Vertical integration and dis-integration in the computer industry; 5. The pharmaceutical industry and the role of demand; 6. Reprise and conclusions.

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Book SynopsisMethods and perspectives to model and measure productivity and efficiency have made a number of important advances in the last decade. Using the standard and innovative formulations of the theory and practice of efficiency and productivity measurement, Robin C. Sickles and Valentin Zelenyuk provide a comprehensive approach to productivity and efficiency analysis, covering its theoretical underpinnings and its empirical implementation, paying particular attention to the implications of neoclassical economic theory. A distinct feature of the book is that it presents a wide array of theoretical and empirical methods utilized by researchers and practitioners who study productivity issues. An accompanying website includes methods, programming codes that can be used with widely available software like MATLAB and R, and test data for many of the productivity and efficiency estimators discussed in the book. It will be valuable to upper-level undergraduates, graduate students, and professionalsTrade Review'Sickles and Zelenyuk have written the most comprehensive book on production theory and the measurement of productivity in the history of these subjects. Researchers, students and teachers who are interested in production theory and the measurement of productivity will treasure this book.' W. Erwin Diewert, University of British Columbia and University of New South Wales'Productivity and efficiency measurement has been a growth area for fifty years. Sickles and Zelenyuk bring together all the theory and practice, including the rich history, the full range of methods, and all the schools of thought. This is an amazingly comprehensive survey of the field.' William Greene, New York University'Robin Sickles and Valentin Zelenyuk have written an outstanding book on a very important topic – the measurement of productivity and efficiency. The book provides a complete and thorough introduction to the economic theory of production and its many applications to national accounting and econometric modeling. An especially valuable feature of the book is the detailed treatment of productivity and growth in the world economy.' Dale Jorgenson, Samuel W. Morris University Professor, Harvard University'Rarely does a book comprehensively survey and creatively extend both the theoretical underpinnings and the practical implementation of a field of research. This is such a book, and it belongs on the desk of all scholars interested in producer performance measurement.' C. A. Knox Lovell, University of Queensland'Sickles and Zelenyuk, outstanding researchers from two generations, impart their knowledge and wisdom into this monumental book on theory and practice of efficiency and productivity measurement. This is an invaluable resource for graduate students, researchers and practitioners alike. Strongly recommended.' D. S. Prasada Rao, University of Queensland'This book is a comprehensive treatment of the economic and statistical issues involved in the estimation of the efficiency of production. It covers both stochastic frontier models and envelopment-type methods such as DEA and FDH. It is the best and most comprehensive currently available treatment of this topic.' Peter Schmidt, Michigan State University'This book is an important contribution to both economic theory of productivity and efficiency and its measurement. It is a seminal work that highlights the significance of 'theory with measurement' and 'measurement with theory'.' H. Pyo, Seoul National University'Robin Sickles and Valentin Zelenyuk have brought together a large set of research results both in the theoretical analysis and in the empirical aspects of productivity and efficiency. This results in a comprehensive textbook with deep insights on the theory of production and large discussions on the econometrics implementations. The book will, for sure, be a useful resource for researchers in the field.' Léopold Simar, Université Catholique de Louvain'The book thoroughly covers theory (index numbers, axiomatic production theory, DEA, FDH, stochastic models, inference) and practice of measurement of efficiency and productivity, including issues and sources of data with links, as well as links to software and models. A rigorous and truly indispensable guide - and all this and more in a mere 630 pages.' Rolf Fare and Shawna Grosskopf, Oregon State UniversityTable of ContentsPreface; Introduction; 1. Production theory: primal approach; 2. Production theory: dual approach; 3. Efficiency measurement; 4. Productivity indexes: part 1; 5. Aggregation; 6. Functional forms; 7. Productivity indexes: part 2; 8. Envelopment-type estimators; 9. Statistical analysis for DEA and FDH: Part 1; 10. Statistical analysis for DEA and FDH: part 2; 11. Cross-sectional stochastic frontiers; 12. SF models-first generation panel approaches; 13. SF models-second generation approaches; 14. Endogeneity; 15. Dynamic models; 16. Shape restrictions and model averaging; 17. Measurement, KLEMS, and other data; Afterword.

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Book SynopsisWritten by internationally acclaimed authors, this book provides the first multi-lens view of lean production from academic and consultant perspectives. It explores interdisciplinary theories of lean production in a wide range of contexts from hospitals to software in seven different countries on four continents.Trade Review'This comprehensive Handbook provides a valuable interdisciplinary, international and interindustry overview of diverse approaches to lean production that will be of great interest to a wide range of scholars and practitioners alike.' Arne L. Kalleberg, University of North Carolina at Chapel Hill'Lean production systems are now as likely to be found in hospitals, banks, law offices and schools as in auto factories. This book maps the lean revolution worldwide, and provides an indispensable resource for scholars and practitioners interested in the future of work and organizations under contemporary capitalism.' Steven Vallas, Northeastern UniversityTable of Contents1. Lean Production as the Dominant Division of Labor: Theories, Industries and National Contexts Thomas Janoski and Darina Lepadatu; Part I. Theories Of Lean Production: 2. Lean Production from the View of Management Theory: Functional, Critical and Paradox Approaches Katsuki Aoki; 3. Lean Production-Perspectives from its Primary Caretaker: Industrial Engineering Richard Schonberger; 4. The Industrial Relations Perspective on Lean Systems and Unions John Paul MacDuffie; 5. Contested Views of Lean Production from the Social Sciences Perspective Thomas Janoski, Darina Lepadatu and Andrea Signorelli; 6. The Labor Process Theory Critique of Lean Production Chris Smith and Matt Vidal; Part II. Lean Production Across Industries: 7. Challenges to Lean Implementation from a True Lean Perspective (TPS) Michael Abbot McGinnis, William R. Cooper and David M. Parsley; 8. Varieties of Lean Production in the Auto Industry Tommaso Pardi; 9. The Innovation Process and Impact of New Technologies on Lean Production James Morgan and Durward Sobek II; 10. Lean Production in the Telecommunications Industry Roy Andersson; 11. Evidence-Based Services and Lean in Hospitals and Service Industries John Toussaint; 12. The Adoption of Lean Thinking by Legal Services Providers Kenneth Grady; 13. The Implementation of Lean Production in Government Pär Åhlström and Niklas Modig; 14. Mass Merchandizing and Lean Production at Walmart, Costco and Amazon Thomas Janoski and Darina Lepadatu; 15. Lean Management Systems and the Use of Financial Information Jean Cunningham; 16. Lean Production and Quality Control in Software and Programming Mary Poppendieck; Part III. Lean Production Around The World: 17. Lean in Europe and the US – A New Dominant Division of Labor? Timo Anttila, Tomi Oinas and Armi Mustosmäki; 18. The Implementation of Lean Production in Korea Byoung-Hoon Lee; 19. Transferring Lean to North America James P. Womack and Daniel T. Jones; 20. Lean Production in the United Kingdom Daniel T. Jones; 21. Strong Alternative Models and Lean Production in Germany Michael Krzywdzinski; 22. Tricolore: Traditionalists, Taylorists and Toyotism and the Historical Perspective of Lean in France Michael Ballé, Godefroy Beauvallet and Florian Magnani; 23. The Partial Implementation of Lean Production in China Lu Zhang; 24. Lean or Fordist Processes in India and Australia Reynold James; 25. The Four Stages of Lean in Mexico Jorge Carrillo and Redi Gomis; 26. Lean Production in former Communist Russia Elena Shulzhenko.

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Book SynopsisA comprehensive and accessible textbook that connects the latest research on economic regulation with an examination of how regulation is applied in eight essential service industries. Discussion questions explore current debates, and online materials include over 60 applied exercises based on real-life regulatory problems.Trade Review'This is a fantastic textbook on modern economic regulation that beautifully integrates theory and practice like no other book on the market right now, plus it provides a great coverage of the structure and evolution of institutions in a number of key regulated industries.' Christos Genakos, Cambridge Judge Business School, University of Cambridge'Chris Decker's new book/edition is an invaluable up-to-date analysis and review of the regulation of network industries. It contains a sophisticated treatment of more general or theoretical issues concerning regulation, including the key issue of institutional form, now supplemented by a new chapter on behavioural economics and regulation. The coverage in individual chapters is now expanded beyond the trio of energy, telecoms and water, to include payment systems, aviation and rail, and digital platforms - a huge focus of current regulatory interest. All chapters draw illustrations from the experience of several different countries. Readers can determine how much detail they want to go into, from a more basic understanding to a more granular and up-to-date account of recent developments and directions of change. There is also a very extensive bibliography.' Martin Cave, London School of Economics'Modern Economic Regulation was already the best and most comprehensive economics of regulation text on the market, and now, with the addition of chapters on the regulation of payment systems, digital platforms, railways and aviation, as well as the interaction of behavioural economics and regulation, it is even better! Assign it to your master's and advanced undergraduate students, as I do to mine.' Russell Pittman, Visiting Professor, Kyiv School of Economics and Director of Economic Research, Antitrust Division, US Department of JusticeTable of ContentsList of figures; List of tables; List of boxes; Preface to the second edition; Acknowledgements; List of selected acronyms and abbreviations; 1. Introduction; Part I. 2. The perennial question: why regulate?; 3. Is economic regulation inevitable?; Part II. 4. Principles of regulation for core network activities; 5. Forms of price regulation; 6. Regulation in the presence of competition; 7. Behavioural economics and regulation; Part III. 8. The institutions of regulation; 9. Electricity regulation; 10. Gas regulation; 11. Telecommunications regulation; 12. Payment systems regulation; 13. Digital platforms regulation; 14. Rail regulation; 15. Aviation regulation; 16. Water and wastewater regulation; 17. Conclusions; Cases and legislation; Bibliography; Index.

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Book SynopsisGame theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm. Despite these advances, industrial economists have tended to rely on a restricted set of tools from game theory, focusing on static and repeated games to analyse firm structure and behaviour. Luca Lambertini, a leading expert on the application of differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly, advertising, R&D races) can be better understood and analysed through the use of differential games. After illustrating the basic elements of the theory, Lambertini guides the reader through the main models, spanning from optimal control problems describing the behaviour of a monopolist through to oligopoly games in which firms'' strategies include prices, quantities and investments. This approach will be of great value to students and researchers in economics and those interested in advanced applicaTable of Contents1. Elements of optimal control, dynamic programming and differential game theory; 2. Monopoly; 3. Oligopoly; 4. Advertising; 5. Product differentiation; 6. Innovation; 7. The environment and natural resources; 8. International trade; 9. Stackelberg games; Index.

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Book SynopsisInpatriates have become an important means of knowledge transfer within multinational companies. As such, the authors of Expatriates: Perspectives and Challenges of the 21st Century attempt to extract information regarding the knowledge transfer processes and inpatriates'' behavioral patterns. To provide a rich understanding of these processes from the inpatriates'' perspective, critical incidents reported by 22 inpatriates are content-analyzed. The expansion of expatriates has been associated with multinational corporations'' offshore production strategies. As livable built environments can attract and retain these expatriate workers in the host city, this compilation investigates how foreign direct investment flows are associated with human capital flows in a case study of Koreans in Suzhou, China. The concluding chapter discusses how, despite corporate globalization and the evolution of technology over the last 2 decades, we have observed a continuous increase in the number of employees deployed on international assignment. In fact, according to Finaccord, expatriate growth has been at a compound annual rate of 5.8% since 2013 and by 2021 the number forecast is 87.5 million. Since scholastic study abroad programs are now included in the curriculum of most post-secondary schools it is no surprise that 8.5% of expatriates are in this sector.

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Book SynopsisCreating Authentic Customer Connections in a High-Tech World. In The Relationship Economy, author John DiJulius teaches business leaders about the importance of relationship building in the digital age. He argues that in spite of (and because of) the advances in tech, we've become a less connected society. We have dramatically evolved away from face-to-face communication, and the skill of building rapport is evaporating. This means that customer personalization and relationships are more important now than ever-they will be the key to success for businesses moving forward. As he aptly states, "Being able to build true sustainable relationships is the biggest competitive advantage in a world where automation, artificial intelligence, and machine learning are eliminating millions of jobs and disrupting entire industries, business, and careers." This book reminds readers of the importance of personal connections and shows them how to attain meaningful, lasting relationships with their customers.

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Book SynopsisThe book explains strategic issues, trends, challenges, and future scenario of global economy in the light of Fourth Industrial Revolution. It consists of insightful scientific essays authored by scholars and practitioners from business, technology, and economics area. The book contributes to business education by means of research, critical and theoretical reviews of issues in Fourth Industrial Revolution.Table of ContentsChapter 1 Big Data and Organizational Ambidexterity: A Strategic Perspective.- Chapter 2 Performance and Growth of artificial intelligence in service sector.- Chapter 3 Healthcare Governance in the 4th Industrial Revolution: Reviewing the Role of Patient Centeredness and Empowerment in the UAE.- Chapter 4 Cost-Benefit Analysis and Environmental Impact Assessment of 3D Printing Applications in Building Construction in Oman.- Chapter 5 The prospects and risks of Industry 4.0: Issues and Implications.- Chapter 6 Driving Factors of Adopting 4th Industrial Revolution Technologies in The Logistics Industry: An Empirical Study from Oman.- Chapter 7 Re-inventing Human Resource Management through Artificial Intelligence.- Chapter 8 Understanding the Emerging Role and Importance of Robo-advisory: A Case Study Approach.- Chapter 9 Industrial Revolution 4.0: Transformation of Job market.- Chapter 10 Industry 4.0: The Human Resource Perspective.- Chapter 11 Big Data Analytics and Accounting Education: A Systematic Literature Review.- Chapter 12 Industry 4.0: The Future of Manufacturing Foundational Technologies, Adoption Challenges and Future Research Directions.- Chapter 13 Talent Development Challenges and Opportunities in the 4th Industrial Revolution: A Boundary less Career Theory Perspectives.- Chapter 14 Social Media and Modern Business World: Present Practices and Future Challenges.- Chapter 15 Diffusion and adoption of E-wallets in Oman for sustainable growth.

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Book SynopsisAs sales of fair-trade goods explode across the globe, Fair Trade and the Citizen-Consumer provides a timely analysis of the organizations, institutions and grassroots networks behind this growing movement.Trade Review'Katy Wheeler offers a thorough and judicious evaluation of the Fairtrade movement and, thereby, a significant contribution to understanding the political potential of ethical consumption.' - Alan Warde, Professor Sociology, University of Manchester, UK "A thouroughly engaging read ... this book is an accessible and thought-provoking offering that works to engage critically with fair trade rather than merely celebrate it. [The book] offers a critical and timely intervention, drawing attention to the lived realities of fair-trade consumption, and provides a useful platform to inform and stimulate further debate and research." - Cultural SociologyTable of ContentsIntroduction: The Rise of the Fair-Trade Citizen-Consumer Constructing the Citizen-Consumer The International Fair-Trade Consumer Movement Promoting Fair-Trade The Practice of Fair-Trade Support The Normalisation and Exclusivity of Fair-Trade Consumption The Politics of Fair-Trade Consumption Conclusion: The Ideology of the Citizen-Consumer Appendix: The National Omnibus Survey Questions (Module 236) Bibliography

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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a huge range and FREE tracked UK delivery on ALL orders.

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