Managerial Economics & Organizational Architecture

by Brickley, James; Zimmerman, Jerold; Smith, Jr., Clifford W.

• ISBN13: 9780073375823
• ISBN10: 0073375829
• Edition: 5th
• Format: Hardcover
• Copyright: 2008-10-13
• Publisher: McGraw-Hill/Irwin

Summary

"The Fifth Edition of Managerial Economics and Organizational Architecture provides a comprehensive, cross-functional framework for analyzing organizational problems, which enables students to use the basic tools of economics to solve relevant business problems. The clear approach and real-world context give students the resources to be effective in a management setting."--BOOK JACKET.

Table of Contents

Basic Concepts

Introduction

Economists View of Behavior

Markets, Organizations, and the Role of Knowledge

Managerial Economics

Demand

Production and Cost

Market Structure

Pricing with Market Power

Economics of Strategy: Creating and Capturing Value

Economics of Strategy: Game Theory

Incentive Conflicts and Contracts

Designing Organizational Architecture

Organizational Architecture

Decision Rights: The Level of Empowerment

Decision Rights: Bundling Tasks into Jobs and Subunits

Attracting and Retaining Qualified Employees

Incentive Compensation

Individual Performance Evaluation

Divisional Performance Evaluation

Applications of Organizational Architecture

Corporate Governance

Vertical Integration and Outsourcing

Leadership

Understanding the Business Environment: The Economics of Regulation

Ethics and Organizational Architecture

Organizational Architecture and the Process of Management Innovation

Glossary

Index

Table of Contents provided by Publisher. All Rights Reserved.