Folland, Goodman, and Stano’s bestselling The Economics of Health and Health Care text offers the market-leading overview of all aspects of Health Economics, teachingthrough core economic themes, rather than concepts unique to the health careeconomy.

The Eighth Edition of this key textbook has been revised and updated throughout, and reflects changes since the implementation of the Affordable Care Act (ACA). In addition to its revised treatment of health insurance, the text also introduces the key literature on social capital as it applies to individual and public health, as well as looking at public health initiatives relating to population health and economic equity, and comparing numerous policies across Western countries, China, and the developing world. It provides up-to-date discussions on current issues, as well as a comprehensive bibliography with over 1,100 references. Extra material and teaching resources are now also available through the brand new companion website, which provides full sets of discussion questions, exercises, presentation slides, and a test bank.

This book demonstrates the multiplicity of ways in which economists analyze the health care system, and is suitable for courses in Health Economics, Health Policy/Systems, or Public Health, taken by health services students or practitioners.

Table of Contents

Chapter 1 Introduction

Chapter 2 Microeconomic Tools for Health Economics

Chapter 3 Statistical Tools for Health Economics

Chapter 4 Economic Efficiency and Cost-Benefit Analysis

Chapter 5 Production of Health

Chapter 6 The Production, Cost, and Technology of Health Care

Chapter 7 Demand for Health Capital

Chapter 8 Demand and Supply of Health Insurance

Chapter 9 Consumer Choice and Demand

Chapter 10 Asymmetric Information and Agency

Chapter 11 The Organization of Health Insurance Markets

Chapter 12 Managed Care

Chapter 13 Nonprofit Firms

Chapter 14 Hospitals and Long-Term Care

Chapter 15 The Physician's Practice

Chapter 16 Health Care Labor Markets and Professional Training

Chapter 17 The Pharmaceutical Industry

Chapter 18 Equity, Efficiency, and Need

Chapter 19 Government Intervention in Health Care Markets

Chapter 20 Social Insurance

Chapter 21 Comparative Health Care Systems

Chapter 22 Health System Reform

Chapter 23 The Health Economics of Bads

Chapter 24 The Economics of Social Capital and Health

This book examines cost-of-capital models and their application in the context of managerial finance. This includes the use of hurdle rates in capital allocation decisions, as well as target returns in performance management. Besides a review of classical finance models such as the Capital Asset Pricing Model (CAPM), other contemporary models and techniques to determine the cost-of-capital of business units and private companies are discussed. Based on a mixed methods approach, current cost-of-capital practices and their determinants are empirically analyzed among German companies.

This book is an updated and revised edition of Fundamentals of Legal Argumentation published in 1999. It discusses new developments that have taken place in the past 15 years in research of legal argumentation, legal justification and legal interpretation, as well as the implications of these new developments for the theory of legal argumentation. Almost every chapter has been revised and updated, and the chapters include discussions of recent studies, major additions on topical issues, new perspectives, and new developments in several theoretical areas. Examples of these additions are discussions of recent developments in such areas as Habermas' theory, MacCormick's theory, Alexy's theory, Artificial Intelligence and law, and the pragma-dialectical theory of legal argumentation. Furthermore it provides an extensive and systematic overview of approaches and studies of legal argumentation in the context of legal justification in various legal systems and countries that have been important for the development of research of legal argumentation. The book contains a discussion of influential theories that conceive the law and legal justification as argumentative activity. From different disciplinary and theoretical angles it addresses such topics as the institutional characteristics of the law and the relation between general standards for moral discussions and legal standards such as the Rule of Law. It discusses patterns of legal justification in the context of different types of problems in the application of the law and it describes rules for rational legal discussions. The combination of the sound basis of the first edition and the discussions of new developments make this new edition an up-to-date and comprehensive survey of the various theoretical influences which have informed the study of legal argumentation. It discusses salient backgrounds to this field as well as major approaches and trends in the contemporary research. It surveys the relevant theoretical factors both from various continental law traditions and common law countries.

Since the 2008 financial crisis, existing methods of executive leadership have experienced in-depth scrutiny beyond their control. In reference to Patrick Lencioni, to understand teams is to comprehend an "inattention to results, an avoidance of accountability, and a lack of commitment." Executive leaders have been operating through silent, lucrative and confidential team dynamics that are difficult to access, and subsequently difficult to challenge and understand. Dr Katsarou-Makin explores the team-to-trust and trust-to-team relations between executives and their associates - pertaining to the familial relations between these members and their unconventional codes of conduct. Under this umbrella of governance, directors, leaders and corporate gatekeepers operate in teams that are selected and trusted through unorthodox relations which must now come to light. Upon entry, Maria seeks to explore how these teams operate through a collective consensus of trust, the values this trust demands, the actions it produces and the failures it can cause.

Economics and the Business Environment is directed at students who will be taking up managerial positions in trade and industry or in government. The economic environment of European companies is central to the book giving students a good impression of recent developments within the European economy. The theories described enable students to: calculate how much competition firms within a particular business sector are exposed to analyze the current economic position of a particular country and make exchange rate prognoses gauge the effect of the economic environment on business sales and profits. Complicated analyses and mathematical models have been avoided as much as possible. Instead, diagrams and graphs illustrate the causal relationships between economic factors, making this book an ideal primer for those needing the basics of economics for their business degree.

Now in its third edition, Cost-Benefit Analysis has been updated, offering readers the perfect introduction to project, programme and policy appraisal using basic tools of financial and economic analysis. The key economic questions of any social cost-benefit analysis are: do the benefits of the project or policy exceed the costs, no matter how widely costs and benefits are spread, and irrespective of whether or not project impacts, such as environmental effects, are reflected in market prices? And which group or groups of individuals receive the benefits and which bear the costs? This book addresses these questions with an emphasis on putting the theory presented in the book into practice. This third edition has several attractive features: Readers are encouraged to develop their own skills by applying the tools and techniques of cost-benefit analysis to case studies and examples, including an analysis of a project which is developed throughout the book. The book emphasizes the use of spreadsheets which are invaluable in providing a framework for the cost-benefit analysis. A dedicated chapter provides guidance for writing up a report which summarises the analysis which has been undertaken. New pedagogical features, including Technical Notes and Examples, have been added as an aid to readers throughout the text. An appendix provides 14 additional case studies which can be developed in class or as assignment projects. Additional material for instructors and students is provided through Support Material maintained by Routledge. This updated edition is an ideal text for a course on cost-benefit analysis where the emphasis is on practical application of principles and equipping students to conduct appraisals. It is also a useful handbook for professionals looking for a logical framework in which to undertake their cost-benefit analysis work.

This book offers a unique guide to the three-dimensional (3D) printing of metals. It covers various aspects of additive, subtractive, and joining processes used to form three-dimensional parts with applications ranging from prototyping to production. Examining a variety of manufacturing technologies and their ability to produce both prototypes and functional production-quality parts, the individual chapters address metal components and discuss some of the important research challenges associated with the use of these technologies. As well as exploring the latest technologies currently under development, the book features unique sections on electron beam melting technology, material lifting, and the importance this science has in the engineering context. Presenting unique real-life case studies from industry, this book is also the first to offer the perspective of engineers who work in the field of aerospace and transportation systems, and who design components and manufacturing networks. Written by the leading experts in this field at universities and in industry, it provides a comprehensive textbook for students and an invaluable guide for practitioners

A comprehensive picture of the effects of economic integration on industry location in less developed East Asia - particularly in Cambodia, Laos, Vietnam, and Myanmar - who pursued trade liberalization and economic integration after the 1990s. Studies include detailed empirical analyses of regional industry locations as well as country overviews.

Structural change in basic industries is usually interpreted as an autonomous economic process. Some authors claim that there is a tendency to use the "end of the era of materials", thus resulting in a decline of the basic industries. Such a process would obviously benefit the environment. Classic economic theories, which deal with structural change in a rather holistic way, correspond to this trend, predicting either a shift towards manufacturing and services or a relocation of old basic industries to developing countries. On the basis of this dematerialization hypothesis, comparative case studies analyze in detail the driving forces behind industrial restructuring with regard to different industries and countries in Europe, where such a decline has been observed in recent years.

"Matching the rigour of the analysis with an extraordinary pedagogical capacity, the authors unveil all the arcana of the 'openness' capitalism model and digital labour. Essential for scholars and students across the social and economic sciences." (Carlo Vercellone, Universite de Paris 8, France) "This vital book is an objective and detailed assessment of the private capture of common value, concluding with an in-depth survey of what commons-friendly public authorities could do to defend the new 'common-wealth'." (Michel Bauwens, Founder of the P2P Foundation, The Netherlands) "An outstanding analysis of how digital capital uses openness as principle of capital accumulation and exploitation. A must-read for everyone who wants to understand what the internet and digital media are all about." (Christian Fuchs, University of Westminster, UK) This book tackles the concept of openness (as in open source software, open access and free culture), from a critical political economy perspective to consider its encroachment by capitalist corporations, but also how it advances radical alternatives to cognitive capitalism. Drawing on four case studies, Corporate Capitalism's Use of Openness will add to discussion on open source software, open access content platforms, open access publishing, and open university courses. These otherwise disparate cases share two fundamental features: informational capitalist corporations base their successful business models on unpaid productive activities, play, attention, knowledge and labour, and do so crucially by resorting to ideological uses of concepts such as "openness", "communities" and "sharing". The authors present potential solutions and alternative regulations to counter these exploitative and alienating business models, and to foster digital knowledge commons, ranging from co-ops and commons-based peer production to state agencies' platforms. Their research and findings will appeal to students, academics and activists around the world in fields such as sociology, economy, media and communication, library and information science, political sciences and technology studies.

In the late 1990s the idea of cross-sector collaborations was relatively new in Europe. The term 'partnership' was employed primarily to refer to partnerships between government and businesses, usually termed PPP (Public Private Partnerships). On the other hand 'strategic alliances' was the term employed for business-to-business partnerships. Until then 'sponsorship' was the most practised associational form between nonprofit organisations (NPOs) and businesses (BUSs), which was included within the broad area of corporate community involvement. The relations between NPOs and BUSs witnessed a gradual intensification over the last 200 years (Gray 1989; Young 1999; Austin 2000; Googins and Rochlin 2000) resulting in increased interactions within both the philanthropic and trans- tional types of relationships (Seitanidi and Ryan 2007). However, the more recent gradual prominence of the concept of corporate social responsibility (CSR) within all sectors of society elicited an intensification of the debate with regard to the responsibilities of each sector in addressing environmental and social issues. In effect, CSR contributed to the increase of the interactions across the sectors and propelled NPO-BUS Partnerships (a type of social partnership) as a key mechanism for corporations to delve into a process of engaging with NPOs in order to improve their business practices by contributing their resources to address social issues (Heap 1998; Mohiddin 1998; Fowler 2000; Googins and Rochlin 2000; Mancuso Brehm 2001; Drew 2003; Hemphill and Vonortas 2003).

Technological innovation is fundamental to firm performance and economic prosperity. The aim of this book is to contribute to an in-depth understanding of collective innovation processes by analyzing publicly funded R&D cooperation and innovation networks in the German laser industry. Standing in a neo-Schumpeterian tradition, it employs interdisciplinary analytical concepts and draws upon a unique longitudinal dataset from the laser industry that covers more than two decades of observations. In brief, the book makes a valuable contribution by exploring how and why firm-specific R&D cooperation activities and network positions, large-scale network patterns, and evolutionary network change processes affect the innovative performance of laser source manufacturers in Germany.

Covering the principles and techniques you need to successfully manage an engineering or technical project from start to finish, Project Management, Planning and Control is an established and widely recommended project management handbook. Building on its clear and detailed coverage of planning, scheduling and control, this eighth edition includes new case studies from industries including petrochemical and construction, as well as updates throughout to account for changes and best practice in governance and adjudication. It also now includes expanded coverage of AI, Big Data and sustainability. Ideal for those studying for Project Management Professional (PMP) qualifications, Project Management, Planning and Control is aligned with the latest Project Management Body of Knowledge (PMBOK) for both the Project Management Institute (PMI) and the Association of Project Management (APM) and includes questions and answers to help you test your understanding.

This book covers the main topics that students need to learn in a course on Industrial Organization. It reviews the classic models and important empirical evidence related to the field. However, it will differ from prior textbooks in two ways. First, this book incorporates contributions from behavioral economics and neuroeconomics, providing the reader with a richer understanding of consumer preferences and the motivation for many of the business practices we see today. The book discusses how firms exploit consumers who are prone to making mistakes and who suffer from cognitive dissonance, attention lapses, and bounded rationality, for example and will help explain why firms invest in persuasive advertising, offer 30-day free trials, offer money-back guarantees, and engage in other observed phenomena that cannot be explained by the traditional approaches to industrial organization.

A second difference is that this book achieves a balance between textbooks that emphasize formal modeling and those that emphasize the history of the field, empirical evidence, case studies, and policy analysis. This text puts more emphasis on the micro-foundations (i.e., consumer and producer theory), classic game theoretic models, and recent contributions from behavioral economics that are pertinent to industrial organization. Each topic will begin with a discussion of relevant theory and models and will also include a discussion of concrete examples, empirical evidence, and evidence from case studies. This will provide students with a deeper understanding of firm and consumer behavior, of the factors that influence market structure and economic performance, and of policy issues involving imperfectly competitive markets. The book is intended to be a textbook for graduate students, MBAs and upper-level undergraduates and will use examples, graphical analysis, algebra, and simple calculus to explain important ideas and theories in industrial organization.

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This work examines the role of comptetence, organization and strategies of firms in industrial dynamics linking eceonomic, management and historical persectives. In the first part of the book, a series of economic and managerial contributions discuss the concepts, dimensions and effects of routines, competence, adaptation, learning, organizational structure and strategies in the evolution of industrial enterprises at the theoretical and empirical levels. In the second part of the book, a series of historical papers examine these issues in a long-term perspective for the United States, Japan and several European countries.

Main headings: Introduction. - A psychological view on industrial transformation and behaviour. - Sociological perspectives for industrial transformation. - Industrial transformation and international law. - contributions to transformation research from political science. - Ecological economics and industrial transformation. - An evolutionary economics perspective on industrial transformation. - A neo-classical economics view on technological transitions. - Multi-level perspective on system innovation: relevance for industrial transformation. - Managing transitions for sustainable development. - Discussion & conclusions.

Traces the material fortunes of the abbot and convent of Westminster and describes the changing policies which the monks brought to bear on their estates, and the responses of their tenants to those policies.

Emerging business models, value configurations, and information technologies interact over time to create competitive advantage. Modern information technology has to be studied, understood, and applied along the time dimension of months and years, where changes are the rule. Such changes created by interactions between business elements and resources are very well suited for system dynamics modeling. ""Business Dynamics in Information Technology"" presents business-technology alignment processes, interaction processes, and decision processes, helping the reader study information technology from a dynamic, rather than a static, perspective. By introducing two simple tools from system dynamic modeling - causal loops and reference modes - the dynamic perspective will become important to both students and practitioners in the future.

This volume examines the role of Chinese businesses and industries in Asian production networks. By presenting different case studies of the Asian region, the contributors illustrate how China successfully exports the Chinese business model, based on Chinese ethics, social networks and production integration. The contributors also discuss topics such as the implications and ramifications of global product sharing within Asia; the prospects of free trade agreements in Asia; the economic advantages of Chinese family lineage and Guanxi an influential Chinese network; collaboration of overseas Chinese with mainland Chinese, as well as direct Chinese business involvement and investment in other Asian countries.

This volume is motivated by key questions and challenges associated with reviving and developing a comparative perspective. One organizing theme of the volume is to present comparative analysis as a means to explain and describe organizational heterogeneity, at varying levels and contexts. While much empirical work looks for the sources of homogeneity within fields, industries, etc., we believe that one advantage of doing comparative analysis is to make assessments of the observed differences between organizations. Thus, we have asked all of the authors to consider how their style of comparative analysis enhances our understanding of organizational heterogeneity. The volume consists of two sections: an introductory essay section and a section where authors focus on specific theoretical, methodological and empirical topics. A couple of papers are original empirical analyses that use a comparative logic or method. We expect that each paper, in addition to providing a theoretical contribution, will offer a meta-discussion that explains how taking a comparative approach enhances our understanding of the phenomenon of interest.

To date, the formulation of a systematic theory of the organization of markets has proved to be a difficult task and remains unfinished. Nevertheless, explanations do exist as to why, under given conditions, the basic activities of trade are organized in one particular fashion rather than another. This invaluable collection of essays brings together important papers by authors working in the tradition of the new institutional economics. The editors have provided an original introduction which presents a comprehensive overview of their selection. The volume is an essential source of reference and an excellent resource for economists, students of public policy, sociologists, political scientists and legal analysts.

This book addresses the issue of intangibles' contribution to growth at macroeconomic and microeconomic levels. It provides a review of a set of new approaches to innovation growth. It also considers the issue of how to invest in intangibles, especially with regard to the market failure issue. The book focusses on three major themes: First it provides a better understanding of how intangibles contribute to economic growth and value creation. In a second part it presents emerging practices as well as examples of market failure, analyzing managerial practices in relationship to market imperfections. Finally the book links the value of intangibles with innovation and the performance of firms."

While China is known for its immense manufacturing base, in recent years the Chinese government has assigned a high priority to science and technology services as its future growth sectors. The Chinese government is supporting this vision with the establishment of research and technology parks, favorable tax incentives, policy reform, grants to help Chinese firms achieve certifications, investments in infrastructure, and promotion of IT outsourcing (ITO) and business process outsourcing (BPO) services. Beyond the aspirations of its leaders, is China ready to compete in the global ITO and BPO markets? How can Western managers successfully engage Chinese ITO/BPO suppliers?
In this book, top scholars and practitioners doing leading research on China's ITO and BPO sector help answer these questions. All told, this book reports on findings from 519 interviews, 305 surveys, 11 detailed case studies, and 34 formal presentations. Authors analyze the strengths and weaknesses of China's ITO and BPO markets, categorize and analyze Chinese suppliers, project future trends in China's ITO and BPO capabilities, and prescribe lessons for Western managers seeking to engage Chinese suppliers. Several chapters contain studies of Chinese suppliers and clients engaged in particular ITO or BPO services, including, procurement, media relations, logistics, and research and development. Overall, the Chinese ITO and BPO markets are changing rapidly as they both respond to and help form the global outsourcing landscape. This book provides an in-depth, contemporary view on where China is heading, how it is going to get there, and how companies and countries can engage with China's emerging outsourcing capabilities.

- Authoritative but highly accessible introduction to the underlying economics of airports, their role, regulation and implications. - Written for all aviation managers, relevant local authorities and regulators, as well as serving as teaching material for air transport Masters programmes. - The book uniquely offers economic analysis and presents facts in the context of economic reasoning with clear policy recommendations.