Managerial Economics and Business Strategy has been revised to include updated examples and problems, but it retains all of the basic content that made previous editions a success. By teaching managers the practical utility of basic economic tools such as present value analysis, supply and demand, regression, indifference curves, isoquants, production, costs, and the basic models of perfect competition, monopoly, and monopolistic competition. This 10th edition retails the emphasis on real-world examples and modern topics along with unique coverage found nowhere else: oligopoly, penetration pricing, multistage and repeated games, foreclosure, contracting, vertical and horizontal integration, networks, bargaining, predatory pricing, principal agent problems, raising rival's costs, adverse selection, auctions, screening and signaling, search, limit pricing, and a host of other pricing strategies for firms enjoying market power. This balanced coverage of traditional and modern microeconomic tools makes it appropriate for a wide variety of managerial economics classrooms.

How does information affect economic relations? What of the strategic issues surrounding the use of information: the make-buy-or-copy decision; the working and failure of markets; and the important role of outguessing each other in a macroeconomic context? Now, to help advanced students and researchers make sense of these and other dizzying questions, Routledge announces a new title in its acclaimed Critical Concepts in Economics series. Edited by David E. M. Sappington, a leading scholar in the field, Information Economics is a 'mini library' that brings together in four volumes the foundational and the very best cutting-edge research. With a comprehensive introduction, newly written by the editor, which places the collected material in its historical and intellectual context, Information Economics is an essential collection and is destined to be valued as a vital one-stop resource.