Economics, Business and Management Textbooks 2015

@CambUP_Econ and @CambUP_MGMT Search for us on Facebook at CambUPEconomics

Economics, Business and Management Textbooks from Cambridge

www.cambridge.org/ecomantextbooks2015

https://twitter.com/cambup_econ

https://twitter.com/cambup_MGMT

https://www.facebook.com/CambUPEconomics

http://www.cambridge.org/ecomantextbooks2015

Karen MaloneyExecutive Publisher, Economics,

Business and Management

[email protected]

Philip GoodCommissioning Editor,

Economics

[email protected]

Paula ParishSenior Commissioning Editor,


[email protected]

Economics, Business and Management Textbooks from Cambridge

Cambridge University Press is a leading textbook publisher, delivering high quality teaching materials and learning solutions that inspire students to achieve.

We publish textbooks for undergraduate and postgraduate students from world-class

authors. Our textbooks provide students and lecturers with authoritative and stimulating

material, relevant to real-word issues in Economics, Business and Management.

Our textbooks are available in print or as eBooks, enabling students to access content in

their preferred format.

Browse our latest textbooks and order your inspection copy online at:


Lecturers, order your Inspection Copy

If you are considering using one of our textbooks as a set text on your course then you can request a free inspection copy. Order your inspection copy in the following ways:

Online Email PhoneVisit www.cambridge.org/ecomantextbooks2015 find your chosen textbook, click the ‘request an inspection copy’ button and complete the online form.Please note that only books marked ‘Request inspection copy’ are available in this way.

Email details of your chosen textbook, along with your affiliation, course name, level and number of students to: Europe: [email protected] America: [email protected]

Call the textbook team on: Europe: +44 (0) 1233 325566 North America: +1-866-257-3385

Ellena MoriartyMarketing Executive, Economics,


[email protected]

Textbook TeamEurope:

[email protected]

North America:

[email protected]

Your contacts at Cambridge University Press:

mailto:[email protected]










Contents

ECONOMETRICS

1 Dynamic Economic Analysis

2 Introduction to Bayesian Econometrics - Second Edition

3 Time Series Models for Business and Economic Forecasting - Second Edition

4 Econometric Modelling with Time Series

MATHS FOR ECONOMICS

4 An Introduction to Mathematics for Economics

MICROECONOMICS

5 A Short Course in Intermediate Microeconomics with Calculus

Game Theory

INDUSTRIAL ORGANIZATION

6 Industrial Organization - Second Edition

7 Modern Economic Regulation

ECONOMIC DEVELOPMENT AND GROWTH

8 Socio-Economic Development - Second Edition

FINANCE

9 Introductory Econometrics for Finance - Third Edition

10 Principles of Financial Economics - Second Edition

11 Finance

INTERNATIONAL ECONOMICS

11 International Economics and Business - Second Edition

COURSEBOOKS

21 Applied Nonparametric Econometrics

Granularity Theory with Applications to Finance and Insurance

Almost All About Unit Roots

A Practitioner’s Guide to Stochastic Frontier Analysis Using Stata

22 Analysis of Panel Data - Third Edition

Repeated Games

The Analytics of Uncertainty and Information - Second Edition

Valuation and Risk Management in Energy Markets

23 Entertainment Industry Economics - Ninth Edition

Behavioural Public Policy

Socialist Planning - Third Edition

The Innovative Entrepreneur

24 Service-Dominant Logic

Human Capital and Global Business Strategy

Short Introduction to Strategic Management

Innovations in Sustainability

INTERNATIONAL BUSINESS

12 The Business Environment of Europe

13 International Business Strategy - Second Edition

Management across Cultures - Second Edition

ORGANIZATION STUDIES

14 Organizational Design - Third Edition

15 Managing Change

GOVERNANCE

16 Principles of Contemporary Corporate Governance - Third Edition

17 Theory and Practice of Corporate Governance

MARKETING

17 Strategic Customer Management

RESPONSIBLE AND ETHICAL BUSINESS

18 Business Ethics

ENTREPRENEURSHIP AND INNOVATION

19 The Entrepreneurial Arch

HUMAN RESOURCE MANAGEMENT

20 International Human Resource Management

ECONOMICS MANAGEMENT SUPPLEMENTARY COURSEBOOKS


1 ECONOMETRICS

Dynamic Economic AnalysisDeterministic Models in Discrete TimeGerhard Sorger, Universität Wien

For advanced students in economics, this textbook provides a clear and concise introduction to

dynamic economic theory and analysis. Sorger guides students step-by-step through the most

popular model structures and solution concepts, from the simplest dynamic economic models to

complex problems of dynamic general equilibrium frameworks.

• Analysis is demonstrated through 75 worked examples that offer step-by-step solutions to the models

• A further 64 exercises allow students to self-assess their understanding, with full worked solutions (password-protected) available online for instructors

• Focuses purely on deterministic models in discrete time and avoids the more complicated stochastic and continuous-time models that students find confusing

This is a beautifully written book, providing a completely self-contained introduction to dynamic economic methods and models for graduate students in economics. The masterly exposition strikes a perfect balance between a user-friendly approach and a completely rigorous presentation of the subject matter.”

Tapan Mitra, Goldwin Smith Professor of Economics, Cornell University

ContentsPreface; Part I. Difference Equations: 1. Basic concepts; 2. Linear difference equations; 3. Autonomous difference equations; 4. One-dimensional maps; Part II. Dynamic Optimization: 5. Optimization techniques; 6. Dynamic inconsistency and commitment; 7. Dynamic games; 8. Dynamic competitive equilibrium; References; Index.

2015, 286pp

9781107443792 | £24.99/ $39.99 PB

9781107083295 | £65.00/ $99.00 HB

ECO

NO

MIC

S




http://www.cambridge.org/9781107443792


2ECONOMETRICS

Introduction to Bayesian EconometricsEdward Greenberg, Washington University, St. Louis

This textbook is an introduction to econometrics from the Bayesian viewpoint. It explains the

basic ideas of subjective probability and shows how subjective probabilities must obey the

usual rules of probability to ensure coherency. This second edition has been updated with new

material, including a chapter on semiparametric regression and new sections on the ordinal

probit, item response, factor analysis, ARCH-GARCH and stochastic volatility models.

• New chapter on semiparametric regression, new sections on ordinal probit, item response, facto analysis, ARCH-GARCH and stochastic volatility models

• New edition emphasizes the R programming language, the most widely used environment for Bayesian statistics

• Clear, concise explanation of how Bayesian approach arises from basic principles of probability theory emphasizing Markov chain Monte Carlo methods

2ND EDITION

Edward Greenberg’s Introduction to Bayesian Econometrics provides clear and concise coverage of Bayesian theory, computational methods, and important applications. Three years of teaching from its first edition convince me that it is a splendid textbook. The second edition is further enhanced by more applications and new guidance on use of free R software.”

John P. Burkett, University of Rhode Island

ContentsPart I. Fundamentals of Bayesian Inference: 1. Introduction; 2. Basic concepts of probability and inference; 3. Posterior distributions and inference; 4. Prior distributions; Part II. Simulation: 5. Classical simulation; 6. Basics of Markov chains; 7. Simulation by MCMC methods; Part III. Applications: 8. Linear regression and extensions; 9. Semiparametric regression; 10. Multivariate responses; 11. Time series; 12. Endogenous covariates and sample selection; A. Probability distributions and matrix theorems; B. Computer programs for MCMC calculations.

2014, 270pp

9781107436770 | £22.99/ $34.99 PB

9781107015319 | £35.00/ $55.00 HB

ECO

NO

MIC

S




3 ECONOMETRICS

Time Series Models for Business and Economic ForecastingPhilip Hans Franses, Erasmus School of EconomicsDick van Dijk, Erasmus School of EconomicsAnne Opschoor, Erasmus School of Economics

With a new author team contributing decades of practical experience, this fully updated

second edition textbook summarises the most critical decisions, techniques and steps in

creating effective forecasting models. Includes all new theoretical and practical exercises

geared at guiding students through the steps of creating forecasting models on their own.

• Thoroughly tested, this textbook has been used in classrooms since 1996, and revised on the basis of student and instructor feedback indicating that the book should be made more practical

• All exercises are previous exam questions from one of Europe’s leading centres for teaching and research in econometrics, the Econometric Institute at Erasmus University, and answers are included

• Lecture slides and downloadable datasets accompany the text

I highly recommend the second edition of this book. The authors have made wise choices of covering the most valuable and practical time-series methods for economic and business forecasting. The text is well written and the exercises and illustrations connect with some of the best statistical software available.”

Dominique M. Hanssens, University of California, Los Angeles

ContentsPreface; 1. Introduction and overview; 2. Key features of economic time series; 3. Useful concepts in univariate time series analysis; 4. Trends; 5. Seasonality; 6. Aberrant observations; 7. Conditional heteroskedasticity; 8. Non-linearity; 9. Multivariate time series; Index.

2014, 311pp

9780521520911 | £30.00/ $48.00 PB

9780521817707 | £75.00/ $120.00 HB

2ND EDITION

ECO

NO

MIC

S






4ECONOMETRICS MATHS FOR ECONOMICS

Econometric Modelling with Time SeriesSpecification, Estimation and Testing

Vance Martin, University of MelbourneStan Hurn, Queensland University of TechnologyDavid Harris, Monash University, Victoria

This book provides a general framework for specifying,

estimating and testing time series econometric models.

Special emphasis is given to estimation by maximum

likelihood, but other methods are also discussed, including

quasi-maximum likelihood estimation, generalised method of

moments estimation, nonparametric estimation and estimation by simulation.

• The principle of maximum likelihood is adopted as the unifying framework for this comprehensive time series text for econometricians, statisticians and applied mathematicians

• Uniquely, it demonstrates econometric methods by means of a suite of programs written in GAUSS and MATLAB, and R

• The text’s computer code enables reproduction of theoretical and empirical results published in recent journal articles

An Introduction to Mathematics for EconomicsAkihito Asano, Sophia University, Tokyo

A concise, accessible introduction to quantitative

methods for economics and finance for students who

are new to the subject. This textbook contains lots of

practical applications to show why maths is necessary

and relevant to economics, as well as worked examples

and exercises to help students learn and revise.

• Introduces mathematical techniques in the context of introductory economics, bridging the gap between the two subjects

• Written in a friendly conversational style, but with precise presentation of mathematics and provides extensive worked examples and exercises to underpin the readers’ knowledge and learning

• Explains applications in detail, enabling students to learn how to put mathematics into practice

2012, 937 pp

9780521139816 | £54.99/ $94.99 PB

9780521196604 | £94.99/ $239.99 HB

2012, 281pp

9780521189460 | £21.99/ $34.99 PB

9781107007604 | £64.99/ $109.99 HB

ECO

NO

MIC

S

From the Themes in Modern Econometrics series





5 MICROECONOMICS

A Short Course in Intermediate Microeconomics with CalculusRoberto Serrano, Brown University, Rhode IslandAllan M. Feldman, Brown University, Rhode Island

This is a textbook for intermediate level courses in

microeconomics that uses calculus throughout. Other textbooks either use no

calculus or relegate the math to footnotes and appendices. The text also focuses on

theory rather than empirical data and references to real events and firms, with no

distracting separate boxes.

• The only concise treatment of the main topics of microeconomic theory on the market, based on decades of teaching in the classroom

• Accessible, orderly approach to the topics, including introductory treatments of decision theory under uncertainty, game theory and introductory treatment of welfare economics

• Offers novel approach to the theory of the firm

Game TheoryMichael Maschler, Hebrew University of JerusalemEilon Solan, Tel-Aviv UniversityShmuel Zamir, Hebrew University of Jerusalem

A comprehensive treatment of game theory.

Mathematically oriented, it examines both noncooperative

and cooperative games, and includes advanced topics as

well as numerous exercises, and examples from economics,

mathematics, computer science and management science. Written both for

students studying the subject and as a reference book for researchers.

• A comprehensive guide to game theory, including advanced material

• The treatment of the material is mathematically rigorous and has clear narrative explanations

• Chapters are independent, allowing instructors to easily incorporate parts of the book in their teaching

2012, 394pp

9781107623767 | £39.99/ $69.99 PB

9781107017344 | £99.99/ $149.99 HB

2013, 1009pp

9781107005488 | £55.00/ $99.00 HB

ECO

NO

MIC

S







6INDUSTRIAL ORGANIZATION

Industrial OrganizationMarkets and StrategiesPaul Belleflamme, Université Catholique de LouvainMartin Peitz, Universität Mannheim

Thoroughly revised according to classroom feedback, this comprehensive textbook provides

an up-to-date account of modern industrial organization that blends theory with numerous

real-world applications. Formal models are presented in detail, and the main results are

summarized in ‘lessons’ which highlight the main insights.

• Numerous real-world cases - drawn largely from industries that students consider most important (such as consumer goods and the digital economy) - are integrated into the main text and demonstrate how theories relate to real situations

• Formal models are carefully developed and presented in detail, and assume no background knowledge

• Within-chapter ‘lessons’ summarize and highlight the main insights of analyses for students

• Familiarizes students with the most important models for understanding the strategies chosen by firms with market power

2ND EDITION

A tour de force and a must-read for students, researchers and practitioners of the field.”

Jean Tirole, Toulouse School of Economics and Institute for Advanced Study, Toulouse and winner of the 2014 Nobel Prize in Economics.

ContentsPreface; Preface from first edition; Part I. Getting Started: 1. What is ‘markets and strategies’?; 2. Firms, consumers and the market; Part II. Market Power: 3. Static imperfect competition; 4. Dynamic aspects of imperfect competition; Part III. Sources of Market Power: 5. Product differentiation; 6. Advertising and related market strategies; 7. Consumer inertia; Part IV. Pricing Strategies and Market Segmentation: 8. Group pricing and personalized pricing; 9. Menu pricing; 10. Intertemporal price discrimination; 11. Bundling; Part V. Product Quality and Information: 12. Asymmetric information, price and advertising signals; 13. Marketing tools for experience goods; Part VI. Theory of Competition Policy: 14. Cartels and tacit collusion; 15. Horizontal mergers; 16. Strategic incumbents and entry; 17. Vertically related markets; Part VII. R&D and Intellectual Property: 18. Innovation and R&D; 19. Intellectual property; Part VIII. Networks, Standards and Systems: 20. Markets with network goods; 21. Strategies for network goods; Part IX. Market Intermediation: 22. Markets with intermediated goods; 23. Information and reputation in intermediated product markets; Appendix A. Game theory; Appendix B. Competition policy; Index.

776pp

9781107687899 | £39.99/ $79.99 PB

9781107069978 | £99.99/ $159.99 HB

ECO

NO

MIC

S





7 INDUSTRIAL ORGANIZATION

Modern Economic RegulationAn Introduction to Theory and PracticeChristopher Decker, University of Oxford

Drawing from the most recent work on economic regulation, this book examines the key

physical and economic characteristics of four public utility industries (electricity, gas, water

and telecommunications), and the impact of these characteristics on regulatory arrangements.

This book is suitable for students and practitioners with little prior knowledge of economic

regulation.

• This is the first comprehensive book on economic regulation in two decades, and the most up-to-date textbook on the subject

• Focuses on the basic rationales and ‘first principles’ of regulation, avoiding highly technical and abstract models and mathematical treatments

• Most academic work on economic regulation is published in diverse and specialized academic journals and monographs - this is an accessible and coherent synthesis of these different strands of information

This is the first comprehensive book on economic regulation in two decades. It beautifully covers all issues … for an extensive economics course on regulation. From beginning to end the book has been delightful reading.”

Ingo Vogelsang, University of Boston

Contents1. Introduction; Part I: 2. The recurring question: why regulate utilities?; 3. Alternatives to traditional regulation; Part II: 4. Principles of regulation for core network activities; 5. Forms of price regulation; 6. Regulation in the presence of competition; Part III: 7. The institutions of regulation; 8. Electricity regulation; 9. Gas regulation; 10. Telecommunications regulation; 11. Water and wastewater regulation; 12. Conclusions; Cases and legislation: Europe, UK, USA, Australia and New Zealand; Bibliography; Index.

2014, 487pp

9781107699069 | £38.00/ $52.00 PB

9781107024236 | £85.00/ $130.00 HB

ECO

NO

MIC

S






8ECONOMIC DEVELOPMENT AND GROWTH

Socio-Economic DevelopmentAdam Szirmai, Universiteit Maastricht

This thoroughly updated textbook provides a non-technical introduction to the dynamics of

socio-economic development and stagnation. Taking a long-term comparative approach and placing

contemporary debates within their broader contexts, Szirmai examines the historical, institutional,

demographic, sociological, political and cultural factors of development. Chapters include comparative

statistics for thirty-one developing countries.

• Introductory figures in each chapter outline the proximate, intermediate and ultimate sources of growth that are discussed in the chapter

• Draws on a wide range of disciplines, including economics, history, sociology, anthropology, demography and political science

• Easily accessible to students with no prior knowledge of the field, and helpful for more advanced students to acquaint themselves with the latest developments in ongoing theoretical and empirical debates on development

2ND EDITION

ContentsPreface; Acknowledgements; List of acronyms and abbreviations; 1. Developing countries and the concept of development; 2. Development of the international economic order, 1450–2015; 3. Growth and stagnation: theories and experiences; 4. Technology and development; 5. Population and development; 6. Health, healthcare and development; 7. Education and development; 8. Economic development, structural change and industrialisation; 9. Industrial development; 10. Agricultural development and rural development; 11. State formation and political aspects of development; 12. Cultural and institutional dimensions of development; 13. The international economic and political order since 1945; 14. Foreign aid and development; References; Author index; Subject index.

2015, 817pp

9781107624498 | £44.99/ $69.99 PB

9781107045958 | £94.99/ $149.99 HB

ECO

NO

MIC

S




9 FINANCE

Introductory Econometrics for FinanceChris Brooks, University of Reading

This best-selling textbook is a complete resource for finance students. The third edition has

been updated with new data, extensive examples and EViews tutorials. Improved student

support includes a new chapter on the basic mathematics underlying econometrics, further

reading and a website with freely available student and instructor resources.

• A complete package for finance students - assumes no background in econometrics

• Includes full web support for students and instructors, with data sets, additional chapter questions (with answers provided), lecture slides, support for popular statistical software packages and links to sources of financial data and articles

• Incorporates data, tutorials and screenshots from the latest version of the statistical software EViews

• Includes worked examples on how to conduct events studies and the Fama-MacBeth method, two of the most common empirical approaches in finance, ensuring that students are well-prepared for econometrics in practice

Very comprehensive, and it does a sound job of covering the territory.”

The Times Higher Education Supplement

ContentsPreface to the third edition; Acknowledgements; 1. Introduction; 2. Mathematical and statistical foundations; 3. A brief overview of the classical linear regression model; 4. Further development and analysis of the classical linear regression model; 5. Classical linear regression model assumptions and diagnostic tests; 6. Univariate time series modelling and forecasting; 7. Multivariate models; 8. Modelling long-run relationships in finance; 9. Modelling volatility and correlation; 10. Switching models; 11. Panel data; 12. Limited dependent variable models; 13. Simulation methods; 14. Conducting empirical research or doing a project or dissertation in finance; Appendix 1. Sources of data used in this book; Appendix 2. Tables of statistical distributions; Glossary; References; Index.

2014, 740pp

9781107661455 | £48.00/ $80.00 PB

9781107034662 | £99.00/ $160.00 HB

3RD EDITION

ECO

NO

MIC

S






10FINANCE

Principles of Financial EconomicsStephen F. LeRoy, University of California, Santa BarbaraJan Werner, University of Minnesota

This new edition provides a rigorous yet accessible graduate-level introduction to financial

economics, retaining its emphasis on the link between financial economics and equilibrium

theory. Updates include more focus on portfolio choice and risk allocations. New chapters

address infinite-time security markets, exploring, among other topics, the possibility of price

bubbles.

• Stresses the link between financial economics and equilibrium theory

• The analysis aims to be comparable in rigor to the best work in microeconomics; at the same time, the authors provide ample discussion and examples that make the ideas readily understandable

With this new edition, LeRoy and Werner have solidified the standing of their Principles of Financial Economics as the ideal introduction to neoclassical asset pricing models. The coverage is authoritative, rigorous, elegant, and now even more comprehensive.”

Darrell Duffie, Dean Witter Distinguished Professor of Finance, Graduate School of Business, Stanford University

ContentsPreface; Part I. Equilibrium and Arbitrage: 1. Equilibrium in security markets; 2. Linear pricing; 3. Arbitrage and positive pricing; Part II. Valuation: 4. Valuation; 5. State prices and risk-neutral probabilities; Part III. Portfolio Restrictions: 6. Portfolio restrictions; 7. Valuation under portfolio restrictions; Part IV. Risk: 8. Expected utility; 9. Risk aversion; 10. Risk; Part V. Optimal Portfolios: 11. Optimal portfolios with one risky security; 12. Comparative statics of optimal portfolios; 13. Optimal portfolios with several risky securities; Part VI. Equilibrium Prices and Allocations: 14. Consumption-based security pricing; 15. Complete markets and Pareto-optimal allocations of risk; 16. Optimality in incomplete markets; Part VII. Mean-Variance Analysis: 17. The expectations and pricing kernels; 18. The mean-variance frontier payoffs; 19. Capital asset pricing model; 20. Factor pricing; Part VIII. Multidate Security Markets: 21. Equilibrium in multidate security markets; 22. Multidate arbitrage and positivity; 23. Dynamically complete markets; 24. Valuation; Part IX. Martingale Property of Security Prices: 25. Event prices, risk-neutral probabilities, and the pricing kernel; 26. Martingale property of gains; 27. Conditional consumption-based security pricing; 28. Conditional beta pricing and the CAPM; Part X. Infinite-Time Security Markets: 29. Equilibrium in infinite-time security markets; 30. Arbitrage, valuation, and price bubbles; 31. Arrow–Debreu equilibrium in infinite time.

2014, 370pp

9781107673021 | £27.99/ $49.99 PB

9781107024120 | £65.00/ $110.00 HB

2ND EDITION

ECO

NO

MIC

S




11 FINANCE INTERNATIONAL ECONOMICS

FinanceA Quantitative IntroductionNico van der Wijst, Norwegian University of Science and Technology, Trondheim

By providing a solid theoretical basis in finance this textbook

introduces modern finance to readers, with emphasis on

investments in real assets and the real options attached to

them, including students in science and technology, who

have a good foundation in quantitative skills.

• Introduces modern finance to students who have a good foundation in quantitative skills, and is an ideal introduction for science and technology students

• Provides a solid theoretical basis in finance with emphasis on investments in real assets and the real options attached to them, so that students study subjects they will meet in practice

• Combines the classical, decision-oriented approach and the traditional organization of corporate finance books with a quantitative approach, which makes finance more transparent and accessible than the more commonly used definition-theorem-proof approach

International Economics and BusinessNations and Firms in the Global EconomySjoerd Beugelsdijk, Rijksuniversiteit GroningenSteven Brakman, Rijksuniversiteit GroningenHarry Garretsen, Rijksuniversiteit GroningenCharles van Marrewijk, Universiteit Utrecht

With a new title (following the successful first edition of Nations and Firms in the Global Economy), this second edition undergraduate textbook combines the dual perspectives of international economics and international business, exploring key principles of the world economy and the theory and practice of globalization through

an integrated lens.

• The only textbook to integrate key insights of international business and international economics in an introduction to the world economy and theories of globalization

• Ideal for undergraduate students of business or economics, as well as those in other social science disciplines

• A variety of learning features, including figures, tables, boxes and case studies, illustrate theories and demonstrate the relationship between real world phenomena and key theories

2013, 445pp

9781107029224 | £39.99/ $69.99 HB

2013, 498pp

9781107654167 | £35.00/ $60.00 PB

9781107036727 | £75.00/ $130.00 HB

ECO

NO

MIC

S







12INTERNATIONAL BUSINESS

The Business Environment of EuropeFirms, Governments, and InstitutionsTerrence R. Guay, Pennsylvania State University

Written for advanced undergraduate and postgraduate students studying international

business, European studies and political economy, this is the first textbook to provide a

complete overview of Europe’s business environment, uncovering both the historical, political

and cultural contexts of European business and the diverse nature of Europe’s economy and

government policies.

• The author has more than fifteen years of teaching experience in international business, EU and political economy courses at both the undergraduate and postgraduate level

• This up-to-date textbook addresses the needs of these varied levels and disciplines, discussing national context beyond the EU and using short case examples

• Whereas other textbooks on Europe’s business environment focus on specific nations or perspectives, this is the only textbook to provide a full, comprehensive overview of Europe’s business environment

• Bridges the gap between European business and European history, politics, culture and institutions, guiding students to a complete understanding of the rich business environment of Europe

This book fills a huge gap for students trying to get a handle on international business… No other book comes close to Guay’s success at delivering what students need to know about business environments in Europe today.”

Craig Parsons, University of Oregon

ContentsAcknowledgements; Preface; Part I. Understanding the Context of Europe’s Business Environment: 1. Introduction; Part II. The European Union: 2. Origins, development, and institutional framework; 3. Political economy of European integration; Part III. Models of Capitalism and National Business-Government Relations: 4. Market capitalism; 5. Managed capitalism; 6. State capitalism; 7. Eastern Europe; Part IV. Government Policies and Globalization: 8. Promoting business; 9. Regulating business; 10. Globalization and global actors; Part V. Opportunities and Challenges: 11. Industries;12. The road ahead; Glossary; Index.

2014, 363pp

9780521694162 | £29.99/ $49.99 PB

9780521872478 | £60.00/ $95.00 HB

MA

NA

GEM

ENT





13 INTERNATIONAL BUSINESS

International Business StrategyAlain Verbeke, University of Calgary

This is the first textbook on international business strategy

that combines analytical rigour and true managerial insight

on the functioning of large multinational enterprises (MNEs).

With unique commentary on 48 seminal articles, the book

shows how these can be applied to businesses engaged in

international expansion, especially in high-distance markets.

• Offers a new perspective into international business strategy that combines analytical rigour and managerial insight on the functioning of large multinational enterprises and provides greater coverage of emerging markets

• Students are supported by improved learning features including ‘management takeaways’, key lessons that can be applied to MNEs, and 30 case studies which illustrate key points

• Online resources available, including weblinks, detailed lecture slides for each chapter, figures from the book, answers to case study questions and additional MCQs

Management across CulturesDeveloping Global CompetenciesRichard M. Steers, University of OregonLuciara Nardon, Carleton University, OttawaCarlos J. Sanchez-Runde, IESE Business School, Barcelona

This popular textbook explores the latest approaches to

cross-cultural management, as well as strategies and tactics

for managing international assignments and global teams. With a clear emphasis on

learning and development, it encourages students to acquire skills in multicultural

competence that will be highly valued by their future employers.

• Updated after extensive market feedback to include new features (applications, student questions, chapter summaries), a new chapter and revised examples

• Designed to engage with the student by being easy to read and supported by lots of contemporary examples and explanatory figures to illustrate key points

• New interactive edition adds a range of learning tools to this textbook, including a pop-up glossary of key terms, multiple choice questions and a range of additional questioning types

2013, 616pp

9781107683099 | £39.99/ $99.99 PB

9781107027893 | £89.99/ $164.99 HB

2013, 460pp

9781107645912 | £34.99/ $59.99 PB

9781107030121 | £69.99/ $109.99 HB

Enhanced eBook also now available: visit http://store.vitalsource.co.uk/show/9781107504165

MA

NA

GEM

ENT






http://store.vitalsource.co.uk/show/9781107504165


14ORGANIZATION STUDIES

Organizational DesignA Step-by-Step ApproachRichard M. Burton, Duke University, North CarolinaBørge Obel, Aarhus UniversityDorthe Døjbak Håkonsson, Aarhus University

Written specifically for executives and MBA students, the third edition of this successful

textbook provides a step-by-step guide to designing an organization, from diagnosis, to design

and implementation. It includes a new chapter on project management, additional case studies

and a rich package of online tools.

• Focuses on actions, not just theory, with a range of pedagogical aids, including diagnostic questions, ‘fits and misfits’ and end-of-chapter summaries, helping readers understand and determine the changes needed in an organization

• New edition features a number of important improvements, including a greater emphasis on practical project management skills, greater discussion of knowledge systems and a rich package of online tools

• Specifically written for managers, the book follows their natural way of thinking by applying ‘misfit’ analysis: providing examples of non-optimal situations and walking readers through the steps to fix them

This book is a treasure chest of knowledge on how to design organizations to achieve strategic goals. It is among the best researched and most useful business books ever written, and it is authored by three of the foremost scholars in the field of organization design. In one word: superb”

Felipe Csaszar, INSEAD

ContentsList of figures; List of tables; Preface to first edition; Preface to second edition; Preface to third edition; An outline of the step-by-step approach; Step 1. Getting Started: 1. Assessing scope and goals of the organization; Step 2. Assessing the Strategy: 2. Strategy; 3. Environment; Step 3. Analyzing the Structure: 4. The configuration of the firm; 5. New organizational forms; Step 4. Assessing Processes and People: 6. Task design; 7. People; 8. Leadership and organizational climate; Step 5. Analyzing Coordination, Control and Incentives: 9. Coordination, control, and information and knowledge systems; 10. Incentives; Step 6. Designing the Architecture: 11. Designing the architecture and the sequence of change; Step 7. Implementing the Architecture: 12. Implementing the change: who should do what when?; References; Index.

2015, 320pp

9781107483613 | £29.99/ $54.99 PB

9781107097650 | $69.99/ $110.00 HB

3RD EDITION

Review of previous edition:

MA

NA

GEM

ENT





15 ORGANIZATION STUDIES

Managing ChangeEnquiry and ActionNic Beech, University of St AndrewsRobert MacIntosh, Heriot-Watt University, Edinburgh

The ability to manage change successfully is an essential part of business. Managing Change

is written for advanced undergraduates and graduate students taking modules on change

management, strategy and organizations. The book combines theory and diagnostic tools with

practical examples that focus on actions and outcomes. It also includes short vignettes and

longer cases, from a range of international contexts, for classroom study or for use on distance

learning courses.

• Helps readers to understand the three key activities for managing change: diagnosing, explaining and enacting

• Practice and action-oriented approach with short vignettes and longer case studies

• Written by experienced textbook authors with many years’ experience of teaching and researching change management

This is a fresh and exciting look at the theory and practice of managing organizational change. Beech and MacIntosh’s enquiry and action approach provides a framework that incorporates both well established and newer thinking and practices used in change management and organization development”

Robert J. Marshak, American University, Washington DC

ContentsPart I. Foundations: 1. Approaches to practising change management; 2. Current perspectives and classic ideas; Part II. Diagnosing: 3. Clarity and ambiguity; 4. Engagement and vitality; 5. Stakeholder positioning and dynamics; 6. Culture, habits and unlearning; Part III. Enacting Change: 7. Changing structure; 8. Identity and change; 9. Choosing customers and competitors; 10. Changing processes; 11. Aligning people and activities; 12. Learning and developing; 13. Change through dialogue; Part IV. Explaining: 14. Developing and interpreting evidence and reflexive learning; 15. Accounting for change; 16. Conclusions; Part V. Extended Cases: Case 1 – ABB; Case 2 - ITS Canada; Case 3 - Island Opera; Case 4 – Oticon; Case 5 – Admiral Insurance; Case 6 – Power Provision; Case 7 – Nokia; Case 8 – Her Majesty’s Revenue and Customs; Case 9 – Apple; Index.

2013, 290pp

9780521184854 | £29.99/ $49.99 PB

9781107006058 | £74.99/ $114.99 HB

MA

NA

GEM

ENT






16

MA

NA

GEM

ENT

GOVERNANCE

Principles of Contemporary Corporate GovernanceJean Jacques Du Plessis, Deakin University, VictoriaAnil Hargovan, University of New South Wales, SydneyMirko Bagaric, Deakin University, VictoriaJason Harris, University of Technology, Sydney

This text is an indispensable resource for academic researchers, students of business and law, and

practitioners wanting a deeper understanding of the underlying principles of corporate governance.

This updated edition includes a new chapter on shareholder activism, coverage of developments in

corporate governance and comparative sections written by specialist contributors.

• New edition includes a chapter on shareholder activism and covers new developments in corporate governance

• Includes comparative sections written by specialist contributors

• The principles of corporate governance systems and their real-world application are explained in an authoritative and engaging manner

ContentsPart I. Basic Concepts, Board Structures and Company Officers: 1. The concept ‘corporate governance’ and ‘essential’ principles of corporate governance; 2. Stakeholders in corporate governance and corporate social responsibility; 3. Board functions and structures; 4. Types of company directors and officers; Part II. Corporate Governance in Australia: 5. Regulation of corporate governance; 6. The role of the regulators: ASIC and ASX; 7. Accounting governance; 8. Auditors and audits; 9. Directors’ duties and liability; 10. Enforcement of directors’ duties; Part III. Corporate Governance in International and Global Contexts: 11. Corporate governance in the USA, the UK, Canada and South Africa; 12. Corporate governance in the EU, the OECD Principles of Corporate Governance, and corporate governance in Germany, Japan, China and Indonesia; 13. Shareholder activism; Part IV. Business Ethics and Future Direction: 14. The ethical obligations of corporations.

2014, 628pp

9781107432420 | £60.00/ $110.00 PB

3RD EDITION




17 GOVERNANCE MARKETING

Theory and Practice of Corporate GovernanceAn Integrated ApproachStephen Bloomfield Anglia Ruskin University, Cambridge

Based on extensive practical and academic experience

this textbook explains how the real world of corporate

governance works. It examines the historical development

of corporate governance and uses worldwide examples

to compare theoretical explanations with practical outcomes, providing a

comprehensive review of how companies and markets are run.

• Offers new conceptual models for investigating corporate governance and corporate behaviour, based on definitions extended beyond the current descriptions

• Explains and relates theory to contemporary practice

• A wide range of real-life examples from around the world is used to illustrate key points and show aspects of corporate governance in action

Strategic Customer ManagementIntegrating Relationship Marketing and CRMAdrian Payne, University of New South Wales, SydneyPennie Frow, University of Sydney

The first textbook to integrate relationship marketing

and CRM, for a clear roadmap to excellent customer

management. Its up-to-date coverage includes technological issues, digital

marketing and social media. Current examples and case studies from around the

world connect theory with global practice.

• The first textbook to integrate relationship marketing and CRM, providing a clear roadmap to achieving excellence in customer management

• Up-to-date coverage of digital marketing and the use of social media

• A wealth of topical examples and twenty case studies from around the world connect theory with global practice

2013, 440pp

9781107612242 | £34.99/ $64.99 PB

9781107012240 | £84.99/ $129.99 HB

2013, 542pp

9781107649224 | £34.99/ $64.99 PB

9781107014961 | $84.99/ $129.99 HB

MA

NA

GEM

ENT







18

MA

NA

GEM

ENT

RESPONSIBLE AND ETHICAL BUSINESS

Business EthicsA Contemporary ApproachGael McDonald, Royal Melbourne Institute of TechnologyInternational University, Vietnam

Business Ethics introduces students to ethical issues and decision-making in a variety of

contemporary contexts. The book addresses corporate social responsibility, stakeholder

management and sustainability. It develops an awareness of the many ways in which ethical

considerations can manifest in commercial domains, thereby helping prepare students for their

professional careers.

• A highly practical approach that engages student interest and demonstrates the central relevance of ethical issues in the corporate world

• Reflects the broad scope of business ethics today, covering social media and the enforcement of codes of behaviour, corporate social responsibility, stakeholder management and sustainability

• Student resources include review questions, case studies and answer guides

• Instructors will have access to an extensive set of additional resources including tutorial exercises, case studies and assessment test banks

ContentsPart I. Business Ethics Overview: 1. Introduction to business ethics; 2. Ethical terminology; Part II. Business Ethical Issues: 3. Ethical issues in information technology; 4. Ethical issues in human resource management; 5. Ethical issues in marketing; 6. Ethical issues in accounting and finance; 7. Ethical issues in financial entities; 8. Ethical issues in entrepreneurship and small business; 9. Ethical issues in international business; Part III. Business Ethical Theory and Analysis: 10. Ethical theory; 11. Ethical decision-making; Part IV. Personal Ethical Decision-Making: 12. Ethics in organisations.

2014, 400pp

9781107674059 | £44.99/ $85.00 PB




19 ENTREPRENEURSHIP AND INNOVATION

The Entrepreneurial ArchA Strategic Framework for Discovering, Developing and Renewing FirmsTimothy L. Faley, University of the Virgin Islands

As the number of universities offering entrepreneurial programs continues to increase, there is a growing need for a suitable framework for the teaching of entrepreneurship beyond the operational side of the business and the preparation of a business plan. This book offers a fresh approach to entrepreneurship by teaching readers how to discover and create a new firm, or grow an existing one, starting from a firm’s or team’s capabilities. Illustrated with various real-world examples, this structured and concise book will appeal

to students, as well as to practitioners looking to develop their entrepreneurial skills.

• Concise book offering a fresh approach to entrepreneurship based on a tried-and-tested model, the entrepreneurial arch

• Presents a holistic view of entrepreneurship by dividing the business development process into six distinct segments, starting from a firm or team’s capabilities: each segment is self-contained enough to be readily learnable, but presented as part of an integrated picture that connects the methodologies of business discovery, assessment, execution, and renewal

• Introduces four elements of successful business - motive, owner, act, and monetize - showing how these can be perceived from a strategic level all the way to a specific operational level

ContentsPreface; Acknowledgments; 1. Introduction to the entrepreneurial arch; 2. Opportunity identification; 3. Business design; 4. Business assessment; 5. Operationalize the business; 6. Resourcing the business; 7. Strategies for managing growth; 8. Summary; Appendices; References; Index.

2014, 310pp

9781107424821 | £21.99/ $34.99 PB

9781107074279 | £60.00/ $90.00 HB

The Entrepreneurial Arch offers a complete view of the entrepreneurial process by providing six distinct stages from pre-startup through the growth stage. Every aspiring or current entrepreneur should read this very practical and insightful book. The use of real world examples makes the book practical and interesting to read. I recommend this book to everyone thinking about starting and growing a company.”

Len Middleton, University of Michigan

MA

NA

GEM

ENT






20

MA

NA

GEM

ENT

HUMAN RESOURCE MANAGEMENT

International Human Resource ManagementMustafa Özbilgin, Brunel UniversityDimitria Groutsis, University of SydneyWilliam Harvey, University of Exeter

International Human Resource Management offers a contemporary and multi-layered introduction to

international and comparative human resource management for university study. It critically analyses

the core issues and emerging trends in the field, with a consistent emphasis on real-world scenarios

and concerns.

• With contributors drawn from universities across four continents, this book presents a genuinely international perspective on IHRM

• All terms are defined and a glossary of key terms is provided in each chapter

• The book concludes with three extended case studies, each based on a specific region, to help students consolidate their understanding

ContentsIntroduction: a multilevel approach to international human resource management; 1. Global trends in international human resource management; 2. Cross-cultural management and managing cultural diversity; 3. Key players in international human resource management; 4. Recruitment and selection in the international context; 5. Cross-cultural training and development for overseas assignments; 6. International reward; 7. Employee retention; 8. International labour relations (ILR); 9. Reputation in the context of IHRM; 10. Expatriation and repatriation: case study in the Asia-Pacific; 11. Balancing inflows and outflows: case study in Europe; 12. Understanding self-initiation and lessons for international HR managers: case study insights from North America and Africa; 13. Conclusion

2014, 304pp

9781107669543 | £45.00/ $79.95 PB




21 SUPPLEMENTARY COURSEBOOKS - ALSO AVAILABLE FOR INSPECTION

Applied Nonparametric EconometricsDaniel J. Henderson, University of Alabama

Christopher F. Parmeter, University of Miami

Bridging the gap between applied economists and theoretical nonparametric econometricians, this book explains basic to advanced nonparametric methods with applications.

2015, 378pp

9780521279680 | £30.00/ $49.99 PB

9781107010253 | £75.00/ $125.00 HB

Granularity Theory with Applications to Finance and InsurancePatrick Gagliardini, Universita della Svizzera Italiana

Christian Gouriéroux, University of Toronto

This book provides the first comprehensive overview of the granularity theory and its usefulness for risk analysis, statistical estimation, and derivative pricing.


2014, 202pp

9781107662889 | £21.99/ $34.99 PB

9781107070837 | £55.00/ $90.00 HB

Almost All About Unit RootsFoundations, Developments and Applications

In Choi, Sogang University, Seoul

Extensive, up to date, and readily accessible, this book is a comprehensive reference source on unit roots for students and applied workers.


2015, 220pp

9781107482500 | £24.99/ $39.99 PB

9781107097339 | £60.00/ $95.00 HB

A Practitioner’s Guide to Stochastic Frontier Analysis Using StataSubal C. Kumbhakar, Binghamton University, State University of New York

Hung-Jen Wang, National Taiwan University

Alan Horncastle, Oxera Consulting, Oxford

This book provides readers with a step-by-step guide on how to conduct efficiency analysis using the stochastic frontier approach.

2015, 476pp

9781107609464 | £34.99/ $49.99 PB

9781107029514 | £80.00/ $125.00 HB

CO

UR

SEB

OO

KS









22SUPPLEMENTARY COURSEBOOKS - ALSO AVAILABLE FOR INSPECTION

CO

UR

SEB

OO

KS

SUPPLEMENTARY COURSEBOOKS - ALSO AVAILABLE FOR INSPECTION

Analysis of Panel DataThird Edition

Cheng Hsiao, University of Southern California

This book provides a comprehensive, coherent, and intuitive review of panel data methodologies that are useful for empirical analysis.

From the Econometric Society Monographs series

2014, 562pp

9781107657632 | £32.99/ $49.99 PB

9781107038691 | £75.00/ $125.00 HB

Repeated GamesThe late Jean-François Mertens

Sylvain Sorin, Université de Paris VI (Pierre et Marie Curie)

Shmuel Zamir, Hebrew University of Jerusalem and University of Exeter

This landmark work significantly advances the literature on game theory with a masterful conceptual presentation of the CORE working papers published in 1994.

From the Econometric Society Monographs series

2015, 591pp

9781107662636 | £39.99/ $59.99 PB

9781107030206 | £75.00/ $125.00 HB

Valuation and Risk Management in Energy MarketsGlen Swindle, Scoville Risk Partners

Surveys the mechanics of energy markets and the valuation of structures commonly arising in practice.

2014, 494pp

9781107036840 | £75.00/ $110.00 HB

The Analytics of Uncertainty and InformationSecond Edition

Sushil Bikhchandani, University of California, Los Angeles

The late Jack Hirshleifer

John G. Riley, University of California, Los Angeles

This second edition, with a greater focus on game theory, attempts to unify recent developments in economic theories of uncertainty and information for students.

From the Cambridge Surveys of Economic Literature series

2013, 508pp

9780521541961 | £35.00/ $60.00 PB

9780521834087 | £95.00/ $150.00 HB







23 SUPPLEMENTARY COURSEBOOKS - ALSO AVAILABLE FOR INSPECTION

Entertainment Industry EconomicsA Guide for Financial Analysis

Ninth Edition

Harold L. Vogel

Fully updated, this ninth edition remains the definitive source on the economics of entertainment in the United States and overseas.

2014, 680pp

9781107075290 | £45.00/ $70.00 HB

Behavioural Public PolicyAdam Oliver, London School of Economics and Political Science

In this accessible collection, leading academic economists, psychologists and philosophers apply behavioural economic findings to practical policy concerns.

2013, 249pp

9781107617377 | £22.99/ $34.99 PB

9781107042636 | £60.00/ $95.00 HB

The Innovative EntrepreneurDaniel F. Spulber, Northwestern University, Illinois

This book presents an economic framework that addresses the motivation of the innovative entrepreneur.

2014, 380pp

9781107668119 | £35.00/ $50.00 PB

9781107047259 | £75.00/ $120.00 HB

Socialist PlanningThird Edition

Michael Ellman, Universiteit van Amsterdam

An overview of socialist planning that explains the underlying theory and its limitations, also placing developments in their historical perspective.

2014, 464pp

9781107427327 | £24.99/ $39.99 PB

9781107074736 | £65.00/ $99.00 HB

CO

UR

SEB

OO

KS









24

CO

UR

SEB

OO

KS

SUPPLEMENTARY COURSEBOOKS - ALSO AVAILABLE FOR INSPECTION

Service-Dominant LogicPremises, Perspectives, Possibilities

Robert F. Lusch, University of Arizona

Stephen L. Vargo, University of Hawaii, Manoa

The first accessible introduction to the principles and applications of Service-Dominant Logic, written by the world-leading authors of this perspective.

2014, 252pp

9780521124324 | £19.99/ $32.00 PB

9780521195676 | £55.00/ $85.00 HB

Human Capital and Global Business StrategyHoward Thomas, Richard R. Smith, Fermin Diez, Singapore Management University

Provides new insights into how to improve business performance through a unique, strategic approach to human capital. A companion website now includes a full set of multiple choice questions and answers to accompany the book.

2013, 270pp

9781107613287 | £23.99/ $38.00 PB

9781107033153 | £60.00/ $95.00 HB

Innovations in SustainabilityFuel and Food

Alfred A. Marcus University of Minnesota

This insightful book employs high-profile company cases to focus on two major challenges for sustainable innovation: fuel and food.

2015, 275pp

9781107421110 | c. £23.99/ £65.00 PB

9781107072794 | c. £38.00/ $105.00 HB

Short Introduction to Strategic ManagementTorben Juul Andersen Copenhagen Business School

Provides a concise yet rigorous introduction to strategic management and its contemporary challenges, with multiple examples, case studies and references.

2013, 284pp

9781107671355 | £17.99/ $27.99 PB

9781107031364 | £45.00/ $80.00 HB






Sign up for our free, regular email service to receive the latest news and publications information, plus exclusive offers and discounts straight to your inbox. www.cambridge.org/alerts

Join us online

SIGN UPTODAY

Sign up today to get 15% off your next online order*

Cambridge AlertsLecturers, order your

Inspection CopyIf you are considering using one of our textbooks as a set text on your course then you

can request a free inspection copy. Order your inspection copy in the following ways:

Online Email PhoneVisit www.cambridge.org/ecomantextbooks2015, find your chosen textbook, click the ‘request an inspection copy’ button and complete the online form. Please note that only books marked ‘Request inspection copy’ are available in this way.

Email details of your chosen textbook, along with your affiliation, course name, level and number of students to: Europe [email protected] America [email protected]

Call the textbook team on Europe+44 (0) 1233 325566 North America+1-866-257-3385

Follow us on Twitter @CambUP_Econ and @CambUP_MGMT

Search for us on Facebook at CambUPEconomics

* Terms and conditions apply, full details at www.cambridge.org/academic/alerts-terms-and-conditions

Printed in the United Kingdom on elemental-chlorine-free paper from responsibly managed forests. 2015www.cambridge.org/ecomantextbooks2015

www.cambridge.org/alerts








www.cambridge.org/academic/alerts


Economics, Business and Management Textbooks 2015

Documents