Insights into Organizations and Markets
This text explores how employees respond to incentives, which applicants are most attractive, and why governments intervene in markets. Such knowledge is essential for managers and policymakers who want to fully understand the economy of organizations and markets.
Content and Approach
The book uses tools from microeconomics, such as game theory, information economics, and contract theory, to analyze how organizations and markets function and how interventions can be more effective. The emphasis is on building quantitative models that provide insight into the organization of markets and organizations.
Key Features
- Step-by-step analysis of quantitative models
- Numerous practical examples that clarify the theory
- Overview of the main aspects of European competition law
- Exercises at the end of chapters, focused on the discussed models
- In-depth case studies that illustrate the practical importance of the theoretical topics
Target Audience and Use
This learning material is intended for economics and business administration students and is suitable for education and self-study at HBO and university level.
Author
Sander Onderstal is an associate professor of Industrial Organization and Experimental Economics at the University of Amsterdam. He publishes internationally on topics such as auctions, government procurement, and incentive contracts.
Delivery
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