- Consulting Editors
- The Oxford Handbook of Managerial Economics
- Managerial Economics: Introduction and Overview
- Managerial Economics: Present And Future
- Market Power: How Does it Arise? How is it Measured?
- Advances in Cost Frontier Analysis of the Firm
- Supply Chain Design for Managing Disruptive Risks
- Combinatorial Auctions
- Game and Information Theory in Modern Managerial Economics
- Issues in the Analysis of Time, Risk, and Uncertainty
- Behavioral Economics and Strategic Decision Making
- Advances in Pricing Strategies and Tactics
- Product Distribution and Promotion: An Analytical Marketing Perspective
- Market Imperfections and Sustainable Competitive Advantage
- The New Managerial Economics of Firm Growth: The Role of Intangible Assets and Capabilities
- Strategies for Network Industries
- Internalization Theory as the General Theory of International Strategic Management Past, Present and Future
- Competitive Strategy in the Nonprofit Sector
- Organizational Design and Firm Performance
- Design and Implementation of Pay for Performance
- Vertical Merger
- The Evolving Modern Theory of the Firm
- Financing the Business Firm
- Corporate Governance and Firm Performance
- Managing Workplace Safety and Health
- Merger Strategies And Antitrust Concerns
- On the Profitability of Corporate Environmentalism
- Name Index
- Subject Index
Abstract and Keywords
This chapter assesses trends in managerial economics, in particular considering the extent to which a convergence may be occurring between managerial economics and mainstream work. Managerial economics is currently developing into “the new managerial economics” that incorporates much organizational economics, including the study of strategic interaction. New work does not so much displace the old, but is more in the nature of an augmentation because of an increased focus on organizational questions related to managing human resources.
Paul H. Rubin is Samuel Candler Dobbs Professor of Economics at Emory University. His main area of research is law and economics.
Anthony W. Dnes is a Senior Associated Regulatory Scholar at the Mercatus Center in George Mason Law School, and the European Editor of Managerial & Decision Economics.
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