(p. iii) The Oxford Handbook of Managerial Economics

(p. iv)

• Oxford University Press is a department of the University of Oxford.
• It furthers the University’s objective of excellence in research, scholarship,
• and education by publishing worldwide.

• Oxford New York
• Auckland Cape Town Dar es Salaam Hong Kong Karachi
• Kuala Lumpur Madrid Melbourne Mexico City Nairobi
• New Delhi Shanghai Taipei Toronto

• With offices in
• Argentina Austria Brazil Chile Czech Republic France Greece
• Guatemala Hungary Italy Japan Poland Portugal Singapore
• South Korea Switzerland Thailand Turkey Ukraine Vietnam

• Oxford is a registered trademark of Oxford University Press in the UK and certain other
• countries.

• Published in the United States of America by
• Oxford University Press
• 198 Madison Avenue, New York, NY 10016

• © Oxford University Press 2013

• All rights reserved. No part of this publication may be reproduced, stored in a
• retrieval system, or transmitted, in any form or by any means, without the prior
• permission in writing of Oxford University Press, or as expressly permitted by law,
• by license, or under terms agreed with the appropriate reproduction rights organization.
• Inquiries concerning reproduction outside the scope of the above should be sent to the Rights
• Department, Oxford University Press, at the address above.

• You must not circulate this work in any other form
• and you must impose this same condition on any acquirer.

• Library of Congress Cataloging-in-Publication Data

• The Oxford handbook of managerial economics / [edited by] Christopher R. Thomas and
• William F. Shughart II.
• p. cm.
• Includes bibliographical references and index.
• ISBN 978–0–19–978295–6 (cloth: alk. paper) 1. Managerial economics.
• 2. Managerial economics—Handbooks, manual, etc. I. Th omas, Christopher R.
• II. Shughart, William F. II. Title: Handbook of managerial economics. HD30.22.094 2013
• 338.5024′658—dc23
• 2012033450
• 1 3 5 7 9 8 6 4 2