MIT Press JournalsNew Textbooks from The MIT Press

Prices and availability are subject to change without notice.

American Journal of Health EconomicsQuarterlyFrank Sloan, Editor-in-Chief

The American Journal of Health Economics (AJHE) provides a forum for the in-depth analysis of institutional healthcare systems and individual health behaviors. Subjects of interest include competition between private health insurance providers, the impact of the Affordable Care Act, pharmaceuti-cal regulation, medical device supply, the rise of obesity, the influence and growth of aging populations, and much more. The journal is published by the MIT Press for the American Society of Health Economists (ASHEcon).144 pp. per issue, 6 x 9 | ISSN 2332-3493, E-ISSN 2 | mitpressjournals.org/ajh

The Review of Economics and StatisticsFive times per year Amitabh Chandra (Co-Chair), Yuriy Gorodnichenko, Bryan S. Graham, Shachar Kariv, Amit K. Khandelwal, Asim Ijaz Khwaja (Co-Chair), Brigitte C. Madrian, and Rohini Pande, Editors

The Review of Economics and Statistics is a 100-year-old general journal of applied (especially quantitative) economics edited at the Harvard Kennedy School. The Review has published some of the most important articles in empirical economics, as well as collections of papers or symposia devoted to a single topic of methodological or empirical interest.368 pp. per issue, 8 1/2 x 11 | ISSN 0034-6535, E-ISSN 1530-9142 | mitpressjournals.org/res

Education Finance and PolicyQuarterlyAmy Ellen Schwartz, EditorEric Brunner, Stephanie Cellini, Susanna Loeb, and Katharine O. Strunk, Associate Editors

Education Finance and Policy (EFP), the official journal of the Associa-tion for Education Finance and Policy, promotes understanding of the means by which global resources can be justly generated and productively engaged to enhance human learning at all levels. EFP explores topics such as school accountability, school choice, education standards, equity and adequacy in school finance, resource allocation, teacher compensation, and special education.144 pp. per issue, 7 x 10 | ISSN 1557-3060, E-ISSN 1557-3079 | mitpressjournals.org/efp

Asian Development ReviewBiannualShang-Jin Wei and Naoyuki Yoshino, Editors

Asian Development Review (ADR) is the journal of the Asian Development Bank and Asian Development Bank Institute. It publishes research on development issues relevant to the countries of the Asia and Pacific region, specifically ADB’s member countries. ADR publishes high-quality empirical papers, survey articles, historical analyses, and policy-oriented work. ADR bridges theoretical work and rigorous empirical studies that advance the understanding of Asia’s development; and it is open to discussions of alter-native perspectives on all aspects of development, including globalization, inequality, structural transformation, and poverty. Open Access 192 pp. per issue, 6 3/4 x 10 | ISSN 0116-1105, E-ISSN 1996-7241 | mitpressjournals.org/adr

Asian Economic PapersTriannual Wing Thye Woo, Editor-in-Chief, Sung Chun Jung, Fukunari Kimura, Domenico Lombardi, and Jeffrey D. Sachs, Editors

Asian Economic Papers is sponsored by the Center for Sustainable Development, Columbia University, United States; the Korea Institute for International Economic Policy, South Korea; the Jeffrey Cheah Institute on Southeast Asia, Sunway University, Malaysia; the Economic Research Institute for ASEAN and East Asia, Indonesia; and the Centre for Interna-tional Governance Innovation, Canada. AEP’s articles focus on high-quality, objective analysis of key economic issues of a particular Asian economy or of the broader Asian region, and offer creative solutions to these Asian economic issues.192 pp. per issue, 6 x 9 | ISSN 1535-3516, E-ISSN 1536-0083 | mitpressjournals.org/aep

The Theory of Collusion and Competition PolicyJoseph E. Harrington, Jr.

A review of the theoretical research on unlawful collusion, focusing on the impact and optimal design of competition law and enforcement.November 2017, 144 pp, $35.00/£27.95, 9780262036931

When Things Don’t Fall ApartGlobal Financial Governance and Developmental Finance in an Age of Productive IncoherenceIlene Grabel

An account of the significant though gradual, uneven, disconnected, ad hoc, and pragmatic innovations in global financial governance and developmental finance induced by the global financial crisis.December 2017, 400 pp, $35.00/£27.95, 9780262037259

Stochastic Methods in Asset PricingAndrew Lyasoff

A comprehensive overview of the theory of stochastic processes and its connections to asset pricing, accompanied by some concrete applicationsAugust 2017, 632 pp, $75.00/£62.95, 9780262036559 T

Advanced ManufacturingThe New American Innovation PoliciesWilliam B. Bonvillian

How to rethink innovation and revitalize America’s declining manufacturing sector by encouraging advanced manufacturing, bringing innovative technologies into the production process.December 2017, 416 pp, $40.00/£32.95, 9780262037037

Consumer NeuroscienceEdited by Moran Cerf and Manuel Garcia-Garcia

A comprehensive introduction to using the tools and techniques of neurosci-ence to understand how consumers make decisions about purchasing goods and servicesNovember 2017, 368 pp, $75.00/£62.95, 9780262036597 T

Labor, Credit, and Goods MarketsThe Macroeconomics of Search and UnemploymentNicolas Petrosky-Nadeau and Etienne Wasmer

An integrated framework to study the theoretical and quantitative properties of economies with frictions in labor, financial, and goods markets.November 2017, 272 pp, $75.00/£62.95, 9780262036450 T

Globalizing InnovationState Institutions and Foreign Direct Investment in Emerging EconomiesPatrick J. W. Egan

The impact of host country institutions and policy on innovation by multinational firms in emerging economies.December 2017, 312 pp, $35.00/£27.95, 9780262037358

Developments in Global SourcingEdited by Wilhelm Kohler and Erdal Yalcin

Theoretical and empirical perspectives on the fragmentation of production processes across borders, shedding light on global sourcing decisions and their economic effects.February 2018, 416 pp, $40.00/£32.95, 9780262037570 CESifo Seminar Series

International Currency ExposureEdited by Yin-Wong Cheung and Frank Westermann

Issues in debates about foreign currency exposure—the denomination of liabilities or assets in foreign currency.July 2017, 328 pp, $37.00/£30.95, 9780262036405 CESifo Seminar Series

Now in paperback

The Vanishing Middle ClassPrejudice and Power in a Dual Economy

With a New EpiloguePeter Temin

Why the United States has developed an economy divided between rich and poor and how racism helped bring this about.March 2018, 288 pp, $17.95/£14.95, 9780262535298

New Edition

Sources of Power How People Make Decisions20th Anniversary EditionGary Klein

A modern classic about how people really make decisions: drawing on prior experi-ence, using a combination of intuition and analysis.September 2017, 360 pp, pbk, $29.95/£24.95, 9780262534291

Faster, Smarter, GreenerThe Future of the Car and Urban MobilityVenkat Sumantran, Charles Fine, and David Gonsalvez

A call to redefine mobility so that it is connected, heterogeneous, intelligent, and personalized, as well as sustainable, adaptable, and city-friendly.September 2017, 352pp, £29.95/£24.95 9780262036665

Natural Resources as CapitalLarry Karp

An introduction to the concepts and tools of natural resource economics, includ-ing dynamic models, market failures, and institutional remedies.October 2017, 432 pp, pbk, $55.00/£45.95, 9780262534055 T

Energy Tax and Regulatory Policy in EuropeReform PrioritiesEdited by Ian Parry, Karen Pittel, and Herman Vollebergh

Concise introductions to the main issues in energy policy and their interaction with environmental policies in the EU.August 2017, 408 pp, $37.00/£30.95, 9780262036399

The Acceleration of Cultural ChangeFrom Ancestors to AlgorithmsR. Alexander Bentley and Michael J. O’Brien

How culture evolves through algorithms rather than knowledge inherited from ancestors.2017, 176 pp, $24.95/£19.95, 9780262036955

The Essential TverskyAmos TverskyEdited by Eldar ShafirForeword by Michael Lewis Afterword by Daniel Kahneman

Some of the best and most influential papers by Amos Tversky, one of the most brilliant social science thinkers of the twentieth century.July 2018, 416 pp, pbk, $35.00/£27.95, 9780262535106

Exam and Desk CopiesExamination copies are available to qualified instructors who wish to consider a textbook for course adoption.

We provide complimentary copies of up to two titles at one time, per semester. Complete course information is required in order to consider requests.

T designated titles are also available for course adoption consideration.

Desk copies are provided to instructors who have already adopted a text for course use and an order for the text has been placed with a university of local bookstore.

For more information please visit: mitpress.mit.edu/instructors

MIT Press textbooks are also available through our e-textbook rental program For further details please visit:

mitpress.mit.edu/etext_rentalDiscount offers do not apply to e-rental.

New Edition

The Chinese EconomyAdaptation and GrowthSecond EditionBarry Naughton

The new edition of a comprehensive overview of the modern Chinese economy, revised to reflect the end of the “miracle growth” period.March 2018, 576 pp, pbk, $40.00/£32.95, 9780262534796 T

New Edition

Comparative Economics in a Transforming World EconomySecond EditionJ. Barkley Rosser, Jr. and Marina V. Rosser

An approach to comparative economic systems that avoids simple dichotomies to examine a wide variety of institutional and systemic arrangements, with updated country case studies.January 2018, 656 pp, $125.00/£104.95, 9780262037334 T

The Economics of Continuous-Time FinanceBernard Dumas and Elisa Luciano

An introduction to economic applications of the theory of continuous-time finance that strikes a balance between mathemati-cal rigor and economic interpretation of financial market regularities.October 2017, 640 pp, $90.00/£74.95, 9780262036542 T

Market DesignAuctions and MatchingGuillaume Haeringer

A broad overview of market mechanisms, with an emphasis on the interplay between theory and real-life applications; examples range from eBay auctions to school choice.February 2018, 392 pp, $80.00/£66.95 9780262037549 T

New Edition

Knowledge Management in Theory and PracticeThird EditionKimiz Dalkir

A new, thoroughly updated edition of a comprehensive overview of knowledge management (KM), covering theoretical foundations, the KM process, tools, and professions.December 2017, 552 pp, $65.00/£54.95, 9780262036870 T

New Edition

Macroeconomic Essentials, Fourth EditionUnderstanding Economics in the NewsPeter E. Kennedy and Jay Prag

The new edition of a concise and non-technical but rigorous introductory text that emphasizes fundamental concepts and real-world applications, thoroughly revised and updated.August 2017, 472pp, $63.00/£54.95 9780262533348 T

Contact MIT Press Journals at:MIT Press Journals, One Rogers Street, Cambridge, MA 02142-1209TEL: (800) 207-8354 US/Canada: (617) 253-2889 | FAX : (617) 577-1545

mitpressjournals.org

mitpress.mit.edu/econ Call toll-free in North America 1-800-405-1619 UK orders: +44(0) 1243 843291

Sign up to receive exclusive discounts, notifications about new books, and original content: mitpress.mit.edu/newsletter

The MIT PressOne Rogers StreetCambridge MA 02142-1209USA

Nonprofit Org.

US Postage

PAID

Permit No. 54518

Boston, MA 02142

Balancing GreenWhen to Embrace Sustainability in a Business (and When Not To)Yossi Sheffi

An expert on business strategy off ers a pragmatic take on how businesses of all sizes balance the competing demands of profi tability and employment with sustainability.February 2018, 568 pp, $29.95/£24.95, 9780262037723

Now in paperback

The Power of ResilienceHow the Best Companies Manage the UnexpectedYossi Sheffi

How the best companies prepare for and manage modern vulnerabilities—from cybersecurity risks to climate change: new tools, processes and organizations for developing corporate resilience.March 2017 488 pp, pbk, $22.95/£18.95 9780262533638

Big is BeautifulDebunking the Myth of Small BusinessRobert Atkinson and Michael Lind

Why small business is not the basis of American prosperity, not the foundation of American democracy, and not the cham-pion of job creation.March 2018, 360 pp, $29.95/£24.95, 9780262037709

Now in paperback

Streaming, Sharing, StealingBig Data and the Future of EntertainmentMichael D. Smith and Rahul Telang

How big data is transforming the creative industries, and how those industries can use lessons from Netfl ix, Amazon, and Apple to fi ght back.August 2017, 232 pp, pbk, $19.95/£14.95, 9780262534529

The Inversion FactorHow to Thrive in the IoT EconomyLinda Bernardi, Sanjay Sarma, and Kenneth Traub

Why companies need to move away from a “product fi rst” orientation to pursuing innovation based on customer need.September 2017, 240 pp, $29.95/£24.95, 9780262037273

EconomicsFinanceBusiness

New and Recent titles • The MIT Press

Now in paperback

Big HungerThe Unholy Alliance between Corporate America and Anti-Hunger GroupsAndrew D. Fisher

How to focus anti-hunger eff orts not on charity but on the root causes of food insecurity, improving public health, and reducing income inequality.April 2018, 360 pp, $17.95/£14.95, 9780262535168Food, Health, and the Environment Series

Leading from WithinConscious Social Change and Mindfulness for Social InnovationGretchen Ki Steidle

A roadmap for integrating mindfulness into every aspect of social change: how to lead transformation with compassion for the needs and perspectives of all people.September 2017, 264 pp, $29.95/£24.95, 9780262037198

IT Strategy for Non-IT ManagersBecoming an Engaged Contributor to Corporate IT DecisionsAmrit Tiwana

How non-IT managers can turn IT from an expensive liability into a cost-eff ective competitive tool.September 2017, 280 pp, pbk, $35.00/£27.95, 9780262534154 T

How Reform Worked in ChinaThe Transition from Plan to MarketYingyi Qian

A noted Chinese economist examines the mechanisms behind China’s economic reforms, arguing that universal principles and specifi c implementations are equally important.November 2017, 412 pp, pbk, $60.00/£49.99, 9780262534246

Now in paperback

China’s Next Strategic AdvantageFrom Imitation to InnovationGeorge S. Yip and Bruce McKern

A book for everyone who does business with China or in China.April 2017, 304 pp, pbk, $19.95/£14.95, 9780262534758

Modernizing America’s Electricity InfrastructureMason Willrich

A comprehensive, coherent strategy for modernizing America’s electricity infrastructure while ensuring aff ordable, reliable, secure, and environmentally sustainable electricity services.October 2017, 320 pp, $25.00/£19.95, 9780262036795

Blue and GreenThe Drive for Justice at America’s PortScott L. Cummings

How an alliance of the labor and envi-ronmental movements used law as a tool to clean up the trucking industry at the nation’s largest port.February 2018, 440 pp, pbk, $32.00/ £26.95, 9780262534314

Beyond AusterityReforming the Greek EconomyEdited by Costas Meghir, Christopher A. Pissarides, Dimitri Vayanos, and Nikolaos Vettas

Prominent economists present detailed analyses of the conditions that made Greece vulnerable to economic crisis and off er policy recommendations for compre-hensive and radical change.September 2017, 728 pp., $75.00/£62.95, 9780262035835

Israel and the World EconomyThe Power of GlobalizationAssaf Razin

A rigorous analysis of the role played by globalization in key episodes in the development of the Israeli economy, from hyperinfl ation crisis to high-tech surge.January 2018, 232pp, $40.00/£32.95 9780262037341

Fighting Corruption is DangerousThe Story Behind the HeadlinesNgozi Okonjo-Iweala

A frontline account of how to fi ght cor-ruption, from Nigeria’s former fi nance minister Ngozi Okonjo-Iweala.April 2018, 200 pp, $29.95/£24.95, 9780262038010

Now in paperback

An Economist in the Real WorldThe Art of Policymaking in IndiaKaushik Basu

An economist’s perspective on the nuts and bolts of economic policymaking, based on his experience as the Chief Economic Adviser in India.September 2017, 256 pp, pbk, $24.00/£19.95, 9780262534550

Demographic Change and Long-Run DevelopmentEdited by Matteo Cervellati and Uwe Sunde

Recent approaches to economic demography, investigating the eff ect of the transition to low mortality and low fertility on economic development.October 2017, 368 pp, $35.00/£27.95, 9780262036627CESifo Seminar series

Taming the Tide of Capital FlowsA Policy GuideAtish R. Ghosh, Jonathan D. Ostry, and Mahvash S. Qureshi

A comprehensive examination of policy measures intended to help emerging markets contend with large and volatile capital fl ows.December 2017, 488 pp, $45.00/£37.95, 9780262037167

mitpress.mit.edu/econ @mitpress

How to Go DigitalPractical Wisdom to Help Drive Your Organization’s Digital TransformationMIT Sloan Management Review

Advice on how companies can succeed in the new digital business environment.January 2018, 224 pp, $19.95/£14.95, 9780262534987The Digital Future of Management Series

What the Digital Future Holds20 Groundbreaking Essays on How Technology Is Reshaping the Practice of ManagementMIT Sloan Management Review

The relationship between management and digital technology: experts present a new agenda for the practice of management.January 2018, 144 pp, pbk, $19.95/£14.95, 978026253499The Digital Future of Management Series

The Digital Future of Management SeriesBooks in the new Digital Future of Management series draw from the print and web pages of the MIT Sloan Management Review to deliver expert insights and sharply tuned advice on navigating the unprecedented challenges of the digital world. These books are essential reading for executives from the world’s leading source of ideas on how technology is transform-ing the practice of management. mitpress.mit.edu/econ