MACHINE TOOL PRODUCTION IN DEVELOPING COUNTRIES by M. M. Huq and C. C. Prendergast,Scottish Academic Press,Edinburgh, Scotland, 1983, xlll + 132 pp.

Engineering economics courses and textbooks have typically acknowledged the existence of the role of risk in economic decision making, but often in a peripheral way. The approach has been to suggest the existence of risk and uncertainty in engineering decisions, and to quantify that risk. The world of financial decision making includes many more powerful tools and techniques for risk management, rather than just risk measurement. The techniques of risk management include diversification, hedging, insuring, the capital asset pricing model (CAPM), futures contracts, options, and other investments. These portfolio tools are useful to engineering decision making, and the engineering economics community would be well served to include these topics in engineering economics undergraduate education.     

Alternating Currents: Electricity Markets and Public Policy,Timothy J. Brennan,Karen L. Palmer,and Martinez A. Salvador,editors.

Review of Industrial Organization -     

Privatization,Restructuring, and Regulation of Network Utilities,David M. Newbery.

Review of Industrial Organization -     

INTERNATIONAL PETROLEUM ECONOMICS Vol. 21, No.10, 2013

Evolution of the political chaos in Egypt and Egypt＇s oil and gas investment climate and trend By CHU Wangtao ＆ XIE Bo, Sinopec Petroleum Exploration and Development Research Institute Egypt＇s political chaos has gone through several stages of evolution ： 1） in 2004-2007 the bud of the protest movement first challenged authoritarian rule; 2） in the outbreak period President Hosni Mubarak was forced to step down in early 2011, marking the end of authoritarian rule; 3） in the 2011-2012 a transition period prevails from rule by force under the army toward transition to constitutional democratic political rule; 4） on June 30, 2012 the inauguration of democratically elected President Mursi begins the rancor period when his misconduct reignites division;