Download or read book Microeconomic Foundations II written by David M. Kreps and published by Princeton University Press. This book was released on 2023-05-23 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: A cutting-edge introduction to key topics in modern economic theory for first-year graduate students in economics and related fields Volume II of Microeconomic Foundations introduces models and methods at the center of modern microeconomic theory. In this textbook, David Kreps, a leading economic theorist, emphasizes foundational material, concentrating on seminal work that provides perspective on how and why the theory developed. Because noncooperative game theory is the chief tool of modeling and analyzing microeconomic phenomena, the book stresses the applications of game theory to economics. And throughout, it underscores why theory is most useful when it supports rather than supplants economic intuition. Introduces first-year graduate students to the models and methods at the core of microeconomic theory today Covers an extensive range of topics, including the agency theory, market signaling, relational contracting, bilateral bargaining, auctions, matching markets, and mechanism design Stresses the use—and misuse—of theory in studying economic phenomena and shows why theory should support, not replace, economic intuition Includes extensive appendices reviewing the essential concepts of noncooperative game theory, with guidance about how it should and shouldn’t be used Features free online supplements, including chapter outlines and overviews, solutions to all the problems in the book, and more
Download or read book Microeconomic Foundations I written by David M. Kreps and published by Princeton University Press. This book was released on 2013 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these tools.
Download or read book Microeconomic Foundations I written by David M. Kreps and published by Princeton University Press. This book was released on 2012-10-28 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: A guide to mastering microeconomic theory Microeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and results connected to them. Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these tools Complements standard texts Covers choice, preference, and utility; structural properties of preferences and utility functions; basics of consumer demand; revealed preference and Afriat's Theorem; choice under uncertainty; dynamic choice; social choice and efficiency; competitive and profit-maximizing firms; expenditure minimization; demand theory (duality methods); producer and consumer surplus; aggregation; general equilibrium; efficiency and the core; GET, time, and uncertainty; and other topics Features a free web-based student's guide, which gives solutions to approximately half the problems, and a limited-access instructor's manual, which provides solutions to the rest of the problems Contains appendixes that review most of the specific mathematics employed in the book, including a from-first-principles treatment of dynamic programming
Download or read book A Course in Microeconomic Theory written by David M. Kreps and published by Princeton University Press. This book was released on 2020-06-23 with total page 864 pages. Available in PDF, EPUB and Kindle. Book excerpt: David M. Kreps has developed a text in microeconomics that is both challenging and "user-friendly." The work is designed for the first-year graduate microeconomic theory course and is accessible to advanced undergraduates as well. Placing unusual emphasis on modern noncooperative game theory, it provides the student and instructor with a unified treatment of modern microeconomic theory--one that stresses the behavior of the individual actor (consumer or firm) in various institutional settings. The author has taken special pains to explore the fundamental assumptions of the theories and techniques studied, pointing out both strengths and weaknesses. The book begins with an exposition of the standard models of choice and the market, with extra attention paid to choice under uncertainty and dynamic choice. General and partial equilibrium approaches are blended, so that the student sees these approaches as points along a continuum. The work then turns to more modern developments. Readers are introduced to noncooperative game theory and shown how to model games and determine solution concepts. Models with incomplete information, the folk theorem and reputation, and bilateral bargaining are covered in depth. Information economics is explored next. A closing discussion concerns firms as organizations and gives readers a taste of transaction-cost economics.
Download or read book Microeconomic Foundations II written by David M. Kreps and published by Princeton University Press. This book was released on 2023-01-03 with total page 799 pages. Available in PDF, EPUB and Kindle. Book excerpt: A cutting-edge introduction to key topics in modern economic theory for first-year graduate students in economics and related fields Volume II of Microeconomic Foundations introduces models and methods at the center of modern microeconomic theory. In this textbook, David Kreps, a leading economic theorist, emphasizes foundational material, concentrating on seminal work that provides perspective on how and why the theory developed. Because noncooperative game theory is the chief tool of modeling and analyzing microeconomic phenomena, the book stresses the applications of game theory to economics. And throughout, it underscores why theory is most useful when it supports rather than supplants economic intuition. Introduces first-year graduate students to the models and methods at the core of microeconomic theory today Covers an extensive range of topics, including the agency theory, market signaling, relational contracting, bilateral bargaining, auctions, matching markets, and mechanism design Stresses the use—and misuse—of theory in studying economic phenomena and shows why theory should support, not replace, economic intuition Includes extensive appendices reviewing the essential concepts of noncooperative game theory, with guidance about how it should and shouldn’t be used Features free online supplements, including chapter outlines and overviews, solutions to all the problems in the book, and more
Download or read book Labour Market Adjustment written by Christopher A. Pissarides and published by Cambridge University Press. This book was released on 1976 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Labour economics textbook on labour market adjustment - develops a short-run dynamic system for the economic analysis of problems related to disequilibrium trading, inflation, unemployment, etc., and discussess various aspects of job searching. Bibliography pp. 249 to 254, diagrams, graphs and references.
Download or read book The Microeconomic Foundations of Macroeconomics written by G.C. Harcourt and published by Routledge. This book was released on 2019-03-13 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: This discourse on the conference proceedings unveils Sir John Hicks's efforts to discuss capital/income family of concepts with their principal characteristics of inter-temporality. Papers on capital, profits, the concept of invariant capital stock and Kaleckian theory of investment are discussed.
Download or read book Microeconomic Foundations Theory Application and Policy written by Anil Somani and published by JEC PUBLICATION. This book was released on with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the ever-evolving landscape of economic thought, the significance of microeconomics cannot be overstated. It is within this intricate framework of individual choices, market dynamics, and policy implications that the foundation of economic understanding is laid. "Microeconomic Foundations: Theory, Application, and Policy" is conceived with the ambition to bridge the realms of theoretical microeconomics and its practical applications, offering a comprehensive guide that navigates through the core principles, contemporary issues, and the multifaceted role of policy in shaping economic outcomes. This book is the culmination of years of teaching, research, and engagement with the practical aspects of microeconomics. It is designed to serve a broad audience, from undergraduate students grappling with the basics of the discipline to graduate scholars exploring advanced concepts, and professionals seeking to apply microeconomic principles to real-world scenarios. The genesis of this work lies in the recognition of the need for a text that not only elucidates the theoretical underpinnings of microeconomics but also demonstrates the application of these theories in addressing contemporary economic challenges.
Download or read book Neoclassical Microeconomic Theory written by Anthony Endres and published by Routledge. This book was released on 1997-01-02 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carl Menger, Friedrich Wieser and Eugen Bohm-Bawerk are acknowledged as pioneers in the development of neoclassical economics, as well as being recognized as the founders of the Austrian School of Economics. Neoclassical Microeconomic Theory examines their contribution and compares it with the other branches of neoclassical economics that emerged b
Download or read book Economic Foundations of Symmetric Programming written by Quirino Paris and published by Cambridge University Press. This book was released on 2010-11-01 with total page 569 pages. Available in PDF, EPUB and Kindle. Book excerpt: The search for symmetry is part of the fundamental scientific paradigm in mathematics and physics. Can this be valid also for economics? This book represents an attempt to explore this possibility. The behavior of price-taking producers, monopolists, monopsonists, sectoral market equilibria, behavior under risk and uncertainty, and two-person zero- and non-zero-sum games are analyzed and discussed under the unifying structure called the linear complementarity problem. Furthermore, the equilibrium problem allows for the relaxation of often-stated but unnecessary assumptions. This unifying approach offers the advantage of a better understanding of the structure of economic models. It also introduces the simplest and most elegant algorithm for solving a wide class of problems.
Download or read book Macroeconomic Foundations of Macroeconomics written by Alvaro Cencini and published by Routledge. This book was released on 2012-10-12 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents’ behaviour. These are the macroeconomic foundations of macroeconomics. Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows that the introduction of money entails economics being interpreted conceptually not mathematically. His innovative book provides the elements for a new approach by applying the most recent results of monetary analysis to the study of national and international economics. It covers recent progress in monetary theory, provides the reader with a greater understanding of the subject, and will be essential reading for economic students as well as a valuable resource for economists.
Download or read book Foundations of Economics written by Robin Bade and published by Addison Wesley Publishing Company. This book was released on 2003-06 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In August 2006, we are launching a new, streamlined version of MyEconLab to better fit the needs of both students and professors. Order the ISBN above if your course begins before 8/1/06, or click here if your course begins after 8/1/06. Foundations of Economics was developed on the premise that economics is a core competency for the responsible citizen and a foundation tool for every type of career. The Bade/Parkin package is designed to encourage learning by doing. Each chapter concentrates on a manageable number of core concepts that are called out in the beginning-of-chapter Checklist. Students know what they're expected to learn and are given the chance to apply those lessons to real-world problems. Practice is the cornerstone of the innovative Bade/Parkin approach. A full page Checkpoint containing a Practice Problem with solution and a parallel Exercise immediately follows each main idea. Checkpoints serve as stopping points and encourage students to practice using a concept before moving on. Different learning styles need different learning tools, and Bade/Parkin's extensive and tightly integrated web environment puts students in the driver's seat and allows them to use technology in the way that suits them best.
Download or read book Microfoundations written by E. Roy Weintraub and published by Cambridge University Press. This book was released on 1979-02-28 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first full-length survey of current work which examines the compatibility of microeconomics and macroeconomics.
Download or read book Economic Theory and Cognitive Science written by Don Ross and published by MIT Press. This book was released on 2005 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: A hilariously funny cookbook–cum–how–I–did–it memoir by the chef/restaurateur who created New York's dazzling Ápizz restaurant. At the age of thirty–seven, John LaFemina left a lucrative career as a jeweler to become a chef. Instead of going back to school, or getting on–the–job training, he did it the hard way: he bought the restaurant and then taught himself to cook. Today he owns two of New York's great Italian restaurants–Ápizz and Peasant–and is one of the city's most–talked–about chefs, earning rave reviews from fans and critics. In this gorgeous cookbook, he not only shares scores of recipes, but describes his life as a Canarsie boy learning about meatballs and macaroni in his mother's kitchen–and reveals how he drew on a lifetime of Italian cooking, and his own hard work and exquisite taste to create his dream restaurant from scratch. LaFemina takes us step–by–step through the process of finding the perfect location (and figuring out how many meatballs you have to sell to pay the rent), designing a restaurant, procuring all the necessary permits and licenses, and creating the menu. And this is just the first part of running a restaurant. He shares his experiences in dealing with the public and the press, unexpected disasters, and finally, basking in the glory of a popular restaurant. Along with his inspiring story, John LaFemina also shares 100 mouthwatering recipes, including: Lasagna with Braised Wild Boar Mushroom Risotto Veal, Beef, and Pork Meatballs with Ricotta Filling Open Ravioli with Roasted Butternut Squash Creamsicle Panna Cotta Chocolate Banana Bread Pudding
Download or read book Foundations of Dynamic Economic Analysis written by Michael R. Caputo and published by Cambridge University Press. This book was released on 2005-01-10 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundations of Dynamic Economic Analysis presents a modern and thorough exposition of the fundamental mathematical formalism used to study optimal control theory, i.e., continuous time dynamic economic processes, and to interpret dynamic economic behavior. The style of presentation, with its continual emphasis on the economic interpretation of mathematics and models, distinguishes it from several other excellent texts on the subject. This approach is aided dramatically by introducing the dynamic envelope theorem and the method of comparative dynamics early in the exposition. Accordingly, motivated and economically revealing proofs of the transversality conditions come about by use of the dynamic envelope theorem. Furthermore, such sequencing of the material naturally leads to the development of the primal-dual method of comparative dynamics and dynamic duality theory, two modern approaches used to tease out the empirical content of optimal control models. The stylistic approach ultimately draws attention to the empirical richness of optimal control theory, a feature missing in virtually all other textbooks of this type.
Download or read book The Moral Foundation of Economic Behavior written by David C. Rose and published by OUP USA. This book was released on 2011-11-25 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: It then identifies specific characteristics that moral beliefs must have for the people who possess them to be regarded as trustworthy.
Download or read book Economic Foundations of Strategic Management written by Mehmet Barca and published by Routledge. This book was released on 2017-10-24 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the extent to which economic theory is able to provide the theoretical foundations of strategic management. To this end it draws on the philosophy of science; microeconomic theory; and different approaches to strategic management. The work shows that many of the propositions of strategic management are deducible from the economic theories considered. It argues that these propositions should be made open to empirical testing and that a unified theory of strategic management should be developed. Thus the book addresses a current major concern of theorists - that strategy remains ’atheoretical’ and that this reduces the predictive power of the subject and hampers further theory development. The essential contribution made is that economic theory should be systematically explored in order to establish the foundations of business strategy.
