Models in Microeconomic Theory Expanded Second Edition (She)

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Tác giả: Martin Osborne, Ariel Rubinstein

Ngôn ngữ: eng

ISBN-13: 978-1805111214

ISBN-13: 978-1805111221

ISBN: OBP.0361

Ký hiệu phân loại:

Thông tin xuất bản: Cambridge Open Book Publishers 2023

Mô tả vật lý: 1 electronic resource (382 p.)

Bộ sưu tập: Tài liệu truy cập mở

ID: 374504

Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (
- Chapter s 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and monopoly. Part II (
- Chapter s 8-14) introduces the concept of equilibrium, beginning, unconventionally, with the models of the jungle and an economy with indivisible goods, and continuing with models of an exchange economy, equilibrium with rational expectations, and an economy with asymmetric information. Part III (
- Chapter s 15-16) provides an introduction to game theory, covering strategic and extensive games and the concepts of Nash equilibrium and subgame perfect equilibrium. Part IV (
- Chapter s 17-20) gives a taste of the topics of mechanism design, matching, the axiomatic analysis of economic systems, and social choice. The book focuses on the concepts of model and equilibrium. It states models and results precisely, and provides proofs for all results. It uses only elementary mathematics (with almost no calculus), although many of the proofs involve sustained logical arguments. It includes about 150 exercises. With its formal but accessible style, this textbook is designed for undergraduate students of microeconomics at intermediate and advanced levels.
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