Mengerian Microeconomics

Author : Ivan Jankovic
Publisher : Springer Nature
Page : 228 pages
File Size : 44,8 Mb
Release : 2021-01-04
Category : Business & Economics
ISBN : 9783030577490

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Mengerian Microeconomics by Ivan Jankovic Pdf

This book explores the neglected contribution of the American and English “psychological” school to economic theory, especially to the development and refinement of the Austrian school of economics. It argues that Frank Knight, Frank Fetter, Herbert Davenport, Philip Wicksteed and J.B. Clark among others improved on the original Austrian theory by Menger and Bohm-Bawerk by providing a coherent subjectivist foundation for the theories of production and distribution. They succeeded where economic theory before them failed – to develop the theories of interest, profit, wages and rents based solely on the principles of subjective value and marginal utility, eschewing the last remnants of the old cost of production models. This book represents a look at what mainstream economic theory might have looked like had the erasure of Mengerian Austrian price theory by Marshallian and Walrasian thoeries not taken place, and had the improvements and refinements of the Mengerian tradition, itself done by the Anglo-Saxon followers of Menger, been fully appropriated.

Author : George R. Feiwel
Publisher : SUNY Press
Page : 512 pages
File Size : 52,5 Mb
Release : 1985-01-01
Category : Business & Economics
ISBN : 0873959426

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Issues in Contemporary Macroeconomics and Distribution by George R. Feiwel Pdf

This important book and its companion volume, Issues in Contemporary Microeconomics and Welfare, capture and convey the spirit, fundamental issues, underlying tensions, rich variety, accomplishments, and failures in contemporary economics. It presents economics as a dynamic subject, showing its strengths and limitations, exploring alternative approaches, and tracing the sources of differences. The essays include original contributions by the theorists themselves; major interpretations, reflections, and assessments by leading economists, and evaluations of particular areas by rising young scholars.

Author : Anthony Endres
Publisher : Routledge
Page : 286 pages
File Size : 53,9 Mb
Release : 1997-01-02
Category : Business & Economics
ISBN : 9781134744497

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Neoclassical Microeconomic Theory by Anthony Endres Pdf

This work examines the contribution of the Austrian school to our understanding of markets as economic processes.

Author : Steven Horwitz
Publisher : Routledge
Page : 288 pages
File Size : 41,9 Mb
Release : 2000-09-28
Category : Business & Economics
ISBN : 9781134642229

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Microfoundations and Macroeconomics by Steven Horwitz Pdf

In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,Steven Horwitz constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional economists and students.

Author : Laurent Dobuzinskis
Publisher : Routledge
Page : 317 pages
File Size : 41,7 Mb
Release : 2022-06-23
Category : Business & Economics
ISBN : 9781000606461

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Moral Discourse in the History of Economic Thought by Laurent Dobuzinskis Pdf

Providing an account of the development of economic thought, this book explores the extent to which economic ideas are rooted in moral values. Adopting an approach rooted in ‘pragmatism’, the work explores key questions which have been considered by economists since the classical political economists. These include: what degree of priority ought to be granted to property rights among all individual liberties; whether uncertainties in economic life justify investing political authorities with the power to stabilize business cycles; whether it is better to trust entrepreneurial initiatives to resolve societal dilemmas or to centralize policy-making in the hands of a benevolent government. The chapters argue that economic thought has evolved from an emphasis on "sympathy" (as defined by Adam Smith) and that there has more recently been a rediscovery of the significance of sympathy reinvented as "fair reciprocity" in the wake of the emergence of behavioural economics and its connection to evolutionary psychology. This key book is of great interest to readers in the history of ideas, political and moral philosophy, and political economy.

Author : Ludwig Van den Hauwe
Publisher : BoD – Books on Demand
Page : 188 pages
File Size : 52,6 Mb
Release : 2009
Category : Monetary policy
ISBN : 9782810602216

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Three Essays in Monetary Theory by Ludwig Van den Hauwe Pdf

Recent events in international financial markets have revived the scientific interest in conceivable institutional alternatives to prevailing monetary arrangements. In the essays reprinted in this book, the author critically examines some of the more influential arguments which have been made in favour of decentralization in banking.

Author : Steven Horwitz
Publisher : Routledge
Page : 439 pages
File Size : 51,8 Mb
Release : 2000-09-28
Category : Business & Economics
ISBN : 9781134642212

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Microfoundations and Macroeconomics by Steven Horwitz Pdf

In the past, Austrian economics has been seen as almost exclusively focused on microeconomics. Here,Steven Horwitz constructs a systematic presentation of what Austrian macroeconomics would look like. This original and highly accessible work will be of great value and interest to professional economists and students.

Author : R. Shone
Publisher : Academic Press
Page : 346 pages
File Size : 49,7 Mb
Release : 2014-05-10
Category : Business & Economics
ISBN : 9781483258096

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Microeconomics by R. Shone Pdf

Microeconomics: A Modern Treatment focuses on modern approaches to microeconomics. Alternative systems are discussed including input-output analysis as against neoclassical production theory. The theory of choice and the preference and utility approaches to consumer theory are also considered, along with linear and nonlinear theories of production, the theory of market demand and supply, and welfare economics. Comprised of 11 chapters, this book begins with an introduction to economic science and its propositions, as well as the importance of establishing a clearly defined set of postulates on which the whole edifice of economic knowledge rests. The discussion then turns to the theory of choice and the preference and utility approaches to consumer theory; neoclassical as opposed to modern consumer choice; production theory and the production set of the economy; and the theory of market demand and supply. Subsequent chapters deal with the theory of exchange and general equilibrium; welfare economics; and stability and introductory dynamics. This monograph will be of value to economists and those interested in microeconomics.

Author : Robert L. Heilbroner,Lester C. Thurow
Publisher : Prentice Hall
Page : 370 pages
File Size : 45,7 Mb
Release : 1984
Category : Microeconomics
ISBN : UVA:X000742206

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Understanding Microeconomics by Robert L. Heilbroner,Lester C. Thurow Pdf

Author : Ariel Rubinstein
Publisher : Princeton University Press
Page : 167 pages
File Size : 49,8 Mb
Release : 2012-03-04
Category : Business & Economics
ISBN : 9780691154138

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Lecture Notes in Microeconomic Theory by Ariel Rubinstein Pdf

Ariel Rubinstein's well-known lecture notes on microeconomics—now fully revised and expanded This book presents Ariel Rubinstein's lecture notes for the first part of his well-known graduate course in microeconomics. Developed during the fifteen years that Rubinstein taught the course at Tel Aviv University, Princeton University, and New York University, these notes provide a critical assessment of models of rational economic agents, and are an invaluable supplement to any primary textbook in microeconomic theory. In this fully revised and expanded second edition, Rubinstein retains the striking originality and deep simplicity that characterize his famously engaging style of teaching. He presents these lecture notes with a precision that gets to the core of the material, and he places special emphasis on the interpretation of key concepts. Rubinstein brings this concise book thoroughly up to date, covering topics like modern choice theory and including dozens of original new problems. Written by one of the world's most respected and provocative economic theorists, this second edition of Lecture Notes in Microeconomic Theory is essential reading for students, teachers, and research economists. Fully revised, expanded, and updated Retains the engaging style and method of Rubinstein's well-known lectures Covers topics like modern choice theory Features numerous original new problems—including 21 new review problems Solutions manual (available only to teachers) can be found at: http://gametheory.tau.ac.il/microTheory/.

Author : Gerrit Meijer
Publisher : Routledge
Page : 296 pages
File Size : 48,5 Mb
Release : 2008-03-07
Category : Business & Economics
ISBN : 9781134806232

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New Perspectives on Austrian Economics by Gerrit Meijer Pdf

In recent years there has been a spectacular revival of interest in the economics of the Austrian school. New Perspectives on Austrian Economics includes *A keynote chapter by Israel Kirzner on the question of subjectivism within Austrian Economics *Chapters on Menger, Hayek and Schumpeter *the Socialist Calculation debate *Austrian perspectives on key theoretical issues including Uncertainty and Business Cycle Theory *the policy implications of Austrian economics

Author : Romans Pancs
Publisher : MIT Press
Page : 339 pages
File Size : 41,6 Mb
Release : 2018-08-21
Category : Business & Economics
ISBN : 9780262038188

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Lectures on Microeconomics by Romans Pancs Pdf

Economic concepts and techniques presented through a series of "big questions," models that show how to pose a questions rigorously and work toward an answer. This book helps readers master economic concepts and techniques by tackling fundamental economic and political questions through a series of models. It is organized around a sequence of “big questions,” among them: When do markets help translate individuals' uncoordinated, selfish actions into outcomes that are best for all? Do markets change people, and, if so, for worse or better? Translated into the language of modern economics, do Marx's ideas have merit? Why is there so much income inequality? Or is there too little? The arguments are in the theorem-proof format, distinguishing results derived in the context of fully specified models from educated speculation. Readers will learn how to pose a question rigorously and how to work toward an answer, and to appreciate that even (especially!) the broadest and most ambitious questions call for a model. The goal of the book is not to indoctrinate but to show readers how to reason toward their own conclusions. The first chapter, on the Walrasian model of general equilibrium, serves as the prerequisite for the rest of the book. The remaining chapters cover less conventional topics, including the morality of markets; matching theory; Marxism, socialism, and the resilience of markets; a formalization of Kant's categorical imperative; unintended consequences of policy design; and theories of justice. The book can be used as a textbook for advanced undergraduate or graduate students or as a resource for researchers in disciplines that draw on normative economics.

Author : William David Anthony Bryant
Publisher : World Scientific
Page : 779 pages
File Size : 41,8 Mb
Release : 2023-02-17
Category : Business & Economics
ISBN : 9789811254727

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Lectures In The Microeconomics Of Choice: Foundations, Consumers, And Producers by William David Anthony Bryant Pdf

People pursue their own interests, whatever those interests might be. Some people have interests that are narrow and selfish, while others have interests that are broad and altruistic. The idea that people are self-interested underpins all of economic analysis and raises two fundamental questions: 1. How do people choose the actions they think will further their own interests? 2. Can the potentially conflicting interests of different people be made to 'mesh' in some sort of socio-economic equilibrium? This book is devoted to a detailed study of the first question. Its Companion Volume (Economy-Wide Microeconomics: Equilibrium, Optimality, Applications and Tests) makes a detailed study of the second question.Following some foundational remarks, this book studies the Arrow-Debreu theory of consumer choice. That theory supposes people choose so as to maximize a complete, continuous, transitive, and reflexive binary preference relation over a non-empty and compact choice set. The book then studies numerous refinements, generalizations and extensions of each of these restrictions — up to and including recent work on Behavioral theories of choice and choice behaviour when preferences are intransitive/incomplete/discontinuous. Also considered is choice behaviour in environments that are not necessarily compact. A study is also made of intertemporal choice and choice under uncertainty. The study of Arrow-Debreu choice theory and its extensions are presented from the Primal, Dual, and Revealed Preference points of view.Consumers are not the only agents in the economy, as Producers are present as well. Beginning with a study of the Arrow-Debreu idea that producers choose from a convex production set so as to maximize profit, the book considers extensions and generalizations of this framework, particularly to non-convex environments. The study is presented from the Primal and Dual points of view.The final chapter in the book provides a link to its Companion Volume. The Chapter indicates how the theories of consumer and producer choice studied here help inform answers of the second question posed above.Resources are available to instructors who adopt this book. More details at www.worldscientific.com/worldscibooks/10.1142/12789-sm

Author : Edgar K. Browning,Mark A. Zupan
Publisher : Wiley
Page : 0 pages
File Size : 55,6 Mb
Release : 2008-11-24
Category : Business & Economics
ISBN : 0470128917

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Microeconomics by Edgar K. Browning,Mark A. Zupan Pdf

The 10th edition of Browning and Zupan's Microeconomics: Theory and Applications continues to motivate students and introduce them to current thinking in the field. This book appeals to students and instructors alike because of its accessibility, large number of applications, and the clear step-by-step manner in which graphs are introduced. In this new edition, the authors have included more applications and more mathematical material to reinforce students’ understanding of basic microeconomic principles. This knowledge of microeconomic theory will serve as an essential foundation for any business major or for those preparing for a future career as a business professional.

Author : Lee S. Friedman
Publisher : McGraw-Hill Companies
Page : 640 pages
File Size : 46,7 Mb
Release : 1984
Category : Economic policy
ISBN : UCSC:32106007505875

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Microeconomic Policy Analysis by Lee S. Friedman Pdf