Microeconomic Foundations I

Author : David M. Kreps
Publisher : Princeton University Press
Page : 800 pages
File Size : 41,8 Mb
Release : 2023-05-23
Category : Business & Economics
ISBN : 9780691250144

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Microeconomic Foundations II by David M. Kreps Pdf

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

Author : David M. Kreps
Publisher : Princeton University Press
Page : 583 pages
File Size : 48,5 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780691155838

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Microeconomic Foundations I by David M. Kreps Pdf

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.

Author : David M. Kreps
Publisher : Princeton University Press
Page : 799 pages
File Size : 45,9 Mb
Release : 2023-01-03
Category : Business & Economics
ISBN : 9780691250137

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Microeconomic Foundations II by David M. Kreps Pdf

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

Author : David M. Kreps
Publisher : Princeton University Press
Page : 864 pages
File Size : 52,9 Mb
Release : 2020-06-23
Category : Business & Economics
ISBN : 9780691215747

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A Course in Microeconomic Theory by David M. Kreps Pdf

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.

Author : Christopher A. Pissarides
Publisher : Cambridge University Press
Page : 278 pages
File Size : 55,9 Mb
Release : 1976
Category : Business & Economics
ISBN : 052121064X

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Labour Market Adjustment by Christopher A. Pissarides Pdf

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.

Author : Edmund Phelps,Armen Albert Alchian,Charles C. Holt,Dale Mortensen,George Christopher Archibald,Robert E. Lucas,Leonard A. Rapping,Sidney G. Winter,John P. Gould,Donald F. Gordon,Allan Hynes,Donald A. Nichols,Paul Taubman,Maurice Wilkinson
Publisher : Unknown
Page : 0 pages
File Size : 53,7 Mb
Release : 1970
Category : Electronic
ISBN : OCLC:1228835418

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Microeconomic Foundations of Employment and Inflation Theory by Edmund Phelps,Armen Albert Alchian,Charles C. Holt,Dale Mortensen,George Christopher Archibald,Robert E. Lucas,Leonard A. Rapping,Sidney G. Winter,John P. Gould,Donald F. Gordon,Allan Hynes,Donald A. Nichols,Paul Taubman,Maurice Wilkinson Pdf

Author : David M. Kreps
Publisher : W W Norton & Company Incorporated
Page : 652 pages
File Size : 49,7 Mb
Release : 2004
Category : Business & Economics
ISBN : 0393976785

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Microeconomics for Managers by David M. Kreps Pdf

Developed over a ten year period at the Stanford Business School, this textbook underscores the connections between microeconomics and business. Its full-length, integrated case studies reveal how economic models can yield answers to practical problems.

Author : Hagen Bobzin
Publisher : Springer Science & Business Media
Page : 373 pages
File Size : 49,5 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9783642470301

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Indivisibilities by Hagen Bobzin Pdf

The analysis of this volume represents an attempt to apply modern mathematical techniques to the problems arising from large and significant indivisibilities. While the classical microeconomic theory refers to assumptions about the convexity of production sets and consumer preferences, this book directs the attention to indivisible commodities. It investigates the influence of the assumed indivisibilities of factors and goods on the results of the microeconomic theory of the firm, the theory of the household and market theory.

Author : David M. Kreps
Publisher : Oxford University Press
Page : 204 pages
File Size : 48,6 Mb
Release : 1990
Category : Mathematics
ISBN : 9780198283812

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Game Theory and Economic Modelling by David M. Kreps Pdf

Comprises lectures given at Tel Aviv University and Oxford University in 1990.

Author : David M. Kreps
Publisher : Princeton University Press
Page : 520 pages
File Size : 48,8 Mb
Release : 2019-01-29
Category : Business & Economics
ISBN : 9780691185477

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Microeconomics for Managers, 2nd Edition by David M. Kreps Pdf

A thoroughly revised new edition of a leading textbook that equips MBA students with the powerful tools of economics This is a thoroughly revised and substantially streamlined new edition of a leading textbook that shows MBA students how understanding economics can help them make smarter and better-informed real-world management decisions. David Kreps, one of the world’s most influential economists, has developed and refined Microeconomics for Managers over decades of teaching at Stanford’s Graduate School of Business. Stressing game theory and strategic thinking and driven by in-depth, integrated case studies, the book shows future managers how economics can provide practical answers to critical business problems. Focuses on case studies and real companies, such as Amazon, Microsoft, General Motors, United Airlines, and Xerox Covers essential topics for future managers—including price discrimination, Porter’s five forces, risk sharing and spreading, signaling and screening, credibility and reputation, and economics and organizational behavior Features an online supplement (available at micro4managers.stanford.edu) for students that provides solutions to the problems in the book, longer caselike exercises, review problems, a calculus review, and more

Author : David M. Kreps
Publisher : Unknown
Page : 0 pages
File Size : 49,6 Mb
Release : 2013
Category : Microeconomics
ISBN : LCCN:2012011926

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Microeconomic Foundations by David M. Kreps Pdf

Volume II of Microeconomic Foundations introduces models and methods at the centre 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 modelling and analysing 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 signalling, 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.

Author : Ariel Rubinstein
Publisher : Princeton University Press
Page : 167 pages
File Size : 54,8 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 : Xavier Freixas,Jean-Charles Rochet
Publisher : MIT Press
Page : 229 pages
File Size : 46,7 Mb
Release : 2023-08-22
Category : Business & Economics
ISBN : 9780262375290

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Microeconomics of Banking, third edition by Xavier Freixas,Jean-Charles Rochet Pdf

The third edition of a leading text on the microeconomic foundations of banking, comprehensively updated with new coverage of the 2008 Global Financial Crisis, fintech, and the latest research in banking theory. The banking industry has undergone seismic change in the twenty-first century, from the overhaul of regulation in the wake of the 2008 Global Financial Crisis to the digitalization of the economy and the disruption of traditional business models by ascendant tech giants. Now in a comprehensively updated third edition, this essential graduate-level text on the microeconomic foundations of banking provides the rigorous theoretical approach required to understand these new structures and norms, functioning as a user’s guide to recent academic literature. Microeconomics of Banking offers a comprehensive view of the evolution of banking theory and the rapidly changing realm of financial intermediation, examining the central issues and offering the necessary tools for understanding how they have been modeled. New edition highlights: Up-to-date coverage of the latest research in banking theory as well as the events of the global financial crisis and resultant Basel III regulatory framework New chapters on liquidity and systemic risk New material throughout on cryptocurrencies, fintech, and other facets of a digitalized economy

Author : G.C. Harcourt
Publisher : Routledge
Page : 413 pages
File Size : 48,8 Mb
Release : 2019-03-13
Category : Political Science
ISBN : 9780429728167

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The Microeconomic Foundations of Macroeconomics by G.C. Harcourt Pdf

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.

Author : Anthony Endres
Publisher : Routledge
Page : 288 pages
File Size : 55,9 Mb
Release : 2002-01-31
Category : Business & Economics
ISBN : 9781134744480

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Neoclassical Microeconomic Theory by Anthony Endres Pdf

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 between the 1870's and 1930's. The author begins by exploring the initial stimulus provided by Carl Menger's work, and then demonstrates how the views of Menger, Weiser and Bohm-Bawerk complement one another and the tensions exhibited between them: the scope and method of economics; theories of choice; price theory; competition; entrepreneurship; and capital formation and distribution.