Models in Microeconomic Theory

Models in Microeconomic Theory
Author :
Publisher : Open Book Publishers
Total Pages : 382
Release :
ISBN-10 : 9781805111238
ISBN-13 : 180511123X
Rating : 4/5 (23X Downloads)

Book Synopsis Models in Microeconomic Theory by : Martin J. Osborne

Download or read book Models in Microeconomic Theory written by Martin J. Osborne and published by Open Book Publishers. This book was released on 2023-06-26 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 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 (Chapters 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 (Chapters 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 (Chapters 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.


Models in Microeconomic Theory Related Books

Models in Microeconomic Theory
Language: en
Pages: 382
Authors: Martin J. Osborne
Categories: Business & Economics
Type: BOOK - Published: 2023-06-26 - Publisher: Open Book Publishers

GET EBOOK

Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstr
Models in Microeconomic Theory
Language: en
Pages: 382
Authors: Martin J. Osborne
Categories: Business & Economics
Type: BOOK - Published: 2023-06-26 - Publisher: Open Book Publishers

GET EBOOK

Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstr
Lecture Notes in Microeconomic Theory
Language: en
Pages: 167
Authors: Ariel Rubinstein
Categories: Business & Economics
Type: BOOK - Published: 2012-03-04 - Publisher: Princeton University Press

GET EBOOK

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
Intermediate Microeconomic Theory
Language: en
Pages: 506
Authors: Ana Espinola-Arredondo
Categories: Business & Economics
Type: BOOK - Published: 2020-10-27 - Publisher: MIT Press

GET EBOOK

A short, rigorous introduction to intermediate microeconomic theory that offers worked-out examples, tools for solving exercises, and algebra support. This book
A Course in Microeconomic Theory
Language: en
Pages: 869
Authors: David M. Kreps
Categories: Business & Economics
Type: BOOK - Published: 2020-06-23 - Publisher: Princeton University Press

GET EBOOK

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 microeconom