Microeconomics A Modern Approach

Name: Microeconomics A Modern Approach
Price: 105.26 USD
Availability: InStock
ISBN: 9780321077479

ISBN-10: 0321077474

ISBN-13: 9780321077479

Edition: 3rd 2001

Authors: Andrew R. Schotter

List price: $150.67

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Book details

List price: $150.67
Edition: 3rd
Copyright year: 2001
Publisher: Addison-Wesley Longman, Incorporated
Publication date: 8/2/2000
Binding: Hardcover
Pages: 752
Size: 7.50" wide x 9.00" long x 1.25" tall
Weight: 2.948
Language: English




Economics and Institutions: A Shift of Emphasis



Consumers and Their Preferences



Demand and Behavior in Markets



The Demand Curve



The Expenditure Function



Price-Compensating Variations



The Problem of Exchange



The Shrinking of the Core



Pareto Optima and the Contract Curve



Competitive Equilibrium and Pareto Optimality



The Discovery of Production and Its Technology



The Production Function



Cost and Choice



The Cost Function



Game Theory and the Tools of Strategic Business Analysis



Games of Incomplete Information



Repeated Games



The Internal Organization of the Firm



The Age of Entrepreneurship: Monopoly



The Monopoly Problem



Price Discrimination



Natural Monopoly and the Economics of Regulation



The Allocation of Common Costs: Cross-Subsidization



Franchise Monopoly



The World of Oligopoly: Preliminaries to Successful Entry



Nash Equilibrium in Duopoly



Implicit Collusion and Repeated Games



Market Entry and the Emergence of Perfect Competition



Incomplete Information and Entry Prevention



Perfectly Competitive Markets



Two Welfare Propositions



Uncertainty and the Emergence of Insurance



General Equilibrium and the Origins of the Free-Market and Interventionist Ideologies



Moral Hazard and Adverse Selection: Informational Market Failures



Externalities: The Free Market-Interventionalist Battle Continues



Excess Production Under Externalities



Public Goods, the Consequences of Strategic Voting Behavior, and the Role of Government



Input Markets and the Origins of Class Conflict


Answers to Selected Exercises and Problems


Index