Microeconomics Optimization, Experiments, and Behavior
List price: $82.00
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Description: Introductory economics textbooks teach the traditional, neoclassical theories of individual behavior, first put forth by figures like Adam Smith. Research in experimental and behavioral economics, however, shows that people choose rationally only part of the time. Often they lack the resources to make optimal decisions. The most innovative feature of this textbook is its extensive coverage of this recent research in cognitive psychology and behavioral and experimental economics. It not only documents behavior inconsistent with traditional theory, but also advances positive theories with superior predictive power. At the same time, it will teach the essential traditional theories, and therefore offer complete historical coverage of a rapidly changing field.
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All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $82.00
Copyright year: 2006
Publisher: Oxford University Press, Incorporated
Publication date: 4/20/2006
Size: 7.00" wide x 10.00" long x 0.75" tall
|The Origins and Scope of Microeconomics|
|Inputs, Outputs, and Costs|
|Cost Minimalization Using Linear Programming|
|Production and Costs|
|The Production Decisions of Competitive Firms|
|Marginal Products and Factor Proportions|
|Comparative Advantage and Gains from Trade|
|Allocation of Factors in Competitive Markets|
|Consumer Choice and Demand|
|Exchange and Product Assortment|
|Loss Aversion and Reference-dependent Preferences|
|The Context and Framing of Choice|
|Monopology and Monopsony Power|
|Oligopoly and Oligopsony: Classic Models|
|Economics and Time|
|Inconsistent Intemporal Choice|
|Economics of Risk|
|Behavior in the Face of Risk|
|Game Theory and Modern Models of Oligopoly|
|Time, Risk, and Investment|
|Assets, Investment and Financial Markets|
|Government's Roles in the Economy|