Microeconomics A Modern Approach

ISBN-10: 0321077474

ISBN-13: 9780321077479

Edition: 3rd 2001

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
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