Lectures In The Microeconomics Of Choice
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Lectures In The Microeconomics Of Choice Foundations Consumers And Producers
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Author : William David Anthony Bryant
language : en
Publisher: World Scientific
Release Date : 2023-02-17
Lectures In The Microeconomics Of Choice Foundations Consumers And Producers written by William David Anthony Bryant and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-02-17 with Business & Economics categories.
People pursue their own interests, whatever those interests might be. Some people have interests that are narrow and selfish, while others have interests that are broad and altruistic. The idea that people are self-interested underpins all of economic analysis and raises two fundamental questions: 1. How do people choose the actions they think will further their own interests? 2. Can the potentially conflicting interests of different people be made to 'mesh' in some sort of socio-economic equilibrium? This book is devoted to a detailed study of the first question. Its Companion Volume (Economy-Wide Microeconomics: Equilibrium, Optimality, Applications and Tests) makes a detailed study of the second question.Following some foundational remarks, this book studies the Arrow-Debreu theory of consumer choice. That theory supposes people choose so as to maximize a complete, continuous, transitive, and reflexive binary preference relation over a non-empty and compact choice set. The book then studies numerous refinements, generalizations and extensions of each of these restrictions — up to and including recent work on Behavioral theories of choice and choice behaviour when preferences are intransitive/incomplete/discontinuous. Also considered is choice behaviour in environments that are not necessarily compact. A study is also made of intertemporal choice and choice under uncertainty. The study of Arrow-Debreu choice theory and its extensions are presented from the Primal, Dual, and Revealed Preference points of view.Consumers are not the only agents in the economy, as Producers are present as well. Beginning with a study of the Arrow-Debreu idea that producers choose from a convex production set so as to maximize profit, the book considers extensions and generalizations of this framework, particularly to non-convex environments. The study is presented from the Primal and Dual points of view.The final chapter in the book provides a link to its Companion Volume. The Chapter indicates how the theories of consumer and producer choice studied here help inform answers of the second question posed above.Resources are available to instructors who adopt this book. More details at www.worldscientific.com/worldscibooks/10.1142/12789-sm
Lectures In The Microeconomics Of Choice
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Author : William David Anthony Bryant
language : en
Publisher: World Scientific
Release Date : 2022
Lectures In The Microeconomics Of Choice written by William David Anthony Bryant and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with Electronic books categories.
Lecture Notes In Microeconomic Theory
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Author : Ariel Rubinstein
language : en
Publisher: Princeton University Press
Release Date : 2012-03-04
Lecture Notes In Microeconomic Theory written by Ariel Rubinstein and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-04 with Business & Economics categories.
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/.
Lectures On Microeconomics
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Author : Romans Pancs
language : en
Publisher: MIT Press
Release Date : 2018-08-21
Lectures On Microeconomics written by Romans Pancs and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-21 with Business & Economics categories.
Economic concepts and techniques presented through a series of "big questions," models that show how to pose a questions rigorously and work toward an answer. This book helps readers master economic concepts and techniques by tackling fundamental economic and political questions through a series of models. It is organized around a sequence of “big questions,” among them: When do markets help translate individuals' uncoordinated, selfish actions into outcomes that are best for all? Do markets change people, and, if so, for worse or better? Translated into the language of modern economics, do Marx's ideas have merit? Why is there so much income inequality? Or is there too little? The arguments are in the theorem-proof format, distinguishing results derived in the context of fully specified models from educated speculation. Readers will learn how to pose a question rigorously and how to work toward an answer, and to appreciate that even (especially!) the broadest and most ambitious questions call for a model. The goal of the book is not to indoctrinate but to show readers how to reason toward their own conclusions. The first chapter, on the Walrasian model of general equilibrium, serves as the prerequisite for the rest of the book. The remaining chapters cover less conventional topics, including the morality of markets; matching theory; Marxism, socialism, and the resilience of markets; a formalization of Kant's categorical imperative; unintended consequences of policy design; and theories of justice. The book can be used as a textbook for advanced undergraduate or graduate students or as a resource for researchers in disciplines that draw on normative economics.
Lectures On Microeconomic Theory
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Author : E. Malinvaud
language : en
Publisher: North Holland
Release Date : 1985
Lectures On Microeconomic Theory written by E. Malinvaud and has been published by North Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 1985 with Business & Economics categories.
This book deals with microeconomic theory as it concerns general economic equilibrium and the implications for prices and resource allocation. Students with a background in mathematics will find in this volume a broad, comprehensible overview of the ideas which have contributed to our understanding of general equilibrium.
Microeconomics For Business And Marketing
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Author : Peter E. Earl
language : en
Publisher: Edward Elgar Publishing
Release Date : 1995
Microeconomics For Business And Marketing written by Peter E. Earl and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Business & Economics categories.
This text, which is designed for intermediate-level students of microeconomics, offers a series of alternative approaches to economic analysis. It emphasizes practical problem-solving, making it relevant to students of business and commerce. As well as neoclassical microeconomics, it seeks to promote an awareness of different approaches, including the application of behavioural-institutionalist economics to real world problems. Rather than emphasizing technical set pieces, this book offers students a range of approaches such as behavioural theories of consumer choice and institutionalist analysis of the economics.
Lectures On Microeconomic Theory
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Author : Edmond Malinvaud
language : en
Publisher: Elsevier Science & Technology
Release Date : 1972
Lectures On Microeconomic Theory written by Edmond Malinvaud and has been published by Elsevier Science & Technology this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Microeconomics categories.
The structure of the micro-economic theory and its motivation.
Lecture Notes In Microeconomic Theory
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Author : Ariel Rubinstein
language : en
Publisher:
Release Date : 2012
Lecture Notes In Microeconomic Theory written by Ariel Rubinstein and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with Economics categories.
Science Of Mistakes The Lecture Notes On Economic Data Engineering
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Author : Andrew Caplin
language : en
Publisher: World Scientific
Release Date : 2023-05-16
Science Of Mistakes The Lecture Notes On Economic Data Engineering written by Andrew Caplin and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-16 with Business & Economics categories.
That mistakes are made is clear. What is meant by that is not. Measuring whatever might be meant and scientifically studying it is therefore even more challenging.These lectures introduce an interdisciplinary science of mistakes to cut the Gordian knot. The key building blocks are model constructs drawn from the economic tradition, methods of measurement drawn from the psychometric tradition, and analytic methods drawn from economic theory.
Introductory Microeconomics Lecture Notes
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Author : Robert Trost
language : en
Publisher: Kendall/Hunt Publishing Company
Release Date : 1996-07-01
Introductory Microeconomics Lecture Notes written by Robert Trost and has been published by Kendall/Hunt Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-07-01 with Business & Economics categories.