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

DOWNLOAD 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
Microeconomic Modeling in Urban Science
Language: en
Pages: 296
Authors: Francisco Martinez Concha
Categories: Business & Economics
Type: BOOK - Published: 2018-07-10 - Publisher: Academic Press

DOWNLOAD EBOOK

Microeconomic Modeling in Urban Science proposes an interdisciplinary framework for the analysis of urban systems. It portrays agents as rational beings modeled
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

DOWNLOAD 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
The Myths We Live By
Language: en
Pages: 297
Authors: Mary Midgley
Categories: Education
Type: BOOK - Published: 2011-04 - Publisher: Taylor & Francis

DOWNLOAD EBOOK

With a new Introduction by the author 'An elegant and sane little book. – The New Statesman Myths, as Mary Midgley argues in this powerful book, are everywher
Models in Microeconomic Theory
Language: en
Pages: 362
Authors: Martin Osborne
Categories: Business & Economics
Type: BOOK - Published: 2020-03-18 - Publisher:

DOWNLOAD EBOOK

The book focuses on the concepts of model and equilibrium. It states models and results precisely, and provides proofs for all results.