Price Theory and Applications: Decisions, Markets, and Information

ISBN-13: 9780521523424 / Angielski / Miękka / 2005 / 632 str.

Jack Hirshleifer

Opis

Featuring extensive coverage of information, uncertainty, and game theory, this volume is a new edition of a classic textbook in intermediate microeconomics. It contains over a hundred examples illustrating the applicability of economic analysis not only to mainline economic topics but also issues in politics, history, biology, the family, and many other areas. The text generally describes recent research published in scholarly books and articles, providing students with a good idea of the scientific work done by professional economists in a variety of areas. Jack Hirshleifer is Distinguished Professor of Economics, Emeritus at the University of California, Los Angeles Amihai Glazer is Professor of Economics at the University of California, Irvine David Hirshleifer holds the Ralph M. Kurtz Chair of Finance at The Ohio State University.

Recenzje

'When I needed a text for intermediate microeconomics, I had three criteria in mind: (1) a rigorous exposition that included calculus and yet did not require the reader to be a mathematician, (2) a discussion of cardinal versus ordinal utility with a 3-D graph showing indifference curves as contour lines on a utility surface, and (3) a book containing lots of real-world examples and applications. When I opened Price Theory and Applications, I knew my search had ended. Its wonderful treatment of capital theory - in particular the often neglected distinction between rent and interest - was just icing on the cake. Robert Murphy, Hillsdale College, Michigan

Spis treści

1. The nature and scope of economics; 2. Working tools; 3. Utility and preference; 4. Consumption and demand; 5. Applications and extensions of demand theory; 6. The business firm; 7. Equilibrium in the product market - competitive industry; 8. Monopolies, cartels and networks; 9. Product quality and product variety; 10. Competition among the few: oligopoly and strategic behavior; 11. Dealing with uncertainty - the economics of risk and information; 12. The demand for factor services; 13. Resource supply and factor-market equilibrium; 14. Exchange, transaction costs and money; 15. The economics of time; 16. Welfare economics: the market and the state; 17. Government, politics and conflict.