Price Theory and Applications: Decisions, Markets, and InformationCambridge University Press, 2005 M09 12 - 630 páginas This new seventh edition of the book offers extensive discussion of information, uncertainty, and game theory. 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. These discussions generally describe recent research published in scholarly books and articles, giving students a good idea of the scientific work done by professional economists. In addition, at appropriate places the text provides 'applications' representing more extended discussions of selected topics including rationing in wartime (Chapter 5), import quotas (Chapter 7), alleged monopolistic suppression of inventions (Chapter 9), minimum wage laws (Chapter 11), the effects of Social Security upon saving (Chapter 15), fair division of disrupted property (Chapter 16) and whether individuals should pay ransom to a kidnapper (Chapter 17). |
Dentro del libro
Página 13
Male risk-taking may make biological sense, since males must compete harder with one another to gain the ... also said: Howselfish soever man maybe supposed, there are evidently some principles in his nature, which interest him in the ...
Male risk-taking may make biological sense, since males must compete harder with one another to gain the ... also said: Howselfish soever man maybe supposed, there are evidently some principles in his nature, which interest him in the ...
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Contenido
3 | |
27 | |
II Preference Consumption and Demand | 67 |
3 Utility and Preference | 69 |
4 Consumption and Demand | 93 |
5 Applications and Extensions of Demand Theory | 127 |
III The Firm and the Industry | 155 |
6 The Business Firm | 157 |
12 The Demand for Factor Services | 339 |
13 Resource Supply and FactorMarket Equilibrium | 375 |
V Exchange | 407 |
14 Exchange Transaction Costs and Money | 409 |
VI Economics and Time | 453 |
15 The Economics of Time | 455 |
VII Political Economy | 495 |
The Market and the State | 497 |
7 Equilibrium in the Product Market Competitive Industry | 191 |
8 Monopolies Cartels and Networks | 221 |
9 Product Quality and Product Variety | 257 |
Oligopoly and Strategic Behavior | 279 |
11 Dealing with Uncertainty The Economics of Risk and Information | 307 |
IV Factor Markets and Income Distribution | 337 |
17 Government Politics and Conflict | 537 |
Answers to Selected Questions | 567 |
Name Index | 597 |
Subject Index | 601 |
Otras ediciones - Ver todas
Price Theory and Applications: Decisions, Markets, and Information Jack Hirshleifer,Amihai Glazer,David Hirshleifer Vista previa limitada - 2005 |
Price Theory and Applications: Decisions, Markets, and Information Jack Hirshleifer,Amihai Glazer,David Hirshleifer Sin vista previa disponible - 2005 |
Términos y frases comunes
aggregate amount autarky Average Cost benefit budget line buyers cartel Chapter choice choose commodity competitive conflict Consumer Surplus consumption Cost function defined definition demand curve diagram economic profit economists endowment Engel Curve equal equation equilibrium price example exchange Expansion Path external factor Figure financial find firm firm’s first fixed higher hire-price horizontal income effect increase indifference curve individual industry inefficient input interest rate intersection investment labor less long-run lower Marginal Cost Marginal Product Marginal Revenue Marginal Utility maximize monopolist monopoly mrpa MRSC Nash equilibrium numeraire oligopoly optimal optimum output q Panel payoffs player positive possible preferences Price Expansion Path price ratio Producer Surplus profit-maximizing profitable quantity rational Reaction Curves reduce reflect rises sellers shift short-run shows slope solution specific strategy substitution effect supply curve Suppose Table tangency Total Cost Total Revenue trade unit variable versus wage workers zero
Pasajes populares
Página 13 - How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it except the pleasure of seeing it.
Página 72 - By the principle of utility is meant that principle which approves or disapproves of every action whatsoever, according to the tendency which it appears to have to augment or diminish the happiness of the party whose interest is in question: or, what is the same thing in other words, to promote or to oppose that happiness.
Página 72 - Nature has placed mankind under the governance of two sovereign masters, pain and pleasure. It is for them alone to point out what we ought to do, as well as to determine what we shall do.
Página 19 - In civilized society, he stands at all times in need of the co-operation and assistance of great multitudes, while his whole life is scarce sufficient to gain the friendship of a few persons.
Página 25 - There are few ways in which a man can be more innocently employed than in getting money.
Página 450 - And much as Wine has play'd the Infidel, And robb'd me of my Robe of Honour — well, I often wonder what the Vintners buy One half so precious as the Goods they sell.
Página 6 - The battle to feed all of humanity is over. In the 1970s the world will undergo famines — hundreds of millions of people are going to starve to death in spite of any crash programs embarked upon now.
Página 526 - We must all hang together, or assuredly we shall all hang separately.
Página 318 - The Market for Lemons: Quality Uncertainty and the Market Mechanism," Quarterly Journal of Economics 84, no.
Página 4 - I should say, like some we have heard of; no, a dreary, desolate, and indeed quite abject and distressing one; what we might call, by way of eminence, the dismal science.