Microeconomic Foundations I (eBook)

Choice and Competitive Markets

David M. Kreps (Autor)

eBook Download: EPUB

2012
584 Seiten
Princeton University Press (Verlag)
978-1-4008-4536-1 (ISBN)

Infos

A guide to mastering microeconomic theoryMicroeconomic Foundations I develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and results connected to them.Provides a rigorous treatment of some of the basic tools of economic modeling and reasoning, along with an assessment of the strengths and weaknesses of these toolsComplements standard textsCovers choice, preference, and utility; structural properties of preferences and utility functions; basics of consumer demand; revealed preference and Afriat's Theorem; choice under uncertainty; dynamic choice; social choice and efficiency; competitive and profit-maximizing firms; expenditure minimization; demand theory (duality methods); producer and consumer surplus; aggregation; general equilibrium; efficiency and the core; GET, time, and uncertainty; and other topicsFeatures a free web-based student's guide, which gives solutions to approximately half the problems, and a limited-access instructor's manual, which provides solutions to the rest of the problemsContains appendixes that review most of the specific mathematics employed in the book, including a from-first-principles treatment of dynamic programming

Autor

David M. Kreps is the Adams Distinguished Professor of Management at Stanford University's Graduate School of Business. His books include A Course in Microeconomic Theory (Princeton), Game Theory and Economic Modelling, Notes on the Theory of Choice, and Microeconomics for Managers.

Produkt-Details

• Erscheint lt. Verlag: 28.10.2012
• Zusatzinfo: 46 line illus. 5 tables.
• Verlagsort: Princeton
• Sprache: englisch
• Themenwelt: Wirtschaft ► Allgemeines / Lexika
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Mikroökonomie
• Schlagworte: absolute value • Addition • Almost surely • asset • Bounded set (topological vector space) • budget constraint • Budget set • Choice function • Commodity • Compact space • Comparative statics • concave function • consumer • consumer choice • continuous function • convex combination • convex function • convex hull • Convex preferences • convex set • corollary • Cost curve • counterexample • Decision-Making • Decision problem • Decision Theory • demand • Demand curve • Derivative • Differentiable function • Dimension (vector space) • dividend • Division by zero • Dynamic Programming • Economic equilibrium • Economics • economist • Edgeworth Box • Efficiency • Euclidean space • existential quantification • expected value • Expenditure function • Externality • Finite set • Fixed-point theorem • General Equilibrium Theory • hyperplane • income • Indifference curve • Indirect utility function • Inequality (mathematics) • Infimum and supremum • insurance • Integer • Limit point • Loss Function • marginal utility • Mathematical Induction • Mathematical Optimization • Mathematics • Microeconomics • Monotonic Function • Natural number • optimization problem • Orthant • Parameter • Pareto Efficiency • partial derivative • Preference • Preference (economics) • Preference Relation • Probability • Probability Distribution • Profit Maximization • Quantity • real number • Relative price • Requirement • Revealed preference • Risk Aversion • Roy's identity • saving • Semi-continuity • Slutsky equation • Special case • subsequence • Subset • Summation • Supply (economics) • Textbook • Theorem • theory • Trade-off • Uncertainty • Upper and lower bounds • Utility • Walras' law • Wealth • Welfare Economics
• ISBN-10: 1-4008-4536-X / 140084536X
• ISBN-13: 978-1-4008-4536-1 / 9781400845361