A Course in Microeconomic Theory (eBook, 2020) [WorldCat.org]
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A Course in Microeconomic Theory
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A Course in Microeconomic Theory

Author: David M Kreps; Project Muse.
Publisher: Princeton, N.J. : Princeton University Press, Baltimore, Md. : Project MUSE, 2020. 0000 2020.
Series: Book collections on Project MUSE.
Edition/Format:   eBook : Document : English : New editionView all editions and formats
Summary:
David M. Kreps has developed a text in microeconomics that is both challenging and "user-friendly." The work is designed for the first-year graduate microeconomic theory course and is accessible to advanced undergraduates as well. Placing unusual emphasis on modern noncooperative game theory, it provides the student and instructor with a unified treatment of modern microeconomic theory - one that stresses the  Read more...
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Details

Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: David M Kreps; Project Muse.
ISBN: 9780691215747 069121574X
OCLC Number: 1227051928
Description: 1 online resource (864 pages) : illustrations
Series Title: Book collections on Project MUSE.
Responsibility: David M. Kreps.

Abstract:

David M. Kreps has developed a text in microeconomics that is both challenging and "user-friendly." The work is designed for the first-year graduate microeconomic theory course and is accessible to advanced undergraduates as well. Placing unusual emphasis on modern noncooperative game theory, it provides the student and instructor with a unified treatment of modern microeconomic theory - one that stresses the behavior of the individual actor (consumer or firm) in various institutional settings. The author has taken special pains to explore the fundamental assumptions of the theories and techniques studied, pointing out both strengths and weaknesses. The book begins with an exposition of the standard models of choice and the market, with extra attention paid to choice under uncertainty and dynamic choice. General and partial equilibrium approaches are blended, so that the student sees these approaches as points along a continuum. The work then turns to more modern developments. Readers are introduced to noncooperative game theory and shown how to model games and determine solution concepts. Models with incomplete information, the folk theorem and reputation, and bilateral bargaining are covered in depth. Information economics is explored next. A closing discussion concerns firms as organizations and gives readers a taste of transaction-cost economics. --

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"The most complete, enjoyable, and worthwhile textbook treating both traditional and modern microeconomic theory." * Journal of Economics *

 
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