Models in Microeconomic Theory

Models in Microeconomic Theory

Economic theory ,
Social research,
Economics

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.

Martin Osborne,
Ariel Rubinstein

https://library.oapen.org/bitstream/handle/20.500.12657/63820/9781805111269.pdf?sequence=1

Open Book Publishers

2023

Mustabsyirah

Creative Commons

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English

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