Modern Microeconomics
Publisher: Bookboon.com
Published: 2013
ISBN-13: 9788740304190
Table of contents: title: Sisältö; title: Preface; title: Acknowledgement; title: Consumer preference and utility; title: Introduction; title: Preference relations; title: Utility function; title: Lexicographic ordering; title: Demand function; title: Revealed Preference Theory; title: The Weak Axiom of Revealed Preference (WARP); title: Indirect utility function; title: Expenditure function; title: The expenditure minimization problem; title: The Hicksian demand function; title: The Von Neumann-Morganstern utility function; title: Measures of Risk Aversion; title: Questions; title: The Production Function; title: Inputs to output function; title: Technology specification; title: Input requirement set; title: The transformation function; title: Monotonic technologies; title: Convex technology; title: Regular technology; title: Cobb-Douglas technology; title: Leontief technology; title: The technical rate of substitution; title: Elasticity of substitution; title: Variation in scale; title: Revised technical rate of substitution; title: Homogenous and heterogeneous production function; title: The Envelope theorem for constrained optimization; title: Duality of cost and the production function; title: Michael Kalechi’s theory; title: Neo-Keynesian model of distribution (Kaldor Model); title: Questions; title: Game Theory; title: Introduction; title: The rules of the Game; title: The prisoner’s dilemma: A dominant strategy; title: Equilibrium strategies; title: The Cournot model; title: Solution to the Cournot model by the Stackelberg equilibrium; title: The Bertrand paradox; title: Intertemporal dimensions; title: The folk theorem; title: Conclusion; title: Questions; title: Information Economics; title: Introduction; title: The asymmetric information model; title: The principal-agent model: The production game; title: Optimal contracts: The Broadway game; title: Moral hazard: Hidden information; title: Pooling and separating equilibrium: the salesman game; title: Efficiency wage hypothesis; title: Adverse selection; title: Lemon models; title: Adverse selection under uncertainty: Insurance game III; title: Signalling; title: Screening; title: Questions; title: General equilibrium and welfare economics; title: Introduction; title: The Walrasian equilibrium of a competitive economy; title: Stability proposition; title: Edgeworth’s exchange theory; title: Welfare economics; title: Pareto efficiency conditions; title: The Edgeworth box diagram; title: Welfare functions and the Pareto criterion; title: First theorem of welfare economics; title: The second theorem of welfare economics: (STWE); title: Market failure and second best; title: Instances of market failure; title: The Coase theorem; title: Questions; title: Bibliography