Topics in Microeconomics
Author | : Elmar Wolfstetter |
Publisher | : Cambridge University Press |
Total Pages | : 388 |
Release | : 1999-10-28 |
ISBN-10 | : 0521642280 |
ISBN-13 | : 9780521642286 |
Rating | : 4/5 (286 Downloads) |
Download or read book Topics in Microeconomics written by Elmar Wolfstetter and published by Cambridge University Press. This book was released on 1999-10-28 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book in microeconomics focuses on the strategic analysis of markets under imperfect competition, incomplete information, and incentives. Part I of the book covers imperfect competition, from monopoly and regulation to the strategic analysis of oligopolistic markets. Part II explains the analytics of risk, stochastic dominance, and risk aversion, supplemented with a variety of applications from different areas in economics. Part III focuses on markets and incentives under incomplete information, including a comprehensive introduction to the theory of auctions, which plays an important role in modern economics.