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dc.contributor.authorOsborne, Martin
dc.contributor.authorRubinstein, Ariel
dc.date.accessioned2023-07-05T09:16:14Z
dc.date.available2023-07-05T09:16:14Z
dc.date.issued2023
dc.identifier.urihttps://library.oapen.org/handle/20.500.12657/63820
dc.description.abstractModels 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. Part III (Chapters 15-16) provides an introduction to game theory, covering strategic and extensive games and the concepts of Nash equilibrium and subgame perfect equilibrium. Part IV (Chapters 17-20) gives a taste of the topics of mechanism design, matching, the axiomatic analysis of economic systems, and social choice. The book focuses on the concepts of model and equilibrium. It states models and results precisely, and provides proofs for all results. It uses only elementary mathematics (with almost no calculus), although many of the proofs involve sustained logical arguments. It includes about 150 exercises. With its formal but accessible style, this textbook is designed for undergraduate students of microeconomics at intermediate and advanced levels.en_US
dc.languageEnglishen_US
dc.subject.classificationthema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophyen_US
dc.subject.classificationthema EDItEUR::J Society and Social Sciences::JH Sociology and anthropology::JHB Sociology::JHBC Social research and statisticsen_US
dc.subject.classificationthema EDItEUR::K Economics, Finance, Business and Managementen_US
dc.subject.othermicroeconomic theory;basic models;models of an economic agent;equilibrium;game theory;mechanism design;matching;axiomatic analysis of economic systems;social choice;undergraduate studentsen_US
dc.titleModels in Microeconomic Theoryen_US
dc.title.alternativeExpanded Second Edition (He)en_US
dc.typebook
oapen.identifier.doi10.11647/OBP.0362en_US
oapen.relation.isPublishedBy23117811-c361-47b4-8b76-2c9b160c9a8ben_US
oapen.relation.isbn9781805111245en_US
oapen.relation.isbn9781805111252en_US
oapen.collectionScholarLeden_US
oapen.pages382en_US
oapen.place.publicationCambridgeen_US


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