Microeconomics: Optimization, Experiments, and BehaviorOxford University Press, 20/04/2006 - 352 páginas In this book, John P. Burkett presents microeconomics as an evolving science, interacting with mathematics, psychology, and other disciplines and offering solutions to a growing range of practical problems. The book shows how early contributors such as Xenophon, Ibn Khaldun, and David Hume posed the normative and positive questions central to microeconomics. It expounds constrained optimization techniques, as developed by economists and mathematicians from Daniel Bernoulli to Leonid Kantorovich, emphasizing their value in deriving norms of rational behavior and testable hypotheses about typical behavior. Applying these techniques, the book introduces partial equilibrium analysis of particular markets and general equilibrium analysis of market economies. The book both explains how laboratory and field experiments are used in testing economic hypotheses and provides materials for classroom experiments. It gives extensive and innovative coverage of recent findings in cognitive psychology and behavioral economics, which not only document behavior inconsistent with some traditional theories, but also advance positive theories with superior predictive power. |
Índice
1 | |
2 Inputs Outputs and Costs | 19 |
3 Cost Minimization Using Linear Programming | 28 |
4 Production and Costs | 44 |
5 The Production Decisions of Competitive Firms | 60 |
6 Marginal Products and Factor Proportions | 69 |
7 Comparative Advantage and Gains from Trade | 75 |
8 Allocation of Factors in Competitive Markets | 90 |
16 Economics of Time | 194 |
17 Saving Behavior | 200 |
18 Inconsistent Intertemporal Choice | 207 |
19 Economics of Risk | 214 |
20 Behavior in the Face of Risk | 225 |
21 Game Theory and Modern Models of Oligopoly | 241 |
22 Time Risk and Investment | 251 |
23 Technological Change | 257 |
9 Consumer Choice and Demand | 99 |
10 Exchange and Product Assortment | 116 |
11 Loss Aversion and Referencedependent Preferences | 122 |
12 The Context and Framing of Choice | 137 |
13 Labor Supply | 146 |
14 Monopoly and Monopsony Power | 155 |
Classic Models | 180 |
24 Assets Investment and Financial Markets | 270 |
25 Governments Roles in the Economy | 278 |
Glossary | 297 |
307 | |
321 | |
Outras edições - Ver tudo
Microeconomics: Optimization, Experiments, and Behavior John P. Burkett Pré-visualização limitada - 2006 |
Microeconomics: Optimization, Experiments, and Behavior John P. Burkett Pré-visualização indisponível - 2006 |
Microeconomics: Optimization, Experiments, and Behavior John P. Burkett Pré-visualização indisponível - 2006 |
Palavras e frases frequentes
absolute value allocation assets assumption average cost behavior budget constraint buyers cabbage calculate capital Chapter choice choose comparative advantage competitive Consider consumer surplus consumption bundle corner solution cost curve Cournot demand curve denote diet problem discount drug economic economists elasticity of demand endowment effect entry equal equation equilibrium example expected utility experiment factor firm income increase indifference curve individual industry inputs interest rate interior solution investors isocost isocost line isoquant Kahneman kink linear programming loss aversion marginal cost marginal product marginal rate maximize monopolist monopolistically competitive monopoly mugs opportunity cost optimal outcomes output Pareto set patent percentage change player positive preferences present value price discrimination probability production function production possibilities frontier profit prospect theory ratio relative price returns to scale revenue risk risk-averse sell sellers strategies subjects supply curve Suppose trade Tversky utility function variables wage rate wealth wheat workers zero