Microeconomics Books

On October 24 and 25, 1980, the Center for the Study of American Business at Washington University and the Federal Reserve Bank of St. Louis cosponsored their fifth annual conference, "The Supply-Side Effects of Economic Policy...

On May 20, 1976, the Economics Department of the City College of the City University of New York held its fourth annual conference. Eight papers followed by eight com­ ments were delivered on the topic of "Economics of Informa­...

The fateful days of the great stock market crash entered modem history almost 50 years ago to this day. The cyclic turning point of the U. S. economy oc­ curred, however, around June 1929, and economic activity receded...

The current paradigm of forest economics is based on Faustmann Formulation (FF) of land expectation value proposed by Martin Faustmann. It was a great achievement by a forester to propose a formulation that captures some fundamental economic features of...

The use of growth functions for estimating developments in consumer demand is already rather old. In many books on 'mathematics for economists' one can find one or more examples of growth functions, however, usually without any...

This study provides an estimate of the size of the informal economy in the Nether­ lands in the period 1965-1982. In this study the informal economy has been defined statistically as that part of the non-registered national...

Soon after starting work on the development of a methodology for national trans­ portation planning in Venezuela, we realized the importance of an integrated management process for such an effort. We also realized the absence...

In production and service sectors we often come across situations where females remain largely overshadowed by males both in terms of wages and productivity. Men are generally assigned jobs that require more physical work while the 'less' strenuous job...

The book provides a comprehensive examination of patterns and determinants of production networks in East Asia, a key driver in the region's global success. It provides the reader with an accessible understanding of the theoretical literature on...

This book aims to explain to the readers the basic idea of the general equilibrium theory, which forms the core of the current mainstream economics called neoclassical school. To understand this theory is absolutely necessary, either to study further or...

Alexander von Kotzebue investigates the interdependency of charitable giving, fundraising, and governmental intervention. His study comprises a literature survey, a model of the donor-fundraiser relation, and finally, an econometric analysis of the...

Most of our daily decisions are made under uncertainty and risk, without complete information about all relevant aspects. We all constantly make such decisions, from the simplest "should I take my raincoat today?" to more serious examples, such as those...

This book has an objective and a focus. It provides the reader with: • an in-depth acquaintance with the theory of the firm developed by Erich Gutenberg • an insight into a coherent body of current German research in the theory...

This book is a substantially revised and enlarged version of the monograph General Equilibrium with Increasing Returns, published by Springer-Verlag as a Lecture Notes volume in 1996. It incorporates new topics and the most...

This book describes the voting procedures by which majority rule may be replaced by a more consensual system of governance. In a word, such an inclusive polity can be achieved by asking the voters or, more usually, their representatives in councils and...

Many decision problems in Operations Research are defined on temporal networks, that is, workflows of time-consuming tasks whose processing order is constrained by precedence relations. For example, temporal networks are used to model projects, computer...

In January 2005, the German government enacted a substantial reform of the welfare system, the so-called "Hartz IV reform". This book evaluates key characteristics of the reform from a microeconometric perspective. It investigates whether a centralized...

The Classical Cournot Model.- Concave Oligopolies.- General Oligopolies.- Modified and Extended Oligopolies.- Oligopolies with Misspecified and Uncertain Price Functions, and Learning.- Overview and Directions for Future Research.

Motivation and a Few Cases.- Simple Sharing Problems.- Cost Allocation as Cooperative Games.- General Sharing Problems.- Sharing in Networks.

Increasing efficiency in generating national income and improving equity in its distribution among economic agents is at the forefront of priorities of most modern economies. This book presents a model which aims to maximize a symmetrical welfare...

This collection of thirteen essays on social ethics and normative economics honouring Serge-Christophe Kolm's seminal contributions to this field addresses the following questions: How should the public sector price its production and services? What are...

Artificial economics aims to provide a generative approach to understanding problems in economics and social sciences. It is based on the consistent use of agent-based models and computational techniques. It encompasses a rich...

In his book „Marktform und Gleichgewicht", published initially in 1934, Heinrich von Stackelberg presented his groundbreaking leadership model of firm competition. In a work of great originality and richness, he described and analyzed a market situation...

Spatial Monopsony.- Simple Static Monopsony.- Short-Run Spatial Monopsony.- Long-Run Spatial Monopsony.- Spatial Monopsony and the Gender Pay Gap.- Spatial Monopsony and Regional Differences in the Gender Pay Gap.- Dynamic Monopsony.- Simple Dynamic...

The Arts, Economics and Valuation.- Using Economic Impact Studies to Value the Arts.- Calculating Economic Impact.- The Contingent Valuation Method.- Using Willingness to Pay Studies to Value Cultural Goods.- The Choice Experiment Method and Use.-...

This volume collects papers from Hugo Sonnenschein's students. It aims to demonstrate his tremendous impact as an advisor. The papers span decades and present some of the most important articles in microeconomic theory. Each...

When Murat Sertel asked us whether we would be interested in organizing a special issue of the Review of Economic Design on the formation of networks and groups, we were happy to accept because of the growing research on this...

Motivated employees play a crucial role in creating a companys sustainable competitive advantage. Successful Management by Motivation shows that in a knowledge-based society, this goal cannot be achieved by extrinsic motivation...

This book describes a laboratory experiment designed to test the causes and properties of bubbles in financial markets and explores the question whether it is possible to design markets which avoid such bubbles and crashes. In the experiment, subjects...

This book on Classical micro- and macrodynamics includes revised versions of papers which were written between 1983 and 2000, some jointly with co-authors, and it supplements them with recent work on the issues which are raised...

Studienarbeit aus dem Jahr 2011 im Fachbereich VWL - Mikroökonomie, allgemein, Note: 1,0, Albert-Ludwigs-Universität Freiburg (Institute for Research in Economic Evolution), Veranstaltung: Entscheidungsfindung unter Ambiguität (Decision Making Under...

Diploma Thesis from the year 2011 in the subject Economics - Micro-economics, grade: 2,0, Humboldt-University of Berlin (Wirtschaftstheorie II), course: VWL - Mikroökonomie, Industrial Organization, language: English, abstract: ...Farell and Shapiro...

This work uses various model frameworks to study the evolution of equilibria in an open loop evolving economy in which the model characteristics evolve without any directional restrictions except for continuity. Applying...

This book deals with the omitted variable tests for a multivariate time-series regression model. What are the consequences of testing for the omission of a variable when the model is dynamically misspecified? What is the small...

3 Domenico Delli Gatti!, Mauro GallegatF, Alan P. Kirman ! ITEMQ, Catholic University, Milan, Italy 2 MET, University of Teramo, Italy 3 GREQAM, Universite d'Aix-Marseille, Ecole des Hautes Etudes en Sciences Sociales, and...

This thesis is a theoretical study of the optimal dynamic policies of a, to some extent, slowly adjusting firm that faces an exogeneously given technological progress and an exogeneously given business cycle. It belongs to the...

1. The Idea behind the workshop was that of calling attention to the necessity of studying long term tendencies In economic growth. We believe that actual growth processes In capitalistic economies are not smooth phenomena and...

The year-long consultations on Basel II mirror the international popularity of capital requirements as a regulatory instrument. Yet, the impact of capital requirements on banks' behavior is not fully understood. The aim of this...

A presentation of the basic models of the most important economic agents (households, firms, the banking system etc.). The influence of ethics on the decisions of persons is discussed within the context of mutual...

Corporate governance reform is currently on the agenda in the European Union, the United States, Japan and in emerging market economies. This book takes a fresh look at the reform debate by focusing on the trade-offs involved...

Dieses Lehrbuch vermittelt eine umfassende Einführung in die theoretischen und empirischen Grundlagen der Industrieökonomik. Einleitend werden die verschiedenen Elemente der Theorie der Firma diskutiert. Anschließend werden das...

Classical microeconomics is intended to explain how a price system is able to coordinate the economic agents. But even if it can be extended to incomplete information and externalities, it remains grounded on very heroic...

Over the last decades, technological progress has brought about a multitude of standardization problems. For instance, compatibility standards ensure the interoperability of goods, which is of decisive importance when users...