Principles of Microeconomics : An Integrative Approach |
Autore | Kolmar Martin |
Edizione | [2nd ed.] |
Pubbl/distr/stampa | Cham : , : Springer International Publishing AG, , 2021 |
Descrizione fisica | 1 online resource (500 pages) |
Disciplina | 338.5 |
Collana | Classroom Companion: Economics Ser. |
Soggetto topico |
Mikroökonomie
Microeconomics |
Soggetto genere / forma |
Lehrbuch
Electronic books |
ISBN | 9783030781675 |
Classificazione |
QC 100
83.11 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Part I Introduction -- 1 First Principles -- 1.1 What Is Economics About? -- 1.2 Some Methodological Remarks -- 1.2.1 True and Reasonable Theories -- 1.2.2 Theories and Models -- 1.2.3 The Virtue of Thriftiness -- 1.2.4 Do Assumptions Matter? -- 1.2.5 An Example -- 1.2.6 Critical Rationalism -- 1.2.7 Positive and Normative Theories -- 1.2.8 Schools of Economic Thought -- References -- Further Reading -- 2 Gains from Trade -- 2.1 Introduction -- 2.2 An Example -- 2.3 How General Is the Theory of Comparative Advantage? -- 2.4 Comparative Advantage and the Organization of Economic Activity -- References -- Further Reading -- Part II A Primer in Markets and Institutions -- 3 Introduction -- 3.1 General Remarks -- 3.2 Taxonomy of Markets -- References -- Further Reading -- 4 Supply and Demand Under Perfect Competition -- 4.1 Introduction -- 4.2 Determinants of Supply and Demand -- 4.3 Equilibrium -- 4.4 Equilibrium Analysis -- References -- Further Reading -- 5 Normative Economics -- 5.1 Introduction -- 5.2 Normative Properties of Competitive Markets -- 5.3 Willingness to Pay and Preferences -- References -- Further Reading -- 6 Externalities and the Limits of Markets -- 6.1 Introduction -- 6.2 Transaction Costs -- 6.2.1 An Example -- 6.2.2 Analysis of Externalities on Markets -- 6.2.3 The Bigger Picture -- 6.2.3.1 Externalities in Traffic -- 6.2.3.2 Environmental Externalities -- 6.2.3.3 Morality and Corporate Social Responsibility -- 6.2.3.4 Status -- 6.3 Four Boundary Cases -- References -- Further Reading -- Part III Foundations of Behavior and Interaction -- 7 Decisions and Consumer Behavior -- 7.1 Basic Concepts -- 7.1.1 Choice Sets and Preferences -- 7.1.2 Indifference Curves -- 7.1.3 Utility Functions -- 7.2 Demand on Competitive Markets.
7.2.1 Graphical Solution -- 7.2.2 Analytical Solution -- 7.2.2.1 Necessary Conditions for a Maximum -- 7.2.2.2 Sufficient Conditions for a Maximum -- 7.2.3 Three Examples -- 7.2.3.1 Homothetic Strictly Convex Preferences -- 7.2.3.2 Perfect Substitutes -- 7.2.3.3 Perfect Complements -- 7.2.4 Comparative Statics and the Structure of Market Demand -- 7.2.5 Changes in Income -- 7.2.6 Changes in Price -- References -- Further Reading -- 8 Decisions Under Uncertainty and Risk -- 8.1 A Model of Uncertainty and Risk -- 8.2 Decisions Under Uncertainty -- 8.2.1 Maximin Rule -- 8.2.2 Maximax Rule -- 8.2.3 Hurwicz Rule -- 8.2.4 Minmax-Regret Rule -- 8.2.5 Laplace Rule -- 8.3 Decisions Under Risk -- 8.3.1 Lotteries and Expected-Payoff Rule -- 8.3.2 Critique of the Expected-Payoff Rule -- 8.3.3 Expected-Utility Theory -- 8.3.4 The Allais Paradox -- 8.3.5 Propensities Towards Risk -- 8.3.6 Insurance -- 8.3.6.1 A Model with Fixed Coverage -- 8.3.7 A Model with Endogenous Coverage -- References -- Further Reading -- 9 Principles of Game Theory -- 9.1 Introduction -- 9.2 What Is a Game? -- 9.3 Elements of Game Theory -- 9.4 Normal-Form Games -- 9.4.1 Multiple Equilibria -- 9.4.2 Collectively and Individually Rational Behavior -- 9.4.3 Simple Games as Structural Metaphors -- 9.5 Extensive-Form Games -- 9.6 Summary -- References -- Further Reading -- 10 Behavioral Economics -- 10.1 Introduction -- 10.2 Basic Concepts -- 10.3 Social Preferences -- 10.3.1 Kin Selection -- 10.3.2 Reciprocity -- 10.3.3 Altruism and Spite -- 10.3.4 Inequality Aversion -- 10.3.5 Intention-Based Preferences -- 10.3.6 Conclusions -- 10.4 Boundedly Rational Behavior -- 10.4.1 Prospect Theory -- 10.4.1.1 The Structure of Subjective Value Functions -- 10.4.1.2 The Structure of Decision Weights -- 10.4.1.3 Applications -- 10.4.1.4 Summary -- 10.4.2 Anchoring -- 10.4.3 Confirmation Bias. 10.5 An Evolutionary Perspective on Biases and Rationality -- References -- Further Reading -- 11 Foundations of Perception and Decision-Making -- 11.1 Introduction -- 11.2 A Multilevel Model of Adaptation -- 11.2.1 Genetic Adaptation -- 11.2.2 Epigenetic Adaptation -- 11.2.3 Affective Adaptation -- 11.2.3.1 Dopamine -- 11.2.3.2 Fear and Anxiety -- 11.2.3.3 Disgust -- 11.2.3.4 Oxytocin -- 11.2.3.5 Testosterone -- 11.2.4 Cognitive and Metacognitive Adaptation -- 11.2.4.1 Confabulation -- 11.2.4.2 The Narrative Self -- 11.2.4.3 Concluding Remarks and Implications for Economics -- 11.3 Where Do We Stand? -- 11.3.1 Virtue Ethics and the Creation of Good Habits -- 11.3.2 Implications for an Economy that Promotes the Good Life -- References -- Further Reading -- Part IV Firm Behavior and Industrial Organization -- 12 Costs -- 12.1 What Are Costs, and Why Are They Important? -- 12.2 A Systematic Treatment of Costs -- Reference -- Further Reading -- 13 Firm Behavior Under Perfect Competition -- 13.1 Introduction -- 13.2 Production Technology and Market Structure -- 13.3 The Short Versus the Long Run -- 13.4 Firm and Market Supply -- References -- Further Reading -- 14 Firm Behavior in Monopolistic Markets -- 14.1 Introduction -- 14.2 Conditions for the Existence of a Monopoly -- 14.3 Profit Maximization in Monopolistic Markets -- 14.4 Monopoly Without Price Discrimination -- 14.4.1 The Single-Product Monopoly -- 14.4.2 Two- or Multi-Sided Markets -- 14.5 Monopoly with Price Discrimination -- 14.5.1 First-Degree Price Discrimination -- 14.5.2 Second-Degree Price Discrimination -- 14.5.3 Third-Degree Price Discrimination -- 14.6 Monopolistic Competition -- References -- Further Reading -- 15 Firm Behavior in Oligopolistic Markets -- 15.1 Introduction -- 15.2 Cournot Duopoly Model -- 15.3 The Linear Cournot Model with n Firms -- 15.4 The Bertrand Duopoly Model. 15.5 Conclusion and Extensions -- References -- Further Reading -- Part V Appendix -- 16 A Case Study -- 16.1 The Grounding of Swissair -- 16.2 Some Facts About the Aviation Industry in Europe -- 16.3 Applying Economic Theory -- 16.3.1 Costs -- 16.3.2 The Linear Cournot Model with n Firms -- 16.3.3 Extensions -- 16.4 How About Swissair? -- 16.5 Concluding Remarks -- 17 Mathematical Appendix -- 17.1 General Remarks -- 17.2 Functions with Several Explanatory Variables -- 17.3 Solution to Systems of Equations -- 17.4 Optimization Under Constraints -- 17.4.1 Sufficient Conditions -- 17.4.2 Necessary Conditions -- 17.5 Elasticities - |
Record Nr. | UNINA-9910510552303321 |
Kolmar Martin
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Cham : , : Springer International Publishing AG, , 2021 | ||
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Lo trovi qui: Univ. Federico II | ||
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Principles of Microeconomics : An Integrative Approach / / by Martin Kolmar |
Autore | Kolmar Martin |
Edizione | [1st ed. 2017.] |
Pubbl/distr/stampa | Cham : , : Springer International Publishing : , : Imprint : Springer, , 2017 |
Descrizione fisica | 1 online resource (XII, 336 p. 80 illus.) |
Disciplina | 338.5 |
Collana | Springer Texts in Business and Economics |
Soggetto topico |
Mikroökonomie
Microeconomics |
Soggetto genere / forma | Lehrbuch |
ISBN | 3-319-57589-9 |
Classificazione |
QC 100
83.11 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Introduction: First Principles -- Gains from Trade -- A Primer in Markets and Institutions: Introduction -- Supply and Demand Under Perfect Competition -- Normative Economics -- Externalities and the Limits of Markets -- Foundations of Demand and Supply: Decisions and Consumer Behavior -- Costs -- Firm Behavior and Industrial Organization: A Second Look at Firm Behavior Under Perfect Competition -- Firm Behavior in Monopolistic Markets -- Principles of Game Theory -- Firm Behavior in Oligopolistic Markets -- Appendix: A Case Study -- Mathematical Appendix. |
Record Nr. | UNINA-9910255042803321 |
Kolmar Martin
![]() |
||
Cham : , : Springer International Publishing : , : Imprint : Springer, , 2017 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|