Microeconomics - Bowles, Samuel

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Résumé :
The authors bring into the classroom the ideas that today's researchers and policy-makers use - including behavioral economics, game theory, and incomplete contracts. Modern microeconomics is applied to pressing issues that students care about - inequality, climate change, and innovation - and illustrated with empirical case studies.

Biographie:
Samuel Bowles is Research Professor and Director of the Behavioral Sciences Program at the Santa Fe Institute in New Mexico. He has taught microeconomic theory to undergraduates and PhD candidates at Harvard University, the University of Massachusetts, and the University of Siena. He is part of the global CORE team, writers of The Economy and Economy, Society, and Public Policy. Political leaders including President Nelson Mandela, Dr. Martin Luther King, Jr., and Senator Robert Kennedy have sought his advice on economic policy.; Simon D. Halliday is an Associate Professor in the Economics Department at the University of Bristol. He has also taught microeconomics, game theory, and industrial organization to graduate and undergraduate students at Smith College in the U.S., the University of Cape Town, and Royal Holloway, University of London. In addition to these fields he is a specialist in behavioral economics and economics education.

Sommaire:
PART I: People, Economy, and Society; 1 Society: coordination problems and economic institutions; 2 People: self-interest and social preferences; 3 Doing the best you can: constrained optimization; 4 Propertyand exchange: mutual gains and conflicts; 5 Coordination failures and institutional responses; PART II: Markets for Goods and Services; 6 Specialization; 7 Market Demand; 8 Supply: firms' costs, output, and profit; 9 Competition, rent-seeking, and market equilibration; PART III: Markets with Incomplete Contracting; 10 Information: contracts, norms, and power; 11 Jobs, unemployment, and wages; 12 Interest, credit, and wealth constraints; PART IV: Economic Systems: Ideal and Imperfect; 13 A risky and unequal world; 14 Perfect competition and the invisible hand; 15 Capitalism: innovation and equality; 16 Public policy and mechanism design