Richard Cornes Book order

The book focuses on key principles of public economics, employing mathematical techniques to support economic arguments without overwhelming the reader. It explores essential concepts applicable to various subfields, including public choice, labor economics, economic growth, and environmental economics. The authors, Richard Cornes and Todd Sandler, aim to provide a clear understanding of how these principles interconnect and influence diverse areas within the economic landscape.

Dual arguments have become a standard tool for analysis of problems involving optimization by consumers and producers. The principal aim of this book is to provide a fairly systematic yet simple exposition of the basic structure of such arguments. The emphasis is not on providing mathematically general proofs; instead, a geometric approach is used to provide, in an informal way, an intuitive understanding of duality theory. This book introduces the most common alternative ways of representing preferences and technologies, such as indirect utility and distance functions, expenditure and cost functions, and profit and revenue functions. and it discusses the assumptions under which alternative formulations contain precisely the same information. Results such as Roy's identity. the Hotelling-Wold identity, and Shephard's lemma are fully explained. as are their roles in facilitating analysis of behaviour