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Focusing on foundational material, this textbook offers a deep dive into modern microeconomic theory, particularly for first-year graduate students. It highlights the significance of noncooperative game theory as a key tool for modeling economic phenomena, covering diverse topics such as agency theory, market signaling, and mechanism design. Emphasizing the importance of aligning theory with economic intuition, it also includes extensive appendices on game theory concepts and provides free online resources, enhancing the learning experience.
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Microeconomic Foundations II, David M. Kreps
- Language
- Released
- 2023
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- (Hardcover)
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- Title
- Microeconomic Foundations II
- Subtitle
- Imperfect Competition, Information, and Strategic Interaction
- Language
- English
- Authors
- David M. Kreps
- Publisher
- Princeton University Press
- Released
- 2023
- Format
- Hardcover
- Pages
- 800
- ISBN13
- 9780691250144
- Category
- Business and Economics
- Description
- Focusing on foundational material, this textbook offers a deep dive into modern microeconomic theory, particularly for first-year graduate students. It highlights the significance of noncooperative game theory as a key tool for modeling economic phenomena, covering diverse topics such as agency theory, market signaling, and mechanism design. Emphasizing the importance of aligning theory with economic intuition, it also includes extensive appendices on game theory concepts and provides free online resources, enhancing the learning experience.