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Topics in Microeconomics: Industrial Organization, Auctions, and Incentives

Author Elmar Wolfstetter
Publisher Cambridge University Press
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64.99 USD
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Book Details
ISBN / ASIN0521645344
ISBN-139780521645348
AvailabilityUsually ships in 24 hours
Sales Rank2,780,188
MarketplaceUnited States 🇺🇸

Description

This book in microeconomics focuses on the strategic analysis of markets under imperfect competition, incomplete information, and incentives. Part I of the book covers imperfect competition, from monopoly and regulation to the strategic analysis of oligopolistic markets. Part II explains the analytics of risk, stochastic dominance, and risk aversion, supplemented with a variety of applications from different areas in economics. Part III focuses on markets and incentives under incomplete information, including a comprehensive introduction to the theory of auctions, which plays an important role in modern economics.