Microeconomics: Optimization, Experiments, and Behavior

In this book, John P. Burkett presents microeconomics as an evolving science, interacting with mathematics, psychology, and other disciplines and offering solutions to a growing range of practical problems. The book shows how early contributors such as Xenophon, Ibn Khaldun, and David Hume posed the...

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Tác giả chính: Burkett, John P.
Định dạng: Sách
Ngôn ngữ:English
Được phát hành: Oxford University Press 2012
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Truy cập trực tuyến:http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/30021
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spelling oai:scholar.dlu.edu.vn:DLU123456789-300212012-03-03T07:40:41Z Microeconomics: Optimization, Experiments, and Behavior Burkett, John P. Economics In this book, John P. Burkett presents microeconomics as an evolving science, interacting with mathematics, psychology, and other disciplines and offering solutions to a growing range of practical problems. The book shows how early contributors such as Xenophon, Ibn Khaldun, and David Hume posed the normative and positive questions central to microeconomics. It expounds constrained optimization techniques, as developed by economists and mathematicians from Daniel Bernoulli to Leonid Kantorovich, emphasizing their value in deriving norms of rational behavior and testable hypotheses about typical behavior. Applying these techniques, the book introduces partial equilibrium analysis of particular markets and general equilibrium analysis of market economies. The book both explains how laboratory and field experiments are used in testing economic hypotheses and provides materials for classroom experiments. It gives extensive and innovative coverage of recent findings in cognitive psychology and behavioral economics, which not only document behavior inconsistent with some traditional theories, but also advance positive theories with superior predictive power. 2012-02-27T00:40:02Z 2012-02-27T00:40:02Z 2006 Book 9780195189629 http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/30021 en application/pdf Oxford University Press
institution Thư viện Trường Đại học Đà Lạt
collection Thư viện số
language English
topic Economics
spellingShingle Economics
Burkett, John P.
Microeconomics: Optimization, Experiments, and Behavior
description In this book, John P. Burkett presents microeconomics as an evolving science, interacting with mathematics, psychology, and other disciplines and offering solutions to a growing range of practical problems. The book shows how early contributors such as Xenophon, Ibn Khaldun, and David Hume posed the normative and positive questions central to microeconomics. It expounds constrained optimization techniques, as developed by economists and mathematicians from Daniel Bernoulli to Leonid Kantorovich, emphasizing their value in deriving norms of rational behavior and testable hypotheses about typical behavior. Applying these techniques, the book introduces partial equilibrium analysis of particular markets and general equilibrium analysis of market economies. The book both explains how laboratory and field experiments are used in testing economic hypotheses and provides materials for classroom experiments. It gives extensive and innovative coverage of recent findings in cognitive psychology and behavioral economics, which not only document behavior inconsistent with some traditional theories, but also advance positive theories with superior predictive power.
format Book
author Burkett, John P.
author_facet Burkett, John P.
author_sort Burkett, John P.
title Microeconomics: Optimization, Experiments, and Behavior
title_short Microeconomics: Optimization, Experiments, and Behavior
title_full Microeconomics: Optimization, Experiments, and Behavior
title_fullStr Microeconomics: Optimization, Experiments, and Behavior
title_full_unstemmed Microeconomics: Optimization, Experiments, and Behavior
title_sort microeconomics: optimization, experiments, and behavior
publisher Oxford University Press
publishDate 2012
url http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/30021
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