Includes bibliographical references (pages 307-319) and index.
CONTENTS NOTE
Text of Note
1 The Origins and Scope of Microeconomics; 2 Inputs, Outputs, and Costs; 3 Cost Minimization Using Linear Programming; 4 Production and Costs; 5 The Production Decisions of Competitive Firms; 6 Marginal Products and Factor Proportions; 7 Comparative Advantage and Gains from Trade; 8 Allocation of Factors in Competitive Markets; 9 Consumer Choice and Demand; 10 Exchange and Product Assortment; 11 Loss Aversion and Reference-dependent Preferences; 12 The Context and Framing of Choice; 13 Labor Supply; 14 Monopoly and Monopsony Power; 15 Oligopoly and Oligopsony: Classic Models.
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SUMMARY OR ABSTRACT
Text of Note
Covering research in behavioral and experimental economics, this research documents behavior inconsistent with some elements of traditional theory. Topics covered include studies of loss aversion, reference-dependent preferences, the context and framing of choice, hyperbolic discounting and inconsistent intertemporal choice, and more.
OTHER EDITION IN ANOTHER MEDIUM
Title
Microeconomics.
International Standard Book Number
0195189620
TOPICAL NAME USED AS SUBJECT
Microeconomics.
BUSINESS & ECONOMICS-- Economics-- Microeconomics.