Overview
- Deals with microeconomic theory at the level of intermediate and advanced undergraduates
- Serves as an introduction for intellectual readers with social science and other backgrounds
- Provides thorough explanations of assumptions and accounts of motivations and reservations behind microeconomic theory
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Table of contents (32 chapters)
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Front Matter
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Individual Preference and Choice
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Front Matter
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Perfectly Competitive and Complete Markets with Complete Information
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Front Matter
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Keywords
About this book
This textbook covers microeconomic theory at the level of intermediate and advanced undergraduates. It is also intended as an introduction for those with other intellectual and academic backgrounds who may not necessarily agree with “mainstream” economists but at least are interested knowing how they think and see things.
The book provides thorough explanations of definitions and assumptions that the theory is based upon. It provides comprehensive accounts of motivations and reservations behind the theory. As well, it precisely presents the logical process of how the assumptions lead to the conclusion, conveying the intuition and the key of the arguments.
An abundance of topics is included here: individual choice, general equilibrium, partial equilibrium, game theory, imperfect competition, transaction under incomplete information, market failures, welfare economics, social choice and mechanism design. The book is a valuable resource for any reader studying or simply interested in microeconomic theory.
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Authors and Affiliations
About the author
Takashi Hayashi is Professor in economics at the University of Glasgow. His research fields are decision theory, social choice/implementation theory and general equilibrium theory.
He received his Ph.D. (2004) from The University of Rochester. He was Assistant Professor of economics at The University of Texas at Austin (2004-2012).
His works include General Equilibrium Foundation of Partial Equilibrium Analysis (Palgrave Macmillan, 2017) as well as academic papers such as “Smallness of a commodity and partial equilibrium analysis” (Journal of Economic Theory, 2013), “Implementation in partial equilibrium” (Journal of Economic Theory, 2017, co-authored with Michele Lombardi) and “Self-fulfilling regression and statistical discrimination” (International Journal of Economic Theory, 2019).
Bibliographic Information
Book Title: Microeconomic Theory for the Social Sciences
Authors: Takashi Hayashi
DOI: https://doi.org/10.1007/978-981-16-3541-0
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Nature Singapore Pte Ltd. 2021
Softcover ISBN: 978-981-16-3540-3Published: 21 July 2021
eBook ISBN: 978-981-16-3541-0Published: 21 July 2021
Edition Number: 1
Number of Pages: XXIII, 543
Number of Illustrations: 116 b/w illustrations
Topics: Game Theory, Social Choice/Welfare Economics/Public Choice/Political Economy, Operations Research/Decision Theory, Game Theory, Economics, Social and Behav. Sciences