This textbook for master programs in economics offers a
comprehensive overview of microeconomics. It employs a carefully
graded approach where basic game theory concepts are already
explained within the simpler decision framework. The unavoidable
mathematical content is supplied when needed, not in an appendix.
The book covers a lot of ground, from decision theory to game
theory, from bargaining to auction theory, from household theory to
oligopoly theory, and from the theory of general equilibrium to
regulation theory. Additionally, cooperative game theory is
introduced. This textbook has been recommended and developed for
university courses in Germany, Austria and Switzerland.
General
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