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Price Theory and Applications - Decisions, Markets, and Information (Paperback, 7th Revised edition)
Loot Price: R1,884
Discovery Miles 18 840
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Price Theory and Applications - Decisions, Markets, and Information (Paperback, 7th Revised edition)
Expected to ship within 12 - 17 working days
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This new seventh edition of the book offers extensive discussion of
information, uncertainty, and game theory. It contains over a
hundred examples illustrating the applicability of economic
analysis not only to mainline economic topics but also issues in
politics, history, biology, the family, and many other areas. These
discussions generally describe recent research published in
scholarly books and articles, giving students a good idea of the
scientific work done by professional economists. In addition, at
appropriate places the text provides 'applications' representing
more extended discussions of selected topics including rationing in
wartime (Chapter 5), import quotas (Chapter 7), alleged
monopolistic suppression of inventions (Chapter 9), minimum wage
laws (Chapter 11), the effects of Social Security upon saving
(Chapter 15), fair division of disrupted property (Chapter 16) and
whether individuals should pay ransom to a kidnapper (Chapter 17).
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