Description: Microeconomics : Optimization, Experiments, And Behavior, Hardcover by Burkett, John P., ISBN 0195189620, ISBN-13 9780195189629, Like New Used, Free P&P in the UK 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. Th 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, th introduces partial equilibrium analysis of particular markets and general equilibrium analysis of market economies. Th 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.
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Book Title: Microeconomics : Optimization, Experiments, And Behavior
Item Height: 260 mm
Item Width: 181 mm
Author: John P. Burkett
Publication Name: Microeconomics: Optimization, Experiments, and Behavior
Format: Hardcover
Language: English
Publisher: Oxford University Press
Subject: Economics
Publication Year: 2006
Type: Textbook
Item Weight: 811 g
Number of Pages: 352 Pages
