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Allocation, Distribution, and Policy : Notes, Problems, and Solutions in Microeconomics

Microeconomics has been transformed in recent decades by the increasing use of game theory, behavioral economics, evolutionary modeling, network economics, mechanism design and attention to limited competition and asymmetric information. Bowles and Chen provide problem sets and exam questions (with...

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Main Authors: Samuel Bowles, Weikai Chen
Format: Book
Published: Open Book Publishers 2025
Subjects:
Economics > Psychological aspects
Game theory > Econometric models
Online Access:View this record in EBSCOhost
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          Samuel Bowles
          Weikai Chen
      sertl: Open Textbook Library
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        9781805116226
        9781805116233
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        ptl: Allocation, Distribution, and Policy
      aug:
        au:
          Samuel Bowles
          Weikai Chen
      su:
        Economics--Psychological aspects
        Game theory--Econometric models
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        subj:
          BUSINESS & ECONOMICS / Econometrics
          BUSINESS & ECONOMICS / Economic Conditions
          BUSINESS & ECONOMICS / Economics / Microeconomics
          BUSINESS & ECONOMICS / Public Finance
          BUSINESS & ECONOMICS / Development / Economic Development
          BUSINESS & ECONOMICS / Environmental Economics
          Economics--Psychological aspects
          Game theory--Econometric models
      ab: Microeconomics has been transformed in recent decades by the increasing use of game theory, behavioral economics, evolutionary modeling, network economics, mechanism design and attention to limited competition and asymmetric information. Bowles and Chen provide problem sets and exam questions (with carefully explained solutions) based on the new microeconomics, engaging learners with applications to income distribution, limited competition in goods and labor markets, climate change, and other public policy topics. Background notes explain the underlying concepts, their origin in the thinking of the great economists of the past, applications to macroeconomics, and relevant empirical evidence. This work provides a problem-based and policy oriented approach to teaching microeconomics, development, labor, environment, public economics and topics in business, management and public policy to upper level undergraduates, masters and doctoral students.
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