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Models in Microeconomic Theory
Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and monopoly. Part II (Chapters 8-14) introduces the concept of equilibrium, beginning, unconventionally, with the models of the jungle and an economy with indivisible goods, and continuing with models of an exchange economy, equilibrium with rational expectations, and an economy with asymmetric information. Part III (Chapters 15-16) provides an introduction to game theory, covering strategic and extensive ...
Revealed Preference Theory
The theory of revealed preference has a long, distinguished tradition in economics but lacked a systematic presentation of the theory until now. This book deals with basic questions in economic theory and studies situations in which empirical observations are consistent or inconsistent with some of the best known economic theories.
Handbook of Experimental Economic Methodology
The Handbook of Experimental Economic Methodology, edited by Guillaume R. Fr chette and Andrew Schotter, aims to confront and debate the issues faced by the growing field of experimental economics. For example, as experimental work attempts to test theory, it raises questions about the proper relationship between theory and experiments. As experimental results are used to inform policy, the utility of these results outside the lab is questioned, and finally, as experimental economics tries to integrate ideas from other disciplines like psychology and neuroscience, the question of their proper place in the discipline of economics becomes less clear. This book contains papers written by some o...
Marketing Without Advertising
'Marketing Without Advertising' analyzes the role, narratives, and behaviour of consumption in Cuba since 1959. It documents how consumer behaviour has changed ssince the pre-revolutionary period, with special focus on the early 1990s.
Modern Consumer Theory
Professor Lancaster has made a major contribution to consumer theory. His work on the consumer's decision-making process has been particularly influential. This coherent thematic selection of his most important recent essays, some of which are published here for the first time, reflect the major features of Professor Lancaster's work. The essays form a unified collection on consumer choice and product variety and will be essential reading for any economist with an interest in the most recent developments in modern microeconomics.
Energy Analysis and Policy
Energy Analysis and Policy: Selected Works discusses the major aspect of electricity economics, including pricing, demand forecasting, investment analysis, and system reliability. This book provides a clear and comprehensive overview of the diversity of problems in analyzing energy markets and designing sound energy policies. Organized into 14 chapters, this book first discusses the energy economics in developing countries; integrated national energy planning (INEP) in developing countries; energy pricing; practical application of INEP using microcomputers; and energy strategies for oil-importing developing countries. Subsequent chapters describe the energy demand management and conservation...
Product Variety Management
Product proliferation has become a common phenomenon. Most companies now offer hundreds, if not thousands, of stock keeping units (SKUs) in order to compete in the market place. Companies with expanding product and service varieties face with problems of obtaining accurate demand forecasts, controlling production and inventory costs, and providing high quality and good delivery performance for the customers. Marketing managers often advocate widening product lines for increasing revenue and market share. However, the breadth of product line can also decrease the efficiency of manufacturing processes and distribution systems. Thus firms must weigh the benefits of product variety against its c...
