Microeconomics:
Using real-world examples and modern theories to analyse actual markets, this book offers a practical perspective on microeconomic theory and how it is used to resolve problems and analyse policy issues.
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| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Boston, Mass. [u.a.]
Pearson Addison Wesley
2004
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| Edition: | 3. ed., internat. ed. |
| Series: | The Addison-Wesley series in economics
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| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Summary: | Using real-world examples and modern theories to analyse actual markets, this book offers a practical perspective on microeconomic theory and how it is used to resolve problems and analyse policy issues. |
| Physical Description: | XXIII, 724, A-80 S. Ill., graph. Darst. 1 Beil. |
| ISBN: | 0321181972 032119764X |
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| 245 | 1 | 0 | |a Microeconomics |c Jeffrey M. Perloff |
| 250 | |a 3. ed., internat. ed. | ||
| 264 | 1 | |a Boston, Mass. [u.a.] |b Pearson Addison Wesley |c 2004 | |
| 300 | |a XXIII, 724, A-80 S. |b Ill., graph. Darst. |e 1 Beil. | ||
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| 338 | |b nc |2 rdacarrier | ||
| 490 | 0 | |a The Addison-Wesley series in economics | |
| 520 | 3 | |a Using real-world examples and modern theories to analyse actual markets, this book offers a practical perspective on microeconomic theory and how it is used to resolve problems and analyse policy issues. | |
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| 650 | 4 | |a Microeconomics | |
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Record in the Search Index
| _version_ | 1804129638393315328 |
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| adam_text | C O N T E N T S PREFACE XV CHAPTER L L.I INTRODUCTION 1 MICROECONOMICS:
THE ALLOCATION OF SCARCE RESOURCES 1 TRADE-OFFS 2 WHO MAKES THE
DECISIONS 2 APPLICATION OREGON DECIDES WHICH MEDICAL TREATMENTS TO
PROVIDE 2 PRICES DETERMINE ALLOCATIONS 3 APPLICATION TWINKIETAX 4 1.2
MODELS 4 APPLICATION INCOME THRESHOLD MODEL AND CHINA 5 SIMPLIFICATIONS
BY ASSUMPTION 5 TESTING THEORIES 6 POSITIVE VERSUS NORMATIVE 7 1.3 USES
OF MICROECONOMIC MODELS 8 USES OF MICROECONOMICS BY INDIVIDUALS AND
GOVERNMENTS 9 APPLICATION PUTTING SATURN IN ORBIT 9 SUMMARY 12 PART ONE
SUPPLY AND DEMAND CHAPTER 2 SUPPLY AND DEMAND 13 2.1 DEMAND 14 THE
DEMAND CURVE 15 THE DEMAND FUNCTION 18 SUMMING DEMAND CURVES 20
APPLICATION AGGREGATING THE DEMAND FOR CLING PEACHES 20 2.2 SUPPLY 21
THE SUPPLY CURVE 21 THE SUPPLY FUNCTION 23 SUMMING SUPPLY CURVES 24
EFFECTS OF GOVERNMENT IMPORT POLICIES ON SUPPLY CURVES 24 SOLVED PROBLEM
2.1 25 2.3 MARKET EQUILIBRIUM 27 USING A GRAPH TO DETERMINE THE
EQUILIBRIUM 27 USING MATH TO DETERMINE THE EQUILIBRIUM 27 FORCES THAT
DRIVE THE MARKET TO EQUILIBRIUM 28 2.4 SHOCKING THE EQUILIBRIUM 30
EFFECTS OF A SHIFT IN THE DEMAND CURVE 30 EFFECTS OF A SHIFT IN THE
SUPPLY CURVE 31 SOLVED PROBLEM 2.2 31 2.5 EFFECTS OF GOVERNMENT
INTERVENTIONS 32 POLICIES THAT SHIFT SUPPLY CURVES 32 SOLVED PROBLEM 2.3
34 APPLICATION AMERICAN STEEL QUOTAS 35 POLICIES THAT CAUSE DEMAND TO
DIFFER FROM SUPPLY 35 APPLICATION ZIMBABWE PRICE CONTROLS 38 APPLICATION
MINIMUM WAGE LAW IN PUERTO RICO 40 WHY SUPPLY NEED NOT EQUAL DEMAND 40
2.6 WHEN TO USE THE SUPPLY-AND-DEMAND MODEL 41 SUMMARY 42 QUESTIONS 43
PROBLEMS 45 APPLYING THE SUPPLY- CHAPTER 3 AND-DEMANDMODEL 46 3.1 HOW
SHAPES OF DEMAND AND SUPPLY CURVES MATTER 47 3.2 SENSITIVITY OF QUANTITY
DEMANDED TO PRICE 48 PRICE ELASTICITY OF DEMAND 48 APPLICATION WEB FEES
50 VI CONTENTS ELASTICITY ALONG THE DEMAND CURVE OTHER DEMAND
ELASTICITIES 53 50 3.3 SENSITIVITY OF QUANTITY SUPPLIED TO PRICE 55
ELASTICITY OF SUPPLY 55 ELASTICITY ALONG THE SUPPLY CURVE 56 3.4 LONG
RUN VERSUS SHORT RUN 57 DEMAND ELASTICITIES OVER TIME 57 SUPPLY
ELASTICITIES OVER TIME 58 3.5 EFFECTS OF A SALES TAX 58 TWO TYPES OF
SALES TAXES 58 EQUILIBRIUM EFFECTS OF A SPECIFIC TAX 59 APPLICATION
DISCOURAGING SMOKING 61 TAX INCIDENCE OF A SPECIFIC TAX 62 SOLVE0
PROBLEM 3.1 63 APPLICATION GASOLINE TAXES AS A REVENUE SOURCE 65 THE
SAME EQUILIBRIUM NO MATTER WHO IS TAXED 65 THE SIMILAR EFFECTS OF AD
VALOREM AND SPECIFIC TAXES 66 SOLVED PROBLEM 3.2 68 APPLICATION
INCIDENCE OF FEDERAL AD VALOREM TAXES 69 SUMMARY 70 QUESTIONS 70
PROBLEMS 72 PART TWO CONSUMER THEORY CHAPTER 4 CONSUMER CHOICE 73 4.1
PREFERENCES 74 PROPERTIES OF CONSUMER PREFERENCES 75 PREFERENCE MAPS 76
SOLVED PROBLEM 4.1 7 9 APPLICATION INDIFFERENCE CURVES BETWEEN FOOD AND
CLOTHING 83 EFFECT OF A CHANGE IN INCOME ON CONSUMPTION 90 SOLVED
PROBLEM 4.2 91 4.4 CONSTRAINED CONSUMER CHOICE 92 THE CONSUMER S OPTIMAL
BUNDLE 92 SOLVED PROBLEM 4.3 95 APPLICATION TAXES AND INTERNET SHOPPING
96 *^OPTIMAL BUNDLES ON CONVEX SECTIONS OF INDIFFERENCE CURVES 97 BUYING
WHERE MORE IS BETTER 98 SOLVED PROBLEM 4.4 98 FOOD STAMPS 100
APPLICATION FOOD STAMP EXPERIMENTS 101 SUMMARY 103 QUESTIONS 104
PROBLEMS 105 APPLYING CONSUMER CHAPTER 5 THEORY 106 5.1 DERIVING DEMAND
CURVES 107 5.2 HOW CHANGES IN INCOME SHIFT DEMAND CURVES 110 EFFECTS OF
A RISE IN INCOME 110 SOLVED PROBLEM 5.1 112 CONSUMER THEORY AND INCOME
ELASTICITIES APPLICATION INCOME ELASTICITIES OF DEMAND FOR CARS 117 113
5.3 5.4 4.2 UTILITY 84 UTILITY FUNCTION 84 ORDINAL PREFERENCES 84
UTILITY AND INDIFFERENCE CURVES 85 UTILITY AND MARGINAL UTILITY 85
UTILITY AND MARGINAL RATES OF SUBSTITUTION 5.5 87 4.3 BUDGET CONSTRAINT
87 SLOPE OF THE BUDGET CONSTRAINT 89 PURCHASING FRACTIONAL QUANTITIES 90
EFFECT OF A CHANGE IN PRICE ON CONSUMPTION 90 EFFECTS OF A PRICE CHANGE
118 INCOME AND SUBSTITUTION EFFECTS WITH A NORMAL GOOD 118 INCOME AND
SUBSTITUTION EFFECTS WITH AN INFERIOR GOOD 120 SOLVED PROBLEM 5.2 122
APPLICATION SHIPPINGTHE GOOD STUFF AWAY 122 COST-OF-LIVING ADJUSTMENTS
123 INFLATION INDEXES 123 APPLICATION DOES INFLATION HURT? 125 EFFECTS
OF INFLATION ADJUSTMENTS 126 APPLICATION FIXING THE CPI SUBSTITUTION
BIAS 129 DERIVING LABOR SUPPLY CURVES 131 LABOR-LEISURE CHOICE 131
INCOME AND SUBSTITUTION EFFECTS 133 SOLVED PROBLEM 5.3 134 APPLICATION
LEISURE-INCOME CHOICES OF TEXTILE WORKERS 136 SHAPE OF THE LABOR SUPPLY
CURVE 137 CONTENTS VU INCOME TAX RATES AND LABOR SUPPLY 138 APPLICATION
WINNING THE GOOD LIFE 140 SUMMARY 141 QUESTIONS 142 PROBLEMS 14 3 *
CROSS-CHAPTER ANALYSIS: CHILD-CARE SUBSIDIES 144 INNOVATIONS 175
APPLICATION NONNEUTRAL TECHNICAL CHANGE IN PIN MANUFACTURING 177
APPLICATION DELL COMPUTER S ORGANIZATIONAL INNOVATIONS 177 SUMMARY 178
QUESTIONS 179 PROBLEMS 180 PART THREE THEORY OF THE FIRM CHAPTER7 COSTS
182 CHAPTER6 FIRMS AND PRODUCTION 147 6.1 THE OWNERSHIP AND MANAGEMENT
OF FIRMS 148 THE OWNERSHIP OF FIRMS 149 THE MANAGEMENT OF FIRMS 149 WHAT
OWNERS WANT 150 6.2 PRODUCTION 150 PRODUCTION FUNCTIONS 151 TIME AND THE
VARIABILITY OF INPUTS 151 6.3 SHORT-RUN PRODUCTION: ONE VARIABLE AND ONE
FIXED INPUT 152 TOTAL PRODUCT 153 MARGINAL PRODUCT OF LABOR 153 AVERAGE
PRODUCT OF LABOR 154 GRAPHING THE PRODUCT CURVES 154 LAW OF DIMINISHING
MARGINAL RETURNS 157 APPLICATION MALTHUS AND MASS STARVATION 158 6.4
LONG-RUN PRODUCTION: TWO VARIABLE INPUTS 159 ISOQUANTS 160 APPLICATION A
SEMICONDUCTOR INTEGRATED CIRCUIT ISOQUANT 16 3 SUBSTITUTING INPUTS 165
SOLVED PROBLEM 6.1 167 6.5 RETURNS TO SCALE 168 CONSTANT, INCREASING,
AND DECREASING RETURNS TO SCALE 168 SOLVED PROBLEM 6.2 170 APPLICATION
RETURNS TO SCALE IN MANUFACTURING 170 VARYING RETURNS TO SCALE 173 6.6
PRODUCTIVITY AND TECHNICAL CHANGE 174 RELATIVE PRODUCTIVITY 174
APPLICATION GERMAN VERSUS BRITISH PRODUCTIVITY 175 7.1 MEASURING COSTS
183 ECONOMIC COST 183 APPLICATION OPPORTUNITY COST OF WAITING TIME 184
CAPITAL COSTS 184 APPLICATION SWARTHMORE COLLEGE S COST OF CAPITAL 185
7.2 SHORT-RUN COSTS 186 SHORT-RUN COST MEASURES 186 APPLICATION LOWERING
TRANSACTION COSTS FOR USED GOODS AT EBAY AND ABEBOOKS 188 SHORT-RUN COST
CURVES 189 PRODUCTION FUNCTIONS AND THE SHAPE OF COST CURVES 191
APPLICATION SHORT-RUN COST CURVES FOR A PRINTING FIRM 194 EFFECTS OF
TAXES ON COSTS 195 SOLVED PROBLEM 7.1 197 SHORT-RUN COST SUMMARY 198 7.3
LONG-RUN COST S 198 INPUT CHOICE 199 APPLICATION RICE MILLING ON LAVA
204 SOLVED PROBLEM 7.2 207 HOW LONG-RUN COST VARIES WITH OUTPUT 207
SOLVED PROBLEM 7.3 209 THE SHAPE OF LONG-RUN COST CURVES 209 APPLICATION
AVERAGE COST OF CEMENT FIRMS 213 ESTIMATING COST CURVES VERSUS
INTROSPECTION 213 7.4 LOWER COSTS IN THE LONG RUN 214 LONG-RUN AVERAGE
COST AS THE ENVELOPE OF SHORT-RUN AVERAGE COST CURVES 214 APPLICATION
LONG-RUN COST CURVES IN PRINTING AND OIL PIPELINES 216 APPLICATION
CHOOSING AN INK-JET OR A LASER PRINTER 218 SHORT-RUN AND LONG-RUN
EXPANSION PATHS 219 HOW LEARNING BY DOING LOWERS COSTS 220 APPLICATION
LEARNING BY DOING IN COMPUTER CHIPS 220 VM CONTENTS 7.5 COST OF
PRODUCING MULTIPLE GOODS 222 APPLICATION DEAD END 224 SUMMARY 224
QUESTIONS 225 PROBLEMS 226 PART FOUR PERFECT COMPETITION CHAPTER 8
COMPETITIVE FIRMS AND MARKETS 227 8.1 8.2 8.3 8.4 8.5 COMPETITION 228
PRICE TAKING 228 WHY THE FIRM S DEMAND CURVE IS HORIZONTAL 228
*^DERIVATION OF A COMPETITIVE FIRM S DEMAND CURVE 230 WHY WE STUDY
PERFECT COMPETITION 231 PROFIT MAXIMIZATION 232 PROFIT 232 APPLICATION
BREAKING EVEN ON CHRISTMAS TREES 233 TWO STEPS TO MAXIMIZING PROFIT 234
COMPETITION IN THE SHORT RUN 237 SHORT-RUN COMPETITIVE PROFIT
MAXIMIZATION 237 SOLVED PROBLEM 8.1 240 SOLVED PROBLEM 8.2 242 SHORT-RUN
FIRM SUPPLY CURVE 243 APPLICATION APPLE CRUNCH 243 SHORT-RUN MARKET
SUPPLY CURVE 246 SHORT-RUN COMPETITIVE EQUILIBRIUM 247 COMPETITION IN
THE LONG RUN 250 LONG-RUN COMPETITIVE PROFIT MAXIMIZATION 251 LONG-RUN
FIRM SUPPLY CURVE 251 LONG-RUN MARKET SUPPLY CURVE 252 APPLICATION
THREAT OF ENTRY IN SHIPPING 254 APPLICATION THE NAKED TRUTH ABOUT COSTS
AND ENTRY 255 APPLICATION UPWARD-SLOPING LONG-RUN SUPPLY CURVE FOR
COTTON 257 LONG-RUN COMPETITIVE EQUILIBRIUM 261 SOLVED PROBLEM 8.3 262
ZERO PROFIT FOR COMPETITIVE FIRMS IN THE LONG RUN 264 ZERO LONG-RUN
PROFIT WITH FREE ENTRY 264 APPLICATION ABORTION MARKET 264 ZERO LONG-RUN
PROFIT WHEN ENTRY IS LIMITED 265 THE NEED TO MAXIMIZE PROFIT 267 SUMMARY
267 QUESTIONS 268 PROBLEMS 269 APPLYING THE CHAPTER 9 COMPETITIVE MODEL
270 9.1 CONSUMER WELFARE 271 MEASURING CONSUMER WELFARE USING A DEMAND
CURVE 271 APPLICATION CONSUMER SURPLUS FROM TELEVISION 274 EFFECT OF A
PRICE CHANGE ON CONSUMER SURPLUS 274 APPLICATION BRUCE SPRINGSTEEN S
GIFT TO HIS FANS 275 SOLVED PROBLEM 9.1 277 9.2 PRODUCER WELFARE 278
MEASURING PRODUCER SURPLUS USING A SUPPLY CURVE 279 USING PRODUCER
SURPLUS 280 SOLVED PROBLEM 9.2 280 9.3 COMPETITION MAXIMIZES WELFARE 281
WHY PRODUCING LESS THAN THE COMPETITIVE OUTPUT LOWERS WELFARE 282 WHY
PRODUCING MORE THAN THE COMPETITIVE OUTPUT LOWERS WELFARE 284
APPLICATION DEADWEIGHT LOSS OF CHRISTMAS PRESENTS 285 9.4 POLICIES THAT
SHIFT SUPPLY CURVES 286 RESTRICTING THE NUMBER OF FIRMS 287 APPLICATION
TAXICAB MEDALLIONS 289 RAISING ENTRY AND EXIT COSTS 290 9.5 POLICIES
THAT CREATE A WEDGE BETWEEN SUPPLY AND DEMAND 291 WELFARE EFFECTS OF A
SALES TAX 291 APPLICATION DEADWEIGHT LOSS FROM WIRELESS TAXES 293
WELFARE EFFECTS OF A SUBSIDY 294 WELFARE EFFECTS OF A PRICE FLOOR 295
SOLVED PROBLEM 9.3 297 APPLICATION INTERNATIONAL COST OF AGRICULTURAL
SUBSIDIES 299 WELFARE EFFECTS OF A PRICE CEILING 299 SOLVED PROBLEM 9.4
300 CONTENTS IX 9.6 COMPARING BOTH TYPES OF POLICIES: IMPORTS 301 FREE
TRADE VERSUS A BAN ON IMPORTS 302 APPLICATION JEFFERSON S TRADE EMBARGO
303 FREE TRADE VERSUS A TARIFF 304 FREE TRADE VERSUS A QUOTA 306 RENT
SEEKING 306 SUMMARY 308 QUESTIONS 309 PROBLEMS 310 I CROSS-CHAPTER
ANALYSIS: INCIDENCE OF GASOLINE TAXES 349 CHAPTER 10 GENERAL EQUILIBRIUM
AND ECONOMIC WELFARE 311 10.1 GENERAL EQUILIBRIUM 312 FEEDBACK BETWEEN
COMPETITIVE MARKETS 313 APPLICATION SIN TAXES 316 MINIMUM WAGES WITH
INCOMPLETE COVERAGE 317 APPLICATION LIVING-WAGE LAWS 319 SOLVED PROBLEM
10.1 320 10.2 TRADING BETWEEN TWO PEOPLE 321 ENDOWMENTS 321 MUTUALLY
BENEFICIAL TRADES 322 SOLVED PROBLEM 10,2 325 BARGAINING ABILITY 325
10.3 COMPETITIVE EXCHANGE 325 COMPETITIVE EQUILIBRIUM 326 THE EFFICIENCY
OF COMPETITION 328 OBTAINING ANY EFFICIENT ALLOCATION USING COMPETITION
329 10.4 PRODUCTION AND TRADING 329 COMPARATIVE ADVANTAGE 329 SOLVED
PROBLEM 10.3 332 EFFICIENT PRODUCT MIX 334 COMPETITION 334 10.5
EFFICIENCY AND EQUITY 337 ROLE OF THE GOVERNMENT 337 APPLICATION WEALTH
DISTRIBUTION IN THE UNITED STATES 337 EFFICIENCY 340 EQUITY 340
APPLICATION HOW YOU VOTE MATTERS 343 EFFICIENCY VERSUS EQUITY 345
SUMMARY 346 QUESTIONS 347 PROBLEMS 348 MARKET POWER AND PART FIVE MARKET
STRUCTURE CHAPTER 11 MONOPOLY 351 11.1 MONOPOLY PROFIT MAXIMIZATION 352
MARGINAL REVENUE 352 CHOOSING PRICE OR QUANTITY 356 GRAPHICAL APPROACH
357 MATHEMATICAL APPROACH 359 11.2 MARKET POWER 360 MARKET POWER AND THE
SHAPE OF THE DEMAND CURVE 360 LERNER INDEX 361 APPLICATION HUMANA
HOSPITALS SOURCES OF MARKET POWER 362 362 *11.3 EFFECTS OF A SHIFT OF
THE DEMAND CURVE 363 11.4 WELFARE EFFECTS OF MONOPOLY 364 GRAPHING THE
WELFARE LOSS 364 SOLVED PROBLEM II.I 366 APPLICATION COMPETITIVE VERSUS
MONOPOLY SUGAR TAX INCIDENCE 368 * WELFARE EFFECTS OF AD VALOREM VERSUS
SPECIFIC TAXES 368 11.5 COST ADVANTAGES THAT CREATE MONOPOLIES 370
SOURCES OF COST ADVANTAGES 370 NATURAL MONOPOLY 370 SOLVED PROBLEM U.2
372 APPLICATION ELECTRIC POWER UTILITIES 372 11.6 GOVERNMENT ACTIONS
THAT CREATE MONOPOLIES 373 BARRIERS TO ENTRY 373 APPLICATION ICELAND S
GOVERNMENT CREATES GENETIC MONOPOLY 374 PATENTS 374 APPLICATION BOTOX
PATENT MONOPOLY 375 11.7 GOVERNMENT ACTIONS THAT REDUCE MARKET POWER 377
REGULATING MONOPOLIES 377 SOLVED PROBLEM 11.3 379 INCREASING COMPETITION
382 DOMINANT FIRM AND COMPETITIVE FRINGE 383 CONTENTS SUMMARY 384
QUESTIONS 385 PROBLEMS 386 CHAPTER 12 PRICING 387 12.1 WHY AND HOW FIRMS
PRICE DISCRIMINATE 388 WHY PRICE DISCRIMINATION PAYS 388 APPLICATION
DISNEYLAND PRICING 390 WHO CAN PRICE DISCRIMINATE 391 PREVENTING RESALES
392 APPLICATION FLIGHT OF THE THUNDERBIRDS 392 NOT ALL PRICE DIFFERENCES
ARE PRICE DISCRIMINATION 393 TYPES OF PRICE DISCRIMINATION 393 12.2
PERFECT PRICE DISCRIMINATION 394 HOW A FIRM PERFECTLY PRICE
DISCRIMINATES 394 APPLICATION AMAZON IS WATCHING YOU 396 PERFECT PRICE
DISCRIMINATION: EFFICIENT BUT HURTS CONSUMERS 396 APPLICATION BOTOX
REVISITED 398 SOLVED PROBLEM 12.1 400 TRANSACTION COSTS AND PERFECT
PRICE DISCRIMINATION 400 12.3 QUANTITY DISCRIMINATION 401 403 12.4
MULTIMARKET PRICE DISCRIMINATION MULTIMARKET PRICE DISCRIMINATION WITH
TWO GROUPS 403 SOLVED PROBLEM 12.2 406 APPLICATION GENERICS AND
BRAND-NAME LOYALTY 407 IDENTIFYING GROUPS 408 APPLICATION CONSUMERS PAY
FOR LOWER PRICES 409 WELFARE EFFECTS OF MULTIMARKET PRICE DISCRIMINATION
410 12.5 TWO-PART TARIFFS 411 A TWO-PART TARIFF WITH IDENTICAL CONSUMERS
A TWO-PART TARIFF WITH NONIDENTICAL CONSUMERS 413 APPLICATION WAREHOUSE
STORES 414 412 12.6 TIE-IN SALES 415 REQUIREMENT TIE-IN SALES
APPLICATION IBM 415 BUNDLING 416 SUMMARY 418 415 QUESTIONS 418 PROBLEMS
419 * CROSS-CHAPTER ANALYSIS: DOCKING THEIR PAY 421 OLIGOPOLY AND
MONOPOLISTIC CHAPTER13 COMPETITION 423 , 13.1 MARKET STRUCTURES 424 13.2
GAME THEORY 426 A SINGLE-PERIOD, TWO-FIRM, QUANTITY-SETTING GAME 427 WHY
FIRMS DO NOT COOPERATE IN A SINGLE-PERIOD GAME 428 COLLUSION IN REPEATED
GAMES 429 APPLICATION OLIGOPOLY COMPETITION AMONG GOVERNMENTS 430 13.3
COOPERATIVE OLIGOPOLY MODELS 431 LAWS AGAINST CARTELS 432 APPLICATION
THE ART OF PRICE FIXING 433 WHY CARTELS FORM 434 WHY CARTELS FAIL 435
MAINTAINING CARTELS 436 APPLICATION A GOVERNMENT-CREATED CARTEL 437
ENTRY AND CARTEL SUCCESS 438 APPLICATION BAI L BONDS 438 MERGERS 438
APPLICATION AIRLINE MERGERS 439 13.4 COURNOT MODEL OF NONCOOPERATIVE
OLIGOPOLY 439 COURNOT MODEL OF AN AIRLINE MARKET 440 COMPARING THE
COURNOT AND CARTEL MODELS 444 THE COURNOT EQUILIBRIUM AND THE NUMBER OF
FIRMS 446 APPLICATION AIR TICKET PRICES AND RIVALRY 448 13.5 STACKELBERG
MODEL OF NONCOOPERATIVE BEHAVIOR 450 STACKELBERG GAME TREE 450
STACKELBERG GRAPHICAL MODEL 452 WHY MOVING SEQUENTIALLY IS ESSENTIAL 454
^STRATEGIC TRADE POLICY 454 SOLVED PROBLEM 13.1 458 APPLICATION EUROPEAN
CIGARETTE TAX INCIDENCE 459 13.6 COMPARISON OF COLLUSIVE, COURNOT,
STACKELBERG, AND COMPETITIVE EQUILIBRIA 459 CONTENTS XI APPLICATION
DEADWEIGHT LOSSES IN THE FOOD AND TOBACCO INDUSTRIES 460 13.7
MONOPOLISTIC COMPETITION 461 MONOPOLISTICALLY COMPETITIVE EQUILIBRIUM
461 FIXED COSTS AND THE NUMBER OF FIRMS 462 SOLVED PROBLEM 13.2 464 13.8
BERTRAND PRICE-SETTING MODEL 465 BERTRAND EQUILIBRIUM WITH IDENTICAL
PRODUCTS 465 BERTRAND EQUILIBRIUM WITH DIFFERENTIATED PRODUCTS 467
DIFFERENTIATING PRODUCTS 468 APPLICATION BLUE FRIES, GREEN KETCHUP 469
APPLICATION WELFARE GAIN FROM NEW CEREALS 470 SUMMARY 471 QUESTIONS 472
PROBLEMS 473 * CROSS-CHAPTER ANALYSIS: FREQUENT FLIER PROGRAMS 475
CHAPTER 14 STRATEGY 478 APPLICATION CLEANING THE AIR 479 14.1 PREVENTING
ENTRY: SIMULTANEOUS DECISIONS 480 ROOM FOR TWO FIRMS 480 ROOM FOR ONLY
ONE FIRM 481 SUMMARY OF THE SIMULTANEOUS-DECISION ENTRY GAME 482 SOLVED
PROBLEM 14.1 482 14.2 PREVENTING ENTRY: SEQUENTIAL DECISIONS 483 TO ACT
OR NOT TO ACT? 484 APPLICATION GOVERNMENT S HELPING HAND 486 COMMITMENT
AND ENTRY PREVENTION 487 SOLVED PROBLEM 14.) 490 ^COMMITMENT AND FIXED
COSTS 490 SOLVED PROBLEM 14.3 496 14.3 CREATING AND USING COST
ADVANTAGES 497 LOWERING MARGINAL COST WHILE RAISING TOTAL COST 497
LEARNING BY DOING 498 RAISING RIVALS 1 COSTS 499 APPLICATION HITTING
RIVALS WHERE IT HURTS 499 RAISING ALL FIRMS COSTS 500 ADVANTAGES AND
DISADVANTAGES TO MOVING FIRST 501 PREVENTING ENTRY.- SUMMARY 502
APPLICATION EVIDENCE ON STRATEGIC ENTRY DETERRENCE 502 14.4 ADVERTISING
503 MONOPOLY ADVERTISING 504 APPLICATION DRUG COMMERCIALS 504
APPLICATION O.J. TRIAL EFFECT 507 STRATEGIC ADVERTISING 508 APPLICATION
SPLENDA 508 SUMMARY 510 QUESTIONS 511 PROBLEMS 512 * CROSS-CHAPTER
ANALYSIS: MAGAZINE SUBSCRIPTIONS 513 PART SIX FACTOR MARKETS FACTOR
MARKETS AND CHAPTER 15 VERTICAL INTEGRATION 516 15.1 COMPETITIVE FACTOR
MARKET 517 SHORT-RUN FACTOR DEMAND OF A FIRM 517 SOLVED PROBLEM 15.1 522
APPLICATION THREAD WILL 522 LONG-RUN FACTOR DEMAND 523 FACTOR MARKET
DEMAND 524 COMPETITIVE FACTOR MARKET EQUILIBRIUM 527 15.2 EFFECT OF
MONOPOLIES ON FACTOR MARKETS 527 MARKET STRUCTURE AND FACTOR DEMANDS 527
A MODEL OF MARKET POWER IN INPUT AND OUTPUT MARKETS 529 APPLICATION
RECORD PRICES 531 APPLICATION UNION MONOPOLY POWER 532 SOLVED PROBLEM
15.2 534 APPLICATION BASEBALL SALARIES AND TICKET PRICES 535 15.3
MONOPSONY 536 MONOPSONY PROFIT MAXIMIZATION 536 APPLICATION MONOPSONY
WAGE SETTING 539 WELFARE EFFECTS OF MONOPSONY 539 SOLVED PROBLEM 15.3
559 MONOPSONY PRICE DISCRIMINATION 541 APPLICATION MONOPSONY PRICE
DISCRIMINATION 542 15.4 VERTICAL INTEGRATION 543 STAGES OF PRODUCTION
543 DEGREE OF VERTICAL INTEGRATION 544 PRODUCE OR BUY 544 APPLICATION
AUTOMAKER BUYING SITE 545 XTT CONTENTS APPLICATION ALUMINUM 546
APPLICATION SHELF-ISH BEHAVIOR 548 SUMMARY 549 QUESTIONS 549 PROBLEMS
550 * CROSS-CHAPTER ANALYSIS: WHY THE BLACK DEATH DROVE UP WAGES 551
INTEREST RATES, INVESTMENTS, AND CHAPTER16 CAPITAL MARKETS 554 16.1
COMPARING MONEY TODAY TO MONEY IN THE FUTURE 555 INTEREST RATES 555
APPLICATION USURY 556 USING INTEREST RATES TO CONNECT THE PRESENT AND
FUTURE 559 APPLICATION POWER OF COMPOUNDING 559 STREAM OF PAYMENTS 561
SOLVED PROBLEM 16.1 563 APPLICATION SAVING FOR RETIREMENT 564 INFLATION
AND DISCOUNTING 565 APPLICATION WINNING THE LOTTERY 566 16.2 CHOICES
OVER TIME 567 APPLICATION COMPARING TWO CONTRACTS 568 INVESTING 568
SOLVED PROBLEM 16.2 570 SOLVED PROBLEM 16.3 571 RATE OF RETURN ON BONDS
571 DURABILITY 572 APPLICATION DURABILITY OF TELEPHONE POLES 572 HUMAN
CAPITAL 573 16.3 EXHAUSTIBLE RESOURCES 576 WHEN TO SELL AN EXHAUSTIBLE
RESOURCE 576 PRICE OF A SCARCE EXHAUSTIBLE RESOURCE 577 APPLICATION
REDWOOD TREES 580 WHY PRICE MAY BE CONSTANT OR FALL 582 16.4 CAPITAL
MARKETS, INTEREST RATES, AND INVESTMENTS 584 INCREASED SAVINGS, MORE
INVESTMENT 585 INCREASED GOVERNMENT DEMAND, LESS PRIVATE INVESTMENT 585
APPLICATION TAKING FROM FUTURE GENERATIONS 586 SUMMARY 586 QUESTIONS 587
PROBLEMS 587 PART SEVEN UNCERTAINTY, MISSING MARKETS, AND LIMITED
INFORMATION CHAPTER17 UNCERTAINT Y 589 17.1 DEGREE OF RISK 590
PROBABILITY 590 EXPECTED VALUE 592 SOLVED PROBLEM 17.1 592 VARIANCE AND
STANDARD DEVIATION 593 17.2 DECISION MAKING UNDER UNCERTAINTY 595
EXPECTED UTILITY 595 RISK AVERSION 596 SOLVED PROBLEM 17.2 598 RISK
NEUTRALITY 599 RISK PREFERENCE 599 APPLICATION GAMBLING 600 17.3
AVOIDING RISK 603 JUST SAY NO 603 OBTAIN INFORMATION 604 DIVERSIFY 604
INSURE 606 SOLVED PROBLEM 17.3 607 APPLICATION FLIGHT INSURANCE 609
APPLICATION NO INSURANCE FOR TERRORISM AND NATURAL DISASTERS 610 17.4
INVESTING UNDER UNCERTAINTY 611 HOW INVESTING DEPENDS ON ATTITUDES
TOWARD RISK 611 APPLICATION RISK PREMIUM 613 INVESTING WITH UNCERTAINTY
AND DISCOUNTING 613 INVESTING WITH ALTERED PROBABILITIES 614 APPLICATION
LOANS, DEFAULTS, AND USURY LAWS 615 SUMMARY 617 QUESTIONS 617 PROBLEMS
618 CHAPTER18 EXTERNALITIES, COMMONS, AND PUBLIC GOODS 620 18.1
EXTERNALITIES 621 APPLICATION DEATH BY SUV 622 APPLICATION MICHAEL
JORDAN S POSITIVE EXTERNALITIES 622 CONTENTS XLLL 18.2 THE INEFFICIENCY
OF COMPETITION WITH EXTERNALITIES 623 SUPPLY-AND-DEMAND ANALYSIS 623
SOLVED PROBLEM 18.1 628 APPLICATION TAXES ON FUELS 629 APPLICATION
SOBERING DRUNK DRIVERS 630 COST-BENEFIT ANALYSIS 631 APPLICATION
EMISSIONS STANDARDS FOR OZONE 633 18.3 MARKET STRUCTURE AND
EXTERNALITIES 635 MONOPOLY AND EXTERNALITIES 635 MONOPOLY VERSUS
COMPETITIVE WELFARE WITH EXTERNALITIES 635 SOLVED PROBLEM 18.2 637
TAXING EXTERNALITIES IN NONCOMPETITIVE MARKETS 637 18.4 ALLOCATING
PROPERTY RIGHTS TO REDUCE EXTERNALITIES 638 COASE THEOREM 638 MARKETS
FOR POLLUTION 641 APPLICATION POLLUTION MARKETS 642 18.5 COMMON PROPERTY
643 OVERUSE OF COMMON PROPERTY 643 APPLICATION OVERFISHING 644 SOLVING
THE COMMONS PROBLEM 645 APPLICATION FOR WHOM THE BRIDGE TOLLS 645 18.6
PUBLIC GOODS 646 TYPES OF GOODS 647 MARKETS FOR PUBLIC GOODS 648
REDUCING FREE RIDING 651 APPLICATION FREE RIDING ON WATER 651 VALUING
PUBLIC GOODS 652 SUMMARY 654 QUESTIONS 654 PROBLEMS 655 * CROSS-CHAPTER
ANALYSIS: EMISSIONS FEES VERSUS STANDARDS UNDER UNCERTAINTY 656
APPLICATION RISKY HOBBIES 662 19.3 HOW IGNORANCE ABOUT QUALITY DRIVES
OUT HIGH-QUALITY GOODS 662 LEMONS MARKET WITH FIXED QUALITY 663 SOLVED
PROBLEM 19.1 666 LEMONS MARKET WITH VARIABLE QUALITY 666 LIMITING LEMONS
667 APPLICATION RECYCLING LEMONS 667 APPLICATION COLLEGE GUARANTEE 670
19.4 PRICE DISCRIMINATION DUE TO FALSE BELIEFS ABOUT QUALITY 671
APPLICATION MULTIPLE BRAND NAMES 671 19.5 MARKET POWER FROM PRICE
IGNORANCE 672 TOURIST-TRAP MODEL 673 SOLVED PROBLEM 19.2 674 ADVERTISING
AND PRICES 675 APPLICATION ADVERTISING LOWERS PRICES 675 19.6 PROBLEMS
ARISING FROM IGNORANCE WHEN HIRING 676 INFORMATION ABOUT EMPLOYMENT
RISKS CHEAP TALK 677 EDUCATION AS A SIGNAL 679 SOLVED PROBLEM 19.3 681
SCREENING IN HIRING 684 SUMMARY 68 5 QUESTIONS 686 PROBLEMS 687 676
CONTRACTS AND MORAL HAZARDS CHAPTER 19 ASYMMETRIC INFORMATION 658 19.1
PROBLEMS DUE TO ASYMMETRIC INFORMATION 659 19.2 RESPONSES TO ADVERSE
SELECTION 660 CONTROLLING OPPORTUNISTIC BEHAVIOR THROUGH UNIVERSAL
COVERAGE 660 EQUALIZING INFORMATION 661 CHAPTER 20 20.1 PRINCIPAL-AGENT
PROBLEM 689 A MODEL 690 TYPES OF CONTRACTS 690 EFFICIENCY 691 20.2
PRODUCTION EFFICIENCY 692 EFFICIENT CONTRACT 692 FULL INFORMATION 693
SOLVED PROBLEM 20.1 698 ASYMMETRIC INFORMATION 698 APPLICATION CONTRACTS
AND PRODUCTIVITY IN AGRICULTURE 699 20.3 TRADE-OFF BETWEEN EFFICIENCY IN
PRODUCTION AND IN RISK BEARING 700 CONTRACTS AND EFFICIENCY 700 CHOOSING
THE BEST CONTRACT 703 APPLICATION LAWYERS CONTINGENT FEES 704 XIV
CONTENTS SOLVED PROBLEM 30.2 704 20.4 PAYMENTS LINKED TO PRODUCTION OR
PROFIT 706 PIECE-RATE HIRE CONTRACTS 706 APPLICATION PLEASED TO BE PAID
BY THE PIECE 707 CONTINGENT CONTRACT REWARDS LINKED TO A FIRM S SUCCESS
708 APPLICATION INCREASING USE OF INCENTIVES 708 20.5 MONITORING 709
BONDING 709 SOLVED PROBLEM 20.3 711 DEFERRED PAYMENTS 712 EFFICIENCY
WAGES 713 AFTER-THE-FACT MONITORING 715 APPLICATION ABUSING LEASED CARS
716 APPLICATION SAVINGS AND LOANS MORAL HAZARDS 717 20.6 CHECKS ON
PRINCIPALS 718 APPLICATION PERFORMANCE TERMINATION CONTRACTS 719 20.7
CONTRACT CHOICE 721 SUMMARY 722 QUESTIONS 723 PROBLEMS 724 CHAPTER
APPENDIXES APPENDIX 2A: REGRESSIONS A-L APPENDIX 3A: EFFECTS OF A
SPECIFIC TAX ON EQUILIBRIUM A-3 APPENDIX 4A: UTILITY AND INDIFFERENCE
CURVES APPENDIX 4B: MAXIMIZING UTILITY A-6 APPENDIX 5A: THE SLUTSKY
EQUATION A-8 APPENDIX 5B: LABOR-LEISURE MODEL A-9 APPENDIX 6A:
PROPERTIES OF MARGINAL AND AVERAGE PRODUCT CURVES A-10 A-4 APPENDIX 6B:
COBB-DOUGLAS PRODUCTION FUNCTION A-LL APPENDIX 7A: MINIMUM OF THE
AVERAGE COST CURVE A-LL APPENDIX 7B: NORWEGIAN PRINTING FIRM S SHORT-RUN
COST CURVES A-L 2 APPENDIX 7C: MINIMIZING COST A-13 APPENDIX 8A: THE
ELASTICITY OF THE RESIDUAL DEMAND CURVE A-15 APPENDIX 8B: PROFIT
MAXIMIZATION A-15 APPENDIX 9 A: DEMAND ELASTICITIES AND SURPLUS A-16
APPENDIX 11 A: RELATIONSHIP BETWEEN A LINEAR DEMAND CURVE AND ITS
MARGINAL REVENUE CURVE A-L 7 APPENDIX 11B: INCIDENCE OF A SPECIFIC TAX
ON A MONOPOLY A-17 APPENDIX 12A: PERFECT PRICE DISCRIMINATION A-L8
APPENDIX 12B: QUANTITY DISCRIMINATION A-L 9 APPENDIX 12C: MULTIMARKET
PRICE DISCRIMINATION A-L9 APPENDIX 12D: TWO-PART TARIFFS A-20 APPENDIX
13A: COURNOT EQUILIBRIUM A-20 APPENDIX 13B: STACKELBERG EQUILIBRIUM A-23
APPENDIX 13C: BERTRAND EQUILIBRIUM A-23 APPENDIX 14A: MIXED STRATEGIES
A-25 APPENDIX 14B: PROFIT-MAXIMIZING ADVERTISING AND PRODUCTION A-25
APPENDIX 15A: FACTO R DEMANDS A-26 APPENDIX 15B: MONOPSONY A-27 APPENDIX
16A: PERPETUITY A-28 APPENDIX 18A: WELFARE EFFECTS OF POLLUTION IN A
COMPETITIVE MARKET A-28 APPENDIX 20A: NONSHIRKING CONDITION A-30 ANSWERS
TO SELECTED PROBLEMS A-31 ANSWERS TO QUESTIONS FOR CROSS-CHAPTER
ANALYSIS A-40 DEFINITIONS A-42 REFERENCES A-48 SOURCES FOR APPLICATIONS
A-55 CREDITS A-63 INDEX A-64
|
| any_adam_object | 1 |
| author | Perloff, Jeffrey M. 1950- |
| author_GND | (DE-588)131407481 |
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| author_variant | j m p jm jmp |
| building | Verbundindex |
| bvnumber | BV014878619 |
| callnumber-first | H - Social Science |
| callnumber-label | HB172 |
| callnumber-raw | HB172 |
| callnumber-search | HB172 |
| callnumber-sort | HB 3172 |
| callnumber-subject | HB - Economic Theory and Demography |
| classification_rvk | QC 100 |
| classification_tum | WIR 020f |
| ctrlnum | (OCoLC)50961036 (DE-599)BVBBV014878619 |
| dewey-full | 338.5 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 338 - Production |
| dewey-raw | 338.5 |
| dewey-search | 338.5 |
| dewey-sort | 3338.5 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 3. ed., internat. ed. |
| format | Book |
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| genre | (DE-588)4123623-3 Lehrbuch gnd-content |
| genre_facet | Lehrbuch |
| id | DE-604.BV014878619 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T19:08:19Z |
| institution | BVB |
| isbn | 0321181972 032119764X |
| language | English |
| lccn | 2002038352 |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-010061526 |
| oclc_num | 50961036 |
| open_access_boolean | |
| owner | DE-92 DE-M49 DE-BY-TUM DE-19 DE-BY-UBM DE-739 DE-83 DE-945 |
| owner_facet | DE-92 DE-M49 DE-BY-TUM DE-19 DE-BY-UBM DE-739 DE-83 DE-945 |
| physical | XXIII, 724, A-80 S. Ill., graph. Darst. 1 Beil. |
| publishDate | 2004 |
| publishDateSearch | 2004 |
| publishDateSort | 2004 |
| publisher | Pearson Addison Wesley |
| record_format | marc |
| series2 | The Addison-Wesley series in economics |
| spelling | Perloff, Jeffrey M. 1950- Verfasser (DE-588)131407481 aut Microeconomics Jeffrey M. Perloff 3. ed., internat. ed. Boston, Mass. [u.a.] Pearson Addison Wesley 2004 XXIII, 724, A-80 S. Ill., graph. Darst. 1 Beil. txt rdacontent n rdamedia nc rdacarrier The Addison-Wesley series in economics Using real-world examples and modern theories to analyse actual markets, this book offers a practical perspective on microeconomic theory and how it is used to resolve problems and analyse policy issues. Micro-economie gtt Microeconomics Mikroökonomie (DE-588)4039225-9 gnd rswk-swf (DE-588)4123623-3 Lehrbuch gnd-content Mikroökonomie (DE-588)4039225-9 s b DE-604 SWB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010061526&sequence=000004&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Perloff, Jeffrey M. 1950- Microeconomics Micro-economie gtt Microeconomics Mikroökonomie (DE-588)4039225-9 gnd |
| subject_GND | (DE-588)4039225-9 (DE-588)4123623-3 |
| title | Microeconomics |
| title_auth | Microeconomics |
| title_exact_search | Microeconomics |
| title_full | Microeconomics Jeffrey M. Perloff |
| title_fullStr | Microeconomics Jeffrey M. Perloff |
| title_full_unstemmed | Microeconomics Jeffrey M. Perloff |
| title_short | Microeconomics |
| title_sort | microeconomics |
| topic | Micro-economie gtt Microeconomics Mikroökonomie (DE-588)4039225-9 gnd |
| topic_facet | Micro-economie Microeconomics Mikroökonomie Lehrbuch |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010061526&sequence=000004&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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