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Elmar Wolfstetter

Topics in Microeconomics: Industrial Organization, Auctions and Incentives

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ISBN: 0521645344, 978-0-52164-534-8
Издательство: Cambridge University Press
This book in microeconomics focuses on the strategic analysis of markets under imperfect competition, incomplete information, and incentives. Part I of the book covers imperfect competition, from monopoly and regulation to the strategic analysis of oligopolistic markets. Part II explains the analytics of risk, stochastic dominance, and risk aversion, supplemented with a variety of applications from different areas in economics. Part III focuses on markets and incentives under incomplete information, including a comprehensive introduction to the theory of auctions, which plays an important role in modern economics.