{"product_id":"microeconomic-foundations-ii-imperfect-competition-information-and-strategic-interaction-9780691250144","title":"Microeconomic Foundations II: Imperfect Competition, Information, and Strategic Interaction","description":"\u003cp\u003e\u003cb\u003eA cutting-edge introduction to key topics in modern economic theory for first-year graduate students in economics and related fields\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eVolume II of \u003ci\u003eMicroeconomic Foundations\u003c\/i\u003e introduces models and methods at the center of modern microeconomic theory. In this textbook, David Kreps, a leading economic theorist, emphasizes foundational material, concentrating on seminal work that provides perspective on how and why the theory developed. Because noncooperative game theory is the chief tool of modeling and analyzing microeconomic phenomena, the book stresses the applications of game theory to economics. And throughout, it underscores why theory is most useful when it supports rather than supplants economic intuition.\u003cbr\u003e\u003cul\u003e\n\u003cli\u003eIntroduces first-year graduate students to the models and methods at the core of microeconomic theory today\u003c\/li\u003e\n\u003cli\u003eCovers an extensive range of topics, including the agency theory, market signaling, relational contracting, bilateral bargaining, auctions, matching markets, and mechanism design\u003c\/li\u003e\n\u003cli\u003eStresses the use--and misuse--of theory in studying economic phenomena and shows why theory should support, not replace, economic intuition\u003c\/li\u003e\n\u003cli\u003eIncludes extensive appendices reviewing the essential concepts of noncooperative game theory, with guidance about how it should and shouldn't be used\u003c\/li\u003e\n\u003cli\u003eFeatures free online supplements, including chapter outlines and overviews, solutions to all the problems in the book, and more\u003c\/li\u003e\n\u003c\/ul\u003e\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eDavid M. Kreps\u003c\/b\u003e is the Adams Distinguished Professor Emeritus of Management at Stanford University's Graduate School of Business. He is a Distinguished Fellow of the American Economic Association, a fellow of the Econometric Society and the American Academy of Arts and Sciences, and a member of the National Academy of Sciences. His books include \u003ci\u003eMicroeconomic Foundations I: Choice and Competitive Markets\u003c\/i\u003e (Princeton), \u003ci\u003eMicroeconomics for Managers \u003c\/i\u003e(Princeton), \u003ci\u003eThe Motivation Toolkit: How to Align Your Employees' Interests with Your Own\u003c\/i\u003e, and \u003ci\u003eThe Black-Scholes-Merton Model as an Idealization of Discrete-Time Economies\u003c\/i\u003e.\u003cbr\u003e","brand":"Princeton University Press","offers":[{"title":"Default Title","offer_id":50653985702162,"sku":"9780691250144","price":73.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_c54c6360-a9ef-4610-b9f3-4d134cfa7fff.jpg?v=1733369297","url":"https:\/\/surprise-castle.myshopify.com\/products\/microeconomic-foundations-ii-imperfect-competition-information-and-strategic-interaction-9780691250144","provider":"Surprise Castle","version":"1.0","type":"link"}