{"title":"David M. Kreps","description":"\u003cp\u003eDavid M. Kreps offers a rigorous exploration of microeconomic theory, presenting complex concepts with clarity and precision. His works delve into the foundational principles that underpin economic decision-making, blending mathematical formality with accessible exposition.\u003c\/p\u003e\n\n\u003cp\u003eIdeal for students and professionals alike, Kreps’ books serve as essential reference points within the field of economics, providing deep insights into theoretical frameworks and their practical applications in market behaviour and strategic interaction.\u003c\/p\u003e","products":[{"product_id":"microeconomic-foundations-i-by-david-m-kreps-9780691155838","title":"Microeconomic Foundations I","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003ci\u003eMicroeconomic Foundations I\u003c\/i\u003e develops the choice, price, and general equilibrium theory topics typically found in first-year theory sequences, but in deeper and more complete mathematical form than most standard texts provide. The objective is to take the reader from acquaintance with these foundational topics to something closer to mastery of the models and results connected to them.\u003c\/p\u003e\n\n\u003cp\u003eProvides a rigorous treatment of some of the basic tools of economic modelling and reasoning, along with an assessment of the strengths and weaknesses of these tools. Complements standard texts and covers:\u003c\/p\u003e\n\n\u003cul\u003e\n    \u003cli\u003eChoice, preference, and utility\u003c\/li\u003e\n    \u003cli\u003eStructural properties of preferences and utility functions\u003c\/li\u003e\n    \u003cli\u003eBasics of consumer demand\u003c\/li\u003e\n    \u003cli\u003eRevealed preference and Afriat's Theorem\u003c\/li\u003e\n    \u003cli\u003eChoice under uncertainty\u003c\/li\u003e\n    \u003cli\u003eDynamic choice\u003c\/li\u003e\n    \u003cli\u003eSocial choice and efficiency\u003c\/li\u003e\n    \u003cli\u003eCompetitive and profit-maximising firms\u003c\/li\u003e\n    \u003cli\u003eExpenditure minimisation\u003c\/li\u003e\n    \u003cli\u003eDemand theory (duality methods)\u003c\/li\u003e\n    \u003cli\u003eProducer and consumer surplus\u003c\/li\u003e\n    \u003cli\u003eAggregation\u003c\/li\u003e\n    \u003cli\u003eGeneral equilibrium\u003c\/li\u003e\n    \u003cli\u003eEfficiency and the core\u003c\/li\u003e\n    \u003cli\u003eGET, time, and uncertainty\u003c\/li\u003e\n    \u003cli\u003eOther topics\u003c\/li\u003e\n\u003c\/ul\u003e\n\n\u003cp\u003eFeatures a free web-based student's guide, which gives solutions to approximately half the problems, and a limited-access instructor's manual, which provides solutions to the rest of the problems. Contains appendixes that review most of the specific mathematics employed in the book, including a from-first-principles treatment of dynamic programming.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":47606914121964,"sku":"9780691155838","price":109.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780691155838-microeconomic-foundations-i.jpg?v=1778156979"},{"product_id":"microeconomic-foundations-ii-by-david-m-kreps-9780691250144","title":"Microeconomic Foundations II","description":"\u003cdiv class=\"book-description\"\u003e\n\u003cp\u003e\u003cstrong\u003eA cutting-edge introduction to key topics in modern economic theory for first-year graduate students in economics and related fields.\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cp\u003eVolume II of \u003cem\u003eMicroeconomic Foundations\u003c\/em\u003e introduces models and methods at the centre of modern microeconomic theory. In this textbook, David Kreps, a leading economic theorist, emphasises 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 modelling and analysing microeconomic phenomena, the book stresses the applications of game theory to economics. Throughout, it underscores why theory is most useful when it supports rather than supplants economic intuition.\u003c\/p\u003e\n\n\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 signalling, 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\n\u003c\/div\u003e","brand":"Hachette Aotearoa New Zealand","offers":[{"title":"Default Title","offer_id":47606916972780,"sku":"9780691250144","price":145.0,"currency_code":"NZD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0705\/7784\/8556\/files\/9780691250144-microeconomic-foundations-ii.jpg?v=1778156990"}],"url":"https:\/\/bookhero.co.nz\/collections\/david-m-kreps.oembed","provider":"Book Hero","version":"1.0","type":"link"}