Transcription of Advanced Microeconomic Theory ADVANCED
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ADVANCED Microeconomic THEORYTHIRD EDITIONADVANCED Microeconomic THEORYTHIRD EDITIONADVANCED Microeconomic THEORYTHIRD EDITIONGEOFFREY A. JEHLEPHILIP J. RENYGEOFFREY A. JEHLEPHILIP J. RENYGEOFFREY A. JEHLEPHILIP J. photograph Getty ImagesThe classic text in ADVANCED Microeconomic Theory , revised and expanded. ADVANCED Microeconomic Theory remains a rigorous, up-to-date standard in microeconomics , giving all the core mathematics and modern Theory the ADVANCED student must master. Long known for careful development of complex Theory , together with clear, patient explanation, this student-friendly text, with its effi cient theorem-proof organisation, and many examples and exercises, is uniquely effective in ADVANCED in this edition General equilibrium with contingent commodities Expanded treatment of social choice, w
2.1.3 Indirect Utility and Consumer Preferences 81 2.2 Integrability 85 2.3 Revealed Preference 91 2.4 Uncertainty 97 2.4.1 Preferences 98 2.4.2 Von Neumann-Morgenstern Utility 102 2.4.3 Risk Aversion 110 2.5 Exercises 118 CHAPTER 3 THEORY OF THE FIRM 125 3.1 Primitive Notions 125 3.2 Production 126 3.2.1 Returns to Scale and Varying ...
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