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Lecture Notes in Microeconomic Theory - …

September 29, 2005 12:58 master Sheet number 5 Page number iii Lecture Notes in Microeconomic Theory The Economic Agent Ariel Rubinstein PRINCETON UNIVERSITY PRESS. PRINCETON AND OXFORD. September 29, 2005 12:58 master Sheet number 6 Page number iv Copyright 2006 by Princeton University Press. Requests for permission to reproduce material from this work should be sent to Permissions, Princeton University Press. Published by Princeton University Press, 41 William Street, Princeton, New Jersey 08540. In the United Kingdom: Princeton University Press, 3 Market Place, Woodstock, Oxfordshire OX20 1SY. All Rights Reserved Library of Congress Cataloging-in-Publication Data Rubinstein, Ariel. Lecture Notes in Microeconomic Theory : the economic agent / Ariel Rubinstein. p. cm. Includes bibliographical references and index. ISBN-13: 978-0-691-12030-0 (cl : alk. paper). ISBN-13: 978-0-691-12031-7 (pbk.)

Microeconomic models investigate as- sumptions about economic agents’ activities and about interactions between these agents. An economic agent is the basic unit operat-

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