Optimization in Economic Theory

A new edition of a student textbook. It gives a broad treatment of optimization methods, building on simple economic theory and elementary linear algebra and calculus, and reinforcing each new mathematical idea by relating it to its economics application.

Optimization in economic theory

Business & Money

DIXIT, Avinash K.

Economics

Oxford University Press

Building on a base of simple economic theory and elementary linear algebra and calculus, this broad treatment of static and dynamic optimization methods discusses the importance of shadow prices and functions defined by solutions of optimization problems.

Building on a base of simple economic theory and elementary linear algebra and calculus, this broad treatment of static and dynamic optimization methods discusses the importance of shadow prices, and reviews functions defined by solutions of optimization problems. Recently revised and expanded, the second edition will be a valuable resource for upper level undergraduate and graduate students.

Building on a base of simple economic theory and elementary linear algebra and calculus, this broad treatment of static and dynamic optimization methods discusses the importance of shadow prices, and reviews functions defined by solutions of optimization problems. Recently revised and expanded by the author, the second edition of this popular student text will be a valuable resource for upper level undergraduate and graduate students.

The Making of Economic Policy begins by observing that most countries' trade policies are so blatantly contrary to all the prescriptions of the economist that there is no way to understand this discrepancy except by delving into the politics. The same is true for many other dimensions of economic policy.Avinash Dixit looks for an improved understanding of the politics of economic policy-making from a transaction cost perspective. Such costs of planning, implementing, and monitoring an exchange have proved critical to explaining many phenomena in industrial organization. Dixit discusses the variety of similar transaction costs encountered in the political process of making economic policy and how these costs affect the operation of different institutions and policies.Dixit organizes a burgeoning body of research in political economy in this framework. He uses U.S. fiscal policy and the General Agreement on Tariffs and Trade (GATT) as two examples that illustrate the framework, and show how policy often deviates from the economist's ideal of efficiency. The approach reveals, however, that some seemingly inefficient practices are quite creditable attempts to cope with transaction costs such as opportunism and asymmetric information.Copublished with the Center for Economic Studies and the Ifo Institute

The Making of Economic Policy: A Transaction Cost Politics Perspective (Munich Lectures) (Munich Lectures in Economics)

Mit Pr

The Making of Economic Policy begins by observing that most countries' trade policies are so blatantly contrary to all the prescriptions of the economist that there is no way to understand this discrepancy except by delving into the politics. The same is true for many other dimensions of economic policy.
Avinash Dixit looks for an improved understanding of the politics of economic policy-making from a transaction cost perspective. Such costs of planning, implementing, and monitoring an exchange have proved critical to explaining many phenomena in industrial organization. Dixit discusses the variety of similar transaction costs encountered in the political process of making economic policy and how these costs affect the operation of different institutions and policies.
Dixit organizes a burgeoning body of research in political economy in this framework. He uses U.S. fiscal policy and the General Agreement on Tariffs and Trade (GATT) as two examples that illustrate the framework, and show how policy often deviates from the economist's ideal of efficiency. The approach reveals, however, that some seemingly inefficient practices are quite creditable attempts to cope with transaction costs such as opportunism and asymmetric information.
Copublished with the Center for Economic Studies and the Ifo Institute

The Making of Economic Policy: A Transaction Cost Politics Perspective (The Munich Lectures)

MIT Press]

Uses game theory to create a set of basic strategic principles for sports, politics, business, and personal life

Thinking Strategically: The Competitive Edge in Business, Politics and Everyday Life

Nalebuff, Barry J.

Management & Leadership

W.W. Norton & Co., Inc.

The authors who brought you the bestseller in game theory, Thinking Strategically, now provide the long-awaited sequel. Game theory means rigorous strategic thinking. It's the art of anticipating your opponent's next moves, knowing full well that your rival is trying to do the same thing to you. Though parts of game theory involve simple common sense, much is counterintuitive, and it can only be mastered by developing a new way of seeing the world. Using a diverse array of rich case studies―from pop culture, TV, movies, sports, politics, and history―the authors show how nearly every business and personal interaction has a game-theory component to it. Are the winners of reality-TV contests instinctive game theorists? Do big-time investors see things that most people miss? What do great poker players know that you don't? Mastering game theory will make you more successful in business and life, and this lively book is the key to that mastery.

The Art of Strategy: A Game Theorist's Guide to Success in Business and Life

W.W.Norton&Company

Engaging and highly readable, Games of Strategy is a clear and comprehensive introduction to the study of game theory. The third edition uses resonant, real-world examples to simplify complex theoretical ideas, helping students see the value of strategic thinking in a variety of situations.

Games of Strategy (Third International Student Edition)

Skeath, Susan

Reiley Jr., David H.

Games of Strategy

What makes this the best-selling text on Game Theory?Games of Strategy, famous for its simple yet accurate exposition and its great examples and exercises, has been extensively revised for this Fourth Edition. The key to its broad success is that the authors assume no prior knowledge of game theory and present the material in the most accessible way possible. With new and improved features and compelling end-of-chapter exercises, this Fourth Edition of Games of Strategy continues to engage students around the world.

See the best price to sell, buy, or rent books by DIXIT, Avinash K.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by DIXIT, Avinash K.

See the best price to sell, buy, or rent books by DIXIT, Avinash K.. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Optimization in economic theory

Optimization in Economic Theory

Optimization in Economic Theory

Optimization in Economic Theory

The Making of Economic Policy: A Transaction Cost Politics Perspective (Munich Lectures) (Munich Lectures in Economics)

The Making of Economic Policy: A Transaction Cost Politics Perspective (The Munich Lectures)

Thinking Strategically: The Competitive Edge in Business, Politics and Everyday Life

The Art of Strategy: A Game Theorist's Guide to Success in Business and Life

Games of Strategy (Third International Student Edition)

Games of Strategy