Price Theory and Applications (7th ed.)

Decisions, Markets, and Information

by Jack Hirshleifer, Amihai Glazer, David Hirshleifer

Subject categories
ISBNs
  • 9780521523424
  • 9780511343285
  • 9781107485877
This new seventh edition of the book offers extensive discussion of information, uncertainty, and game theory. It contains over a hundred examples illustrating the applicability of economic analysis not only to mainline economic topics but also issues in politics, history, biology, the family, and many other areas. These discussions generally describe recent research published in scholarly books and articles, giving students a good idea of the scientific work done by professional economists. In addition, at appropriate places the text provides 'applications' representing more extended discussions of selected topics including rationing in wartime (Chapter 5), import quotas (Chapter 7), alleged monopolistic suppression of inventions (Chapter 9), minimum wage laws (Chapter 11), the effects of Social Security upon saving (Chapter 15), fair division of disrupted property (Chapter 16) and whether individuals should pay ransom to a kidnapper (Chapter 17).

  • Cambridge University Press; September 2005
  • ISBN: 9780511343285
  • Edition: 7
  • Read online, or download in secure PDF or secure ePub format
  • Title: Price Theory and Applications
  • Author: Jack Hirshleifer; Amihai Glazer; David Hirshleifer
  • Imprint: Cambridge University Press
Subject categories
ISBNs
  • 9780521523424
  • 9780511343285
  • 9781107485877

In The Press

'This seventh edition of a now classic text in intermediate microeconomics develops the subject in a lively manner that should be attractive to both students and teachers alike … This is arguably one of the few best intermediate level microeconomics textbooks around.' Abhinay Muthoo, University of Essex

Subject categories
ISBNs
  • 9780521523424
  • 9780511343285
  • 9781107485877