Titlebook: Microeconomics for the Critical Mind; Mainstream and Heter Fabio Petri Textbook 2021 The Editor(s) (if applicable) and The Author(s), under

Blasphemy

Uncertainty and General Equilibrium, equilibrium theory. It starts with lotteries and utility over lotteries, it defines Von Neumann–Morgenstern expected utility and the axioms that justify its form; then it introduces the Arrow–Pratt measure of absolute risk aversion, CARA and CRRA utility functions, stochastic dominance, Jensen’s in

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Back to Long-Period Prices,ium determination of prices. First, it discusses whether modern analyses undermine the traditional thesis of a gravitation towards a uniform rate of return, or of profit, on capital; the conclusion is that the traditional view remains convincing. Then the chapter enlarges the theory of long-period p

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Games and Information,games, dominant strategies, Nash equilibrium, backward induction, subgame perfection, repeated games, Bayesian games, sequential rationality, behavioural strategies, perfect Bayesian equilibrium, sequential equilibrium. The Centipede game is taken as an incentive to be critical of the usual definiti

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沙文主义

Welfare, Externalities, Public Goods and Happiness,plains why externalities and public goods are not efficiently treated by a market economy, and what can be done to correct the inefficiencies; the Coase theorem; the tragedy of the commons; and some problems with the Internet. Then it presents rigorous proofs of the First and Second Fundamental Theo

MARS

Mathematical Review,n the least aim at making it superfluous to attend dedicated maths courses or to study mathematical economics textbooks. Some mathematical notions used in the book, for example Kuhn–Tucker theorem, Envelope Theorem, eigenvalues and eigenvectors, Perron–Frobenius theorem on non-negative matrices, sep

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Fabio Petrirch Group of Australasia (MERGA), this review critiques the most current Australasian research in mathematics education in the four years from 2008-2011. The main objective of this review is to celebrate and recognise significant findings; highlight relationships between research; identify themes; a

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Creatinine-Test