[博弈论书籍].fc.advanced.microeconomics,john hillas

[博弈论书籍].fc.advanced.microeconomics,john hillas

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1、TheUniversityofAucklandDepartmentofEconomicsFirstSemester,1999616.301FCAdvancedMicroeconomicsAbstractContentsJohnHillasHomePageJJIIJIGoBackCloseQuitContentsChapter1.GeneralEquilibriumTheory31.Thebasicmodelofacompetitiveeconomy42.Walrasianequilibrium83.

2、EdgeworthBoxes104.TheFirstandSecondFundamentalTheoremsofWelfareEconomics175.Exercises20616.301FCAdvancedMicroeconomicsChapter2.NoncooperativeGameTheory28JohnHillas1.NormalFormGames302.ExtensiveFormGames423.ExistenceofEquilibrium54TitlePageChapter3.Auct

3、ions591.Introduction60Contents2.TypesofAuction62JJII3.AnalysisoftheAuctionsI:PrivateValues664.Bibliography78JIGoBackCloseQuitPage2of78CHAPTER1GeneralEquilibriumTheoryTherearetwocentralmulti-agentmodelsusedineconomics:thegen-eralequilibriummodelandthest

4、rategicorgametheoreticmodel.Inthe616.301FCAdvancedstrategicmodelwesaywhateachactorintheeconomy(orinthepartofMicroeconomicstheeconomyunderconsideration)cando.Eachagentactstakingintocon-JohnHillassiderationtheplansofeachotheragentintheeconomy.Thereisacer

5、taincoherencetothis.Itisclearlyspeci edwhateachpersonknowsandhowknowledge owsfromonetoanother.Itbecomesdiculttospecifyinacompletelysatisfyingwayalltherelevantdetailsoftheeconomy.TitlePageInthegeneralequilibriummodelontheotherhandeachactordoesnotConten

6、tstakeexplicitlyintoaccounttheactionsofeachother.RatherweassumeJJIIthateachreactsoptimallytoamarketaggregate,thepricevector.Incomparisonwiththestrategicmodelthereisacertainlackofcoherence.JIItisnotspeci edexactlyhowtheconsumersinteractorhowinformationG

7、oBack owsfromoneconsumertoanother.Ontheotherhandtheverylackofdetailcanbeseenasastrengthofthemodel.SincethedetailsofhowtheCloseactorsinteractisnotspeci edwedonotgetboggeddowninthesomewhatQuitunnaturaldetailsofaparticularmodeofinteraction.Page3of781.Theb

8、asicmodelofacompetitiveeconomyWesummarisethebasicingredientsofthemodel.Allthefollowingitemsexceptthelastarepartoftheexogenousdescriptionoftheeconomy.Thepricevectorisendogenous.Thatisitwillbespeci edaspartofthesolutionofthemodel.Lgoods6

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