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时间:2020-10-05
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1、TheUniversityofAucklandDepartmentofEconomicsFirstSemester,1999616.301FCAdvancedMicroeconomicsJohnHillasAbstractContentsHomePageGoBackCloseQuit3481020283042546266ContentsChapter1.GeneralEquilibriumTheory1.Thebasicmodelofacompetitiveeconomy2.Walrasianequilibrium3.EdgeworthBoxes4
2、.TheFirstandSecondFundamentalTheoremsofWelfareEconomics5.ExercisesChapter2.NoncooperativeGameTheory1.NormalFormGames2.ExtensiveFormGames3.ExistenceofEquilibrium17616.301FCAdvancedMicroeconomicsJohnHillasChapter3.Auctions1.Introduction2.TypesofAuction3.AnalysisoftheAuctionsI:Pr
3、ivateValues4.Bibliography596078TitlePageContentsGoBackCloseQuitPage2of78ContentsGoBackCloseQuitCHAPTER1GeneralEquilibriumTheoryTherearetwocentralmulti-agentmodelsusedineconomics:thegen-eralequilibriummodelandthestrategicorgametheoreticmodel.Inthestrategicmodelwesaywhateachacto
4、rintheeconomy(orinthepartoftheeconomyunderconsideration)cando.Eachagentactstakingintocon-siderationtheplansofeachotheragentintheeconomy.Thereisacertaincoherencetothis.Itisclearlyspecifiedwhateachpersonknowsandhowknowledgeflowsfromonetoanother.Itbecomesdifficulttospecifyinacomplete
5、lysatisfyingwayalltherelevantdetailsoftheeconomy.Inthegeneralequilibriummodelontheotherhandeachactordoesnottakeexplicitlyintoaccounttheactionsofeachother.Ratherweassumethateachreactsoptimallytoamarketaggregate,thepricevector.Incomparisonwiththestrategicmodelthereisacertainlack
6、ofcoherence.Itisnotspecifiedexactlyhowtheconsumersinteractorhowinformationflowsfromoneconsumertoanother.Ontheotherhandtheverylackofdetailcanbeseenasastrengthofthemodel.Sincethedetailsofhowtheactorsinteractisnotspecifiedwedonotgetboggeddowninthesomewhatunnaturaldetailsofaparticula
7、rmodeofinteraction.616.301FCAdvancedMicroeconomicsJohnHillasTitlePagePage3of78LContentsGoBackCloseQuitLLLLL1.ThebasicmodelofacompetitiveeconomyWesummarisethebasicingredientsofthemodel.Allthefollowingitemsexceptthelastarepartoftheexogenousdescriptionoftheeconomy.Thepricevectori
8、sendogenous.Thatisitwillbespecifiedaspartofthesolutionofthemod
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