Developed over the course of ten years at the Stanford Business School, Microeconomics for Managers leads the field with a strong game theoretic approach and full-chapter coverage of many modern topics, including Porter s five forces, signaling, transaction costs, and incentives."
Superb text in modern micro theory for the calculus phobic
Published by Thriftbooks.com User , 15 years ago
I'm writing this for instructors . Ignore the 1 star review. There is no better , non-calculus based, undergraduate book on modern micro theory (except perhaps Milgrom and Roberts Economics Organization and Management ) that gets across both the basic ideas and nuanced ideas coming out of modern micro economics about risk, information , uncertainty and modern transactions costs reasoning . And if you teach a course in micro theory using calculus then still get your students to read kreps so they don't become mesmirized or overwhelmed with the mathematics of this material instead of grasping the deep conceptual logic underlying modern micro theory of imperfect and incomplete in formation - warts and all. Believe me, I've taught micro theory and game theory at various undergrad levels for almost 30 years) . Start reading this book at Ch 23, on credibility and reputations. Then get your students reading from ch 15 on. Enjoy
ThriftBooks sells millions of used books at the lowest everyday prices. We personally assess every book's quality and offer rare, out-of-print treasures. We deliver the joy of reading in recyclable packaging with free standard shipping on US orders over $15. ThriftBooks.com. Read more. Spend less.