The economic landscape of today recognizes a rich and diverse array of private information including information about product and resource quality, technological opportunities, effort levels, productivity and individual preferences. Th...
This important two volume set provides the main contributions to product differentiation theory, starting from early works to recent advances. A taxonomy based on modern economic theory puts the papers into a new perspective. The resul...
This major three volume work contains 54 key papers which reflect the invigoration, innovation and imagination that has characterized the field of microeconomics during the last 50 years. The selections range from literary treatments to...
Neo-classical microeconomics has dominated economics as a school of thought since the end of the nineteenth century. Seen as the ‘orthodox’ school, it has been challenged by many of the newer schools that have been developed since, but n...