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Prices and Choices : Microeconomic Vignettes - David Hemenway

Prices and Choices

Microeconomic Vignettes

Paperback Published: 26th December 1992
ISBN: 9780819189479
Number Of Pages: 292

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Prices and Choices is a collection of twenty-seven short, lively essays specifically designed to provide stimulating supplementary readings for introductory or intermediate microeconomic theory classes. Hemenway puts economic concepts to work, using tools of analysis that are well within the grasp of undergraduates. Students will have experience with, and ideas about, the topics and will therefore be able to enjoy Hemenway's entertaining discussions on economic theory; questions at the end of each chapter are included to promote active classroom discussion. Specific topics include: temptation, fashion, haggling, tipping, insurance, crime, quality, inspection, safety, health care, and the Bible.

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...extremely original and great fun for both students and professors alike. To those who have never read it I say, "Bon Appetit!"--Robert L. Moore, Occidental College

Basic Assumptionsp. 1
Aphorismsp. 7
Temptationp. 13
Optionsp. 19
Fashionp. 25
Social Forcesp. 39
Exchange and Pricingp. 49
Giftsp. 51
Hagglingp. 63
The Cover Chargep. 71
Tippingp. 77
Scalpingp. 85
Spillover Problemsp. 97
Insurancep. 99
Crimep. 113
Externalitiesp. 121
Qualityp. 131
Quality Assessmentp. 133
Determinants of Qualityp. 147
Voluntary Standardsp. 157
Gradesp. 171
Monopolyp. 177
Is Monopoly Bad?p. 179
The Ice Trustp. 189
Policyp. 205
Food Supplementsp. 207
Risk Compensationp. 213
Nervous Nelliesp. 221
Optimal Locationp. 227
The Economic Approachp. 239
Injury Preventionp. 241
Health Carep. 249
The Biblep. 259
Appendix: Payoff Matricesp. 263
Glossaryp. 269
Name Indexp. 271
Subject Indexp. 277
About the Authorp. 281
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9780819189479
ISBN-10: 0819189472
Audience: General
Format: Paperback
Language: English
Number Of Pages: 292
Published: 26th December 1992
Publisher: UNIV PR OF AMER
Country of Publication: US
Dimensions (cm): 22.86 x 15.19  x 1.6
Weight (kg): 0.39
Edition Number: 3
Edition Type: Revised

Earn 242 Qantas Points
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