Generalized Microeconomics
eBook - ePub

Generalized Microeconomics

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Generalized Microeconomics

About this book

The generalization of microeconomics enables model descriptions of economic rationality, even in fields that standard microeconomics more or less avoids, like nonprofit sectors of market economies, altruism, or externalities. Here, the authors broaden the scope of microeconomics while treating standard profit maximization as a special case. They argue, ultimately, that the generalizing criterion is a Darwinian maximization of the probability of survival.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access Generalized Microeconomics by Jirí Hlavácek,Michal Hlavácek in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Cover
  2. Copyright
  3. Contents
  4. FOREWORD
  5. 1. THE GENERALIZED PRINCIPLE OF ECONOMIC RATIONALITY
  6. 2. MODELLING RISK AND HEDGING AGAINST IT
  7. 3. MORAL HAZARD AND ADVERSE SELECTION IN THE CONTEXT OF MAXIMIZATION OF THE PROBABILITY OF ECONOMIC SURVIVAL
  8. 4. THE DEMAND FUNCTION IN THE INSURANCE MARKET: COMPARISON OF MAXIMIZATION OF THE PARETO PROBABILITY OF SURVIVAL WITH THE VON NEUMANN–MORGENSTERN EU THEORY AND KAHNEMAN–TVERSKY PROSPECT THEORY
  9. 5. MODELLING NON-PROFIT INSTITUTIONS: THE UNIVERSITY SUPPLY FUNCTION
  10. 6. BEHAVIOUR OF A FIRM IN A CENTRALLY PLANNED ECONOMY— THE HOMO SE ASSECURANS MODEL
  11. 7. MODEL OF AN ECONOMY WITH WIDESPREAD CORPORATE INSOLVENCY
  12. 8. THE PRODUCER’S OPTIMUM UNDER INCREASING RETURNS TO SCALE
  13. 9. MODELS OF MARKET ALLOCATION OF EXTERNALITIES, GENERALIZED COASE THEOREM
  14. 10. ALTRUISM AND REDISTRIBUTION INCREASING THE PROBABILITY OF SURVIVAL OF INDIVIDUALS
  15. CONCLUSION
  16. REFERENCES