Advanced Microeconomic Theory 3e
General equilibrium with contingent commodities
Expanded treatment of social choice, with a simplified proof of Arrow’s theorem and complete, step-by-step development of the Gibbard-Satterthwaite theorem
Extensive development of Bayesian games
New section on efficient mechanism design in the quasi-linear utility, private values environment. The most complete and easy to follow presentation of any text.
Over fifty new exercises.