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Allocation, Distribution, and Policy: Notes, Problems, and Solutions in Microeconomics - cover image

Copyright

Samuel Bowles; Weikai Chen;

Published On

2025-11-04

ISBN

Paperback978-1-80511-622-6
PDF978-1-80511-623-3

Language

  • English

Print Length

270 pages (vi+264)

Dimensions

Paperback210 x 20 x 297 mm(8.27" x 0.79" x 11.69")

Weight

Paperback935g (32.98oz)

THEMA

  • KC
  • KCA
  • KCH
  • KCVG
  • GTP

BISAC

  • BUS021000
  • BUS044000
  • BUS022000
  • BUS051000
  • BUS068000
  • BUS099000

Keywords

  • Game Theory
  • Behavioral Economics
  • Mechanism Design
  • Income Distribution
  • Microeconomic Policy
  • Asymmetric Information

Allocation, Distribution, and Policy

Notes, Problems, and Solutions in Microeconomics

Microeconomics has been transformed in recent decades by the increasing use of game theory, behavioral economics, evolutionary modeling, network economics, mechanism design and attention to limited competition and asymmetric information. Bowles and Chen provide problem sets and exam questions (with carefully explained solutions) based on the new microeconomics, engaging learners with applications to income distribution, limited competition in goods and labor markets, climate change, and other public policy topics.

Background notes explain the underlying concepts, their origin in the thinking of the great economists of the past, applications to macroeconomics, and relevant empirical evidence.

This work provides a problem-based and policy oriented approach to teaching microeconomics, development, labor, environment, public economics and topics in business, management and public policy to upper level undergraduates, masters and doctoral students.

Endorsements

This beautiful book will serve as an inspiration for microeconomics educators who are open to new and more effective teaching methods. Sam Bowles stands out as an exception in the microeconomics community. For decades he has acknowledged our shortcomings in teaching and proposes new approaches that encourage students to engage with real-life economic issues rather than merely solving technical exercises. In this book Bowles and Weikai Chen propose a well-thought-out method of teaching “post-Walrasian” microeconomics, in which students grapple with real economic challenges based on problem-based learning activities.

Ariel Rubinstein

New York University, University of Tel Aviv and 2024 President of the Econometric Society

Contents

  • Samuel Bowles
  • Weikai Chen

2. Strategic Interactions

(pp. 8–20)
  • Weikai Chen
  • Samuel Bowles
  • Samuel Bowles
  • Weikai Chen
  • Samuel Bowles
  • Weikai Chen
  • Samuel Bowles
  • Weikai Chen
  • Samuel Bowles
  • Weikai Chen
  • Samuel Bowles
  • Weikai Chen

10. Work and Wages

(pp. 133–153)
  • Samuel Bowles
  • Weikai Chen
  • Weikai Chen
  • Samuel Bowles
  • Samuel Bowles
  • Weikai Chen
  • Weikai Chen
  • Samuel Bowles
  • Samuel Bowles
  • Weikai Chen
  • Weikai Chen
  • Samuel Bowles

Contributors

Samuel Bowles

(author)

Samuel Bowles is at the Santa Fe Institute and is the author of Microeconomics: Behavior, Institutions and Evolution (Princeton, 2006), coauthor of Microeconomics: Competition, Conflict, and Coordination (Oxford, 2022), and The Economy: Microeconomics (CORE Econ, 2024).

Weikai Chen

(author)
School of Economics at Renmin University of China

Weikai Chen is at the School of Economics, Renmin University of China in Beijing and pursues research on evolutionary modeling, technical change and income distribution.