Impact of Relative Prices How do income and substitution effects explain the shape of the demand curve?

Yishu Zeng is an assistant professor in the Department of Economics at York University. Her research interests focus on microeconomic theory, information ... For more information, please contact the WRAP Team at: [email protected]. Page 2. American Economic Journal: Microeconomics 2016, 8(3): 119–155 http://dx.doi ... Furthermore, we think they might be surprised to learn that Friedrich Hayek and the neoliberals have been important in framing inquiry into the information ... Jan 15, 2013 ... This is an important result. 1.2 Asymmetric information and the revelation principle. Consider now the situation in which only the buyer knows ... Feb 12, 2025 ... Microeconomics seeks to understand behaviours and decisions relating to the allocation of resources and the interactions between people and ... Each student acts as a monopolist and chooses the number of (costly) advertisements and price. The experiments are intended for intermediate microeconomics or ... Externalities, Pigouvian taxes; Public goods, preference revelation mechanisms; Uncertainty; Asymmetric information, principal-agent (contract) theory; Auction ... AP Biology; AP Calculus AB; AP Calculus BC; AP Chemistry; AP Microeconomics; AP Physics: Electricity and Magnetism; AP Physics: Mechanics; AP Statistics. The ... Econ 103 – Principles of Microeconomics · Econ 301 – Intermediate Microeconomics · Econ 210 – Economic Statistics · Highly recommended: Money and banking (325), ... My research is predominantly in applied microeconomic theory. You can find detailed information about me in my CV and I can be contacted by email at rahul.deb@ ...