Microeconomics: Competition, Conflict, and Coordination

Bowles and Halliday capture the intellectual excitement, analytical precision, and policy relevance of the new microeconomics that has emerged over the past decades. Drawing on themes of the classical economists from Smith through Marx and 20th-century writers—including Hayek, Coase, and Arrow—the authors use twenty-first-century analytical methods to address enduring challenges in economics.

The subtitle of the work—Competition, Conflict, and Coordination—signals the authors' focus on how ...