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 | | Advanced Microeconomic Theory by Geoffrey A. Jehle, Philip J. Reny ISBN-10: 9780321079169 ISBN-10: 0-321-07916-7 ISBN-13: 9780321079169 ISBN-13: 978-0-321-07916-9 Paperback 2000-07-29 Addison Wesley Find Lowest Price |
Reviews | ||
Clear, Concise, and Relevant Modern mircroeconomics has focused on game theory and asymmetric information, and few textbooks on the market has explained these topics with the clarity and brevity this textbook has. Besides that, its explanation on the foundations of microeconomics (consumer, and production) is also top-notch. Even though it exposes readers only to the very core concepts, however, in my case, I found that it explains these concepts so well that I almost always choose to reference this book before any other textbook. This is a definite must have on your bookshelf. However, many reviewers are right, its math might be a bit technical if readers were never exposed to rigorous math such as real analysis. But do not worry, because all the necessary math is included in its appendix, which explains the technical details in a very intuitive manner. | ||
Excellent Micro book This book is excellent. If you are a graduate student in economics I widely recommend it. I particullarly like the chapters on game theory, general equilibrium, asymmetric information, and auctions. | ||
The best book for Micro Firstable, this is a Graduate Micro book, nobody could properly say that it is not good if she is trying to get some stuff of this topic for the first time, this is not the goal of this book, it was created to make first year econ-grad students lives better. I used MWG (Mas Colell) for the first semester Micro of the Phd program and most of my partners and I hated it, it is so complicated and has some excessive and wording detail for even simple things, however I should recognize that it is more complete than the rest of books, now in the second Micro we're using Jehle and Reny and we love it, to be honest this is the best book in Micro now (according to my knowledge and point of view), we also use Silberberg sometimes (very good) and Varian (has a lot of gaps even though it is easy to understand too) but this is the best, it is not probably as complete as MWG but it is more neat, precise and far more understandable, general equilibrium part has one third of the pages of MWG but it is better, it doesn't have Offer curves neither other minor things but the proofs of existence of Walrasian equilibrium and the welfare theorems are incredibly powerful and far shorter than those of MWG. For Game Theory it is also very very good, clear and precise without excessive wording. I almost forgot....the Math appendix is the best I've ever found in any other Micro book, it gives you precisely what you need to get into the business. This book is like "pure gold" no regrets of any kind. Aldo. | ||
Fantastic While the book is certainly aimed more at grad students, I've found it to be invaluable in my undergraduate studies. It delves deep into the analytical mathematics behind microeconomics, where Varian and Nicholson brush lightly across the surface. Good for both undergraduates and graduates. Familiarity with the structure of analytic mathematical arguments required. Not for the economically or mathematically faint-of-heart. | ||
I wish I knew about this book before grad micro... The assigned text in my graduate micro theory class was Mas-Collel/Whinston/Green (MWG), a book that I couldn't wait to get rid of. However, I have a much better appreciation of MWG after having read Jehle and Reny (JR). JR is strong where MWG is weak and vice versa. JR provides a clear, self-contained introduction to key concepts in advanced micromicroeconomic theory but is not comprehensive in its coverage. MWG on the other hand is more terse and requires a greater level of math preparation, but is truly the encyclopedia of micro. Regarding the comments of the disappointed reader from Cambridge MA, it's true that there are not many applications in J&R, but that's not really the point of this book. As the title indicates, this is a theory book. Nicolson's or even Varian's intermediate texts are good places to look for applications. But for grad micro theory, I would recommend reading both JR and MWG, in that order. | ||