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Unformatted text preview: convenience. I dont think this is a result of an ideological con-spiracy. But, by making prot maximization the key assumption about producer behavior, do we not run the risk that students will interpret it to be the exclusive normative criterion guiding a rms actions? Bibliographic Notes Recommended readings : Kreps 1990, Chapter 8; Mas-Colell et al. 1995, Chapter 5, AD,G. The material in this lecture (apart from the discussion) is standard and can be found in any microeconomics textbook. Debreu (1959) is an excellent source....
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This note was uploaded on 12/29/2011 for the course ECO 443 taught by Professor Aswa during the Fall '10 term at SUNY Stony Brook.
- Fall '10