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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...

Keywords:: GTP, KCA, BUS099000, KCVG, Income Distribution, BUS021000, KCH, BUS022000, Game Theory, Behavioral Economics, BUS044000, BUS068000, KC, BUS051000, Mechanism Design, Asymmetric Information, Microeconomic Policy

Disciplines:

Business / Economics / Economic Development

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Material Type:: Open (Access) Textbook
Date Added to MERLOT:: November 4, 2025
Date Modified in MERLOT:: January 6, 2026
Authors:: Samuel Bowles, Santa Fe Institute
Weikai Chen, Renmin University of China
Submitter:: Open Book Publishers
Primary Audience:: College General Ed, College Lower Division, College Upper Division, Graduate School, Professional
Technical Format:: Website

Mobile Compatibility:: Not specified at this time
Language:: English
Cost Involved:: No
Source Code Available:: Yes
Creative Commons:: This work is licensed under a Attribution-NonCommercial 4.0 International