Category
page 1Microeconomic theories
comparative advantage
in economics, the advantage one has over others in producing a particular good due to a lower relative marginal cost prior to trade

marginalism
Marginalism is a theory of economics that attempts to explain the discrepancy in the value of goods and services by reference to their secondary, or marginal, utility. It states that the reason why the price of diamonds is higher than that of water, for example, owes to the greater additional satisfaction of the diamonds over the water. Thus, while the water has greater total utility, the diamond has greater marginal utility.
general equilibrium theory
theory of equilibrium between supply and demand
contract theory
in economics, studies how economic actors can and do construct contractual arrangements, generally in the presence of asymmetric information
theory of the second best
branch of economics studying next-best alternatives
Matching theory
search theory
search theory
theory
Market design
practical methodology for creation of markets of certain properties, which is partially based on mechanism design
Marginal revenue productivity theory of wages
model of wage levels