Collected papers in theoretical economics / Kaushik Basu.

Includes bibliographical references and indexes.

Contents:
1. Introduction:
Part I. Rationality and Social Norms:
2. The Traveller s Dilemma: Paradoxes of Rationality in Game Theory;
3. On Why We Do Not Try to Walk Off Without Paying After a Taxi Ride;
Part II. Games and Equilibrium Behaviour:
4. On the Existence of a Rationality Definition for Extensive Games;
5. Strategy Subsets Closed under Rational Behaviour;
6. Group Rationality, Utilitarianism, and Escher’s Waterfall;
7. Information and Strategy in the Iterated Prisoner’s Dilemma;
Part III. Industrial Organization and Strategic Behaviour:
8. Monopoly, Quality Uncertainty, and Status Goods;
9. Why Monopolists Prefer to Make Their Goods Less Durable;
10. Entry-Deterrence in Stackelberg Perfect Equilibria;
11. Collusion in Finitely Repeated Oligopolies;
12. Stackelberg Equilibrium in Oligopoly: An Explanation based on Managerial Incentives;
13. The Strategic Role of International Credit as an Instrument of Trade;
14. Why Are So Many Goods Priced to End in Nine? And Why This Practice Hurts
the Producers;
Part IV. Government, Games and The Law:
15. Notes on Bribery and the Control of Corruption;
A Model of Monopoly with Strategic Government Intervention;
17. On Misunderstanding Government: An Analysis of the Art of Policy Advice;
18. The Economics and Law of Tenancy Rent Control;