A short clip explaining question 2 chapter 10 – where there are some definite ambiguities. Any one a little weak on understanding the effects of quotas in the basic neoclassical model can benefit from this clip.
Quotas – chapter 10 question 2
A short clip explaining question 2 chapter 10 – where there are some definite ambiguities. Any one a little weak on understanding the effects of quotas in the basic neoclassical model can benefit from this clip.
Wednesday 103 lectures
Here are clips for the first and second hours of Wednesdays Lectures – raw un-edited screen capture.
First Hour:
Second hour:
Quickie intro to game theory
In order to prepare students to work on a pre set exam question based on two readings, one from Kreps (Ch 23 Credibility and Reputation, Micro for Managers) , the other from Dixit and Skeath (Games of strategy – 10 steps to credibility!) . This was done “impromptu” , using a document camera – but as it turned out the “slower” pace of hand written material “works” well. Maybe better than regular “pre prepared, slick, presentation slides”?
Self interest or greed at the basis for economic thinking about human behaviour
Doug’s book has a provocative idea: people are always and everywhere motivated by Greed. Just what does this mean? John asks: Isn’t it a bit off putting to think this is the one and only motivation for human behaviour – and wrong, since many of us do clearly feel we are not greedy people? ” Doug replies….. (8 minutes long)