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Related lectures (30)

Market Regulation: External Costs and Social Optimum

Addresses market regulation, focusing on external costs, social optimum, and the role of taxes and subsidies in achieving efficient production levels.

Ethical Challenges of Engineer: Wealth and Happiness Correlation

Examines the correlation between wealth and happiness, income inequality, and the importance of cooperation in addressing global challenges.

Optimal Abatement

Explores the optimal level of abatement to balance environmental gains and costs.

Pollution Abatement: Economic Implications and Optimal Strategies

Examines the economic aspects of pollution abatement and the implications of optimal emission reduction strategies.

Monopsony and Imperfect Competition

Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.

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Consumer Preferences: Optimal Choices and Economic Effects

Explores consumer preferences, optimal choices, labor supply, and saving supply in microeconomics.

Departure Time Choice: Modeling and Equilibria

Covers departure time choice in transportation systems and optimal pricing strategies.

Industrial Impact on the Arctic

Examines the industrial impact on the Arctic region and Indigenous communities.

Power System Restructuring & Deregulation

Covers energy contracts, market mechanisms, locational marginal pricing, and congestion management in power systems.

Risk Aversion and Complete Markets

Explores risk aversion, complete markets, and optimal behavior in macro-finance models.

Imperfect Competition: Cartels and Oligopoly

Explores imperfect competition, cartels, and oligopoly dynamics in markets, analyzing pricing strategies and market outcomes.

Optimal Abatement: Marginal Cost Analysis

Discusses optimal abatement through marginal cost analysis and the impact of subsidies.

Introduction to Demand: Optimizing Agents and Willingness to Pay

Covers optimizing agents and the transition from willingness to pay to demand.

Traffic Congestion Costs: Understanding External Costs

Explores the impact of traffic congestion on commuters and society, emphasizing the importance of considering both costs and benefits.

Arctic Exploration: Past and Present

Explores Arctic exploration history, from Vikings to modern decolonization efforts, highlighting challenges faced by indigenous groups.

Basics of Supply

Explores the concept of supply in economics, analyzing how production costs influence producers' willingness to sell goods.

Estimating R: Marginal and Conditional Distributions

Covers the estimation of R using bivariate normal distributions and explores the marginal and conditional distributions of X₁ and X₂.

Extreme Value Models: Technical Derivation

Explores the technical derivation and properties of Multivariate Extreme Value models.

Demand & Supply: Understanding Economic Behavior

Explores the core principles of demand and supply in economics, including marginal benefit, willingness to pay, and market demand.

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