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Lecture
Value of Innovation
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Related lectures (32)
Economic Innovations
Explores the economic impact of innovations, focusing on valuation, consumer surplus, and welfare effects.
Market Regulation: External Benefits and Subsidies
Examines market regulation, focusing on external benefits and the effects of subsidies on equilibrium price and quantity.
Real Estate Market Dynamics
Explores real estate market dynamics, including supply, demand, equilibrium, and market disruptions.
Supply Dynamics: Understanding Willingness to Accept
Explains the concepts of supply, willingness to accept, and market dynamics, focusing on production costs and elasticity of supply.
Market Dynamics: Social Welfare and Economic Models
Examines the interplay between market dynamics and social welfare, highlighting the roles of willingness to pay and willingness to accept in economic models.
Market Failures: Negative Externalities
Explores market failures due to negative externalities and distorted incentives, offering strategies for addressing these issues.
Imperfect Competition: Cartels and Oligopoly
Explores imperfect competition, cartels, and oligopoly dynamics in markets, analyzing pricing strategies and market outcomes.
Basics of Markets: Demand Meets Supply
Explains how supply and demand determine market prices and quantities, and the importance of the market model in economics.
State Interventions on Markets: Price Fixation and Taxation
Explores state interventions in markets, focusing on price fixation, taxation, and monopolies.
Optimal Dispatch of Power Generation Units
Explores the optimal dispatch of power generation units and the economics of power systems in deregulated environments.
Monopoly and Market Power
Delves into monopoly, market power, price discrimination, and labor market dynamics.
Consumer Psychology and Pricing
Explores consumer psychology in pricing, value-based pricing, and distribution channels.
Law of Demand: Willingness to Pay and Consumer Surplus
Explores willingness to pay, consumer surplus, and demand determinants.
Bidding Strategies: Game Theory & Market Power
Covers bidding strategies, Game Theory, Nash equilibrium, system security, ancillary services, and market power in power systems.
Revenue Maximization: Introduction to Choice Models
Covers revenue maximization in choice models, pricing strategies, market competition, and a binary logit model example.
Basics of Supply and Demand
Explores the basics of supply and demand, analyzing profit maximization and factors influencing supply.
Monopsony and Imperfect Competition
Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.
Strategic Marketing and Technology Commercialization
Covers market understanding, strategic choices, branding, new products, effective communication, pricing strategies, and successful marketing plan implementation.
Power System Restructuring & Deregulation
Covers energy contracts, market mechanisms, locational marginal pricing, and congestion management in power systems.
Market Equilibrium: Buyers and Sellers
Explores market equilibrium in land and real estate economics, focusing on buyer and seller selection based on willingness to pay or receive.
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