Perfectly clear and concise explanation, thank you!

thanks <3

Can you make one Switzerland vs France?

Thanks for this Ashley!

Thank you

00:03 Institutions in economics are rules that structure human interaction 01:23 Institutions are the software that structures relationships in society. 02:35 Institutions enforce rules through roles and expectations. 03:47 Institutions in economics are shaped by societal norms and enforcement mechanisms. 05:03 Internal and external institutions and their relationship in corporate culture 06:16 Institutions in economics facilitate smoother interactions and limit opportunistic behavior. 07:24 Institutions in economics provide structure and resolve conflicts. 08:36 Institutions rely on mental infrastructure to function well.

THANK YOU SO MUCH! this is so easy to understand the way you explained it!

So fantastic 🎉

These two phenomena singlehandedly debunk the notion that monopolies only occur when the government intervenes. They make larger companies more efficient which then allows them to outcompete smaller companies, eventually getting into a monopoly/oligopoly position. A truly free market will thus always abolish itself.

Really helpful. Thank you !

These are great videos!

really lovely explanation, i will be looking at your other health economics videos

why would the person dating prefer to defect and get a higher payoff by acting like they're just friends? This example makes less sense to me than the others

There is a mistake. If f1, player 2 is playing C, and player 1 can choose whether being king and playing C so that player 2 takes 8, or being mean and choosing D so that player 2 ends up with 0. So f1=(0-4)/(8-0)=-1/2.

Thank you very much you made it so easy

I would like to ask few questions. 1. Does that mean, if we were to get any medical treatment, it may cost a lot of money? 2. Does this happen because there aren’t any incentives for physicians or patient to think about cost? 3. So basically, the cause of rising medical spending is the advancements in technology? Don’t have to answer all but I would like to hear your thoughts if possible.

How was doing in a SPSS?

It is so unique and vital how you explain the allocation mechanism to doctors per patient.

How is it done in terms of those on 65 years average on Medicare allocation

Thank you for showing and your clear briefing description are very effective ❣️

Love from India ❤

Is there any psychological studies, where human agents will overshoot their next strategy in response to the poor pay-off of the previous strategy? For example If Player 1 keeps going left, will they likely and consistently overshoot to the right in response? Or is this dependent on the individual and context of the game?

Thanks I get u madam Love youuu

This explains so much why I’ve gotten some rude doctors that I’ve chosen not to go back to.

Thx

Thank you you so much 👏

This was really well explained thank you very much!

Very informative. Thank you so much!

So here MR=MC doesn’t apply

There are new bidders at where I buy auctioned items. Newcomers try to win everything, leaving nothing of value to us oldies. Us oldies have an unspoken agreement to keep prices reasonable. What I’m currently doing to exhaust the newbies is bid my max early, and when doing so the newbies outbid. They’ll eventually burn out, and the oldies will be able to win again.

Amazing video and explanations, thank you for going through the examples one by one that's always what I find the most helpful to understand the definitions! :)

Thank you Ashley

I do not agree. Economics studies “choices when there is scarcity” not “scarse resources”. If people, firms or governments do not have “choice” there is not economics.

w vid

The use of that scripture has NoThing to do with Money. (Context is everything)

i think the problem is in my brain not withanyone anymore

The great Explanation... Easy and time saving🎉

much better than uni professor. amazing.

I think p=2/3 not 3/7

Huh!! As clear as mud.

I ask myself that question and search about answer for long time back to 2015 and I get to know that the are many reasons one of them it is easy to get equilibrium points by using inverse relationships and also to connected with another equation to get multiple theories links together. Another reason maybe because we look at thing from customer point of view as he or she look at price first and then decide to buy or not . Ant the end, I don’t know what is exact reasons but that is what I found and I think especially I am not economist I am an accountant. Regards,

Ashley, You are the best .Thank you!

Imperfect competition resets market rules.

wrong explanation

I’m currently listening to “thinking in systems “ on audible. I found your KZbin and appreciate your review. Thank you! I’m trying to understand “stock” or “accumulator”, using Amazon package delivery. 1. There are roads (highways and city roads), 2. postal systems (delivery trucks, addressing plans-zip codes, street names and numbers) and 3. Amazon fulfillment centers. I’m skipping how content makes it into the fulfillment center, because I want to limit the system to those 3 mentioned. Are the three systems “3 stock” systems? Or am I applying stock incorrectly?

Great presentation.

Hello Dear Sister I am regular your KZbin video viewer

First, there were 5 men, not four. Second, you are assuming that the best outcome was to connect with the blonde. That’s not a good assumption. The outcome sought was to simply connect. As he said “that’s the only way we all get laid. The goal was to get laid, which his theory gave them the best possible chance to achieve that outcome. The assumption here is that 4 drunk college guys were going to sit around the following day saying “well, I had fun with a young lady last night, but I really regret my decisions.” - said no drunk college guy ever.

Excellent and superb explanation

Óptima explicação!