Sir I must say this...Even your wrong answer/calculation helps in understanding a new concept. Additional topic concept 🙌
@selcukozyurtКүн бұрын
Thanks for kind words. I do make silly mistakes. But for most part I figure out the mistake later and correct it. So, please continue watching! I don’t cut those parts mainly because mistakes sometimes are great learning opportunities (to learn how not to do things 🙄). Best wishes…
@Clover21-b8q4 күн бұрын
Thanks for your lecture.
@Clover21-b8q4 күн бұрын
Thank you so much, Professor
@Abcdefg123.975 күн бұрын
This was a marvelous explanation! Thank you, sir!
@arpitapaul63536 күн бұрын
You're a really great teacher sir. This is really helpful for understanding mechanism design for novices
@arpitapaul63537 күн бұрын
Best introduction. You're a great teacher
@kaiyuethanzhang757710 күн бұрын
thank you sooooooooooooooooooooooo much
@BakerClement-d1s12 күн бұрын
Ruecker Parkway
@MariaYoung-h4p14 күн бұрын
847 Marlon Harbor
@rodrigotimbo711214 күн бұрын
You are GOATED!
@Bender_Rodrig16 күн бұрын
now I get it! thank you
@girikkhullar407217 күн бұрын
In example 2, once we know that M dominates D, that means player 1 will never play D so we can remove it out of consideration for player 2. That means that R strictly dominates L for player 2 since we dont consider D anymore. Which then means that M strictly dominates U for player 1. That leads to C dominating R for player 1 which leads us to a PSNE. So, here we effectively have 4 occassions of strictly dominating strategies.
@hasanabamor301617 күн бұрын
Çok başarılı video.
@chiragatwal992218 күн бұрын
thankyou so much sir.....
@daprank-t8y18 күн бұрын
Unique material and very talented delivery! Thousand times thank you!
@kamthecham184319 күн бұрын
Thanks sir.
@khangraw21 күн бұрын
:(( omg, thank you so much. Everything was explained clearly and easy to understand.
@SarahWhite-z1k22 күн бұрын
43742 Hailee Divide
@indlamurihemanvitha771822 күн бұрын
Thank you so much sir
@ozthewizardd221926 күн бұрын
Hocam çooooook teşekkür ederim. Sağlıcakla kalın ❤❤❤
@kritisingh457526 күн бұрын
Thenku I was searching for this so long😢
@NaturezaUrbana0126 күн бұрын
thank you professor
@miroslavgeorgiev261229 күн бұрын
Great explanation, I finally understand the equilibrium problems. Thanks!😊
@george-nq3vbАй бұрын
I dont understand how the Hi(t) payoff function works? why adding ∇sqaured*v?
@juancruzhernandez8687Ай бұрын
The contract curve is not the same as the set of PO allocations. The black line represents the entire set of PO allocations. The contract curve is a part of that line, specifically the PO allocations that could be reached through trade starting from the initial endowment, and these typically improve both individuals compared to autarky.
@selcukozyurtАй бұрын
Some define contract curve in the same way you define. However, most textbooks (including the ones I follow in my courses, e.g., Varian) define contract curve as the set of all Pareto efficient allocations. The set of allocations that you call “contract curve” is in fact nothing but the “core” of an exchange economy. Anyways, getting into a discussion about semantics is not fruitful. The true definition is always the one that your instructor or textbook uses. So, if your instructor uses this definition, then you should go for it. Hope that helps…
@agarwalartiАй бұрын
At 11:49 it should be a = 1/2
@agarwalartiАй бұрын
thank you for making this so intuitive & simple.
@accgarage2663Ай бұрын
Thanks!
@khushpruthi7913Ай бұрын
Great explanation
@bugracan4764Ай бұрын
To start with, thank you for the video explained smoothly, altough there is a point that did not made sense for me, a response will be highly aprreciated if you have time for it. When we were speaking about the player 2 we found that if P < 2/3 , q= 0 but for example let's say P = 60/100 which is smaller then 2/3 , in conclusion the player 1 is choosing U(up) by 60% chance and the player 2 is playing R(right) [ q=0] having the payoff = 1 while he can choose L (left) and take the payoff= 2 by knowing the fact that there is a higher chance (60%) player 1 will play U(up) and playing L(left) will be the regret free option for the player 2 in my example. Is this situation caused by the randomly given numbers in the example or is there something to do with the main concept of the topic ? Thank you for your time.
@RonLWilsonАй бұрын
BTW it seems that one could employ agents that use LLMs and such to set up problems (say the costing) and then run algorithms such as the auction algorithm to make optimal assignments and such. BTW, I (with the help from Chat GPT 4O and Speechify) just made a video and uploaded it to my KZbin channel that explores how one might employ the Generalized Auction Algorithm coupled with LLMs to solve complex problems with many dependencies in the tasks, resources, and timings.
@bugracan4764Ай бұрын
Hocam emeğinize sağlık derli toplu ve anlaşılır anlatıyorsunuz videolar çok iyi. ❤
@anirudhvenkat2342Ай бұрын
Gem
@anirudhvenkat2342Ай бұрын
How lectures of this quality remain under the covers is beyond my imagination. Thanks a lot Professor.
@tinah05120917Ай бұрын
Increadible good teaching, thank you!!
@brendawilliams8062Ай бұрын
Would 3.1666… have any meaning. In its simple set.
@brendawilliams8062Ай бұрын
Thankyou
@teddylo5665Ай бұрын
Isn't Mr Brown's Decision Nodes are A, B and C??
@farahpangestuty8634Ай бұрын
very good content
@RaviParmar-n7qАй бұрын
at 13.30, you said RPS and matching pennies have only 1 pure nash equlibrium each, but shouldn't it be they only have one mixed nash equilibrium?
@RaviParmar-n7qАй бұрын
is this context from the game theory book by steve tadelis
@DeboraDVC8Ай бұрын
I'm so grateful for finding your channel that I just don't have words to say how THANKFUL I am. Thank you from the bottom of my heart!!
@RaidRoyce2 ай бұрын
hocam <3
@Nancyliu-z5y2 ай бұрын
thank you very much
@Nancyliu-z5y2 ай бұрын
thank you very much
@garygaza55452 ай бұрын
Thank you for your videos :)
@summer-cp6in2 ай бұрын
Thank you. These videos are really helpful!
@isaacataide2 ай бұрын
Hi, how can I get I touch with you? Anyone can help how to derive the utility function from the expenditure function? PxX + PyY = R is the a way to derive the U(x,y) from this equation? Please need help
@zonakoma86582 ай бұрын
Bu güzel video serisi için teşekkürler
@MDBiplobMia-p6r2 ай бұрын
hello elliot can i suggest growing your youtube channel