This video goes over the airline pricing example of an incentive compatibility constraint from the Asymmetric Information chapter of Hal Varian's textbook: Microeconomic Theory. A microeconomic theory modelling video.
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@hamza30654 жыл бұрын
Really well explained,felt very intuitive in contrast to all the textbooks that seem to be explaining some quantum physics equations. Kudos to you, you're a brilliant teacher.