How to Solve Cartel, Bertrand, Cournot, and Stackelberg Models

  Рет қаралды 46,723

Economics in Many Lessons

Economics in Many Lessons

2 жыл бұрын

This video shows how to solve for the profit-maximizing price and output level for the following market structures: Cartel, Bertrand, Cournot, and Stackelberg.
The market outcomes are then compared.

Пікірлер: 38
@karosrauf7547
@karosrauf7547 2 жыл бұрын
If I pass my degree it will be because of you, I do not see anyone in the comments showing anywhere near enough gratitude for all your hard work, Thank you, you are a amazing human being.
@EconomicsinManyLessons
@EconomicsinManyLessons 2 жыл бұрын
I appreciate your comments! Thank you!
@marjanahmadi4438
@marjanahmadi4438 6 ай бұрын
Until now never saw such a good video about this problem,was great
@rd6228
@rd6228 10 ай бұрын
Far better than my current prof at a business school
@sp-uf6tx
@sp-uf6tx 5 ай бұрын
Simple, no bs, straight to the point, great video
@toyosiobani
@toyosiobani Жыл бұрын
This is an amazing explanation and workthrough. Thank you!!!
@TanjaHilding
@TanjaHilding Жыл бұрын
Thank you for your great work and thank you for being so educational. If I pass my degree is because of you!! Thank you so much!!!
@heres_2cents
@heres_2cents 2 жыл бұрын
best vid ive seen on YT on market structure equilibrium! keep up to great work
@EconomicsinManyLessons
@EconomicsinManyLessons 2 жыл бұрын
Thank you! I appreciate it that!
@margarettracylucherah1379
@margarettracylucherah1379 Жыл бұрын
Thanks,,this was really helpful,clearly and easily explained!!!
@willhumphries4272
@willhumphries4272 Жыл бұрын
This was so well explained, thank you very much
@andreasdunner9909
@andreasdunner9909 Жыл бұрын
YOU ARE A LIFESAVER! Thank you so much!
@harveymusonda3230
@harveymusonda3230 Жыл бұрын
This is an amazing content you put up
@ettsnalltbord3865
@ettsnalltbord3865 9 ай бұрын
Amazing video! Thank you
@orsbertsawe7768
@orsbertsawe7768 Жыл бұрын
Very clear and understandable 😊❤
@veronikagerasyuk4178
@veronikagerasyuk4178 2 жыл бұрын
Very very clear and helpful!!! thank you so much
@EconomicsinManyLessons
@EconomicsinManyLessons 2 жыл бұрын
You are welcome!
@aoth.on.whiteboard.2021
@aoth.on.whiteboard.2021 2 жыл бұрын
explained in a clear and comprehensible way. Thank u !!
@user-km5qe5hi2o
@user-km5qe5hi2o 4 ай бұрын
THANKS VERY MUCH WHAT AN EXCELLENT EXPLANATION
@upscfear9999
@upscfear9999 Жыл бұрын
Thank you so much ... You have cleared all my doubts...
@EconomicsinManyLessons
@EconomicsinManyLessons Жыл бұрын
I love to hear that! Thanks for watching!
@believeit6201
@believeit6201 2 жыл бұрын
Thank you..... U are the best 👍💯💯💯
@EconomicsinManyLessons
@EconomicsinManyLessons 2 жыл бұрын
I appreciate that!
@gabek.2952
@gabek.2952 3 ай бұрын
better than my econ lecturer ty my guy
@anushaaaa5001
@anushaaaa5001 5 ай бұрын
Thank you! How does the MC equal 20, and not 40 for the cartel? Why do we not take the combined costs?
@eddykunaba5062
@eddykunaba5062 Жыл бұрын
thank you , it is very clear
@EconomicsinManyLessons
@EconomicsinManyLessons Жыл бұрын
My pleasure!
@faragmostafa5038
@faragmostafa5038 Ай бұрын
What happens if the output of both firms is above or below the Nash equilibrium point?
@francisayawli6632
@francisayawli6632 2 жыл бұрын
great job
@alasdairhalliday6792
@alasdairhalliday6792 3 ай бұрын
The best!!
@justinemapendo9557
@justinemapendo9557 Жыл бұрын
Thankful sir
@anjalibesoya9609
@anjalibesoya9609 2 жыл бұрын
How do we get to know that firms are producing identical goods or differentiated products? Will that be provided in the question?
@EconomicsinManyLessons
@EconomicsinManyLessons 2 жыл бұрын
Information on product differentiation should be given in the question,
@HaileyWelchHawkThua
@HaileyWelchHawkThua Жыл бұрын
Awesome video!
@EconomicsinManyLessons
@EconomicsinManyLessons Жыл бұрын
Thank you for watching!
@luenthusiast
@luenthusiast 8 ай бұрын
There are some bird songs in the background, I thought I pulled an all-nighter and dawn was rising and birds were singing outside Luckily it was only 03:37AM
@user-il7pw2qw5m
@user-il7pw2qw5m 8 ай бұрын
is he acoustic?
@andytheaardvark1
@andytheaardvark1 7 ай бұрын
my bet is on artistic
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