Utilities, Endowments, and Equilibrium - Financial Theory - John Geanakoplos - Lecture 2 of 26 - Video-lecture

Video-lecture, Finance

Description: This lecture explains what an economic model is, and why it allows for counterfactual reasoning and often yields paradoxical conclusions. Typically, equilibrium is defined as the solution to a system of simultaneous equations. 
Docsity is not optimized for the browser you're using. In order to have a better experience please switch to Google Chrome, Firefox, Internet Explorer 9+ or Safari! Download Google Chrome