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. 
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Uploaded by: danmarino
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University: Yale University (CT)
Address: Economics
Subject: Finance