![Ashley Hodgson](/img/default-banner.jpg)
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Ashley Hodgson
США
Добавлен 15 дек 2013
Economics explanations. I am an Associate Professor of Economics, and I teach behavioral economics, health care, digital industries, game theory and microeconomics theory.
If you would like to submit a question for me about economics, here is a form where you can do so: docs.google.com/forms/d/e/1FAIpQLSdX_ViN9sRsW_BEfomqDiMrHIvyOSw_OqIqaXne408DEzjS4w/viewform?usp=sf_link
I cannot promise that I will answer all (or even most) questions, but I do look at the submissions to get ideas for videos.
If you would like to submit a question for me about economics, here is a form where you can do so: docs.google.com/forms/d/e/1FAIpQLSdX_ViN9sRsW_BEfomqDiMrHIvyOSw_OqIqaXne408DEzjS4w/viewform?usp=sf_link
I cannot promise that I will answer all (or even most) questions, but I do look at the submissions to get ideas for videos.
Economics as the Study of Scarce Resources
This video explains why many economists define our domain of study as “the study of scarce resources”.
Просмотров: 1 314
Видео
Upstream vs. Downstream Firms
Просмотров 8495 месяцев назад
This video explains the difference between upstream and downstream firms in economics. These terms are often used when describing firm mergers.
Economics: A Toolset of Concepts or an Object of Study?
Просмотров 5675 месяцев назад
This video looks at the field of economics from two different lenses: (a) the toolset / lens of the microscope and (b) the object of study (“the economy” / scarce resources).
Evolutionarily Unstable Nash Equilibrium
Просмотров 8375 месяцев назад
This video explains how to figure out whether a mixed strategy Nash equilibrium is stable or unstable. This example is unstable.
Solving for Mixed Strategies Nash Equilibrium (Example)
Просмотров 8 тыс.5 месяцев назад
This video goes through an example of solving for mixed strategies Nash equilibrium. This example goes along with my video on evolutionarily stable Nash equilibrium:
Evolutionarily Stable Nash Equilibrium (vs. Unstable)
Просмотров 1,7 тыс.6 месяцев назад
This video explains what evolutionarily stable Nash equilibrium are, and goes through an example of testing for stability. Video solving the mixed strategies Nash problem in this video: ruclips.net/video/xBj4UeLXt3w/видео.html Video on the Game of Chicken: ruclips.net/video/Q1DVAFRuAtI/видео.html
Nash Equilibrium with Multiple Strategies
Просмотров 1,1 тыс.6 месяцев назад
I go through a Nash equilibrium problem where each player has 4 strategies.
Nash Equilibrium with 3 Players
Просмотров 3,8 тыс.6 месяцев назад
I show you how to find the Nash equilibrium in a 3-player game.
Technological Externality Model
Просмотров 6737 месяцев назад
This video explains why a market for technologies can have positive externalities for people who inherit those technologies down the road.
Price Discrimination Through Waiting
Просмотров 7388 месяцев назад
This video explains how firms price discriminate by causing lower-tier customers to wait.
The Lerner Index in Monopoly Economics
Просмотров 2,9 тыс.8 месяцев назад
This video explains the Lerner Index in the economics of monopolies.
Cost-Effectiveness vs. Cost-Efficacy in Healthcare Economics
Просмотров 7358 месяцев назад
This video explains the difference between cost-efficacy and cost-effectiveness in healthcare economics and healthcare systems policymaking.
Why do economists use elasticity instead of slope?
Просмотров 1,1 тыс.8 месяцев назад
This video explains why economists prefer to use elasticity rather than slope when describing the shapes of curves, including demand curves.
Income Elasticity of Demand vs. Regular Elasticity of Demand
Просмотров 5129 месяцев назад
This video explains the difference between income elasticity of demand and regular elasticity of demand.
Cross-Price Elasticity vs. Elasticity of Demand
Просмотров 1,4 тыс.9 месяцев назад
This video explains the difference between cross-price elasticity and elasticity of demand. I explain how cross-price elasticity relates to substitutes and compliments.
Symboling in Institutional Economics
Просмотров 6739 месяцев назад
Symboling in Institutional Economics
Common Property vs. Public Property vs. Open Access Property
Просмотров 84610 месяцев назад
Common Property vs. Public Property vs. Open Access Property
Externality vs Externalization of Harm
Просмотров 38710 месяцев назад
Externality vs Externalization of Harm
Property Rights: Definitions & Traits | Inalienability, divisibility, etc
Просмотров 86510 месяцев назад
Property Rights: Definitions & Traits | Inalienability, divisibility, etc
Technical efficiency vs. economic efficiency vs. dynamic efficiency
Просмотров 2,5 тыс.11 месяцев назад
Technical efficiency vs. economic efficiency vs. dynamic efficiency
Announcement: Mini Course on Economic Modelling
Просмотров 1,7 тыс.11 месяцев назад
Announcement: Mini Course on Economic Modelling
Organizations vs. Institutions: What’s the difference?
Просмотров 3,4 тыс.Год назад
Organizations vs. Institutions: What’s the difference?
Search Costs in Institutional Economics
Просмотров 806Год назад
Search Costs in Institutional Economics
Internal Institutions vs. External Institutions
Просмотров 1,2 тыс.Год назад
Internal Institutions vs. External Institutions
What is your accent - Canadian/Minnesota???
Great content Miss Ashley
I'm about to do my game theory final, and this is so helpful, thank you!
You make it simple to understand thanks ma
You are the best teacher 😊
are there any academic sources you recommend on the manipulation via ads (behavioural economics or game theory with a focus on ads)?
Where is the cut for the pharmicist lIke Walgreens and CVS in all of this?
YOU HAVE NO IDEA HOW EASY YOU MADE IT OMG I WAS STRUGGLING BEFORE WATCHING THIS!
I listened to this book as an audio book driving around the country for work and retained very little but found it so interesting in the moment. I am going to have to re-read it normally but thank you for this series to help spark my memory and for your perspective on Ms. Donella's work !
Just came across your channel. Really enjoyed this video! You do a great job of explaining systems thinking.
I have PMDD, Ehlers-Danlos, fibromyalgia, sleep apnea, and autoimmune issues that are affected by my hormonal cycle. I've suffered a TON and have not been able to work a lot. So I feel like I'm constantly in survival mode. I've moved a lot. I've lived all over the US. And only once or twice have I ever come across a doctor who genuinely seems to care and who actively tries to help me understand what's happening to my body. Most doctors have been rude, dismissive, narcissistic, and left me feeling hopeless and unhelped. I'll go years without making a doctor appointment because they don't seem to care or want to help. Since my conditions cause a lot of anxiety, and because going to the doctors causes even more anxiety, and because a bad doctor with horrible people skills causes even MORE anxiety...yeah it's no wonder people with chronic illness just give up and avoid doctors. Until the conditions get worse and you have no choice but to try and go again :(
They sure don’t maximize paying fair wages to their employees.
I hope she finds oil in her garden fml that cleared everything up thank you so much. You saved me like 45 min of reading through lectures xD
Instead of wasting time being polite: GET TO THE F***ING POINT!
Thank you! This was a very helpful and easy to understand explanation!!
Beautiful explanation! Respect!
Vest explanation I've found. Thanks!
Thank you so much
Perfectly clear and concise explanation, thank you!
thanks <3
Can you make one Switzerland vs France?
Thanks for this Ashley!
Thank you
00:03 Institutions in economics are rules that structure human interaction 01:23 Institutions are the software that structures relationships in society. 02:35 Institutions enforce rules through roles and expectations. 03:47 Institutions in economics are shaped by societal norms and enforcement mechanisms. 05:03 Internal and external institutions and their relationship in corporate culture 06:16 Institutions in economics facilitate smoother interactions and limit opportunistic behavior. 07:24 Institutions in economics provide structure and resolve conflicts. 08:36 Institutions rely on mental infrastructure to function well.
THANK YOU SO MUCH! this is so easy to understand the way you explained it!
So fantastic 🎉
These two phenomena singlehandedly debunk the notion that monopolies only occur when the government intervenes. They make larger companies more efficient which then allows them to outcompete smaller companies, eventually getting into a monopoly/oligopoly position. A truly free market will thus always abolish itself.
Really helpful. Thank you !
These are great videos!
really lovely explanation, i will be looking at your other health economics videos
why would the person dating prefer to defect and get a higher payoff by acting like they're just friends? This example makes less sense to me than the others
There is a mistake. If f1, player 2 is playing C, and player 1 can choose whether being king and playing C so that player 2 takes 8, or being mean and choosing D so that player 2 ends up with 0. So f1=(0-4)/(8-0)=-1/2.
Thank you very much you made it so easy
I would like to ask few questions. 1. Does that mean, if we were to get any medical treatment, it may cost a lot of money? 2. Does this happen because there aren’t any incentives for physicians or patient to think about cost? 3. So basically, the cause of rising medical spending is the advancements in technology? Don’t have to answer all but I would like to hear your thoughts if possible.
How was doing in a SPSS?
It is so unique and vital how you explain the allocation mechanism to doctors per patient.
How is it done in terms of those on 65 years average on Medicare allocation
Thank you for showing and your clear briefing description are very effective ❣️
Love from India ❤
Is there any psychological studies, where human agents will overshoot their next strategy in response to the poor pay-off of the previous strategy? For example If Player 1 keeps going left, will they likely and consistently overshoot to the right in response? Or is this dependent on the individual and context of the game?
Thanks I get u madam Love youuu
This explains so much why I’ve gotten some rude doctors that I’ve chosen not to go back to.
Forgot to add I got a bill that I owe an amount for capitaiton adjustment. Which brought me to your video, I don’t see why as a patient I would need to pay. I could be wrong, but will keep researching and calling my insurance
Thx
Thank you you so much 👏
This was really well explained thank you very much!
Very informative. Thank you so much!
So here MR=MC doesn’t apply
There are new bidders at where I buy auctioned items. Newcomers try to win everything, leaving nothing of value to us oldies. Us oldies have an unspoken agreement to keep prices reasonable. What I’m currently doing to exhaust the newbies is bid my max early, and when doing so the newbies outbid. They’ll eventually burn out, and the oldies will be able to win again.
Amazing video and explanations, thank you for going through the examples one by one that's always what I find the most helpful to understand the definitions! :)
Thank you Ashley