Ok it's beautifull. I understood that...but that is like the basic so i will have more serious questions during my exams xD However, THANK YOU ! Your videos are great !
Dear +Nahed Elrayes , We just uploaded our fourth video to our series on Game Theory. It's about the Battle of the Bismarck Sea, we hope you find it interesting! ua-cam.com/video/2DDYtd5FDUk/v-deo.html If you like it, spread the word! Thanks for watching, The Policonomics Team
Utility curves are constructed in such way as that they never cross each other out. This assumption is quintessential to build a coherent model. However, in the diagram above, individual A (and Individual B) utility curves intersect each other if you keep extending the curves, which is not supposed to happen according to the assumptions laid out in the microeconomics theory. (I am not talking about the intersection of the utility curves of Individual A and B.) Can somebody explain to me how this happens and correct me if I am wrong.
This video explains how to build an Edgeworth box, and how to analyse it. We start from two sets of indifference curves, then build the Edgeworth box and, finally, draw the contract curve. A.4 Edgeworth box | Consumption - Microeconomics Learn, and enjoy!
This is by far the best, visually coherent explanation of the concept; thank you Policonomics :)
A quick and detailed lesson. Very nice.
Thank you +Lincoln Aisagbonhi !
well done!!!! thank you for helping us
Dear sonia ammar ,
Thank you very much for your kind comment, it's much appreciated!
Best,
The Policonomics Team
you make understanding easy
Thanks!
Iam physics graduate but now i like #Economics. I like you teaching and presentation
great video - thanks for the help!
Ok it's beautifull.
I understood that...but that is like the basic so i will have more serious questions during my exams xD
However, THANK YOU ! Your videos are great !
Oh my god, that was wonderful! Thanks a lot
Wonderful explain please upload more videos ..
wow thanks for the concept.
Dear Prabin Poudel ,
Thank you for your comment!
Best,
The Policonomics Team
GOOD JOB
God I love this channel.
Thank you very much Nahed Elrayes !
Dear +Nahed Elrayes ,
We just uploaded our fourth video to our series on Game Theory. It's about the Battle of the Bismarck Sea, we hope you find it interesting!
ua-cam.com/video/2DDYtd5FDUk/v-deo.html
If you like it, spread the word!
Thanks for watching,
The Policonomics Team
nice visuals
very nice.
Thanks +Naushin Pervin !
Wonderful what are the uses of contract curve
Dear Susan Augustine ,
Thank you for your comment!
Best,
The Policonomics Team
Utility curves are constructed in such way as that they never cross each other out. This assumption is quintessential to build a coherent model. However, in the diagram above, individual A (and Individual B) utility curves intersect each other if you keep extending the curves, which is not supposed to happen according to the assumptions laid out in the microeconomics theory. (I am not talking about the intersection of the utility curves of Individual A and B.) Can somebody explain to me how this happens and correct me if I am wrong.
Fxxkin great❤
This video explains how to build an Edgeworth box, and how to analyse it. We start from two sets of indifference curves, then build the Edgeworth box and, finally, draw the contract curve.
A.4 Edgeworth box | Consumption - Microeconomics
Learn, and enjoy!
ขอบคุณค่ะ ^-^
Rep-resent not re-present
I thought this was about ace attorney