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Lecture
Market Failures
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Related lectures (32)
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Market Failures in Innovation
Explores market failures in innovation, discussing spillovers, uncertainty, costs, and coordination challenges in the innovation process.
Monopoly and Market Power
Delves into monopoly, market power, price discrimination, and labor market dynamics.
Market Failures: Negative Externalities
Explores market failures due to negative externalities and distorted incentives, offering strategies for addressing these issues.
Market Failures: Innovation Challenges
Explores the impact of market failures on innovation challenges and financing difficulties for small firms.
Basics of Supply and Demand
Explores the basics of supply and demand, analyzing profit maximization and factors influencing supply.
Optimal Dispatch of Power Generation Units
Explores the optimal dispatch of power generation units and the economics of power systems in deregulated environments.
Market Dynamics: Social Welfare and Economic Models
Examines the interplay between market dynamics and social welfare, highlighting the roles of willingness to pay and willingness to accept in economic models.
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Market-Based Instruments: Emission Reduction Strategies
Covers market-based instruments for emission reductions and their efficiency in minimizing costs across different sources of emissions.
Monopsony and Imperfect Competition
Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.
