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Lecture
Optimal Competitive Markets
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Related lectures (32)
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Monopsony and Imperfect Competition
Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.
Understanding Market Equilibrium
Explores market equilibrium, price dynamics, and the 'green paradox' in economic policies.
Pareto Efficiency and Social Welfare
Explores Pareto efficiency, social welfare, and asset pricing optimization in complete and incomplete markets.
Optimal Dispatch of Power Generation Units
Explores the optimal dispatch of power generation units and the economics of power systems in deregulated environments.
Market Regulation: Analyzing Surpluses and External Costs
Covers market regulation, focusing on surpluses, external costs, and the effects of taxes and subsidies on market outcomes.
Market Equilibrium: Efficiency and Regulation
Explores market equilibrium, price regulation, demand and supply shifts, and social welfare.
Market Regulation: Addressing External Costs in Production
Covers optimal production analysis, external costs, and regulatory approaches like taxes and cap-and-trade systems.
Market Regulation: External Costs and Social Optimum
Addresses market regulation, focusing on external costs, social optimum, and the role of taxes and subsidies in achieving efficient production levels.
Bidding Strategies: Game Theory & Market Power
Covers bidding strategies, Game Theory, Nash equilibrium, system security, ancillary services, and market power in power systems.
Environmental Regulation of Production
Delves into environmental regulation mechanisms like quantity caps, consumption caps, and taxes, emphasizing the importance of aligning private costs with social costs for optimal outcomes.
