Bounded Rationality, Bubbles, and Risk Aversion 
Bounded Rationality, Bubbles, and Risk Aversion
by UC Berkeley / David Zetland
Video Lecture 26 of 28
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Date Added: February 12, 2015

Lecture Description

Peer-grading as a collective action problem/cooperation; evolutionary psychology; bounded rationality; bubbles; cheater detection/punishment; risk aversion (IID example); race (in-group/outgroup); sugar as special interest; ethanol as ecological/economic disaster

Course Index

Course Description

Microeconomic Theory with Application to Natural Resources by instructor David Zetland, PhD. This course covers the basic microeconomic tools for further study of natural resource problems. Theory of consumption, production, theory of the firm, industrial organization, general equilibrium, public goods and externalities. Applications to agriculture and natural resources.

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