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(M8E6) [Microeconomics] Finding Pareto Efficient Allocations and Contract Curve: Numerical Examples 

selcuk ozyurt
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In this episode I calculate the set of all Pareto efficient allocations in two standard examples.
It's crucial to watch lecture videos in the proper order to ensure effective learning. This is because the concepts in each video build upon those introduced in previous videos. To help you with this, I recommend visiting my website, www.selcukozyurt.com, for a recommended course outline.

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10 ноя 2020

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Комментарии : 26   
@beomkomap
@beomkomap 3 года назад
He knows what questions his students are gonna ask so he encompasses everything in his every lesson which is amazing. I just keep my mouth shut and watch your video and ace my exam. Thumbs up!
@ulbricht73
@ulbricht73 3 года назад
You're the only one so far who could explain this in chunks of simple straightforward information. My teacher failed to explain how to determine the pareto efficient points with decent algebraic examples, he's just reading us the theory from the book, that's all he does; reading us without converting the theory into simple chunks of information. I'm going to recommend your channel to my classmates.
@eyuphanaltundag7769
@eyuphanaltundag7769 2 года назад
Selçuk hocam harikasınız
@ryuusuke_goto8217
@ryuusuke_goto8217 2 года назад
thx a lot! yours is the first to come up when I typed in "how to find core allocations". quite clear instruction!
@anudarib
@anudarib Год назад
Thank you so much, you have no idea how much time you have saved us..Thank you for the hard work and detailed explanation
@nukki2869
@nukki2869 2 года назад
I'm taking advanced microeconomics and Your videos are incredibly helpful, thank you
@benwilson1389
Your videos are incredibly helpful and cannot thank you enough!
@arkaprabhadas9891
@arkaprabhadas9891 14 дней назад
Sir , your lectures are so helpful. It will be really kind of you if you can record some more numerical problems.
@anoushkachopra1101
@anoushkachopra1101 2 года назад
Your lectures are the best 😭
@grpdmr
@grpdmr Год назад
agzina saglik selcuk abi, almanyadan selamlar
@knight4u96
@knight4u96 3 года назад
So is it safe to say that squiggly line on
@vikasrao4927
@vikasrao4927 Год назад
U r awesome thanx for this
@yakuparpac5366
@yakuparpac5366 2 года назад
The second example contains two complements and has Pareto allocations in boundaries. I understood it well, thanks to you. But I wonder one thing: Can we say that except for the Cobb-Douglas pairs, all other types of utility pairs (substitute - substitute, complement-cobb douglas, substitute-cobb douglas) contain pareto optimal allocations in the boundaries of the edgeworth box?
@zeynepbasak5283
@zeynepbasak5283 2 года назад
Harikasınız hocam teşekkürler
@tanayparekh789
tganks prof ;love
@ismaildemir773
@ismaildemir773 2 года назад
How to do this question when you have different powers in the Cobb douglas function? such as 1/3 and 2/3
@thequiickbrownfox
@thequiickbrownfox Год назад
Respected Sir, this is a fantastic explanation on Pareto Efficiency.
@DeepDiveNFT
Mr Ozyurt, what if you changed your header on white board to‘Hybrid Exchange Economy’ and used a denominator (USD) to increase tangency points assuming that MRSs could make every equation cancel out?
@rishabhmehta2477
@rishabhmehta2477 3 года назад
what to do when both the consumers's MRS = 1. Please help.
@zeynepergul4768
@zeynepergul4768 Год назад
what will do if min function x1 and 2x2
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