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Utility

Related lectures (24)

Equilibrium State Prices Determination

Explains the determination of equilibrium state prices in asset pricing through consumption market clearing and budget constraints.

Microeconomic Consumer Theory MOOC: Introduction to Discrete Choice Models

Covers choice models, consumption bundles, budget constraints, and demand functions in microeconomic consumer theory.

Microeconomic Consumer Theory: Foundations

Covers microeconomic consumer theory, choice models, utility maximization, and demand functions.

Microeconomic Consumer Theory MOOC: Introduction to Discrete Choice Models

Explores microeconomic consumer theory, utility maximization, optimization problems, and decision-making models.

Choice Models: Predicting Consumer Behavior

Explores the use of choice models to predict consumer behavior in various contexts.

Demand and Supply Curves

Covers movements along and shifts of demand and supply curves, explaining price impacts and investment analysis principles.

Need for Economic Growth: GDP and Happiness

Explores the relationship between economic growth, GDP, and happiness, highlighting the complexities of measuring well-being.

Economic Discovery and Innovation

Explores economic discovery and innovation, showcasing how new ideas must grip the economy to transform society and improve living standards.

Stated Preferences Methods

Explores Stated Preferences (SP) methods, choice models, and experimental design for predicting individual behavior and market demand.

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Lowimpact Food: From Idea to Sustainable Business

Explores the journey of Lowimpact Food founders from idea to sustainable business, focusing on reusing food byproducts and transforming mealworms into protein powder.

Choice Modeling MOOC: Introduction to Discrete Choice Models

Explores how choice modeling predicts human behavior and quantifies preferences in various scenarios.

Role of the State in Market Economy Log in to Mediaspace to watch this video

Explores the state's role in market economy, resource allocation, income redistribution, and consumer optimization.

Consumer Preferences: Optimal Choices and Economic Effects Log in to Mediaspace to watch this video

Explores consumer preferences, optimal choices, labor supply, and saving supply in microeconomics.

Intertemporal Trade: SOE Allocation Log in to Mediaspace to watch this video

Explores intertemporal trade and SOE allocation with financial autarky, focusing on interest rate effects on consumption and welfare gain.

Consumption Based Model: Dynamics and Comparative Statics Log in to Mediaspace to watch this video

Explores the dynamics and comparative statics of a consumption based model.

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Demand Analysis: Willingness to Pay and Elasticity Log in to Mediaspace to watch this video

Covers demand analysis, focusing on willingness to pay, elasticity, and consumer behavior in response to price changes.

Valuation of Impacts and Resources Log in to Mediaspace to watch this video

Explores translating preferences into money, using WTP and WTA, revealed and stated preferences, and methods like travel cost and hedonic price.

Assessing Environmental Goods: Methods and Impacts Log in to Mediaspace to watch this video

Discusses methods for assessing environmental goods, including damage and production function methods, and explores impacts of global warming on agricultural land values.