Great Videos although 2 problems encountered. 1. when taken first order conditions answer should be 48 - 2Qa= 0; 2. when finding Price, P= 100 - 2(24+12)
I think the derivative at the end was supposed to be 48-2Qa, right? BTW, I love your videos. I majored in Econ in undergrad and game theory was my favorite concept. Now I’m in corporate finance and am in charge of our product innovation scenario modeling. We don’t get this granular, but I wish the people I work with had this basic understanding.
I heard a Yale guy say that by virtue of deviation from the counot quantity firm 1 is bound to make profits,he said "obviously they make profits because they changed q and they wouldnt have if they werent going to make profits"???? This is so confusing and pointless as an explanation.. Almost discouraged me from continuing and I still dont have any intiution for this
Hi Ashley Hodgson always in the game theory exam professor asks stakelberg model, but he gives also fixed cost wit marginal cost. so why do i need fixed cost? please explain
Great Videos although 2 problems encountered. 1. when taken first order conditions answer should be 48 - 2Qa= 0; 2. when finding Price, P= 100 - 2(24+12)
Hi - 5:56 should it not be 2Qa? Thanks
Yes, it should.
B3INx but the Qa is still right tho
Thanks a lot . I watched all you videos on game theory. Very thing was simple and clear. You saved time and we consumed more.
Thank Ashley Hodgson.
Thank you so much miss...you just saved me hours of reading like 4 chapters.
Thank you! Think it must be 24+12 for total demand at the end. Perhaps the camera has a manual focus mode?
Thank you for the straight forward lesson!
derivation (FOC) of 48Qa - Qa^2
is, 48 - 2Qa =0
That's great, I really appreciate you effort.
This explanation is absolutely amazing thank you so much
Thank you for the easy and fast explanation!
Thanks a lot! There are no german videos for the stackelberg model but yours was very helpful
I think the derivative at the end was supposed to be 48-2Qa, right?
BTW, I love your videos. I majored in Econ in undergrad and game theory was my favorite concept. Now I’m in corporate finance and am in charge of our product innovation scenario modeling. We don’t get this granular, but I wish the people I work with had this basic understanding.
I heard a Yale guy say that by virtue of deviation from the counot quantity firm 1 is bound to make profits,he said "obviously they make profits because they changed q and they wouldnt have if they werent going to make profits"???? This is so confusing and pointless as an explanation.. Almost discouraged me from continuing and I still dont have any intiution for this
Helpful and clear 👍
6:15 isn't it Qa=12? Great videos!!!
Yeah, you know business and econ majors cannot even do the simplest math equations. Engineering is the move dawg!
@@melekmnif1933 calm down there super chief
Amazing videos! Thanks!
Thank you sooooo much, you saved me and all my friends 😍😍😍😍😍😍😍😍
7:42 should be 100-72=28...but you are super amazing.
Madam I am confused at one point
U did not take into account 100
Why? Please answer
Super helpful!! thanks
Hi Ashley Hodgson
always in the game theory exam professor asks stakelberg model, but he gives also fixed cost wit marginal cost. so why do i need fixed cost? please explain
To look for total cost .
Fixed cost + variable cost = total cost
ive picked up 2 mistakes. but great video, thanks.
Thank you
thank u so much
Thanks
thank you!
Thank you