Understanding Game Theory

Understanding Game Theory

One Minute Economics via YouTube Direct link

The Resource Curse (Paradox of Plenty) Explained: Definition/Meaning, Examples (Dutch Disease), etc.

20 of 53

20 of 53

The Resource Curse (Paradox of Plenty) Explained: Definition/Meaning, Examples (Dutch Disease), etc.

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Classroom Contents

Understanding Game Theory

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  1. 1 Game Theory Explained in One Minute
  2. 2 The Prisoner's Dilemma Explained in One Minute
  3. 3 The Tragedy of the Commons Explained in One Minute
  4. 4 Zero-Sum Games and Win-Win/Lose-Lose Situations Compared in One Minute
  5. 5 The Paradox of Thrift (Underconsumption and Oversaving) Explained in One Minute
  6. 6 The Business Cycle (Economic Expansions and Contractions) Explained in One Minute
  7. 7 Systemic Risk (Too Big to Fail) Explained in One Minute
  8. 8 Currency Wars (Competitive Currency Devaluations) Explained in One Minute
  9. 9 Pump and Dump Schemes Explained in One Minute
  10. 10 Nassim Taleb's Theory of Black Swan Events Explained in One Minute
  11. 11 Adam Smith's* Invisible Hand Explained in One Minute: Definition, Theory & Controversies
  12. 12 The Universal (AKA Guaranteed or Unconditional) Basic Income Explained in One Minute
  13. 13 Are Taxes Fair? The Redistribution of Wealth via Taxation Explained in One Minute
  14. 14 Gresham' s Law (Thomas Gresham) and Thiers' Law (Adolphe Thiers) Explained & Compared in One Minute
  15. 15 Positive and Negative Externalities Defined & Explained in One Minute: Education vs. Pollution?
  16. 16 Loss Aversion and the Sunk Cost Fallacy Defined & Explained in One Minute
  17. 17 The Nash Equilibrium (A Beautiful Mind, John Nash): Definition, Explanation & Examples in One Minute
  18. 18 The Pros/Cons of Economic Sanctions Explained: Definition. Examples. Advantages and Disadvantages.
  19. 19 The Coase Theorem Explained: Coasean Bargaining Definition, Conditions/Assumptions and Examples
  20. 20 The Resource Curse (Paradox of Plenty) Explained: Definition/Meaning, Examples (Dutch Disease), etc.
  21. 21 "Whales" Explained in One Minute: Well-Funded Investors/Traders Like JPMorgan Chase's "London Whale"
  22. 22 A Market for Lemons: George Akerlof, Information Asymmetry, Imperfect Information & Market Failures
  23. 23 Risk-On and Risk-Off (Safe Haven) Assets Explained: From Bonds (US Treasuries) to (Crypto)Currencies
  24. 24 The Economics Behind a Potential United States - Iran Conflict Escalation Explained in One Minute
  25. 25 Sovereign Debt (National, Government or Public Debt) Explained in One Minute: From Meaning to Crisis
  26. 26 Sovereign Debt (National, Government or Public Debt) Explained in One Minute: From Meaning to Crisis
  27. 27 To Collude, or Not to Collude: The Economics Behind Collusion Explained in One Minute
  28. 28 The Economics Behind Cartels Explained in One Minute: From Drugs to Oil (OPEC), Diamonds, etc.
  29. 29 Mortgage-Backed Securities (MBS) Explained in One Minute: Did We Learn Our Lesson?
  30. 30 Why and How Do Asset Prices Collapse? Minsky Moments (Hyman Minsky) Explained in One Minute
  31. 31 How Low Can Interest Rates Go? A One Minute Perspective on "Modern-Day" Central Banking Limits
  32. 32 Why Wasn't "Money Printing" (Fed, ECB, etc.) Followed by High Inflation? A One Minute Explanation
  33. 33 From Deflationary Shock/Crash to Inflationary Spiral: A One Minute "Deflation to Inflation" Scenario
  34. 34 Negative Oil Prices Explained in One Minute: From Demand Shock to Futures Market "Fine Print"
  35. 35 Legitimate Recovery or Dead Cat Bounce (DCB)? Catching a Falling Knife Explained in One Minute
  36. 36 Pandemics and Complex Global Supply Chains: Supply Chain Complexity Explained in One Minute
  37. 37 How Likely Is a Currency Reset in 2020 and Beyond? Currency Resets Explained in One Minute
  38. 38 How Likely Is a Currency Reset in 2020 and Beyond? Currency Resets Explained in One Minute
  39. 39 Stock Prices vs. Real Economy in One Minute: What Do Soaring Share Prices Tell Us About Main Street?
  40. 40 Stock Prices vs. Real Economy in One Minute: What Do Soaring Share Prices Tell Us About Main Street?
  41. 41 V-Shaped Recoveries Explained and Compared to U, W and L-Shaped Recovery Scenarios... in One Minute
  42. 42 Legal and Illegal Front-Running (Tailgating) Explained in One Minute: Buy the Rumor, Sell the News?
  43. 43 The Economics Behind Civil Unrest Explained in One Minute: From 2020 Realities to Long-Term Issues
  44. 44 The Economics Behind Civil Unrest Explained in One Minute: From 2020 Realities to Long-Term Issues
  45. 45 "Paper Profits" and "Paper Wealth" Explained in One Minute: Realized vs. Unrealized Gains
  46. 46 Consumerism After COVID-19? Post-Pandemic Consumer Behavior Changes Explained in One Minute
  47. 47 Consumerism After COVID-19? Post-Pandemic Consumer Behavior Changes Explained in One Minute
  48. 48 From Japan to the US, EU and Beyond: Balance Sheet Recessions (Richard Koo) Explained in One Minute
  49. 49 The Wealth Effect Theory Explained in One Minute: Will/Should You Spend More If You "Feel" Richer?
  50. 50 Consumer Price Inflation (Consumer Price Index/CPI) and Asset Price Inflation Compared in One Minute
  51. 51 US Dollar Crisis vs. Dollar Strength After a Crisis in the United States: One Minute, Two Scenarios
  52. 52 Deleveraging Explained in One Minute: From Definition to Examples
  53. 53 The Problem(s) with too Much Debt Explained in One Minute

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