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20. Uncertainty c squared financial



MIT 14.01 Principles of Microeconomics, Fall 2018 Instructor: Prof. Jonathan Gruber View the complete course: YouTube Playlist: …

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20. Uncertainty

20. Uncertainty

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20. Uncertainty
c squared financial
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9 thoughts on “20. Uncertainty c squared financial”

  1. I loved the lecture, but I do have 1 short question; all of the examples used have probability values, which is calculated risk, not Knightian uncertainty. How do we deal with that in economics?

  2. @34:38 shouldn't the cost be 398 since at a cost of 399 the 25 yr old male would just be indifferent between the choices, but at 398 his E(u) would be better if he's insured?
    Phenomenal work th0 MIT ❤️

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