Ashley Hodgson Courses

Self Interest in Economics - Do Economists Think People are Selfish?

Explore the nuanced perspective of self-interest in economic theory, challenging common misconceptions about how economists view human behavior and motivation.

• YouTube
• 13 minutes
• On-Demand
• Free Video

Introduction to Mature Economic Thinking and Analysis

Discover how to develop sophisticated economic thinking and create your own unique analytical perspective while mastering fundamental economic concepts and methodologies.

• YouTube
• 17 minutes
• On-Demand
• Free Video

Evolutionarily Stable Nash Equilibrium vs Unstable Nash Equilibrium

Explore the concept of evolutionarily stable Nash equilibrium through practical examples and stability testing methods in game theory applications.

• YouTube
• 10 minutes
• On-Demand
• Free Video

Elasticity in Economics - Understanding Percentage Changes in Economic Variables

Discover how to calculate and understand elasticity in economics through the analysis of percentage changes between dependent and independent variables.

• YouTube
• 13 minutes
• On-Demand
• Free Video

Property Rights: Definitions and Traits - Inalienability, Divisibility, and Core Characteristics

Explore key traits of property rights including alienability, divisibility, security, and allocation in institutional contexts, enhancing understanding of ownership frameworks.

• YouTube
• 15 minutes
• On-Demand
• Free Video

Market Failures in Economics - Types and Examples

Explore key economic market failures, from imperfect information and competition to public goods, externalities, and the Matthew Principle's impact on inequality.

• YouTube
• 13 minutes
• On-Demand
• Free Video

Optimization Theory in Economic Behavior - Understanding the Economist's Perspective

Discover how economists interpret human behavior through optimization theory and its implications for understanding decision-making and rational choices in everyday life.

• YouTube
• 10 minutes
• On-Demand
• Free Video

The Common Pool Resource Dilemma - Nested Collective Action Problems

Explore the three key collective action challenges - supply, commitment, and enforcement - that groups must overcome when establishing governance systems for shared resources.

• YouTube
• 13 minutes
• On-Demand
• Free Video

Elinor Ostrom's Design Principles for Managing Common Pool Resources

Discover how communities can effectively manage shared resources through Elinor Ostrom's seven institutional design principles for sustainable resource management.

• YouTube
• 15 minutes
• On-Demand
• Free Video

Elinor Ostrom's Definition of Institutions - Understanding Rules for Collective Action

Explore Elinor Ostrom's groundbreaking definition of institutions and how her framework of nested rules and working principles shapes collective action and governance systems.

• YouTube
• 13 minutes
• On-Demand
• Free Video

Rationality as a Methodological Stance in Economics

Explore how economists view and apply rationality in their models, challenging common misconceptions about the role of rational behavior assumptions in economic theory.

• YouTube
• 11 minutes
• On-Demand
• Free Video

Rabin's Reciprocity Model of Utility for Game Theory

Explore Rabin's utility function model for understanding reciprocity and fairness in game theory, focusing on its economic applications and theoretical foundations.

• YouTube
• 11 minutes
• On-Demand
• Free Video

Incentive Leakage - How the Principal-Agent Problem Weakens Corporate Greed

Explore how multiple layers of management relationships affect corporate incentives and discover why principal-agent dynamics can actually reduce corporate greed.

• YouTube
• 12 minutes
• On-Demand
• Free Video