Understanding Game Theory

Explore game theory and economic concepts through a series of concise one-minute explanations. Learn about the Prisoner's Dilemma, Tragedy of the Commons, zero-sum games, business cycles, systemic risk, currency wars, and more. Dive into topics like Adam Smith's Invisible Hand, universal basic income, taxation, externalities, Nash Equilibrium, and economic sanctions. Examine market phenomena such as asset price collapses, negative oil prices, and stock market behavior. Gain insights into contemporary issues like pandemics and global supply chains, civil unrest, post-COVID consumerism, and balance sheet recessions. Understand complex economic theories and their real-world applications in this comprehensive video series designed for quick, efficient learning.

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