Firms and markets I
Materials for class on Wednesday, February 21, 2018
Contents
Slides
Download the slides from today’s lecture.
Paperclip market
The percentage in each panel shows the market efficiency, or the proportion of pairs that were able to strike a deal. The dotted horizontal line shows the average price in each round.
Feedback for today
Go to this form and answer these three questions (anonymously if you want):
- What new thing did you learn today?
- What was the most unclear thing about today’s class?
- What was the most exciting thing you learned today?