Published on 2 Jan 2015
Does the equilibrium model work? Nobel Prize winner Vernon Smith conducted experiments testing this model and found that time and time again, the model did indeed work. This video takes a look at Smith’s evidence and analyzes other instances where market conditions shift either the demand or supply curve, and the equilibrium model comes into play.
April 19, 2015
Does the Equilibrium Model Work
Comments Off on Does the Equilibrium Model Work
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.
