In season 1 of The Mandalorian, we see Nevarro, a barren planet with crumbling institutions; however, in Season 2 after Mando, Cara, and Grief retake the planet and establish institutions, Navarro is unrecognizable. There are multiple changes implemented to the planet that allow for economic growth – this is representative of less developed countries thatContinue reading “Nevarro Sees Economic Growth (Star Wars – The Mandalorian)”
Category Archives: The Mandalorian
Mando Trades with Tusken Raiders and the Citizens of Mos Pelgo (Star Wars – The Mandalorian Episode 9)
The Tusken Raiders and the citizens of Mos Pelgo don’t like each other because of a long history of violent conflict; however, they decide to engage in a trade that both sides think will make them better off. In this case, it is to eliminate a Krayt Dragon, but their agreement is similar to whatContinue reading “Mando Trades with Tusken Raiders and the Citizens of Mos Pelgo (Star Wars – The Mandalorian Episode 9)”
Cara Is Unwilling To Help Mando At First (Star Wars- The Mandalorian- Episode 7)
When asked, Cara is unwilling to help Mando with a job with “handsome reward” until she hears that the enemy is the Imperial troops. Since Cara does not like the Imperial troops, this is seen by Cara as an added incentive to accepting this job. An Incentive is something that motivates or drives individuals toContinue reading “Cara Is Unwilling To Help Mando At First (Star Wars- The Mandalorian- Episode 7)”
Cartels Face Changing Institutions (Star Wars- The Mandalorian- Episode 7)
Greef Karga sends a message to Mando to notify him that Nevarro has been overrun by Imperial troops. This results in the Guild no longer being as productive since they are lacking institutions that have been destroyed through the Imperial take over. Institutions are the rules placed in a society that keep parties’ behaviors inContinue reading “Cartels Face Changing Institutions (Star Wars- The Mandalorian- Episode 7)”
Mando Joins a Team (Star Wars- The Mandalorian- Episode 6)
Mando joins a team to rescue a prisoner and each member of the team has a different set of skills to help in this mission. This is an example of specialization, specifically labor specialization, and explains the ‘U’ section of the marginal cost curve. This is because as each team member has a different comparativeContinue reading “Mando Joins a Team (Star Wars- The Mandalorian- Episode 6)”
Farmers Hire Mando as Protection (The Mandalorian- Episode 4)
Mando is hired by a town to protect the farmers and their village from raiders, who have stolen all of their crops. One of the main differences between developing and developed countries is Institutions. Institutions are the rules placed in a society that keep parties’ behaviors in balance (such as the enforcement of the lawContinue reading “Farmers Hire Mando as Protection (The Mandalorian- Episode 4)”
Toro Contracts Mando for a Job (The Mandalorian- Episode 5)
Mando is hired by Toro Calican, who is wanting admittance into the guild. By hiring Mando, he also licenses him. Licensing, which is an agreement that allows one party, Mando, permission to work for another party, Toro, results in a barrier to entry and in turn results in higher prices (wages). Barriers to Entry areContinue reading “Toro Contracts Mando for a Job (The Mandalorian- Episode 5)”
Mando Faces Hold-Up Problem (The Mandalorian- Episode 1)
Mando meets with Greef Karga, who he captured a few prisoners for, now faces a new price after he has already done the work. Mando must either accept imperial credits (which he does not want as the Empire has fallen) or Calamari Flan (but he will only get half of the agreed-upon amount). As heContinue reading “Mando Faces Hold-Up Problem (The Mandalorian- Episode 1)”
Mando Pays Premium for a Human Driver (The Mandalorian- Episode 1)
Mando is unwilling to ride with a Droid driver. He ends up paying more to get poor service (vehicle in disrepair) from a non-Droid driver. It is cheaper for the firm to provide Droid drivers instead of human drivers, so Mando must pay more for the human driver. This is due to the increase inContinue reading “Mando Pays Premium for a Human Driver (The Mandalorian- Episode 1)”
Mando and the Mechanic Talk About the Ship (The Mandalorian- Episode 5)
Mando has insisted that the mechanic not use Droids on his ship. This has resulted in her spending more time than necessary doing the repair work (thus increasing the costs). This is an example of non-optimal input choices. This can happen in the production processes when by law (or, as in this case, customer restrictionsContinue reading “Mando and the Mechanic Talk About the Ship (The Mandalorian- Episode 5)”