Nevarro Sees Economic Growth (Star Wars – The Mandalorian)

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)”

Han Avoids Violence In Trade Dispute (Star Wars – Solo: A Star Wars Story)

Han and Beckett are being questioned on why they did not make a delivery, which was their side of a trade deal, and now they must negotiate in order to avoid the consequence of death. The threat of death being used in negotiation is more common in illegal trades since there are no proper institutionsContinue reading “Han Avoids Violence In Trade Dispute (Star Wars – Solo: A Star Wars Story)”

Jyn And Cassian Watch Black Market (Star Wars – Rogue One: A Star Wars Story)

Jyn and Cassian are trying to get to Saw Gerrera and they are watching a destroyer ship picking up illegal cargo to power the Death Star; this is because Saw is attacking the cargo ships and since they are illegal goods, they must defend themselves as opposed to going to the authorities. Black Markets occurContinue reading “Jyn And Cassian Watch Black Market (Star Wars – Rogue One: A Star Wars Story)”

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)”

Obi-Wan And Qui-Gon Face A Trade Dispute (The Phantom Menace)

Qui-Gon and Obi-Wan try to stop a trade blockade. Trade blockades are a type of trade dispute that occurs when one party attempts to cut trade from another party using force. This is very common in times of war when one party is attempting to stop another from obtaining supplies. A Trade Dispute, or aContinue reading “Obi-Wan And Qui-Gon Face A Trade Dispute (The Phantom Menace)”

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)”

Jabba Negotiating for Chewbacca (Return of the Jedi)

Jabba and the bounty hunter (who’s really Princess Leia) are bargaining over Chewbacca. This shows how two parties may bargain and negotiate by going back and forth and by placing values they are willing to accept in the transaction. These values are achieved by each party determining their Best Alternative To a Negotiated Agreement (BATNA),Continue reading “Jabba Negotiating for Chewbacca (Return of the Jedi)”

Han and Jabba Bargain (A New Hope)

JJabba The Hutt expresses his disappointment in Han Solo for being late with a payment. Han is one of Jabba’s smugglers in the illegal goods market and recently dropped his cargo at the sight of an imperial starship, which lost Jabba money. To alleviate Jaba’s disappointment Han offers to not only pay him back butContinue reading “Han and Jabba Bargain (A New Hope)”