'Consumption externalities' presentation slideshows

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Chapter 5: Externalities Problems and Solutions

Chapter 5: Externalities Problems and Solutions. Outline Externality theory Private solutions Public solutions Focus on prices or focus on quantities? A couple problems. Introduction.

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Externalities

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Market Failure

Market Failure. Evaluation of policies to correct externalities. Negative production externalities: Market-based policies and regulations. Market-based policies: Advantages

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Section B

Section B. Managerial and individual decision problems Externalities and regulation Applications and case studies: pollution control, health care, education, sport and exercise, transport. Suggested background reading. Allen et al. 2009. Managerial Economics. Norton. Chapters 14-16

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Chapter 2: When is a Market Socially Optimal?

Chapter 2: When is a Market Socially Optimal?. Basic Definitions Potential Reasons for Government Intervention in the Market 1. Government Policies to Disseminate Information 2. Externalities 3. Public Goods 4. Transfer Policies 5. Noncompetitive Behavior. Basic Definitions.

268 views • 8 slides