'Marginal income' presentation slideshows

Preparation of Presentation Please adapt the presentation prior to starting the seminar:

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mmons/ Property rights

A safe stock that always sells for $20 in equilibrium. Pays $1 per year every year forever ... An optimal investor (with property rights) will invest to maximize ...

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Tragedy of the Commons/ Property rights

Tragedy of the Commons/ Property rights. Property rights are important in order for a person or firm to efficiently use its resources Classic example Lack of property rights in a grassy field Total benefit of the grassy field is zero without property rights. Our example today.

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