'Private bargaining' presentation slideshows

Econ 522 Economics of Law

575 views • 33 slides

Externalities, Public Goods, Imperfect Information, and Social Choice

Externalities, Public Goods, Imperfect Information, and Social Choice. Chapter 16. Externality. An externality is a cost or benefit resulting from some activity or transaction that is imposed or bestowed upon parties outside the activity or transaction.

623 views • 28 slides

Chapter 14: Government and Market Failure

Chapter 14: Government and Market Failure. Externalities. Negative externalities Positive externalities. Negative externalities. Positive externality. Solution. Taxes or subsidies regulations. Pollution. Marketable pollution permits. Coase theorem.

437 views • 14 slides