平狄克微观经济学Externalities and Public Goods知识讲稿.ppt

Chapter 18;Topics to be Discussed;Externalities;Externalities;Externalities;Negative Externalities and Inefficiency;External Costs;External Costs;External Cost;Positive Externalities and Inefficiency;MC;Ways of Correcting Market Failure;Ways of Correcting Market Failure;Ways of Correcting Market Failure;The Efficient Level of Emissions;Ways of Correcting Market Failure;Ways of Correcting Market Failure;Standards and Fees;Total Abatement Cost;Ways of Correcting Market Failure;The Case for Fees;MCA1;The Case for Fines;The Case for Fees;Ways of Correcting Market Failure;The Case for Standards;The Case for Standards;ABC is the increase in social cost less the decrease in abatement cost.;Ways of Correcting Market Failure;Ways of Correcting Market Failure;Ways of Correcting Market Failure;Ways of Correcting Market Failure;The Costs and Benefits of Reduced Sulfur Dioxide Emissions;The Costs and Benefits of Reduced Sulfur Dioxide Emissions;Sulfur Dioxide Emissions Reductions;Emissions Trading and Clean Air;Emissions Trading and Clean Air;Emissions Trading and Clean Air;Price of Tradable Emissions Permits;Ways of Correcting Market Failure;Recycling;The Efficient Amount of Recycling;Refundable Deposits;Refundable Deposits;Externalities and Property Rights;Externalities and Property Rights;Profits Under AlternativeEmissions Choices (Daily);Externalities and Property Rights;Bargaining with Alternative Property Rights;Externalities and Property Rights;Costly Bargaining – The Role of Strategic Behavior;A Legal Solution – Suing for Damages;A Legal Solution – Suing for Damages – Example;A Legal Solution – Suing for Damages – Example;The Coase Theorem at Work;Common Property Resources;Common Property Resources;Common Property Resources;Common Property Resources;Common Property Resources;Crawfish Fishing in Louisiana;Crawfish Fishing in Louisiana;Crawfish Catch (millions of pounds);Public Goods;Public Goods;Efficiency and Public Goods;D1;Public Goods and Market Failure;Public Goods