lect01-26-10

lect01-26-10 - Readings(Weeks 1& 2 Miller and Spoolman...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Readings (Weeks 1 & 2) Miller and Spoolman, Chapters 1 and 23 Tierney, J. "Betting The Planet" McCoy, C. "When the Boomster Slams the Doomster, Bet on a New Wager" Peterson, W. "Introduction to Demand and Supply" Baumol, W. and A. Blinder "Environmental Protection and Resource Conservation" pp. 739 746 Goodwin, N. "Externality" "Food Prices Not As High As We Think", Perishable Pundit Ausubel, J., D. Victor, and I. Wernik "The Environment Since 1970" Do Markets Lead to Socially Desirable Results? Not Necessarily - Market Failure Examples - Income Distribution Externalities Externality - Side-Effect of Production or Consumption, Not Appropriately Reflected in Production Cost or Market Price Negative Externality - External Cost Positive Externality - External Benefit Common Property Resources ...
View Full Document

This note was uploaded on 04/30/2010 for the course ARE 110 taught by Professor Ebbin,s during the Spring '08 term at UConn.

Ask a homework question - tutors are online