Quiz #3 - EconS330
Due on Monday, September 23rd at 11.10am.
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Instructions. You are allowed to work in groups but I expect each student to hand in his/her own solution.
1. Oil is an example of a depletable resource. Assume that the demand for oil in

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Midterm #1 - EconS 330 (October 2". 2008)
Instructor: Ana Espinola, Hulbert 205C, anaespinola@wsu.edu
Office hours: Monday 10:00-12:00, or by appointment
Question #1 Tragedy of the Commons (15 Points)
How many cows would be grazed on the common if w

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FINAL - EconS 330 cfw_December 18thI 2008]
Instructor: Ana Espinola, Hulbert 205C, anaespinola@wsu.edu
Office hours: Monday 10:00-12:00, or by appointment
Question #1 (8 Points!
The year 2006 was one of the driest years in the history of Washington

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Midterm #2 - EconS 330 (October 30thI 2008]
Instructor: Ana Espinola, Hulbert 205C, anaespinola@wsu.edu
Office hours: Monday 10:00-12:00, or by appointment
Question #1 [15 Points)
In the 1970s, President Carter proposed reducing US dependence on oil

Exercise: The extinction of the Whitetail Deer
Every Hunters utility is: Ui(ei+ei)=ei(1000-E)-100ei
i=1,2
Player 1:
MAX U1(e1+e2)= e1(1000-(e1+e2)-100e1
e1
Player 2:
MAX U2(e1+e2)= e2(1000-(e1+e2)-100e2
e2
Exercise: The extinction of the Whitetail Deer
Pl

EconS 330, Fall 2013
Homework #1: Due September 13th
ANSWER KEY
Instructor: Ana Espinola, anaespinola@wsu.edu
O ce hours: Tuesdays 3.00-4.00pm, or by appointment
1
Question #1 - 15 Points
Serious problems have arisen as a result of timber harvesting, graz

EconS 330, Fall 2013
Homework #2: Due on September 25th
Answer Key
Instructor: Ana Espinola, anaespinola@wsu.edu
O ce hours: Thursdays 3:00pm-4:00pm, or by appointment
1
Dynamic E ciency - 15 Points
You have been assigned to determine the Dynamic E cient

EconS 330 - Homework #3 - DUE DATE October 30th, 2013
Instructor: Ana Espinola; E-mail: anaespinola@wsu.edu
Question 1 (10 Points)
Suppose a town concludes that its costs on average is $30.00 per household to manage the disposal of
the waste generated by

Homework #4 (DUE DATE November 22nd, 2013) - EconS 330
Instructor: Ana Espinola
E-mail: anaespinola@wsu.edu
Question 1: The Chicken game (15 Points)
France and Spain want to jointly reduce their emission levels of CO2. They have to decide if they reduce
t

EconS 330, Fall 2013
Midterm Preparation (10/30/2013)
1
Question #1 National Security Problem
Assume that the U.S. oil demand is represented by the following demand function:
Pd = 35
:20qd
and the Supply curve (which represents the oil producers) is:
Ps =

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Midterm #1 FIRST PART- EconS 330 (September 27th, 2013)
Instructor: Ana Espinola, Hulbert 111C, anaespinola@wsu.edu
Office hours: Tuesdays 3:00-4:00pm, or by appointment
Question #1 The Two Period Model - Revisited (20 Points)
As concerns about cli

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Midterm #1 (SECOND PART) - EconS 330 (September 30th, 2013)
Instructor: Ana Espinola-Arredondo, Hulbert 111C, anaespinola@wsu.edu
Question #1 (Positive Externalities) (40 Points)
Some mining companies produce air pollution during their production p

1
Midterm #2 November 4th, 2013
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Question #1 Optimal Allocation of Land (16.67 points)
Identify three factors that can produce an increase in the bid rent function for agriculture. In
addition, explain why the slope of the bid rent function is negat

Quiz #4 EconS 330, Friday October 11th
Question #1 (100 Points)
Assume that the U.S. oil demand is represented by the following demand function:
and the Supply curve (which represents the domestic oil producers) is:
where Pd and qd are price and quantity

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Quiz #2 - EconS 330 (09/11/2013)
Instructor: Ana Espinola, Hulbert 111C, anaespinola@wsu.edu
Office hours: Tuesdays 9:00-10:00am, or by appointment.
Qualitative Part (30 points)
1. Identify the two main characteristics of a public good and briefly

Quiz #5 EconS 330
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Question #1 (100 Points)
Consider the following normal form game
Lacey
Recycle
Recycle
(15,15)
(0,10)
No Recycle
Jessica
No Recycle
(10,0)
(5,5)
a) Construct a story that explains the payoffs of the above game (15 Points)
b) Identi

Problem Set 5
Solving Discrete Time Problems
Consider a fishery where the stock in a future period is Xt+1 = Xt + rXt(1-Xt/K) Yt where r=0.5,
K=1, and the initial stock, X0, is equal to 0.1 units of fish. The net benefits from harvest are
given by t = pYt