Problem Set 2. Due on Wednesday 10/12/2015, 11pm.
Econ 341: Public Economics: Expenditure, Fall 2016, University of Waterloo
The remarks about group work etc that are on top of problem set 1 apply also to this
Question 1 (2 points). Many policy m
The Baseline Case
(1) When is government involvement
(2) How do economists measure welfare?
(required for comparing merits of dierent allocation mechanisms)
Topic 1. Behavior
How do people make choices?
Lets focus on economistsview on how
do people make choices?
How do economists explain behavior?
Why a spike in births right before
Why % of int