11.04.2014 Views

Public Economics Lectures Part 1: Introduction

Public Economics Lectures Part 1: Introduction

Public Economics Lectures Part 1: Introduction

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Externalities: Main Questions<br />

1 Theoretical: what is the best way to correct externalities and move<br />

closer to the social optimum?<br />

2 Empirical: how to measure the size of externalities?<br />

Key difference: cannot use standard revealed-preference methods<br />

<strong>Public</strong> <strong>Economics</strong> <strong>Lectures</strong> () <strong>Part</strong> 7: <strong>Public</strong> Goods and Externalities 81 / 138

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!