Econ 309 Externalities

Frazz

Lecture notes on Externalities - Read these!

Lecture notes on Coase Theorem - Read these!

Link to slides

Link to slides

For interest:  

• • Nice video about Marshallian and Hicksian demand curves

    • A. C. Pigou

  • What Pigou actually said about externalities...RABBITS?!

    • Here is the relevant chapter from Pigou's The Economics of Welfare

  • Coase solution to environmental problems?  Lawsuits.  (New Republic, Jan. 27, 2010)

  • DC's tax on plastic shopping bags is amazingly successful!  (New Republic, Jan. 25, 2010)

  • For amusement:  The shape of DWL