4.4.3: Free Riding as a Prisoners' Dilemma

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Получаемые навыки

Externality, Economics, Microeconomics, Market (Economics)

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DV

Oct 24, 2018

Love how the videos were brief, but informative. Very helpful class and exams weren't overly complicated. In the end, I felt as though I retained much of the knowledge.

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May 24, 2017

I came here for the videos! Extremely concise and accurate. Very good for reviewing material. I speak from the level of an HL Economics student in the IB.

Из урока
Externalities + Public Goods
Two classic cases of market failure will be defined and explored: externalities and public goods. We will define each case, demonstrate why the market fails to provide the efficient outcome and suggest interventions through either marked design or regulation.

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  • Rebecca Stein

    Rebecca Stein

    Senior Lecturer

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