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Economics PBAF 517 A

This class was created by Brainscape user Clay temprano. Visit their profile to learn more about the creator.

By: Clay temprano
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Decks in this class (12)

Chapter 18 ( Externalities, Open-Accesss, and Public Goods)
When does an externality occur,
Why would a firm pollute excessively,
What are externalities caused by
17  cards
Midterm
How is the optimal level of pollu...,
Can the environment be too clean,
What is consumer surplus
27  cards
Class Notes
A public good is,
Non rival good,
Non excludable good
35  cards
Helpful Images
Producer surplus and consumer sur...
1  cards
Perloff 10.2-10.5 General Equilibrium and Economic Welfare
Endowment,
Four assumptions about their tast...,
Contract curve complex
14  cards
Chapter 17 - Uncertainty
Someone who is risk neutral has a,
In general a risk neutral person ...,
An individual with an increasing ...
27  cards
Asymmetric Information
If people are rational and risk a...,
Do firms or workers typically hav...,
Asymmetric information
18  cards
Insurance Selection Wk 7 Reading
Advantageous selection,
Textbook case of insurance demand...,
Text book case of insurance deman...
40  cards
Lemons Wk 7 Reading
The returns for good quality accr...,
The cost of dishonesty lies,
Those who possess the important s...
5  cards
Chap 20: Contracts and Moral Hazards
Efficient contract,
Efficiency in production,
Incentive compatible
6  cards
Stewardship Theory
What is the main theme of steward...,
What is the main theme of agency ...,
What are the theoretical tenets o...
17  cards
MC from finals
Which of the following features o...,
Is people have very different val...,
12 imagine two proposals for fund...
26  cards

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Economics PBAF 517 A

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