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Chapter 10. Externalities. Principles of Economics. Gregory Mankiw.
Examples of externalities.
Welfare economics: A recap.
Negative externalities in production.
Pollution and the Social Optimum.
Positive Externalities in Production.
Technology Spillovers and the Social Optimum.
Externalities in consumption Private Solutions to Externalities-The types of private solutions.
The Coase theorem Why private solutions do not always work.
Public policies toward externalities-Regulation.
Pigovian taxes and subsidies.
Tradable Pollution Permits The equivalence of Pigovian Taxes and Pollution Permits Objections to the economics analysis od pollution
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