Chapter 36 Public Goods Suppose there are two nonsmokers and one smoker. Even if nonsmokers are entitled to clean air, they first have to agree among themselves.
1. How consumers choose to spend their income on goods and services 2. Why consumers make choices by maximizing utility, a measure of satisfaction from.
Utility Maximization: Equalizing Marginal Utility per Dollar.
Environmental Protection, Rare Disasters, and Discount Rates Robert J. Barro.
Consumer Preferences, Utility Functions and Budget Lines Overheads.
Evaluation and pricing of risk under stochastic volatility Giacomo Bormetti Scuola Normale Superiore, Pisa.
Review The state needs to raise money and it has a choice of imposing an excise tax of the same amount on one of two goods: restaurant meals or gasoline.
The Transition to a Green Economy