Y1 - Microeconomics, Institutions and Welfare

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Summary

Week 8

Universiteit Utrecht · Economics and Business Economics

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Chapter 11
Chapter 12: Markets, efficiency and public policy
12.1: Market failure: External effects of pollution
12.2: External Effects and bargaining
12.3: External effects: Policies and income distribution
12.4: Property rights, contracts and market failures
12.5: Public goods
12.6: Missing markets: Insurance and Lemons
12.7: Incomplete Contracts and external effects in credit markets
12.8: The limits of markets
12.9: Market Failure and government policy

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