11.20.09
Chapter 13 Lecture Notes
Here are the powerpoint notes for chapter 13 The Costs of Production:
11.14.09
Tragedy of the Commons and Tamiflu
Here’s a great example of the Tragedy of the Commons. Fidelity Investments is offering Tamiflu to their employees through a private physician with whom they have contracted to supply prescriptions. After reading the article, can you explain how this exemplifies the Tragedy of the Commons? Should there be restrictions on private organizations providing this type of good without public health officials’ consent?
11.09.09
Chapter 10 Lecture Notes
Click the link for the Externality Lecture Notes to chapter 10.
You can also click this link to a previous article about negative externalities.
