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Question 1. How does a lack of property rights lead to problem in "The most important economist you have never heard of" and "The economics of reclining your airplane seat aren't so simple: Can the Coase theorem help us avoid fights on planes?" articles.
Question 2. How does Coase suggest the property rights problem can be solved in "What 'Rights' Do We Have When We're Talking About Our Private Online Data?" article
Question 3. When was Coase awarded the Nobel Prize in Economics? Why was given the prestigious award?
Question 4. The "The economics of reclining your airplane seat aren't so simple: Can the Coase theorem help us avoid fights on planes?", "The most important economist you have never heard of", and "Less-?Costly Ways to Reduce the Harm of COVID-19 without Travel-?and-?Immigration-?Bans"articles provide applications of the Coase theorem. For eachof the following, briefly discuss what is the connection between Coase and...
a) reclining airplane seats
b) personal data collection/usage
c) the spread of COVID-19
how does charging the monopoly optimum and the welfare of consumers, the monopoly, and society?
Imagine that your city is planning to build a waste recyclingplant in your neighborhood. What are the ethical and practicalconsiderations for making this decision How would your concern forthe environment affect your view on this action
Presume interest rates in the U.S. and Germany (measured by the yields on short term government bills) and exchange rates between the dollar and the Euro (Germany is in the Euro zone) are as follows:
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity. Relate at least one current event to the activities.
The government imposes a fixed fee per year on each firm that operates in a competitive market. What happens to output, the optimal scale of a firm and price if there is free entry into the market?
In the late 1990s, a wide assortment of business experts predicted that e-business was completely changing the nature of business transactions. This was reflected in the astronomical prices paid for the stocks of dot-com companies that were just begi..
Write a paper about "Price and income elasticity of the demand for health insurance and health care services in the US".
Create an introductory section where you clearly DEFINE RISK. Research and Pick ONE organization that can you conduct a risk assessment on.
Debate question: Should the Fed respond to the Coronavirus? Write a 700 TO 800 word Op-Ed taking a side on this issue.
If a firm has a budget of £378 what combination of K and L will maximize output given the production function Q = 40K0.6L0.3 and prices for K and L of £20.
How is the previous question similar to this question: Should the government encourage people to move from the East and West coasts to the Midwest and Rocky.
Growth in the combined Solow-Romer is faster than the growth in the Romer model. Compare growth rates for Romer and Solow-Romer Models.
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