1. Group AssignmentDue midnight on Friday 1/24 by emailCreate a youtube vide on the following question: 1. Why do you think the government is the only builder of roads, armies…

Slide 1 Game Theory & The Public Sector Principles of Microeconomics 2023 Boris Nikolaev Slide 2 Pacal’s Wager Should I believe in God? Slide 3 What is Game Theory?…

Slide 1 Chapter 5 Public Goods Slide 2 Reading Essential reading –Hindriks, J and G.D. Myles Intermediate Public Economics. (Cambridge: MIT Press, 2005) Chapter 5. Further…

* 17.1 Introduction 17.2 Externalities 17.3 Public Goods * First Fundamental Theorem of Welfare Economics: IF All consumers and producers act as perfect competitors (no one…

* 17.1 Introduction 17.2 Externalities 17.3 Public Goods * First Fundamental Theorem of Welfare Economics: IF All consumers and producers act as perfect competitors (no one…

Monopoly (Ch.10) Game Theory & The Public Sector Principles of Microeconomics 2023 Boris Nikolaev 1 Pacal’s Wager Should I believe in God? What is Game Theory? Games…