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Documenti di Professioni
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III
Playconomics, LHS
Playconomics, LHS
Public
Goods
Some
Educa&on
Health
system
Na&onal
defense
Judiciary
system
Non-rivalry
&
Non-excludability
Playconomics, LHS
Playconomics, LHS
Playconomics, LHS
Playconomics, LHS
Aggregate
Demand:
Marginal
Social
Benet
(MSB)
&
Eciency
Want
to
hire
a
cleaner
How
many
hours
of
cleaning
per
week
should
they
contract
for?
Playconomics, LHS
10
Playconomics, LHS
11
Playconomics, LHS
12
Playconomics, LHS
13
Eciency
Say
What
is
the
ecient
number
of
hours
Anna
&
Zoe
should
hire
the
cleaner
for?
Samuelson Condi0on
6 hours
Playconomics, LHS
14
Eciency
Deni0on:
The
Samuelson
Condi0on
states
that
the
ecient
quan?ty
of
a
public
good
is
found
by
seing
the
sum
of
the
individual
marginal
benets
equal
to
the
marginal
cost.
Playconomics, LHS
15
Lek
to
their
own
devices,
will
Anna
and
Zoe
hire
the
cleaner
for
the
ecient
number
of
hours?
Playconomics,
LHS
16
4 hours
0
hours
Just
Free-Ride
on
Anna
Under-Provision!!!
Playconomics, LHS
17
Playconomics, LHS
18
Wont
Work!
L
Playconomics,
LHS
Lindahl
prices
19
Playconomics, LHS
20
Does Zoe prefer to pay the Lindahl Price (6 hours) or to free-ride (4 hours)?
Say
Playconomics, LHS
21
22
GOVERNMENT INTERVENTION
Solu0on:
Playconomics,
LHS
23
24
25