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for the myopia model assume a pay-as-you-go pension system the consumers overestimate the generosity of the pension
consider an economy with a single consumer the government gives the consumer a bond with a face value of 1000 has the
consider the previous exercise and suppose that the introduction of social security induces the individuals to retire
a sixty-year-old widow is considering claiming her social security widow benefit now the primary insurance amount pia
suppose that the government seeks to raise savings and is considering expanding the individual retirement accounts iras
in the exogenous growth model what are the effects on the steady-state consumption and capital-labor ratio of an
explain how in the solow exogenous growth model output and consumption per worker converge in the long run to
consider the solow growth model as described in the preceding exercise and include government spending the government
question 1a assume that in never-ever land 2 types of borrowers participate in the market green and blue there is one
suppose alphonsos town raises the price of bus tickets from 050 to 1 and the price of burgers rises from 2 to 4 why is
end-of-the-pipe control versus pollution preventionthe marginal cost of reduction curve illustrated in figure 45
open access and paper productionsurrounding the great lake are four paper mills each producing 100 tons of paper per
demand curves for public goodsadam and eve live on two sides of the garden of eden a small suburban development after
ronald and his daughterthe living room floor at ronald coases house is common property his daughter joan really likes
marginals and totalsthe following graph illustrates the marginal costs and benefits of reducing emissions of benzene
more on efficient smokingthese smoking problems are a little silly but are good at illustrating some basic lessons
the stray cow problemrancher roy has his ranch next to the farm of farmer fern cattle tend to roam and sometimes stray
a travel-cost examplenow it is time for your first consulting job as an environmental economist the forest service
social welfare and landfill regulationthe us environmental protection agency epa issues regulations covering the design
open access and loggingthe following data refer to the number of logging operations working in a stretch of tropical
plover protectionfor consulting job 3 suppose you are analyzing the use value of a public beach controlling for income
benefit-cost controversywhen taken to its extreme the logic of benefit-cost analysis can generate some strange
controlling air toxicsas noted in this chapter one of the clean air act amendments passed by the us government in 1990
arsenic and water do mixconsider the following statement published on the website of the aei-brookings joint center for
dynamic efficiency equality and sustainabilitysuppose pandora is deciding how to dispose of some hazardous waste she