Government institutions I
Materials for class on Monday, March 12, 2018
This simulation is an adaptation of “The Paper River,”Gail M. Hoyt, Patricia L. Ryan, and Robert G. Houston, “The Paper River: A Demonstration of Externalities and Coase’s Theorem,” The Journal of Economic Education 30, nos. 2, Spring (1999): 141–47, doi:10.2307/1183268.
with some modifications borrowed from John Whitehead.
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