Government institutions I

Materials for class on Monday, March 12, 2018

Contents

Slides

Download the slides from today’s lecture.

First slide

Simulation results

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.

Feedback for today

Go to this form and answer these three questions (anonymously if you want):

  1. What new thing did you learn today?
  2. What was the most unclear thing about today’s class?
  3. What was the most exciting thing you learned today?