Page 25 - Microeconomics, Fourth Edition

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CONTENTS xxiii
16.2 Finding the Conditions for a General Equilibrium Efficient Provision of a Public Good 720
with Four Markets 663 The Free Rider Problem 722
16.3 Checking the Conditions for Exchange LEARNING-BY-DOING EXERCISES
Efficiency 674
17.1 The Efficient Amount of Pollution 704
17.2 Emissions Fee 707
17.3 The Coase Theorem 717
CHAPTER 17 Externalities and Public Goods 697
17.4 Optimal Provision of a Public Good 721
When Does the Invisible Hand Fail?
17.1 Introduction 699 Mathematical Appendix 729
17.2 Externalities 700 Solutions to Selected Problems 749
Negative Externalities and Economic Efficiency 702
Glossary 771
Positive Externalities and Economic Efficiency 711
Property Rights and the Coase Theorem 716 Photo Credits 781
17.3 Public Goods 719 Index 783