Market failures

Content for week of Monday, July 13, 2020–Friday, July 17, 2020


Other useful resources

I pause during the “Addressing external effects” and tell you to watch a video on cap and trade systems. Here’s that video:


Videos for each section of the lecture are available at this YouTube playlist.

You can also watch the playlist (and skip around to different sections) here:

  1. The CORE Team, Economy, Society, and Public Policy, 2019,↩︎

  2. A. Danny Ellerman, “US Experience with Emissions Trading,” CESifo DICE Report 5, no. 4 (2007): 13–16.↩︎