Welfare economics

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Related lectures (32)

Aggregating Impacts: International Valuation Issues

Explores the challenges of aggregating impacts and valuations internationally.

Intertemporal Trade: SOE Allocation

Explores intertemporal trade and SOE allocation with financial autarky, focusing on interest rate effects on consumption and welfare gain.

Market Failures and State Interventions

Covers market failures, state interventions, public goods, externalities, and natural monopolies.

Traffic Congestion Costs: Understanding External Costs

Explores the impact of traffic congestion on commuters and society, emphasizing the importance of considering both costs and benefits.

Understanding Markets and Welfare

Explores market dynamics, equilibrium shifts, welfare maximization, and the role of central planners in shaping market outcomes.

Departure Time Choice: Modeling and Equilibria

Covers departure time choice in transportation systems and optimal pricing strategies.

Market Equilibrium: Basics

Explores market equilibrium, price regulation, supply and demand effects, social welfare, and challenges in achieving welfare maximization.

Game Theory Applications: Project Proposals and Examples

Provides guidance on project proposals in game theory, showcasing past examples and emphasizing problem formulation and mathematical modeling.

Market Regulation: External Costs and Social Optimum

Addresses market regulation, focusing on external costs, social optimum, and the role of taxes and subsidies in achieving efficient production levels.

Optimization and Simulation

Explores optimization, simulation, heuristics, and Pareto solutions in multi-objective problems.

Market Regulation: Addressing External Costs in Production

Covers optimal production analysis, external costs, and regulatory approaches like taxes and cap-and-trade systems.

Market Regulation: External Benefits and Subsidies

Discusses external benefits, subsidies, and their impact on market equilibrium and surplus distribution.

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