Intermediate Microeconomics · 免费预览

公共物品与搭便车

公共物品具有非竞争性和非排他性,有效供给需将支付意愿纵向相加;案例中的公园,收益为 40 减 q 和 25 减 q,成本为 60,在 q 为 2.5 时提供;自愿供给则供给不足,因为每个人都在等待其他人;而 VCG 机制和维克里拍卖则以付费的方式把如实申报重新买回来。

1. The vertical sum

The vertical sum

2. Free riding

Free riding

3. Buying truthfulness

Buying truthfulness

4. The provision decision

The provision decision

5. The Samuelson condition

What does the Samuelson condition for public goods require?

6. The worked provision level

Compute the efficient trail length from 65 minus 2q equals 60.

7. Free riding

Why does voluntary provision under-supply the public good?

8. Vickrey's design

Why is truthful bidding dominant in a second-price auction?

9. The summed first-unit benefit

Compute the total marginal benefit of the first unit, 40 plus 25, and write the number.

10. The stopping margin

At q of 2.5, compute resident 1's marginal benefit, 40 minus 2.5, and write the number.

11. The second resident's valuation

At the efficient trail length q of 2.5, what is resident 2's marginal benefit?

12. The first unit's case

At q of 1, total marginal benefit is 40 plus 25 minus 2. What does the condition say?

13. The free rider's arithmetic

If each resident naively contributes only what the trail is worth to them privately, what happens?

14. The auction's payment

In the second-price logic, you value the trail at 40 and the other bid comes in at 25. What do you pay and gain?

15. Resident two at the optimum

At q of 2.5, compute resident 2's marginal benefit as 25 minus 2.5, and write the number.

16. The first unit's total benefit

At q of 1, compute the total marginal benefit as 65 minus 2, and write the number.

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