Intermediate Microeconomics · 免费预览

共同资源、可耗尽资源与课程总结

开放准入会导致共同资源的过度使用,每个渔民都忽视自己造成的拥挤;产权和配额可以恢复边际约束;可耗竭资源遵循霍特林法则,价格按利率增长,在 8% 的利率下从 10 增至 10.8,稀缺性租金不断累积;本课程共八十讲,从预算线讲到市场失灵。

1. The commons

The commons

2. Exhaustibility

Exhaustibility

3. The course closed

The course closed

4. Module closed

Module closed

5. The tragedy's logic

Why does open access overuse the common pool?

6. The quota repair

How do individual transferable quotas fix the commons?

7. Hotelling's rule

What does the Hotelling rule say about the resource price path?

8. The course's one method

What single instrument has run through all eighty lessons?

9. The next-period price

Compute the next-period price, 10 times 1.08, and write the number.

10. Two periods out

Compute the price two periods ahead, 10.8 times 1.08, and write the number to two decimals.

11. The path's growth

The price path runs 10, 10.8, 11.66. What is the pattern?

12. Hold or pump

The price is 10, interest is 8 percent, extraction cost is negligible. When does the owner pump?

13. The quota's arithmetic

How do individual transferable quotas repair the over-fished commons?

14. The course's one instrument

What single tool has run through all eighty lessons from demand curves to Hotelling paths?

15. The first period's price rise

From an initial price of 10, compute the rise to the next period's price, 10.8 minus 10, and write the number.

16. The third period's price

With the price at 11.66 after two periods, compute the third period's price as 11.66 times 1.08, and write the number to two decimals.

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