![Welfare economics / Social cost / Externality / Game theory / Market failure / Economics / Costs Welfare economics / Social cost / Externality / Game theory / Market failure / Economics / Costs](/pdf-icon.png) Date: 2013-11-25 09:59:48Welfare economics Social cost Externality Game theory Market failure Economics Costs | | The Externalities Game (TEG) To obtain a deeper understanding of the concepts reviewed so far, class time will be devoted to playing the Externalities Game. By definition, an externality is a second party effect arisingAdd to Reading ListSource URL: d32ogoqmya1dw8.cloudfront.netDownload Document from Source Website File Size: 17,53 KBShare Document on Facebook
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