Introduction to Microeconomics Chapter 07: Public goods or Private goods?
Inhalt:
Chapter 7 uses the criteria of excludability and rivalry for distinguishing 4 kinds of goods: private goods, public goods, common resources and natural monopolies. It shows why public goods are not offered by private markets and how and why goods / services may change their classification over time.
Stichwörter:
Vortrag
Referent:
Prof. Dr. Hiltgunt Fanning (Fachhochschule Stralsund)