Chapter 12 – Economics of Information

Lecture Videos

Part 1
Part 2

Lecture Slides

Discussion 5

There are externalities to almost everything that we do. Some of the externalities positive and some are negative. Identify an externality, positive or negative and explain the impact on society? Also if it’s a negative externality, how can we lessen that action or if it’s a positive externality, how do we increase the likelihood of that action?