Evaluate real-world instances of externalities and public good inefficiencies and suggest solutions.
Initial Response: Describe a situation where you experienced a positive or negative externality or free-riding by you or someone else. Why are these situations problematic?
Note: You will not see other students’ responses until you post your own.
Contribution to Discussion: Reply to a student (choose a post with no replies) and suggest a potential solution to that student’s problem. How would you internalize their externality or dissuade the free riding?