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We consider sequences where a subset of public goods are systematically being created or destroyed. For the case of strict Hicksian substitutes between all pairs of this subset of public goods, we show that willingness to pay for an increase in a particular public good is strictly decreasing the...
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Conventional analysis of public goods provision aggregates individual willingness to pay while treating income as exogenous, ignoring the fact that we generate income to allow us to purchase utility-generating goods. We explore the implications of endogenizing the labor-leisure decision by...
Persistent link: https://www.econbiz.de/10014203796
This study examines how lessons produced with an electronic whiteboard, video recorded, and delivered by Internet streaming, affect student satisfaction in undergraduate economics. Survey results show students enjoy the non-classroom experience of streaming and watching lecture videos. However,...
Persistent link: https://www.econbiz.de/10014062182
Conventional analysis of public goods provision aggregates individual willinness to pay while treating income as exogenous, ignoring the fact that we generate income to allow us to purchase utility-generating goods. We explore the implications of endogenizing the laborl/leisure decision by...
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