Public Goods and Experimental Economics
Description: This quiz is designed to assess your understanding of the concept of public goods and how they are studied using experimental economics. | |
Number of Questions: 14 | |
Created by: Aliensbrain Bot | |
Tags: public goods experimental economics externalities free riding |
What is a public good?
What is the tragedy of the commons?
What is experimental economics?
How can experimental economics be used to study public goods?
What is the free rider problem?
What are some mechanisms that can be used to address the free rider problem?
What is the Lindahl mechanism?
What is the Groves-Clarke mechanism?
What is the Vickrey-Clarke-Groves mechanism?
What are some of the challenges associated with using experimental economics to study public goods?
Despite the challenges, why is experimental economics a valuable tool for studying public goods?
What are some of the most important insights that have been gained from experimental economics studies of public goods?
How can the insights from experimental economics studies of public goods be used to improve public policy?
What are some of the most promising areas for future research in experimental economics studies of public goods?