Negative Externalities and the Coase Theorem

[@lorro7585]

Come back to you as a university economics student. Dal you top geezer.

[@hivan04]

YESSIR

[@ahsank.]

Coming back to Dal from university is always a good feeling

[@carolinalocarno9102]

I usually never comment videos, but this is definitely a great one! Thanks

[@nidaali1637]

Very precise and to the point as always 👌

[@spawn90761]

you can do the diagram based on the river user having property rights by using the y axis to sketch the area under the diagram to include the loss and area gain etc

[@qufluna]

You should add Marginal private cost n Social costs so we can see it clearly.

[@fazertopi1876]

You're my saviour

[@jaakkooksa5374]

In this example the farmer owns the property rights to the river. What if the government owns those property rights? Then we are back at regulation again.

[@tims4283]

Assuming the river is a public good- given the free-rider problem that could occur amongst the river users, who is going to pay the farmer with a property right to take production at Q*. Should the government not intervene and impose tax on pollution (i.e. farmer, assuming no property right was granted in the first place) such that t = MEC (Q*) = MB (Q*)?

[@priti6655]

Thank you sir nicely explain ❤️❤️❤️❤️

[@fazertopi1876]

Brilliant stuff

[@j4kob204]

Great video :)

[@JocelynDavies-wc7hh]

In this situation the river user would be the public? I don't understand why they would want to pay for it?...

[@deepu9319]

Awesome

[@vladimirmisin1876]

marginal costs and marginal benefits insteeeeeead , please

[@1watsonwatson]

Government failure is far more common than market failure