about account add arrow-down arrow-left arrow-right arrow-up back-arrow book-mobile book categories chat-bubble-mobile chat-bubble close college contact-us credit-card drag email-square facebook-mobile facebook-square facebook faq film history home load modal-error person pinterest-square play-mobile play queue remove resume search share show star tag tick trailer trash twitter-mobile twitter-square twitter university warning youtube-square
5

False Incentives, Real Harm

Lecture no. 5 from the course: Thinking like an Economist: A Guide to Rational Decision Making

False Incentives, Real Harm

Taught by Professor Randall Bartlett | 32 min | Categories: The Great Courses Plus Online Economics & Finance Courses

Two case studies involving tragic fires help you grasp two classic economic situations—the Tragedy of the Commons and the difficulties of providing a public good. Then, apply what you have learned to see how an economist would think about the even larger problem of global climate change.

Reviews

f********e
February 13, 2017
This episode got close to me

Reply

Delete

a********m
December 7, 2016

Reply

Delete

t********m
February 23, 2016

Reply

Delete