Lecture

Market Regulation: Tax and External Costs

Description

This lecture covers the concept of market regulation through the implementation of taxes to internalize external costs, focusing on the relationship between private costs, external costs, and the optimal quantity produced. It also discusses the impact of taxes on market equilibrium and consumer surplus.

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Official source

https://mediaspace.epfl.ch/media/0_4xbzy6fa

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Ontological neighbourhood

Economics

Microeconomics: Economic systems

Macroeconomics: Markets

Business

Finance: Financial institutions

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