{"id":697,"date":"2011-03-08T08:56:36","date_gmt":"2011-03-08T14:56:36","guid":{"rendered":"http:\/\/opengecko.com\/economics\/market-failure-2\/"},"modified":"2011-03-08T09:22:53","modified_gmt":"2011-03-08T15:22:53","slug":"market-failure-2","status":"publish","type":"post","link":"https:\/\/opengecko.com\/geckoview\/economics\/market-failure-2\/","title":{"rendered":"Market Failure"},"content":{"rendered":"<p><font size=\"4\">Introduction to Market Failure<\/font><\/p>\n<p><font size=\"4\">Let\u2019s kick off with <\/font><a href=\"http:\/\/www.youtube.com\/user\/mjmfoodie\"><strong><font size=\"4\">mjmfoodie<\/font><\/strong><\/a><font size=\"4\">:<\/font><\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/rJixtB0GluQ?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><a href=\"http:\/\/www.youtube.com\/user\/economicshelp\"><font size=\"4\">economicshelp<\/font><\/a><font size=\"4\"> gives us this video:<\/font><\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/ynPaKPYWGO8?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"4\">Another simple overview of how markets fail for merit and demerit goods (S and D curves used)      <br \/><\/font><a href=\"http:\/\/www.youtube.com\/user\/BrynJonesOnline\"><font size=\"4\">BrynJonesOnline<\/font><\/a><font size=\"4\">:<\/font><\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" height=\"349\" src=\"http:\/\/www.youtube.com\/embed\/70odT2Qc9NM?rel=0\" frameborder=\"0\" width=\"560\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"4\">More complicated overview of market failure using concept of marginal costs and marginal benefits.      <br \/><\/font><a href=\"http:\/\/www.youtube.com\/user\/richardmckenzie\"><font size=\"4\">richardmckenzie<\/font><\/a><font size=\"4\"> covers welfare loss and briefly introduces solutions at end.      <br \/><\/font><\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/6QLRpyM-Ing?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"4\">(1 of 2)<\/font><\/p>\n<h2><iframe loading=\"lazy\" title=\"YouTube video player\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/jLKlWdl6T5c?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/h2>\n<p><font size=\"4\">(2 of 2)<\/font><\/p>\n<p><font size=\"4\"><\/font><\/p>\n<h4>Externalities<\/h4>\n<p><font size=\"4\">From <\/font><a href=\"http:\/\/www.youtube.com\/user\/mjmfoodie\"><strong><font size=\"4\">mjmfoodie<\/font><\/strong><\/a>:<\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/yC5R9WPId0s?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"4\">Follow this link:      <br \/><\/font><a href=\"http:\/\/www.youtube.com\/watch?v=S0lH4GEFy1o\"><font size=\"4\">http:\/\/www.youtube.com\/watch?v=S0lH4GEFy1o<\/font><\/a><\/p>\n<p><font size=\"4\"><\/font><\/p>\n<p><font size=\"4\">Simple Overview of how markets fail for merit and demerit goods (S and D curves used) by <\/font><a href=\"http:\/\/www.youtube.com\/user\/BrynJonesOnline\"><font size=\"4\">BrynJonesOnline<\/font><\/a>     <\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" height=\"349\" src=\"http:\/\/www.youtube.com\/embed\/Unh9uJggjRg?rel=0\" frameborder=\"0\" width=\"560\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p><font size=\"4\"><\/font><\/p>\n<p><font size=\"4\">Lighthearted and simple overview of some solutions to negative externalities by <\/font><a href=\"http:\/\/www.youtube.com\/user\/ASEconomics\"><font size=\"4\">ASEconomics<\/font><\/a><\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/Gqg-YFXSsg4?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>&#160;<\/p>\n<p><font size=\"4\">Some student work on the topic:<\/font><\/p>\n<p><iframe loading=\"lazy\" height=\"342\" src=\"https:\/\/docs.google.com\/present\/embed?id=dfp32qpd_331cp7v48k4\" frameborder=\"0\" width=\"410\"><\/iframe><\/p>\n<p>&#160;<\/p>\n<h4><font size=\"4\">Public Goods<\/font><\/h4>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" height=\"390\" src=\"http:\/\/www.youtube.com\/embed\/mYtW1Ug7L_s?rel=0\" frameborder=\"0\" width=\"480\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>by <a href=\"http:\/\/www.youtube.com\/user\/mjmfoodie\"><strong>mjmfoodie<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction to Market Failure Let\u2019s kick off with mjmfoodie: economicshelp gives us this video: Another simple overview of how markets fail for merit and demerit goods (S and D curves used) BrynJonesOnline: More complicated overview of market failure using concept of marginal costs and marginal benefits. richardmckenzie covers welfare loss and briefly introduces solutions at&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,10],"tags":[49],"class_list":["post-697","post","type-post","status-publish","format-standard","hentry","category-economics","category-ib-economics","tag-market-failure"],"_links":{"self":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/comments?post=697"}],"version-history":[{"count":3,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/697\/revisions"}],"predecessor-version":[{"id":700,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/697\/revisions\/700"}],"wp:attachment":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/media?parent=697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/categories?post=697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/tags?post=697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}