Public Goods Problem with Utility Functions

[@КсенияГаббасова-ъ7н]

I can't find words to express how useful your videos are! Thank you so much!

[@bobsagget9212]

Hey man you're really cool and just in time for my finals

[@tims4283]

Your videos are life-saving- extremely helpful. If one consumer can pay for the public good, are we not faced with the free-rider problem? Are both consumers going to pay when knowing that one can pay and the other gets the exact same benefit without paying? If we get the free-rider problem, how is this going to affect their budget constraint equations? Please help. Thanks :)

[@souvikroy1448]

Oh Captain my captain

[@juanestebangrimaldosleon3393]

pardon me, could you explain the general case for n agents?

[@jigyashamehta4719]

Sir, I have one doubt question

[@ahmadsarhan849]

Thank you

[@armanddupont]

How can the result be interpretaded? The consumers are not rational and should buy more fireworks?

[@alejandrotuiranrangel5228]

Thank for the video, I have some questions i will appreciate you can answer me. How can you solve the problem if the utility function of the agents are diferent ? also, what happens when are diferent prices of the goods, your budget constraint will change ? for example if Px= 2 and Py= 3, your budget constraint for agent 1 will be 100=2X1 + 3Y1 ?Thanks a lot, greetings

[@shama8490]

Question 1) respectively. Q=20-P and Q=10-P. The supply of the good is defined as Q=P Assume that the demand functions for a good of two persons, A and B, are as follows respectively. Q=20-P and Q=10-P. The supply of the good is defined as Q=P A.) What is the efficient amount of production of the good if the good is a private good. B.) What is the efficient amount of production of the good if the good is a public good.

[@percyjackson3534]

Adam and Eve consume a private (S, price PS=1) and a public good (V, PV=1). While Adam benefits more from the public good, Eve benefits more from the private good. They each have an income of 100. Their budget constraint is S+P=100 1. Define the utility function for Adam and Eve for each of the goods. 2. How much public good will be provided in the social optimum for the community of Adam and Eve? 3. Eve decides not to contribute to the public good - how much will be produced if Adam has a great interest in producing the good? 4. Peter moves into the community, who is interested in the production of a public good and used to contribute to it. How will the willingness to provide a public good in the community change, explain. 5.Define a public good and the behavioral interventions that a public government can use to promote its optimal consumption hello guys, we just got to do this and noone show us how to do it :D welcome on high school in slovakia :D i would appreciate if you could help me :D thnx

[@angryvoices177]

no homo , i love you man , thank you so much

[@diegog9186]

Hola luz