Property Rights and Incentives

Unit 4: Property Rights and Incentives

Think about:

From the news, identify an issue in your community that is amenable to property rights / incentive analysis. Possibilities range from the cleanliness of your school's cafeteria or bathrooms, to arguments for privatizing local transit systems, to selling Yellowstone National Park. Think through the problem using your new insights on the role of property rights in shaping incentives:

Identify the problematic behavior and the involved stakeholders or interest groups.
Provide a property rights / incentive analysis to explain the current outcomes.
Propose a way to change the incentives and predict the results (or, failing that, explain why change isn't possible).

Compose a single, concise paragraph incorporating your thoughts, conclusions, etc.

Post your paragraph as a reply to this blog posting.

Post twice more in reply to the postings of classmates.

Welcome

Welcome to this online community. The primary interest of this blog is The Economic Demise of the Soviet Union, a topic explored in depth in a graduate level economics class for teachers of economics delivered by The Foundation for Teaching Economics and the University of Colorado at Colorado Springs.

You will find here a variety of comments, questions, and a spirited discussion of topics revealed by the natural experiment revealed in the Soviet Union and its demise.