EEP 100 Environment Economics and Policy, UC Berkeley, Dr David
Zetland
1 Introduction to environmental economics and the
political economy
2
Guest lecture by Claire Tompkins (Stanford Phd)
on water markets, options and trading
3
Guest lecture by Damian Bickett (UC Berkeley
PhD Candidate) on public transport
4
Review of guest lectures and discussion/experiment (fishing
game-tragedy of commons); power (political economy); theory v.
reality v. empirics
5
Statics/dynamics (recap), math vs. economics,
supply and demand; elasticity and constrained
optimization
6 Markets, missing markets, no markets; elasticity; inverse
demand; dead weight loss; indifference curves; constrained
optimization; edgeworth box
7 Marginal rate of substitution vs. elasticity; Preferences to
utility to demand; optimization hints; edgworth box; intro to
production
8
Teach-in on the walk out, the production function,
costs, profit maximization
9
Political economy, macroeconomics, optimal
production (a correction), AC, MV and VC, profits,
monopoly v. perfect competition
10
Transport, markets vs. bureaucracy, more on the
walkout, math v. econ, utility, collective action,
information (Hayek 44), incentives
11
Income elasticity, theory of the Firm (Coase
37), more on profits, cost accounting, cost
benefit, opportunity costs
12
Transactions costs, market failure,
private vs social costs, externalities, taxes and
regulation, equilibrium, market power and government power
13
The economics of car donations; Lerner index;
Monopsony; Bilateral Monopoly; price discrimination,
two-sided market
14
MT format; Nobel prizes!; corporate social
responsibility vs. profit max; price discrimination;
DWL v. shadow values; property rights: pigovian tax;
15
sunk costs; substatutionality; real
world vs. math; political economy (visible vs.
invisible victims); redux;
16
Principal-agent; homoeconomicus vs US
17
Auctions (part 1); principal-agents
(part 2)(CRS)
18 lobbying auctions;
principal-agent
19 Auction update;
two-sided markets; Baptists and
bootlegging
20
PAB; risk v. uncertainty; ludic v.
conflict game theory; California
water bill
21
Incomplete contracts,
game theory, prisoners
dilemma (simultaneous game),
sequential games, imperfect
information, mixed
strategies, nature
22
Guest lecture by
Ties Rijcken on Dutch
infrastructure and the
struggle of competing
interests
23
GIT Risk Cournot,
Stackelberg, and
Bertrand
competitions
24
Extrinsic
vs. intrinsic
motivation;
discounting
(financial and
social); CBA vs
BCA;
25
CBA 2;
Climate
change --
politics,
collective
action, who
pays, and
climategate;
26
Peer-grading
as a
collective
action
problem/cooperation;
evolutionary
psychology;
bounded
rationality,
risk
aversion
27
decisions
on
the
margin
vs
block
grants;
monopolies
are
GOOD
for
conservation
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