3 articles
Immunization Economics: Positive Externalities and Social Optimums When we think about vaccinations, we often focus on the personal health benefits. However, from an economic perspective,...
Read Immunization Economics: Positive Externalities and Social OptimumsPigouvian Tax: Theoretical Criticisms and Implementation Challenges A Pigouvian tax is a tax levied on any market activity that generates negative externalities—costs that affect third pa...
Read Pigouvian Tax: Theoretical Criticisms and Implementation ChallengesEdsel and A&W: Lessons in Marketing and Consumer Psychology In the world of business, success is often determined by more than just the quality of a product. Even with significant inv...
Read Edsel and A&W: Case Studies in Market Failure