Thursday

April 24, 2014

April 24, 2014

Posted by **A-tan** on Sunday, September 27, 2009 at 9:37pm.

- Macroeconomics -
**Ms. Sue**, Sunday, September 27, 2009 at 9:47pmYe gads! Who is going to weigh each household's trash? What expensive equipment would they need?

Paying by the pound does not sound like a profitable enterprise.

Why do you think paying by the pound would be good for the economy?

- Macroeconomics -
**A-tan**, Sunday, September 27, 2009 at 11:05pmThanks. I want to know what is INCENTIVE BEHAVIOR if goverment instituted this policy. For example, Seat belt law, the probabiliy of surviving an auto accidents rises. but this law also affects behavior by altering incentives.

- Macroeconomics -
**economyst**, Monday, September 28, 2009 at 9:07amThink a bit outside the box. What would you do if such a policy was enacted? What would a cheapskate do? (e.g., start burning his trash). What would a sleezeoid do? (e.g., dump his trash in someone else's bin).

Remember to think like an economist. The MC of tossing more trash under the current system is zero. Under the proposal it is > 0)

I hope this helps. Lotsa luck.

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