1. If we dont build things and make emissions...what are we going to do? Controlling emissions does not do much good, unless ALL nations on earth do so. but I see your point.
2. The UK and USA cannot afford to compete with chinese and and indian ...
good points, but also by giving people discounts on new cars, surely this would just encourage car firms to raise prices so as to maintain their profit margins?
hi Jacob,
i found some possible answers for you, the VCG has some additional shortcomings below:
Despite the Vickrey auction's strengths, it has shortcomings:
It does not allow for Price discovery, that is, discovery of the market price if the ...
its a balance, it will depend on what subject you think you will enjoy, and what you will want to do with your degree
you need to give us more info for us to give a good answer
It is rumoured that in the next UK budget people with cars over 9 years old will be able to receive a £2,000 coupon to spend on a new car if they scrap their old car. to me this seems bad economics on many levels:
1) cars require a lot of energy ...
April 14
Peter Willis is now a member of Economics Forum and Jobs