Externality_game_write_up.doc

Trading game with externalities and government intervention
Objective
Method
how the
game
worked
Predicted
results
Buyers cards
Demand
function
Sellers cards
Supply
function
externality
Smc function=
pmc + negative
ext
Plot supply, demand and social marginal cost curves
RESULTS
ROUND
1
2
3
4
5
6
7
8
9
10
11
12
PRICE
PRICE
ANALYSIS AND CONCLUSIONS
EVALUATION
PRICE
PRICE
PRICE
PRICE