ERIC Number: EJ588680
Record Type: CIJE
Publication Date: 1999
Reference Count: 0
The Paper River: A Demonstration of Externalities and Coase's Theorem.
Hoyt, Gail M.; Ryan, Patricia L.; Houston, Robert G., Jr.
Journal of Economic Education, v30 n2 p141-47 Spr 1999
Presents a classroom simulation in which one firm pollutes the water used by another. Includes a detailed outline and discussion of the preparations and materials required, and the procedure for running the simulation. Argues that students learn how property rights provide a market solution to pollution costs. (DSK)
Publication Type: Guides - Classroom - Teacher; Journal Articles
Education Level: N/A
Authoring Institution: N/A