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(a) Give 5 reasons someone might bribe their kid into a college rather than give the kid the money [1 pt each] (b) Explain why “giving the kid the money instead” is unlikely to be a Pareto improvement… WITHOUT invoking externalities [2 pt] (c) …Due to an externality [3 pt] @ATabarrok/1105490674311401474Permalink On twitter.com
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Mood -4 🙁
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And you can reuse this question across much of your undergrad curriculum! Principles, intermediate micro, game theory, behavioral, law and economics, labor, econ of education, crime and econ, public, …On twitter.com
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Mood -3 🙁