2 2 2/202? ande L Laritentront a @y op Kststas & Climodt Cneuge heoruomattd os * Copelowd at a Om acl (eorrerpondtins” Y Clan fin | @ Ais Potbabion ee wre TT) Clear was. | wat — Palluskion i SB. 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Rosi of chong 2g ; ee to nil Qs Pa) oor ek : conned is " se nth a OE 7 _ 7 aon [ee.6.| ° \ okies dog near 5 (@fro®) - e (Pee =) « aa eg [Ae fie? rv? — ot pm + pf % - hy 2 4 a , ea ae fate two . effects A. pxuo™ (soya ve \ x ia A eyo W) mL 7% [Jncomat fe) ¥For mowrmral qood > 4 wan 70° d rErse - fe = Se +TE eel Hickest we Gd ue frouss He guloshtubicon eed UL Moshallion ak cure alow OE . tne fra @ aff. HA ‘ Ateepes thovs Mddic - we PAE Yo Rok ~ I aye 1 eS ape expo sina | ¥ fined peer MOS OL Del erry wrote fe ae! cane ee (ef? wy - 884) Pgy ent) | alg std )- oe 4) 2 ECP > w)(2) im a). 2 + ‘ ae Ar tA [As Mg a PR ‘ales (4) | } ape GD im CD ty ap, 7 Ae t AA + MT ty Artera #82 + Ate-; + B&G : . 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My we ak Mactullian ar Mis Hicktion Al carreapoting fp P yu, Tinks wslingnas he peg for x0 36 for Cee pace ph wun under te came fron SS 0 foxy, i ay C5 = & TWP ~ advally pays. wea OVS SE gree falls fm PY es te AABS a = V-\ \ it + ( ce > Bie The change im CS when pee ( chamyts firm 9? te Pl ew 2 ECR eh, BY — EO AM) Se indie te tnitiad Level of wklty . | \ e048 Nae 1 “ au a ) 2 EC of i) or imclux to Huot dl of urlhy We ace phe Marphraltion Cece 2m ating’) vu tld xe CrDre = eV ue ew € ACS SEV Fre Potte = Rise CV iw tke ak of ime git te the Commune EN is He awk eo ime to he taken from fet emuen a He wikat aituatten , Be thet he dnadl flew te Row ywiehet willy is Ur 5 Port is uy % Ev SACS KON: 2 goods fs oe 26 is, & ope a ovat fae He pel git am v geod Cres (erg) > Ww REY Cemiae Areoree Apist nm ria pvt qed) v (M454) * . ul VY > 4) | Quotnicted Tee I Ce seers ‘ a (4m) Be ame af tonaumed ginto wblity = 2 e “i “1 goody wo guts, fer] ba docs nok cept Pane geet pvotuicl wher u(he (oy, ,2,2 292) =H inass a) Eee aituain > P09 > Mp ee + vedas t,* cae re uw : vel aii 2 Hn, &) 2 (24,0) hy es “dl Now aby of squsidhneiniital gee fol aya,Oretiy > Yew “Oveed 5 way fo ba given jy | Ce vo ati tuo =y row muck Ihe Lonspano sting arp oy os cod few of wy PRE peuten ao far he at ME Ruled level af Hee emwinonimentey goed - : ° y mak $= eR at) -y ee "i -€ (*, 9°, wine bl u -e€(%,4 4) Cie corms pondinng wht Lonel ul Skouin & tuo > Prcune tor AU af a Har! Ute a Gp wv Hae folef Poe tak See oe ae lena of enamel good Pym ECR, (ul) és y =£ (8,44) = ERY, 2) => faded bol, _- SL Paitiae Sitaation at 5 te . 3 fo [22 a We: ay Oat, Pretend rol aiation 4 - 54 x, [oeneunt he 2 ee rgd) Oe) (3 gout Boge yanl? ede © pul a> Ute > “(UE U) Te ° The Lb coe Yor He Lowe of wh! Should pass 2GD) pe, Sacto whl 7M Fimo wil ul =fr 74 (how wach ontia fme fo be rung teak warmer qo back fh Up ab a, (enst obs C6 = B Ades (Auah of foe fo be ivr to Hat conorsine Can tog 2 bh attain > Ares * mi: ‘ fs fom of OY 44 will fade Ru, whe from — CVA OE inatfat ~ Leet of! \ ony ged wilh tant ame at BB final whl (%)- f, Ares mete fo be eed b VOR deg ve ES eS = Aes 2 ppd = Ivo | 4, = 64 (ena See ee LD > Y= (Bai) Wea ae oe ail 2 loo. we 20 4 2 It Sastre ae 7 Ma : Woye (e ie hay Salven te ds \v0 Y ul2,%) 7% Pe : Vn ik is inde 2 =o! 64 ™ ° = 3 Beivo, : A ke. 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Gaakger Coutts ot 7 we er XL v (wor) oo a wee ts) Per ay din st ele) wi 4 tated In Yanceus CHO Qiov wit own fo céty to & | pellakcon tent ? ot ONG ve {es fe he bugnalon @ 4 : 2 a . | v(w,p yk (eowrt ) — '"o vole be focus « The cewounmers ane bo Peck | 8 ewe re) PD =A severe) King wt prom wo, 7b” Sh wt +) Hun (win?) fe wotmtain ahaa tum «shaw f-ylwost ae petln b! P ck ° x pt vp xers ) vei PD we ‘ oULsSi er hb v- . 05) Pas I [eto itr)?) cei’) # Da che POA [lw 0D* ) ae v pe = ko bun” rap ph kh vey fer ©, ew, oP) lee wo asnume ow Ap ia productively unlone’nf : wb pndeen eorg eae Henfonbeteat” TS * ote ques Swe 1 H From A By wis War ) mee govrrleurs crass YO oe twampuroatid for ® iw P, Comnol amy aan tintens oe agit of (|) hn el picda te pollwion productively girese DVS) r pw t . fr cask wp y \y ee Go oe ae fo Upr R Belew “Mth we Y Coo [rowmunt ao t yaustais doped the punk wil Path. gm erdee 5 base aut counpurralie fess Gerd Yor i ow in produchviy Anon” by polluter + | sham poblidt ore har me ype practelion : why rb ( cowanmne” art nade bm be conpeoitd) Stas enon aur te pre dean's c- ' Lows - Cc Bb aos wh ge fhe tou} Plz) p/C2d 2? Mom ve 31> rr amenity | or ye ax + ple)! I Bid wud : yr feta slop | el? he 7 | oe ea ant ef “q ut | Be Roe Lo twtecn de ga . x. ! a gece Wy) Fr “) OC M2) %) | >» 0(7,2,%) w2ooON pole, WL 7 Uo” HS Mat zt cow warily wil be higher it 1 Sore wt “oe Nghe oie quauty - rs ff wo hth umot tip t diem YON G0 8 q & held ener at B them to oteaitn dcglrern wal Iw we howe to PE (only wag). *7 A fouat | d so dr 18 phocty 4 p y Ue ; oy Ample ln n footer ro vst a Cos y , Q pure aning — was Unareclat ith — Sis i A pan taied wy nk X aaie &) uh pu 0 tas a iaine rn ei elt?) Aas : oS - cl 42 ) at pote y wy ic 308 @ For Ae CD OOD n* eCr, 2) > 4) *we. motel t) Gatar ay raed ume erals im He ate oly w Acemnibatity, ” hr ly eei e wr FED + pee fee hater pn pina fr —># fden is fo ata 9G) fo din pO? . @ gin 2 pa Are sea, = ez dp . 4 Aine z Ca i PR ae a a 2 Ze =p Ae t v eatirantion “ ne (amwir %% * a, baa + oyhn we pote 2 te ter + Bey 4 oe oy wr?) ou mut? ON a ; ay Suppose frre iS an gavirvonmuntel Bad. & wiley howe b 2. . (Ue Aud N FaMKuly - bw Suppose houcelrold f mre ihe fe neawatratit 2 Yo ences Les uhty » Buk thar" iworth be erpundchore wea, owauilal & to Uae Ul berehere (we coutol have bem Qr Armlling lge uth iby. w- 4u + du -E =u-€ Kom au SA-E ate boweth fh parovel . ~~ E ~ dv sue git * Ds, ; Dy 7 ° we > (8.8) 8 5-4 (p- Fd) bogey ar eet Co gt | gen, = eren?oP | > 3 | ser Pr > change in deh. onperd — owing br | chaye 4 | te mr prin keepd Qo kame, cut of AP ws , AD = Dg aR + Dp AP oD & Tye age o 49 > 2% > 4D. Desh +d ae sxe e e a 6 -ve | oP : %@ 2 AD at lamers & ak wich senor which achat bd cahwek of oT” Ae Op natal cyst’ wr Omar Go are qa get f wa” Wo fo be contented .\ Y is[afox Modes of hh produ : About pie _f Gerling» AA pb pote A trealit expenditures ek oan ee Ye : x, HLA wehbe Bs ag faa - aur polln . Max"fr | Mi . ae w“ f(x, WARD KM Capi vers - tole We BM BAD wa wt dy |) yy M +e. (n> Swe Fndinnel” whl de ° AA bu we t VE) Ans vom & ee) “4 can - ats of no (" yD) aA ee eee aay tA ae soy B&B oe * 2 68) ee (4 ED a a atx a0, whol 4 win M70Lent) powered fe of SOR Lar wat of fe Bue BYee cue A MWR curve fh swift of D4 » dor Ona Tratal we lngnss to pay SS 0a 19S \ No (ry x ee we thin wens bor Bre Cowan RK qemrnt model. agit pa fom bpp eet sane ton. $ Feta nes of WHE drom tone % . B. <> pepelntin gee 4 yustate nw val = Selo, oa “Kes ee RE ) Mot Sa ator oh se dass *) ict i ON es, 5D) beatin of py fe fi bone v V2, eopower — Hx ke ano dels areit aysfe? : ‘ pofedr 0 | pepe fo ravtal Hacc prtfercuees « 4 f) Ooh ae . Tero kinds of models tau be conataucted fo kee Ha WSllingness Yo pay. “1 (y Hypothetical mrartels 52) Experimental moorkel- G Cotimgent Volusion i— People alle Heir | Cheore eee, WTP for fhe about — natwul CAN 7 aioaaninysaie shel ® asiassmond A: sul spill wn thingners to neeepl dowaae war aaked . Goan wan’ to Bue afd WTP for chan ai x Lenebil of, UMS ae Atal. ai, peer bo @ car = cost of Clea A auc af fetal dernyft eneuds Cost = net bene tve a] walsd arma 63 add ar » pre. « beaut (Gout Koren) —> water qual'g Stops: : 1 Dafne He good wise 2) tam ug = 20° Aovarbells Uresen Ae” 3) 8 bee question nee ion of He goed " “ _ 7 oe approx’ 4 te, Wi) Ebi wore Coat yanioua Ranges PAY Bet pustd ounet your octept one. ‘ a anmple group to get 4 yTl olake .What a WTP iP Lomtaetnahiors Be arckreeel froin gy me hE ie, we 4, De)! LP 0,41 9% 87) Fp price of rareated goed 4 YP fncome , 7 ds T: ! 2 Lemel of other — euv. goo B, $ ( d (age edue pro of Acldrog South Kerea , urntnuy is WON Fading '— wonder bil roan gd owen] monte . to Avg wf fer cleanup 4 a adn © 2604] month * $a, Avg wie fer Cleswinp | reelucedl pick * 83 bx wow : © $106 vam rons Now Hau was an US — Nakorel Oaanie ad Arwrerblewe — Adnviais trahon (weaa) ; : Yad bp reoneniels [powet fo wok on Cerhngud Waluatin, concluded HAT contin putes hod tt He follene, dor pepe Cemctiinge woluokion + Caren (1441) pacermmed Cursor (1991) Peo mmentattons : — ») defining mirkel” — atennuos D alpinition ‘L dearripton of good - Hae “elt tev aneptging. Je et Wi) Ragraent mated for geod ie, give prepr oleprils to fhe people fm abb He av goed . 2 MOAN pan dLeom mensl ations | — ' : Se tf DL aubestihutes nist they abowld be woole auoose of 1, Oil u each, am | FT ose faa sani oak |2) dhould nok nae eats gerente — gmurieur gure h’ e atehed 6 Be wry objective . ou [ahora wah 8) Chick Ko makes auere Ata ‘ port a ) guonen ( debrvefing > pew har undirttood the — Sx off with & low oul 7 like ob boy gst rq yes |vo Ne, wie ss bm iL Yes, err ge os Lad Yo by 2 waoaheh Pr. PGC Uy Find wank Rae pat How No =F oer 44 Nes 27 90 > Rp gays no, Het will be har bok SAD veal Ose — “Net in cowl gamete vandimn Wed - ) Di . gpust apes ease Fo OD. Duk Bue alk tanan, tete pul Bab fo gtr 3) Paywan end 4) Refurendlia of desetle thee — Samper Grolen up one Liffrene pews coal aka | oliffsrene WTP fo ape Geet: Aur is 4 ln j ea : Gre Dae (xatouo waninbles) ae cP , ee (BTA) Lrd vat. to, ever) FGITAD © fe i Teer? leo) + are pp yd gens te ye Fs) Uleliheed > Fm) ! uy e _ am . Tie aay N eet. f Go He poner eabrnvat ed fo maminaiee (the ale Bae EEET P (Yes “to a = p(a;>8) = 1 cays Z ™~ ri 7 anleed by ( Orc awake question bs the his diceute chore Is Auppesed be HOt occeep tay _——— ~~ Markel adintiis Hatin 1 How at you 223 Jae Si ' girg fo conduct serevest oN ume) in’ 5 0? Pees yn SS Awey D when kere Los money, we wee mal sw Paotelum :- No praponse Aalt w 5 Hnete who : tet My awe & bo gh WIP the env’ dood. Pend ap gai eA comin of ag (iF wrth Wt bo D High Connectivity Aagquised ark olepende on wie pie He phone of louwd line , Qout wt Hr mobile no such putiem (wuain ogo qoep) y jrtovimwe ban — The parser trtrvrenring mo gs fepbaente hee pour surveyed — by hin. views BY Saderviewser ban with bh een a largo extent . in core of in- person : ener ) daing be do ? ae v aompli (ener ee ene aM equi heel im the Gp samrpee fae included ) woonl to draw % Bach OO? of camps fav popriaton Uy port kintng i) [mM ‘4 This ig done to SN NUN, AN - Gnple poclow hoa 4 being (pee xing ET Sate)%) Less die” an Hoag a n ee HM Me (peel frome crete parti ons boing Weludeck for aa im Whe Ananple . low. : ayn ee oes do some altruistic ae els Some frum ib > When wank fo ger good fers Soi Sfretrore Jove a Wighor asehing ness fo pry for an our good - pone aaked WIP, soil yes Ch ger bi Aaksfoot! on) but wut not actuatty etl up eee be i ; Brebeddling — Pople are not ° be tend abowl= the env geet ter much. They ae, botwud about tHe kick tar they ge by atahng: Hae, wit, for env good spade _X bnwinanynen Gp + TP in autorelie pee hie (assemed) Ae fers courts Mt ane a dague of aubrchy oe cr tame effec ‘lization af what a@ iF dees ee post D trade Lads fo apee! (cet paribus) tor 1S acome Ts utput 7 for the onstrannnen wo 4 [howerer who fe wily ph mw dd fr omy IG a noraral good, & . badn fo ppst enn iepoe (ao normal good) 2 ee Ae ang edatont tapen! apg 2) tm good fm fs. env dos al yaated® and asst A teaplemented yt (ad fey duweleped” vauietntes “one ident for oliaky daduotries one LS Aegnreetedr | Mee petlution aces clue 10 phy iffe dire to tus naighattou . 2% Clan OVE OKA Fo haveleped walt Ko disty omer go be es aeveleped wor, Dinty mdurttia pet ve questi in frrotr tao carpeted | | Beueboped ceuntries hase better tndas at trpitel — poluch mete Hon compensates for te fact HGF Bey dove: tighle aratdion 2 finty inolanbues owe qenng looted im tha devthipes Reena ates. positive affee Bi pe decbui qne errrwholm dae negaiive offer from plole « v Modal : Two Gordo K AY, pura of grok X= py Pra of eel (mauenneraine ) Toe faders f prodn SE ‘ ore Cpa of K RL) nis wpiol intensive compaud to Y, >t X is a dty gerd 3 els a dlean “good (Me petlafion Cauratol “y [ pre”) Ne pellaton 8 cauard clu fon Gifs Ppa I OR Lever we wort fo impose _ CRS . YoU (Ky, by) Thee oe Ny (Yee in He ON Aub nn tae mnt pradee fo Ce Be) pA” aripaivess Bow (kur) eyAs ee pat happen ‘ ces pa ae ke, lx perks) Bee bie) = us)” 5 ° 3-0 € (fbx) [sgt 2 q-od"™ ¢'(8) <0 coe CI x= Q- 8)F 2 4F ( fraction Hr wor =\ JTom Ob |g 22 x 7 as 2? ¢ (°) & (Kate) 524s) 2: F \ Rt & (OF i nee xe FERS fog X48 fowe fe ven cost fe. duekv : To win Late oh we beled if | af(war) = me ae vl11 CCR wie) = Mtatmba rk €CK1) = et settee OP)» ok) : efrin (og = me : ee a 3 Pe ® aed Cx (te. ewan (¢eF + Ug2 a Sa se fork 2: we gmk we | ‘o 2 Ge & opt a[i- atel* | = wo ee NG ec eee t ey we ood Of + tes px Cee * PK = eke x Ceex- = as a eet Z kor unit lek of. coh 5 Tne came for omy ees Juvot Aeplicalt ¥ Oe org “ AND > . € ye b) e aX -®) oy 7 -\ xe eee (eae, ie Be lr e) Rotde! ae ) 5 eee vie ° a \ 2L) é 04 5 = -e x2 ore ye? roe ay cree T ae th 22\ Sew ete x : Me . isst 8h tee 7" edt eens xX joe aa oe oF = or tenet) qeot x =ex) © xX = gt ee yw Lhe et .¥zhaf a ds 1 - -e (ro) an 7 39 ike ° ued vt oo 2 a <5 24°F mer 2s ec) L wv x* an a une We -_ jp RR i ee 2° wan 0? ue ane * ee ex) aw LFPoP i epee eo WRLC E UNC” : P View p Mos ew a 040%! t \ : a gee Vivt# pf fea o quot lon Sue fear etm nt bad Kyl 4 fy a f up tt ry hy agp ho ow ef L Mn, Goer” » Ker Ry = 6 . gine we oe on ABP pre Lyaty * L © Aehulkuls) MKC | | ) kei), an Page owns CEB) Ve = yr dypical condition hy — an “ ae Bu fer cost naivinmryooN *—_— aghx K a —_ fe L ae setg RS vou for peer eo ce . eq Rl F wbark = C(Fwy) sep (1) eLArk « Ke = £(hur) = — =a (x) F —— ele) - 1. 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