Question
John Stuart Mill qualified a “compulsory levy” as the sole reason for private firms to construct this type of location. For 10 points each:
[10h] Name this type of location that titles a 1974 paper by Ronald Coase, in which he summarized Paul Samuelson’s argument that allowing more individuals to use this type of location has “zero extra cost.”
ANSWER: lighthouse [accept “The Lighthouse in Economics”]
[10e] In “The Lighthouse in Economics,” Coase argues that lighthouses are actually not these types of goods, which are non-excludable and non-rivalrous.
ANSWER: public goods
[10m] Coase argues the impact of the British Lighthouse system’s private nature on the thought of Mill, Henry Sidgwick, and this economist who built on Sidgwick’s theory in The Economics of Welfare. This economist names a tax on negative externality-generating market activity.
ANSWER: Arthur Cecil Pigou [accept Pigovian tax or Pigouvian tax]
<GP, Social Science>
Summary
| 2024 ARCADIA at BU | 2024-12-06 | Y | 4 | 17.50 | 75% | 100% | 0% |
| 2024 ARCADIA at Duke | 2024-12-06 | Y | 3 | 16.67 | 100% | 67% | 0% |
| 2024 ARCADIA at Missouri S&T | 2024-12-06 | Y | 2 | 15.00 | 0% | 100% | 50% |
| 2024 ARCADIA Online | 2025-05-17 | Y | 4 | 20.00 | 100% | 100% | 0% |
| 2024 ARCADIA at Penn State | 2024-12-06 | Y | 2 | 15.00 | 100% | 50% | 0% |
| 2024 ARCADIA at Florida Tech | 2024-12-06 | Y | 4 | 5.00 | 25% | 25% | 0% |
| 2024 ARCADIA at UC Berkeley | 2024-12-06 | Y | 2 | 25.00 | 100% | 100% | 50% |
| 2024 ARCADIA at Waterloo | 2024-11-09 | Y | 5 | 14.00 | 60% | 60% | 20% |
| 2024 ARCADIA at GT | 2024-12-06 | Y | 4 | 5.00 | 25% | 25% | 0% |
| 2024 ARCADIA at Illinois | 2024-11-09 | Y | 4 | 17.50 | 75% | 75% | 25% |
| 2024 ARCADIA at Warwick | 2024-12-06 | Y | 5 | 10.00 | 60% | 40% | 0% |
| 2024 ARCADIA at Claremont | 2024-11-02 | Y | 3 | 16.67 | 67% | 67% | 33% |
Data
| Squidward Community College | Missouri | 10 | 0 | 10 | 20 |
| Truman | WashU | 0 | 0 | 10 | 10 |