If you are missing any of my suggested solutions to seminar problems, you can pick them up in my office, ES1041.
Here is the link to an exemplary answer of the exam in 2012 with comments from me. It's on pp. 32.
Good luck with the real exam!
I posted my suggested solution to seminar 6.
Unfortunately, I said something wrong in class, regarding problem 2 (c): I said that the tax will not affect the level of y. This is of course not correct. However, an increase in the tax will not change y as much as an increase in the subsidy will, for the same distortion to x. Alternatively: to reach the same level of y as with a subsidy, the tax will induce a larger distortion to the level of x.
If the benefit from learning by doing is high enough relative to the damages from pollution, we want a big increase in y, without decreasing x too much. The subsidy is best for that purpose. The RPS is best for some intermediate range of benefits from learning by doing.
I uploaded an updated version of problem set 6, where a typo in Problem 2 (d) is corrected (the gamma disappeared).
May the 4th be with you.
I have posted a solution proposal to seminar 5. Note that the answer to the stock pollution problem is a bit overly technical. Focus on the intuition and solving for x(t) and q(t) in this problem!
The printer wasn't working properly this morning, so I didn't bring my suggested solution to seminar 3.
If you want a copy, come by my office ES1041 and pick up a copy.
Hi, I have posted the exam problem set for 2014 under the "seminar" headings. Older exams can be found here
(scroll down until you find ECON 4910)
If you are having difficulties downloading the dataset, try using Mozilla Firefox (should be installed on Faculty computers), or simply type "use http://www.uio.no/studier/emner/sv/oekonomi/ECON4910/v15/hedonic_econ4910.dta" in Stata.
It seems that Internet Explorer can't recognize the file format for some reason.
Problem set and datasets are posted.
Welcome to this year's environmental economics class! The teaching plan and slides for the first lecture have been published.