On Hayek's spectrum of economic planning places monopolies somewhere between central planning and capitalism. True or False

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THE PRISONERS' DILEMMA: APPLICATIONS Which of the following phenomena are common mechanisms for sustaining cooperation in prisoners' dilemmas? (Mark all with this property.) Select one or more: ethical codes socialisation of costs delegation of authority underprovision of public goods internalisation of externalities contracts and treaties arms races internalisation of authority overuse of common goods socialisation of public goods

Think about two public goods?public schools and food assistance for needy families. Consider the implications of the Tiebout model. Which of the goods is more efficiently provided locally? Which is more efficiently provided centrally? Explain.