*O Over consumption.Experience Not generally a problem with input products such as oil.Education Adequate reserve stocks will be kept and market allocations are likely to be just as good as collective public allocations.Experience Resources that are not inputs are more susceptible to over consumption.Experience This is another opportunity for rational public policy.Education Option Demand - nonusers are willing to contribute to maintenance costs because they want the option of future use.Education Existence Value - the good has inherent worth regardless of whether or not an individual is a user.Experience Public policy can deal with specific concerns about the efficiency of capital markets and the adequacy of the market. To handle certain circumstances.
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