Meeting location information can now be found on student schedules in ESTHER (for students) or on the Course Roster in ESTHER (for faculty and instructors).
Description: DISTRIBUTIVE JUSTICE: A MICROECONOMIC APPROACH
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The course examines efficiency, fairness, and incentive- compatability in problems involving trade and production. Topics include: equality, competative trade; the No Envy test; Stand Alone test; the Shapley value; theories of the social contract such as utilitarianism and egalitarianism; including impossibility results of Arrow and Gibbard- Satterthwaite. Not offered every year.
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Prerequisite(s): ECON 211 and 370 or permission of the instructor.