1. STUDENTS WILL BE ABLE TO IDENTIFY AND DEFINE THE 2 MAIN PARTS OF THE AMERICAN FREE MARKET SYSTEM
|
|
|
- Angelica Brooks
- 5 years ago
- Views:
Transcription
1 LIGHTHOUSE CPA SOCIAL SCIENCES DEPARTMENT ECONOMICS STUDY GUIDE # 4 - AMERICAN CAPITALISM CHAPTER LEARNING OBJECTIVES STUDENTS WILL BE ABLE TO IDENTIFY AND DEFINE THE 2 MAIN PARTS OF THE AMERICAN FREE MARKET SYSTEM STUDENTS WILL BE ABLE TO IDENTIFY LAWS THAT PROTECT OUR ECONOMIC FREEDOMS STUDENTS WILL BE ABLE TO EXPLAIN WHY POLICY MAKING IS SO IMPORTANT TO THE EXECUTIVE BRANCH OF GOVERNMENT IN ECONOMIC TERMS, STUDENTS WILL BE ABLE TO EXPLAIN A SAFETY NET AND THEIR PURPOSE 5. STUDENTS WILL BE ABLE TO IDENTIFY A PUBLIC GOOD AND THE NEED FOR THEM 6. STUDENTS WILL BE ABLE TO IDENTIFY THE 4 CHARACTERISTICS OF PUBLIC GOODS 7. STUDENTS WILL BE ABLE TO DEFINE AND PROVIDE EXAMPLES OF FREE RIDERS 8. STUDENTS WILL BE ABLE TO DEFINE AND PROVIDE EXAMPLES OF EXTERNALITIES 9. THE STUDENTS WILL BE ABLE TO IDENTIFY AND EXPLAIN WHY THE FREE MARKET MAY NEED ASSISTANCE AT TIMES 10. STUDENTS WILL BE ABLE TO EXPLAIN THE 4 WAYS GOVERNMENT PROMOTES GROWTH AND STABILITY THE GOVERNMENT PROTECTS OUR ECONOMIC FREEDOMS THROUGH THE RULE OF LAW IN 3 WAYS :
2 WHAT IS THE DIFFERENCE BETWEEN LAWS AND POLICIES? LAWS - PUBLIC INTEREST - WHAT ARE EXAMPLES OF LAWS DESIGNED TO PROTECT OUR ECONOMIC FREEDOMS? 1 5. POLICY - CONSIDERATIONS REGARDING POLICES > EVERY POLICY HAS 2 ASPECTS TO IT : ENDS - MEANS - WHAT ARE THE 4 QUESTIONS THAT NEED TO BE ASKED ABOUT POLICIES?
3 WHAT ARE 2 ADDITIONAL EXAMPLES OF POLICIES? WHY IS POLICY MAKING SO IMPORTANT TO THE EXECUTIVE BRANCH OF THE GOVERNMENT? WHAT IS THE ROLE OF ECONOMIC THEORIES IN THE DEVELOPMENT OF LAWS AND POLICIES? TWO POINTS : AS A CITIZEN, TO HOLD YOUR PEERS AND GOVERNMENT ACCOUNTABLE FOR THE RIGHT LAWS AND POLICIES YOU MUST UNDERSTAND TWO IMPORTANT POINTS ABOUT THE TYPES OF THEORIES / STATEMENTS THAT WILL BE USED AND WHAT YOU MUST DO WITH THEM : POSITIVE STATEMENT - NORMATIVE STATEMENT - IT IS IMPOSSIBLE TO BREAK UP ATOMS SCIENTISTS OUGHT NOT TO BREAK UP ATOMS ITS TRUE IN THEORY, BUT NOT IN PRACTICE ALL RIGHT THEN, TELL ME ABOUT WHAT DOES HAPPEN IN PRACTICE
4 A REAL EXAMPLE : IT IS MY JUDGMENT THAT WE OUGHT TO HAVE RENT CONTROLS BECAUSE CONTROLS ARE GOOD THE POSITIVE APPROACH SIMPLY ASKS, OK, WHY WHEN IT MAKE SENSE TO DEVIATE FROM PURE CAPITALISM : WHEN DOES IT MAKE SENSE FOR OUR GOVERNMENT TO BE INVOLVED BEYOND ENFORCING THE RULE OF LAW? THERE IS ONLY 1 RATIONAL REASON FOR THIS : WHAT ARE SOME EXAMPLES OF NEEDS THAT CAN NOT BE MET BY THE FREE MARKET AND THAT THE GOVERNMENT HELPS WITH? 5. WHAT GOVERNMENT INVOLVEMENT SHOULD DEPEND ON : EQUITABLE - GOVERNMENT INVOLVEMENT TAKES MANY FORMS > HERE ARE SIX : PUBLIC GOODS - WHAT ARE THE 4 CHARACTERISTICS OF PUBLIC GOODS?
5 REGULATION - SAFETY NETS / WELFARE PROGRAMS - WELFARE PROGRAMS REDISTRIBUTE INCOME AND WILL ALWAYS CAUSE PASSIONATE DEBATES OVER WHAT? 5 EXAMPLES OF SAFETY NET / WELFARE PROGRAMS : 5. EARMARKS - THREE PROBLEMS CAUSED BY EARMARKS : 5. 6.
6 DUE TO GOVERNMENT INVOLVEMENT IN OUR ECONOMY, OUR VERSION OF THE FREE MARKET IS MADE UP OF 2 PARTS : PRIVATE SECTOR - PUBLIC SECTOR - MANAGING THE SIDE EFFECTS OF CAPITALISM AND GOVERNMENT INTERVENTION : WHAT ARE EXTERNALITIES? GOVERNMENT INVOLVEMENT IN THE ECONOMY WILL ALWAYS RESULT IN CREATING EXTERNALITIES : WHAT IS THE CHALLENGE? > NEGATIVE EXTERNALITY EXAMPLES : THE TWO OPTIONS FOR SOLVING EXTERNALITIES :
7 GOVERNMENTS HANDLE EXTERNALITIES THROUGH REGULATION > LAWS DESIGNED TO FORCE ELIMINATION OF THE SIDE EFFECTS : THE PRIVATE MARKET TRIES TO SOLVE PROBLEMS CAUSED BY EXTERNALITIES THROUGH NEGOTIATION : COASE THEOREM - POTENTIAL PROBLEM WITH USE OF THE COASE THEOREM IS IF THERE IS A BATNA - PUBLIC GOODS CAN CAUSE THE TRAGEDY OF THE COMMONS - THE HIGHWAY EXAMPLE : THE PURPOSE > THE TRAGEDY IS THE NEGATIVE EXTERNALITY CREATED AS A RESULT OF OVER USE > HOW DO YOU SOLVE THIS? WHAT ARE THE OPTIONS?: BUILD ADDITIONAL ROADS?
8 TOLL ROADS? REGULATION - CAR POOL LANES? THE BEST CHOICES ARE THROUGH PRIVATE NEGOTIATION = THE TOLL ROAD AND / OR REGULATION, AND SOMETIMES POSITIVE EXTERNALITIES ARE CREATED IN THE FORM OF A FREE RIDER - IN WHAT 4 WAYS SHOULD THE GOVERNMENT PROMOTE GROWTH AND STABILITY? A UTOPIA WITHOUT BUSINESS FREEDOM WILL HAVE NO WEALTH TO REDISTRIBUTE ~ C. SCHRAMM Economics is a science of recognizing primary and secondary consequences of decisions. It is the science of tracing the effects of some proposed or existing policy / decision, not only on some special interest in the short run, but also on the general interest in the long run. In seeing economics as a science of tracing consequences, we must also be aware that, like logic and mathematics, it is a science of recognizing inevitable implications. The answer already lies in the statement of the problem. ~ H. Hazlet
Introduction to Economics
Introduction to Economics ECONOMICS Chapter 7 Markets and Government contents 7.1 7.2 7.3 7.4 7.5 7.6 Roles Markets Play Efficient Allocation of Resources Roles Government Plays Public Goods Problems of
Political Science 200A Week 8. Social Dilemmas
Political Science 200A Week 8 Social Dilemmas Nicholas [Marquis] de Condorcet (1743 94) Contributions to calculus Political philosophy Essay on the Application of Analysis to the Probability of Majority
Planning versus Free Choice in Scientific Research
Planning versus Free Choice in Scientific Research Martin J. Beckmann a a Brown University and T U München Abstract The potential benefits of centrally planning the topics of scientific research and who
5. Markets and the Environment
5. Markets and the Environment 5.1 The First Welfare Theorem Central question of interest: can an unregulated market be relied upon to allocate natural capital efficiently? The first welfare theorem: in
A Comparison of Two Different Theoretical Approaches to Commons
West Virginia University From the SelectedWorks of Roger A. Lohmann Summer July 15, 2016 A Comparison of Two Different Theoretical Approaches to Commons Roger A. Lohmann This work is licensed under a Creative
Law and Economics Session 6
Law and Economics Session 6 Bargaining and the Coase Theorem Elliott Ash Columbia University June 4, 2014 Bargaining Theory Theory about how individuals bargain. Any reasonable theory of bargaining predicts
LIGHTHOUSE CPA SOCIAL SCIENCES DEPARTMENT GOVERNMENT STUDY GUIDE # 1 - THE BODY POLITIC AND POLITICAL LIFE CHAPTER LEARNING OBJECTIVES:
LIGHTHOUSE CPA SOCIAL SCIENCES DEPARTMENT GOVERNMENT STUDY GUIDE # 1 - THE BODY POLITIC AND POLITICAL LIFE CHAPTER LEARNING OBJECTIVES: Define civic, political, and private life and the activities of individuals
University of Georgia Department of Public Administration and Policy DPAP 8670: Public Policy Analysis I Fall 2017 COURSE SYLLABUS
University of Georgia Department of Public Administration and Policy DPAP 8670: Public Policy Analysis I Fall 2017 COURSE SYLLABUS Professor: David Bradford Office: 201C Baldwin Hall E-mail: bradfowd@uga.edu
Free Trade and the Polanyi Critique. Fall 2014
Free Trade and the Polanyi Critique Fall 2014 Takeaways The Coase Theorem is a way to solve collective action problems in a way that avoids state intervention Free Trade is economic liberalism on a global
2. Scope and Importance of Economics. 2.0 Introduction: Teaching of Economics
1 2. Scope and Importance of Economics 2.0 Introduction: Scope mean the area or field with in which a subject works, or boundaries and limits. In the present era of LPG, when world is considered as village
Figure 1. Payoff Matrix of Typical Prisoner s Dilemma This matrix represents the choices presented to the prisoners and the outcomes that come as the
Proposal and Verification of Method to Prioritize the Sites for Traffic Safety Prevention Measure Based on Fatal Accident Risk Sungwon LEE a a,b Chief Research Director, The Korea Transport Institute,
Introduction. Public Goods and Common Resources. In this chapter, look for the answers to these questions:
11 Public Goods and Common Resources P R I N C I P L E S O F MICROECONOMICS FOURTH EDITION N. GREGORY MANKIW Premium PowerPoint Slides by Ron Cronovich 2008 update 2008 South-Western, a part of Cengage
Is government action the best solution to cooperation in large groups?
Is government action the best solution to cooperation in large groups? A. Yes, generally B. No, generally C. It depends Think about why or why not. What does it depend on? Why did you vote the way you
Economics. Public Goods and Common Resources. Introduction. In this chapter, look for the answers to these questions: N.
C H A P T E R 11 Public Goods and Common Resources P R I N C I P L E S O F Economics N. Gregory Mankiw Premium PowerPoint Slides by Ron Cronovich 2009 South-Western, a part of Cengage Learning, all rights
Notes on Charles Lindblom s The Market System
Notes on Charles Lindblom s The Market System Yale University Press, 2001. by Christopher Pokarier for the course Enterprise + Governance @ Waseda University. Events of the last three decades make conceptualising
Global Common Resources How to Manage Shared Properties
Global Common Resources How to Manage Shared Properties Jesper Larsson Agrarian history, Department of Urban and Rural Development, SLU The Global Economy Environment, Development and Globalization CEMUS
Section Voting Methods. Copyright 2013, 2010, 2007, Pearson, Education, Inc.
Section 15.1 Voting Methods INB Table of Contents Date Topic Page # February 24, 2014 Test #3 Practice Test 38 February 24, 2014 Test #3 Practice Test Workspace 39 March 10, 2014 Test #3 40 March 10, 2014
Analysis group. Joel Feinstein. School of Mathematical Sciences University of Nottingham
Analysis group Joel Feinstein School of Mathematical Sciences University of Nottingham 2006-2007 Joel Feinstein (University of Nottingham) Analysis group 2006-2007 1 / 8 Permanent staff in analysis Professor
n The consensus of late 19 th century political thought was that a monarchy was needed to restrain the destructive tendency of faction.
Federalist 10 n Madison wrote Federalist 10 to counter the argument that democracies inevitably dissolve into turmoil and disorder caused by factions which ignore the national interest in favor of their
Public Goods and Private Preferences: Are They Reconcilable?
Public Goods and Private Preferences: Are They Reconcilable? Jan Krepelka March 2007 University of Geneva, Switzerland Mémoire de licence ès sciences économiques. Directeur de mémoire : Victoria Curzon
Chapter 12: Exploring Economic Equality. Understandings of Economic Equality
Chapter 12: Exploring Economic Equality Understandings of Economic Equality * understandings of economic equality vary and can include the following: Egalitarianism - people should own the means of production
Ethical Basis of Welfare Economics. Ethics typically deals with questions of how should we act?
Ethical Basis of Welfare Economics Ethics typically deals with questions of how should we act? As long as choices are personal, does not involve public policy in any obvious way Many ethical questions
WISCONSIN S WATER WOES: APPLYING THE COASE THEOREM
Center for Business & Economic Analysis Whitepaper Series: Fall 2015 WISCONSIN S WATER WOES: APPLYING THE COASE THEOREM By Tyler Platz, CBEA Research Analyst A recent article in the Green Bay Press Gazette,
Economic philosophy of Amartya Sen Social choice as public reasoning and the capability approach. Reiko Gotoh
Welfare theory, public action and ethical values: Re-evaluating the history of welfare economics in the twentieth century Backhouse/Baujard/Nishizawa Eds. Economic philosophy of Amartya Sen Social choice
Final Exam. Thursday, December hour, 30 minutes
San Francisco State University Michael Bar ECON 605 Fall 007 Final Exam Thursday, December 0 hour, 30 minutes Name: Instructions 1. This is closed book, closed notes exam.. No calculators of any kind are
Chapter Seven: Interest Groups
Chapter Seven: Interest Groups Learning Outcomes 1. Describe the basic characteristics of interest groups and how they are sometimes related to social movements. 2. Provide three major reasons why Americans
Direct Democracy, Unanimity Rules
WEEK 2 POLITIL EONOMY McGraw-Hill/Irwin opyright 2008 by The McGraw-Hill ompanies, Inc. ll rights reserved. Direct Democracy, Unanimity Rules If free rider problem exists, public goods are underprovided.
Chapter 1 Practice Test Questions
0728 Finite Math Chapter 1 Practice Test Questions VOCABULARY. On the exam, be prepared to match the correct definition to the following terms: 1) Voting Elements: Single-choice ballot, preference ballot,
Chapter 3:4: Safety Nets
Chapter 3:4: Safety Nets OBJECTIVES Students will learn the government role in addressing issues of those who are in poverty. Students will analyze possible solutions in addressing poverty both through
Conflict Resolution in Water Resources Management:
Conflict Resolution in Water Resources Management: Ronald Coase meets Vilfredo Pareto Peter Rogers Water as a Source for Conflict and Cooperation: Exploring the Potential Tufts University, 26-27 February
Institutions, Institutional Change and Economic Performance by Douglass C. North Cambridge University Press, 1990
Robert Donnelly IS 816 Review Essay Week 6 6 February 2005 Institutions, Institutional Change and Economic Performance by Douglass C. North Cambridge University Press, 1990 1. Summary of the major arguments
Starting and Operating a Local Chamber
Starting and Operating a Local Chamber Beginning The First Meeting The Second Meeting Success Of A Board Or Chamber Meetings Budgets Dues & Supplementary Income Expenditures In The Beginning.. The creation
Ronald H. Coase The Problem of Social Cost Perspectives, p. 200
Ronald H. Coase The Problem of Social Cost Perspectives, p. 200 The problem is reciprocal in nature. Asking the wrong question. What question should we ask instead? Implications for decision-makers? Coase
Democracy or Dictatorship: Does It Make a Difference?
Democracy or Dictatorship: Does It Make a Difference? Does regime type make a difference to material well-being? Do democracies produce higher economic growth? Do democracies produce higher economic growth?
Part IIB Paper Outlines
Part IIB Paper Outlines Paper content Part IIB Paper 5 Political Economics Paper Co-ordinator: Dr TS Aidt tsa23@cam.ac.uk Political economics examines how societies, composed of individuals with conflicting
Understanding. Federalist 10. Learning Objectives
Understanding Federalist 10 1 Learning Objectives Identify the significance of the Federalist Papers to an understanding of the American Constitution. Describe the causes and consequences of faction. Explain
On the Irrelevance of Formal General Equilibrium Analysis
Eastern Economic Journal 2018, 44, (491 495) Ó 2018 EEA 0094-5056/18 www.palgrave.com/journals COLANDER'S ECONOMICS WITH ATTITUDE On the Irrelevance of Formal General Equilibrium Analysis Middlebury College,
THE URBAN AREAS (EQUITABLE DEVELOPMENT AND REGULATION) BILL, 2017
AS INTRODUCED IN THE RAJYA SABHA ON THE 29TH DECEMBER, 2017 Bill No. XXXIII of 2017 5 10 THE URBAN AREAS (EQUITABLE DEVELOPMENT AND REGULATION) BILL, 2017 A BILL to establish an Urban Areas Equitable Development
PACE Queens City Council Candidate Questionnaire 2013
PACE Queens City Council Candidate Questionnaire 2013 Candidate s name: Paul D. Graziano Campaign Address: 146-24 32nd Avenue City: Flushing State: NY Zip: 11354 Campaign Phone: 718-358-2535 Campaign Website:
FAIRNESS VERSUS WELFARE. Louis Kaplow & Steven Shavell. Thesis: Policy Analysis Should Be Based Exclusively on Welfare Economics
FAIRNESS VERSUS WELFARE Louis Kaplow & Steven Shavell Thesis: Policy Analysis Should Be Based Exclusively on Welfare Economics Plan of Book! Define/contrast welfare economics & fairness! Support thesis
POLICYMAKING AND THE CHALLENGE OF DEMOCRACY
CHAPTER 17 Policymaking LEARNING OBJECTIVES After reading this chapter you should be able to Define the key terms at the end of the chapter. Describe the three main types of public policies. Describe the
Institutional Economics The Economics of Ecological Economics!
Ecology, Economy and Society the INSEE Journal 1 (1): 5 9, April 2018 COMMENTARY Institutional Economics The Economics of Ecological Economics! Arild Vatn On its homepage, The International Society for
CHAPTER ONE. Policy Analysis and Resource Allocation INTRODUCTION TO MICROECONOMIC POLICY ANALYSIS
CHAPTER ONE INTRODUCTION TO MICROECONOMIC POLICY ANALYSIS Policy Analysis and Resource Allocation Policy analysis involves the application of social science to matters of public policy. The specific tasks
We the People: The Citizen and the Constitution
We the People: The Citizen and the Constitution CORRELATION GUIDE for Maine s Social Studies Framework and Standards Published by the Center for Civic Education and funded by the U.S. Department of Education
AUTO-ORGANIZZAZIONE E GESTIONE DEI BENI PUBBLICI
Dipartimento di Scienze Politiche Cattedra di Sociologia Economica AUTO-ORGANIZZAZIONE E GESTIONE DEI BENI PUBBLICI RELATORE: Simona Fallocco CANDIDATO: Martina De Matteis Matr. 068372 1 ANNO ACCADEMICO
Small Arms Trade. Topic Background
Small Arms Trade Topic Background On 24-25 April 2014, the President of the General Assembly hosted a thematic debate on Ensuring Stable and Peaceful Societies. At the event, the United Nations recognized
An Equity Assessment of the. St. Louis Region
An Equity Assessment of the A Snapshot of the Greater St. Louis 15 counties 2.8 million population 19th largest metropolitan region 1.1 million households 1.4 million workforce $132.07 billion economy
Mechanism design: how to implement social goals
Mechanism Design Mechanism design: how to implement social goals From article by Eric S. Maskin Theory of mechanism design can be thought of as engineering side of economic theory Most theoretical work
Section Voting Methods. Copyright 2013, 2010, 2007, Pearson, Education, Inc.
Section 15.1 Voting Methods What You Will Learn Plurality Method Borda Count Method Plurality with Elimination Pairwise Comparison Method Tie Breaking 15.1-2 Example 2: Voting for the Honor Society President
History of Social Choice and Welfare Economics
What is Social Choice Theory? History of Social Choice and Welfare Economics SCT concerned with evaluation of alternative methods of collective decision making and logical foundations of welfare economics
1 The Drama of the Commons
1 The Drama of the Commons Thomas Dietz, Nives Dolšak, Elinor Ostrom, and Paul C. Stern Pages contained here from the original document pag 3-36 The tragedy of the commons is a central concept in human
Part 1 True or False, and explain. You will earn 3 points for correctly identifying true or false, and 7 points for the explanation.
1 Part 1 True or False, and explain. You will earn 3 points for correctly identifying true or false, and 7 points for the explanation. 1. Suppose citizens willingness to pay to vote (including opportunity
John Stuart Mill ( )
John Stuart Mill (1806-1873) Principles of Political Economy, 1848 Contributed to economics, logic, political science, philosophy of science, ethics and political philosophy. A scientist, but also a social
Chapter 15 Section 4 - Slide 1
AND Chapter 15 Section 4 - Slide 1 Chapter 15 Voting and Apportionment Chapter 15 Section 4 - Slide 2 WHAT YOU WILL LEARN Flaws of apportionment methods Chapter 15 Section 4 - Slide 3 Section 4 Flaws of
1100 Ethics July 2016
1100 Ethics July 2016 perhaps, those recommended by Brock. His insight that this creates an irresolvable moral tragedy, given current global economic circumstances, is apt. Blake does not ask, however,
Political Science 10: Introduction to American Politics Week 10
Political Science 10: Introduction to American Politics Week 10 Taylor Carlson tfeenstr@ucsd.edu March 17, 2017 Carlson POLI 10-Week 10 March 17, 2017 1 / 22 Plan for the Day Go over learning outcomes
SOME PROBLEMS IN THE USE OF LANGUAGE IN ECONOMICS Warren J. Samuels
SOME PROBLEMS IN THE USE OF LANGUAGE IN ECONOMICS Warren J. Samuels The most difficult problem confronting economists is to get a handle on the economy, to know what the economy is all about. This is,
Game Theory for Political Scientists. James D. Morrow
Game Theory for Political Scientists James D. Morrow Princeton University Press Princeton, New Jersey CONTENTS List of Figures and Tables Preface and Acknowledgments xiii xix Chapter 1: Overview What Is
The Limits of the Market: The Pendulum between Government and Market Paul De Grauwe New York: Oxford University Press, 2017, 165 pp.
Churchillian. Those with a propensity to write We live in an Orwellian dystopia would not be able to do so in truly totalitarian states. While government surveillance is a serious concern, we re not anywhere
On Property Rights, Transaction Costs, and Economic Institutions
On Property Rights, Transaction Costs, and Economic Institutions BY CARL J DAHLMAN* 1. Introduction What I aim to do in this paper is to make some rather simple observations on the efficiency of economic
Princeton University Spring 2012 T. Romer. Politics 584/Economics 576 Foundations of Political Economy. Reading List
Princeton University Spring 2012 T. Romer The main readings are indicated by *. Politics 584/Economics 576 Foundations of Political Economy Reading List References denoted by PT are to Political Economics
A NOTE ON THE THEORY OF SOCIAL CHOICE
A NOTE ON THE THEORY OF SOCIAL CHOICE Professor Arrow brings to his treatment of the theory of social welfare (I) a fine unity of mathematical rigour and insight into fundamental issues of social philosophy.
Solving the "Tragedy of the Commons": An Alternative to Privatization*
Solving the "Tragedy of the Commons": An Alternative to Privatization* Irwin F. Lipnowski Department of Economics University of Manitoba September, 1991 For presentation at the Second Annual Meeting of
December 3, IRS Notice of Proposed Rulemaking on Political Activities of 501(c)(4) Social Welfare Organizations and Potentially Other Groups
LAW OFFICES TRISTER, ROSS, SCHADLER & GOLD, PLLC 1666 CONNECTICUT AVENUE, N.W. MICHAEL B. TRISTER WASHINGTON, D.C. 20009 KAREN A. POST GAIL E. ROSS PHONE:(202) 328-1666 Senior Counsel B. HOLLY SCHADLER
Econ 551 Government Finance: Revenues Fall 2018
Econ 551 Government Finance: Revenues Fall 2018 Given by Kevin Milligan Vancouver School of Economics University of British Columbia Lecture 2a: Redistribution and Social Choice ECON 551: Lecture 2a 1
Strategic Reasoning in Interdependence: Logical and Game-theoretical Investigations Extended Abstract
Strategic Reasoning in Interdependence: Logical and Game-theoretical Investigations Extended Abstract Paolo Turrini Game theory is the branch of economics that studies interactive decision making, i.e.
Prior to 1940, the Austrian School was known primarily for its contributions
holcombe.qxd 11/2/2001 10:59 AM Page 27 THE TWO CONTRIBUTIONS OF GARRISON S TIME AND MONEY RANDALL G. HOLCOMBE Prior to 1940, the Austrian School was known primarily for its contributions to monetary theory
INTERNATIONAL ECONOMICS, FINANCE AND TRADE Vol. II - Property Rights and the Environment - Lata Gangadharan, Pushkar Maitra
PROPERTY RIGHTS AND THE ENVIRONMENT Lata Gangadharan Department of Economics, University of Melbourne, Australia Department of Economics, Monash University, Clayton, Victoria, Australia Keywords: Global
SOME NOTES ON THE CONCEPT OF PLANNING
SOME NOTES ON THE CONCEPT OF PLANNING AZIZ ALI F. MOHAMMED Research Officer, State Bank of Pakistan In this paper an attempt has been made (a) to enumerate a few of the different impressions which appear
POLI 359 Public Policy Making
POLI 359 Public Policy Making Session 1-Introduction to Public Policy Making Lecturer: Dr. Kuyini Abdulai Mohammed, Dept. of Political Science Contact Information: akmohammed@ug.edu.gh College of Education
Lecture 3 Limitations of the methodology of neoclassical economics
Lecture 3 Limitations of the methodology of neoclassical economics Every microeconomics text-books starts of with a chapter on the methodology of the economics being taught. There is usually a differentiation
The Federalist Papers Summary and Analysis
The Federalist Papers Summary and Analysis Summary Madison begins perhaps the most famous of the Federalist papers by stating that one of the strongest arguments in favor of the Constitution is the fact
Regulatory Governance of Network Industries: Experience and Prospects
Regulatory Governance of Network Industries: Experience and Prospects Jean-Michel GLACHANT European University Institute (with Eshien Chong from U. of Paris Sud) The network industry experience: Competition,
GRADE 5 - AMERICAN HISTORY (PREHISTORY ) OVERVIEW
GRADE 5 - AMERICAN HISTORY (PREHISTORY - 1820) OVERVIEW The fifth grade curriculum takes a rigorous look at American history. This curriculum begins with the pre-historic arrival of hunter-gatherer societies
Economic Assistance to Russia: Ineffectual, Politicized, and Corrupt?
Economic Assistance to Russia: Ineffectual, Politicized, and Corrupt? Yoshiko April 2000 PONARS Policy Memo 136 Harvard University While it is easy to critique reform programs after the fact--and therefore
Behind a thin veil of ignorance and beyond the original position: a social experiment for distributive policy preferences of young people in Greece.
Behind a thin veil of ignorance and beyond the original position: a social experiment for distributive policy preferences of young people in Greece. Nikos Koutsiaras* & Yannis Tsirbas** * National and
An Entropy-Based Inequality Risk Metric to Measure Economic Globalization
Available online at www.sciencedirect.com Procedia Environmental Sciences 3 (2011) 38 43 1 st Conference on Spatial Statistics 2011 An Entropy-Based Inequality Risk Metric to Measure Economic Globalization
NEW BOARD MEMBER ORIENTATION GUIDE
NEW BOARD MEMBER ORIENTATION GUIDE A guide to assist newly elected members to the IFTA, Inc. Board of Trustees. TABLE OF CONTENTS Chapter 1... 2 The History of the International Fuel Tax Agreement... 2
Essential Questions Content Skills Assessments Standards/PIs. Identify prime and composite numbers, GCF, and prime factorization.
Map: MVMS Math 7 Type: Consensus Grade Level: 7 School Year: 2007-2008 Author: Paula Barnes District/Building: Minisink Valley CSD/Middle School Created: 10/19/2007 Last Updated: 11/06/2007 How does the
UNIVERSITY OF CALIFORNIA, SAN DIEGO DEPARTMENT OF ECONOMICS
2000-03 UNIVERSITY OF CALIFORNIA, SAN DIEGO DEPARTMENT OF ECONOMICS JOHN NASH AND THE ANALYSIS OF STRATEGIC BEHAVIOR BY VINCENT P. CRAWFORD DISCUSSION PAPER 2000-03 JANUARY 2000 John Nash and the Analysis
V. Immigration Reform Options and Recommendations
V. Immigration Reform Options and Recommendations In order to play our part in the creation of a new League position on the issue of Immigration, we need to identify the ways in which the present system
Natural Resource Regimes: A Behavioral Institutions Approach
Natural Resource Regimes: A Behavioral Institutions Approach Overview of Regimes Historically specific configuration of policies and institutions that structures the relationships among social interests,
VOTING SYSTEMS AND ARROW S THEOREM
VOTING SYSTEMS AND ARROW S THEOREM AKHIL MATHEW Abstract. The following is a brief discussion of Arrow s theorem in economics. I wrote it for an economics class in high school. 1. Background Arrow s theorem
Adam Smith and Government Intervention in the Economy Sima Siami-Namini Graduate Research Assistant and Ph.D. Student Texas Tech University
Review of the Wealth of Nations Adam Smith and Government Intervention in the Economy Sima Siami-Namini Graduate Research Assistant and Ph.D. Student Texas Tech University May 14, 2015 Abstract The main
Any non-welfarist method of policy assessment violates the Pareto principle: A comment
Any non-welfarist method of policy assessment violates the Pareto principle: A comment Marc Fleurbaey, Bertil Tungodden September 2001 1 Introduction Suppose it is admitted that when all individuals prefer
Robert Nozick Equality, Envy, Exploitation, etc. (Chap 8 of Anarchy, State and Utopia 1974)
Robert Nozick Equality, Envy, Exploitation, etc. (Chap 8 of Anarchy, State and Utopia 1974) General Question How large should government be? Anarchist: No government: Individual rights are supreme government
Game Theory and Climate Change. David Mond Mathematics Institute University of Warwick
Game Theory and Climate Change David Mond Mathematics Institute University of Warwick Mathematical Challenges of Climate Change Climate modelling involves mathematical challenges of unprecedented complexity.
Graduate Course Descriptions
Spring Semester 2016 Political Science Graduate Course Descriptions Visit our website at www.umsl.edu/~polisci PS 6401-G01 Introduction To Policy Research Adriano Udani Class time: Mo and We from 5:30pm
The Cultural Origin of Saving Behaviour. Joan Costa Font, LSE Paola Giuliano, UCLA Berkay Ozcan*, LSE
The Cultural Origin of Saving Behaviour Joan Costa Font, LSE Paola Giuliano, UCLA Berkay Ozcan*, LSE Household Saving Rates Source: OECD National Accounts Statistics: National Accounts at a Glance Background
involving 58,000 foreig n students in the U.S. and 11,000 American students $1.0 billion. Third, the role of foreigners in the American economics
THE INTERNATIONAL FLOW OF HUMAN CAPITAL* By HERBERT B. GRUBEL, University of Chicago and ANTHONY D. SCOTT, University of British Columbia I We have been drawn to the subject of this paper by recent strong
MYTHS AND FACTS, THE ENTREPRENEURIAL STATE
1 PRESS RELEASE MYTHS AND FACTS, THE ENTREPRENEURIAL STATE Do States have an essential role in the processes of innovation and entrepreneurship as Italian economist Marianna Mazzucato suggests? Should
NASH EQUILIBRIUM AS A MEAN FOR DETERMINATION OF RULES OF LAW (FOR SOVEREIGN ACTORS) Taron Simonyan 1
NASH EQUILIBRIUM AS A MEAN FOR DETERMINATION OF RULES OF LAW (FOR SOVEREIGN ACTORS) Taron Simonyan 1 Social behavior and relations, as well as relations of states in international area, are regulated by
ENCLOSURE NOVEMBER 2009 QUARTERLY STIP REVISION COMMENTS
ENCLOSURE NOVEMBER 2009 QUARTERLY STIP REVISION COMMENTS Beaumont MPO/District: 1. CSJ 0200-10-067 (MPO ID 02028-F15) does not involve Recovery Act funds and shows widening of a highway to four lanes with
19 ECONOMIC INEQUALITY. Chapt er. Key Concepts. Economic Inequality in the United States
Chapt er 19 ECONOMIC INEQUALITY Key Concepts Economic Inequality in the United States Money income equals market income plus cash payments to households by the government. Market income equals wages, interest,
Government and Economy
Government and Economy The Big Idea The world s countries have different governments and levels of economic development. Main Ideas The governments of the world include democracy, monarchy, dictatorship,
IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA SECOND APPELLATE DISTRICT DIVISION FIVE
Filed 10/14/15 C E R T I F I E D F O R PA R T I A L PUB L I C A T I O N * IN THE COURT OF APPEAL OF THE STATE OF CALIFORNIA SECOND APPELLATE DISTRICT DIVISION FIVE MAHTA SHARIF, Plaintiff and Appellant,
James M. Buchanan The Limits of Market Efficiency
RMM Vol. 2, 2011, 1 7 http://www.rmm-journal.de/ James M. Buchanan The Limits of Market Efficiency Abstract: The framework rules within which either market or political activity takes place must be classified
Introduction to Game Theory
Introduction to Game Theory ICPSR First Session, 2014 Scott Ainsworth, Instructor sainswor@uga.edu David Hughes, Assistant dhughes1@uga.edu Bryan Daves, Assistant brdaves@verizon.net Course Purpose and
Available through a partnership with
The African e-journals Project has digitized full text of articles of eleven social science and humanities journals. This item is from the digital archive maintained by Michigan State University Library.
Chapter 7 Congress at Work
Section 7.1 How a Bill Becomes a Law Introduction During each 2-year term of Congress, thousands of bills are introduced often numbering more than 10,000. Of the thousands of bills introduced in each session,