Lehrende:
Prof. Dr. Anke Gerber
Veranstaltungsart:
Interaktive Lehrveranstaltung
Anzeige im Stundenplan:
PEP3
Unterrichtssprache:
Englisch
Min. | Max. Teilnehmerzahl:
- | 45
Weitere Informationen:
First registration period for courses of the first semester: Mon, 7 Oct 2019, 9:00 am to Sun, 13 Oct 2019, 11:59 pm
Kommentare/ Inhalte:
The theory of social choice and welfare deals with collective decision making and the foundations of welfare economics. The course centers on the question of how a group of individuals, e.g. society, should aggregate individual preferences in order to take decisions. We will analyze the fundamental conflict between different normative criteria which leads to famous impossibility results. Further topics include the strategic manipulation of collective choice rules and distributive justice.
Lernziel:
Students
- know different normative criteria for collective decision making
- understand the conceptual problems in the analysis of distributional justice and welfare
- know the formal methods and main results of social choice theory
- can apply the theory to practical decision problems
Vorgehen:
Outline of the course
1. Introduction
2. Arrow’s Impossibility Result
3. Escaping Arrow’s Impossibility Result
3.1 Simple Majority Voting
3.2 Scoring Rules
4. The Conflict between Efficiency and Individual Rights
5. Manipulation of Collective Choice Rules
6. Distributive Justice
7. Bargaining Solutions and Social Choice
The course will consist of weekly lectures and bi-weekly interactive sessions, where students present their solutions problem sets. Every student has the opportunity to submit a written solution to a problem set once, or, alternatively, to present his or her solution in the session where the problem set is discussed. The mark for the presentation or written solution can upgrade the mark of the final exam (conditional on pass) by a maximum of 0.7.
Students are required to prepare for class by studying the assigned literature and to perform follow-up course work.
Literatur:
Textbooks
Arrow, K. J. (2nd. ed. 1963) Social Choice and Individual Values, John Wiley & Sons, New York
Gaertner, W. (2009) A Primer in Social Choice Theory, Oxford University Press, New York (Main Textbook)
Gilboa, I. (2010) Rational Choice, MIT Press, Cambridge, Massachusetts
Kelly, S. K. (1988) Social Choice Theory: An Introduction, Springer, Berlin
Sen, A. K. (1970) Collective Choice and Social Welfare, Holden-Day, San Francisco, republished 1979 by North-Holland, Amsterdam
Zusätzliche Hinweise zu Prüfungen:
There will be two exams. Check STiNE for the exact dates of the exams.
