Question
Discuss reforms proposed on program unemployment Insurance, focusing on fairness and sharing issuesues. a- Is it a resource allocation problem with claims? A collective decision
Discuss reforms proposed on program unemployment Insurance, focusing on fairness and sharing issuesues.
a- Is it a resource allocation problem with claims? A collective decision that can be Modelled with a social welfare ordering? With cardinal or ordinal preferences? A voting model?
What are the implications of the appropriate main concepts related to the problem (4 versions of fairness, proportional ,uniform gains or uniform losses. utilitarian ,leximin,Nash, Bordaor Condorcet,etc.)
b- which ones seem more important? how about mergers or split of claims? is true utility tough to measure?) What does that tell us about the choice of a mechanism?
c- how the problem is resolved in reality (how are the shares,choice and voting Determined) and contrast that with what you believe should be the solution.
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