Summary
Week 3
Universiteit Utrecht · Economics and Business Economics
Y1 - Microeconomics, Institutions and WelfareInhoud
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- Chapter 4: Social interactions
- 4.1: Social interactions: Game theory To simplify the model, we assume that:
- 4.2: Equilibrium in the invisible hand game
- 4.3: The Prisoner’s Dilemma
- 4.4: Altruism
- 4.5: Altruistic Preferences in the Prisoner’s dilemma
- 4.6: Public goods, free riding and repeated interaction
- 4.7: Public good contributions and peer punishment
- 4.8: Behavioural experiments in the lab and in the field
- 4.9: Cooperation, negotiation, conflicts of interest and social norms
- 4.10: Dividing a pie (or leaving it on the table)
- 4.11: Fair farmers, self-interested students?
- 4.12: Competition in the ultimatum game
- 4.13: Social interactions: Conflicts in the choice among Nash equilibria
- Chapter 5: Property and Power: Mutual Gains and Conflict
- 5.1: Institutions and power
- 5.2: Evaluating institutions and outcomes: The Pareto - criterion
- 5.3: Evaluating institutions and outcomes: Fairness
- 5.4: A Model of choice and Conflict
- 5.5: Technically feasible allocations
- 5.6: Allocations imposed by force
- 5.7: Economically feasible allocations and the surplus
- 5.8: The Pareto efficiency curve and the distribution of the surplus
- 5.9: Politics: Sharing the surplus
- 5.10: Bargaining to a Pareto-efficient sharing of the surplus
- 5.11: Angela and Bruno: The moral of the story
- 5.12: Measuring economic inequality
- 5.13: A policy to redistribute the surplus and raise efficiency
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