Modeling Preferences for Equality, High Rank, and Low Risk 2400-ZEWW1028

The topics of (i) inequality, (ii) aspiration for high social rank, and (iii) risk-taking behavior are at the frontiers of research in social sciences in general, and economic sciences in particular. In this course, each of these topics will be explored and modeled by means of a substantial example. (i) We will develop novel insights into how to measure inequality, integrate a measure of inequality in a social welfare function, and transform a measure of inequality into a social welfare function. (ii) We will study location choices where the movement between regions is governed by social preferences rather than by income differentials. (iii) We will study attitudes towards risk taking in the case where a person relates to others positively, namely altruistically. This study is needed because it is unclear how altruism influences the inclination of an altruistic person to take risks.

Szacunkowy nakład pracy studenta: 2ECTS x 25h = 50h
(K) - godziny kontaktowe (S) - godziny pracy samodzielnej
konwersatorium: 6h (K) 0h (S)
ćwiczenia (zajęcia): 0h (K) 0h (S)
egzamin: 2h (K) 0h (S)
konsultacje: 2h (K) 0h (S)
przygotowanie do ćwiczeń: 0h (K) 0h (S)
przygotowanie do wykładów: 0h (K) 25h (S)
przygotowanie do kolokwium: 0h (K) 0h (S)
przygotowanie do egzaminu: 0h (K) 15h (S)
…: 0h (K) 0h (S)
Razem: 10h (K) + 40h (S) = 50h