RIEB Seminar

Date&Time Wednesday, July 9, 2014, 3:30pm-
Place Meeting Room at RIEB (Annex, 2nd Floor)
Intended Audience Faculties, Graduate Students, and People with Equivalent Knowledge
Language English
Note Copies of the paper are available at Office of Promoting Research Collaboration.

3:30pm-

Speaker Takashi HAYASHI
Affiliation Adam Smith Business School, University of Glasgow
Topic How Much are People Responsible for their Skills?
Abstract This paper studies allocation of labor and consumption in production economies in which people may not be equally skilled and each individual may be responsible but in general only partially for his skill. Most of existing studies on fairness under unequal skills consider particular standpoints about how people are responsible for their skills. Instead, we axiomatically identify classes of allocation rules, which are flexible but tractable as much as possible, so that we can tell where the above standpoints are located within the class as its "endpoints," and the answer to the question as in the title is calibrated in the process of pinning down the solution.