Bob Cropf

Final Assignment Questions

In class stuff on April 16, 2009 at 7:54 PM

The following are the assignment questions for the last two assignments with their respective due dates:

Compare and contrast Sen’s view of economic rationality to a public choice theorist’s (i.e., Buchanan or Niskanen) view of the same. How might any differences translate into different viewpoints regarding rational decision-making in non-economic situations (for example, voting, government agencies, etc.)? (Due April 29,2009)

In class, we discussed the views on regulation of Stigler, Downs, Arrow and others. How would their perspectives regard/assess the regulation of the financial market before it suffered a meltdown last fall? What insights might these theorists offer regarding the best way to fix the financial sector? (Due on the last day of class)

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