Courses Exchange Display 2019-2020

Course Description To PDF
Course title Social Choice Theory
Course code EBC4005
ECTS credits 6,5
Assessment None
Period
Period Start End Mon Tue Wed Thu Fri
2 28-10-2019 20-12-2019 X X
Level Intermediate
Coordinator Ton Storcken
For more information: t.storcken@maastrichtuniversity.nl
Language of instruction English
Goals
In this course the student will learn to formally analyse collective decision rules w.r.t. various aspects such as anonymity, Pareto-optimality, neutrality, and strategy-profess.
Description
In collective decision-making (e.g., elections) the rules and procedures used to arrive at a decision may have a considerable impact on the final result. Different rules may lead to different decisions. In this course such rules are studied. In particular, desirable properties like Pareto-optimality and non-manipulability are investigated.
Some topics are:
- voting schemes for two alternatives, theorem of May;
- voting schemes for more than two alternatives, score rules, veto rules;
- Condorcet winners, dictatorial rules, anonymity, neutrality, positive association, impossibility theorems of Arrow, Gibbard and Satterthwaite;
- location problems;
- strategy-proof division;
- implementation.
Literature
Lecture notes.
Prerequisites
A mathematic level comparable to a BSc Econometrics & Operations Research meets the prerequisites.
Exchange students need to have obtained a Bachelor degree and an advanced level in mathematics.
An advanced level of English.
Teaching methods PBL / Lecture
Assessment methods Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Master Econometrics and Operations Research - Econometrics Elective Course(s)
Master Econometrics and Operations Research - Mathematical Economics Compulsory Course(s)
Master Econometrics and Operations Research - No specialisation Elective Course(s)
Master Econometrics and Operations Research - Operations Research Elective Course(s)
Master Economic and Financial Research - Econometrics Year 1 Core Course(s)
Master Economic and Financial Research - Econometrics Year 1 Elective Course(s)
Master Economic and Financial Research - No specialisation Year 1 Elective Course(s)
SBE Exchange Master Master Exchange Courses
SBE Non Degree Courses Master Courses