Courses Master Display 2022-2023

Course Description To PDF
Course title Collective Decision Making
Course code EBC4005
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
2 31-10-2022 16-12-2022 X X
Level Intermediate
Coordinator Bas Dietzenbacher
For more information: b.dietzenbacher@maastrichtuniversity.nl
Language of instruction English
Goals
Students learn to formally analyze collective decision rules on the basis of normative properties arising from fairness and robustness considerations.
Description
PLEASE NOTE THAT THE INFORMATION ABOUT THE TEACHING AND ASSESSMENT METHOD(S) USED IN THIS COURSE IS WITH RESERVATION. A RE-EMERGENCE OF THE CORONAVIRUS AND NEW COUNTERMEASURES BY THE DUTCH GOVERNMENT MIGHT FORCE COORDINATORS TO CHANGE THE TEACHING AND ASSESSMENT METHODS USED. THE MOST UP-TO-DATE INFORMATION ABOUT THE TEACHING/ASSESSMENT METHOD(S) WILL BE AVAILABLE IN THE COURSE SYLLABUS.

In this theoretical course, we analyze different models for collective decision problems following the axiomatic approach. This means that we define collective decision rules (voting rules, scoring rules, allocation rules), formulate some appropriate properties for these rules, and study their implications. These properties reflect desirable fairness or robustness principles, such as anonymity, efficiency, neutrality, stability, monotonicity, consistency, and manipulability.

Topics that we cover include:
* elections
* location problems
* bankruptcy problems
* bargaining problems
* cooperative games
Literature
Lecture slides
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 (indicative; course manual is definitive) PBL / Lecture
Assessment methods (indicative; course manual is definitive) 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 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