Discuss reforms proposed on program unemployment insurance

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Discuss reforms proposed on program unemployment Insurance, focusing on fairness and sharing issuesues.

a. Is it a resource allocation problem with claims? A collective decision that can be Modelled with a social welfare ordering? With cardinal or ordinal preferences? A voting model?

What are the implications of the appropriate main concepts related to the problem (4 versions of fairness, proportional ,uniform gains or uniform losses. utilitarian ,leximin,Nash, Bordaor Condorcet,etc.)

b. Which ones seem more important? how about mergers or split of claims? is true utility tough to measure?) What does that tell us about the choice of a mechanism?

c. How the problem is resolved in reality (how are the shares,choice and voting Determined) and contrast that with what you believe should be the solution.

Reference no: EM133082796

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