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Willowbrook
(a) At Willowbrook Saul Krugman conducted an experiment. Explain the purpose of the experiment. What benefits did Krugman claim for the experiment and what role does the idea of utilitarianism play in Krugman's argument? (For additional background, see pages 140-141.)
(b) Paul Ramsey in "Judgment on Willowbrook" challenges Krugman's defense. Explain three of Ramsey's criticisms.
(c) Who do you think is right, if either? Explain.
Econ 522 - Economics of Law - What levels of precaution would a rule of simple negligence lead to and what levels of precaution would a rule of strict liability with a defense of contributory negligence lead to?
q1. for each of the following events answer the following1 how would this event affect the money supply?2 what sort of
Consider the allocation of a delectable resource over two periods. There are Qbar=4 units of the stock available. The total benefits derived from using the resource are defined as TBt= 20qt- (1/2qt^2) and the total cost of extracting the resource is ..
Globalization became (again) a hot topic in current Presidential campaign. Should we continue to open our door to international trade and division of labor at global level, or block those imported products because they are presumed to take our jobs t..
Take some time to think about the ways in which your learning in this class relates to the real world. Has the knowledge you gained been valuable in helping you understand or evaluate events or policies? Are there any current events in the news that ..
How much money should be deposited each year for 12 years if you wish to withdraw 294$ each year for 5 years, beginning at the end of the 14th year? Let i = 10% per year.
Suppose the value of technology adoption to a given user is log(n) where n is the total number of users who have already adopted the technology. Suppose the cost of technology adoption per user is c. Assume there are N users in the market.
It is sometimes argued that a matrix organization can serve as a mechanism for achieving strategic fit- the achievements of synergies across related business
How do you determine if an issue is an ethical one or simply a problem?
The firm's credit sales for 2008 were $10.7 million. What is the year-end 2008 balance in accounts receivable for Corn Products? (Consider a 365 days a year.)
At the 2013 Winnebago County Fair a vendor is offering a "fair special" on sandals. If you buy one pair of sandals at the regular price of $50, you get a second pair at a 40% discount, and a third pair at half the regular price. Javier took advantage..
Many provinces in Canada allow welfare recipients to earn a small amount of labour market earnings, say X, before the tax-back of welfare benefits begins.
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