Ethics and Market Design

Date
Thu January 8th 2015, 4:00 - 5:30pm
Event Sponsor
Center for Ethics in Society
Location
Stanford Law School, Crown Quadrangle, Manning Faculty Lounge (Room 270)

 

 

Markets depend on legal and institutional structures. These structures raise questions of ethics: are they fair? Do they generate harms?  If harms are unavoidable, do these structures fairly manage and distribute the risks of harm?This panel discussion brings together prominent  philosophers and economists to discuss the potentials and limits of designing markets with ethics in mind. Cases in point will be markets for donated organs and financial markets. 

Anat Admati, George G.C. Parker Professor of Finance and Economics at the Graduate School of Business, Stanford University, author of The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It.
Al Roth, Craig and Susan McCaw Professor of Economics at Stanford University & Gund professor of economics and business administration emeritus at Harvard University, winner of the 2012 Nobel Memorial Prize in Economics for his work on market design.
Debra Satz, Marta Sutton Weeks Professor of Ethics in Society, Professor of Philosophy and Political Science, author of Why Some Things Should Not Be for Sale: The Limits of Markets.

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