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VERSION:2.0
PRODID:icalendar-ruby
CALSCALE:GREGORIAN
X-WR-CALNAME:Microeconomic Theory Workshop: Federico Echenique
X-WR-TIMEZONE:Eastern Time (US & Canada)
BEGIN:VEVENT
DTSTAMP:20260719T123249Z
UID:tag:localist.com\,2008:EventInstance_41864278393559
DTSTART:20230315T201500Z
DTEND:20230315T214500Z
DESCRIPTION:Federico Echenique\, University of California Berkeley\n\nEmpir
 ical Welfare Economics\n\nJoint with Chris Chambers\n\nAbstract:\n\nWelfar
 e economics relies on access to agents' utility functions: we revisit clas
 sical questions in welfare economics\, assuming access to data on agents' 
 past choices instead of their utilities. Our main result considers the exi
 stence of utilities that render a given allocation Pareto optimal. We show
  that a candidate allocation is efficient for some utilities consistent wi
 th the choice data if and only if it is efficient for an incomplete relati
 on derived from the revealed preference relations and convexity. Similar i
 deas are used to make counterfactual choices for a single consumer\, polic
 y comparisons by the Kaldor criterion\, and determining which allocations\
 , and which prices\, may be part of a Walrasian equilibrium.
GEO:42.447296;-76.482254
LOCATION:Uris Hall\, 498
SUMMARY:Microeconomic Theory Workshop: Federico Echenique
URL;VALUE=URI:https://events.cornell.edu/event/microeconomic_theory_worksho
 p_federico_echenique
CATEGORIES:Seminar
CATEGORIES:Class/ Workshop
END:VEVENT
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