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  • 3.00 Credits

    Students conduct original research for oral presentations and a paper on a policy-related topic. Topic and methods of analysis determined by student in consultation with instructor. Goal is to improve analytical, research, writing, and communication skills. Prerequisites: core courses in Public Policy or consent of instructor. 3 units, Spr (Durbin, B)
  • 4.00 Credits

    (Same as IPS 204A.) Microeconomic concepts relevant to decision making. Topics include: competitive market clearing, price discrimination; general equilibrium; risk aversion and sharing, capital market theory, Nash equilibrium; welfare analysis; public choice; externalities and public goods; hidden information and market signaling; moral hazard and incentives; auction theory; game theory; oligopoly; reputation and credibility. 4 units, Aut (Bulow, J)
  • 4.00 Credits

    (Same as IPS 204B.) Ex ante and ex post evaluation of projects and policies, value of life calculations, and welfare evaluation of public and private decisions. Welfare measures; tradeoffs between efficiency and equity. Second best. Behavioral economics: psychological mechanisms behind static choice, intertemporal choice, choice under risk and uncertainty, choice in social situations, and hedonics. Statistical decision theory. Use of incentives in implementing policies. Relationship between microeconomic analysis and public policy making. Economic rationales for policy interventions. Economic models of politics and application to policy making. Relationship of income distribution to policy choice. 4 units, Spr (Kessler, D)
  • 2.00 Credits

    Differences between common and civil law systems; judge-made law and judicial process; courts and litigation; legislation and its interpretation; administrative law and regulation. Separation of powers and federalism; constitutional law and civil liberties; criminal justice; empirical studies of the legal profession and legal behavior; social change and its impact on the legal order; law and economic development. 2 units, Aut (Friedman, L)
  • 3.00 Credits

    (Same as LAW 277.) How legal rules and institutions can correct market failures.The economic function of contrasts; role of legal remedies to resolve disputes when contracts fail. The choice between encouraging private parties to initiate legal actions to correct externalities and governmental actors such as regulatory authorities. Economics of litigation; how private incentives to bring lawsuits differ from the social value of litigation. Economic motives to commit crimes; optimal governmental response to crime. Prerequisites: intermediate-level microeconomics; some calculus. 4 units, Win (Polinsky, M)
  • 2.00 Credits

    (Same as IPS 205A.) Statistical background and introduction to regression. Topics include hypothesis testing, linear regression, nearest-neighbors regression, and other statistical concepts. Handson empirical analysis using popular statistical packages. Goal is to analyze empirical studies, conduct empirical research, and to crossexamine or work with statistical experts. 2 units, Aut (Hensler, D)
  • 4.00 Credits

    (Same as IPS 205B, LAW 366.) Descriptive statistics. Regression analysis. Hypothesis testing. Analysis of variance. Heteroskedasticity, serial correlation, errors in variables, simultaneous equations. The construction and use of models for analyzing economic and social phenomena. Bayesian analysis. Univariate and bivariate analysis. Simple regression model. Multiple regression model. Inference and heteroskedasticity. Linear probability model. Instrumental variables. Maximum likelihood methods. Measurement of social and political attitudes and ideologies. Statistical analysis of large data sets. 4 units, Win (Strnad, J)
  • 2.00 Credits

    (Same as IPS 205C, LAW 362.) Statistical background and introduction to regression. Topics include hypothesis testing, linear regression, nearest-neighbors regression, and other statistical concepts. Hands-on empirical analysis via computer exercises using statistical packages; how to analyze empirical studies, conduct empirical research, and cross-examine or work with statistical experts. 2 units, Aut (Strnad, J)
  • 4.00 Credits

    (Same as IPS 206A, POLISCI 331S.) Classic theories for why collective action problems occur and how they can be solved. Politics of aggregating individual decisions into collective action, including voting, social protest, and competing goals and tactics of officials, bureaucrats, interest groups, and other stakeholders. Economic, distributive, and moral frameworks for evaluating collective action processes and outcomes. Applicable to collective action problems in any realm, but focus is on practical examples from environmental management. 4 units, Spr (Oleson, K)
  • 4.00 Credits

    (Same as IPS 206B.) Policy reform and organizational resistance. Organizations include government and other bureaucracies such as not-for-profit schools, universities, hospitals, international organizations, political parties, and agencies. Hubris and policy making, including pathologies of decision making and planning, abuse of intelligence, biased information, overselling to publics, lack of knowledge about context, and unintended consequences. 4 units, Spr (Stedman, S; Eden, L)
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