on October 12, 2021
Published on February 14, 2022 Updated on February 24, 2022

Guest Lecture: Marcus Pivato

photo Marcus
photo Marcus

What is normative economics?

Marcus Pivato is Professor of Economics at the UFR Économie-Gestion of CY Cergy Paris Université, and member of the THEMA laboratory

I will provide a brief introduction to the three branches of normative economics, namely, social choice theorydecision theory, and social welfare theory.  Social choice theory studies voting rules and other methods for making democratic collective decisions.  Social welfare theory develops barometers for evaluating the outcomes of such decisions in terms of criteria like fairness or total well-being.  Finally, decision theory studies how to make rational decisions when confronted with complexities such as uncertainty.  These branches interact closely with one another, and combine concepts and methods from mathematics, economics, philosophy, political theory, and theoretical computer science.

Date: 12 octobre 2021 from 12:30 to 14:00

The hybrid guest lecture is organised in person at the Auditorium of MIR in Neuville-sur-Oise and remotely on Zoom.

The video is online on the CY AS YouTube channel

Before the guest lecture, the presentation of the 2021-2022 fellows' research projects will take place at 11:00.