Summary
Summary ECO2003 Property and power
- Course
- ECO2003
- Institution
- University Of Cape Town (UCT)
Trust me. I got you.
[Show more]
Seller
Follow
Content preview
11Identify Pareto efficent outcomes
1 2 Fairness
Substantive fairness 8 Judgement based on the
allocation of how
goods and services i.e unequal
they are In terms of income for example
subjective well
being
Procedural fairness 8 This is concerned with
the proceduers used a decision maker rather
by
than the actual outcome reached CI e How they
came about e.g force fair
play equal opp
us
confronting social norms
, C 3 Angela's feasible fronted
12
of
Angela's feasible
É frontier
O 24
Angela's house of free time
The shape of Angela's
feasible frater is
determined ten production function As Angela
by
produces more she sacrifices free time and vice
versa
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller kopanosegoale. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R203,00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
60434 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now