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JUSTICE | RESOURCE ALLOCATION

Published on Nov 19, 2015

How to do justice.

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PRESENTATION OUTLINE

1.

JUSTICE | RESOURCE ALLOCATION

THEORY AND PRACTICE
Photo by ROSS HONG KONG
2.

THREE STORIES

wall street | on a boat | cigarettes
Photo by Andi Licious
3.

WALL STREET

Photo by nosha
4.

WALL STREET

  • 2008: 10 trillion lost
  • $700 billion bailout
  • AIG bonuses: $150M
Photo by nosha
5.

WALL STREET

  • Objection: Greed or failure?
  • US CEO = 344x average US worker
  • Justice: Welfare, virtue and freedom
Photo by nosha
6.

ON A BOAT

Photo by archer10 (Dennis) (51M Views)
7.

ON A BOAT

Photo by archer10 (Dennis) (51M Views)
8.

ON A BOAT

  • Consequences vs. duties & rights
  • Utilitarianism - maximize welfare
  • Inescapable even on grounds of egalitarianism?
  • Is torture ever justified?
Photo by archer10 (Dennis) (51M Views)
9.

ON A BOAT

Photo by archer10 (Dennis) (51M Views)
10.

CIGARETTES

Photo by SuperFantastic
11.

CIGARETTES

  • Philip Morris cost-benefit analysis
  • Death: $
  • Individual v. society
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12.

THE VALUE OF LIFE

  • Lawsuit vs. recall
  • USG: 1 life = $6M
  • 65mph vs. 55 mph
Photo by Calles De Mexico
13.

PIH Case Study

hiv & malaria | decision making | cost effectiveness
Photo by Brennan Moore
14.

OPTION 1

  • HIV healthcare delivery
  • $500 per person
  • 1000 enrollees
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OPTION 2

  • Malaria prevention
  • $100 per person
  • 3000 people reached
Photo by Fountain_Head
16.

COST-EFFECTIVENESS I

  • 1st part of ratio: cost
  • 2nd part of ratio: DALY
  • Disability weight: 1(healthy!) ... 0(dead!)
Photo by jacilluch
17.

COST-EFFECTIVENESS II

  • Duration - 80 year ceiling
  • HIV Example:
Photo by jacilluch

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