Le CRÉUM et le CIRANO de l’Université de Montréal ont le plaisir de vous convier à une journée de débats entre économistes et philosophes sur le thème des défaillances du marché.

Market failure: How pervasive is it? What to do when it happens?
A debate between economists and philosophers

Participants:
Geoffrey Brennan (Australian National University / Duke University)
Peter Dietsch (Université de Montréal)
Jean-Marie Dufour (McGill University)
Daniel Hausman (University of Wisconsin-Madison)
Colin Macleod (University of Victoria)
Claude Montmarquette (CIRANO)
Wayne Norman (Duke University)
François Vaillancourt (Université de Montréal)

où et quand?

Université de Montréal
Pavillon Claire-McNicoll
Local Z-260
Vendredi 4 avril 2008
10 h – 18 h

PROGRAMME

9.30 coffee
9.45 Introduction

10.00-11.30 Colin Macleod (Victoria), François Vaillancourt (Montréal)
There are circumstances where fixing market failures leads to a conflict
with individual preferences. What are the justifications for, as well as the limitations of overriding individual preferences in such cases?

11.30 Lunch (Bistro Olivieri, Côte-des-neiges)

13.15-14.45 Geoffrey Brennan (ANU / Duke), Daniel Hausman (Wisconsin-Madison)
Can government intervention make things worse? If so, can we identify
criteria to gauge the chances of government intervention to fix market
failure?

14.45 Coffee break

15.00-16.30 Claude Montmarquette (CIRANO), Wayne Norman (Duke / Université de Montréal)
Companies regularly exploit and even exacerbate market failures in the search for profit. What is their responsibility in fixing market failure, and how can they be encouraged to live up to it?

16.30 Coffee break

16.45-18.15 Peter Dietsch (Université de Montréal), Jean-Marie Dufour
(McGill)
What impact does market failure have on inequalities of income? Does market failure in this sense justify redistribution?