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- Research (7)
- Faculty Publications (5)
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- June 2015
- Case
1996 Welfare Reform in the United States
By: Matthew Weinzierl, Katrina Flanagan and Alastair Su
On August 22, 1996, U.S. President Bill Clinton signed into law the Personal Responsibility and Work Opportunity Reconciliation Act (PRWORA)—a dramatic reform of the American system of economic assistance for the poor that, as its title suggested, attempted to... View Details
Keywords: Welfare State; Public Goods; Moral Hazard; Median Voter Theorem; Poverty; Welfare; Public Administration Industry; United States
Weinzierl, Matthew, Katrina Flanagan, and Alastair Su. "1996 Welfare Reform in the United States." Harvard Business School Case 715-030, June 2015.
- December 2018
- Technical Note
The First Fundamental Theorem of Welfare Economics and Market Failures
By: Matthew C. Weinzierl and Robert Scherf
Weinzierl, Matthew C., and Robert Scherf. "The First Fundamental Theorem of Welfare Economics and Market Failures." Harvard Business School Technical Note 719-027, December 2018.
- October 2015
- Teaching Note
1996 Welfare Reform in the United States
- July 2021
- Article
Redistribution through Markets
By: Piotr Dworczak, Scott Duke Kominers and Mohammad Akbarpour
Policymakers frequently use price regulations as a response to inequality in the markets they control. In this paper, we examine the optimal structure of such policies from the perspective of mechanism design. We study a buyer-seller market in which agents have private... View Details
Keywords: Optimal Mechanism Design; Redistribution; Inequality; Welfare Theorems; Market Design; Equality and Inequality
Dworczak, Piotr, Scott Duke Kominers, and Mohammad Akbarpour. "Redistribution through Markets." Econometrica 89, no. 4 (July 2021): 1665–1698. (Authors' names are in certified random order.)
- Article
Multilateral Matching
By: John William Hatfield and Scott Duke Kominers
We introduce a matching model in which agents engage in joint ventures via multilateral contracts. This approach allows us to consider production complementarities previously outside the scope of matching theory. We show analogues of the first and second welfare... View Details
Keywords: Matching; Stability; Competitive Equilibrium; Core; Networks; Competition; Joint Ventures; Balance and Stability; Groups and Teams; Entrepreneurship
Hatfield, John William, and Scott Duke Kominers. "Multilateral Matching." Journal of Economic Theory 156 (March 2015): 175–206.
- Web
Global Business Course | HBS Online
Rates 6-8 hrs Module 3 Political Order and Disorder Understand the role of government in the modern economy and analyze political risks to business strategy. Highlights Introduction - Ray Mabus Welfare Economics Corruption Show Hide... View Details
- 07 Apr 2009
- First Look
First Look: April 7, 2009
would have otherwise been undertaken at home. These two tempting claims are found to have limited, if any, systematic support. Instead, modern welfare norms that capture the nature of multinational firm activity recommend a move toward... View Details
Keywords: Martha Lagace
- 04 Aug 2009
- First Look
First Look: August 4
Delphi debt, or to speculate on future Delphi bond prices. Purchase this case: http://cb.hbsp.harvard.edu/cb/product/210002-PDF-ENG Denmark: Globalization and the Welfare State Harvard Business School Case 709-015 This case describes how... View Details
Keywords: Martha Lagace