Market Failure workshop

PROGRAMME
Z-260, Pavillon Claire McNicoll, 2900 chemin de la tour, Montréal
April 4

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, Cote-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?