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Second-Best Fairness

Alexander W. Cappelen, Cornelius Cappelen, Bertil Tungodden. 2023. “Second-Best Fairness: The Trade-Off between False Positives and False Negatives.” American Economic Review 113 (9): 2458-2485. [Copyright American Economic Association; reproduced with permission of the American Economic Review] Check the authors’ websites for the posted paper: https://sites.google.com/view/alexand... https://www.uib.no/en/persons/Corneli... https://sites.google.com/view/bertilt... When it comes to welfare policy, how do we balance giving some individuals more than they deserve vs. giving others less than they deserve? About this channel: econimate® is a YouTube channel aimed at making economics research accessible and engaging. What questions are economists asking, how are they tackling them, and how does this research help us understand the world around us? http://www.econimate.com/ Created by Hoai-Luu Nguyen Video uses “WritingMarker” by fastson licensed under https://creativecommons.org/licenses/...