Economics & Ethics in the Allocation of Scarce Resources

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From toilet paper to hand sanitizer, as the COVID19 outbreak grew into a pandemic people began sweeping the shelves, both physically and virtually, of these necessities. For some, these items were for their personal use, but for others, a financial opportunity had presented itself. Mario Macis - Associate Professor of Economics at the Carey Business School - explores the economic and ethical impacts of these decisions in a time of crisis.

ABOUT Mario Macis
Associate Professor of Economics; Affiliate Faculty, Berman Institute of Bioethics; Associate Faculty, Armstrong Institute for Patient Safety and Quality, JHU Medicine; Faculty Research Fellow, National Bureau of Economic Research

Mario Macis, PhD is an Associate Professor of Economics. He is also Affiliate Faculty at the JHU Berman Institute of Bioethics, Associate Faculty at the Armstrong Institute for Patient Safety and Quality at JHU Medicine, and Faculty Research Fellow at the National Bureau of Economic Research (NBER) and the Institute of Labor Economics (IZA, Bonn). Between 2016 and 2019, he served as Academic Program Director of Carey's MS in Health Care Management. Prof. Macis is an applied economist and his work focuses on how economic incentives interact with psychological factors and social norms to drive individual behavior and policy-relevant outcomes. His research interests include pro-social behavior, morally controversial transactions, global health, experimental economics, development economics, and labor economics. Prior to joining Carey, he was Assistant Professor of Business Economics and Public Policy at the University of Michigan, Ross School of Business. Prof. Macis has been a consultant for the World Bank, the International Labor Organization, the National Marrow Donor Program, and the United Nations Development Programme.

 Event Date
Tuesday, May 17, 2022
Start Time: 12:00pm EDT
End Time: 1:00pm EDT

Via livestream

Baltimore, MD 21218

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