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Ethical asset valuation and the good society

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Ethical asset valuation and the good society

CHRISTIAN GOLLIERETHICAL ASSETVALUATIONjindtheGOOD SOCIETYETHICAL ASSET VALUATION AND THE GOOD SOCIETYKENNETH J. ARROW LECTURE SERIESKENNETH J. ARROW

Ethical asset valuation and the good society LECTURE SERIESKenneth J. Arrows work has so deeply shaped die course of economics for the past sixty years that, in a sense, every modern economist i

s his student. His ideas, style of research, and breadth of vision have been a model for generations of the boldest, most creative, and most innovativ Ethical asset valuation and the good society

e economists. His work has yielded seminal theorems in areas such as general equilibrium theory, social choice theory, and endogenous growth theory, p

Ethical asset valuation and the good society

roving that simple ideas have profound effects. The Kenneth J. Arrow Lecture Series highlights economists from Nobel laureates to groundbreaking young

CHRISTIAN GOLLIERETHICAL ASSETVALUATIONjindtheGOOD SOCIETYETHICAL ASSET VALUATION AND THE GOOD SOCIETYKENNETH J. ARROW LECTURE SERIESKENNETH J. ARROW

Ethical asset valuation and the good societyare held in Arrows honor at Columbia University.The lectures have been supported by Columbia University’s Committee on Global Thought, Program for Eco

nomic Research, Center on Global Economic Governance, and Initiative for Policy Dialogue.Creating a Learning Society: A New Approach to Growth, Develo Ethical asset valuation and the good society

pment, and Social Progress, Joseph E. Stiglitz and Bruce c. GreenwaldUse Arrow Impossibility Theorem, Eric Maskin and Amartya SenSpeculation, Trading,

Ethical asset valuation and the good society

and Rubbles, José A. Schcinkman Moral Hazard in Health Insurance, Amy Finkelstein Creating a Learning Society: A New Approach to Growth, Development,

CHRISTIAN GOLLIERETHICAL ASSETVALUATIONjindtheGOOD SOCIETYETHICAL ASSET VALUATION AND THE GOOD SOCIETYKENNETH J. ARROW LECTURE SERIESKENNETH J. ARROW

Ethical asset valuation and the good society, Paul MilgromETHICAL ASSET VALUATION AND THE GOOD SOCIETYCHRISTIAN GOLLIERCOLUMBIA UNIVERSITY PRESS I NEW YORKColumbia University Press Publishers Si

nce 1X93New York Chichester, West Sussexcup.columbia.eduCopyright © 2018 Columbia University Press All rights reservedLibrary of Congress Cataloging-i Ethical asset valuation and the good society

n-Publication Data Names: Collier, Christian, author.Title: Ethical asset valuation and the good society Ì Christian Collier.Description: New York : C

Ethical asset valuation and the good society

olumbia University Press, [2018] I Series: Kenneth J. Arrow lecture series I Includes bibliographical references. Identifiers: LCCN 2017020978 (print)

CHRISTIAN GOLLIERETHICAL ASSETVALUATIONjindtheGOOD SOCIETYETHICAL ASSET VALUATION AND THE GOOD SOCIETYKENNETH J. ARROW LECTURE SERIESKENNETH J. ARROW

Ethical asset valuation and the good societys—Prices. I Value. I Valuation. I Public good.Classification: LCC HG4523 (ebook) I LCC HG452.3 .G655 2018 (print) I DDC 174/.4— dc23LC record availabl

e at https://lccn.loc.gov/20170209780Columbia University Press books arc printed on permanent and durable acid-free paper.Printed in rhe United States Ethical asset valuation and the good society

of AmericaCover design: Noah AllowCONTENTSAcknowledgments viiIntroduction xi

CHRISTIAN GOLLIERETHICAL ASSETVALUATIONjindtheGOOD SOCIETYETHICAL ASSET VALUATION AND THE GOOD SOCIETYKENNETH J. ARROW LECTURE SERIESKENNETH J. ARROW

CHRISTIAN GOLLIERETHICAL ASSETVALUATIONjindtheGOOD SOCIETYETHICAL ASSET VALUATION AND THE GOOD SOCIETYKENNETH J. ARROW LECTURE SERIESKENNETH J. ARROW

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