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ECC1000 - Principles of microeconomics - S2 2025

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What is the Gini coefficient for Case 3 without bargaining? Your answer should be rounded to two digits after the decimal point.

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What is the Gini coefficient for Case 2? Your answer should be rounded to two digits after the decimal point.

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What is the Gini coefficient for Case 1? Your answer should be rounded to two digits after the decimal point.

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What other things do you think could affect bargaining power in this environment?

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Which of the following could affect bargaining power in this environment?

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How do you rank Cases 1, 2a, and 2b in terms of procedural fairness? Why do you rank them like that? Does that ranking differ from the ranking of substantive fairness? 

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If Bruno allows Angela 8 hours of free time, what is the minimum amount of grain he must offer her to not revolt, assuming she is indifferent between revolting and getting any bundle on IC1.

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Asusuming Angela has rational and well-behaved indifference curves, which labeled bundle (A, B, C, or D) gives Angela the most utility? Enter only the letter, with no additional words, numbers, or symbols; if none are correct, enter NA.

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Which labeled bundle (A, B, or C) optimizes Angela's Utility at FF1? Enter only the letter, with no additional words, numbers, or symbols; if none are correct, enter NA.

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Which of the following could generate the shift from FF1 to FF2 we see here?

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