{"id":6191,"date":"2014-04-13T09:42:32","date_gmt":"2014-04-13T09:42:32","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=event&#038;p=6191"},"modified":"2017-07-24T21:09:12","modified_gmt":"2017-07-24T20:09:12","slug":"social-equity-context-dependence-and-analytical-rigour-can-they-be-brought-together-for-better-policy-design","status":"publish","type":"event","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/social-equity-context-dependence-and-analytical-rigour-can-they-be-brought-together-for-better-policy-design\/","title":{"rendered":"Social Equity, Context-Dependence and Analytical Rigour: can they be brought together for better policy design?"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Part of the Climate Change and Environment Seminar Series (LSE).<\/p>\n<p>Until very recently in policy design and evaluation, economists have shied away from equity analysis &ndash; the distribution of benefits and costs across stakeholders &ndash; and have focused instead on economic efficiency as their primary performance criterion.<\/p>\n<p><strong>Speaker:<\/strong> Steven Schilizzi, School of Agricultural and Resource Economics, The University of Western Australia<\/p>\n<h2>Abstract of &lsquo;Social Equity, Context-Dependence and Analytical Rigour&rsquo; seminar<\/h2>\n<p><strong>November 2010 seminar by Steven Schilizzi<\/strong><\/p>\n<p>Until very recently in policy design and evaluation, economists have shied away from equity analysis &ndash; the distribution of benefits and costs across stakeholders &ndash; and have focused instead on economic efficiency as their primary performance criterion.<\/p>\n<p>Yet it is well known that political constituencies place at least as great a weight on social equity (fairness, justice) as on efficiency, if not greater.<\/p>\n<p>One reason for this discrepancy is that defining equity is context-dependent. It has thus been viewed as a slippery concept, unfit for rational analysis.<\/p>\n<p>In this seminar, we show this is not the case.<\/p>\n<p>Once the multidimensional nature of equity is acknowledged, field theory can be brought to bear to analyse how equity depends non-randomly on context. Equity-efficiency trade-offs can then also be analysed in a context-dependent way.<\/p>\n<p>We tested this approach by generating equity judgment data through surveys and controlled lab experiments.<\/p>\n<p>It was clear that:<\/p>\n<ul>\n<li>One can study equity both rationally and numerically, on a par with efficiency;<\/li>\n<li>Context-dependence is non-random and highly structured;<\/li>\n<li>Equity analysis can therefore complement benefit-cost analysis in such a way as to reduce the likelihood the policy will be rejected or face high implementation costs.<\/li>\n<\/ul>\n<h2>Biography of Steven Schilizzi<\/h2>\n<p>Steven Schilizzi was born in Canada, obtained his PhD in Paris in the field of energy analysis and economics, and worked for INRA in France for a number of years before moving to Australia in 1995.<\/p>\n<p>Since then, Steven has taught and conducted research at the University of Western Australia in Perth. He has lectured in the areas of environmental and resource economics; business and the environment; policy analysis; agricultural economics; project and risk analysis.<\/p>\n<p>Steven&rsquo;s main research interests have been the economics and sustainability of agricultural systems, the economics of conservation tenders as a contract allocation mechanism, and, more recently, integrating social equity into economic and policy analysis.<\/p>\n<p>In both these latter areas he has been using economic experiments as a research tool.<\/p>\n<p>Steven has collaborated with colleagues in Germany, France and Canada, and has headed two research projects in Vietnam.<\/p>\n<p>He is currently Deputy Head of the School of Agricultural and Resource Economics at the University of Western Australia.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Part of the Climate Change and Environment Seminar Series (LSE). Until very recently in policy design and evaluation, economists have&hellip;<\/p>\n\n","protected":false},"author":43,"featured_media":0,"template":"","tags":[312,309,695],"event-type":[38],"topic_area":[],"class_list":["post-6191","event","type-event","status-publish","hentry","tag-cost-benefit-analysis","tag-equity","tag-policy-design","event-type-policy-seminars"],"acf":{"start_date":{"ref_value":"field_52f56b18a98ba","value":"20101130","type":false,"post_type":""},"start_time":{"ref_value":"field_52f56b33a98bb","value":"","type":false,"post_type":""},"end_date":{"ref_value":"field_52f56bb58f239","value":"20101130","type":false,"post_type":""},"end_time":{"ref_value":"field_52f56bd38f23a","value":"","type":false,"post_type":""},"event_venue":{"ref_value":"field_531c65c575d35","value":"LSE","type":false,"post_type":""},"eventbrite_link":{"ref_value":"field_52f59e0b20728","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["social-equity-context-dependence-and-analytical-rigour-can-they-be-brought-together-for-better-policy-design"],"type":"relationship","post_type":""},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"external_speaker":{"ref_value":"field_5374dcb208782","value":"","type":false,"post_type":""},"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"location":{"ref_value":"field_559cf9dc612b6","value":"","type":false,"post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Social Equity, Context-Dependence and Analytical Rigour: can they be brought together for better policy design? - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/events\/social-equity-context-dependence-and-analytical-rigour-can-they-be-brought-together-for-better-policy-design\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Social Equity, Context-Dependence and Analytical Rigour: can they be brought together for better policy design? - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"Part of the Climate Change and Environment Seminar Series (LSE). 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