Introduction to Systems Design for Resource Allocation

In this guest seminar, Harry Burdon will discuss how to design systems to allocate scarce resources, as well as the behaviour, incentives, and institutions found in such systems.
He will outline a series of economic frameworks for understanding these situations, using the governance challenges encountered in the fellowship as case studies.
The session will cover practical, actionable models that can be implemented by the cohort, such as tradeable permits, options, quotas, queues, auctions, and mandates, and an illustration for how these same concepts scale to bigger, real-world issues. He will also discuss design and application of social welfare functions.

Harry Burdon is an economist with degrees from The London School of Economics (LSE) and University College London (UCL) and a decade of experience applying economic and statistical analysis in legal disputes and issues of competition between firms.
He specialises in data analysis and econometrics.