1. Bellringer Full sheet
1. How do you think Pueblo should allocate the
$15,000 from Bookman’s?

2. Original Economic Questions
What to produce?
How to produce?
How much to produce?
How to allocate resources?

3. Allocation methods
How do families allocate?
Brute force
First come, first serve
Equal Rationing
Rationing by committee
Based on need (poorest)
Contest based
Random lottery
Auction – willing to pay

4. Pueblo Administration has 2 tickets to this
year’s Final Four basketball games
They are going to allocate the tickets to one student.
They are going to either use: 1. lottery, 2. auction, 3.poorest,
4.first come, first serve, 5.highest GPA, 6.committee of
teachers, 7.fastest 1 mile run, 8. most free throws, 9.winner
of singing contest, 10. best youtube fan video
2. Two reasons your method is best
3. For each of the others, 1 problem

5. Currently organ donation in the US is done
by donation only, and first come first serve.
4. Write a paragraph
comparing and
contrasting this
allocation method with
an auction for kidneys
where people on the
waiting list could buy
kidneys from donors.
Which method do you
think is best?