Associate Professor
Department of Economics, BA-110Education
University at Albany
State University of New York
Albany, NY 12222
Office Location: BA-109A (Business Administration Building)
Telephone: (518) 442-4741
Fax: (518) 442-4736
E-mail: L.Kranich@albany.edu
Ph.D. (Economics) University of Rochester, 1989Previous Positions
M.A. (Economics) University of Rochester, 1985
B.A., magna cum laude, (Mathematics) Tufts University, 1979
Assistant Professor, University at Albany, SUNY, 1998-2001Fields of Concentration
Visiting Professor, Universidad Carlos III de Madrid, Spain, 1994-1998
Assistant Professor, Pennsylvania State University, 1989-1994
Instructor, Pennsylvania State University, 1987-1989
Visiting Scholar, Institut d'Anàlisi Econòmica, Barcelona, Spain, April 1997, July 1998
Microeconomic Theory, Public Economics, Welfare Economics, Game TheorySelected Publications
Current Papers"Altruism and the Political Economy of Income Taxation, " Journal of Public Economic Theory 3 (2001), 455-469.
"The Measurement of Opportunity Inequality: A Cardinality-Based Approach," with Efe A. Ok, Social Choice and Welfare 15 (1998), 263-288.
"Cooperative Games with Hedonic Coalitions," Games and Economic Behavior 18 (1997), 83-97.
"Equitable Opportunities in Economic Environments," Social Choice and Welfare 14 (1997), 57-64.
"Equitable Opportunities: An Axiomatic Approach," Journal of Economic Theory 71 (1996), 131-147.
"Equal Division, Efficiency and the Sovereign Supply of Labor," American Economic Review 84 (1994), 178-189.
"Gift Equilibria and Pareto Optimality Reconsidered," Journal of Economic Theory 64 (1994), 298-300.
"Altruism and Efficiency: A Welfare Analysis of the Walrasian Mechanism with Transfers," Journal of Public Economics 36 (1988), 369-386.
Courses Recently Taught"Manipulation of the Walrasian Mechanism in Production Economies with Unbounded Short-Selling"
"Equalizing Opportunities through Public Education when Innate Abilities are Unobservable"
"Allocating Costs among Heterogeneous Agents: The Linear Cost Equivalent Rule," with Carmen Arguedas
"Measuring Opportunity Inequality with Monetary Transfers"
"Core Concepts for Dynamic TU Games," with Andrés Perea and Hans Peters
"A Theory of Endogenous Sentiments," with Joan María Esteban
"Taxation with Endogenous Sentiments," with Joan María Esteban
PhD: Microeconomics I (600), Microeconomics II (700), Advanced Topics (803Q)
MA: Microeconomics (500), Game Theory (580S)
Undergraduate: Intermediate Microeconomics (300), Game Theory (480S)
Also: Public Economics, Mathematical Economics, Welfare Economics and Social Choice Theory, Cooperative Game Theory
List of Faculty | Economics Department
Last modified: 20 May 2002