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Creating a Covid-19 Protocol Presentation for a Restaurant Chain CEO

This assignment is an individual assignment.  Each student creates a video in .mp4 format.  The video must show your face.  You may film yourself giving the presentation, or you may video-record yourself over a Power Point presentation the way Prof. Hageman has done in the Econ 290 lectures.

  • Before you begin your presentation, film yourself close-up holding your student card beside your face for at least four seconds.  These presentations will all be deleted after twelve months, unless the professor has received your permission to retain the presentation for instructional purposes.
  • The presentation should be between 10 and 15 minutes long.
  • The presentation is your chance to showcase what you learned in Econ 290.
  • Follow this outline:

Imagine that you have been hired by the CEO of a company owning a chain of restaurants to advise on Covid-19 protocols to be followed by employees.  This company is an imaginary company of any size in any country you choose.  This is your presentation to the CEO.  When you use data, briefly mention the source.  Do not quote anyone: put everything in your own words.

  1. Begin by estimating the costs to the company of having employees become sick with Covid-19 or transmitting Covid-19 to customers.  This is your chance to showcase what you learned about estimating damages. Get some actual numbers relating to Covid-19 sickness.  You can make up the numbers having to do with the company’s business, but try to be realistic.  
  2. Next, suggest two protocols for employees to follow to minimize the chance of employees getting Covid-19 or spreading Covid-19.  One of these can be a conventional protocol.  The other should be a tax, permit, or CBNRM policy.  Although this sounds crazy, your CEO is an economics fan and has asked you to come up with something like that.Showcase your knowledge of policy.
  3. For each protocol, estimate the costs to the employees of following the protocol.  Try to be realistic.
  4. For each protocol, describe cost effectiveness in terms of the equimarginal principle.
  5. For each protocol, estimate the costs to the company of administering, monitoring, and enforcing the protocol.Try to be realistic.
  6. For each protocol, describe whether employees will consider it to be fair.
  7. For each protocol, describe whether it will give employees an incentive to think of new ways to reduce their chance of getting or spreading Covid-19.
  8. Conclude by comparing the two protocols and advising the CEO to emphasize one over the other and/or to apply both protocols.    You do NOT have to perform a CBA or calculate NPV.

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