Friday, September 30, 2016

Illinibucks

The concept of Illinibucks would be interesting as the administration of University of Illinois would have to set a price for the rights of the people. Setting a price on other peoples rights would be a difficult and unethical task that can cause problems among students since it’s not a measurable value. An interesting use of Illinibucks would be to make the seats in class available in Illinibucks, meaning that the ones who have more Illinibucks would be able to sit in front of the class just like in concerts or sports events. The students who have more Illinibucks would be able to sit in front of the class and get better grades. This makes the allocation and pricing critical since the Illinibucks were given by the university administration and they affect the grades of each student accordingly.
            
The implementation of Illinibucks would cause a lot of trouble and injustice. Let’s assume that the university is allocating Illinibucks depending on the GPA of each student. A lot of research on the effectiveness of classroom seating on students grades came into conclusion that the students who sit in front of the class had better grades than the ones who sit in behind. If the university allocates Illinibucks according to GPA’s of students, then students who sit in the back of the class would have less chance to get Illinibucks in future. The similar injustice can be seen in many other real life issues such as vicious poverty cycles. The cycle of poverty in Illinibucks would go on until a student who sits in the back of the class would study hard and get A’s on his/her classes. In order to prevent this cycle, the allocation should depend something other than the GPA of students.
            
If the implementation of Illinibucks were real, I would look for ways to invest them rather than spending them to cut in lines. Cutting in lines would be an unwise way to spend the Illinibucks as one would only save a short period of time in exchange. In the seating assignment scenario, each student has a chance to invest in themself by buying a seat in front of the class. This way, the amount of Illinibucks I was allocated would increase each year (as I would get good grades on every class) and I would be able to spend some spare amount of the Illinibucks in my daily life to cut in lines or register to classes earlier.
           
The administered prices would raise an issue until the market finds the equilibrium price. The low prices administrated by the university would attract the attention but decrease the value of Illinibucks. Since everyone would afford to skip lines or sit in front of the class, there would be a chaos and nobody would have privilege. Another aspect of the inaccurate pricing would be high administered prices which would even lead to forming of black markets. If the Illinibucks were overvalued it would attract less students, and fewer privileges would be available as students would not want spend their bucks all at once. However, these problems would be solved as the market would find the equilibrium price in time. The Illinibucks implementation would be a system of mutual interdependence where the values of goods and services would be set by the students after some exchanges have been done.

In conclusion, the concept of Illinibucks would be complicated to implement as there are too many unknown factors that should be determined in order to optimize the usage. Setting a price on services or basic rights can cause many problems since it would be difficult to measure their values. A lot of different fields could be found to spend Illinibucks besides sitting in front of the classes or cutting in lines but I would look for ways to invest. The pricing of Illinibucks could be complex but the optimum price would be found after implementation was done.

1 comment:

  1. You are the first one to comment about classroom seating. So let me make some general observations about that. In our classroom, which is pretty small, many of the students seem to prefer to sit at the back. I think that correlates with how tall the person is, as much or more than how good the student is. For example, I was a pretty good student but preferred to sit in the back.

    It is an entirely different story for a class in a large lecture hall. Foellinger auditorium offers an example as I have actually spent some time there in the audience observing student behavior. (Also noting that sometimes the speakers didn't work and you couldn't hear the professor if you were at the back.) In the large lecture halls what you say I agree with. But then one might ask if those who normally do sit in the back would want to be up front if they could do that. I don't know the answer to that.

    It may be that there are are other events than classes - lectures, performances, meetings of an RSO, perhaps other examples, where the preferred seating issue also matters. Maybe Illinibucks would be used in that context and not have the ethical issues attached to it that you seem to suggest would be the case if they are used in courses.

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