POLSCI 111 Chapter Notes - Chapter 1: Garrett Hardin, Best Response, Perfect Competition
23 Jan 2017
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Document Summary
Politics refers to the process of making collective decisions, usually by governments, to allocate pubic resources and to create and enforce rules for the operation of society. Political system: the way a society organizes and manages its politics across various levels of public authority. Institutions: the rules or practices that determine how people make collective decisions. Public good: a benefit provided to a group of people that each member can enjoy without necessarily having pay costs for it, and for which one person"s enjoyment of it does not inhibit the enjoyment of it by others. Any group of people faces collective dilemmas, which are situations of conflict between group goals and individual goals or self interest. Collective action problem: a situation in which many people would be better off if they all cooperated; however, any individual has an incentive not to cooperate as long as the others are cooperating.
