POLI 244 Lecture Notes - Lecture 27: Yanis Varoufakis, Greek Government-Debt Crisis, Collective Action
12 Mar 2016
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Document Summary
Shares assumptions with realism and assumptions of human behaviour with liberalism. Origins of rational choice an economic model: reaches back to the beginning of political science rational choice human behaviour, includes predictability, uses mathematical proofs to derive outcomes. Modeling human behaviour, achieving predictability assumes that a group (team, company, or state) acts the way it does based on the aggregate of individual actors" behaviour. 2 or more players looks at individual effect on group outcome explains behaviour in different settings corporations, sports teams, state relevant data figure out how people will behave. Games of chicken classical example: two cars racing towards each other on a one-lane highway. Players are motivated by: getting what they want, reputation if you back down first lose reputation, but may minimize risks. Case study: greek ex-finance minister yanis varoufakis since 2009 greek financial crisis. Minister elected with citizens hoping for communal socialist values to counter european union pressure for collectivist and conformation.
