POLSCI 1AA3 Lecture Notes - Lecture 1: Game Theory
17 Dec 2018
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Includes but is not limited to, the actions of government. Government has to do with compulsion, not voluntary decision making. Government is a specialized activity of those individuals that make and enforce public decisions that are binding upon the whole community (dickerson and flanagan, p4) . Government: is the institutional apparatus that make and imposes rules on societies. Politics is about power, about forces which influence and reflect its distribution and use, and about the effect of this on resource use and distribution, its not about government or government alone. Application of game theory: a way of modelling or predicting how human beings will react in certain circumstances and assumptions. Moves society from a sub-optimal to an optimal outcome. That people are innately rational, work to maximize pleasure and minimize pain.
