PHL100Y1 Lecture Notes - Lecture 6: Free Rider Problem, Logical Form, Glaucon

15 views4 pages
School
Department
Course

Document Summary

Life will be better if we respect each other. Two people could easily kill one person. So everyone should just be nice (somewhat what glaucon argued) Efficiency: each does what they do best (369a-370b) So we agree to do individual jobs: division of labour. That implies trade (370e), ship-building, etc. (371b) (cid:862)perfu(cid:373)ed oils, i(cid:374)(cid:272)e(cid:374)se, prostitutes & pastries(cid:863) (cid:894)3(cid:1011)3a(cid:895) if everyone does their unique task there will be a variety of goods. Collaboration is easy when everyone benefits in proportion to their efforts. Morality (cid:373)ea(cid:374)s (cid:272)ooperati(cid:374)g e(cid:448)e(cid:374) (cid:449)he(cid:374) i lose, or do(cid:374)"t gai(cid:374) a(cid:374)(cid:455)thi(cid:374)g (cid:271)ut ha(cid:448)e to do (cid:449)ork. When invisible, gyges never has to lose. The free rider problem arises when my contribution does(cid:374)"t (cid:373)ake (cid:373)u(cid:272)h of a differe(cid:374)(cid:272)e. If e(cid:448)er(cid:455)o(cid:374)e (cid:272)lea(cid:374)s up, i do(cid:374)"t (cid:374)eed to, (cid:373)(cid:455) (cid:373)ess is s(cid:373)all (cid:272)o(cid:373)pared to the total. If (cid:374)o o(cid:374)e (cid:272)lea(cid:374)s up, (cid:449)hat i do does(cid:374)"t (cid:373)atter.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents