POL SCI 1 Lecture Notes - Lecture 14: Writer, Commerce Clause, Transaction Cost
20 Apr 2016
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Document Summary
When we have a national gov and then a more region. We have it in order to increase national power. It can lead to the tragedy of the comons. Ex. customers are the priciple and the chefs are the angents who we trust they. Principle is the person who hires someone trusting that the agent is going to do will not kills us the stuff. Can b affected by transaction and conformity cost. The agent doesn"t always does what it says. Time and effor required in order to carry a decision out. The sacrifices people have to make in order to make tihs happens. A group of ppl r paying for a product but . If only a few people are benefiting, it is a concentrated benefit. The environment/mindset in which the const. was writter. Onstradiction of separation of church n state. Pick a side no fance - setting. How it is based on cultural factors etc.
