BADM 2003W Lecture Notes - Lecture 8: Rational Ignorance, Insider Trading, The Public Interest
1 Mar 2016
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Apple developing software to prevent even the company itself from getting into it. One gets compromise, so can everyone else. Shooting in california made fbi suspicious on whether or not there may be more. Votes with a small stake in the issue are rationally ignorant. Members of the government and others involved try to manipulate the system for their own gain. Policy involving certain industries thus affecting stocks. Inversely proportional just like demand involving votes and resources. Higher the curve, the better your chances. More than 50% unless with more than 2 candidates. Cause secondary effects typically involving their chemicals. Telling people that things won"t pass unless x, y, and z. Makes the interest group be a suck up. You follow me or your issues won"t be addressed. Either push new policy, pull current policy, or keep policy there. Politicians want support regardless where it comes from. Decision maker just wants support even if they change their priorities.
