GVPT 170 Lecture Notes - Direct Democracy, Social Choice Theory, Transaction Cost
12 Mar 2014
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//outline: the logic of politics: de nition of politics. Problems in achieving collective action: coordination, prisoners dilemma, free riding, tragedy of the commons. Costs of collective action: transaction costs, conformity costs. Values e. g. , abortion, gun control, environmental protection the proper role of government. The process of agreement while individuals often disagree on the intended goals ( due to differing values) Must allocate resources in the face of competing values. Democratic nations large and complex, excessive cost. Implementing & enforcing the collective choice more people, more complex & divisive issues unstructured negotiations fail requires: political institutions i. e. formal framework for making decisions. More people + more complex & divisive issues . If citizens think their contribution to a collective effort is: Enjoy collective bene t without individual contribution leads to: Collective good can be in danger of being squandered. Coerce compliance with costs or incentives common feature of the solutions. All solutions require some form of government or institutions.
