POL111H5 Lecture 6: Lecture 6 %28Feb 9%29.doc

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17 May 2012
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Democracy: it is true that it arises from a majoritarian rational decision. Democracy and rationality: methodological individualism-individuals matter, you start from the decision or preference of individuals, a person is rational because they have reason for what they did, they are thoughtful about the decision they make. Transitivity: if you prefer chocolate over vanilla, and vanilla over strawberry then you like vanilla, logical chain through preferences. Thursday, february-09-12: they need complete and transit preference to be rational. When you put individuals who have these preferences and have them voter on some outcome that outcome will not be transitive. Its possible for them to generate an irrational outcome. An example: if they decide to vote, there are three outcomes, they could choose to two to debate and the verse the third. Candor-there is no decisive winner, the outcome becomes the function of. The outcome is not of people"s preferences but on the arbitrary choice on how you made those decision.

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