PSYC11H3- Final Exam Guide - Comprehensive Notes for the exam ( 35 pages long!)
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Toda(cid:455)"s pla(cid:374: policies/administrative/assessment, course overview, examples, experimentation. It"s al(cid:449)a(cid:455)s (cid:271)ette(cid:396) to sa(cid:455) (cid:862)joi(cid:374) (cid:455)ou(cid:396) f(cid:396)ie(cid:374)ds(cid:863: what (cid:449)ould (cid:455)ou (cid:396)e(cid:272)o(cid:373)(cid:373)e(cid:374)d to de(cid:272)(cid:396)ease u(cid:396)i(cid:374)al spillage i(cid:374) the (cid:373)e(cid:374)"s (cid:396)oo(cid:373) of a lo(cid:272)al (cid:271)a(cid:396), drawn on fly in the urinal so that men aim at the spot. Incentives: people love money, education, better the more choices, the better they can decide, ca(cid:374)"t e(cid:454)plai(cid:374) the tippi(cid:374)g phe(cid:374)o(cid:373)e(cid:374)a, why do we a tip a restaurant we might never go back to. Model for classic economic approach: rational, perfect processors, consistent, we choose one over the other all the time, reasonable, process information in an unbiased fashion, well calibrated. If you ask people how much they would want to get paid to do something, they would give a coherent sense of preferences: willful. Intentioned actors: highly capable, good planners, people start with preferences and are capable of carrying out those preferences to make choices and carry out those plans based on their preferences, self-interested.
