WDW151H1 Study Guide - Fall 2018, Comprehensive Midterm Notes - Order Of Australia, Canada, Max Weber
WDW151H1
MIDTERM EXAM
STUDY GUIDE
Fall 2018
Laws
◊
Norms
◊
Need rules
What balance?
□
Less freedom
▪
If everything is order, how do we create order? How much, who
decides?
○
Need to have some sort of social order to have banks, economy, etc.
•
Traffic / driving
○
Rules create stabilized expectation
○
Co-ordination - coordinate behaviour
•
Selling / buying old textbooks / marketplace
○
Cooperate even when not in self-interest
○
Subway / airport / healthcare --> pay taxes
○
Cooperation
•
Need to bare costs, pool together
•
Climate change --> no immediate payoff
○
How to get people to cooperate?
•
Lecture 1.1: Problem of Social Order
September 14, 2016
10:00 AM
LECTURE Page 1
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'father of sociology'
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Trained in law but taught economics
○
Vote?
▪
Join groups?
▪
Some engage in crime and others don't?
▪
Some become wealthy, others don't
▪
Have a clear understanding of the decision problem (perfect
information)
□
Conduct exhaustive research so as to come up with a wide
range of potential solutions
□
Have the time, ability, and capacity to evaluate the costs and
benefits of each option
□
Select option that "maximizes utility"
□
Cost-benefit calculations
□
Rational Actors
▪
Beliefs
□
Religion
□
Cultural --> respect for elders, generosity, compassion, paying
it forward, loyalty, greed
□
Value rational
▪
Driven by emotion
□
Act impulsively --> road rage, happiness (team winning)
□
Affectual
▪
Habit, routine
□
Holidays, dress
□
Traditions
▪
Motivated by pure logic
□
Have a clear understanding of the decision problem (have
perfect information)
□
Conduct exhaustive research so as to come up with a wide
range of potential solutions
□
Have the time, ability and capacity to evaluate the costs and
benefits of each option
□
Select the option that "maximizes utility" --> option with least
costs and most benefits
□
Cost-benefit calculations are a simplified version of ration
decision making
□
Instrumentally rational
▪
Why do people act the way they do?
○
Max Weber 1864-1920
•
Top-down : leader or organization planned
○
Deliberate
○
Known outcome
○
Serves a specific purpose
○
Comparatively simple
○
Taxis / Made order --> Japanese Precision walking
•
Cosmos / Spontaneous order
Lecture 1.2: How does social order arise?
September 21, 2016
10:00 AM
LECTURE Page 1
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Need to have some sort of social order to have banks, economy, etc. Subway / airport / healthcare --> pay taxes. Have a clear understanding of the decision problem (perfect information) Cultural --> respect for elders, generosity, compassion, paying it forward, loyalty, greed. Act impulsively --> road rage, happiness (team winning) Have the time, ability and capacity to evaluate the costs and benefits of each option. Select the option that "maximizes utility" --> option with least costs and most benefits. Cost-benefit calculations are a simplified version of ration decision making. Taxis / made order --> japanese precision walking. How does spontaneous order arise? all subconsciously categorize world into groups --> in (like me) and out (not like me) groups. Explicit social groups: families, neighborhoods, interest group, etc. Herding instinct --> feel best when we are doing what everyone else is doing. Large quantities of information (i. e. polling data, census figures)
