EMREAS 13 Study Guide - Spring 2018, Comprehensive Midterm Notes - Wolfram & Hart, William H. Riker, Voting Rights Act Of 1965

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12 Oct 2018
Course
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EMREAS 13
MIDTERM EXAM
STUDY GUIDE
Fall 2018
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EMR 13: Analyzing Politics: Lecture Notes
Lecture 1: Tuesday Jan 26th: Introduction
Four components to the grade
oMidterm – 35% (March 10th in class)
oSection/Experiments – 20%
o1000-word essay – 10%
oFinal Exam or Paper (3000-5000 words) – 35% (May 5th 9:00 am)
Thinking strategically about situations – theme of this class
Politicians are professionals at thinking strategically
Some people think about an opportunity for cooperation for the greater good, but it is hard to
enforce (cannot always be guaranteed)
Lecture 2: Thursday Jan 28th: Individual Choice: Models of Choice
Ec10, Summarized:
Agent Endowment (Constraint) Objective
Consumers $ “Happiness”
Workers time labor/leisure
Producers inputs profit
Investors $ long-run return
Can we make assumptions about individual behavior to make assumptions for group behavior?
Makes sense to start with small units of analysis
oMethodological individualism
Take a generic individual: Ms. or Mr. I
oA= {x, y, z}
oPi
oN= {1, 2 3, ….., n}
x Pi y “x preferred to y by i” STRICT
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x Ii y “I is indifferent between x and y” INDIFFERENT
x Ri y “either “x Pi y” or “x Ii y” WEAK
oAssumption 1: Connectivity (completeness)
Either x Pi y or y Pi x or x Ii y
oAssumption 2: Transitivity (coherence)
Either x Pi y and y Pi z then x Pi z
Where do preferences come from?
oPossibly genetic (Darwinian Evolution)
oPersuasion
oSource of preferences in Ec10 are entirely in terms of material well-being
oRegardless, preferences can have many different factors, and this course looks at more
than just material well-being
{x, y, z, u, v, w,…}
oWe are assuming individuals can select preferences, PREFERENCE ORDER
oThe assumptions above mean he or she can construct preference ordering
Rational Behavior
o“pick the top rank” (in your preference order)
Utility
oui(x) > ui(y) if and only if x Pi y
“Maximize utility”
Decision Making Under Certainty
oA = {a1, a2,…. am} ACTIONS
oO = {o1, o2,…. om} OUTCOMES
A  O
a1 -> o1 and so on…
Decision Making Under Risk
oaj: (p1j, p2j,…, pnj)
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