POLS 1101E Study Guide - Quiz Guide: Presidential System, Direct Democracy, Freeriding

• School: University of Georgia
• Department: Political Science
• Course: POLS 1101E
• Professor: Audrey Haynes

Document Summary

It is important because it is a civilized way to create compromise for those who have different views on an issue. b: why are bargaining and compromise important to politics? a. This is the compromise and it allows for both parties to be happy: what are preferences, preferences are the things that individuals or groups want. There are also costs involved that these individuals need to participate in but might not agree to. How are they related and why would we study them in american. You should be able to describe each of these and differentiate between them. Also think of ways they can be solved: prisoner"s dilemma is when individuals decide that even though they support some collective undertaking, they are personally better off with whatever benefits them versus the collective whole. i. What about the not-so-visible/non-material ones: the costs of collective action are transaction(visible/material) and conformity(not-so-visible/non-material) costs, define transaction and conformity costs and explain how they are related.