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20 Cards in this Set
- Front
- Back
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Globalization |
Being connected socially economically politically |
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Global capitalism |
Including markets and a decentralized system |
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Decentralized markets |
Markets that are international Consumption, production allocation. What you make sell and how much you sell it for |
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Evaluation - open economy model |
International relations focusing on connections across the economy and across connections |
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Evaluation closed markets |
Looking at individual countries economy looking at trade more thing to look at need to see the big picture |
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Sacristy cost |
Only so much to go around Allows competition cooperationand conflict resources knowledge and time knowledge is power |
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Scarcity institutions |
How context effects political decisions. Individual people making decisions for the whole |
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Institutions |
Norms and values that shape human behavior |
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Political survival |
I need to remain in power making the rules developing the institutions promoting themselves to stay in power without thinking about anyone |
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Political survival selectorate |
Are people who the political party in power will keep happy |
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Rationality |
What benefits you the most and cost the least |
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Rationality utility |
Some or satisfaction in individual games it's a relative values in making decisions |
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Rationality preferences |
Statement of what you'd like more material/social |
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Rationality preferences/completeness |
Quality has two choices putting them in a hierarchy |
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Rationality preferences/transitivity |
a is greater then b the B is greater than C and a is greater than c order needs to be consistent |
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Sources of inconsistencies |
collective outcomes, contacts, interdependence |
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Collective outcomes condorcet paradox |
A group outcome that does not represent the individual preference potential outcome can be violent. Three more choices throw off everything how to please a diverse group of people? |
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Sources of inconsistency /context |
Have to consider the trade off in thinking about a future more than the present individual choices affecting the group |
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Sources of inconsistency interdependence |
Consider the other actors where and where these people come from need to know the cultural norms for political decisions or put yourself in a at a disadvantage try to imagine their preferences, compromise solution something is better than nothing |
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Sources of inconsistency interdependence/strategic choices |
Understand the individual decision and then bring it back to the government what can be rational in the long run |
