CPO-2002 Lecture Notes - Lecture 1: Social Choice Theory, Nash Equilibrium, Comparative Politics
16 Apr 2016
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Rules that govern social interacion, constraining the opions for acion. Guide deliberaions, structure aggregaion of preferences, govern protocol for implementaion of collecive decisions. An example of this is the consituion, treaty, diferent branches of government. Parchment insituions- rules that are writen down (syllabus, consituion, contract: you can point to them, the wriing down of these insituions is neither necessary nor suicient to be an insituion, people just have to believe in it. For insituions to be efecive constraints, they don"t need to be writen down. Just the act of wriing them down maters litle: insituions must be self reinforcing, (global summit setling climate emission targets but then no one enforces it) The act of wriing down rules creates mutual expectaions for behavior. Under these circumstances, the insituions are worth more than the paper on which they are writen. Focal point- by wriing them down we are able to focus on the expectaions.
