POL S 121 Lecture Notes - Lecture 8: Rationality, Expected Utility Hypothesis, Geoffrey Blainey
Document Summary
Lecture 8: the economy of violence and security. Bluebook, lecture notes, readings, slides on gauchospace. System --> culture --> society --> individual (psychology, social psychology, economics) 80-90% of people predict that parachutists will meet at the bridge at noon. Don"t use empathy, you cant find a solution. Explanation is found in the structure of the decision. There"s something about the bridge that seems like a reasonable meeting point. There"s something about the choice that makes sense -- something that forces us to a conclusion, making one choice the best. When you look at choice, what we do is natural and intuitive. So with this, states can see when war will emerge Economics approach is just trying to understand benefits vs. costs. Have to think about similar situations and choices . Two states who don"t want to fight, but if they give in, they lose.
