Tags & Description
Regulation
________: Setting up rules limiting access to a common resource and monitoring and penalizing those who violate them.
Prisoners Dilemma
________: A situation in which two (or more) actors can not agree to cooperate for fear that the other will find its interest best served by reneging on an agreement.
Direct Democracy
________: A system of government in which citizens make policy decisions by voting on legislation themselves rather than by delegating that authority to their representatives.
Compromise
________: Settlement in which each side concedes some of its preferences to secure others.
Politics
________: The process through which individuals and groups reach agreement on a course of common, or collective, action- even as they disagree on the intended goals of that action.
Initiative
________: An approach to direct democracy in which a proposal is placed on an election ballot when the requisite number of registered voters have signed petitions.
Referendum
________: An approach to direct democracy in which a state legislature proposes a change to the states laws or constitution that all the voters subsequently vote on.
Free rider
________ Problem: A situation in which individuals can receive the benefits from a collective activity whether or not they helped to pay for it, leaving them with no incentive to contribute.
Tyranny
________: A form of government in which the ruling power exploits its authority and permits little popular control.
Individuals
________ pay conformity costs whenever collective decisions produce policy outcomes that do not best serve their interests.
Coordination
________ remains a prerequisite for effective collective action even after the disincentives to individual participation (that is, prisoners dilemma problems) have been solved.
Constitution
________: A document outlining the formal rules and institutions of government and the limits placed on its powers.
Conformity Costs
________: The difference between what a person ideally would prefer and what the group with which that person makes collective decisions does.
Coalition
________: An alliance of unlike- minded individuals or groups to achieve some common purpose such as lobbying, legislating, or campaigning for the election of public officials.
Private Goods
________: Benefits and services over which the owner has full control of their use.
Republic
________: A form of democracy in which power is vested in elected representatives.
Government
________: The institutions and procedures through which people are ruled.
Preference
________: Individuals choices, reflecting economic situation, religious values, ethnic identity, or other valued interests.
actual influence
Power: a politicians ________ over others whose cooperation she needs to achieve her political goals.
Parliamentary government
________: A form of government in which the chief executive is chosen by the majority party or by a coalition of parties in the legislature.
Cabinet members
________ are chosen by the president and approved by the Senate.
Representative Government
________: A political system in which citizens select government officials who, acting as their agents, deliberate and commit the citizenry to a course of collective action.
Cabinet
________: The formal group of presidential advisers who head the major departments and agencies of the federal government.
Transaction Costs
________: The costs of doing political business reflected in the time and effort required to compare preferences and negotiate compromises in making collective decisions.
Coordination
________: The act of organizing a group to achieve a common goal.
Authority
the acknowledged right to make a particular decision
Bargaining
A form of negotiation in which two or more parties who disagree propose exchanges and concessions to find a course of acceptable collective action
Cabinet
The formal group of presidential advisers who head the major departments and agencies of the federal government
Coalition
An alliance of unlike-minded individuals or groups to achieve some common purpose such as lobbying, legislating, or campaigning for the election of public officials
Collective action
An action taken by a group of like-minded individuals to achieve a common goal
Collective goods
Goods that are collectively produced and freely available for anyones consumption
Compromise
Settlement in which each side concedes some of its preferences to secure others
Conformity Costs
The difference between what a person ideally would prefer and what the group with which that person makes collective decisions does
Constitution
A document outlining the formal rules and institutions of government and the limits placed on its powers
Coordination
The act of organizing a group to achieve a common goal
Direct Democracy
A system of government in which citizens make policy decisions by voting on legislation themselves rather than by delegating that authority to their representatives
Free rider Problem
A situation in which individuals can receive the benefits from a collective activity whether or not they helped to pay for it, leaving them with no incentive to contribute
Government
The institutions and procedures through which people are ruled
Initiative
An approach to direct democracy in which a proposal is placed on an election ballot when the requisite number of registered voters have signed petitions
Parliamentary government
A form of government in which the chief executive is chosen by the majority party or by a coalition of parties in the legislature
Politics
The process through which individuals and groups reach agreement on a course of common, or collective, action-even as they disagree on the intended goals of that action
Power
a politicians actual influence over others whose cooperation she needs to achieve her political goals
Preference
Individuals choices, reflecting economic situation, religious values, ethnic identity, or other valued interests
Prisoners Dilemma
A situation in which two (or more) actors cannot agree to cooperate for fear that the other will find its interest best served by reneging on an agreement
Private Goods
Benefits and services over which the owner has full control of their use
Privatize
To prevent a common resource from being overexploited by tying the benefit of its consumption to its cost
Public Goods
Goods collectively produced and freely available for anyones consumption
Referendum
An approach to direct democracy in which a state legislature proposes a change to the states laws or constitution that all the voters subsequently vote on
Regulation
Setting up rules limiting access to a common resource and monitoring and penalizing those who violate them
Representative Government
A political system in which citizens select government officials who, acting as their agents, deliberate and commit the citizenry to a course of collective action
Republic
A form of democracy in which power is vested in elected representatives
Separation of Powers
The distribution of government powers among several political institutions
Tragedy of the Commons
A situation in which group members overexploit a common resource, causing its destruction
Transaction Costs
The costs of doing political business reflected in the time and effort required to compare preferences and negotiate compromises in making collective decisions
Tyranny
A form of government in which the ruling power exploits its authority and permits little popular control