Hannu Nurmi: Models of Political Economy

Nurmi-Models-ajk.txt o MyeBooksMenu o MyeBooks123 o MyeBooksAbc 20211119-20211225 403 2* (20220224-0241)
1.YhteenvedotReviewsРезюме
###
2.SisällysluetteloContentsСодержание
(1,2,3,4,5)
3.MuistiinpanotHighlightsПримечания
h
4.KirjanmerkitBookmarksЗакладки
b
No deal for me

No deal for me

This is not my kind of cake. An essay of deterministic models of political behavior. I could not get any touch of it. Therefore no chance for writing a review.
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Huomautukset Remarks Замечания

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Sisällysluettelo Contents Содержание (Code: (1,2,3,4,5))

100001 1 Introduction
17000101 1.1 Suggested reading
190002 2 What are we aiming at?
19000201 2.1 Explaining political economy
25000202 2.2 Building theories
28000203 2.3 Models
31000204 2.4 Interpreting acts
33000205 2.5 Normative and factual models
36000206 2.6 Suggested reading
370003 3 Homo æconomicus
37000301 3.1 The role of assumptions in theory
43000302 3.2 Aspects of rationality
46000303 3.3 Making choices under certainty
51000304 3.4 Choices under risk
58000305 3.5 Choices under uncertainty
64000306 3.6 Axioms of rational behavior
78000307 3.7 Suggested reading
80000308 4.1 Classic paradoxes
91000309 4.2 The prospect theory
96000310 4.3 Further anomalies
104000311 4.4 Suggested reading
790004 4 Economic man under attack
1050005 5 Games: descriptions and solutions
112000501 5.2 Strategies and extensive form
116000502 5.3 Solutions
130000503 5.4 Subgames and trembles
136000504 5.5 Special games
156000505 5.6 Reputation makes a difference
162000506 5.7 … and much hinges upon the quality of information
167000507 5.8 The role of two-person game theory
171000508 5.9 Suggested reading
1730006 6 Bargaining and coalitions
173000601 6.1 Classic solutions
185000602 6.2 Stability, core and bargaining sets
192000603 6.3 Values for n-person games
197000604 6.4 Applications to European institutions
200000605 6.5 Power and preferences
205000606 6.6 Suggested reading
2070007 7 Decision making in committees
207000701 7.1 Basic concepts
209000702 7.2 Aggregating opinions
211000703 7.3 New systems, new winners
214000704 7.4 Theory of committee voting in the olden days
220000705 7.5 Problems of Condorcet’s intuition
222000706 7.6 Voting procedures
228000707 7.7 Choice procedures and performance criteria
229000708 7.8 Two social choice theorems
232000709 7.9 Voting as a game
242000710 7.10 Suggested reading
2440008 8 Designing for elections and public goods provision
246000801 8.1 The majority rule
251000802 8.2 Majority and plurality
254000803 8.3 Single transferable vote
257000804 8.4 Quota and divisor methods
261000805 8.5 Proportionality of what?
264000806 8.6 The general design problem
267000807 8.7 Optimizing the public goods provision
275000808 8.8 Suggested reading
2770009 9 What kind of government?
277000901 9.1 States as bandits
279000902 9.2 A just state
285000903 9.3 Redistribution and rent seeking
287000904 9.4 Suggested reading
2890010 10 Aspects of policy evaluation
289001001 10.1 Deciding the number of criteria
291001002 10.2 Majorities, positions, weights
293001003 10.3 Changes in alternative sets
295001004 10.4 Close and yet so far
298001005 10.5 One more criterion cannot do any harm, can it?
301001006 10.6 Forest and the trees
306001007 10.7 Voters are much the same as criteria
308001008 10.8 Suggested reading
3090011 11 Homo æconomicus: should we let him go?
3130012 Notes
3230013 Bibliography
4030014 End
4030015 ### 20211225 2*
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Muistiinpanot Highlights Примечания (Code: h)

1 (11)
Smith’s view the task of political economy is to assist the rulers in providing well-being to their subjects and in securing the necessary means for running what would today be called the public sector. In Mill’s definition, what distinguishes political economy from household economy are the actors, not the activities. Both economies depend on the satisfaction of consumption and supply needs.
2 (11)
h.In Marx’s view it was rather the economic organization with its production relationships that determined the individual interests.
3 (12)
The neoclassical view of political economy agrees with the classic one in treating the economy as an analytically separable subsystem of the society, but introduces new philosophical and technical elements. To wit, the foundations of economic behavior were sought in the utilitarianism and marginal calculus was invented to explain the workings of the economies (see Caporaso and Levine 1992: 79–99).
4 (12)
Most definitions, however, share the idea of an interaction of two conceptually distinct societal subsystems – the political subsystem and the economic one.
5 (14)
We shall define political economy as the application of means–ends reasoning to behavior in the public realm.
6 (16)
The crucial concept of this text is that of decision. Political economy consists of structures, events, developments and patterns in which human decisions play a central role.
7 (27)
Theories have thus a double role in scholarly work: they present the achieved results (laws) in condensed form and, with the aid of empirical observations, allow for the evaluation of our knowledge.
8 (29)
speaking of a model rather than a theory, the person ipso facto believes that the description given in the model is not literally true, but a useful approximation.
9 (29)
Theoretical models include mathematical, statistical and computational ones.
10 (30)
the same study object may be modeled in several different ways depending on the use of the model (prediction, explanation or simulating past behavior)
11 (44)
Thus, thick rationality essentially extends the notion of rationality by imposing conditions upon goals and beliefs.
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Kirjanmerkit Bookmarks Закладки (Code: b)

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Nurmi-Models-ajk.txt

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