POLS W3220x Logic of Collective Choice 3 pts. Much
(most?) of politics is about combining individual preferences or actions into
collective choices. We will make use of two theoretical approaches. Our
primary approach will be social choice theory, which studies how we aggregate
what individuals want into what the collective "wants." The second approach,
game theory, covers how we aggregate what individuals want into what the
group gets, given that social, economic, and political outcomes usually
depend on the interaction of individual choices. The aggregation of
preferences or choices is usually governed by some set of institutional
rules, formal or informal. Our main themes include the rationality of
individual and group preferences, the underpinnings and implications of using
majority rule, tradeoffs between aggregation methods, the fairness of group
choice, the effects of institutional constraints on choice (e.g., agenda
control), and the implications for democratic choice. Most of the course
material is highly abstract, but these abstract issues turn up in many
real-world problems, from bargaining between the branches of government to
campus elections to judicial decisions on multi-member courts to the
allocation of relief funds among victims of natural disasters to the scoring
of Olympic events. The collective choice problem is one faced by society as a
whole and by the smallest group alike.