EC228 Collective Decisions Notes | Assignment Help | Syllabus
Country: United Kingdom
University: The University Of Warwick
From the viewpoint of economic theory, this module builds mathematical models to investigate collective decision-making and analyze the rational behavior of voters, legislators, and government officials. Students are exposed to social choice theory, which examines different methods for aggregating individual preferences into a coherent collective decision, as well as the basic trade-offs that every democratic voting process must deal with. Following that, students will look at game-theoretic models of political rivalry in elections. The module next examines how a group may aggregate knowledge better (or worse) than each of its members, as well as coordination and free-riding issues in competing political parties. Overall, this module offers a formal foundation for positive and normative examination of a wide range of democratic institutions.
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