Chapter 1

Question 1

Goods

Answer 1

Objects whose consumption increases ones utility

Question 2

Rival vs Nonrival

Answer 2

Does the consumption of good prevent others from consuming it

Question 3

Excludable vs nonexcludable

Answer 3

Can someone be prevented from consuming the good w-o paying for it

Question 4

Cooperation

Answer 4

Pooling of resources and coordination of effort by a group of individuals

Question 5

Conventional wisdom

Answer 5

Common interest drives coordination

Question 6

Reality

Answer 6

Many interests arent organized

Question 7

Cooperation is expensive

Answer 7

Its nonexludable and nonrival

Question 8

Free riding

Answer 8

Enjoy the benefits of a good while letting others pay the costs of providing it

Question 9

How do we get people to cooperate?

Answer 9

Benefits from participation.
Selective incentives.
Coercion

Question 10

Benefits from participation

Answer 10

Getting utility from the feeling of a job well done

Question 11

Selective incentives

Answer 11

Group may offer private benefits to its members

Question 12

Why groups dont form, when people dont cooperate

Answer 12

Conventional wisdom.

Group fails to solve collective action problem

Question 13

Articles of confederation didnt solve collective action problem

Answer 13

States didnt want to pay their share of taxes

Question 14

Declaration of Independence

Answer 14

Colonies angry over british taxation.
First continental congress (1774)
Second continental congress
1775-76

Question 15

Articles of confederation

Answer 15

Ratified in 1781.
13 colonies entered into a union of states.
Each state remained independent.
Weak central gov

Question 16

Probs with articled of conf

Answer 16

Central gov lack

• an executive branch
• coercive power over the states

Question 17

Constitutional convention (1787)

Answer 17

Called to amend articles, not write a new consitution.

Delegates decided to write a new document

Question 18

Popular control of gov

Answer 18

Republicanism

Question 19

Rejection of monarchy

Answer 19

Legitimacy from consent of the governed

Question 20

Limits on gov power

Answer 20

Job is to uphold natural rights

Question 21

Human nature and its implications for democracy

Answer 21

Formers viewed humans as naturally self interested.
Govs must productively channel this self interest
Gov must handle majority factions

Question 22

Details of constitutions are a product of compromise

Answer 22

Needed approval of at least 9 states

Question 23

Us Cons vs Articles

Answer 23

Us cons meant to address shortcomings of articles

Question 24

Virginia plan

Answer 24

Bicameral legistlature w state representation proportional toeach states pop or revenue.
Opposed by small states

Question 25

New jersey plan

Answer 25

Unicameral legis w each state delegation having one vote.

Opposed by large states

Question 26

Great compromise

Answer 26

House rep. Apportioned according to each states pop.

Two senators per state

Question 27

Bicameralism:compromise

Answer 27

Legislative assembly composed of two chambers:

House of rep directly elected