choice Flashcards

1
Q

vote choice can be influenced by

A

personal characteristics, political ideology and policy issues

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2
Q

what makes issues salient

A

elites, historical factors, evironmental changes, international actors

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3
Q

what issues become salient

A

cultural identities and policy issues

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4
Q

principal-agent problem

A

the principal delegates authority to the agent to act on their behalf. usually when principal does not have the capacity.

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5
Q

adverse selection

A

agent has info about their type befoe signing contract with principal. know how they value and how much effort theyll put in

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6
Q

moral hazard

A

agent develops private infor after they sign contact. after signing will decide how much effort theyll put in

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7
Q

strategic voting

A

chose candidate that isnt first choice because of the possible outcome of the candidate favored to win

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8
Q

arrows impossibility theorem

A

when there are 2+ candidates, no ranked voting rule can produce satisfactory results for everyone

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