Hide Advanced Options
Courses - Fall 2021
PHPE
Philosophy, Politics, and Economics
PHPE400
Individual and Group Decision-Making
Credits: 3
Grad Meth: Reg, P-F, Aud
Foundational issues that arise within the theories of rational choice that underlie the treatments of decision-making found in economics, politics, and the other social sciences. The course is focused on individual decisions (rational choice theory), strategic decisions (game theory) and group decisions (social choice theory). In addition to presenting the formal models of decision making, we also discuss to what extent these mathematical theories explain social interactions. An important aspect of the course is to introduce students to the ways in which economic analysis has been applied to issues in social and political philosophy. Readings will be drawn from the literature in economics, psychology, statistics and political science, as well as philosophy.
Credit granted for PHPE400 or GVPT449D.