Glossary

  • Preferences1 - Individuals’ choices, reflecting economic situation(s), religious values, ethnic identity, or other valued interests.

  • Bargaining (process) - A form of negotiation in which two or more parties who disagree propose exchanges and concessions to find a course of acceptable collective action.

  • Compromise (outcome) -

  • Politics -

  • Social Choices & Conflict -

  • Authority (a right to decide!) - “Recognized right to make a particular decision.”

  • Power (the ability to decide) - “Actual influence over actions.”