candidates
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We apply the main idea from last time, iterative deletion of dominated strategies, to analyze an election where candidates can choose their policy positions. We then consider how good is this classic model as a description of the real political process, and how we might build on it to improve it. Toward the end of the class, we introduce a new idea to get us beyond iterative deletion. We think about our beliefs about what the other player ...more
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We first consider the alternative "Bertrand" model of imperfect competition between two firms in which the firms set prices rather than setting quantities. Then we consider a richer model in which firms still set prices but in which the goods they produce are not identical. We model the firms as stores that are on either end of a long road or line. Customers live along this line. Then we return to models of strategic politics in which it i...more
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Kawasaki's viewpoint is not one shared by the majority of venture capitalists. Kawasaki sees the best candidates for a successful start-up are young engineers with no business experience.
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We first complete our discussion of the candidate-voter model showing, in particular, that, in equilibrium, two candidates cannot be too far apart. Then we play and analyze Schelling's location game. We discuss how segregation can occur in society even if no one desires it. We also learn that seemingly irrelevant details of a model can matter. We consider randomizations first by a central authority (such as in a bussing policy), and then d...more
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Presidential Politics: Race, Class, Faith & Gender in the 2008 Election
Stanford / Political Science
The 2008 U.S. Presidential Election is unprecedented. The nomination process and ongoing campaigns have revealed the complexities of identity and its role in uniting and dividing the electorate. This course explores how issues of race, class, faith and gender have shaped the candidates, campaigns, and our society. The course analysis spans the presidential race from the announcements of more than ten presidential hopefuls to the current co...more
