Contingent Value Response Reagan Williams The Importance of Contingent Value Changing with the Electorate Contingent value and its interpretation and in American Society is an interesting topic to cover. Contingent value is defined as an economic survey-based technique, utilized in order to valuate non-market resources, such as the impact of pollution, or environmental protection and preservation. In economic terms, these resources have a use for people but aren’t directly sold to consumers. This can be shown by considering the value of a beautiful wild life scene, the price is not directly sold to consumers but there is a certain value that people would pay to experience it. This returns to topics covered earlier in the term by the way of considering certain people’s willingness to pay for certain things. Surveys are sent out by the government in order to gauge how much an American would pay for various programs that do not necessarily involve a direct return. In exploring contingent value a large portion of the findings collected by surveys are representative of the current electorate. In diving deeper into this point, I must stress and demonstrate how the electorate can change even though a large number of voters are the same voters that might have had a different opinion some time ago. This is highlighted by the ultimate …show more content…
This increases the importance of survey based contingent value results, because when all is completed, the people are the ones who must pay the price for whatever it is that is being valuated. Finding the right way and right price to go about completing projects that will help the citizens of this country are very important to getting things done for our country, and helps bypass the gridlock and waiting game that can be played when the government’s idea of something’s contingent value doesn’t match the
Today for most Australian’s the potential of what a vote can represent is lost in political apathy and some could argue that this directly relates to how the leaders of the two main political parties continually compete for the populist vote. This environment is dominated by the media portrayal of our political parties and as a result of this, policies for the long term interests of the country have become secondary to short term wins (Marsh, 2010).
Now that this series of articles has begun, this detail focused article will look at the matter of Maine’s Ranked Choice Voting Initiative. On the November 2016 ballot, the citizens of Maine will be voting on an initiative on whether to establish ranked choice voting for statewide offices and federal representation. This issue involves matters of how to best establishing systems of voting to reflect the voter’s will, to give a fair enabling of candidate options, and to produce electoral results which are constructive and produce broadly acceptable winners. To see what implications this issue may have for these matters, it will be looked at.
Rhetorical Analysis: The primary audience for this paper includes every citizen aged eighteen and above eligible to vote in the United States. The proposed topic mostly concerns these individuals due to the fact, they are affected by presidential voting institutions. Throughout this paper, I will be arguing in favor of the Electoral College, with an end goal of persuading my audience of the benefits of the system.
A voter can be defined as an individual who votes, or has the right to vote, in elections. Voting behaviour is explained using the concepts of expressive voting and strategic voting. A rational voter would act more strategically, that is, the voter would vote to produce an election outcome which is as close as possible to his or her own policy preferences, rather than voting on the basis of party attachment, ideology, or social group membership (expressive voting). Strategic voting has become more important than voting on the basis of political cleavages (expressive voting), so voters have become more rational in their approach, however there is always an element of expressiveness in their behaviour. Political parties were initially formed to represent the interests of particular groups in society however, as these parties became more universal in the appeal of their policy programmes, voting behaviour shifted from expressive to strategic. This essay explores the reasons behind the declining importance of political cleavages, and the rise of strategic voting.
To have an effective democracy, a country must have an effective electoral system. The First Past the Post electoral system, used in the United States popular vote, has come under fire as being ineffective and inadequate when compared to rival electoral systems. Two articles that represent the sides of this debate are “Vote of no Confidence” by McKenna and Cameron’s speech “Keeping First Past the Post is Vital for Democracy”. In his article, McKenna says that First Past the Post allows for “a negation of democracy”, and discusses how other electoral systems would be superior. On the other hand, Cameron decries the Alternative Vote system, the most likely replacement of First Past the Post, saying that it “makes winners of losers and losers of winners”.
The opponent is assertion that people who support our present arrangement claim that we need to encourage citizens to vote alternatively they may lose enthusiasm in the political procedure. (Beverge, 2012) On the other hand, voting is a part of democracy structure in Australia and it is significance as well as a part of citizens’ commitment similar to taxes payment, jury duty and military service.
4. Claims of value. Is it good or bad? Beneficial or harmful? Moral or immoral? Who says so? What do these people value? What value system will be used to judge?
choice (Nation Master, 2003: "British House of Commons"; Kavanagh, Dennis, 2000: 116-19). British voters have traditionally been motivated by party ideology when casting their vote, but some votes are cast for incumbents with favored personalities (Kavanagh: 125).
Exit polls, like most surveys, unfold in four distinct but often overlapping stages / Research-ers usually begin by developing procedures for drawing a probabilistic sample of voters whose responses can be inferred to the active electorate with a high degree of confidence. They develop a questionnaire, capable of both describing the types of voters participating in an election as well as offering insights into the reasoning behind their choices. Interviewers are trained and eventually employed to disseminate the questionnaires to and collect them from sampled voters on Election Day. The process concludes with the integration of voters’ responses into a data set for analysis. The specific procedures used for each stage vary by polling organization; therefore, I focus my discussion on those procedures developed by Warren Mitofsky, Murray Edelman,
According to one of rational choice theory’s prominent and more thoughtful contemporary exponents, Peter C. Ordeshook, “four books mark the beginning of modern political theory: Anthony Downs’s An Economic Theory of Democracy (1957), Duncan Black’s Theory of Committees and Elections (1958), William H. Riker’s A Theory of Political Coalitions (1962), and James Buchanan and Gordon Tullock’s The Calculus of Consent (1962). These volumes, along with Kenneth Arrow’s Social Choice and Individual Values (1951), began such a wealth of research that political scientists today have difficulty digesting and synthesizing all but small parts of it. Consequently, the full value of this research often goes
According to Dworkin, democracy is an egalitarian perception to political equality (). Dworkin argues for a substantive approach to democratic procedure; in effort to secure an equal distribution of political power to citizens as a whole (9; 117). Dworkin’s consequential approach classifies two types of political decisions: “choice-sensitive” and “choice-insensitive” issues (132). Dworkin defines choice-sensitive issues in terms of justice that: “depends essentially on character and distribution of preferences within the political community” (132). For example, Dworkin asserts: “The decision whether to use available public funds to build a new sports center or a new road system is typically choice-sensitive” (132).
Moreover, instating the right to choose also facilitates the incentive for people to speak out against an unruly leader. When a large mass of civilians disagrees or is concerned with a party’s implementation of policies, they can extract their title from them. Just because a party is elected, does not mean that they will remain in power for the entire duration originally allotted to them. The presence of foreseeable change is crucial to a societies degree of satisfaction associated with their current governmental system. Alteration gives democracy the upper hand. For example, in Spain in 1982, when Prime Minister Leopolodo Calvo Sotelo completely terminated the party that supported what the people wanted, the people in office forcibly made him resign.
Value is a concept that has played a major role in the development of political economy and mainstream economics, however, in today’s context it is not often discussed. This being true, the debate surrounding value and how to define it remains an important one for today’s society. The debate when looked at from the classical and neoclassical perspective centres on whether value is inherent or whether it is an outcome of human desires, comparing Ricardo’s labour theory of value and Smith’s adding up theory with the neoclassical school’s focus on demand and supply, marginal utility and equilibrium price given maximising individuals. The classical model, especially with its focus on scarcity is strong, however, it is the neoclassical argument that is most relevant today as it complements the highly globalised and technological economy of the present day.
Value, as defined by Smith, “has two different meanings, and sometimes, expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys.” He further clarifies these values as ‘value in use’ and ‘value in exchange,’ defined as the value an individual receives from the use of a good and the value an individual would pay for or would be willing to sell a good for, respectively. The chapter consist of three main goals, Smith endeavored to show “what is the real measure of this exchangeable value,” “what are the real parts of which this real price is composed,” and “what are the different circumstances which sometimes raise some or all of these different parts of price above, and sometimes sink them below their natural or ordinary rate.”
The difference between back then and the society we live in today, is that there are now many things that money can actually buy. By exploring the Good Life, the topic of economic value comes to mind and the question that permeates is if that thing should or should not have an economic value. It is crazy to think about some of the things that people charge others that do not have any real significance. For instance, Michael Sandel pointed how in some cities, non-violent offenders can pay ninety dollars a night for a prison-cell upgrade. That is an example to me that seems very pointless because if a person is a criminal why should his or hers economic status put them to a greater advantage than anybody else in that prison. Drawing from the content from this week’s readings I believe that certain things should contain more economic value than other. For instance things like the internet, adoptions, health care, education, and parking are things to me that have economic value, but really shouldn't. On the contrary, things that should have economic value are things like the preservation of the environment, museums, and recreational and national parks.