201 exam 1

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6 Terms

1
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tragedy of the commons

overcomsumption of common goods

2
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free rider problem

underinvestment in public goods

3
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moral hazard

when the purchase of a good affects the consumers behavior which changes the cost/benefit of the good

4
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Democratic responsiveness

occurs when the democratic process induces the government to form and implement policies that citizens want

5
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representation

in the context of MUNICIPAL policy

as viewed through the lens of the "urban growth machine," often skews towards the interests of elite groups

6
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growth coalitions

part of molotch’s theory on urban growth machines

consist of people who have the time and resources to participate in local politics, have particular interests in political decisions around property, share a desire for urban growth and development.