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Public choice theory

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Public choice in economic theory is the use of modern economic tools to study problems that are traditionally in the province of political science. (A more general term is 'political economy', an earlier name for 'economics' that evokes its practical and theoretical origins but should not be mistaken for the Marxian use of the same term.) In particular, it studies the behavior of voters,... Read enhanced Wikipedia article
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    Public choice theory

    Public choice in economic theory is the use of modern economic tools to study problems that are traditionally in the province of political science. (A more general term is 'political economy', an earlier name for 'economics' that evokes its practical and theoretical origins but should not be mistaken for the Marxian use of the same term.)
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    Category:Public choice theory

    Public choice theory Political economy
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    Rational choice theory

    Public choice theory ... Pathologies of Rational Choice Theory: A Critique of Applications in Political Science.
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    Development economics

    Of the three, both the free-market approach and public-choice theory contend that the market should be totally free, meaning that any intervention by the government is necessarily bad.
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    James M. Buchanan

    Public choice is then divided between pre- and post-constitutional phases. ... Public Choice Theory
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    The Trap (television documentary series)

    James M. Buchanan, Nobel economist famous for Public choice theory
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    Social choice theory

    A related field is public choice theory. ... Welfare Economics and Social Choice Theory, 2nd ed. ISBN 0387293671, ISBN 9780387293677 Arrow-serachable chapter previews.
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    Politician

    Public Choice Theory involves the use of modern economic tools to study problems that are traditionally in the province of political science.
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    List of economics topics

    Parable of the broken window - Pareto efficiency - Participatory economics - Patterson equilibrium - Peltzman Effect - Perfect competition - Petrocurrency - Phillips curve - Pigovian tax - Policy Ineffectiveness Proposition - Political economy - Poverty - Poverty level - Preference - Price discrimination - Price elasticity of demand - Price points - Price specie flow mechanism - Principal-agent problem - Principles of Economics - Prisoner's dilemma - Product bundling - Production, costs, and pricing - Production function - Production possibility frontier - Production theory basics - Productivism - Productivity - Profit maximization - Property rights - Prospect theory - Public choice theory - Public bad - Public debt - Public good - Purchasing power parity
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    Capture (politics)

    In public choice theory and political science, capture is said to occur when bureaucrats or politicians, who are supposed be acting in the public interest, end up acting systematically to favor particular vested interests.

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Public choice theory