political outcomes

Why Is Awareness Of Public Choice So Important?

by

Why Is Awareness Of Public Choice So Important? Public choice theory is often used to explain how political decision-making results in outcomes that conflict with the preferences of the general public. … The politician pays little or no cost to gain these benefits, as he is spending public money. Special-interest lobbyists are also behaving rationally.

What Is Public Choice Principle?

by

What Is Public Choice Principle? Public choice, or public choice theory, is “the use of economic tools to deal with traditional problems of political science”. … Since voter behavior influences the behavior of public officials, public-choice theory often uses results from social-choice theory. What is public choice theory quizlet? Public Choice Theory. defined as the