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Public choice, or public choice theory, is "the use of economic tools to deal with traditional problems of political science." [ 1 ] It includes the study of political behavior .
Niskanen was a prominent contributor to public choice theory, a field of both economics and political science that examines the behavior of politicians and other government officials. Public choice eschewed the traditional notion that these agents are motivated by selfless interest in the public good, and instead considered them as typically ...
James McGill Buchanan Jr. (/ b juː ˈ k æ n ə n / bew-KAN-ən; October 3, 1919 – January 9, 2013) was an American economist known for his work on public choice theory [1] originally outlined in his most famous work, The Calculus of Consent, co-authored with Gordon Tullock in 1962.
Pages in category "Public choice theory" The following 60 pages are in this category, out of 60 total. This list may not reflect recent changes. *
The latter would form the basis of the Virginia school of thought, as the foundational text in public choice theory. In 1969, Buchanan, Tullock, and Charles J. Goetz established the Center for Study of Public Choice at Virginia Tech, which moved with them to George Mason University in 1983.
The budget-maximizing model is a stream of public choice theory and rational choice analysis in public administration inaugurated by William Niskanen.Niskanen first presented the idea in 1968, [1] and later developed it into a book published in 1971. [2]
Anthony Downs (November 21, 1930 – October 2, 2021) was an American economist specializing in public policy and public administration.His research focuses included political choice theory, rent control, affordable housing, and transportation economics.
The Calculus of Consent: Logical Foundations of Constitutional Democracy is a book published by economists James M. Buchanan and Gordon Tullock in 1962. It is considered to be one of the classic works from the discipline of public choice in economics and political science.