Public choice analysis of economic policy
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Public choice analysis of economic policy

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Published by St. Martin"s Press in New York .
Written in

Subjects:

  • Social choice -- Congresses,
  • Economic policy -- Congresses

Book details:

Edition Notes

Statementedited by K. Alec Chrystal and Rupert Pennant-Rea
GenreCongresses
ContributionsChrystal, K. Alec, 1946-, Pennant-Rea, Rupert, British Association for the Advancement of Science. Section F (Economics)
Classifications
LC ClassificationsHB846.8 .P825 2000
The Physical Object
Paginationxxiii, 226 p. :
Number of Pages226
ID Numbers
Open LibraryOL16976437M
ISBN 100312221371, 0312222521
LC Control Number98055205

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Policy Analysis and Public Choice is an important selection of articles written by William A. Niskanen over the last thirty years. The volume represents two quite different disciplines to which Niskanen has made a major contribution: policy analysis and public by: 8.   This book is a collection of papers (several of which were originally presented at a symposium), including some written by the founders of Public Choice theory, James M. Buchanan and Gordon Tullock. The editors write in the first paper, "Public choice analysis is to governments what economic analysis is to by: This book - the second of two volumes- looks at episodes in American economic history from a public choice perspective. Each chapter discusses citizens, special interests, and government officials responding to economic incentives in both markets and politics. Introduction This book - the second of two volumes- looks at episodes in American economic history from a public choice perspective. Each chapter discusses citizens, special interests, and government officials responding to economic incentives in both markets and politics.

  A critical analysis of public policy decisions requires a far greater depth of knowledge than one receives from news reports and political speeches. Issues such as how best to reduce traffic congestion, reduce acid rain, improve airline safety or develop a parcel of land are better understood by organizing, measuring and weighing the effects of 4/5(3). Public Choice has been defined as the application of the methodology of economics to the study of politics. This definition suggests that public choice is an inherently interdisciplinary field. Public Choice scholars, anyone who appreciates strong policy analysis, and readers interested in political economy should put this book on their reading list. Bruce Yandle Bruce Yandle is dean emeritus of Clemson University's College of Business & Behavioral Science and alumni distinguished professor of economics emeritus at Clemson. Traditional public finance provides a powerful framework for policy analysis, but it relies on a model of human behavior that the new science of behavioral economics increasingly calls into question.

Public economics In the broadest interpretation, public economics is the study of economic policy, with particular emphasis upon taxation. The subjecttherefore encompasses top-ics as diverse as responses to market failure due to the existence of externalities and the determination of optimal social security policies. This characterization. “Public choice is the economic analysis of nonmar ket decision. second edition of Arrow’s book Social Choice and Individual Values () created a. huge impact. An alternative approach to economic policy and complementary to that of Sandiford/Rossmiller is contained particularly in the writings of Professor James Buchanan. In his book The Limits of Liberty - Between Anarchy and Leviathan' he puts forward a contractarian theory of public choice. Public choice applies the theories and methods of economics to the analysis of political behavior, an area that was once the exclusive province of political scientists and sociologists. Public choice originated as a distinctive field of specialization a half century ago in the works of its founding fathers, Kenneth Arrow, Duncan Black, James Buchanan, Gordon [ ].