Public Choice Theory

GPTKB entity

Statements (54)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
political science theory
gptkbp:analyzes behavior of bureaucrats
behavior of interest groups
behavior of politicians
behavior of voters
gptkbp:awarded James M. Buchanan Nobel Prize in Economics 1986
gptkbp:criticizedFor assumption of benevolent government
gptkbp:field economics
political science
gptkbp:focusesOn collective decision-making
application of economic methods to political processes
gptkbp:hasConcept self-interest
voting systems
government failure
rent-seeking
principal-agent problem
logrolling
rational choice
https://www.w3.org/2000/01/rdf-schema#label Public Choice Theory
gptkbp:notableWork gptkb:The_Calculus_of_Consent
gptkbp:originatedIn gptkb:Gordon_Tullock
gptkb:James_M._Buchanan
gptkbp:relatedTo game theory
political economy
social choice theory
constitutional economics
gptkbp:studies gptkb:government
gptkb:legislation
taxation
majority rule
minority rights
collective bargaining
political corruption
lobbying
externalities
public goods
policy outcomes
special interest groups
median voter theorem
coalition formation
free rider problem
government inefficiency
bureaucratic behavior
political incentives
collective action problems
constitutional rules
political entrepreneurship
political market
public sector decision-making
rational ignorance
voter ignorance
gptkbp:bfsParent gptkb:Marginal_Revolution_blog
gptkbp:bfsLayer 7