Encyclopedia > Public Choice Theory

  Article Content

Public choice theory

Redirected from Public Choice Theory

Public choice theory is a social science that studies the decision-making behaviors of government officials from the perspective of economic theory. Its most noted advocate is James M. Buchanan who won The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for his work on public choice theory.

Public choice theory is closely related to rational choice theory.



All Wikipedia text is available under the terms of the GNU Free Documentation License

 
  Search Encyclopedia

Search over one million articles, find something about almost anything!
 
 
  
  Featured Article
1st World War

... and marched with impunity across the Ukraine, the new government acceeded to the Treaty of Brest-Litovsk on March 3, 1918, which took Russia out of the war and ceded vas ...