Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...

Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional welfare economics, between the motivational assumptions of market participants and policymakers: Those who played the game of politics should also be considered rational and...

Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional welfare economics, between the motivational assumptions of market participants and policymakers: Those who played the game of politics should also be considered rational and...

Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That's what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who played...

Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional welfare economics, between the motivational assumptions of market participants and policymakers: Those who played the game of politics should also be considered rational and...

Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...

Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That's what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who played...

In explaining individual behavior in politics, economists should rely on the same motivational assumptions they use to explain behavior in the market: That is what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard...