Economics Dictionary of ArgumentsHome
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| Public choice: Public choice theory applies economic analysis to political decision-making. It examines how individuals' self-interest and incentives influence public policy outcomes, elections, and government actions. This theory suggests that politicians, voters, and bureaucrats act rationally to maximize their own interests, shaping government behavior and policies, often leading to an understanding of public decision-making through an economic lens.
See also Rationality, Decisions, Decision-making processes, Decision theory, Politics, Economy, Behavioral economics._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Mancur Olson on Public Choice - Dictionary of Arguments
Brocker I 484 Public choice/behavioural economics/Olson: Olson (...) is being wronged if one characterizes him as a representative of a rational choice position that leaves no room for other motives of individual action besides rationality and self-interest. >Rational choice, >Public choice theory. Olson states that "a theory of irrational behavior that leads to class action could be relevant in some cases. Sociologically determined class differences could lead individuals to act in a class-oriented manner for irrational and emotional reasons".(1) 1. Mancur Olson, The Logic of Collective Action: Public Goods and the Theory of Groups, Cambridge, Mass. 1965. Dt.: Mancur Olson, Die Logik des kollektiven Handelns: Kollektivgüter und die Theorie der Gruppen, Tübingen 1998 (zuerst 1968)., S. 107. Johannes Marx, „Mancur Olson, Die Logik des kollektiven Handelns“, in: Manfred Brocker (Hg.) Geschichte des politischen Denkens. Das 20. Jahrhundert. Frankfurt/M. 2018_____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconOlson I Mancur Olson The logic of collective action: Public goods and the theory of groups Cambridge 1965 Brocker I Manfred Brocker Geschichte des politischen Denkens. Das 20. Jahrhundert Frankfurt/M. 2018 |
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> Counter arguments against Olson
> Counter arguments in relation to Public Choice
