Economics Dictionary of ArgumentsHome![]() | |||
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Collective Choice - Economics Dictionary of Arguments | |||
Collective choice: Collective choice in economics refers to decision-making processes where groups, rather than individuals, make choices—typically through voting or political mechanisms. It studies how preferences are aggregated to determine public policies, laws, or resource allocations, and is central to public choice theory. See also Group behavior, Voting, Public Choice, Rational Choice, Individualism, Communitarianism._____________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. | |||
Author | Item | More concepts for author | |
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Buchanan, James M. | Collective Choice | Buchanan, James M. | |
Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-07-20 |