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1 BEHAVIORAL PUBLIC ECONOMICS AND REGULATION
1 BEHAVIORAL PUBLIC ECONOMICS AND REGULATION

... past in a number of areas, such as central banking or infrastructure industry regulation. The assumption is that these experts have the will and the knowledge to implement whatever policy is best for society. However, behavioral economics teaches us that all agents, including experts, may be vulnera ...
Cap Good – Food
Cap Good – Food

... market to many workers, farmers, and businesses across America, not just to large multinational firms like Boeing, Microsoft, and Motorola, and it could become much more valuable by opening its markets further. China also affects America's security. It could either help to stabilize or destabilize c ...
Slides [pptx]
Slides [pptx]

... • A simple example. Assume 2 generations. The news about the effect of climate change on the second generation can either be “good” or “bad.” At an initial point, the decisionmaker assigns each equal probability. She then learns and, if “bad” news, can mitigate the bad effects (at some cost to the c ...
Social Representations of Democracy; Ideal versus Reality
Social Representations of Democracy; Ideal versus Reality

... Southern European country with a number of particular characteristics but also characteristics shared with other European countries, concerning its political system. In that way, it is possible to compare our results with findings from other studies in Europe. The decision to work with a population ...
Economic Liberalization as Development Policy
Economic Liberalization as Development Policy

... limited as suggested by neo liberal thinkers. Keynesian economic philosophers reaffirmed this fact and suggested interventionism policies as desirable through the manipulation of monetary and fiscal policies for stabilization. The Keynesian argument that refers to a market as not self correcting has ...
Summary of Valdimir Kvints lecture
Summary of Valdimir Kvints lecture

... political freedom is a precursor for higher income per capita, how do we understand the high GDP per capita of countries such as Qatar, Kuwait, Bahrain or Brunei? To answer this question, we must focus on “Freedom of Choice” – the combined impact of economic and market-relations freedoms, more so t ...
A Perspective on Perspectives
A Perspective on Perspectives

... Perspectives on Politics was created in response to this broad intellectual ferment (See Jennifer Hochschild’s careful “Inventing Perspectives on Politics,” in Kristen Monroe, ed., Perestroika! The Raucous Rebellion in Political Science” [2005]). One impulse behind the journal’s founding was the fel ...
Demopolis.*Democracy*before*Liberalism*
Demopolis.*Democracy*before*Liberalism*

... that#democracy#means#the#same#thing#to#everyone.#In#political#theory,#as#in#ordinary# language,#“democracy”#is#a#classic#example#of#an#essentially#contested#political# concept.#It#goes#without#saying#that#there#are#many#definitions#on#offer.3#No#one# definition#is#authoritative#in#the#sense#of#domi ...
1 Student Study Guide for Criminological Theories: Introduction
1 Student Study Guide for Criminological Theories: Introduction

... Chapter 3 Biological and Biosocial Theories Terms Adoption Studies. Studies that have been done with children reared by biological parents compared to their siblings or twins reared by adoptive parents in an attempt to demonstrate a genetic link to criminal behavior. Results have been mixed. Atavis ...
here - UNM Political Science
here - UNM Political Science

... implementation of public policy can be dynamic and complex. Our sociopolitical and economic environments inform public policy through various ways, making some issues such as immigration and abortion for example, quite contentious in the policy realm. Moreover, the ways we construct and analyze publ ...
The multi-trajectory theory of adult firesetting (M
The multi-trajectory theory of adult firesetting (M

... theory as existing at one of three main foci or levels: single factor, multi factor or micro theories. Single factor theories are those that focus on the explanation of a lone factor and its causal relationship with offending (e.g., social learning theory). Multi factor theories, however, unite vari ...
Neoliberalism and the Crisis of Public Institutions
Neoliberalism and the Crisis of Public Institutions

... different institutional orders of global governance. The question is: How should national political communities (states) work with global governance institutions in ways that enhance the effective public capacity of both? »» How is the language of economics used as a language of political argument, ...
Political Business Cycles 40 Years after Nordhaus
Political Business Cycles 40 Years after Nordhaus

... only about their reelection prospects. They exploit the short-term Phillips curve and benefit from the naïve expectations of voters to attain their goal. As voters are concerned about unemployment, the incumbent improves the probability of being reelected by increasing the inflation rate so that the ...
Commentary - SAGE Publications
Commentary - SAGE Publications

... contrary, a non-authoritarian approach means opening up subjective thoughts and feelings to critical interrogation in public spaces, with due attention to context-specific considerations that may make such interrogation unproductive or, indeed, itself a form of injustice (Cooke, 2006: Ch. 6). The qu ...
Why Does Voting Get So Complicated? A Review of
Why Does Voting Get So Complicated? A Review of

... Utility. Each individual has a relative sense of benefit: some outcomes that might occur have more value than other events that might occur (preference ordering). Utility is typically measured as money in economic models, but more generally it could be termed satisfaction. Utility is personal, priva ...
Civic norms, social sanctions and voting turnout
Civic norms, social sanctions and voting turnout

... respondents who were not currently registered to vote and admitted that they rarely if ever voted (the "rarelies"), 61% agreed that higher turnout is good for the country, with more than 80% of these indicating a strong belief (Alderman, 1983). The fact that approximately one-fourth of nonvoters fal ...
PDF
PDF

... result of industries "purchasing" favorable regulations via campaign contributions. Similar ideas were applied to trade policies by Tullock (1967), who recognized that individuals spend resources to gamer the rents created by distorting tariffs. The existence of rent-seeking activity has important w ...
Kent Academic Repository
Kent Academic Repository

... argument). Callero 1994 (discussed in *Beyond Interactionalism versus Structuralism*) and McCall & Simmons 1978 criticize the more structural types of role theory for not taking agency enough into account. The more structural version of role theory is also criticized, for example by Callero 1994 (di ...
David Hume`s Invisible Hand in The Wealth of Nations
David Hume`s Invisible Hand in The Wealth of Nations

... property rights are self-enforcing; that is, even the world were initially common, universal consent for the formation of property would be rational. I have shown elsewhere that Hume exposes an inconsistency in Locke's theory of property; that is, the conditions which are requisite to justify proper ...
Political Economy and the `Modern View` as reflected in the History
Political Economy and the `Modern View` as reflected in the History

... At the meta-theoretical level, however, consensus among classical economists was perhaps more fragile. There was, of course, a degree of agreement at this level, too. Classical economists stress the scientific status of political economy. Following in the footsteps of Adam Smith, or believing that t ...
The Rational and the Reasonable: Social Choice Theory and
The Rational and the Reasonable: Social Choice Theory and

... However, both of these responses are premature. While the reason-giving practices of common law adjudication do not conform to even the most minimal choice-consistency conditions of rational social choice theory, there is, nevertheless, something perfectly reasonable or coherent in what the law does ...
Creating Competitive Markets: The Politics of Market Design
Creating Competitive Markets: The Politics of Market Design

... between a cultivation of the norms of trust, efficacy, and legitimacy, on one hand, and the design of a particular pro-competitive system, on the other. In this volume, John Cioffi explores that relationship by considering how changes in corporate governance under the Sarbanes Oxley Act of 2002 are ...
A REVIEW OF MICROECONOMIC THEORY
A REVIEW OF MICROECONOMIC THEORY

... maximizing something. Maximizing behavior tends to push these individuals and groups towards a point of rest, an equilibrium. They certainly do not intend for an equilibrium to result; instead, they simply try to maximize whatever it is that is of interest to them. Nonetheless, the interaction of ma ...
A Catholic Critique of Law and Economics
A Catholic Critique of Law and Economics

... usefulness “does not imply that an analyst, in thinking about legal policy, should give a notion of fairness independent weight of its own.”26 This principle of strict adherence to the utilitymaximization norm, however, should not be regarded as methodological modesty, or as recognition of a limit ...
Claus Offe Participatory inequality in the austerity state: a supply
Claus Offe Participatory inequality in the austerity state: a supply

... either the relevance of the alternatives (candidates, platforms) between which voters are called upon to decide or the perceived fairness of the procedures according to which the system operates, or both. It would also allow to denounce governing coalitions resulting from low-turnout elections as re ...
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Public choice

Public choice or public choice theory refers to ""the use of economic tools to deal with traditional problems of political science"". Its content includes the study of political behavior. In political science, it is the subset of positive political theory that studies self-interested agents (voters, politicians, bureaucrats) and their interactions, which can be represented in a number of ways - using (for example) standard constrained utility maximization, game theory, or decision theory. Public-choice analysis has roots in positive analysis (""what is"") but is often usedTemplate:By whom? for normative purposes (""“what ought to be"") in order to identify a problem or to suggest improvements to constitutional rules (i.e., constitutional economics).The Journal of Economic Literature's classification code regards public choice as a subarea of microeconomics, under JEL: D7: ""Analysis of Collective Decision-Making"" (specifically, JEL: D72: ""Economic Models of Political Processes: Rent-Seeking, Elections, Legislatures, and Voting Behavior""). Public choice theory is also closely related to social-choice theory, a mathematical approach to aggregation of individual interests, welfares, or votes. Much early work had aspects of both, and both fields use the tools of economics and game theory. Since voter behavior influences the behavior of public officials, public-choice theory often uses results from social-choice theory. General treatments of public choice may also be classified under public economics.
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