Concept information
Preferred term
public choice economics
Definition
- Public choice refers to that area of economics devoted to the study of politics using the methods supplied by economic science. As in other applications of economics, a representative individual is the basic building block of public choice analysis—in this case, a representative voter, politician, bureaucrat, regulator, or lobbyist. [Source: The Encyclopedia of Libertarianism; Public Choice Economics]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/public_choice_economics
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