Rational Democracy: A Political System for Universal Interest

35 Pages Posted: 9 Aug 2011

See all articles by Pak-Hung Mo

Pak-Hung Mo

Hong Kong Baptist University (HKBU)

Date Written: August 9, 2008


In this paper, we formulate a political system that can satisfy certain desirable characteristics, namely: 1. democratic participation 2. serving for universal interest 3. public sector efficiency 4. sustainability by incentive compatibility and virtuous cycles. It is a political structure that serves the people, rules by rationality, strives for efficiency and is sustainable. The system comprises a set of institutions and organizations that provide incentives and support for the participants to enhance universal interest.

Suggested Citation

Mo, Pak-Hung, Rational Democracy: A Political System for Universal Interest (August 9, 2008). Available at SSRN: https://ssrn.com/abstract=1907105 or http://dx.doi.org/10.2139/ssrn.1907105

Pak-Hung Mo (Contact Author)

Hong Kong Baptist University (HKBU) ( email )

Department of Economics
Kowloon, Hong Kong
Hong Kong

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