6 Pages Posted: 14 Jun 2012
Date Written: June 14, 2012
In this brief comment, the public choice theory aims to distinguish the dilemmas and conflicts in formal and empirical. The hypothesis argues that the reality more complex than the principles of choice of Pareto and Liberalism. Both the ethics and politics are taking decisions that are not always in line with the requirements of rationality and complete information.
Keywords: public choice theory, public election, rational choice, social welfare, economic psychology
JEL Classification: D70, D71, H41, D82, C72
Suggested Citation: Suggested Citation