Democracy and welfare economics
Author(s)
Bibliographic Information
Democracy and welfare economics
Cambridge University Press, c1993
2nd ed
- : hardback
- : pbk
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Note
Includes bibliographical references (p. 191-203) and index
Description and Table of Contents
Description
This is a fully revised and updated version of Hans van der Doel's Democracy and Welfare Economics. It presents the economic theory of political decision-making (otherwise knownn as new political economy, or public choice), providing students with an accessible and clear introduction to this important subject. The authors identify four different methods of decision-making by which the political process transforms the demands of individual citizens into government policy and public goods and services: negotiation, majority decision, representations and bureaucratic implementation. These are analysed, in turn, as independent decision-making models whose effectiveness is examined with reference to economic theory. A final chapter draws conclusions from this analysis, arguing that the size of the public sector is a result of forces that work in different directions at different stages of the political process.
Table of Contents
- Preface
- 1. Economics and politics
- 2. Welfare and welfare optimum
- 3. Negotiation
- 4. Majority decision
- 5. Representation
- 6. Implementation
- 7. The political process
- Notes
- References
- Index.
by "Nielsen BookData"
