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Rational Actor Theory in Politics: A Critical Review of John Quiggin

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  • Brennan, Geoffrey
  • Pincus, Jonathan

Abstract

John Quiggin's paper attacks public-choice theory, among other things, for its use of the assumption of "rational egoism." The object of the authors' response is twofold. First, to disting uish egoism from rationality and to indicate that rationality postula tes, when faithfully applied, provide reasons for believing that poli tical behavior and market behavior will be systematically different. Second, to indicate that comparative static propositions in public-ch oice theory can be sustained on rather weaker behavioral assumptions than homo economicus embodies, and that consequently some of the publ ic-choice orthodoxy would survive any attack on the egoism assumption Copyright 1987 by The Economic Society of Australia.

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Bibliographic Info

Article provided by The Economic Society of Australia in its journal The Economic Record.

Volume (Year): 63 (1987)
Issue (Month): 180 (March)
Pages: 22-32

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Handle: RePEc:bla:ecorec:v:63:y:1987:i:180:p:22-32

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Cited by:
  1. William J. Martin, 1990. "Public Choice Theory And Australian Agricultural Policy Reform," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 34(3), pages 189-211, December.
  2. Gebhard Kirchgässner, 2013. "The Weak Rationality Principle in Economics," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 149(I), pages 1-26, March.

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