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Public choice and political philosophy: Reflections on the works of Gordon Spinoza and David Immanuel Buchanan

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  • Hartmut Kliemt

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Abstract

The paper explores some of the surprisingly many relations between theories of public choice and political philosophy. Focusing on variants of Homo oeconomicus it does so systematically rather than historically. But it factors in the history of the two disciplines along with some recent developments in (experimental) economics. This sheds new light on the counterfactual assumption that in politics everybody should be supposed to be a knave and suggests that we better seek factually sound behavioral foundations for Public Choice. Copyright Springer Science + Business Media, Inc. 2005

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File URL: http://hdl.handle.net/10.1007/s11127-005-3416-5
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Bibliographic Info

Article provided by Springer in its journal Public Choice.

Volume (Year): 125 (2005)
Issue (Month): 1 (July)
Pages: 203-213

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Handle: RePEc:kap:pubcho:v:125:y:2005:i:1:p:203-213

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Web page: http://www.springerlink.com/link.asp?id=100332

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  1. Guth, Werner & Schmittberger, Rolf & Schwarze, Bernd, 1982. "An experimental analysis of ultimatum bargaining," Journal of Economic Behavior & Organization, Elsevier, vol. 3(4), pages 367-388, December.
  2. Gode, Dhananjay K & Sunder, Shyam, 1993. "Allocative Efficiency of Markets with Zero-Intelligence Traders: Market as a Partial Substitute for Individual Rationality," Journal of Political Economy, University of Chicago Press, vol. 101(1), pages 119-37, February.
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Cited by:
  1. U. Witt & C. Schubert, 2008. "Constitutional Interests in the Face of Innovations: How Much Do We Need to Know about Risk Preferences?," Papers on Economics and Evolution 2008-03, Max Planck Institute of Economics, Evolutionary Economics Group.

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