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Public Choice: A Survey

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  • Charles B. Blankart

Abstract

Public Choice is the merger between political science and economics. In the introductory sections of this survey it is investigated what we can expect from the logic of public choice. How far is it able to produce consistent results? Is public choice consistent with liberty? What can be done to reconcile these core principles? In the later, more applied sections, several forms of democracies in unitary and federal states are investigated. The dynamics of public choice are considered in the theory of the political business cycle. The survey ends with some thoughts on public choice in the euro crisis.

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  • Charles B. Blankart, 2013. "Public Choice: A Survey," CESifo Working Paper Series 4102, CESifo.
    • Handle: RePEc:ces:ceswps:_4102
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    References listed on IDEAS

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    1. Charles M. Tiebout, 1956. "A Pure Theory of Local Expenditures," Journal of Political Economy, University of Chicago Press, vol. 64, pages 416-416.
    2. Charles B. Blankart & Gerrit B. Koester, 2006. "Political Economics versus Public Choice," Kyklos, Wiley Blackwell, vol. 59(2), pages 171-200, May.
    3. Frey, Bruno S & Schneider, Friedrich, 1978. "An Empirical Study of Politico-Economic Interaction in the United States," The Review of Economics and Statistics, MIT Press, vol. 60(2), pages 174-183, May.
    4. Kramer, Gerald H, 1973. "On a Class of Equilibrium Conditions for Majority Rule," Econometrica, Econometric Society, vol. 41(2), pages 285-297, March.
    5. Alois Stutzer, 2008. "Bureaucratic Rents and Life Satisfaction," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 24(2), pages 476-488, October.
    6. Coughlin, Peter & Nitzan, Shmuel, 1981. "Electoral outcomes with probabilistic voting and Nash social welfare maxima," Journal of Public Economics, Elsevier, vol. 15(1), pages 113-121, February.
    7. Weingast, Barry R, 1995. "The Economic Role of Political Institutions: Market-Preserving Federalism and Economic Development," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 11(1), pages 1-31, April.
    8. Anthony Downs, 1957. "An Economic Theory of Political Action in a Democracy," Journal of Political Economy, University of Chicago Press, vol. 65, pages 135-135.
    9. Alberto Alesina, 1987. "Macroeconomic Policy in a Two-Party System as a Repeated Game," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(3), pages 651-678.
    10. Charles Blankart & Dennis Mueller, 2004. "The Advantages of Pure Forms of Parliamentary Democracy over Mixed Forms," Public Choice, Springer, vol. 121(3), pages 431-453, February.
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    More about this item

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General

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