Five Questions: An Integrated Research Agenda for Public Choice
All societies, political or academic, must choose among alternatives; these choices can be good, or bad. The worst choice may be looking for "answers" before there is consensus, or at least a debate, on what the real questions should be. Five "real" questions are offered here, in an integrated research agenda for Public Choice. My premise is that there is a single, fundamental human problem: Construct or preserve institutions that make self-interested individual action not inconsistent with group welfare. All social science research is either a distraction, or a step toward understanding at least one of five questions. (1) What are preferences? (2) What are feasible alternatives? (3) How much does the form of implementation affect the way alternatives are valued? (4) How do alternatives chosen today affect the menu of alternatives available in the future? (5) What is good? How would we know if some outcomes are better than others? Copyright 2000 by Kluwer Academic Publishers
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- Denzau, Arthur T & North, Douglass C, 1994.
"Shared Mental Models: Ideologies and Institutions,"
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- Buchanan, James M, 1975. "A Contractarian Paradigm for Applying Economic Theory," American Economic Review, American Economic Association, vol. 65(2), pages 225-30, May.
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