The Buchanan-Tullock Model: Some Extensions
In their seminal work, The Calculus of Consent (1962), Buchanan and Tullock develop a decision model which embodies fundamental relationships relevant to institutional choices. However, the Buchanan-Tullock model remains "general," thus inviting others to specify details and to develop extensions. The present paper seeks to explicate this important model so as to clarify the framework in certain important ways and then to extend the model by introducing explicit considerations of such dimensions as group size and group preference heterogeneity as explicit variables.
|Date of creation:||22 Jan 1980|
|Publication status:||Published in Public Choice 1.36(1981): pp. 179-186|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
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