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The two volume Oxford Handbook of Public Choice provides a comprehensive overview of the Public Choice literature. Volume 1 covers rational choice models of elections, interest groups, rent seeking, and public choice contributions to normative political economy. It begins with introductory...
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The two volume Oxford Handbook of Public Choice provides a comprehensive overview of the Public Choice literature. Volume 2 covers constitutional political economy and applications of public-choice models to various policy areas. Part V has chapters on the architecture of governance, the theory...
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Consider a group of people confronted with a dichotomous choice (for example, a yes or no decision). Assume that we can characterize each person by a probability, p <Subscript>i</Subscript>, of making the ‘better’ of the two choices open to the group, such that we define ‘better’ in terms of some linear...</subscript>
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In re-analyzing the Ferejohn and Fiorina (1974) examination of ‘rational’ abstention we found that admitting mixed strategies does not affect findings as to the optimal behavior of voters who are expected utility maximizers but does significantly affect our expectations as to behavior of...
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