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on voting - A Public Choice Approach (Hardcover)
Loot Price: R3,253
Discovery Miles 32 530
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on voting - A Public Choice Approach (Hardcover)
Series: The Locke Institute series
Expected to ship within 12 - 17 working days
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In this important new book, Gordon Tullock, a founding father of
the public choice school, provides a formal analysis of the
foundations of decision making. Voting procedures are crucial to
Western democratic governments but are also employed in dictatorial
governments, private clubs, corporations and religious
organizations. This comprehensive book examines the many techniques
of voting and the different outcomes in different situations.
Gordon Tullock's analysis begins by using a simple model in which
individuals vote in terms of their own preferences. It is assumed
that the voters are well informed, their preferences are reasonably
firm and there are no trades or bargains made among voters. These
assumptions are then relaxed in order to make the analysis more
realistic. Special attention is given to Arrow's work and the idea
that people do not always vote according to simple preferences. The
author discusses the phenomenon of 'throwing a vote away' or the
possibility of an individual voting against their preference if
offered something in return. After considering strategic voting,
situations where voters engage in trades between one another and
the lack of perfect information, Gordon Tullock examines a voter's
options and the idea that individuals may rank options in degrees
of their preferred outcomes. He also explores the possibility of
preferences changing over time, why some issues are put up to vote
and others are not, and situations where individuals voting with
the same preferences, but in different voting systems, result in
different outcomes. On Voting expands present thinking in the
Public Choice school and provides a forum for creating new
paradigms in the school as well as changing the focus and scope of
current studies. It encourages new research by suggesting areas
where more work should be done. The book will be of special
interest to political scientists as well as those interested in
public policy and political economy.
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