Democracy and Welfare Economics (Paperback, 2nd Revised edition)

This is a fully revised and updated version of Hans van der Doel's Democracy and Welfare Economics. It presents the economic theory of political decision-making (otherwise knownn as new political economy, or public choice), providing students with an accessible and clear introduction to this important subject. The authors identify four different methods of decision-making by which the political process transforms the demands of individual citizens into government policy and public goods and services: negotiation, majority decision, representations and bureaucratic implementation. These are analysed, in turn, as independent decision-making models whose effectiveness is examined with reference to economic theory. A final chapter draws conclusions from this analysis, arguing that the size of the public sector is a result of forces that work in different directions at different stages of the political process.

General

Imprint:	Cambridge UniversityPress
Country of origin:	United Kingdom
Release date:	July 1993
First published:	1993
Authors:	Hans Van Den Doel • Ben Van Velthoven
Dimensions:	216 x 140 x 13mm (L x W x T)
Format:	Paperback - Trade
Pages:	228
Edition:	2nd Revised edition
ISBN-13:	978-0-521-43637-3
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Economics > Political economy Promotions
LSN:	0-521-43637-0
Barcode:	9780521436373

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