Michael Wallerstein was a leader in developing a rigorous comparative political economy approach to understanding substantive issues of inequality, redistribution, and wage-determination. His early death from cancer left both a hole in the profession and a legacy that will surely provide the foundation for research on these topics. This volume collects his most important and influential contributions, organized by topic, with each topic preceded by an editorial introduction that provides overview and context.

Social choices, about expenditures on government programs, or about public policy more broadly, or indeed from any conceivable set of alternatives, are determined by politics. This book is a collection of essays that tie together the fields spanned by Jeffrey S. Banks' research on this subject. It examines the strategic aspects of political decision-making, including the choices of voters in committees, the positioning of candidates in electoral campaigns, and the behavior of parties in legislatures. The chapters of this book contribute to the theory of voting with incomplete information, to the literature on Downsian and probabilistic voting models of elections, to the theory of social choice in distributive environments, and to the theory of optimal dynamic decision-making. The essays employ a spectrum of research methods, from game-theoretic analysis, to empirical investigation, to experimental testing.

"A major piece of work . . . a classic. There is no
other book like it."
--Norman Schofield, Washington University
"The authors succeed brilliantly in tackling a large
number of important questions concerning the
interaction among voters and elected representatives
in the political arena, using a common, rigorous
language."
--Antonio Merlo, University of Pennsylvania
"Positive Political Theory II: Strategy and Structure"
is the second volume in Jeffrey Banks and David
Austen-Smith's monumental study of the links
between individual preferences and collective choice.
The book focuses on representative systems, including
both elections and legislative decision-making
processes, clearly connecting individual preferences to
collective outcomes. This book is not a survey. Rather,
it is the coherent, cumulative result of the authors'
brilliant efforts to indirectly connect preferences to
collective choice through strategic behaviors such as
agenda-selection and voting.
The book will be an invaluable reference and teaching
tool for economists and political scientists, and an
essential companion to any scholar interested in the
latest theoretical advances in positive political theory.

Social choices, about expenditures on government programs, or about public policy more broadly, or indeed from any conceivable set of alternatives, are determined by politics. This book is a collection of essays that tie together the fields spanned by Jeffrey S. Banks' research on this subject. It examines the strategic aspects of political decision-making, including the choices of voters in committees, the positioning of candidates in electoral campaigns, and the behavior of parties in legislatures. The chapters of this book contribute to the theory of voting with incomplete information, to the literature on Downsian and probabilistic voting models of elections, to the theory of social choice in distributive environments, and to the theory of optimal dynamic decision-making. The essays employ a spectrum of research methods, from game-theoretic analysis, to empirical investigation, to experimental testing.

Michael Wallerstein was a leader in developing a rigorous comparative political economy approach to understanding substantive issues of inequality, redistribution, and wage-determination. His early death from cancer left both a hole in the profession and a legacy that will surely provide the foundation for research on these topics. This volume collects his most important and influential contributions, organized by topic, with each topic preceded by an editorial introduction that provides overview and context.