Logic And Effects Of Rational Ignorance The Theory Of Public Choice
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Author | : Roger D. Congleton |
Publisher | : |
Total Pages | : 1017 |
Release | : 2019 |
Genre | : Business & Economics |
ISBN | : 0190469773 |
The Oxford Handbook of Public Choice provides a comprehensive overview of the research in economics, political science, law, and sociology that has generated considerable insight into the politics of democratic and authoritarian systems as well as the influence of different institutional frameworks on incentives and outcomes. The result is an improved understanding of public policy, public finance, industrial organization, and macroeconomics as the combination of political and economic analysis shed light on how various interests compete both within a given rules of the games and, at times, to change the rules. These volumes include analytical surveys, syntheses, and general overviews of the many subfields of public choice focusing on interesting, important, and at times contentious issues. Throughout the focus is on enhancing understanding how political and economic systems act and interact, and how they might be improved. Both volumes combine methodological analysis with substantive overviews of key topics. This second volume examines constitutional political economy and also various applications, including public policy, international relations, and the study of history, as well as methodological and measurement issues. Throughout both volumes important analytical concepts and tools are discussed, including their application to substantive topics. Readers will gain increased understanding of rational choice and its implications for collective action; various explanations of voting, including economic and expressive; the role of taxation and finance in government dynamics; how trust and persuasion influence political outcomes; and how revolution, coups, and authoritarianism can be explained by the same set of analytical tools as enhance understanding of the various forms of democracy.
Author | : Rodrigue Bienvenue Nanfack |
Publisher | : GRIN Verlag |
Total Pages | : 22 |
Release | : 2016-04-01 |
Genre | : Business & Economics |
ISBN | : 3668185042 |
Essay from the year 2010 in the subject Economics - Other, grade: 3, University of Münster (Institut für Ökonomische Bilödung), course: Public Choice Theory, language: English, abstract: Many political failure arguments implicitly assume that voters are irrational. The main part of this paper is going to show that this assumption is plausible. This paper will show why voters prefer to be ignorant, what logic motivates this behavior, what effects this ignorance could or may have in election results. The focus of this paper is to try to understand what issue those behaviors may bring to electoral systems and to try to demonstrate what irrational ignorance really is. Josh Billings (in Caruth and Ehrlich 1988, P.205) said “The trouble with people is not that they don’t know, but that they know so much that they ain’t so”; arguing with this citation, we could conclude that rational ignorance does not happen because of a lack of information, but because of a voluntary refusal of being informed. The subject won’t be informed because he doesn’t see any use in this information. Rational ignorance occurs when the cost of educating oneself on an issue exceeds the potential benefit that the knowledge would provide. Rational ignorance can be found most often in the case of general elections, when the voter considers the probability of his vote changing the outcome to be pretty small. Those voters will definitely not cast their vote.
Author | : Bernard Grofman |
Publisher | : University of Michigan Press |
Total Pages | : 298 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : 9780472083435 |
A review of the consequences for political science of Anthony Downs's seminal work.
Author | : Ryan H. Murphy |
Publisher | : Rowman & Littlefield |
Total Pages | : 231 |
Release | : 2019-11-08 |
Genre | : Business & Economics |
ISBN | : 1498591191 |
In Markets Against Modernity, economist Ryan Murphy documents a clear continuity between the systematic errors people make in their personal lives and the gaps between public opinion and informed opinion. These errors cluster around specific divergences between how the modern world’s institutions function—including global markets, pluralistic democracy, and even science itself—and how evolution trained our brains to understand the nature of economic relationships, social relationships, and humanity’s relationship to the physical world. Murphy calls these systematic divergences Ecological Irrationality. Exploring them leads him to even more prickly questions—and to conclusions that may challenge the beliefs of those who understand that, for instance, modern vaccines are safe and effective. Do we actually want a less cohesive society? Is doing a task yourself financially prudent? And if we recognize an expert consensus, is there even a way to implement it and achieve the desired effects?
Author | : Alexander A. Schuessler |
Publisher | : Princeton University Press |
Total Pages | : 198 |
Release | : 2000-10-29 |
Genre | : Political Science |
ISBN | : 9780691006628 |
Alexander Schuessler has done what many deemed impossible: he has wedded rational choice theory and the concerns of social theory and anthropology to explain why people vote. The "paradox of participation"--why individuals cast ballots when they have virtually no effect on electoral outcomes--has long puzzled social scientists. And it has particularly troubled rational choice theorists, who like to describe political activity in terms of incentives. Schuessler's ingenious solution is a "logic of expressive choice." He argues in incentive-based (or "economic") terms that individuals vote not because of how they believe their vote matters in the final tally but rather to express their preferences, allegiances, and thus themselves. Through a comparative history of marketing and campaigning, Schuessler generates a "jukebox model" of participation and shows that expressive choice has become a target for those eliciting mass participation and public support. Political advisers, for example, have learned to target voters' desire to express--to themselves and to others--who they are. Candidates, using tactics such as claiming popularity, invoking lifestyle, using ambiguous campaign themes, and shielding supporters from one another can get out their vote even when it is clear that an election is already lost or won. This important work, the first of its kind, will appeal to anyone seeking to decipher voter choice and turnout, social movements, political identification, collective action, and consumer behavior, including scholars, graduate students, and upper-level undergraduates in political science, economics, sociology, anthropology, and marketing. It will contribute greatly to our understanding and prediction of democratic participation patterns and their consequences.
Author | : James M. Buchanan |
Publisher | : University of Michigan Press |
Total Pages | : 388 |
Release | : 1965 |
Genre | : Decision-making |
ISBN | : 9780472061006 |
A scientific study of the political and economic factors influencing democratic decision making
Author | : Tibor Rutar |
Publisher | : Routledge |
Total Pages | : 227 |
Release | : 2021-09-22 |
Genre | : Political Science |
ISBN | : 1000440885 |
Drawing on a range of data from across disciplines, this book explores a series of fundamental questions surrounding the nature, working and effects of democracy, considering the reasons for the emergence and spread of democratic government, the conditions under which it endures or collapses – and the role of wealth in this process – and the peaceful nature of dealings between democracies. With emphasis on the ‘ordinary’ voter, the author employs rational choice theory to examine the motivations of voters and their levels of political knowledge and rationality, as well as the special interests, incentives and corruption of politicians. A theoretically informed and empirically illustrated study of the birth and downfall of democracies, the extent of voters’ political knowledge and ignorance, the logic of political behaviour in both open and closed regimes, and the international effects of democratic rule, Rational Choice and Democratic Government: A Sociological Approach will appeal to scholars with interests in political sociology, political psychology, economics and political science.
Author | : Roger D. Congleton |
Publisher | : |
Total Pages | : 985 |
Release | : 2019 |
Genre | : Business & Economics |
ISBN | : 0190469730 |
"This two-volume collection provides a comprehensive overview of the past seventy years of public choice research, written by experts in the fields surveyed. The individual chapters are more than simple surveys, but provide readers with both a sense of the progress made and puzzles that remain. Most are written with upper level undergraduate and graduate students in economics and political science in mind, but many are completely accessible to non-expert readers who are interested in Public Choice research. The two-volume set will be of broad interest to social scientists, policy analysts, and historians"--
Author | : Ilya Somin |
Publisher | : Stanford University Press |
Total Pages | : 277 |
Release | : 2013-10-02 |
Genre | : Law |
ISBN | : 0804789312 |
One of the biggest problems with modern democracy is that most of the public is usually ignorant of politics and government. Often, many people understand that their votes are unlikely to change the outcome of an election and don't see the point in learning much about politics. This may be rational, but it creates a nation of people with little political knowledge and little ability to objectively evaluate what they do know. In Democracy and Political Ignorance, Ilya Somin mines the depths of ignorance in America and reveals the extent to which it is a major problem for democracy. Somin weighs various options for solving this problem, arguing that political ignorance is best mitigated and its effects lessened by decentralizing and limiting government. Somin provocatively argues that people make better decisions when they choose what to purchase in the market or which state or local government to live under, than when they vote at the ballot box, because they have stronger incentives to acquire relevant information and to use it wisely.
Author | : Anthony Downs |
Publisher | : New York : Harper |
Total Pages | : 330 |
Release | : 1957 |
Genre | : Business & Economics |
ISBN | : |
This book seeks to elucidate its subject-the governing of democratic state-by making intelligible the party politics of democracies. Downs treats this differently than do other students of politics. His explanations are systematically related to, and deducible from, precisely stated assumptions about the motivations that attend the decisions of voters and parties and the environment in which they act. He is consciously concerned with the economy in explanation, that is, with attempting to account for phenomena in terms of a very limited number of facts and postulates. He is concerned also with the central features of party politics in any democratic state, not with that in the United States or any other single country.