Download or read book Collective Decision Making written by Norman Schofield and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last decade the techniques of social choice theory, game theory and positive political theory have been combined in interesting ways so as to pro vide a common framework for analyzing the behavior of a developed political economy. Social choice theory itself grew out of the innovative attempts by Ken neth Arrow (1951) and Duncan Black (1948, 1958) to extend the range of economic theory in order to deal with collective decision-making over public goods. Later work, by William Baumol (1952), and James Buchanan and Gordon Tullock (1962), focussed on providing an "economic" interpretation of democratic institutions. In the same period Anthony Downs (1957) sought to model representative democracy and elections while William Riker (1962) made use of work in cooperative game theory (by John von Neumann and Oscar Morgenstern, 1944) to study coalition behavior. In my view, these "rational choice" analyses of collective decision-making have their antecedents in the arguments of Adam Smith (1759, 1776), James Madison (1787) and the Marquis de Condorcet (1785) about the "design" of political institutions. In the introductory chapter to this volume I briefly describe how some of the current normative and positive aspects of social choice date back to these earlier writers.
Download or read book Collective Preference and Choice written by Shmuel Nitzan and published by Cambridge University Press. This book was released on 2010 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of the classical aggregation problems that arise in social choice theory, voting theory, and group decision-making under uncertainty.
Download or read book The Costs of Coalition written by Carol Mershon and published by Stanford University Press. This book was released on 2002 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to understand and explain who governs, and for how long, under the institution of parliamentary democracy. In the process, it investigates the nature of political scientists' knowledge of coalitional behavior and how to advance it.
Download or read book Governing the Commons written by Elinor Ostrom and published by Cambridge University Press. This book was released on 2015-09-23 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tackles one of the most enduring and contentious issues of positive political economy: common pool resource management.
Download or read book The Political Economy of Collective Decision Making written by Tim Veen and published by Springer Science & Business Media. This book was released on 2011-07-28 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Council of the European Union is the institutional heart of EU policy-making. But ‘who gets what, when and how’ in the Council? What are the dimensions of political conflict, and which countries form coalitions in the intense negotiations to achieve their desired policy outcomes? Focussing on collective decision-making in the Council between 1998 and 2007, this book provides a comprehensive account of these salient issues that lie at the heart of political accountability and legitimacy in the European Union. Based on a novel and unique dataset of estimates of government policy positions, salience and power in influencing deliberations, an explanatory model approximating the Nash-Bargaining solution is employed to predict the policy outcomes on ten policy domains of central importance to this institution. The book's analyses comprise investigations into the determinants of decision-making success, the architecture of the political space and the governments' coalition behavior.
Download or read book The Economics Of Collective Choice written by Joe B Stevens and published by Routledge. This book was released on 2018-02-06 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study of government policy and public decision-making has experienced a renaissance in recent years as economists and political scientists have come together to form the new field of collective, or public, choice. The Economics of Colletive Choice is a breakthrough text in this field. It is the first to approach the public policy process with a sophisticated understanding of both economics and government and to present these ideas with a grace and accessibility entirely appropriate to undergraduates. Collective choice economics as presented by Professor Stevens is a mix of applied welfare economics and public choice analysis and does not presuppose a knowledge of intermediate microeconomics. Professor Stevens credits both the conservative insight that government intervention is often worse than what it is intended to cure and the liberal view that efficiency and justice are sometimes best served by intervention. This approach allows students to find their own balance between these ideological views. This unique book is designed as a core text for courses on public choice and public policy analysis. It will also find wide use in courses on public administration or public affairs and as a supplementary text in courses on public sector economics and public finance.
Download or read book Perspectives on Positive Political Economy written by James E. Alt and published by Cambridge University Press. This book was released on 1990-09-28 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume serves as an introduction to the field of positive political economy and the economic and political processes with which it is concerned. This new research tradition is distinct from both normative and historical approaches to political economy. Grounded in the rational-actor methodology of microeconomics, positive political economy is the study of rational decisions in a context of political and economic institutions. More analytical than traditional approaches, it is concerned with the derivation of principles and propositions against which real-world experience may be compared. Its focus is on empirical regularities, and its goal is theoretical explanation. The field has focused on three main areas of research: models of collective action, constraints on competitive market processes, and the analysis of transaction costs. Developments in all of these areas are covered in the book. The first part of the volume surveys the field, while the second part displays positive political economy at work, examining a variety of subjects. The final part contains essays by leading political economists on the theoretical foundations of the field.
Download or read book Collective Decisions and Voting written by Nicolaus Tideman and published by Routledge. This book was released on 2017-03-02 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: When one thinks about how collective decisions are made, voting is the method that comes naturally to mind. But other methods such as random process and consensus are also used. This book explores just what a collective decision is, classifies the methods of making collective decisions, and identifies the advantages and disadvantages of each method. Classification is the prelude to evaluation. What are the characteristics of a method of making collective decisions, the book asks, that permit us to describe a collective decision as good? The second part of the book is detailed exploration of voting: the dimensions in which voting situations differ, the origins and logic of majority rule, the frequency of cycles in voting, the Arrow and Gibbard-Satterthwaite theorems, criteria for ways of cutting through cycles and the application of these criteria to a variety of rules, voting over continuums, proportional representation, and voting rules that take account of intensities of preferences. Relatively unknown methods of voting give voting a much greater potential than is generally recognized. Collective Decisions and Voting is essential reading for everyone with an interest in voting theory and in how public choices might be made.
Download or read book Computational Models in Political Economy written by Ken Kollman and published by MIT Press. This book was released on 2003 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The use of innovative computational models in political economic research as a complement to traditional analytical methodologies.
Download or read book The Economic Effects of Constitutions written by Torsten Persson and published by MIT Press. This book was released on 2005-01-14 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of The Economic Effects of Constitutions use econometric tools to study what they call the "missing link" between constitutional systems and economic policy; the book is an uncompromisingly empirical sequel to their previous theoretical analysis of economic policy. Taking recent theoretical work as a point of departure, they ask which theoretical findings are supported and which are contradicted by the facts. The results are based on comparisons of political institutions across countries or time, in a large sample of contemporary democracies. They find that presidential/parliamentary and majoritarian/proportional dichotomies influence several economic variables: presidential regimes induce smaller public sectors, and proportional elections lead to greater and less targeted government spending and larger budget deficits. Moreover, the details of the electoral system (such as district magnitude and ballot structure) influence corruption and structural policies toward economic growth.Persson and Tabellini's goal is to draw conclusions about the causal effects of constitutions on policy outcomes. But since constitutions are not randomly assigned to countries, how the constitutional system was selected in the first place must be taken into account. This raises challenging methodological problems, which are addressed in the book. The study is therefore important not only in its findings but also in establishing a methodology for empirical analysis in the field of comparative politics.
Download or read book Understanding Policy Change written by Cristina Corduneanu-Huci and published by World Bank Publications. This book was released on 2012-11-09 with total page 379 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the reader with the full panoply of political economy tools and concepts necessary to understand, analyze, and integrate how political and social factors may influence the success or failure of their policy goals.
Download or read book Collective Action written by Russell Hardin and published by Routledge. This book was released on 2015-12-03 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public choice, an important subdiscipline in the field of political theory, seeks to understand how people and societies make decisions affecting their collective lives. Relying heavily on theoretical models of decision making, public choice postulates that people act in their individual interests in making collective decisions. As it happens, however, reality does not mirror theory, and people often act contrary to what the principal public choice models suggest. In this book, Russell Hardin looks beyond the models to find out why people choose to act together in situations that the models find quite hopeless. He uses three constructs of modern political economy--public goods, the Prisoner's Dilemma, and game theory--to test public choice theories against real world examples of collective action. These include movements important in American society in the past few decades--civil rights, the Vietnam War, women's rights, and environmental concerns. This classic work on public choice will be of interest to theoreticians and graduate students in the fields of public choice, political economy, or political theory--and to those in other disciplines who are concerned with the problem of collective action in social contexts.
Download or read book Models of Political Economy written by Hannu Nurmi and published by Routledge. This book was released on 2006-10-13 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Models of Political Economy will introduce students to the basic methodology of political economics. It covers all core theories as well as new developments including: decision theory game theory mechanism design games of asymmetric information. Hannu Nurmi's text will prove to be invaluable to all students who wish to understand this increasingly technical field.
Download or read book Cultural Values in Political Economy written by J.P. Singh and published by Stanford University Press. This book was released on 2020-08-25 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: “This masterful collection illuminates many of the all-important interfaces between culture and economy. . . . These insights have never been more important.” —W. Lance Bennett, author of News: The Politics of Illusion The backlash against globalization and the rise of cultural anxiety has led to considerable rethinking among social scientists. This book provides multiple theoretical, historical, and methodological orientations to examine these issues. While addressing the rise of populism worldwide, the volume provides explanations that cover periods of both cultural turbulence and stability. Issues addressed include populism and cultural anxiety, class, religion, arts and cultural diversity, global environment norms, international trade, and soft power. The interdisciplinary scholarship from well-known contributors questions the oft-made assumption in political economy that holds culture “constant,” which in practice means marginalizing it in the explanation. The volume conceptualizes culture as a repertoire of values and alternatives. Locating human interests in underlying cultural values does not make political economy’s strategic or instrumental calculations of interests redundant: The instrumental logic follows a social context and a distribution of cultural values, while locating forms of decision-making that may not be rational.
Download or read book The European Union Decides written by Robert Thomson and published by Cambridge University Press. This book was released on 2006-09-14 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: European legislation affects countless aspects of daily life in modern Europe but just how does the European Union make such significant legislative decisions? How important are the formal decision-making procedures in defining decision outcomes and how important is the bargaining that takes place among the actors involved? Using a combination of detailed evidence and theoretical rigour, this volume addresses these questions and others that are central to understanding how the EU works in practice. It focuses on the practice of day-to-day decision-making in Brussels and the interactions that take place among the Member States in the Council and among the Commission, the Council and the European Parliament. A unique data set of actual Commission proposals are examined against which the authors develop, apply and test a range of explanatory models of decision-making, exemplifying how to study decision-making in other political systems using advanced theoretical tools and appropriate research design.
Download or read book The Political Economy of Special Economic Zones written by Lotta Moberg and published by Taylor & Francis. This book was released on 2017-03-16 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines SEZs from a political economy perspective, both to dissect the incentives of governments, zone developers, and exporters, and to uncover both the hidden costs and untapped potential of zone policies. Costs include misallocated resources, the encouragement of rent-seeking, and distraction of policy-makers from more effective reforms. However, the zones also have several unappreciated benefits. They can change the politics of a country, by generating a transition from a system of rent-seeking to one of liberalized open markets. In revealing the hidden promise of SEZs, this book shows how the SEZ model of development can succeed in the future.
Download or read book Contributions to Political Economy written by and published by . This book was released on 1996 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt:
