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1983 | OriginalPaper | Buchkapitel

The Contribution of Public Choice to Public Utility Economics — a Survey

verfasst von : Charles B. Blankart

Erschienen in: Public Sector Economics

Verlag: Palgrave Macmillan UK

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Public choice is an economic approach to collective decision making. This means that the emergence ofcollective decisions is explained by the axioms of individuals’ self-interest and rational choice. The logic of the market behaviour is thus extended to the behaviour in politics. In this paper it is shown, how specific kinds of political decisions, those on the regulation of markets, can be explained by the tools of public choice.

Metadaten
Titel
The Contribution of Public Choice to Public Utility Economics — a Survey
verfasst von
Charles B. Blankart
Copyright-Jahr
1983
Verlag
Palgrave Macmillan UK
DOI
https://doi.org/10.1007/978-1-349-06504-2_8