Democracy and Welfare Economics / Edition 2

by Hans van den Doel, Ben van Velthoven

Overview

This book is a fully revised and updated version of Hans van den Doel's Democracy and Welfare Economics. It presents the economic theory of political decision-making (otherwise known 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 these are analyzed in turn with reference to economic theory.

Product Details

ISBN-13:	9780521436373
Publisher:	Cambridge University Press
Publication date:	07/22/1993
Edition description:	Revised
Pages:	228
Product dimensions:	5.51(w) x 8.54(h) x 0.91(d)

Table of Contents

Preface; 1. Economics and politics; 2. Welfare and welfare optimum; 3. Negotiation; 4. Majority decision; 5. Representation; 6. Implementation; 7. The political process; Notes; References; Index.