Collective Choice Economics

Author: (American) Steven Stavins (Yang Xiaowei)
Publisher:
Publish Date: 1999-12-01
Features: This book is rooted in two disciplines that have significant differences—public choice analysis and welfare economics. Public choice has primarily developed in the United States over the past 40 years, largely drawing from the pioneering works of Anthony Downs, James Buchanan, Gordon Tullock, William Niskanen Jr., Mancur Olson, and William Niskanen. Except for Riker, who is a political scientist, the others are economists. This book is a professional textbook that incorporates the methods of welfare economics and public choice theory to explain the pros and cons of market failures and government intervention. It enables readers to gain a more comprehensive and thorough understanding of the issue from different perspectives and using various approaches.