Rational Choice Theory
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Home > Art, Film & Photography > Rational Choice Theory: Public Choice Theory, Rational Expectations, Homo Economicus, Economic Rent, Rent-Seeking, Voting System
Rational Choice Theory: Public Choice Theory, Rational Expectations, Homo Economicus, Economic Rent, Rent-Seeking, Voting System

Rational Choice Theory: Public Choice Theory, Rational Expectations, Homo Economicus, Economic Rent, Rent-Seeking, Voting System


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About the Book

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 41. Chapters: Public choice theory, Rational expectations, Homo economicus, Economic rent, Rent-seeking, Voting system, Economics of religion, Social Choice and Individual Values, Collective action, The Myth of the Rational Voter: Why Democracies Choose Bad Policies, Rational addiction, Mancur Olson, Rational ignorance, The Calculus of Consent, Median voter theorem, Bootleggers and Baptists, Bundling, The Logic of Collective Action, Tiebout model, Fiscal Illusion, Virginia school of political economy, Bruce Yandle, Paradox of voting, Public interest theory, Budget-maximizing model, Homo reciprocans, Separability problem, Gruppi di Acquisto Solidale, Michael Taylor, Congress: The Electoral Connection. Excerpt: A voting system or electoral system is a method by which voters make a choice between options, often in an election or on a policy referendum. A voting system contains rules for valid voting, and how votes are counted and aggregated to yield a final result. Since voting involves counting, it is algorithmic in nature, and, since it involves polling the sentiments of a person, this represents affective data. Together, with the exception of proxy voting, this corresponds to in-degree centrality in graph theory and social network analysis, with votes as directed edges, and voters and candidates as nodes. Common voting systems are majority rule, proportional representation or plurality voting with a number of variations and methods such as first-past-the-post or preferential voting. The study of formally defined voting systems is called voting theory, a subfield of political science, economics or mathematics. With majority rule, those who are unfamiliar with voting theory are often surprised that another voting system exists, or that disagreements may exist over the definition of what it means to be supported by a majority. Depen...


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Product Details
  • ISBN-13: 9781156579626
  • Publisher: Books LLC, Wiki Series
  • Publisher Imprint: Books LLC, Wiki Series
  • Height: 246 mm
  • No of Pages: 42
  • Spine Width: 2 mm
  • Weight: 95 gr
  • ISBN-10: 1156579627
  • Publisher Date: 09 Jul 2011
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: Public Choice Theory, Rational Expectations, Homo Economicus, Economic Rent, Rent-Seeking, Voting System
  • Width: 189 mm


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