Public choice in economic theory is the use of modern economic tools to study problems that are traditionally in the province of political science.
In particular, it studies the behavior of politicians and government officials as mostly self-interested agents and their interactions in the social system either as such or under alternative constitutional rules. These can be represented a number of ways, including standard constrained utility maximi...
more
Read article at Wikipedia
Public choice theory
Similar topics in Freebase
-
Condensed matter physics
Condensed matter physics is the field of physics that deals with the macroscopic and microscopic physical properties of matter. In particular, it is concerned with the "condensed" phases that appear whenever the number of constituents in a system is extremely large and the interactions between the... -
Crystal
A crystal or crystalline solid is a solid material whose constituent atoms, molecules, or ions are arranged in an orderly repeating pattern extending in all three spatial dimensions. The scientific study of crystals and crystal formation is crystallography. The process of crystal formation via... -
Cosmic microwave background radiation
In cosmology, cosmic microwave background (CMB) radiation (also CMBR, CBR, MBR, and relic radiation) is a form of electromagnetic radiation filling the universe. With a traditional optical telescope, the space between stars and galaxies (the background) is pitch black. But with a radio telescope,... -
Electron
An electron is a subatomic particle that carries a negative electric charge. It has no known substructure and is believed to be a point particle. An electron has a mass that is approximately 1836 times less than that of the proton. The intrinsic angular momentum (spin) of the electron is a half... -
Electromagnetism
Electromagnetism is the physics of the electromagnetic field, a field that exerts a force on particles with the property of electric charge and is reciprocally affected by the presence and motion of such particles. A changing magnetic field produces an electric field (this is the phenomenon of... -
Existentialism
Existentialism is a term that has been applied to the work of a number of nineteenth and twentieth century philosophers who, despite profound doctrinal differences, generally held that the focus of philosophical thought should be to deal with the emotions, actions, responsibilities, and thoughts of... -
Elementary particle
In particle physics, an elementary particle or fundamental particle is a particle not known to have substructure; that is, it is not known to be made up of smaller particles. If an elementary particle truly has no substructure, then it is one of the basic building blocks of the universe from which... -
Ferromagnetism
Ferromagnetism is the basic mechanism by which certain materials (such as iron) form permanent magnets and/or exhibit strong interactions with magnets; it is responsible for most phenomena of magnetism encountered in everyday life (for example, refrigerator magnets). The attraction between a magnet... -
Game theory
Game theory is a branch of applied mathematics that is used in the social sciences, most notably in economics, as well as in biology, engineering, political science, international relations, computer science, and philosophy. Game theory attempts to mathematically capture behavior in strategic... -
Gas
This page is about the physical properties of gas as a state of matter. For the uses of gases, and other meanings, see Gas (disambiguation). The symbol used to represent temperature in equations is "T" with SI units of Kelvins. The temperature of any physical system is related to the motions of the...