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

  • Charles B. Blankart

Abstract

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.

Keywords

Depression Europe Income Gasoline Defend 

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Copyright information

© Jörg Finsinger 1983

Authors and Affiliations

  • Charles B. Blankart

There are no affiliations available

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