Beyond Conventional Economics

Beyond Conventional Economics

The Limits of Rational Behaviour in Political Decision Making

Edited by Giuseppe Eusepi and Alan P. Hamlin

Beyond Conventional Economics presents new original work from leading scholars on the interface between the individual and political and social institutions. The book offers a critique of the inadequacies of the conventional economic approach to politics and a state-of-the-art view of new paradigms challenging the dominant economic notion of the individual. A number of chapters also explore the limits of individually rational behaviour in political decision making – some by challenging the orthodox content of the idea of rationality, others by providing fresh views on the operation of political processes.

Chapter 4: A Bouquet of Democracies

Gordon Tullock

Subjects: economics and finance, behavioural and experimental economics, public choice theory, politics and public policy, public choice


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