“Rational choice has come quite a way,” a Stanford University professor, Barry Weingast, said. “Thirty years ago, it was far outside the mainstream in political science in almost every respect.” Mr.
Public Economics – Public Choice represents a pivotal field in economic theory that applies the analytical rigour of rational choice and market principles to the study of political decision‐making.
Whether deliberating about politics, the colors of a dress, or whether pineapple belongs on pizza, it’s hard not to be struck by how quickly and deeply people can become entrenched in their beliefs ...