Information and Public Choice

Information and Public Choice PDF Author: Roumeen Islam
Publisher: World Bank Publications
ISBN: 0821375164
Category : Social Science
Languages : en
Pages : 250

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Book Description
The ability of the media to affect outcomes in economic and political markets has been well documented. News reporting and advertising influence consumer behavior in goods and services markets by revealing (or selectively revealing) information about a product, acting as agenda setters to influence consumer demand, or enhancing competition in markets by alerting consumers to substitutes. In political markets, they can affect behavior by informing voters about a politician's views or actions, enlightening citizens to outcomes of public policy, or taking a stance on political, social, or economic issues. For businesses, households, and most others, the media is the main source of information on public policy choices and current social and economic conditions. As a result, what news the media chooses to gather, analyze and disseminate--and the slant they choose to put on what they report--is of consequence. 'Information and Public Choice' addresses the factors that affect the content and reach of news coverage as well as its impact on public policy. The book addresses both market constraints that affect media--particularly news content--and the impact that news reporting has on economic and political choices. The authors examine a range of issues, including bias or slant in media reporting, the impact of markets and nonmarket factors on news reporting, and the role of government regulation of the media sector in developing countries. The studies in this volume provide new evidence and a good summary of previous research on the power of the media. An invaluable guide for those concerned about the impact of media on economic and political outcomes, 'Information and Public Choice' draws attention to an under-researched yet important area of economics.

Information and Public Choice

Information and Public Choice PDF Author: Roumeen Islam
Publisher: World Bank Publications
ISBN: 0821375164
Category : Social Science
Languages : en
Pages : 250

Get Book Here

Book Description
The ability of the media to affect outcomes in economic and political markets has been well documented. News reporting and advertising influence consumer behavior in goods and services markets by revealing (or selectively revealing) information about a product, acting as agenda setters to influence consumer demand, or enhancing competition in markets by alerting consumers to substitutes. In political markets, they can affect behavior by informing voters about a politician's views or actions, enlightening citizens to outcomes of public policy, or taking a stance on political, social, or economic issues. For businesses, households, and most others, the media is the main source of information on public policy choices and current social and economic conditions. As a result, what news the media chooses to gather, analyze and disseminate--and the slant they choose to put on what they report--is of consequence. 'Information and Public Choice' addresses the factors that affect the content and reach of news coverage as well as its impact on public policy. The book addresses both market constraints that affect media--particularly news content--and the impact that news reporting has on economic and political choices. The authors examine a range of issues, including bias or slant in media reporting, the impact of markets and nonmarket factors on news reporting, and the role of government regulation of the media sector in developing countries. The studies in this volume provide new evidence and a good summary of previous research on the power of the media. An invaluable guide for those concerned about the impact of media on economic and political outcomes, 'Information and Public Choice' draws attention to an under-researched yet important area of economics.

The Theory of Public Choice--II

The Theory of Public Choice--II PDF Author: James M. Buchanan
Publisher: University of Michigan Press
ISBN: 9780472080410
Category : Business & Economics
Languages : en
Pages : 468

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Book Description
Discusses voting, tax policy, government regulation, redistribution of wealth, and international negotiation in a new approach to government

Public Finance and Public Choice

Public Finance and Public Choice PDF Author: James M. Buchanan
Publisher: MIT Press
ISBN: 0262261618
Category : Business & Economics
Languages : en
Pages : 283

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Book Description
In this volume, based on a week-long symposium at the University of Munich's Center for Economic Studies, two leading scholars of governmental economics debate their divergent perspectives on the role of government and its fiscal functions. James M. Buchanan, who was influential in developing the research program in public choice, concentrates on the imperfections of the political process and stresses the need for rules to restrain governmental interference. Richard A. Musgrave, a founder of modern public finance, points to market failures and inequities that call for corrective public policies. They apply their differing economic and political philosophies to a variety of key issues. Each presentation is followed by a response and general discussion.

Public Choice, Past and Present

Public Choice, Past and Present PDF Author: Dwight R. Lee
Publisher: Springer Science & Business Media
ISBN: 1461459095
Category : Political Science
Languages : en
Pages : 256

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Book Description
In 1962, economists James M. Buchanan and Gordon Tullock published The Calculus of Consent, in which they developed the principles of public choice theory. In the fifty years since its publication, the book has defined the field and set the standard for research and analysis. To celebrate a half-century of scholarship in public choice, Dwight Lee has assembled distinguished academics from around the world to reflect on the influence of this monumental publication, and, more broadly, the legacy of its legendary authors. Their essays cover a broad spectrum of topics and approaches, from the impact of public choice theory on foreign policy analysis to personal remembrances of learning from and collaborating with Buchanan and Tullock. The result is a unique collection of insights that celebrate public choice and its visionary proponents, while considering its future directions. ​

The Limits of Public Choice

The Limits of Public Choice PDF Author: Lars Udehn
Publisher: Routledge
ISBN: 1134802021
Category : Business & Economics
Languages : en
Pages : 468

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Book Description
Public choice has been one of the most important developments in the social sciences in the last twenty years. However there are many people who are frustrated by the uncritical importing of ideas from economics into political science. Public Choice uses both empirical evidence and theoretical analysis to argue that the economic theory of politics is limited in scope and fertility. In order to arrive at a more comprehensive understanding of political life, political scientists must learn from both economists and sociologists.

Public Choice Theory and the Illusion of Grand Strategy

Public Choice Theory and the Illusion of Grand Strategy PDF Author: Richard Hanania
Publisher: Routledge
ISBN: 100051403X
Category : Political Science
Languages : en
Pages : 206

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Book Description
This book argues that while the US president makes foreign policy decisions based largely on political pressures, it is concentrated interests that shape the incentive structures in which he and other top officials operate. The author identifies three groups most likely to be influential: government contractors, the national security bureaucracy, and foreign governments. This book shows that the public choice perspective is superior to a theory of grand strategy in explaining the most important aspects of American foreign policy, including the war on terror, policy toward China, and the distribution of US forces abroad. Arguing that American leaders are selected to respond to public opinion, not necessarily according to their ability to formulate and execute long-terms plans, the author shows how mass attitudes are easily malleable in the domain of foreign affairs due to ignorance with regard to the topic, the secrecy that surrounds national security issues, the inherent complexity of the issues involved, and most importantly, clear cases of concentrated interests. The book will be of interest to students and scholars of American Studies, Foreign Policy Analysis and Global Governance.

Perspectives on Public Choice

Perspectives on Public Choice PDF Author: Dennis C. Mueller
Publisher: Cambridge University Press
ISBN: 9780521556545
Category : Business & Economics
Languages : en
Pages : 692

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Book Description
This five-part volume surveys the main ideas and contributions to the field of public choice.

Government By The Market?

Government By The Market? PDF Author: Peter Self
Publisher: Routledge
ISBN: 0429720270
Category : Political Science
Languages : en
Pages : 229

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Book Description
Recent decades have seen the study of politics invaded by economic theories, methods and techniques. This book gives a concise, non- technical account of these 'public choice' theories and examines their influence upon government policies in English-speaking countries. Issues covered include slimming the state, privatising welfare and re- structuring government. Final chapters offer an alternative view of the basis of good government. This book offers a unique survey and critique of the ideas and influence of an important branch of political thought and it links with market theories. It is vital reading for students of both politics and economics.

Information, Participation, and Choice

Information, Participation, and Choice PDF Author: Bernard Grofman
Publisher: University of Michigan Press
ISBN: 9780472083435
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
A review of the consequences for political science of Anthony Downs's seminal work.

Law and Public Choice

Law and Public Choice PDF Author: Daniel A. Farber
Publisher: University of Chicago Press
ISBN: 0226238113
Category : Law
Languages : en
Pages : 170

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Book Description
In Law and Public Choice, Daniel Farber and Philip Frickey present a remarkably rich and accessible introduction to the driving principles of public choice. In this, the first systematic look at the implications of social choice for legal doctrine, Farber and Frickey carefully review both the empirical and theoretical literature about interest group influence and provide a nonmathematical introduction to formal models of legislative action. Ideal for course use, this volume offers a balanced and perceptive analysis and critique of an approach which, within limits, can illuminate the dynamics of government decision-making. “Law and Public Choice is a most valuable contribution to the burgeoning literature. It should be of great interest to lawyers, political scientists, and all others interested in issues at the intersection of government and law.”—Cass R. Sunstein, University of Chicago Law School