• DOI:10.2139/ssrn.2390290
Corpus ID: 44031278

Behavioral public choice: A survey

@inproceedings{Schnellenbach2014BehavioralPC,
  title={Behavioral public choice: A survey},
  author={Jan Schnellenbach and C. Schubert},
  year={2014}
}

Jan Schnellenbach, C. Schubert

Published 2014

Economics

Public choice theory has originally been motivated by the need to correct the asymmetry, widespread in traditional welfare economics, between the motivational assumptions of market participants and policymakers: Those who played the game of politics should also be considered rational and self-interested. History repeats itself with the rise of behavioral economics: Cognitive biases discovered in market participants often induce a call for rational governments to intervene. Recently, however… CONTINUE READING

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