The economics of public choice [Book] / by Patrick A. McNutt.

By:

McNutt, Paddy

Material type: Text

TextPublication details: Cheltenham : Edward Elgar, c2002.Edition: 2nd edDescription: xvi, 337 p. : ill. ; 25 cmISBN:

1840641932
1843760665

Subject(s):

DDC classification:

302.13

Other classification:

302.13

Summary: In this fully revised second edition of a popular text, Patrick McNutt presents more ideas and challenges to all those interested in political economy and public choice. Chapter 2 looks at the economic nature of contracts and reviews the "contractual form" by interpreting the Edgeworth-Bowley box from an economics of contracting perspective. Chapter 7 is updated and elaborates on the application of rent-seeking to antitrust and competition analysis. A new chapter 8 addresses the issue of legal barriers to entry and related issues, in particular how a legal barrier can affect consumer welfare. The discussion on the "anarchy of legitimacy" has been reviewed while a new chapter 11 critically evaluates the exchange and allocation of economic power and income inequality in developing countries. Finally, in a new chapter 12 the author presents an overview of the global political economy and identifies the contribution of public choice to the debate.

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Junaid Zaidi Library, COMSATS University Islamabad	302.13 MCN-E (Browse shelf(Opens below))	Available		49829

Total holds: 0

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Previous	302.12 MAR-D Dialogicality and social representations the dynamics of mind /	302.12 SOC Social cognition : the basis of human interaction /	302.12 TAL-S Skin in the game hidden asymmetries in daily life /	302.13 MCN-E The economics of public choice	302.1301 BEH Behavioral social choice probabilistic models, statistical inference, and applications /	302.14 WIL-G Global solidarity /	302.2 ADL-I Interplay the process of interpersonal communication /	Next

Previous ed.: 1996.

Includes bibliographical references and index.

In this fully revised second edition of a popular text, Patrick McNutt presents more ideas and challenges to all those interested in political economy and public choice. Chapter 2 looks at the economic nature of contracts and reviews the "contractual form" by interpreting the Edgeworth-Bowley box from an economics of contracting perspective. Chapter 7 is updated and elaborates on the application of rent-seeking to antitrust and competition analysis. A new chapter 8 addresses the issue of legal barriers to entry and related issues, in particular how a legal barrier can affect consumer welfare. The discussion on the "anarchy of legitimacy" has been reviewed while a new chapter 11 critically evaluates the exchange and allocation of economic power and income inequality in developing countries. Finally, in a new chapter 12 the author presents an overview of the global political economy and identifies the contribution of public choice to the debate.

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