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wildcat290 wildcat290
wrote...
Posts: 363
A week ago

Question 1.

Economists James Buchanan and Gordon Tullock are well-known for developing



the impossibility theorem.



the voting paradox.



the concept of government failure.



the public choice model.



Question 2.

The public choice model assumes that government policymakers



are likely to pursue their own self-interests, even if their self-interests conflict with the public interest.



will pursue their self-interests in personal affairs but only if it does not conflict with the public interest.



will often act irrationally in their personal affairs, but will act rationally when they promote the public interest.



must promote the public interest at the expense of their own self-interests in order to be re-elected.

Textbook 

InMicro


Edition: 1st
Authors:
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Answer verified by a subject expert
Va97001Va97001
wrote...
Posts: 319
A week ago
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Answer 1

the public choice model.



Answer 2

are likely to pursue their own self-interests, even if their self-interests conflict with the public interest.

1

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