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Public Choice Theory
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Social Choice Theory
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School of
Chicago
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School of
Virginia
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Main thesis
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Self-regulating market and optimal choice under the certain
restrictions
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Optimal choice of restriction
(The order of games) |
Combination of logical order of individual
choice
in order to establish the
social welfare function
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Main accent
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Market success
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Insolvency of policy
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Political success and (or) market insolvency
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Well-known representatives
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M.Friedman, R.Coase,
J.Stigler, H.Bekker, R.Posner, S.Pilchman, G.Luice
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J. Bjukenen, U.Nutter, R.Vining,
L.Iger, C.Brennan, U.Bush, R.Vagner, G.Tallok, D.Muller, R.Tollison
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A.Bergson,
K.Errou,
A.Sen,
J.Romer,
J.Elster,
K.Moen
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Source:: R.Shwery “Rational Choice Theory: universal means or
economic imperialism?”
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