Logotipo librería Marcial Pons

The economics of public choice

  • ISBN: 9781843760665
  • Editorial: Edward Elgal Publishing Limited
  • Lugar de la edición: Cheltenham. None
  • Edición número: 2nd ed
  • Encuadernación: Rústica
  • Medidas: 24 cm
  • Nº Pág.: 337
  • Idiomas: Inglés

Papel: Rústica
39,16 €
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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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