Biraci, politicari i birokracija u svjetlu teorije javnog izbora
In: Politicka misao, Band 36, Heft 3, S. 89-100
The theory of public choice is a major link between political science & economic science. It includes economic research into the issue of non-market decision making, ie, the application of economic analysis to political decision making. The champions of the theory of public choice have the most confidence in the market & market institutions. They try to explain political decision making by means of the standards operating in the market. The public choice theory approach is based on the concept of methodological individualism & homo oeconomicus, since individuals try to promote their own interests both in the market & in politics. Theoreticians of public choice investigate voters' behavior, the roles of politicians, political parties, & interest groups in complex democratic societies. Central for their research is the political process in which voters behave as buyers, & politicians as entrepreneurs, while bureaucrats are prone to self-aggrandizement; their ambition is to boost the significance of their office. The theory of public choice emphasizes the category of exchange (political exchange) & the catalectic approach to economy. 12 References. Adapted from the source document.