the theory of public choice examines group of answer choices the role of self-interest in public decisions. the optimal government intervention to correct market failures. how to apply cost-benefit analysis. how a policy of laissez faire works to allocate resources.

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21-11-2022
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the theory of public choice examines group of answer choices the role of self-interest in public decisions. the optimal government intervention to correct market failures. how to apply cost-benefit analysis. how a policy of laissez faire works to allocate resources.

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smecloudbird18 smecloudbird18 · Answer 1 · 2022-11-24T17:12:23+01:00

The theory of public choice examines the role of self-interest in public decisions. The theory of public choice is frequently used to explain why political decisions lead to outcomes that are in opposition to the desires of the broader public.

For instance, many programs funded by pork barrel and advocacy groups are not what a democracy as a whole wants. Applying economics to the study of public administration is known as public choice theory. "The economic study of non-market decision making" or "essentially the application of economics to political science" are how Dennis Mueller defines public choice. One person might conclude.

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