Competition in Political and Economic Markets

Do anomalies play an important role in explaining economic and political choices? Are political decisions more prone to anomalies, irrationality, and inefficiency than economic decisions?

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Bibliographic Details
Published in:Public choice 1991-04, Vol.70 (1), p.83-88
Main Authors: Coursey, Don L., Roberts, Russell D.
Format: Article
Language:English
Subjects:
Competition
Consumers
Decision making
ECONOMIC THEORY
Economics
Economists
Empirical evidence
Experimental economics
Experimental psychology
Experiments
Incentives
Market
Market competition
Political campaigns
Political economy
Political elections
Political science
Political systems
POLITICAL THEORY
Politicians
Politics
Property rights
Psychologists
PUBLIC CHOICE THEORY
RATIONALITY
Unemployment
Voters
Citations: Items that cite this one
Online Access:Get full text
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Description
Summary:Do anomalies play an important role in explaining economic and political choices? Are political decisions more prone to anomalies, irrationality, and inefficiency than economic decisions?
ISSN:0048-5829
1573-7101
DOI:10.1007/BF00239346