hrcak mascot   Srce   HID

Original scientific paper

POLITICAL ECONOMY OF COLLECTIVE DECISION-MAKING: BUCHANAN’S AND TULLOCK’S CONTRIBUTION

Zdravko Petak ; Faculty of Political Science, University of Zagreb, Zagreb, Croatia

Fulltext: croatian, pdf (250 KB) pages 71-88 downloads: 1.527* cite
APA 6th Edition
Petak, Z. (1999). Politička ekonomija kolektivnog odlučivanja: doprinos Buchanana i Tullocka. Politička misao, 36 (3), 71-88. Retrieved from https://hrcak.srce.hr/31969
MLA 8th Edition
Petak, Zdravko. "Politička ekonomija kolektivnog odlučivanja: doprinos Buchanana i Tullocka." Politička misao, vol. 36, no. 3, 1999, pp. 71-88. https://hrcak.srce.hr/31969. Accessed 25 Feb. 2020.
Chicago 17th Edition
Petak, Zdravko. "Politička ekonomija kolektivnog odlučivanja: doprinos Buchanana i Tullocka." Politička misao 36, no. 3 (1999): 71-88. https://hrcak.srce.hr/31969
Harvard
Petak, Z. (1999). 'Politička ekonomija kolektivnog odlučivanja: doprinos Buchanana i Tullocka', Politička misao, 36(3), pp. 71-88. Available at: https://hrcak.srce.hr/31969 (Accessed 25 February 2020)
Vancouver
Petak Z. Politička ekonomija kolektivnog odlučivanja: doprinos Buchanana i Tullocka. Politička misao [Internet]. 1999 [cited 2020 February 25];36(3):71-88. Available from: https://hrcak.srce.hr/31969
IEEE
Z. Petak, "Politička ekonomija kolektivnog odlučivanja: doprinos Buchanana i Tullocka", Politička misao, vol.36, no. 3, pp. 71-88, 1999. [Online]. Available: https://hrcak.srce.hr/31969. [Accessed: 25 February 2020]

Abstracts
The author looks into the methodological features of public choice theory. On the example of James Buchanan’s contribution, he demonstrates the differences between that kind of approach (often dubbed political economy) versus welfare economics and mainstream economics. Unlike welfare economics, which tries to work out the optimal state of allocation and distribution of economic resources by using certain logical rules based on Pareto’s principles, or mainstream economics, which tries to identify the improvements in observable economic categories (such as national income or investment consumption), political economy encompasses the process of collective decision-making i.e. politics. In this, the efficacy criterion is the extent of consent (consensus) in collective decision-making. On the example of Buchanan’s and Tullock’s joint contribution in the book The Calculus of Consent, the author concludes that this paved the way for introducing a legitimate categorial mechanism for investigating the costs of political decision-making into political science.

Hrčak ID: 31969

URI
https://hrcak.srce.hr/31969

[croatian]

Visits: 1.849 *