Public Choice

 

Lecture Notes

1. Social Choice Rules
2. Arrow's Impossibility Theorem
3. Single-Peaked Preferences
4. Problems with Multi-Dimensional Choice
5. Political Parties and the Principle of Minimum Differentiation
6. Bureaucracy

 

 

Diagrams

1. Figure 1 : Single-Peaked Preferences
2. Figure 2 : Preferences which are not all Single-Peaked
3. Figure 3 : Choice of Public Expenditure
4. Figure 4 : Single-Peaked Preferences over Public Expenditure
5. Figure 5 : Indifference Curves over Two Categories of Public Expenditure
6. Figure 6 : ``Single--Peaked'' Preferences in Many Dimensions
7. Figure 7 : Deciding One Category of Expenditure at a Time
8. Figure 8 : The Preferred Proposal of a Budget Maximizing Bureaucrat
9. Figure 9 : Cost Misrepresentation by a Bureaucracy