ABSTRACT

Public choice can be defined as the economic study of non-market decisionmaking, or simply the application of economics to political science. Its subject matter is the same as that of political science: the theory of the state, voting rules, voter behaviour, party politics, the bureaucracy. Its methodology is that of economics, however. The basic behavioural postulate of public choice, as for economics, is that man, be he voter, politician or bureaucrat, is an egotistic rational, utility-maximizer. 1