ABSTRACT
At root public choice approaches rely heavily on an analogy: ‘Politics is seen as a “market” activity, one which serves as an extension of the economic market’ (Ware, 1979,p. 5). Every market has demand-side and supply-side actors. Neo-classical economics and public choice theory have traditionally handled these two sets of actors differently, making significantly divergent assumptions about why they behave as they do. The revised accounts of political institutions given here call some of these premisses into question.
