Formal Contributions to the Theory of Public Choice: The Unpublished Works of Duncan Black / Edition 1

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Overview

Duncan Black made a significant contribution to the development of public choice theory during his lifetime. Upon his death it became apparent that much of his scholarship and critique of economics was never published. Formal Contributions to the Theory of Public Choice is a collection of Duncan Black's unpublished works, representing his continuing contribution to economics and political science. It provides an insight into Black's intellectual endeavors and introduces some new ideas and extensions of earlier work.
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Editorial Reviews

Booknews
A collection of previously unpublished scholarship and critique of economics by a key contributor in the development of public choice theory. Organized in sections on economics and the history of thought, philosophical foundations of economic thought, logrolling, traditional economic theory, and applying mathematical methods to psychology, the papers and fragments provide insight into Black's intellectual thought and introduce new ideas and extensions of earlier work. Includes section introductions and a curriculum vitae. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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Product Details

  • ISBN-13: 9780792395560
  • Publisher: Springer Netherlands
  • Publication date: 1/31/1996
  • Edition description: 1996
  • Edition number: 1
  • Pages: 272
  • Product dimensions: 0.69 (w) x 6.14 (h) x 9.21 (d)

Table of Contents

Introduction. Book I: History. 1. Introductory notes. 2. Hobbes' contribution to abstract political science. 2. How expenditure of the tax proceeds came to be disregarded in the theory of incidence. 4. Historical notes: Pythagoreans, Reverend C. L. Dodgson, Knut Wicksell and Lord Keynes. 5. Some notes on the development structure and the theory of committees. Book II: Epistemology. 1. Introductory notes. 2. Some important distinctions: the traditional distinction between instrumental and independent action. 3. Rational behaviour. 4. The mechanisms of hedonistic choice. 5. The commensurability of intensities of desires (pleasures). 6. That the same mathematical model applies in epistemology. 7. The assumptions - imperfect knowledge, divided expectations and the discount. Book III: Logrolling. 1. Introductory notes. 2. On logrolling. 3. Logrolling. 4. Wicksell's use of the theory of committees on public finance. 5. The geometrical theory of a special majority geometry. 6. The theory of an international committee requiring a unanimous decision. 7. Dicey on logrolling. Book IV: Economics. 1. Introductory notes. 2. The concept of cost in economics. 3. Wicksteed's theorem that the concept of supply could be dispensed with and its narrower and wider implications. Book IV: Psychology. 1. Introductory notes. 2. The theory of relative utility following the second Austrian school. 3. Definition of relative weights and hypothesis that choice follows the Condorcet or Borda criterion. 4. A suggested application of the theory of committees in value and probability. Appendix I. Curriculum vitae of Duncan Black. Index.
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