“Rational choice has come quite a way,” a Stanford University professor, Barry Weingast, said. “Thirty years ago, it was far outside the mainstream in political science in almost every respect.” Mr.

The legal and administrative apparatus responsible for the social control of organizations relies extensively on the deterrent effects of punishment. This strategy presumes a rational choice model of ...

Journal Editorial Report: GOP candidates square off in first primary debate and clash over aid to Ukraine. Image: Win McNamee/Getty Images Say this much for Vivek Ramaswamy: He has an impressive ...

Whether deliberating about politics, the colors of a dress, or whether pineapple belongs on pizza, it’s hard not to be struck by how quickly and deeply people can become entrenched in their beliefs ...

Public Economics – Public Choice represents a pivotal field in economic theory that applies the analytical rigour of rational choice and market principles to the study of political decision‐making.