Political Equilibrium

Author : Peter C. Ordeshook
Publisher : Springer Science & Business Media
ISBN 13 : 9400973802
Total Pages : 217 pages
Book Rating : 4.00/5 ( download)

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Download or read book Political Equilibrium: A Delicate Balance written by Peter C. Ordeshook and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter C. Ordeshook and Kenneth A. Shepsle If the inaugural date of modern economics is set at 1776 with the publication of Adam Smith's The Wealth of Nations, then the analytical tradition in the study of politics is not even a decade younger, commencing nine years later with the publication of the Marquis de Condorcet's Essai sur l'application de l'analyse iz la probabilite des decisions rendues iz la pluralite des voix. The parallel, however, stops there for, unlike Smith and other classical economists who laid an intel lectual foundation upon which a century of cumulative scientific research pro ceeded, analytical political science suffered fits and starts. Condorcet, himself, acknowledges the earlier work (predating the Essai by some fourteen years) of Borda and, from time to time during the nineteenth century, their contributions were rediscovered by Dodgson, Nanson, and other political philosophers and arithmeticians. But, by century's end, there was nothing in political science to compare to the grand edifice of general equilibrium theory in neoclassical eco nomics. Despite roots traversing two centuries, then, the analytical study of poli tics is a twentieth-century affair. The initial inspiration and insight of Condorcet was seized upon just after World War II by Duncan Black, who wrote several papers on the equilibrium properties of majority rule in specific contexts (Black, 1948a, b). He expanded upon these themes in his now deservedly famous monograph, The Theory of xi PREFACE xii Committees and Elections, and the lesser-known essay with R.A.

Author : Peter Carl Ordeshook
Publisher :
ISBN 13 :
Total Pages : 210 pages
Book Rating : 4.06/5 ( download)

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Download or read book Political Equilibrium written by Peter Carl Ordeshook and published by . This book was released on 1982 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : William H. Handey
Publisher :
ISBN 13 :
Total Pages : 198 pages
Book Rating : 4.31/5 ( download)

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Download or read book Political Equilibrium written by William H. Handey and published by . This book was released on 1842 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Peter C. Ordeshook
Publisher : Springer
ISBN 13 : 9789400973824
Total Pages : 210 pages
Book Rating : 4.29/5 ( download)

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Download or read book Political Equilibrium: A Delicate Balance written by Peter C. Ordeshook and published by Springer. This book was released on 2012-03-02 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter C. Ordeshook and Kenneth A. Shepsle If the inaugural date of modern economics is set at 1776 with the publication of Adam Smith's The Wealth of Nations, then the analytical tradition in the study of politics is not even a decade younger, commencing nine years later with the publication of the Marquis de Condorcet's Essai sur l'application de l'analyse iz la probabilite des decisions rendues iz la pluralite des voix. The parallel, however, stops there for, unlike Smith and other classical economists who laid an intel lectual foundation upon which a century of cumulative scientific research pro ceeded, analytical political science suffered fits and starts. Condorcet, himself, acknowledges the earlier work (predating the Essai by some fourteen years) of Borda and, from time to time during the nineteenth century, their contributions were rediscovered by Dodgson, Nanson, and other political philosophers and arithmeticians. But, by century's end, there was nothing in political science to compare to the grand edifice of general equilibrium theory in neoclassical eco nomics. Despite roots traversing two centuries, then, the analytical study of poli tics is a twentieth-century affair. The initial inspiration and insight of Condorcet was seized upon just after World War II by Duncan Black, who wrote several papers on the equilibrium properties of majority rule in specific contexts (Black, 1948a,b). He expanded upon these themes in his now deservedly famous monograph, The Theory of xi PREFACE xii Committees and Elections, and the lesser-known essay with R. A.

Author : William H. Handey
Publisher : Forgotten Books
ISBN 13 : 9781528332989
Total Pages : 180 pages
Book Rating : 4.89/5 ( download)

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Download or read book Political Equilibrium (Classic Reprint) written by William H. Handey and published by Forgotten Books. This book was released on 2017-10-31 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Political Equilibrium In refering to the measures of political parties, he has not impeached the motives of any. In reference to mat ters of fact, he has labored to be strictly correct - to pre sent truth as fairly and fully, as the documents and other means within his reach would enable him. If the argu ments advanced, and conclusions drawn are heterodox, their refutation 1s easy, and 1s invited. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Author : WILLIAM H. HANDEY
Publisher :
ISBN 13 : 9781033976647
Total Pages : 0 pages
Book Rating : 4.44/5 ( download)

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Download or read book POLITICAL EQUILIBRIUM written by WILLIAM H. HANDEY and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Frank R. Baumgartner
Publisher : University of Chicago Press
ISBN 13 : 0226039536
Total Pages : 368 pages
Book Rating : 4.34/5 ( download)

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Download or read book Agendas and Instability in American Politics written by Frank R. Baumgartner and published by University of Chicago Press. This book was released on 2010-03-15 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Agendas and Instability in American Politics appeared fifteen years ago, offering a profoundly original account of how policy issues rise and fall on the national agenda, the Journal of Politics predicted that it would “become a landmark study of public policy making and American politics.” That prediction proved true and, in this long-awaited second edition, Bryan Jones and Frank Baumgartner refine their influential argument and expand it to illuminate the workings of democracies beyond the United States. The authors retain all the substance of their contention that short-term, single-issue analyses cast public policy too narrowly as the result of cozy and dependable arrangements among politicians, interest groups, and the media. Jones and Baumgartner provide a different interpretation by taking the long view of several issues—including nuclear energy, urban affairs, smoking, and auto safety—to demonstrate that bursts of rapid, unpredictable policy change punctuate the patterns of stability more frequently associated with government. Featuring a new introduction and two additional chapters, this updated edition ensures that their findings will remain a touchstone of policy studies for many years to come.

Author : Charles K. Rowley
Publisher :
ISBN 13 :
Total Pages : 538 pages
Book Rating : 4.74/5 ( download)

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Download or read book Public Choice Theory: The characteristics of political equilibrium written by Charles K. Rowley and published by . This book was released on 1993 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Ping Chen
Publisher : Routledge
ISBN 13 : 1136994874
Total Pages : 585 pages
Book Rating : 4.76/5 ( download)

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Download or read book Economic Complexity and Equilibrium Illusion written by Ping Chen and published by Routledge. This book was released on 2010-04-05 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Principle of Large Numbers indicates that macro fluctuations have weak microfoundations; persistent business cycles and interrupted technologies can be better characterized by macro vitality and meso foundations. Economic growth is limited by market extent and ecological constraints. The trade-off between stability and complexity is the foundation of cultural diversity and mixed economies. The new science of complexity sheds light on the sources of economic instability and complexity. This book consists of the major work of Professor Ping Chen, a pioneer in studying economic chaos and economic complexity. They are selected from works completed since 1987, including original research on the evolutionary dynamics of the division of labour, empirical and theoretical studies of economic chaos and stochastic models of collective behavior. Offering a new perspective on market instability and the changing world order, the basic pillars in equilibrium economics are challenged by solid evidence of economic complexity and time asymmetry, including Friedman’s theory of exogenous money and efficient market, the Frisch model of noise-driven cycles, the Lucas model of microfoundations and rational expectations, the Black-Scholes model of option pricing, and the Coase theory of transaction costs. Throughout, a general theory based on complex evolutionary economics is developed, which integrates different insights from Marx, Marshall, Schumpeter, Keynes and offers a new understanding of the evolutionary history of division of labour. This book will be of interest to postgraduates and researchers in Economics, including macroeconomics, financial economics, advanced econometrics and economic methodology.

Author : John E ROEMER
Publisher : Harvard University Press
ISBN 13 : 0674042859
Total Pages : 349 pages
Book Rating : 4.58/5 ( download)

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Download or read book Political Competition written by John E ROEMER and published by Harvard University Press. This book was released on 2009-06-30 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Roemer presents a unified and rigorous theory of political competition between parties and he models the theory under many specifications, including whether parties are policy oriented or oriented toward winning, whether they are certain or uncertain about voter preferences, and whether the policy space is uni- or multidimensional.