public choice theory

基本解釋

The writer thinks the social welfare theory and the public choice theory are its main theoretical foundation.
它的建立符合歷史發(fā)展的潮流，理論基礎(chǔ)筆者認為主要是社會福利學(xué)說和公共選擇理論。
In the view of public choice theory, the government itself also fails when it makes up for the failure of the market.
從公共選擇理論看來，政府在彌補市場失靈的同時，自身也會產(chǎn)生失靈。
The theory of public choice has remarkable characteristics in analytic framework compared to the main-stream economics.
公共選擇理論與主流經(jīng)濟學(xué)相比在分析框架上有顯著特征。

But the alternative you put forward — namely, that government play a greater role in certain aspects of last-mile broadband infrastructure — raises profound concerns involving transactions costs (which are intertwined with public choice theory and the economic calculation problem).
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Public Choice Theory suggests so.
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Public choice theory explains the incentives and behavior of the tens of thousands of government employees who work in the bowels of the Bureau of Labor Statistics, Bureau of Economic Analysis, U.S. Treasury, Office of Management and Budget, Economics and Statistics Administration, and countless other agencies who generate and massage spreadsheets day in and day out.
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