Public Choice in Theory and Practice
Public Choice in Theory and Practice
Prof. Dr. Bernhard Neumärker
Bianca Blum and Matthew Bonick
Albert-Ludwigs-Universität Freiburg
Department for Economic Policy and Constitutional Economic Theory
Schedule
Lectures: Bianca Blum and Matthew Bonick
E-mails: matthew.bonick@vwl.uni-freiburg.de or bianca.blum@vwl.uni-freiburg.de
Time: | Monday, 14-16h |
Room: | AU 01036a (Alte Uni) |
Start: | 12th. December 2016 |
Time: | Tuesday, 14-16h |
Room: | KG 1021 |
Start: | 13th December 2016 |
Time: | Thursday, 14-16h |
Room: | KG 1019 |
Start: | 15th December 2016 |
Modalities
- This course is designated for second-year students of the University College Freiburg (Bachelor of Arts and Liberal Sciences). It is an elective course.
- Recommended prerequisites: None.
- This module is entirely taught in English.
- 6 ECTS-points.
Coordinator
Prof. Dr. Bernhard Neumärker
Downloads
Lecture:
Literature:
- Literature will be provided on ILIAS.
Outline and References
Course Structure
I Introduction
II Foundation of Public Choice
1 Basic Concepts
2 Public Choice and the difference to Welfare economics
III Origins of the State
1 Reason for the Rules
2 From Anarchy to the Social Contract
IV Voting Rules, Institutional Structures and, their effects
1 Voting Rules: Unanimity vs Majoritarian
2 Constitutional Structures and Outcomes
3 Problems of Delegated Power (Classical Principle Agent)
3.1 Asymmetric Information
3.2 Rent Seeking
3.3 Voters Paradox
V Power, Institutions and Public Choice
VI Other Factors in Public Choice
1 Social Norms
2. Ethnic Fractionalization
Liturature
1) "Public Choice III" by Dennis Mueller, 2nd edition.
2) All other literature will be assigned over the course of the semester.