An Economic Theory of DemocracyThis book seeks to elucidate its subject-the governing of democratic state-by making intelligible the party politics of democracies. Downs treats this differently than do other students of politics. His explanations are systematically related to, and deducible from, precisely stated assumptions about the motivations that attend the decisions of voters and parties and the environment in which they act. He is consciously concerned with the economy in explanation, that is, with attempting to account for phenomena in terms of a very limited number of facts and postulates. He is concerned also with the central features of party politics in any democratic state, not with that in the United States or any other single country. |
From inside the book
Results 1-3 of 11
... voter to sell his vote than to vote - whether collectively or individually — as long as he is indifferent about what policies government adopts . It is also more rational for him to sell his vote if he regards the votes of all other ...
... selling their votes . However , they should still sell them via collective bargaining so as to get the maximum money for them . Otherwise vote - buyers can play each seller off against the rest and capture all the rent in the market ...
... vote - selling mar- ket would make everyone better off even though everyone tried to minimize costs and maximize returns . These conditions are as fol- lows : 1. No vote - seller receives a bribe smaller in utility value to him than the ...