Beyond Conventional Economics: The Limits of Rational Behaviour in Political Decision Making

Product DescriptionBeyond Conventional Economics presents new original work from leading scholars on the interface between the individual and political and social institutions. The book offers a critique of the inadequacies of the conventional economic approach to politics and a state-of-the-art view of new paradigms challenging the dominant economic notion of the individual. A number of chapters also explore the limits of individually rational behaviour in political decision making - some by challenging the orthodox content of the idea of rationality, others by providing fresh views on the operation of political processes.This book is a must-read for anyone interested in understanding individual behaviour under limited rationality. Thought-provoking and enlightening, this is a unique book documenting a meaningful debate on the limits of rational behaviour inside public choice circles and will appeal to a wide audience of economists, political scientists and public choice scholars.Review'Beyond Conventional Economics is a diverse collection of eight essays written in honor of public choice legend Geoffrey Brennan. . . There is something here for everyone. . . Eusepi and Hamlin begin this diverse volume with a well-written, informative, and concise introduction. For readers who prefer to pick and choose, Eusepi and Hamlin provide all the guidance you will need.'About the AuthorEdited by the late Giuseppe Eusepi, formerly Professor of Public Finance, Department of Law and Economics of Productive Activities, Sapienza University of Rome, Italy and Alan P. Hamlin, Formerly Professor of Political Theory, University of Manchester, UK