
How does one study the choices and decisions made by individuals and groups in political contexts? The new book, Models in Political Economy: Collective Choice, Voting, Elections, Bargaining, and Rebellion by Professor Emeritus of Economics Martin Osborne presents analyses of the processes citizens use to choose public policies, participate in voting and stand as candidates in elections, and even to stage revolutions.
Osborne wrote the book with an audience of third- and fourth-year undergraduates and graduate students in mind. Researchers and theorists who want to explore new areas in political economy will also find the book of interest. He sought to make the exposition “accessibly precise,” requiring only basic mathematical and analytical skills of readers. [Read more…]