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Perspectives on Positive Political Economy

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Paperback | 4 February 1991

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280 Pages

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22.86 x 15.24 x 1.6

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This volume serves as an introduction to the new field of positive political economy and the various economic and political processes with which it is concerned. Grounded in the rational-actor methodology of microeconomics, positive political economy is devoted to the dual analysis of the role of economic behavior in political processes and of political behavior and constraints in economic exchange. The field has focused on three main subjects of study: models of collective action in industrialized democracies; the organization of markets and alternative mechanisms of exchange in the Third World; and the analysis of the role of transaction costs in the development and functioning of political and economic institutions. Developments in all of these areas are covered in the book. In the first part of the book, two chapters are devoted to explaining the evolution of the positive political economy approach; the first chapter focusing on microfoundations and the second on macrophenomena. In the second part of the book, three chapters demonstrate applications of the approach to the analysis of various forms of economic and political organizations. In the concluding section, four chapters discuss the research programs that have developed out of four different focuses of analysis: individual decision, exchange transactions, rent-seeking and indivisibilities.

Industry Reviews

"Unlike most edited volumes, this works as a collection. There are no clinkers, no weak contributors and no weak contributions...PPE is distinct from both political science and economics, not so much because those disciplines are unable to address the questions of interest, but because they have chosen not to." Michael C. Munger, The Southern Economic Journal "The book is a must for libraries and will find its way into many a scholar's personal library." Journal of Economic Literature

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You Can Find This Book In

Non-Fiction Economics Political Economy Development Economics & Emerging Economies Politics & Government Economic Theory & Philosophy

List of contributors	p. vii
Series editors' preface	p. ix
Acknowledgments	p. x
Editors' introduction	p. 1
The New Political Economy
The emerging discipline of political economy	p. 9
Macropolitical economy in the field of development	p. 31
Organizations, Transactions, and Opportunities
Bargaining costs, influence costs, and the organization of economic activity	p. 57
Corporate culture and economic theory	p. 90
Amenity potential, indivisibilities, and political competition	p. 144
Reflections on Theoretical Foundations
Political science and rational choice	p. 163
Institutions and a transaction-cost theory of exchange	p. 182
The costs of special privilege	p. 195
Toward a unified view of economics and the other social sciences	p. 212
Notes	p. 233
References	p. 245
Index	p. 257
Table of Contents provided by Syndetics. All Rights Reserved.

Perspectives on Positive Political Economy

At a Glance

Paperback

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

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