Models in political economy

Collective choice, voting, elections, bargaining, and rebellion

by Martin J. Osborne

Cover of book

Models in political economy presents some of the main models in the field of political economy. Political economy, as the term is used by economists, is the study of the methods by which societies make collective decisions, whether by elections or by oligarchs, autocrats, or dictators. The book covers the areas of collective choice, voting, electoral competition, bargaining, and rebellion.

All the models are defined precisely and the results are proved in detail. All the formal content — definitions and results — is contained in boxes. This material is self-contained and can in principle be read independently of the informal discussion. Every term in these boxes that has a technical meaning, other than basic mathematical terms, is hyperlinked to its definition. If you click on the hyperlink you are taken to the definition. Your pdf viewer probably allows you to return to where you were by pressing the Backspace key or by holding the Alt key down and pressing the key (the left arrow key on the cursor pad).

full text

The full text of the book is freely available in electronic form from the publisher. Printed editions are also for sale.

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