Public Choice Theory

Type: Concept

As of November 2026, Public Choice Theory has been mentioned in one podcast episode on 3 Takeaways (Jul 2024). Mentioned as a theory that critiques the romantic view of government as disinterested.

Public choice, or public choice theory, is a formal theory of political and social science that applies economic methods—namely, rational choice theory, game theory, decision theory, and social choice theory—to study political agents and their interactions. Public choice research includes theories of political behaviour, political economics, public economy, and constitutional economics.