A public choice theorist would be most likely to say that government failure is a consequence of the__________.

Business

1 answer:

tankabanditka [31]3 years ago

6 0

Answer:

Rational behaviour of the participants of the political process.

Explanation:

Public choice theory is the theory used in economic as well as political domain as a process of decision-making. It administers the use of economics-related knowledge in the field of politics and thus, focuses on solving various political problems with the help of economic tools. While making decision-related to political issues according to the public choice theory, it is important to have adequate economics and political knowledge, and the decision should not be based on any rational behavior.

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