New political economics / Political economy

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The new political economics (also Public Choice), covers those theories and Forschungsgebiete, which explain political behavior, decision-making processes and structures predominantly on basis of the neoclassical economic theory. The political participants are regarded individually and/or within collectively acting groups such as voters, administrations, parties and syndicates.

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The is considered to a large extent as "positive" Contrary to the normative the theories and explanations of the orient themselves at the "world, like them are", not at the "world, like them to be should".

Acceptance

Basic assumption of the new political economics is the Methodologi individualism with the model rationally acting of self-interests of the led Homo oeconomicus. The theory assumes there is a fight for offices in the political force field. Political decisions are regarded here as by-product Schumpeter).

E.G. politicians in the theories of the are not regarded or only partially as "public interest Maximierer". Rather their behavior is determined be red-elect by the interest, it maximizes its own welfare.