Respuesta :
Answer:
Bureaucracy (Government's People) Inefficiencies are pointed in Public Choice Theory.
Explanation:
Public Choice Theory is an 'economic perspective' of analysing public (government administration). It, in a way is application of economics to political science.
This theory is a contradiction to 'Public Interest Theory', stating government's representatives (public servants) are self benevolent & motivated by desire to maximise social interest.
But, Public Choice Theory has following contrasting characteristics :
- Public servants attitude towards public (consumer of their service)is different from private sector's attitude towards their consumers
- Private sector gets revenue from their consumers, public sector revenue & expenditure are unrelated with respect to consumers.
- Public bureaucrats have no financial incentive to minimise cost & maximise profit.
These all factors lead to inefficiency in public sector as per Public Choice Theory.
Answer:
is best understood by applying the same principles we use to predict the behavior of people in the private sector.
Explanation:
The theory of public choice is a field of economics that has originated from the study of taxes and public expenditure. Public choice is based on the same concepts that economists use to evaluate people's actions in the economy and to apply them to the action of people's decision-making. The proponents of this theory have the belief that while people in the political market are worried about other concerns, their primary motivation, whether they be constituents, legislators, lobbyists or officials, is self-interest.
