ECTAP
 
HomeDespre ECTAEventsPolitica editorialaTrimite un articolParteneri / link-uri utileArchiveAbonamentContact
 

ISSN 1841-8678   (print)
ISSN 1844-0029   (online)

News

Archive ECTAP

Note: for the period 1994-2003 the archive of the magazine will not be available online

Supplements ECTAP

If you cannot open the pdf file you need Adobe Reader.
download Adobe Reader

Creative Commons License

Theoretical and Applied Economics
No. 2 / 2015 (603), Summer

Public choice and the social beneficiary

Mariana IOVIȚU
Bucharest University of Economic Studies, Romania
Florina BRAN
Bucharest University of Economic Studies, Romania

Abstract. Using the scientific tools for the positive-normative binomial approach, the present paper deals with the manner in which the “second best theory” represents the basis for the “public choice theory” in terms of rational allocation of resources between economy’s different components (sectors). For example purposes, it was examined the manner in which the ecological efficiency is found in the economic decision assessment system. Any development program that will be limited to the purely economic interactions, neglecting thus the repercussion on the social and ecological component is, from the start, unrealistic because not everything that is economically efficient is also socially efficient. The governmental intervention aims to correct the market failures in terms of rational resource allocation.

Keywords: public choice theory, the second-best theory, ecological efficiency, externalities, self-organized governance.

Download the full article:  

Contents

Open acces

ECTAP

Search

BOOKS

The Economicity. The Epistemic Landscape, Marin Dinu, 2016

Partners


ISSN 1841-8678 (ediția print) / ISSN 1844-0029 (ediția online)
© Copyright Asociația Generală a Economiștilor din România (AGER) / General Association of Economists From Romania  (GAER)
Redacția: 010702, București, Calea Griviței nr. 21, sector 1, E-mail: economia.ta@edeconomica.com

© 2006-2019 AGER