Examlex
The crowding-in effect results from
Paradox Of Voting
The scenario where the cost of voting exceeds the expected benefits, leading to the rational abstention by individuals, despite collectively affecting the outcome.
Median-Voter Model
A theory in political science suggesting that the outcome of a majority-vote election is most likely to align with the preferences of the median voter.
Coase Theorem
The idea, first stated by economist Ronald Coase, that some externalities can be resolved through private negotiations among the affected parties.
Public Choice Theory
A theory that applies economic principles and methodologies to the analysis of political science, investigating decision-making in public sectors.
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