Public Choice Analysis

question 30

Multiple Choice

Public choice analysis

• A) assumes individuals in the public sector seek to serve the public interest rather than their own personal interests.
• B) is the study of the decision making of individual actors (such as voters, politicians, and bureaucrats) in the public sector.
• C) suggests that individual voters have a greater incentive to become informed when making choices among political candidates than when making choices about the products they consume.
• D) finds that the individuals managing government agencies generally have a much stronger incentive to be efficient than do individuals managing private businesses.

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Definitions:

Subjective Approach

A method or perspective based on personal opinions, feelings, and preferences rather than objective facts or data.

Judgmental Nature

The tendency to make decisions or form opinions based on personal biases, assessments, and evaluations rather than objective evidence.

Employment Tests

Assessments used by employers to evaluate the skills, abilities, and fit of potential and current employees for particular roles.

Validated

A process where a test or procedure has been confirmed through research or experience to effectively measure what it claims to measure.