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Back to Public Choice and Politics Without Romance (with Mike Munger), with Mike Munger.

Why Does Politics as Exchange Fail to Scale Beyond Small Groups?

Politics as exchange succeeds in small groups because participants like each other and share information about preferences and allergies while possessing incentives to accommodate others. Politics as exchange fails to scale because participants lack enough information along with incentives to be solicitous of others.

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Public Choice and Politics Without Romance (with Mike Munger) ·

EconTalk

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