Question

Downs' An Economic Theory. Do Downs' theories make sense? Does using economic theory to describe political behavior make sense, or do you have concerns about it?

Answer 1

No, the Downs' theories make sense in an economy. Downs' economic theory abstains from making normative statements related to the public policy choices and rather focuses on what termed to be rational, given the incentives which are relevant for government to perform their work. He proposes to study the political behaviour of the so-called rational individual be means of a model; and also provides a rudimentary theory of political behaviour of rational men. However Dawn is mistaken in his expectations of what his axiomatization can accomplish or do. With the Dawn method there can be no quarrel; he overestimated its usefulness for empirical study of political behaviour approach. In actual, Downs' axiom are that political parties wants to maximize cotes; and people rationally wants to maximize their utility income. However in actual, under certain circumstance a rational individual may prefer to vote for a party he prefer to see in the power; and also the incentive to collect information is very small as an individual think that his vote is not decisive in each election