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One theme that has emerged from the literature on political economy concerns the transition to democracy: why would dominant elites give up oligarchic power? This book addresses the fundamental question of democratic stability and the collapse of tyranny by considering a formal model of democracy and tyranny.
SOCIAL CHOICE AND DEMOCRACY, however, is not merely a synthetic exercise, for Schofield's own work over the last decade has constituted a major initiative in deepening and' broadening our general understanding of voting arrangements.
In recent years, the usual optimisation techniques have been extended to incorporate more powerful topological and differential methods, and these methods have led to new results on the qualitative behaviour of general economic and political systems.
Leadership or Chaos provides a self-contained text in political economy dealing with social choice. Theory and empirical analysis are used to examine democratic institutions in the developed world, and the success or failure of democratization in under-developed countries.
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