Elections Policy: Voting Is Not Only About Self-Interest

Gary D. Lynne ()
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Gary D. Lynne: University of Nebraska–Lincoln

Chapter Chapter 6 in Metaeconomics, 2020, pp 121-137 from Palgrave Macmillan

Abstract: Abstract Voting behavior has always been a puzzle. Metaeconomics solves the puzzle, making it clear that voting always involves a bit of sacrifice in Self-interest in order to achieve gains from the shared other-interest in political outcomes. Intriguingly, it also involves a bit of sacrifice in Other-interest in order to not sacrifice too much in the realm of self-interest. So, voting, just like all other Metaeconomics choices, involves maximizing Own-interest while sacrificing a bit in both domains of the dual interest. It is also clarified that Government, composed of elected politicians, appointed officials, bureaucrats, and staff need to be careful to serve the other-interest shared with every person, avoiding the primal tendency to self-interest only choices, which can especially lead to crony capitalism.

Date: 2020
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DOI: 10.1007/978-3-030-50601-8_6

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