Positive Political Theory I is concerned with the formal theory of preference aggregation for collective choice. The theory is developed as generally as possible, covering classes of aggregation methods that include such well-known examples as majority and unanimity rule and focusing in particular on the extent to which any aggregation method is assured to yield a set of "best" alternatives. The book is intended both as a contribution to the theory of collective choice and a pedagogic tool. Austen-Smith and Banks have made the exposition both rigorous and accessible to people with some technical background (e.g., a course in multivariate calculus). The intended readership ranges from more technically-oriented graduate students and specialists to those students in economics and political science interested less in the technical aspects of the results than in the depth, scope, and importance of the theoretical advances in positive political theory. "This is a stunning book. Austen-Smith and Banks have a deep understanding of the material, and their text gives a powerfully unified and coherent perspective on a vast literature. The exposition is clear-eyed and efficient but never humdrum. Even those familiar with the subject will find trenchant remarks and fresh insights every few pages. Anyone with an interest in contemporary liberal democratic theory will want this book on the shelf." --Christopher Achen, University of Michigan David Austen-Smith is Professor of Political Science, Professor of Economics, and Professor of Management and Strategy, Northwestern University. Jeffrey S. Banks is Professor of Political Science, California Institute of Technology.

A guide to methods in analytical political theory, offering concrete advice and clear examples of good and bad practice.

This volume serves as an introduction to the field of positive political economy and the economic and political processes with which it is concerned. This new research tradition is distinct from both normative and historical approaches to political economy. Grounded in the rational-actor methodology of microeconomics, positive political economy is the study of rational decisions in a context of political and economic institutions. More analytical than traditional approaches, it is concerned with the derivation of principles and propositions against which real-world experience may be compared. Its focus is on empirical regularities, and its goal is theoretical explanation. The field has focused on three main areas of research: models of collective action, constraints on competitive market processes, and the analysis of transaction costs. Developments in all of these areas are covered in the book. The first part of the volume surveys the field, while the second part displays positive political economy at work, examining a variety of subjects. The final part contains essays by leading political economists on the theoretical foundations of the field.

“A major piece of work . . . a classic. There is no other book like it.” —Norman Schofield, Washington University “The authors succeed brilliantly in tackling a large number of important questions concerning the interaction among voters and elected representatives in the political arena, using a common, rigorous language.” —Antonio Merlo, University of Pennsylvania Positive Political Theory II: Strategy and Structure is the second volume in Jeffrey Banks and David Austen-Smith’s monumental study of the links between individual preferences and collective choice. The book focuses on representative systems, including both elections and legislative decision-making processes, clearly connecting individual preferences to collective outcomes. This book is not a survey. Rather, it is the coherent, cumulative result of the authors’ brilliant efforts to indirectly connect preferences to collective choice through strategic behaviors such as agenda-selection and voting. The book will be an invaluable reference and teaching tool for economists and political scientists, and an essential companion to any scholar interested in the latest theoretical advances in positive political theory.

This book argues that the distinction between positive and negative freedom remains highly pertinent today, despite having fallen out of fashion in the late twentieth century. It proposes a new reading of this distinction for the twenty-first century, building on the work of Constant, Green and Berlin who led the historical development of these ideas. The author defends the idea that freedom is a dynamic interaction between two inseparable, yet sometimes fundamentally, opposed positive and negative concepts – the yin and yang of freedom. Positive freedom is achieved when one succeeds in doing what is right, while negative freedom is achieved when one is able to advance one’s wellbeing. In an environment of culture wars, resurging populism and challenge to progressive liberal values, recognising the duality of freedom can help us better understand the political dilemmas we face and point the way forward. The book analyses the duality of freedom in more philosophical depth than previous studies and places it within the context of both historical and contemporary political thinking. It will be of interest to students and scholars of liberalism and political theory.

This book presents the rational choice theories of collective action and social choice, applying them to problems of public policy and social justice. Joe Oppenheimer has crafted a basic survey of, and pedagogic guide to, the findings of public choice theory for political scientists. He describes the problems of collective action, institutional structures, regime change, and political leadership.