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Public choice theoryPublic choice theory is a social science that studies the decision-making behaviors of government officials from the perspective of economic theory. Its most noted advocate is James M. Buchanan who won The Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for his work on public choice theory.Public choice theory is closely related to rational choice theory. 
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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Public choice theory".