Abstract
Interest groups, and political factors more generally, have played an increasingly important role in recent discussions of the factors determining relative and absolute economic growth in Australia and other countries. As part of this process, economists have made increasingly bold claims as to their ability to explain and predict political processes using models centred on the notion of interest groups and the use of a very simple model of human behaviour, which may be termed ‘egoistic rationality’. Analyses based on the assumption of egoistic rationality have been applied to a wide range of problems in social science areas, with varying levels of perceived success.
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© 1989 Centre for Economic Policy Research
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Quiggin, J. (1989). The Role and Consequences of Special Interest Groups and Political Factors. In: Chapman, B. (eds) Australian Economic Growth. Palgrave, London. https://doi.org/10.1007/978-1-349-11084-1_4
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DOI: https://doi.org/10.1007/978-1-349-11084-1_4
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-50200-6
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