Analytic radicalism
Article
Taylor, Brad. 2013. "Analytic radicalism." Constitutional Political Economy. 24 (2), pp. 166-172. https://doi.org/10.1007/s10602-013-9134-y
Article Title | Analytic radicalism |
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ERA Journal ID | 18672 |
Article Category | Article |
Authors | |
Author | Taylor, Brad |
Journal Title | Constitutional Political Economy |
Journal Citation | 24 (2), pp. 166-172 |
Number of Pages | 7 |
Year | 2013 |
Place of Publication | United States |
ISSN | 1043-4062 |
1572-9966 | |
Digital Object Identifier (DOI) | https://doi.org/10.1007/s10602-013-9134-y |
Web Address (URL) | http://link.springer.com/article/10.1007/s10602-013-9134-y |
Abstract | Brennan and Hamlin provide a normative justification for dispositional conservatism based on the concave value functions which give rise to quasi-risk aversion. This note modifies this argument for 'analytic conservatism' by allowing jurisdictional exit in response to institutional decline. By providing a welfare floor which limits the cost of failure, exit reverses the normative implications of Brennan and Hamlin’s argument, making risk-neutral agents quasi-risk seeking and justifying a radical disposition to reform under some circumstances. |
ANZSRC Field of Research 2020 | 380113. Public economics - public choice |
380119. Welfare economics | |
440811. Political theory and political philosophy | |
Public Notes | Files associated with this item cannot be displayed due to copyright restrictions. |
Byline Affiliations | Australian National University |
Institution of Origin | University of Southern Queensland |
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https://research.usq.edu.au/item/q33vx/analytic-radicalism
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