Grigor Akhinov: Public Choice Theory – non-market method for allocation of economic resources

The third webinar will be held with Grigor Akhinov - Doctor of Economics, Professor of the Chair of Political Economy, Department of Economics, Lomonosov Moscow State University.

The modern structure of public life is based on the theory of public choice, according to which, the citizen delegates his/ her authority to make decisions regarding the volume and structure of the production, and the financing of public and socially significant goods to his/ her proxies in the government and administration bodies. This implies the need to consider the following concepts: assessing the preferences of the voters, electoral systems and voting procedures, taking into account the interests of the minority, as well as the subjects of the political market: a voter, a politician, a political party, a lobbyist, the state, an official.

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