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Accession Number:
AD0607584
Title:
GOVERNMENT DECISION-MAKING AND THE THEORY OF CHOICE,
Corporate Author:
RAND CORP SANTA MONICA CALIF
Report Date:
1964-10-01
Abstract:
The fundamental role of choices among alternative courses of action in government decision-making is demonstrated. The nature of decision-making is examined in terms of standard economic theory. The allocation of a given budget for defense is used as an illustration.
Supplementary Note:
Lecture given at RAND on 21 Jul 64, and revised with the benefit of discussion with A. Bergson, E. Domar, R. McKean, T. Rothenberg, and R. Zeckhauser.
Pages:
0012
File Size:
0.00MB
