Indian Polity · Polity
Consider the following statements regarding Public Choice theory: 1. It assumes that individuals operate primarily as self-interested, rational utility maximizers. 2. It models bureaucrats as actors seeking to maximize their own budgets, power, and prestige. 3. It completely rejects market-oriented administrative reforms and institutional pluralism. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 21 and 3 only
- 32 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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