Anthony Downs

Downs, AnthonyDownsian
Anthony Downs (born November 21, 1930) is an American economist specializing in public policy and public administration.wikipedia
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An Economic Theory of Democracy

spatial
His most influential books are An Economic Theory of Democracy (1957) and Inside Bureaucracy (1967); widely translated, both are credited as major influences on the public choice school of political economy.
An Economic Theory of Democracy is a treatise of economics written by Anthony Downs, published in 1957.

Paradox of voting

In An Economic Theory of Democracy (1957), an early work in rational choice theory, Downs posited the paradox of voting, which claimed that significant elements of political life could not be explained in terms of voter self-interest.
This problem in modern public choice theory was analysed by Anthony Downs in 1957.

Political party

political partiespartyparties
Downs showed that in democracies the aggregate distribution of political opinion forms a bell-shaped curve, with most voters possessing moderate opinions; he argued that this fact forces political parties in democracies to adopt centrist positions.
Building on Harold Hotelling's work on the aggregation of preferences and Duncan Black's development of social choice theory, Anthony Downs showed how an underlying distribution of preferences in an electorate can produce regular results in the aggregate, such as the median voter theorem.

Public choice

public choice theorypoliticsConcentrated benefits and diffuse costs
His most influential books are An Economic Theory of Democracy (1957) and Inside Bureaucracy (1967); widely translated, both are credited as major influences on the public choice school of political economy.
Among other important works are Anthony Downs (1957) An Economic Theory of Democracy and Mancur Olson (1965) The Logic of Collective Action.

Rational ignorance

rationally ignorant
The term was coined by Anthony Downs in An Economic Theory of Democracy.

Median voter theorem

median voter theorymedian voterHotelling–Downs analysis
His left–right axis model has been integrated into the median voter theory first articulated by Duncan Black.
In 1957 with his paper titled An Economic Theory of Political Action in Democracy, Anthony Downs expounded upon the median voter theorem.

Duncan Black

D. Black
His left–right axis model has been integrated into the median voter theory first articulated by Duncan Black.

Americans

AmericanAmericaUnited States
Anthony Downs (born November 21, 1930) is an American economist specializing in public policy and public administration.

Economist

economistseconomicsgovernment economist
Anthony Downs (born November 21, 1930) is an American economist specializing in public policy and public administration.

Public policy

public affairspublic policiespolicy
Anthony Downs (born November 21, 1930) is an American economist specializing in public policy and public administration.

Public administration

administrationpublic officepublic management
Anthony Downs (born November 21, 1930) is an American economist specializing in public policy and public administration.

Brookings Institution

The Brookings InstitutionBrookings Institution PressBrookings
He has been a senior fellow at the Brookings Institution in Washington, D.C., since 1977.

Washington, D.C.

Washington, DCWashington D.C.District of Columbia
He has been a senior fellow at the Brookings Institution in Washington, D.C., since 1977.

Consultant

consultingconsultancyconsultants
Before 1977, Downs served for 18 years a member and then Chairman of Real Estate Research Corporation, a nationwide consultancy advising private and public decision-makers on real estate investment, housing policies, and urban affairs.

RAND Corporation

RANDProject RANDThe RAND Corporation
He also served as a Senior Analyst at the RAND Corporation and a professor at the University of Chicago.

University of Chicago

The University of ChicagoChicagoChicago University
He also served as a Senior Analyst at the RAND Corporation and a professor at the University of Chicago.

Carleton College

CarletonCarlton CollegeCarleton College, Minnesota
Downs received a B.A. in international relations and political theory from Carleton College in 1952, and an M.A. and Ph.D. in economics from Stanford University in 1956.

Economics

economiceconomisteconomic theory
Downs received a B.A. in international relations and political theory from Carleton College in 1952, and an M.A. and Ph.D. in economics from Stanford University in 1956.

Stanford University

StanfordLeland Stanford Junior UniversityUniversity of Stanford
Downs received a B.A. in international relations and political theory from Carleton College in 1952, and an M.A. and Ph.D. in economics from Stanford University in 1956.

Rational egoism

rational self-interestrational selfishnessself-interest
In An Economic Theory of Democracy (1957), an early work in rational choice theory, Downs posited the paradox of voting, which claimed that significant elements of political life could not be explained in terms of voter self-interest.

Normal distribution

normally distributedGaussian distributionnormal
Downs showed that in democracies the aggregate distribution of political opinion forms a bell-shaped curve, with most voters possessing moderate opinions; he argued that this fact forces political parties in democracies to adopt centrist positions.

Centrism

CentrecentristCenter
Downs showed that in democracies the aggregate distribution of political opinion forms a bell-shaped curve, with most voters possessing moderate opinions; he argued that this fact forces political parties in democracies to adopt centrist positions.

United States Department of Housing and Urban Development

Department of Housing and Urban DevelopmentU.S. Department of Housing and Urban DevelopmentHUD
Downs has served as a consultant to many of the nation's largest corporations and public institutions, including the U.S. Department of Housing and Urban Development (HUD) and the White House.