RAS History & PhilologyRusskaya rech

  • ISSN (Print) 0131-6117
  • ISSN (Online)3034-5928

Spontaneous demand for institutional change: towards a behavioral theory of public choice

PII
S086904990009198-9-
DOI
10.31857/S086904990009198-9
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 2
Pages
132-144
Abstract

The shift from the status quo of the majority of modern, following the everyday routine people may be associated with leaving their comfort zone and even with a significant decrease in their life quality. In this respect, one can question the possible reasons of why people choose to spontaneously protest and even take part in riots, that may likely lead to the degradation of existing social order. The authors discuss in this article the possible causes of spontaneous demand for institutional changes using the results from public choice and behavioral economics literature. Particularly, the authors consider the issues of constitutional choice in the light of spontaneous changes, focal points and the snowball, endowment, latent radicalization effects. The authors conclude with the possible risks associated with spontaneous demand for institutional changes.

Keywords
Constitutional choice, public choice, behavioral economics, endowment effect, focal points
Date of publication
27.04.2020
Number of purchasers
37
Views
2328

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