Examines the friction between modern technology and human rationality within liberal democracies, and advocates a behaviorally grounded theory of democracy for the digital age.
Abstract
Behavioral Political Economy and Democratic Theory examines the friction between modern technology and human rationality within liberal democracies. As we move further into a digitally-driven information age, challenges such as disinformation and extreme political polarization become more prominent. Using a behavioral economics approach, the book explores solutions to these issues while maintaining democratic values and optimizing democratic decision-making. It advocates for a behaviorally grounded theory of democracy and discusses how our understanding of human rationality’s limitations can help shape robust democratic institutions.
Citation
Špecián, Petr. 2022. Behavioral Political Economy and Democratic Theory: Fortifying Democracy for the Digital Age. Routledge Frontiers of Political Economy. New York: Routledge.