Question

public choice theory assumes that politicians maximize their own utility rather than that of voters.

true or false

Answer 1

Public choice, or public choice theory, is "the use of economic tools to deal with traditional problems of political science".Its content includes the study of political behavior. In political science, it is the subset of positive political theory that studies self-interested agents (voters, politicians, bureaucrats) and their interactions, which can be represented in a number of ways – using (for example) standard constrained utility maximization, game theory, or decision theory.

Public choice theory is also closely related to social choice theory, a mathematical approach to aggregation of individual interests, welfares, or votes as well as tell us how the Politicians behave in their own self interest. Hence above statement is True.