The former basis includes Public Choice Theory, Principal Agent Theory and Transaction Cost Theory.

经济学基础主要包括公共选择理论、委托代理理论、交易成本理论。

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Second, analyse the causes for the gap between urban and rural compulsory education investment in view of public choice theory.

结果表明，农村义务教育在人力、物力、财力三个方面的投入均低于城镇。

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The public choice theory, the economical responsibility theory and new public management theory guiding by outputs are the theoretical basis of educational expenditure performance assessment.

公共选择理论、受托经济责任理论和以产出为导向的新公共管理理论是对财政教育支出进行绩效评价的理论基础。

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But the alternative you put forward namely, that government play a greater role in certain aspects of last-mile broadband infrastructure raises profound concerns involving transactions costs (which are intertwined with public choice theory and the economic calculation problem).

FORBES: Telecommunications And The Public Use Principle

Public Choice Theory suggests so.

FORBES: The Myriad Infirmities of Democracy

Public choice theory explains the incentives and behavior of the tens of thousands of government employees who work in the bowels of the Bureau of Labor Statistics, Bureau of Economic Analysis, U.S. Treasury, Office of Management and Budget, Economics and Statistics Administration, and countless other agencies who generate and massage spreadsheets day in and day out.

FORBES: Distorted Government Statistics Endanger Our Economic Health