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Collective Choice and Social Welfare

Collective Choice and Social Welfare PDF Author: Amartya Sen
Publisher:
ISBN: 0674919211
Category : Business & Economics
Languages : en
Pages : 641

Book Description
Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the "impossibility theorems" in social choice theory--led by the pioneering work of Kenneth Arrow--do not negate the possibility of reasoned and democratic social choice. Sen's ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book's first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. "Expanding on the early work of Condorcet, Pareto, Arrow, and others, Sen provides rigorous mathematical argumentation on the merits of voting mechanisms...For those with graduate training, it will serve as a frequently consulted reference and a necessity on one's book shelf." --J. F. O'Connell, Choice

Collective Choice and Social Welfare

Collective Choice and Social Welfare PDF Author: Amartya Sen
Publisher:
ISBN: 0674919211
Category : Business & Economics
Languages : en
Pages : 641

Book Description
Originally published in 1970, this classic study has been recognized for its groundbreaking role in integrating economics and ethics, and for its influence in opening up new areas of research in social choice, including aggregative assessment. It has also had a large influence on international organizations, including the United Nations, notably in its work on human development. The book showed that the "impossibility theorems" in social choice theory--led by the pioneering work of Kenneth Arrow--do not negate the possibility of reasoned and democratic social choice. Sen's ideas about social choice, welfare economics, inequality, poverty, and human rights have continued to evolve since the book's first appearance. This expanded edition preserves the text of the original while presenting eleven new chapters of fresh arguments and results. "Expanding on the early work of Condorcet, Pareto, Arrow, and others, Sen provides rigorous mathematical argumentation on the merits of voting mechanisms...For those with graduate training, it will serve as a frequently consulted reference and a necessity on one's book shelf." --J. F. O'Connell, Choice

Collective Choice and Social Welfare

Collective Choice and Social Welfare PDF Author: A.K. Sen
Publisher: Elsevier
ISBN: 1483294579
Category : Business & Economics
Languages : en
Pages : 236

Book Description
This book is concerned with the study of collective preference, in particular with the relationship between the objectives of social action and the preferences and aspirations of society's members. Professor Sen's approach is based on the assumption that the problem of collective choice cannot be satisfactorily discussed within the confines of economics. While collective choice forms a crucial aspect of economics, the subject pertains also to political science, the theory of the state, and to the theory of decision procedures. The author has therefore used material from these disciplines, plus philosophical aspects from ethics and the theory of justice.

Collective Choice and Social Welfare

Collective Choice and Social Welfare PDF Author: Amartya Sen
Publisher:
ISBN:
Category : Social choice
Languages : en
Pages : 260

Book Description
Textbook on the relationship between the objectives of social policy and preferences and aspirations of members of society, with particular reference to collective decision making in respect of social welfare. Bibliography pp. 201 to 218 and statistical tables.

Collective Choice and Social Welfare

Collective Choice and Social Welfare PDF Author: Amartya K. Sen
Publisher:
ISBN:
Category :
Languages : en
Pages :

Book Description


The Arrow Impossibility Theorem

The Arrow Impossibility Theorem PDF Author: Eric Maskin
Publisher: Columbia University Press
ISBN: 0231153287
Category : Business & Economics
Languages : en
Pages : 164

Book Description
Kenneth Arrow's pathbreaking Òimpossibility theoremÓ was a watershed in the history of welfare economics, voting theory, and collective choice, demonstrating that there is no voting rule that satisfies the four desirable axioms of decisiveness, consensus, nondictatorship, and independence. In this book, Amartya Sen and Eric Maskin explore the implications of ArrowÕs theorem. Sen considers its ongoing utility, exploring the theoremÕs value and limitations in relation to recent research on social reasoning, while Maskin discusses how to design a voting rule that gets us closer to the idealÑgiven that achieving the ideal is impossible. The volume also contains a contextual introduction by social choice scholar Prasanta K. Pattanaik and commentaries from Joseph E. Stiglitz and Kenneth Arrow himself, as well as essays by Sen and Maskin outlining the mathematical proof and framework behind their assertions.

A Primer in Social Choice Theory

A Primer in Social Choice Theory PDF Author: Wulf Gaertner
Publisher: Oxford University Press, USA
ISBN: 9780199297511
Category : Business & Economics
Languages : en
Pages : 222

Book Description
This introductory text explores the theory of social choice. Written as a primer suitable for advanced undergraduates and graduates, this text will act as an important starting point for students grappling with the complexities of social choice theory. Rigorous yet accessible, this primer avoids the use of technical language and provides an up-to-date discussion of this rapidly developing field. This is the first in a series of texts published in association with the LSE.

Rational Choice, Collective Decisions, and Social Welfare

Rational Choice, Collective Decisions, and Social Welfare PDF Author: Kotaro Suzumura
Publisher: Cambridge University Press
ISBN: 9780521122559
Category : Business & Economics
Languages : en
Pages : 298

Book Description
An examination of the phenomenon of social cooperation failure, even amongst a group of rational individuals.

Collective Choice and Social Welfare

Collective Choice and Social Welfare PDF Author: Amartya Kumar Sen
Publisher:
ISBN:
Category :
Languages : en
Pages : 225

Book Description


Social Choice and Individual Values

Social Choice and Individual Values PDF Author: Kenneth Joseph Arrow
Publisher: Yale University Press
ISBN: 9780300013641
Category : Social Science
Languages : en
Pages : 152

Book Description
The literature on the theory of social choice has grown considerably beyond the few items in existence at the time the first edition of this book appeared in 1951. Some of the new literature has dealt with the technical, mathematical aspects, more with the interpretive. My own thinking has also evolved somewhat, although I remain far from satisfied with present formulations. The exhaustion of the first edition provides a convenient time for a selective and personal stocktaking in the form of an appended commentary entitled, 'Notes on the Theory of Social Choice, 1963, ' containing reflections on the text and its omissions and on some of the more recent literature. This form has seemed more appropriate than a revision of the original text, which has to some extent acquired a life of its own.

Individual and Collective Choice and Social Welfare

Individual and Collective Choice and Social Welfare PDF Author: Constanze Binder
Publisher: Springer
ISBN: 366246439X
Category : Business & Economics
Languages : en
Pages : 377

Book Description
The papers in this volume explore various issues relating to theories of individual and collective choice, and theories of social welfare. The topics include individual and collective rationality, motivation and intention in economics, coercion, public goods, climate change, and voting theory. The book offers an excellent overview over latest research in these fields.