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26 de jun. de 2012 · Originally published in 1951, Social Choice and Individual Values introduced “Arrow’s Impossibility Theorem” and founded the field of social choice theory in economics and political science. This new edition, including a new foreword by Nobel laureate Eric Maskin, reintroduces Arrow’s seminal book to a new generation of ...
This new edition, including a new foreword by Nobel laureate Eric Maskin, reintroduces Arrow's seminal book to a new generation of students and researchers. "Far beyond a classic, this small book unleashed the ongoing explosion of interest in social choice and voting theory.
Social Choice and Individual Values. Kenneth Arrow 's monograph Social Choice and Individual Values (1951, 2nd ed., 1963, 3rd ed., 2012) and a theorem within it created modern social choice theory, a rigorous melding of social ethics and voting theory with an economic flavor.
7 de feb. de 2019 · Social choice and individual values. by. Arrow, Kenneth Joseph, 1921-. Publication date. 1963. Topics. Liberty, Social values. Publisher. New York : Wiley.
The author discusses the implications of Arrow's theorem, which states that no satisfactory social welfare function is possible without interpersonal comparisons of utility. He argues that Arrow's theorem does not apply to Bergson's welfare economics, which assumes that tastes are given and that different economic states are ordered by a social function.
26 de jun. de 2012 · Social Choice and Individual Values: Third Edition. Originally published in 1951, "Social Choice and Individual Values" introduced "Arrow's Impossibility Theorem" and...
1. Introduction [1] 2. The Nature of Preference and Choice [9] 3. The Social Welfare Function [22] 4. The Compensation Principle [34] 5.
