Format:
1 Online-Ressource (vi, 152 pages)
ISBN:
9780231526869
Series Statement:
Kenneth J. Arrow Lecture Series
Content:
Kenneth Arrow's pathbreaking ?impossibility theorem" 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 Arrow's theorem. Sen considers its ongoing utility, exploring the theorem's 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 ideal?given
Note:
Table of Contents; Acknowledgments; Introduction, by Prasanta K. Pattanaik; Part 1: The Lectures ; Opening Remarks, by Joseph E. Stiglitz; Arrow and the Impossibility Theorem, by Amartya Sen; The Arrow Impossibility Theorem: Where Do We Go From Here?, by Eric Maskin; Commentary, by Kenneth J. Arrow; Part II: Supplemental Materials ; The Informational Basis of Social Choice, by Amartya Sen; On The Robustness of Majority Rule, by Partha Dasgupta and Eric Maskin; The Origins of the Impossibility Theorem, by Kenneth J. Arrow; Notes on Contributors
Additional Edition:
ISBN 9780231153287
Additional Edition:
Print version The Arrow Impossibility Theorem
Language:
English
Keywords:
Electronic books
URL:
Volltext
(lizenzpflichtig)
Author information:
Sen, Amartya 1933-
Author information:
Dasgupta, Partha 1942-
Author information:
Arrow, Kenneth Joseph 1921-2017
Author information:
Stiglitz, Joseph E. 1943-
Author information:
Pattanaik, Prasanta K. 1943-