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Social Choice and Individual Values

By Arrow, Kenneth Joseph

Social Choice and Individual Values

Only 2 items left in stock
Description
2012 Reprint of 1951 Edition. Exact facsimile of the original edition, not reproduced with Optical Recognition Software. Kenneth Arrow's monograph "Social Choice and Individual Values" and a theorem within it created modern social choice theory, a rigorous melding of social ethics and voting theory with an economic flavor. The work culminated in what Arrow called the "General Possibility Theorem," better known thereafter as Arrow's (impossibility) theorem. The theorem states that, absent restrictions on either individual preferences or neutrality of the constitution to feasible alternatives, there exists no social choice rule that satisfies a set of plausible requirements. The result generalizes the voting paradox, which shows that majority voting may fail to yield a stable outcome.
Product details
Binding:
Paperback
Edition:
1
Number of Pages:
110
Release Date:
2012-09-01
Publication Date:
2012-09-01
Publisher:
Martino Fine Books
Languages:
Original: English
ISBN10:
1614273456
ISBN13:
9781614273455
Weight:
173 g
Height:
152 cm
Width:
229 cm
Thickness:
7 cm
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Very good
Almost no signs of wear. Book pages have no markings, accessories are intact and all other media are in good condition.
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