The Arrow Impossibility Theorem - Kenneth J. Arrow Lecture Series (Hardback)
  • The Arrow Impossibility Theorem - Kenneth J. Arrow Lecture Series (Hardback)
zoom

The Arrow Impossibility Theorem - Kenneth J. Arrow Lecture Series (Hardback)

(author), (author), (with), (with), (with), (with)
£14.99
Hardback 168 Pages / Published: 15/08/2014
  • We can order this

Usually despatched within 1 week

  • This item has been added to your basket
Kenneth J. Arrow's pathbreaking "impossibility theorem" was a watershed innovation 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 Eric Maskin and Amartya Sen 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, and Maskin discusses how to design a voting rule that gets us closer to the ideal-given the impossibility of achieving the ideal. The volume also contains a contextual introduction by social choice scholar Prasanta K. Pattanaik and commentaries from Joseph E. Stiglitz and Kenneth J. Arrow himself, as well as essays by Maskin, Dasgupta, and Sen outlining the mathematical proof and framework behind their assertions.

Publisher: Columbia University Press
ISBN: 9780231153287
Number of pages: 168
Weight: 326 g
Dimensions: 210 x 140 x 18 mm

You may also be interested in...

The Wealth of Nations
Added to basket
The Wealth Of Nations
Added to basket
Capitalism and Freedom
Added to basket
Conspicuous Consumption
Added to basket
Capital
Added to basket
£3.99
Paperback
Wealth of Nations
Added to basket
£3.99
Paperback
Game Theory: A Very Short Introduction
Added to basket
Small Is Beautiful
Added to basket
The Wealth of Nations
Added to basket
How Much is Enough?
Added to basket
How Markets Fail
Added to basket
£9.99
Paperback
The Essential Keynes
Added to basket
The Constitution of Liberty
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.