Welfare Economics and Social Choice Theory

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 038729368X
Total Pages : 401 pages
Book Rating : 4.3/5 (872 download)

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Book Synopsis Welfare Economics and Social Choice Theory by : Allan M. Feldman

Download or read book Welfare Economics and Social Choice Theory written by Allan M. Feldman and published by Springer Science & Business Media. This book was released on 2006-06-14 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the main topics of welfare economics — general equilibrium models of exchange and production, Pareto optimality, un certainty, externalities and public goods — and some of the major topics of social choice theory — compensation criteria, fairness, voting. Arrow's Theorem, and the theory of implementation. The underlying question is this: "Is a particular economic or voting mechanism good or bad for society?" Welfare economics is mainly about whether the market mechanism is good or bad; social choice is largely about whether voting mechanisms, or other more abstract mechanisms, can improve upon the results of the market. This second edition updates the material of the first, written by Allan Feldman. It incorporates new sections to existing first-edition chapters, and it includes several new ones. Chapters 4, 6, 11, 15 and 16 are new, added in this edition. The first edition of the book grew out of an undergraduate welfare economics course at Brown University. The book is intended for the undergraduate student who has some prior familiarity with microeconomics. However, the book is also useful for graduate students and professionals, economists and non-economists, who want an overview of welfare and social choice results unburdened by detail and mathematical complexity. Welfare economics and social choice both probably suffer from ex cessively technical treatments in professional journals and monographs.

Handbook of Social Choice and Welfare

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Publisher : Elsevier
ISBN 13 : 0080929826
Total Pages : 985 pages
Book Rating : 4.0/5 (89 download)

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Book Synopsis Handbook of Social Choice and Welfare by : Kenneth J. Arrow

Download or read book Handbook of Social Choice and Welfare written by Kenneth J. Arrow and published by Elsevier. This book was released on 2010-10-13 with total page 985 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second part of a two-volume set continues to describe economists' efforts to quantify the social decisions people necessarily make and the philosophies that those choices define. Contributors draw on lessons from philosophy, history, and other disciplines, but they ultimately use editor Kenneth Arrow's seminal work on social choice as a jumping-off point for discussing ways to incentivize, punish, and distribute goods. Develops many subjects from Volume 1 (2002) while introducing new themes in welfare economics and social choice theory Features four sections: Foundations, Developments of the Basic Arrovian Schemes, Fairness and Rights, and Voting and Manipulation Appeals to readers who seek introductions to writings on human well-being and collective decision-making Presents a spectrum of material, from initial insights and basic functions to important variations on basic schemes

Welfare Economics and Social Choice Theory

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1461581419
Total Pages : 238 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Welfare Economics and Social Choice Theory by : A.M. Feldman

Download or read book Welfare Economics and Social Choice Theory written by A.M. Feldman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers the main topics of welfare economics - general equilib rium models of exchange and production, Pareto optimality, externalities and public goods - and some of the major topic of social choice the ory - compensation criteria, fairness, voting, Arrow's Theorem, and stra tegic behavior. The underlying question is this: "Is a particular economic or voting mechanism good or bad for society?" Welfare economics is mainly about whether the market mechanism is good or bad; social choice is largely about whether voting mechanisms can improve upon the results of the market. The book grew out of my undergraduate welfare economics course at Brown University, and it is intended for the undergraduate student who has some prior familiarity with microeconomics. However the book is also use ful for graduate students and professionals, economists and non-econo mists, who want an overview of welfare and social choice results unbur dened by detail and mathematical complexity.

Social Choice, Welfare, and Ethics

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Publisher : Cambridge University Press
ISBN 13 : 9780521443401
Total Pages : 438 pages
Book Rating : 4.4/5 (434 download)

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Book Synopsis Social Choice, Welfare, and Ethics by : William A. Barnett

Download or read book Social Choice, Welfare, and Ethics written by William A. Barnett and published by Cambridge University Press. This book was released on 1995-02-24 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Parts three and four are devoted to algebraic and combinatorial aspects of social choice theory, including analyses of Arrow's Theorem, consensus functions, and the role of geometry. Part five deals with the application of cooperative game theory to social choice.

Business Cycle Theory

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Publisher :
ISBN 13 : 9780387510132
Total Pages : 248 pages
Book Rating : 4.5/5 (11 download)

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Book Synopsis Business Cycle Theory by : Günter Gabisch

Download or read book Business Cycle Theory written by Günter Gabisch and published by . This book was released on 1989 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Conversations on Social Choice and Welfare Theory - Vol. 1

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Author :
Publisher : Springer Nature
ISBN 13 : 3030627691
Total Pages : 334 pages
Book Rating : 4.0/5 (36 download)

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Book Synopsis Conversations on Social Choice and Welfare Theory - Vol. 1 by : Marc Fleurbaey

Download or read book Conversations on Social Choice and Welfare Theory - Vol. 1 written by Marc Fleurbaey and published by Springer Nature. This book was released on 2021-03-30 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents interviews that have been conducted from the 1980s to the present with important scholars of social choice and welfare theory. Starting with a brief history of social choice and welfare theory written by the book editors, it features 15 conversations with four Nobel Laureates and other key scholars in the discipline. The volume is divided into two parts. The first part presents four conversations with the founding fathers of modern social choice and welfare theory: Kenneth Arrow, John Harsanyi, Paul Samuelson, and Amartya Sen. The second part includes conversations with scholars who made important contributions to the discipline from the early 1970s onwards. This book will appeal to anyone interested in the history of economics, and the history of social choice and welfare theory in particular.

Economics and Social Choice: Microeconomics

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Publisher : McGraw-Hill Companies
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Economics and Social Choice: Microeconomics by : Jack W. Nickson

Download or read book Economics and Social Choice: Microeconomics written by Jack W. Nickson and published by McGraw-Hill Companies. This book was released on 1975 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: USA. Introductory textbook on microeconomics and microeconomic theory - covers supply and demand, pricing and production decisions in enterprises, competition, the determination of production factor prices and factor utilization, etc., and includes the social implications of economic choices. Graphs and references.

Social Choice Theory

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Publisher : Springer Nature
ISBN 13 : 9811696616
Total Pages : 211 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Social Choice Theory by : Satish Kumar Jain

Download or read book Social Choice Theory written by Satish Kumar Jain and published by Springer Nature. This book was released on 2022-11-01 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt: This introductory textbook on social choice theory makes the social choice theoretic framework and its main results, that have a direct bearing on the discourses on electoral rules and policy evaluation, accessible to a larger audience. The text is essentially self-contained. No previous knowledge of mathematical logic or relational algebra is assumed. Whatever technical prerequisites are needed, are developed in the text itself. Although the text is at an introductory level, there has been no compromise on rigor. Unlike most introductory books, the relevant proofs are not omitted; rather, they have been explained in detail. The text has a large number of examples so that the concepts and results become clear to the reader. There is a large number of exercises with full solutions provided at the end of the text, so that the reader can check her/his understanding of the material.

Domain Conditions in Social Choice Theory

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Publisher : Cambridge University Press
ISBN 13 : 1139430165
Total Pages : 167 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Domain Conditions in Social Choice Theory by : Wulf Gaertner

Download or read book Domain Conditions in Social Choice Theory written by Wulf Gaertner and published by Cambridge University Press. This book was released on 2001-09-06 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wulf Gaertner provides a comprehensive account of an important and complex issue within social choice theory: how to establish a social welfare function while restricting the spectrum of individual preferences in a sensible way. Gaertner's starting point is K. J. Arrow's famous 'Impossibility Theorem', which showed that no welfare function could exist if an unrestricted domain of preferences is to be satisfied together with some other appealing conditions. A number of leading economists have tried to provide avenues out of this 'impossibility' by restricting the variety of preferences: here, Gaertner provides a clear and detailed account, using standardized mathematical notation, of well over forty theorems associated with domain conditions. Domain Conditions in Social Choice Theory will be an essential addition to the library of social choice theory for scholars and their advanced graduate students.

Rational Choice, Collective Decisions, and Social Welfare

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Publisher : Cambridge University Press
ISBN 13 : 9780521122559
Total Pages : 298 pages
Book Rating : 4.1/5 (225 download)

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Book Synopsis Rational Choice, Collective Decisions, and Social Welfare by : Kotaro Suzumura

Download or read book Rational Choice, Collective Decisions, and Social Welfare written by Kotaro Suzumura and published by Cambridge University Press. This book was released on 1983 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the phenomenon of social cooperation failure, even amongst a group of rational individuals.

Social Choice and Individual Values

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Publisher : Yale University Press
ISBN 13 : 0300186983
Total Pages : 347 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis Social Choice and Individual Values by : Kenneth J. Arrow

Download or read book Social Choice and Individual Values written by Kenneth J. Arrow and published by Yale University Press. This book was released on 2012-06-26 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 students and researchers."Far beyond a classic, this small book unleashed the ongoing explosion of interest in social choice and voting theory. A half-century later, the book remains full of profound insight: its central message, 'Arrow's Theorem, ' has changed the way we think."--Donald G. Saari, author of "Decisions and Elections: Explaining the Unexpected "

Economics and Social Choice

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Publisher :
ISBN 13 :
Total Pages : 346 pages
Book Rating : 4.:/5 (468 download)

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Book Synopsis Economics and Social Choice by : Jack W. Nickson (jr)

Download or read book Economics and Social Choice written by Jack W. Nickson (jr) and published by . This book was released on 1975 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Collective Choice and Social Welfare

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Publisher :
ISBN 13 : 0674919211
Total Pages : 641 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Collective Choice and Social Welfare by : Amartya Sen

Download or read book Collective Choice and Social Welfare written by Amartya Sen and published by . This book was released on 2018-05-17 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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Publisher : Elsevier
ISBN 13 : 1483294579
Total Pages : 238 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Collective Choice and Social Welfare by : A.K. Sen

Download or read book Collective Choice and Social Welfare written by A.K. Sen and published by Elsevier. This book was released on 2014-07-24 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Social Choice

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Publisher : Cambridge University Press
ISBN 13 : 9780521310512
Total Pages : 172 pages
Book Rating : 4.3/5 (15 download)

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Book Synopsis Social Choice by : John Craven

Download or read book Social Choice written by John Craven and published by Cambridge University Press. This book was released on 1992-01-16 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook provides a survey of the literature of social choice. It integrates the ethical aspects of the subject, (discussing potentially desirable conditions for social judgements) with positive aspects of decision mechanisms that centre on the revelation of true preferences. The literature on the subject presently consists of a great many papers. This book draws them together in common notation and points out interpretations which are often missing in specialist papers. Applications in economics, electoral politics, and ethics are discussed. The book will be used by senior undergraduate and graduate students of economics, political science and philosophy as a text book in the subject.

Population Issues in Social Choice Theory, Welfare Economics, and Ethics

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Publisher : Cambridge University Press
ISBN 13 : 9780521825511
Total Pages : 392 pages
Book Rating : 4.8/5 (255 download)

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Book Synopsis Population Issues in Social Choice Theory, Welfare Economics, and Ethics by : Charles Blackorby

Download or read book Population Issues in Social Choice Theory, Welfare Economics, and Ethics written by Charles Blackorby and published by Cambridge University Press. This book was released on 2005-08-22 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how different ideas of the common good may be compared, contrasted and ranked.

Models in Microeconomic Theory

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Publisher : Open Book Publishers
ISBN 13 : 180511123X
Total Pages : 382 pages
Book Rating : 4.8/5 (51 download)

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Book Synopsis Models in Microeconomic Theory by : Martin J. Osborne

Download or read book Models in Microeconomic Theory written by Martin J. Osborne and published by Open Book Publishers. This book was released on 2023-06-26 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Models in Microeconomic Theory covers basic models in current microeconomic theory. Part I (Chapters 1-7) presents models of an economic agent, discussing abstract models of preferences, choice, and decision making under uncertainty, before turning to models of the consumer, the producer, and monopoly. Part II (Chapters 8-14) introduces the concept of equilibrium, beginning, unconventionally, with the models of the jungle and an economy with indivisible goods, and continuing with models of an exchange economy, equilibrium with rational expectations, and an economy with asymmetric information. Part III (Chapters 15-16) provides an introduction to game theory, covering strategic and extensive games and the concepts of Nash equilibrium and subgame perfect equilibrium. Part IV (Chapters 17-20) gives a taste of the topics of mechanism design, matching, the axiomatic analysis of economic systems, and social choice. The book focuses on the concepts of model and equilibrium. It states models and results precisely, and provides proofs for all results. It uses only elementary mathematics (with almost no calculus), although many of the proofs involve sustained logical arguments. It includes about 150 exercises. With its formal but accessible style, this textbook is designed for undergraduate students of microeconomics at intermediate and advanced levels.